Finance Director Job at City of Toledo

City of Toledo Toledo, OH 43604

Description

Director of Finance – City of Toledo, Ohio (272,779). Founded in 1837, Toledo is the fourth largest city in Ohio and covers 84 square miles. Located along Lake Erie and bisected by the Maumee River, Toledo offers the amenities of a metropolitan area and is home to a regional population of more than 600,000. Centrally located within the Great Lakes region, Toledo is less than two hours from Detroit, Cleveland, and Columbus, and four hours from Chicago, Indianapolis, and Cincinnati.

Toledo is well-known for its industry, particularly in automobile assembly and glass (hence the nickname, "The Glass City” thanks to Owens Corning, Owens Illinois, and Libbey Glass). Toledo is at the heart of the new manufacturing economy, which is entrepreneurial in spirit. Toledo offers an abundance of cultural and recreation amenities, including a nationally recognized zoo and museum, and an expansive parks and trail system. Toledo offers an extraordinary mixture of opportunity, culture, affordability, accessibility, and beauty.

The city seeks highly-skilled public finance professionals with strong communication skills as candidates for its next Director of Finance. The Director of Finance is a key member of the mayor’s cabinet in a financially stable organization. The mayor has been in office since January 2018. The city maintains an A2 bond rating from Moody’s Investor Services.

A technically skilled and collaborative professional, the next Director will lead the Finance Department and a variety of financial activities. The Director oversees a department of five divisions and more than 53 employees, and performs complex work involving fiscal planning, internal audit and budgetary controls, purchasing, taxation, debt management and cost studies. In concert with the Mayor’s executive team and the City Council, the Director develops and manages an overall city budget of more than $250 million.

The City’s next Director will be an ethical and experienced professional with strong technical and interpersonal skills. The ideal candidate must have an inclusive managerial style, as well as clear, concise, and open communication skills.

The successful candidate will:

  • Have a record of leadership, problem solving and decisiveness;
  • Possess a passion for public service; and
  • Have a desire to work collaboratively with the finance team and other City departments in the delivery of City services.
Candidates should also have:
  • Bachelor’s degree from an accredited college or university with a major in finance, accounting, business, or public administration, or a closely related field or an equivalent combination of training and/or experience. A Master’s degree is highly desired and may substitute for two years of experience.
  • Five or more years increasingly responsible experience in fiscal management accounting, or a related field, preferably in the public sector including three years of administrative and supervisory responsibility.
  • Working knowledge of financial management/ERP systems; and
  • Certified Public Finance Officer (CPFO) designation, Certified Public Accountant (CPA) and/or Certified Government Financial Manager (CGFM) designation desired.
Starting salary range: $136,365 to $147,668+/- DOQ, plus exceptional benefits. The City of Toledo offers a competitive benefits package including generous paid leave, an excellent health care plan with access to a broad network of health, vision and dental services, life insurance, and pension through the state of Ohio. The current salary is under review to assure market-competitiveness.

Candidates should apply (Open until filled) with resume, cover letter and contact information for five work-related references to www.GovHRjobs.com to the attention of Lee Szymborski, Senior Vice President, GovHR USA, or Byron Marshall, Co-Managing Director, Institute for Excellence in Public Service (i4x). The City of Toledo is an Equal Opportunity Employer.

Lee Szymborski, Senior Vice President, GovHR USA, 630 Dundee Road, Northbrook, IL 60062, Tel. 847.380.3240

Byron Marshall, Co-Managing Director, Institute for Excellence in Public Service, 455 Massachusetts Ave, NW, Suite 363, Washington, DC 20001, Tel. 512.626.9534


The City of Toledo provides excellent health and retirement benefits for its employees.

Health Insurance

The City of Toledo is a self-funded medical plan provider that offers a broad network of health services options for its employees. The City also offers a multi-tiered prescription drug plan and dental and vision care services.

Employees are required to pay a monthly premium depending on the employee’s selection of single, single plus one, or family coverage. Coverage is also afforded for qualifying domestic partners, depending on the employee’s bargaining unit. Monthly co-premiums are determined by collective bargaining agreement or Municipal Code.

Group Life Insurance
City employees are covered by a group life insurance plan depending on collective bargaining agreement or Municipal Code.
Ohio Public Employees Retirement Plan
The City is a member of the Ohio Public Employees Retirement Plan (OPERS). All employees who are paid in whole or in part by the state of Ohio, a county, municipality, or any other political subdivision of state or local government in Ohio must become members of OPERS unless they are covered by another state retirement system in Ohio.

OPERS is a pension plan providing fixed retirement benefits every month based on a formula that rewards years of service. The City contributes 14.00% of the employee’s annual base salary and employees contribute 10.00% of their annual base salary.
For more information about OPERS, click on this link: https://www.opers.org/
Deferred Compensation & 401(K)
The City of Toledo offers a voluntary governmental 457(b) deferred compensation plan, which is a retirement savings plan that allows eligible employees to supplement any existing retirement/pension benefits by saving and investing pre-tax dollars through salary deferral.
Contributions and any earnings are tax-deferred (both federal and state income taxes) until money is withdrawn. Withdrawals are taxed at ordinary income levels.
For more information about the Ohio Deferred Compensation click on this link: https://www.ohio457.org/iApp/tcm/ohio457/index.jsp
401(k)
The City of Toledo offers a voluntary pre-tax savings contributions retirement plan. The plan is commonly referred to as a 401(k).
Under the 401(k) plan, an employee’s retirement savings contributions are deducted from the employee’s paycheck before taxation. The City does not make contributions on the employee’s behalf. (Contributions are tax-deferred until withdrawn during retirement). Annual contributions to the 401(k) plan are limited to a maximum pre-tax annual contribution, as established by Internal Revenue Service regulations.
Roth 401(k)
The City of Toledo also offers a voluntary post-tax savings contributions retirement plan. This plan is commonly referred to as a Roth 401(k) Plan.
Under a Roth 401(k) Plan, an employee’s retirement savings contributions are deducted from the employee’s paycheck on a post-tax basis. Annual contributions to the Roth 401(k) plan are limited to a maximum post-tax annual contribution, as established by the Internal Revenue Service.




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