The City of Downey, California provides a talented finance professional with the opportunity to lead a critical division of a city with a strong history of stability and municipal success. Downey’s rich cultural significance is sourced from its healthy commercial districts and vibrant neighborhoods. Citizens and staff are proud to call Downey home.
The current Finance Director is retiring after 15 years of successful service. The position will oversee a staff of 16. The Finance division provides management of Downey’s financial operations in accordance with established fiscal policies, ranging from payroll, accounting, budgeting, purchasing, business license and utility billing, and various contracts including the Ride Share program. The position develops and implements financial strategies for the City, including budgeting and capital planning, preparation of the City’s annual financial report(s), long-range financial forecasting, debt and revenue management, asset liability management, and cash and investment management. The staff in Downey have a history of clean audits and maintaining strong reserves at 35%. Information Technology is managed by a City IT Manager who oversees a successful contract with a private vendor.
The position maintains financial policies and procedures and provides recommendations for changes as needed to comply with GASB regulations for financial reporting and annual auditing. There is an excellent annual report with many helpful City of Downey details available here.
The City is looking for an approachable collaborative leader willing to engage and innovate with department directors throughout the agency. The Finance Director is a strategic partner to the City Manager, City Council, and staff. Downey is excited to have a self-starter join the team with a fresh perspective and proactive style. If you are a take-charge, own the books, type of person, who enjoys leading and working with a dedicated team, Downey is a place for you to thrive.
COMPENSATION AND BENEFITS
The successful candidate will receive a highly competitive salary, up to $215,000 annually that considers the candidate’s qualifications and track record of career success. In addition, the City provides an excellent executive benefits package that includes CalPERS retirement – Classic Second Tier is 2% at 60, and 2% at 62 for new members, voluntary participation in deferred compensation, competitive medical insurance, generous paid leave, an auto allowance, and a 9/80 work schedule Monday through alternating Fridays. Additional benefit information can be found in the detailed recruitment brochure.
Apply immediately, this recruitment will close once a suitably strong pool of candidates has been established. This recruitment will be handled with strict confidentiality. References will not be contacted until mutual interest has been established.
Confidential inquiries are recommended to Julie Baca or Greg Nelson at (916) 550-4100 before submission of materials.
Interested candidates should submit a comprehensive résumé and compelling cover letteronline at mosaicpublic.com/careers.
The City of Downey is an Equal Opportunity Employer.
Any combination of education and experience that would likely provide the necessary knowledge, skills, and abilities is qualifying. The following is a typical way to qualify:
Education: A Bachelor’s degree from an accredited college or university in public administration, business administration, finance, accounting, or related field. A Master’s degree is preferred.
Experience:Five (5) years experience of a progressively responsible nature in public accounting and financial work including significant supervisory experience.
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