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The town of Belmont is seeking a strategic and collaborative Chief Financial Officer to lead all aspects of municipal financial management and serve as a trusted advisor to the Town Administrator and senior leadership team. Belmont is a vibrant, AAA bond-rated community of approximately 27,000 residents, located just west of Boston, with an annual operating budget; including enterprise and water and sewer funds, exceeding $169 million. This is a new position reporting directly to the Town Administrator. The CFO will oversee all core financial functions, including Accounting, Treasury/Collections, Assessing, Revenue Collection, Investments, and Debt Service, and serves as an ex-officio member of the Warrant Committee.
Job Responsibility:
Serve as the town’s chief financial advisor, providing strategic guidance on financial condition, forecasting, and long-term sustainability
Lead development and oversight of operating and capital budgets in collaboration with Town leadership
Direct long-range financial planning, forecasting, and five-year financial modeling
Establish and enforce financial policies, procedures, and internal controls
Provide financial analysis and presentations to the Select Board, Warrant Committee, Permanent Audit Committee, and other boards as assigned
Requirements:
Bachelor’s degree in finance, accounting, or a related field
master’s degree preferred
Ten (10+) years of progressively responsible experience in financial management, with municipal experience strongly preferred
Five (5+) years of supervisory or executive-level leadership experience
CPA, CGA, or CGMA preferred
Massachusetts Certified Public Purchasing Official (MCPPO) certification required, or ability to obtain within 12 months
Strong knowledge of municipal finance, budgeting, and applicable laws