Summary
This position performs complex work in the coordination, development, and implementation of the City’s biennial budget, Capital Improvement Plan (CIP), and long-range financial forecast. Prepares revenue and expenditure projections, develops budget amendments, and provides analysis and recommendation on financial policies. Works closely with departments to monitor budget performance, ensure alignment with fiscal goals, and identify opportunities for operational or financial management improvement. Because of the small number of City employees, each staff member is expected to perform a wide range of office and field duties as may be required from time to time.
Essential Duties And Responsibilities
Budget Development and Coordination
- Leads and supports the coordination of the City’s biennial budget and Capital Improvement Plan (CIP), ensuring consistency with organizational goals and financial policies.
- Prepares key documents, including the budget document, quarterly reports and six-year CIP publications.
- Coordinates mid-biennial reviews, budget amendments, and the annual carryover process.
- Works collaboratively with departments to support budget proposal development, analyze budget submissions, and provide recommendations regarding cost allocations and funding strategies.
- Delivers training and technical assistance to departments on budget procedures, policies, and financial systems.
Budget Monitoring and Financial Reporting
- Monitors and analyzes departmental budgets and overall fiscal performance throughout the year.
- Tracks and forecasts major revenue sources, including property tax, sales tax, real estate excise tax, as well as fees for development and utilities among others.
- Identifies and advises on budget variances, revenue shortfalls, or funding issues; recommends corrective actions or alternative solutions.
- Prepares and distributes internal financial reports for departments and City Council, including monthly, quarterly, and annual summaries.
- Develops and maintains models for budget tracking, financial monitoring, and reporting: designs queries, spreadsheets and macros for data analysis.
Financial Analysis and Special Projects
- Conducts complex financial and policy analyses, including cost-of service studies, asset maintenance funding plans, and long-range financial forecasting.
- Develops and updates the City’s Service Level Budgeting (SLB) and financial sustainability models to support long-term planning and decision-making.
- Develops and updates the replacement planning and cost recovery models for City vehicles and equipment.
- Prepares and presents staff reports and recommendations to department heads, the City Manager, City Council and the public.
- Monitors and analyzes proposed state and local legislation affecting City finances.
- Participates in or leads cross-department teams and citywide projects, as assigned.
Other Responsibilities
- Responds to inquiries and prepares correspondence, financial reports, and presentations for internal and external stakeholders.
- Performs other duties as assigned that support the overall objective of the position and needs of the organization.
Qualifications
Knowledge of:
- Governmental accounting standards for financial accounting and reporting.
- Washington State Budgeting, Accounting, and Reporting System (BARS).
- Financial modeling tools and procedures for examining financial data and methods of forecasting revenues and expenditures.
- Budget development and administration and capital project funding strategies.
Skills And Abilities
- Proficient in MS Office Suite and ability to learn and effectively use specialized financial and reporting software, as well as online meeting platforms.
- Strong written and verbal communication skills, with attention to grammar, spelling and professional tone.
- Ability to prioritize and manage multiple tasks effectively in a fast-paced environment while maintaining accuracy and attention to detail.
- Customer service orientation with the ability to communicate professionally, maintain confidentiality, and represent the City in a positive and courteous manner.
- Strong analytical and research skills with the ability to interpret financial data, summarize findings, and develop sound recommendations.
- Ability to interpret and apply relevant laws, regulations, and policies.
- Reliable attendance and punctuality.
- Ability to work independently with limited direction.
Education And Experience
- The position typically requires bachelor’s degree in accounting, finance or business administration AND
- Three (3) years of experience in governmental financial analysis and budgeting.
- An equivalent combination of education, experience and/or training that demonstrates the required knowledge, skills, and abilities may be considered.
Licenses and Certificates
- May require a valid driver’s license.
Additional Information
- Work Environment – Work performed will primarily take place indoors in an office environment.
- Hours of Work –City Hall working hours are typically 8:30 a.m.-5:00 p.m. This position is eligible for a partial teleworking arrangement. This position requires you to be available for evening hours to attend or present in-person at City Council meetings as needed, or attend in-person, evening or weekend meetings when necessary.
OTHER ITEMS AND ADVANTAGES OF WORKING FOR THE CITY OF KENMORE
- This position is eligible for healthcare benefits, retirement plans, paid holidays, vacation, sick leave and more!
- The City does not participate in Social Security and participates in a 401(a) retirement plan in lieu of Social Security.
- Kenmore is located on the north shore of Lake Washington and has over seven miles of waterfront along the lake and the Sammamish River.
- Kenmore is a first-ring suburb of Seattle and is equi-distant to downtown Seattle, downtown Bellevue, Microsoft headquarters in Redmond, and Boeing and Paine Field in Everett.
- City Hall is in the heart of Kenmore’s downtown and is within walking distance of many local businesses, restaurants and parks!
This job/class description describes the general nature of the work performed, representative duties as well as the typical qualifications needed for acceptable performance. It is not intended to be a complete list of all responsibilities, duties, work steps, and skills required of the job.
We value diversity, inclusion, and belonging in our workplace and workforce. Our efforts are guided by an adopted Diversity, Equity, Inclusion, and Accessibility Policy. No person is unlawfully excluded from employment opportunities based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status, or other protected class.
