Finance Director

City of Bothell, WA | Full-time

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The Position

The City of Bothell is seeking an experienced and highly regarded Finance Director to provide strategic and visionary leadership to the Finance Department. As the principal financial advisor, the Director provides leadership, direction, and guidance on all financial strategies in support of a shared vision. The Finance Director is responsible for advising the City Manager and City Council and providing high level, consistent reporting with the goal of maintaining a strong financial position and safeguarding the City’s assets.

The Finance Director develops and directs financial plans and policies to meet City goals and ensures effective communication of financial issues. The Director promotes City goals and priorities in compliance with all policies and procedures and analyzes financial information on City operations, effectively evaluates the City's needs, and recommends financial solutions. Acting as the primary representative for the Finance Department, the Director works with elected officials, outside agencies, boards, and commissions to address issues and provide financial interpretation of City policies, procedures, rules, and regulations.

The Director coordinates and oversees a collaborative and forward-thinking budget development process. The Finance Director provides ongoing financial forecasting and planning, tracks and monitors the adopted budget, and recommends budget adjustments. This position also recommends funding allocations, develops revenue and expenditure forecasts, and prepares periodic budget and fiscal reviews for submission to City departments. The Finance Director supervises financial reporting, preparation of financial statements, and development of the Annual Comprehensive Financial Report (ACFR) and manages the Capital Facilities Plan (CFP). The department leader ensures that the City follows all State and Federal regulations and City policies and procedures related to public finance.

The Finance Director supports the relationship between the City of Bothell and the constituent population while prioritizing and embodying Bothell’s organizational values of teamwork, service, safety, innovation, and ethics. The Director provides leadership and guidance to a dedicated team, including a Deputy Finance Director, five Financial Analysts, two Payroll Specialists, and an Accounts Payable Specialist. In collaboration with the Deputy Finance Director, the Director motivates and empowers employees and ensures alignment with departmental standards, public finance policies, and program and project priorities.

The Priorities

  • Build strong, positive relationships throughout the organization. Engage as an active member of the Executive Leadership Team and carry forward a City first mentality. 
  • Continue to drive financial stability. Build a strategic financial plan and forecast beyond the current biennial budget to inform Council decisions and support the long-term financial health of the City. 
  • Conduct a thorough departmental assessment, identify opportunities for efficiency, drive changes that support a unified vision, and prepare the department for the future. 
  • Continue to evolve the budget process. Create presentations that increase transparency, effectively convey financial information, and tell the City’s story.
  • Collaborate with the City Manager to strengthen Bothell’s data-driven culture. Introduce performance management capabilities, create measurable outcomes, and further enhance the use of data.
  • Actively champion, support, and implement the City’s diversity, equity, and inclusion initiatives. Support Bothell’s commitment to weaving inclusive principles and equitable practices into everything the City does to ensure equal access to services.

The Successful Candidate

The new Finance Director is a strategic systems thinker who will quickly understand the values of Bothell and easily see the big picture and long-term vision for the City. While deeply rooted in financial best practices, the successful candidate brings their own set of diverse experiences that add value and perspective while promoting the importance of long-term financial sustainability.

With a City first mentality, the Finance Director is an active supporter of high-performing organizations, encourages collaboration, and effortlessly partners with City leadership to provide sound advice and guidance in support of broader organizational alignment. The successful candidate proactively develops relationships and partnerships throughout the City, building a deep understanding of the financial needs of the organization in order to provide strategic and innovative solutions. The ideal candidate is an effective communicator, believes in transparent communication, and can clearly and effectively articulate the financial position and needs of the City to the City Council, city leadership, staff, and the broader community.

With strong financial acumen and an entrepreneurial approach to city government, the Finance Director is a strategic thinker with a successful track record of producing results-oriented outcomes. The ideal candidate identifies trends and problems hindering progress and develops and implements best practices to drive necessary change. The successful candidate develops performance measures and effectively utilizes data and analytics to inform decisions. With prior experience developing and administering modern, complex budgets and long-term financial strategies in support of financial sustainability, the successful candidate demonstrates an adaptive approach to leadership and change management.

The Finance Director works to support a more responsive, equitable, and strategically collaborative organization. Balancing and respecting a variety of views during the decision-making process while moving forward is essential. The successful candidate focuses on providing excellent customer service and being a business partner to the City Manager and the City’s departments in order to provide a high level of service to the community. The Director is known for providing sound financial advice while maintaining the flexibility to meet the evolving needs of the organization.

The Director is a highly effective leader who employs a leadership style that invites participation, builds trust, and empowers staff. The ideal candidate brings a proven background in mentoring and developing employees and proactively contributes to a positive team environment. The Director multi-tasks with ease, shifting gears quickly to prioritize and balance workloads and resource needs to meet desired outcomes. The successful candidate is an active listener who values honesty and integrity and believes in fostering respect at all levels.

Qualifications

At least seven (7) years of experience managing government financial operations, including three (3) years of supervisory experience, is required. Direct experience leading finance, accounting, and budget functions in a similar size agency is ideal. Strong presentation skills with the ability to explain complex financial data and concepts to non-financial audiences are essential. Expertise in process improvement and performance management is highly desired. Knowledge of collective bargaining and experience with labor modeling and planning is desired.

Knowledge of Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Principles for Public Sector financial management, including payroll, treasury, grant funds, and public debt management, is required. Knowledge of Government Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and Government Finance Officers Association (GFOA) standards is essential. A bachelor’s degree in Accounting, Finance, Business Administration, or a closely related field is required. Any combination of training and experience that would provide the required knowledge, skills, and abilities is qualifying.

Inside City Hall

The City of Bothell combines the strong managerial experience of an appointed manager with the strong political leadership of elected officials as a non-charter optional code city operating under the Council-Manager form of government. The seven members of the City Council are elected at large on a nonpartisan basis to four-year terms. The Council elects the Mayor and Deputy Mayor from within its ranks and contracts with a professional City Manager to carry out their established goals, policies, and directives.

City services are provided through eleven departments: Community Development, Executive, Finance, Fire, Human Resources, Information Services, Legal, Municipal Court, Parks and Recreation, Police, and Public Works. The City’s Water, Sewer, and Stormwater Utilities are managed through Public Works. Several of the larger departments also have functional divisions within their department. Bothell employs approximately 370 full-time employees and has a 2021-2022 budget of $294.1 Million that reflects the priorities of the City Council and Key City Initiatives.

2021-2022 City Council Goals and Priorities:

  • Pursue equity through inclusive community engagement
  • Focus on long-term financial stability
  • Maintain our existing infrastructure
  • Provide a safe and secure community
  • Support our community’s recovery from COVID-19
  • Strive for environmental sustainability

Finance Department

The Finance Department provides full-service finance and accounting services for the City that promote transparency and trust with customers and the community. With a budget of $3.2 Million and a staff of 9.5, the team takes pride in maintaining financial stability and demonstrating careful and thoughtful stewardship of the community’s resources. Bothell's commitment to outstanding achievement is recognized nationally. The Government Finance Officers Association (GFOA) has awarded its Certificate of Achievement for Excellence in Financial Reporting to the City of Bothell consecutively since 2001. 

The Department delivers responsive, quality customer service and provides accountability for all public funds, assets, policies, and systems. Direct services include Accounting, Reporting, and Audit Representation; Budget Administration and Fiscal Policy Development; Capital Facilities Planning Administration; Design and Maintenance of Internal Controls; Grant Management; Long Range Financial Planning; Payroll and Disbursements; and Treasury, Debt, and Investment Management.

The Community

The City of Bothell, Washington, is a thriving riverfront community going through exciting changes. The City is a community with heart, quiet charm, and urban amenities. Bothell offers a sense of community and place with quiet family neighborhoods, bustling urban centers, coffee houses and award-winning restaurants, beautiful parks, the famous paved Burke-Gilman/Sammamish River Trail, and so much more. Steeped in history but embracing the future, residents love living, working, and playing in Bothell.

Located on the shores of the Sammamish River, the downtown area is the hub of the City with popular parks, open green spaces, and multiple play areas for children. Visitors and residents enjoy pedestrian-friendly shopping on the beautiful new Main Street and the newly designed Boulevard and satisfy their appetites at friendly cafes, stylish restaurants, and craft brewpubs. Downtown events such as Fourth of July parades, holiday tree lightings, Main Street trick-or-treating, wine walks and beer festivals, and other family-friendly and community events bring people together.

The City of Bothell’s emphasis on rebuilding the historic downtown district and significant increases in residential units has investors and developers anxious to grow businesses. With the City’s location near the employment and economic centers of Seattle, Bellevue, Redmond, Kirkland, and Everett, Bothell is home to innovative technology companies and an attractive location for advanced biotechnology firms, wireless communications, medical device manufacturing, and medical research.

Aside from being a desirable place to live and work with excellent quality of life, Bothell also has a sought-after education system, including Northshore School District, one of the top school districts in the state. The City is home to the University of Washington Bothell, recently ranked number one in the state for value and quality by Money Magazine. Cascadia College shares its campus with the University of Washington Bothell and is the newest community college in the state. Cascadia has quickly built a national reputation for its high transfer rate and innovative approach to student-centered learning. Students and community members enjoy the "Bothell Crows" – when 15,000 crows descend on the campus nightly to roost. The event has become a big attraction for bird watchers, animal lovers, and just plain curious folks.

Quick Facts

  • Population: 48,920
  • Median Household Income: $114,068
  • Median Home Value: $666,640
  • Diversity: 32% of residents identify as people of color
  • Language: 24.3% of residents speak a language other than English

Compensation and Benefits

The salary range for the Finance Director is $146,924 - $186,798 and will depend on the qualifications of the successful candidate. The City provides an excellent benefits package. Please visit here to learn more.

How to Apply

We believe, to deliver the highest level of service to all Bothell community members, it is crucial we employ a diverse workforce, support an inclusive working environment, and ensure our policies and systems result in equitable outcomes. We are committed to maximizing the value of our employees and foster a culture of continuous improvement, wellness, and inclusion.

Applications will be accepted electronically by Raftelis. Applicants complete a brief online form and are prompted to provide a cover letter and resume. Open until filled with ongoing review of applications.

Questions

For more information or questions regarding the City of Bothell or the Finance Director position, please contact Heather Gantz at hgantz@raftelis.com and Robert Colichio at rcolichio@raftelis.com.

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