Chief Financial Officer - Colorado Government Finance Officers Association

About the Chief Financial Officer Position

The Chief Financial Officer (CFO) is the financial steward and strategic leader responsible for all finance functions within the City and serves as a key leader and financial advisor to the City Manager, departmental leaders, and the organization. Reporting to the City Manager or designee, the CFO provides an organization-wide focus on the operations and transactional aspects of Boulder’s fiscal policy, fiscal services, and risk management.

The CFO is responsible for directing and managing the finance department, encompassing annual financial reporting, accounting, accounts payable and receivable, treasury, investments, debt issuance and management, budgeting, payroll, tax collection and auditing, regulatory licensing, purchasing, internal audit, risk management, and other essential services. Reporting to the CFO are the Deputy Finance Director, Budget Officer, Senior Risk Manager, Payroll Manager, and Executive Assistant.

This role involves providing and presenting financial information in a clear and transparent manner to the City organization, City Council, and the community while also ensuring comprehensive oversight and fiscal stewardship for all City funds. Building strong relationships with department staff and other directors is essential to coordinate the development and implementation of robust financial processes, procedures, and internal controls.

In partnership with the Budget Officer and the central budget team, the CFO supports other departments in developing financial analyses and works closely with the Controller to review and implement accounting pronouncements and address emerging issues. The CFO ensures effective financial systems, operations, and robust compliance, control, and risk management policies. Additionally, they provide necessary reports and summaries for historical financial information as requested under the Colorado Open Records Act and ensure compliance with the Taxpayer Bill of Rights.

Qualifications

At least eight years of progressively responsible financial leadership experience is required. At least five years in a management role with direct experience building and maintaining a high-functioning team is essential. Government finance experience is highly preferred, including knowledge of the financial impacts of public policies. Knowledge of public finance, including tax policy, tax structures, tax collection, fee setting and structures, and fee collection, is essential, as are public entity purchasing best practices. Knowledge of public sector unions and implications of pay practices, public pensions and funding implications, and grant administration are ideal.

A bachelor’s degree in business, accounting, finance, economics, public administration, or related field is required, with a master’s degree preferred. A Certified Public Accountant (CPA) or Certified Public Finance Officer (CPFO) designation is preferred.

If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.

Compensation

The salary range for the Chief Financial Officer is $177,257 – $265,865, with an anticipated hiring range of $177,257 – $248,144, and will depend on the qualifications of the successful candidate. The City of Boulder is a progressive organization that values employee engagement and well-being. The City recognizes the importance of providing an encompassing health and life benefits program to employees, including Hybrid Work, Flex Schedules, Telehealth and Wellness Incentives, Infants and Dogs at Work Program, Local bus Eco-Pass, and an Employee Discount Program on goods and services throughout the Boulder Community.

Respect is one of Boulder’s five City Values, and they are committed to racial equity, diversity, and inclusion. The City celebrates and supports differences across all spectrums including but not limited to race, ethnicity, gender, age, ability, and sexual orientation. Through the City’s focus on racial equity, employee benefits, and the many program resources offered to employees, Boulder continually strives to weave respect for one another into the fabric of their organization.

Add your voice and talents to the City of Boulder and help them grow in service excellence for an inspired future. Applications will be accepted electronically. Open until filled with the first review of applications on December 16, 2024.