Chief Financial Officer

Job title: Chief Financial Officer

About the Role Chief Financial Officer for the City of Bonney Lake, a key leadership role responsible for guiding the city's financial strategy, budgeting, and long-term fiscal planning. In the near term, you will work closely with the Mayor and 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.

What You'll Do

• Assist the mayor in the preparation and submission of the preliminary annual City budget.
• Administer the adopted budget, monitor revenues and expenditures, perform cost control activities, and ensure 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; ensure compliance with state and national standard accounting procedures.
• Supervise the collection of taxes, fees, and other receipts in accordance with laws.
• Maintain financial records; forecast, estimate, and monitor the financial condition of the City.
• Oversee the central computerized financial and management information system of the City.
• Oversee the posting and reconciliation of ledgers and accounts.
• Direct the preparation of state and Federal reports, including tax reports.
• 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 and assist in the maintenance of the BARS chart of account codes for the accounting system; ensure 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 books in the general ledger; track revenue and expense accounts; reconcile general ledger and 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.
• Coordinate 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 to improve efficiency.
• 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; assist in the preparation of ordinances related to finance policy and administration.
• Provide opportunities for professional development for staff.
• Attend City Council and Finance Committee meetings; prepare agenda bills, staff reports, and public presentations as needed.
• Oversee the preparation, administration and monitoring of the various budgets related to the Finance.
• Analyze problems, identify alternative solutions, project consequences, and implement recommendations to support goals.
• Create an environment of teamwork and respect; foster a culture of equity and inclusion; remain current with relevant technological advancements; maintain regular attendance.
• Perform other duties as assigned.

What We're Looking For

• Bachelor’s degree in accounting, finance, business, public administration.
• Demonstrated leadership and supervisory experience in a finance department; ability to supervise and develop staff.
• Experience in government budgeting, financial reporting, and audits; strong knowledge of internal controls and accounting procedures; familiarity with government fund accounting and BARS coding.
• Ability to collaborate with the Mayor, City Administrator, Council and department heads; strategic thinker with excellent communication and analytical skills.
• Commitment to equity and inclusion and to serving a diverse community.