Deputy Director of Finance

Requisition ID: 48507 Work Location: Finance - Municipal Center Pay Range: A.22, $102,385.19 - $158,697.04 Starting Salary: Depending upon Qualifications Work Schedule: Monday - Friday, 8:00 am to 5:00 pm / with a 2 Day Hybrid work schedule Part Time Hours/Wk: Job Open Date: 2/25/26 Application Deadline: 3/18/26Job Duties: The Department of Finance delivers comprehensive financial and business services, and protects the City resources in a high-quality, cost-effective and innovative environment. Our bond ratings are rated Triple-A by three major credit rating agencies and in our continued pursuit of excellence, we are seeking an accomplished and strategic Deputy Director of Finance to join our leadership team. This is a highly visible role that requires candor, confidence, and diplomacy. This position will: Work in conjunction with the Director of Finance to lead and manage the financial operations of the City; develop long and short-term strategic financial plans, goals, and objectives. Assist in overseeing and analyzing the City's fiscal operations, ensuring compliance with federal, state, and city regulations, including Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) pronouncements, IRS requirements, and other applicable financial and reporting standards. Prepare comprehensive financial reports for senior management, elected officials, and other stakeholders. Identify, assess, and mitigate financial risks across the organization; develop and implement strategies to reduce exposure while ensuring fiscal stability and alignment with city polices. Develop, review and update financial policies and procedures in consultation with elected or appointed officials, senior management, department heads, and department staff to promote accurate and efficient financial operations. Ensure policies are efficiently communicated throughout the organization, monitor compliance at all levels, and assess processes to identify and address deficiencies. Research financial market trends, financial systems and legal trends, prepare detailed reports to provide recommendations and comments to the department director, City Council, and other city agencies. Assist with administrative functions for the Finance Department including recruitment, training, discipline, and the evaluation of staff. Oversee and maintain documents for information requested through the Freedom of Information Act. Assist with the preparation of the Department's Emergency Management and COOP plans. Prepare various resolutions and ordinances on financial matters for City Council agenda for resolution. Plan, direct, coordinate, and review the work plan for finance staff; assign work activities, projects, and programs; review and evaluate work products, methods, and procedures; meet with staff to identify and resolve problems. Participate in the preparation and administration of the department's budget; assist in budget implementation; monitor the department's annual budget and provide detailed analysis and forecast to support decision making. Maintain the Chart of Accounts in compliance with the standards issued by the Governmental Accounting Standard Board. Oversee the annual external audit process and direct the preparation and issuance of the City's Annual Comprehensive Financial Report. Ensure compliance with financial regulations, standards, and internal controls. Represent the City in various meetings and functions; Serve as staff on a variety of boards, commissions, and committees; prepare and present staff reports and other necessary correspondence. Review the bond documents, which include official statements, presentations to rating agencies, closing papers and certificates, and debt service requirements to provide the necessary financial information for a successful sale. Perform additional job duties requiring comparable or lesser skills, knowledge and physical capabilities as needed. Specific assignments will be determined by the Director of Finance based on current workload demands and departmental priorities. The City offers a generous benefits package, which includes health, dental and life insurance, retirement and savings plans, maternity/paternity and parental leave, holidays sick and paid leave. Official City Job Description: Working Conditions: Minimum Requirements: MINIMUMS: A Bachelors degree in finance, business, accounting, or similar program and eight (8) years of experience OR any combination of education and experience equivalent to twelve (12) years utilizing the required knowledge, skills, and abilities, and associated with management and/or leadership in finance and/or administration. SPECIAL REQUIREMENTS: All employees may be expected to work hours in excess of their normally scheduled hours in response to short-term department needs and/or City-wide emergencies. Additional Requirements: DMV Transcript: Not Required CDL: Not Required DOT History: Not Required CPS Check: Not Required Physical: Not Required Respirator: Not Required Polygraph Review: Not Required Psychological Screening: Not Required Attachments Required: Resume Preferences: Master's degree in Public Administration, Finance, Accounting, or related area Extensive experience applying the principles, and practices of municipal finance administration. Working knowledge of municipal debt management and accounting Demonstrated experience in State or Local government accounting Certified Public Accountant or Certified Government Finance Officer Experience in public sector financial management and operations. Experience preparing and overseeing the Annual Comprehensive Financial Report (ACFR). Experience with preparation and update of all bond sales official statement Experience coordinating and working effectively with external auditors. Special Instructions:Please complete the application in its entirety and include your resume if required by the posting. Your responses to any "Supplemental Questions", if attached to this requisition, must be supported by the information you provide on your application and/or resume; or otherwise demonstrated during the hiring process. You will not be able to access the details of this job ad once the closing date has passed. If you would like to retain this information, please take a screen shot or print using your browser's printing capability. VRS Contribution: All full-time employees are required to contribute 5% of annual salary toward their retirement account; in accordance with VRS retirement provisions. This will be handled through a pre-tax payroll deduction. Drug Free Workplace: The City of Virginia Beach maintains a drug free workplace.

Created: 2026-03-10