Director of Finance/City Treasurer

Job Summary

Director of Finance/City Treasurer
City of Vernon, California

Annual Salary: $219,467 - $266,764 DOE/DOQ

The City of Vernon is a dynamic full-service city of 5.2 square miles located about five miles to the southeast of downtown Los Angeles. Founded in 1905 as the first exclusively industrial city in the Southwestern United States, Vernon is home to 250 residents and has embarked on ambitious plans to increase its residential population and establish itself as an ideal place to live and work. The City currently houses more than 1,800 businesses that employ approximately 50,000 people, serving as a vital economic engine for the Southern California region.

The Director of Finance/City Treasurer serves as the City’s Chief Financial Officer and is responsible for performing complex management and technical duties. This includes responsibility for maintaining fiscal stability and safeguarding the assets of the City, providing financial advice to the City Administrator and City Council, and assuring that financial activities are in compliance with state and federal regulations, and City policies. The Director of Finance/City Treasurer provides leadership and direction over the activities of staff members of the Finance/Treasury Department and is considered a critical member of the Executive Team.

The City of Vernon is seeking a candidate who is well versed in all aspects of the field of municipal finance. The ideal candidate will have broad municipal or similar public agency experience in budgeting, accounting, municipal bonds, debt management, and other public agency financing initiatives. Candidates with experience working in municipal agencies that include public utility services and/or enterprise funds are of particular interest to the City. A transparent, collaborative, and experienced candidate is desired. Qualified candidates typically possess a Bachelor’s Degree in Accounting, Finance, or Business Administration along with seven (7) years of experience managing public sector financial operations. A Master’s Degree in Finance or Business Administration as well as a Certified Public Accountant (CPA) or Certified Government Finance Officer (CGFO) designation is desirable.
The annual salary range for the Director of Finance/City Treasurer position is $219,467 - $266,764. Placement within this range depends upon qualifications and experience.

See the full recruitment brochure here: https://www.bobmurrayassoc.com/search/upload/Vernon%20Director%20of%20Finance-City%20Treasurer.pdf

Supplemental Information

Salary and Benefits
The City of Vernon offers an annual salary of $219,467 - $266,764 DOE/DOQ and a comprehensive benefit package including vacation, holiday, and sick leave as well as medical, dental vision, life, and long-term disability insurance.

The City has a 4/10 work schedule and there is an option for participation in a Hybrid Work Program that provides both onsite and remote work opportunities.

The City also has morning City Council and Commission meetings.

HOW TO APPLY
Apply by Tuesday, January 21, 2025, at : https://www.bobmurrayassoc.com/search-summary?broc_id=6112

Please contact Bob Murray and Associates - Valerie Phillips, with any questions:

• Email to: apply@bobmurrayassoc.com , or
• (916) 784-9080

The City of Vernon offers a comprehensive benefit package including vacation, holiday, and sick leave as well as medical, dental vision, life, and long term disability insurance.

Retirement Benefit : Retirement benefits are provided by the California Public Employees' Retirement System (CalPERS):

Effective January 1, 2013, newly hired non-safety employees who are new CalPERS members, as defined by the Public Employees' Pension Reform Act of 2013 ("PEPRA"), will be enrolled in the CalPERS 2% at 62 benefit formula. New members will be required to pay 7% as their member contribution.

An employee who is a "classic" member of CalPERS, will be enrolled in the CalPERS 2.7% at 55 benefit formula. Classic employees urrently pay an 8% employee contribution and a 3% share of the employer contribution.

Cafeteria Benefits Plan : The City offers a monthly allowance towards the purchase of a HMO, PPO or HSA medical plan for the employee and their family members. Any remaining amount can be used towards the purchase of a HMO or PPO Dental planand Vision coverage for dependents. Vision coverage is included at no cost to the employee. Supplemental Insurance plans are available.

Holiday pay : The City has 13 authorized holidays per calendar year.

Vacation - Executive and Management Staff:
Continuous Years of Service Vacation Hours Earned Bi-Weekly Accrual
1st year thru 4th year 120hrs; 4.62 accrual rate
5th year thru 10th year 150hrs; 5.77 accrual rate
10th year thru 15th year 170hrs; 6.54 accrual rate
15th year thru 25th year 185hrs; 7.12 accrual rate
25th year and more 190hrs; 7.31 accrual rate
City offers vacation cash out.

Sick Leave : All full-time employees shall accrue up to 80 hours of sick leave per calendar year, at a rate of 3.08 hours per pay period.

Administrative Leave : Executive and Management receives 80 hours per calendar year. First year receives administrative leave on a pro-rated rate depending on hire date.

Tuition Reimbursement : $2,200.00 is available to those who satisfactorily complete job related college courses.

Hybrid Work Program: The City offers a hybrid work schedule for elgible positions. The City allows a combination/flexible work schedule upto 50% remote work.

Other Benefits : Most employees work a 4/10 schedule. In addition, the City offers paid parental leave, bereavement leave and jury duty.

Miscellaneous Benefits : The City provides an interest-free loan program for the purchase of a computer, corrective eye surgery and a hearing aide device.

The City of Vernon encourages you to log onto our website for the benefit details www.cityofvernon.org

Closing Date/Time: 1/21/2025 11:59 PM Pacific

• 

• City of Vernon

• 323-583-8811

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