Finance Director

Salary: $140,891.36 - $176,114.20 Annually
Location : Oakdale City Hall
Job Type: Full-Time
Job Number: 202500058
Department: Finance
Opening Date: 04/23/2025

The City of Oakdale's Vision is to be a welcoming and vibrant community, offering a high quality of life for all its citizens.
Job description

Oakdale is searching for a Finance Director to join our growing team and community in beautiful Washington County. Located conveniently near 694/94, we have been experiencing both new development and reinvestment and are expected to grow to a 35,000 population in the next several years. Oakdale is in a strong financial position with an Aa1 bond rating and the community recently approved a local option sales tax (LOST) to help fund expansion and renovation of city facilities. This position directs all aspects of city financial operations including investing, payroll, accounts payable/ receivable, utility billing, and budgeting/CIP/CEP preparation and implementation.

We are seeking a strategic and detailed professional to join our leadership team, support City leadership, and provide a strategic fiscal approach for long-term sustainability. Our Finance Department includes six other individuals committed to providing high-quality services, along with a total Oakdale staff of 140 FTEs. We believe that our employees are our greatest asset and thus we provide a comprehensive compensation package including competitive salary, a full benefit package including contributions to H.S.A. accounts, a generous PTO schedule, Executive Leave, cell phone and vehicle allowances.
Job expectations

The essential functions of the position include, but are not limited to the following:

Work collaboratively with other staff to provide excellent and responsive public service

Prepare, submit, and administer an annual budget, capital improvement plan, and tax levy; including the controls necessary to track budgetary compliance

Proficient in budgeting process (working with City Administrator, Department Heads, and Elected Officials) and communicating tax levy impacts

Responsible for the preparation of the City's Annual Comprehensive Financial Report (ACFR); prepare and present periodic financial reports with recommendations; prepare and present financial status reports

Thorough knowledge of Government Accounting Standards Board (GASB) and how to implement changes when new pronouncements are released

Thorough knowledge of Generally Accepted Accounting Principles (GAAP)

Develop and update fiscal and accounting policies, practices, procedures and controls required to manage the City's financial matters

Ability to accurately comprehend, interpret, analyze, and as importantly, clearly explain complex financial information to a variety of audiences

Ensure the integrity of financial data through effective internal controls

Develop and implement an overall investment strategy with supporting policies and procedures consistent with sound municipal finance practices and all applicable laws and regulations

Ability to develop relationships with brokers to ensure they understand the City's investment goals. Ability to connect investments with cash flow requirements to maximize interest opportunity.

Develop effective debt management policies, practices and procedures to ensure accurate cash flow projections, financing sources and cash uses relative to outstanding debt. Serves as the City lead in the issuance of debt and the creation of the Official Statements (OS).

Knowledge of City projects and fiscal requirements to finance. Ability to work with consultants, appointed officials, and elected officials to issue debt when necessary.

Ability to use technology and software to consolidate information from multiple departments.

Ability to work with data and ensure accuracy.

Ability to communicate clearly, both verbally and in writing.

Ability to promote a positive and supportive work environment.

Keep City Administrator promptly informed of all significant developments that she/he would need to know to effectively perform her/his position as Chief Administrative Officer.

Plan, direct, coordinate, and review the work plan for professional accounting staff; assign work activities, projects, and programs; review and evaluate work products, methods, and procedures; meet with staff to identify and resolve problems.

Represent the city in a courteous, responsive, and professional manner in all interactions.

Ability to follow written and verbal instructions.

Perform other duties as assigned

Minimum qualifications

To perform this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the formal education, experience and training required.

Education

• Bachelor's in accounting/finance

Experience

• Five to seven (5-7) years of experience in local government accounting/finance

Trainings, Certificates, and Licenses

• Certified Public Finance Officer; certification within three (3) years of hire

Desired qualifications

The requirements listed below are representative of the formal education, experience and training preferred in order to exceptionally perform all of the functions of this position.

Education

• Graduate level degree in Accounting/Finance

Experience

• Seven to ten (7-10) years' experience in local government accounting/finance

Trainings, Certificates, and Licenses

• Certified Public Finance Officer (CPFO)
• Certified Public Accountant (CPA)
• Additional national training through the Government Finance Officers Association and locally through the Minnesota Government Finance Officers Association

CORE VALUES

In Oakdale, we will:

• Respect -serve and treat all people with respect, fairness, dignity, and compassion
• Responsibility - be a responsible steward to community resources
• Sustainability -enhance the environment and mitigate impacts on it to the extent possible
• Excellence -encourage and foster orderly, quality development and redevelopment
• Integrity -adhere to a standard of values promoting diversity, honesty, and ethical behavior
• Innovation -develop a learning organization to the extent that it adds value to our community

The City of Oakdale understands that its employees are its greatest asset. Accordingly, we seek to offer a comprehensive benefits package that meets employee needs throughout their working life. Our plan includes medical care, dental, vision, retirement, deferred compensation plans, flexible spending accounts, life insurance, short and long-term disability, holidays, and paid time off. The city also supports employees through wellness options, employee assistance availability, and department specific initiatives.

Part-time employees who are employed on a schedule of more than twenty hours per week receive benefits on a pro-rated basis.

The benefit options below are applicable for regular, full or part-time employees and may vary based on labor agreement or specific position.

• Medical: Medica (four plan options) - City contribution for both single and family premiums, as well as H.S.A. contributions in accordance with City policy.
• Dental: Mutual of Omaha -Four tiers of coverage are available.
• Life insurance: Mutual of Omaha -The City provides a life insurance coverage for employees. Additional coverage may be purchased if you choose to do so.
• Short-Term Disability: Mutual of Omaha - The City offers pays the premium for this coverage which provides for up to 66.67% of your normal weekly pay, up to $400 for up to 12 weeks and is payable on the 8th day of disability.
• Long-Term Disability: Mutual of Omaha - The City offers pays the premium for this coverage which provides for up to 60% of your normal monthly pay, up to $3,000 per month and starts on the 90th day of disability.
• Additional benefits: including voluntary vision, accident, hospital indemnity, Flexible and Dependent Care Spending Accounts, 457 Deferred Compensation, and others are also available.
• Paid Time Off: generous paid time off program
• Paid Holidays: The city provides 12 named paid holidays
• Floating Holiday: The city provides one paid floating holiday
• Cell phone, uniform, and vehicle allowance - varies by position
• Flexible and Remote Working Opportunities - varies by position
• Employee Assistance Program
• Health and Wellness Resources
• Strong Employee Culture

01

Work culture is important to us here in Oakdale. What do you do to help create and maintain a healthy, productive, and accountable work culture?
02

What do you do as a leader to establish trust and credibility with staff and colleagues?
03

Do you have experience managing or supervising staff?

• Yes
• No

04

What additional local (MGFOA) or national (GFOA) training have you participated in?
05

Please describe the most complex project or situation that you have been directly responsible for that required anticipating changing needs, political astuteness, and effective use of staff resources. Include the most difficult or challenging decision you made during the process.
06

Do you have a valid drivers license with Minnesota driving privileges?

• Yes
• No

Required Question