Chief Financial Officer in Bonney Lake, Washington at City of Bonney Lake

The City of Bonney Lake invites qualified candidates to apply for the position of Chief Financial Officer, a key leadership role responsible for guiding the city's financial strategy, budgeting, and long-term fiscal planning. Join a dynamic team dedicated to building a strong, sustainable future for our growing community. ln the near term in this role, you will work closely with the Mayor & City Administrator to finalize the 2027-2028 Biannual Budget and act as the City lead contact with the Office of the Washington State Auditor on the annual audit.

In addition to answering the supplemental questions, please attach a cover letter (include in the cover letter why you want to serve as the city's next Chief Financial Officer) and resume to this application.

General Purpose
As a department head, perform a variety of complex supervisory, professional, administrative and technical accounting and finance functions in maintaining the fiscal records and systems of the City. Establish and oversee strategic direction for the Finance Department. Contribute to the City’s vision, mission, and goals in the performance of all job duties.

Supervision
Reports To: Mayor and City Administrator
Supervises: Finance and Payroll Accountant, Financial Operations Manager, and exercises supervision over all Finance department staff directly or through subordinate supervisors.

• Assist the mayor in the preparation and submission of the preliminary annual City budget.
• Administer the adopted budget of the City, including monitoring revenues and expenditures, performing cost control activities, and ensuring effective and efficient use of budgeted funds, personnel, materials, and facilities.
• Serve as the chief financial advisor to the mayor, council, city administrator and department heads. Establish and maintain internal control procedures and ensure that stateand national standard accounting procedures are maintained.
• Supervisethecollectionoftaxes,fees,andotherreceiptsinaccordancewithlawsandregulations.
• Maintain financial records;.forecast, estimate, and monitor the financial condition of the City to ensure the fiscal wellbeing of the City.
• Oversee the central computerized financial and management information system of the City.
• Overseethepostingandreconciliationof ledgersandaccounts.DirectthepreparationofstateandFederalreports,includingtaxreports.
• Oversee payroll, accounts payable processing, and utility and other billings.
• Provide technical expertise in preparing budgets including capital improvement plans.
• Prepare a variety of financial studies, reports and related information for decision-making purposes.
• Oversee the investment of City funds.
• Assist the Administrative Services Director, City Administrator and HR Manager in the planning, implementation and administration of City benefit programs.
• Oversee, supervise, and assist in the maintenance of the BARS chart of account codes for the accounting system.Ensure that accounts are properly posted with the correct BARS account numbers.
• Oversee, and assist in the preparation of annual financial reports; close year-end general ledger; prepare notes to the financial statements, Equipment Rental Fund accounts, and labor distributions. Make journal entries to balance and close monthly booksinthegeneralledger,trackrevenueandexpenseaccounts;reconcilegeneralledgerand subsidiary accounts.
• Perform research as assigned for the State Auditor’s Office during the annual audit.
• Prepare, maintain, and submit a variety of records and reports related to financial systems.
• Periodically audit sales tax data from the Department of Revenue.
• Manage and review payroll for tax, fringe benefit, and retirement plan compliance. Coordinates with the City Administrator and Human Resources Manager on pay and benefit issues.
• Oversee the preparation and maintenance of fixed asset accounts of the City, any LID accounts or other special assessments.
• Plan, organize, coordinate, supervise and evaluate programs, plan services, staffing, of the Finance Department.
• Determine work procedures, prepare work schedules, and expedite workflow. Issue written and oral instructions. Study and standardize department policies and procedures to improve efficiency and effectiveness of operations.
• Evaluate city financials and formulate short- and long-range plans to meet needs in all areas of responsibility.
• Assemble necessary resources to solve a broad range of programmatic and service delivery problems in the delivery of finance services; assist in the preparation of new City ordinances and the revision of existing ordinances related to finance policy and administration.
• Provide opportunities for professional development for staff.
• Conduct consistent check in meetings with direct reports.
• Delegate, review, and ensure timely completion of duties of assigned staff.
• Recruit, hire, train, recognize, promote, coach, mentor, and develop performance of assigned staff.
• Attend the City Council and Finance Committee meetings. Prepare agenda bills, staff reports, and makes public presentations as needed.
• Oversee the preparation, administration and monitoring of the various budgets related to the Finance.
• Analyze problems, identify alternative solutions, project consequence of proposed actions and implement recommendation in support of goals
• Create an environment of teamwork and respect.
• Foster a culture of equity and inclusion by welcoming and meeting the diverse needs and perspectives of groups and individuals.
• Commitment to working effectively with people from diverse backgrounds and cultures, promoting a sense of belonging, and actively identifying and removing barriers to inclusion.
• Remain current with relevant technological advancements as it relates to the field.
• Maintain regular, reliable, and punctual attendance.
• Perform other duties as assigned.

Education, Experience and License Requirements

• Bachelor’s degree in accounting, finance, business, public administration, or a closely related field.
• Ten (10) years of government accounting or finance work.
• 2 years of supervisory experience.
• Certified Public Accountant (CPA) or Government Finance Officers Association (GFOA) Certified Public Finance Officers Program is desired.
• Driver’s license.

• Successful passing of a required background check and credit report.
• Must be bondable.

Competency Requirements

• Attention to detail.
• Communicate effectively.
• Practice customer service focus.
• Maintain positive interactions with all individuals.
• Build collaborative relationships.
• Anticipate problems and develop contingency plans.
• Take initiative within job scope.
• Remain flexible to changing priorities.
• Determine priorities and take prompt action.
• Meet deadlines and responds to individuals in a timely manner.
• Cognizant to the attitudes, feelings or circumstances of others and have an awareness of how one’s behaviors may impact others.
• Conflict resolution skills.
• Effective delegation and follow through.
• Relationship building at all levels of the organization including elected officials, executives, managers, employees, and volunteers.
• Effective negotiation and consensus building skills to create partnerships.
• Be flexible in decision-making and use a team-oriented approach.
• Exercise high degree of confidentiality.
• Work effectively with others to achieve common goals.
• Practice Social awareness.
• Ability to problem solve challenging matters in a timely manner.
• Resolves and works through conflict with grace, dignity, tact and respect.
• Knowledge of:
  • Municipal financial software
  • Modern governmental accounting theory principles, and practices;
  • Internal control procedures and management information systems
  • Office automation and computerized financial applications
  • Public finance and fiscal planning
  • Payrollandaccountspayablefunctions
  • Budgetary, accounting and reporting systems
  • GAAFR, GAAP, and GASB

Physical Demands

• Moving throughout City facilities and buildings.
• Travel to off-site locations and move throughout the community as needed.
• Drive and perform field work.
• Operate a computer and other office equipment.
• Communicate with City employees and residents.
• Lift or move items weighing up to 10 pounds on occasion.

Work Environment

• Work is performed in an office environment.
• Noise level in the office is moderately quiet.
• Work evening and/or weekend hours as needed.
• Night meetings may be required.

Approved reasonable accommodation requests will be made to enable individuals with disabilities to perform the essential functions of the job.
Core Values The City is a team of dedicated professionals who respect and serve the community and each another and has highlighted six core values:

• Professionalism: Being ambassadors of the City by providing expert service delivery.
• Service: Giving helpful assistance or advice to our customers.
• Accountability: Performing the duties of my position in a responsible way.
• Respect: Fairly considering the rights, opinions and ideas of others.
• Integrity: Acting in harmony with the laws and values of the City.
• Teamwork: Working together to best serve the community.