FINANCE MANAGER in Commerce, California at City of Commerce

Under general direction, plans, organizes, and oversees the city’s purchasing, accounts payable, accounts receivable, business licensing, and cash & investment operations. This position ensures compliance with federal, state, and local regulations, enforces newly adopted financial policies and procedures, and provides support in managing the city’s investment portfolio. The position supervises assigned staff, fosters a culture of accountability, and works closely with the Finance Director to ensure effective and efficient financial operations.
The following duties ARE NOT intended to serve as a comprehensive list of all duties performed by all employees in this classification, only a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• Plans, organizes, and manages the daily operations of purchasing, accounts payable, accounts receivable, business licensing, cashflow analysis and investment management.
• Oversees the city’s investment portfolio; in conjunction with the city’s investment advisor, recommends investment strategies to the Finance Director that are consistent with the City’s Investment Policy and California Government Code; and ensures sufficient liquidity for operating needs.
• Enforces newly adopted financial policies and procedures; ensures compliance with applicable laws, regulations, ordinances, and professional standards.
• Provides leadership and provides recommendations to the Finance Director regarding financial priorities, resource allocations, and process improvements.
• Assures the integrity of the financial work products, processes, and procedures to safeguard the city's assets; monitors completeness, and compliance with federal, state, and city policies and practices.
• Assists in financial reporting and budget development; reviews and analyzes budget performance and revenue and cash flow trends; recommends adjustments as necessary; reviews and approves budget adjustments, as necessary.
• Monitors and analyzes operational and financial data; prepares reports and presentations for management, City Council, and external agencies.
• Manages and coordinates purchasing operations; oversees the preparation and evaluation of bid proposals, selection of contractors and negotiation of contracts in order to procure the most cost-effective supplies, materials and services; assures procurement activities are in compliance with federal, state, and city policies and practices.
• Directly supervises assigned Finance Department staff; assigns works, sets priorities, evaluates performance, and develops staff capabilities.
• Ensures effective communication within the department and with other city departments; interprets and explains financial policies and procedures to internal and external stakeholders.
• Maintains the absolute confidentiality of all records and information.
• Performs related duties as assigned.

Education and Experience:

Bachelor's degree from an accredited college or university in Accounting, Finance, Economics, or Business Administration or a closely related field and Five (5) years of increasingly responsible professional experience in municipal finance, accounting, or purchasing, including at least two (2) years of relevant supervisory experience in public finance.
Required Licenses or Certifications:
Must possess a valid California driver's license and a safe driving record.
Desired Certification:
CPFO (Certified Public Finance Officer)
CPPO (Certified Public Procurement Officer)

**This is an "at-will" FLSA exempt position.