Assistant Director of Finance for Debt & Strategic Planning
Job Description:
The City of Chesapeake, VA (pop. 245,000) is searching for the next Assistant Director of Finance for Debt and Strategic Planning. Chesapeake is an independent City established in 1963 by the merger of Norfolk County and the City of South Norfolk.
The City has an operating budget of $1.16 billion of which approximately one half is the school system budget. The City has a total of 3500 employees not including the School Division. Notably, the city has a AAA bond rating from each of the top three rating agencies, reflecting its commitment to financial planning and strong financial management. Along with the AAA bond ratings, the City regularly receives the Government Finance Officers Association awards for its Budget Presentation and Comprehensive Annual Financial Report.
The City of Chesapeake Assistant Director of Finance for Debt and Strategic Planning administers, directs, manages and oversees the debt management and strategic financial planning activities of the City under the direction of the Director of Finance – including development and monitoring of debt policies for compliance. The position holds a key leadership position in the Finance Department, provides central coordination of all City debt (with schools and certain component units) for general obligation, revenue and tax increment financing district improvement bonds, commercial paper, loans and other lines of credit facilities and the related year-end tasks surrounding debt for the annual audit.
The position requires:
• A bachelor’s degree in accounting, finance, economics or a closely related field
• At least six years related financial experience
• Knowledge of municipal capital financing, municipal bond markets, arbitrage and tax compliance regulations
• The ability to prepare comprehensive financial and economic reports, develop and analyze alternative financial strategies, and present ideas clearly and concisely.
For full description: www.govHRJobs.com
The stated salary is +/-100,000 DOQ with excellent benefits. Residency is not required. Send résumé, cover letter, and contact information for three professional references by February 26, 2021 to Sarah McKee, Senior Vice President, GovHRUSA. TEL: 224/282-8310; Email: smckee@govhrusa.com. All applications must be electronic through our online application system at www.govHRJobs.com.
The City of Chesapeake is committed to ADA compliance and is an Equal Opportunity Employer
