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Chief Financial Officer (Local Government) Role Summary The CFO is the senior executive responsible for managing the financial health of the local government. This role ensures public funds are used legally, transparently, and effectively to support community services and long-term sustainability. Key Responsibilities Budgeting & Forecasting Lead development of annual and multi-year budgets Monitor revenues, expenditures, and fund balances Financial Management Oversee accounting, payroll, purchasing, and treasury functions Ensure compliance with state laws, federal regulations, and local ordinances Reporting & Transparency Prepare financial statements and reports for elected officials and the public Present financial data to councils, boards, or commissions Audits & Compliance Coordinate annual external audits Maintain internal controls and risk management practices Debt & Capital Planning Manage bonds, loans, grants, and capital improvement financing Leadership Supervise finance department staff Advise the Administrator and elected officials on fiscal policy Typical Qualifications Bachelor’s degree in Finance, Accounting, Public Administration, or Economics Master’s degree (MPA, MBA, or similar) often preferred 7–10+ years of progressively responsible financial management experience Experience in governmental accounting (GASB standards) CPA, CGFO, or similar certification is a strong plus Key Skills Public-sector budgeting and accounting Strategic planning and policy analysis Clear communication with non-financial audiences Ethical judgment and commitment to public service