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Finance Director

The Position

The Director of Finance, who also serves as the City Treasurer, reports directly to the City Manager and supervises a department of 14 staff, which includes property tax billing and collection, investment management, budgeting, accounting, financial reporting, grant monitoring, payroll auditing , A/P, and purchasing. The Director oversees the development of CAFR and other financial reporting as well as serving on the labor negotiation team. The Director is an integral part of the budget team and responsible for large sections of the budget and multi-year financial plan. The Finance Director will have the opportunity to develop new staff and build his/her team with a fresh start.  Several key staff have recently retired or received senior management positions in other jurisdictions. The City prides itself in clean audit opinions, fiscal accountability and transparency, and having earned multiple Distinguished Budget Presentation Awards and Certificates of Excellence for Financial Reporting from the Government Finance Officers Association (GFOA).

Requirements

Minimum requirements are a Bachelor’s Degree plus five years local government finance experience, with at least three in an administrative/supervisory position. A Master’s Degree, CPA, and experience with investments, multi-year budgeting, and earning GFOA awards for budgeting and financial reporting are preferred qualifications.

The Ideal Candidate

Novi’s ideal candidate will be honest and forthright, transparent in his/her actions, and will model accountability in the workplace. The Director of Finance will have exceptional leadership, management, and problem-solving skills in addition to being a highly competent finance professional. The candidate will not only be bright and have strong analytical skills but also have a high level of emotional intelligence and work effectively with leadership team members. The ideal candidate will be approachable, open to new ideas, and willing to partner with other entities to provide the most effective and efficient services to Novi residents. The candidate will see his/her role as working alongside his/her staff, the City Manager, and department directors to find new solutions and to look strategically at the City’s long-term economic future (e.g., utility rates, user fees, investments, employee post-retirement benefits, etc.). The ideal candidate has worked in local governments that have received accolades for award-winning budgets and CAFRs, and is committed to lifelong learning, successful deployment of technologies, leading and working with a lean team to achieve positive results, and has helped develop and empower his/her staff to higher performance. The ideal candidate will be energetic, creative, and able to translate complex financial information to a variety of audiences. The ideal candidate also will have a strong work ethic, a proven track record of prudent financial management, and be a leader in retaining Novi’s strong fiscal health as the community grows and develops.

Community

Novi, Michigan is conveniently located in southeastern Michigan, 25 minutes from both downtown Detroit to the east and the University of Michigan in Ann Arbor to the southwest and 55 minutes from Michigan State University in East Lansing to the west. The City comprises 31 square miles in Oakland County. Novi is an outstanding blend of highly visible land development opportunities in both high-tech and industrial areas. Novi is well connected to highway, rail, and air transportation routes which offer excellent accessibility.

Incorporated in 1969, Novi has emerged as a truly exciting town with a growing national and international reputation for innovation and quality. Its neighborhoods are safe, welcoming places where friends and families have created networks of caring and engaged residents. With a population of 7,000 in 1969, the City grew to 18,000 by 1980; 33,000 in 1990, 48,000 in 2000. The City grew 16.5% from 2000 to 2010 to 55,224 and again +8% to current 59,248 (2013 est). Build-out population is expected to be 75,000.

Recently, Novi was honored by Money Magazine as #48 in the Top 100 Best Places to Live and by Family Circle Magazine for being one of the top 10 cities to raise a  family in the United States. More than 50% of Novi’s housing is single family—much of it new. There are many quality neighborhoods with a full array of style, age, and affordability options. The Novi Community School District was also nationally recognized as a Gold Medal District by Expansion Management Magazine. Education is a valued asset in Novi, making the community a choice place to live because it offers high quality education opportunities through several public and private educational institutions.

Recently, the new $15 million, 56,000 square foot Novi Public Library opened its doors to the community. The state-of-the-art facility is located on the Civic Center campus, adjacent to the new Fuerst Park, complete with walking trails and an outdoor amphitheater. Novi’s economy is diverse and its tax rate is reasonable, to the point where the City Council was able to reduce the total City millage rate for the first time in 12 years to 10.2 total mills for the city. The reduction in property tax rate was done without diminution of services to the public.

Novi currently has 247 full-time positions and its FY 2013-2014 adopted General Fund Budget was $30.4 million, all General Government funds $53.5 million, and an investment portfolio of over $142 million. Outstanding debt carries a AA+ and Aa2 credit rating for S& P and Moody’s respectively. Debt is modest at $42.3 million outstanding. The city has an adopted debt policy.

When polled by the National Research Center in the fall of 2012, 92% of survey respondents rated Novi’s quality of life as “Excellent” or “Good;” none rated it “Poor.” Novi residents also rated their community much above the national average in overall appearance, quality of new development, public safety, shopping opportunities, access to affordable quality healthcare, education, as a place to raise a family, as a place to retire, and openness and acceptance of people of diverse backgrounds.

 

Compensation

The hiring salary range is $100,000-$110,000 DOQ with an excellent benefit package.

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How to Apply

Applications will be accepted electronically by The Novak Consulting Group. Complete online form and submit cover letter, resume, five-year salary history, and list of five professional references. Click the button to get started. Open until filled, apply immediately.

Questions

Questions should be directed to Catherine Tuck Parrish at apply@thenovakconsultinggroup.com or by telephone to (240) 832-1778. Substantial additional information about the City of Novi government and community is available at cityofnovi.org

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