Director of Finance

Colonial Heights, City of (VA); Colonial Heights (VA); On-site; USD 115,000 - 140,000; Full time

Job summary

The City of Colonial Heights is seeking a highly professional Director of Finance to provide overall direction and leadership of the City's financial operations. The role directs Accounting, Payroll, Purchasing, Risk Management, Utility Billing, Real Estate Assessment, and Billing and Collections, and advises the City Manager on budget and financial matters.

Requirements include a Bachelor's Degree with 10+ years of supervisory experience (Master's with 5+ years acceptable); CPA/CPFO desirable.

Qualifications

• Bachelor's Degree with 10+ years of supervisory experience.
• Master's Degree and 5+ years supervisory experience desirable.
• CPA and/or CPFO desirable.
• GAAP and GASB knowledge required.
• Strong leadership and communication skills.

Responsibilities

• Directs Finance Department staff and performance.
• Oversees budgeting, financial reporting, and strategic planning.
• Directs debt issuance and bond rating presentations.
• Manages grants, audits, and financial controls.
• Interacts with City Manager, Mayor and Council.

Skills

Leadership

Strategic Planning

Communication

Financial Analysis

Presentation Skills

Education

Bachelor's Degree

Master's Degree

CPA / CPFO desirable

Job description

** Open Until Filled. First review of applications to begin no later than October 2, 2026. **

The City of Colonial Heights is seeking a highly professional Director of Finance to provide overall direction and leadership of the City's financial operations.

Hiring Range: $115,000 - $140,000; Negotiable (Anticipate hiring above the pay range minimum).

This position, which reports to the City Manager, directs, manages, and oversees the staff and the functions of the Finance Department, to include Accounting, Payroll, Purchasing, Risk Management, Utility Billing, Real Estate Assessment, and Billing and Collections. Assists the City Manager with the development and implementation of financial matters, including budget preparations and controls, financial reports and statement preparations, and strategic planning; serves as an advisor to the City Manager and Department Directors.

• Directs, supervises, and evaluates Finance Department staff.
• Assists the City Manager with the development and implementation of financial matters, including budget preparations and controls, financial reports and statement preparations, and strategic planning.
• Prepares revenue estimates and coordinates budget preparation and review.
• Coordinates the issuance of bonds, bond rating agency presentations, and official statements concerning the amount of debt capacity.
• Oversees the preparation of fiscal statements and accounting systems and coordinates annual audit procedures and financial reports.
• Establishes and maintains citywide accountingand reporting systems pursuant to Government Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP) standards.
• Provides financial oversight for all departments.
• Oversees financial administration of grants and grant-funded programs.
• Appraises operating resultsin terms of costs, budgets, operating policies and procedures, and makes appropriate change recommendations.
• Invests City funds.
• Analyzes the City's existing debt structure, and projects future financing needs and options for funding those needs.
• Establishes and monitors shortand long-term financial goals of the City,including the City's enterprise operations.
• Recommends financial policies and procedures, drafts and proposes financial accounting policies and practices to manage the City's financial risks by researching, analyzing, and implementing accepted governmental accounting policies and procedures.
• Coordinates procurement activities, reviews and approves city purchases.
• Addresses citizen inquiries.
• Other duties as assigned.

• Bachelor's Degree and over 10-years directly related supervisory experience; or Master's Degree and over 5-years directly related supervisory experience, or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities.
• Certified Public Accountant (CPA) is desirable.
• Certified Public Finance Officer (CPFO) is desirable.

Must possess:

• Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP), and of general laws and administrative policies governing municipal financial practices and procedures.
• Comprehensive knowledge of the principles and practices of governmental accounting,budget preparation and account reconciliation.
• Must have strong leadership, managerial, communication (oral and written), and presentation skills; must have a clear and open communication style.
• Must have strong quantitative and analytical skills.
• Needs the ability to prepare informative financial reports.
• Needs the ability to plan, organize, direct and evaluate the work of subordinate staff.
• Needs the ability to evaluate complex financial systems and efficiently formulate and install accountingmethods, procedures, forms and records.
• Needs the abilityto build strong working relationships within and across departments, with the City's Management team, the Mayor and City Council, and other City officials.

The work is generally performed in an office environment. Typical... (Note: The full ... description text remains as above until the end of the role description)