Salary : $141,796.72 - $226,874.96 Annually
Location : City of Roanoke - 215 Church Ave SW, Roanoke, VA
Job Type: Full-Time
Job Number: 03375
Department: Department of Finance
Division: Director of Finance
Opening Date: 06/18/2026
Closing Date: Continuous

Description
Chief Financial Officer

The CFO is responsible for leading financial planning, accounting, debt administration, procurement, financial reporting, internal controls, and strategic financial policy development. This position plays a critical role in aligning financial resources with the City's goals and supporting informed decision-making by City leadership and elected officials.

The Position

Reporting directly to the City Manager or an Assistant City Manager, the Chief Financial Officer provides executive leadership for the City's Finance Department and serves as a trusted advisor to the City Manager, City Council, department directors, and external stakeholders.

The CFO oversees all financial operations and leads a team of finance professionals responsible for accounting and financial reporting, payroll, procurement, debt management, risk management, and financial systems administration.

This is an exempt position.
Examples of Duties
Key responsibilities include:

• Directing the City's comprehensive financial management program.
• Leading the preparation and administration of annual capital budgets.
• Developing long-range financial forecasts and strategic financial plans.
• Advising on fiscal policy, capital investment strategies, and resource allocation.
• Overseeing accounting, financial reporting, and compliance with applicable laws and regulations.
• Managing debt issuance, bond financing, investment activities, and cash management.
• Evaluating financial risks and implementing effective internal controls.
• Presenting financial information and recommendations to City Council, executive leadership, rating agencies, auditors, and community stakeholders.
• Supporting organizational performance through data-driven financial analysis and decision-making.
• Recruiting, developing, and mentoring finance staff while fostering a culture of accountability and continuous improvement.

Typical Qualifications
Ideal Candidate

The successful candidate will be a strategic and forward-thinking financial executive with a demonstrated record of leadership in complex governmental or public-sector organizations.

The ideal candidate will possess:

• Extensive experience in municipal finance, budgeting, accounting, treasury management, and financial planning.
• Strong knowledge of local government finance, public-sector accounting standards, debt management, and capital financing.
• Experience presenting complex financial information to elected officials, executive leadership, and community stakeholders.
• Exceptional analytical, communication, and relationship-building skills.
• A collaborative leadership style with a commitment to transparency, innovation, and service excellence.
• Experience leading organizational change, process improvement, and financial modernization initiatives.
• The ability to balance strategic vision with operational execution.

Minimum Qualifications

• Bachelor's degree in finance, accounting, public administration, business administration, economics, or a closely related field.
• Master's degree in finance, public administration, business administration, accounting, or a related field is preferred.
• Ten or more years of progressively responsible financial management experience, including significant leadership and supervisory responsibilities.
• Experience in local government finance is strongly preferred.

Preferred Certifications

• Certified Public Accountant (CPA), Certified Government Financial Manager (CGFM), Chartered Financial Analyst (CFA), or other relevant professional certification preferred.

Leadership Competencies

The successful candidate will demonstrate:

• Strategic and systems thinking
• Financial stewardship and accountability
• Ethical leadership and integrity
• Political and organizational acumen
• Effective communication and public presentation skills
• Team development and talent management
• Collaboration and partnership building
• Innovation and continuous improvement

The City of Roanoke seeks a CFO who is committed to public service and who can provide the financial leadership necessary to support a growing, vibrant, and resilient community.

Supplemental Information

LANGUAGE SKILLS
Ability to read, analyze, and interpret complex documents. Ability to respond effectively to sensitive inquiries or complaints orally and in writing. Ability to make effective and persuasive presentations on controversial or complex topics to city council, management, public groups, and/or boards of directors. Ability to negotiate and resolve conflicts. Ability to organize, direct and coordinate a complete range of administrative activities obtaining maximum efficiency.

REASONING ABILITY
Ability to apply principles of logical or scientific thinking to a wide range of problems. Ability to deal with complex problems or issues. Ability to interpret an extensive variety of technical information and deal with several abstract and concrete variables. Ability to formulate a vision and develop practical courses of action to accomplish goals. Ability to identify key stakeholders and create teams to solve complex issues. Ability to think strategically.

CERTIFICATES, LICENSES, REGISTRATIONS
Must possess a valid appropriate driver's permit issued by the Commonwealth of Virginia.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee must frequently lift and/or move up to 10 pounds. Specific vision abilities required by this job include ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.

This is a job description and not an individualized position description. A job description defines the general character and scope of duties and responsibilities of all positions in a job classification, but it is not intended to describe and does not necessarily list the essential job functions for a given position in a classification.
Overview of Benefits for Full-Time Employees:

Paid leave is time off from work available for use by an employee upon approval by supervisor. The first 24 consecutive leave hours for any illness must be charged to paid leave with additional time charged to extended illness leave. Paid leave for employees of the city shall accrue as follows:

Years of Service Hours Per Month Fire 24-hr shift Employees
0 - 4 12 19.75
5 - 9 14 22.75
10- 14 16 25.50
15 - 19 17 26.75
20 - 24 18 28.75
25 + 20 32

Extended Illness Leave: shall accrue at the rate of six (6) hours per month. Fire suppression employees shall accrue extended illness leave at nine (9) hours per month.
Funeral Leave: for family, up to three consecutive days.
Military Leave: Twenty-one work days per Federal fiscal year.
Holidays: The City provides 96 hours of annual paid holiday time.

Mental Health & Well-Being Leave: Employees receive 24 hours (Fire Suppression receives 34 hours) of Mental Health & Well-Being Leave upon hire. Certification of mental health diagnosis is not required and leave will not be paid out upon separation.

Shared Leave Bank (effective 1/1/2023): Voluntary membership for full-time Employees who will be out for an extended period of time and has exhausted all other forms of leave. Members are required to provide 8 hours of their Extended Illness per fiscal year and at least 8 hours per assessment. Assessments will be limimted to 4 times per fiscal year (max of 40 hours per fiscal year).

Health Insurance: Four coverage types are available: Employee only, Employee + 1 Child, Employee + Spouse and Family. Coverage is available through payroll deduction.

Additionally, the city offers the following three Aetna Health Plan Options:

PPO 750 - Provides 100% coverage for preventive care; lower deductible and out-of-pocket maximums than other medical plans; and has higher employee premiums. This is comparable to the current insurance program.
PPO/HRA 1500 - Provides 100% coverage for preventive care; has higher deductible and out-of-pocket maximum than the PPO 300 plan; has lower employee premiums than the PPO 300 plan; and the employer makes contributions to an account through a Health Reimbursement Arrangement (HRA). The City of Roanoke contributes $500 for employee only coverage and $1,000 for all other tiers. Contributions are pro-rated dependent upon enrollment date.
PPO/HDHP-HSA - Provides 100% coverage for preventive care; has higher deductible and out-of-pocket maximum than other medical plans; has lower employee premiums; and both the employer and the employee make contributions to a Health Savings Account (HSA) to pay for medical expenses which apply to the deductible. The City of Roanoke contributes towards the Health Savings Account (HSA), $1,600 for employee only coverage and $3,100 for all other tiers. Contributions are pro-rated dependent upon enrollment date.

Optum RX (Pharmaceutical Benefits Manager) - Manages pharmacy benefits, processes employee pharmacy claims and answers employee pharmacy benefit questions.

Aetna Health Plan 2026 Monthly Rates
PPO 750
Employee Only: $81.94
Employee + Child: $306.26
Employee + Spouse: $718.38
Family: $785.44

PPO/HRA 1500
Employee Only: $53.06
Employee + Child: $260.06
Employee + Spouse: $660.64
Family: $669.94

PPO/HDHP-HSA
Employee Only: $25.10
Employee + Child: $195.72
Employee + Spouse $547.88
Family: $550.56

Dental Insurance: Four coverage types are available: Family, Employee and Spouse, Employee and Child, and Employee only. Coverage is available through payroll deduction.

Delta Dental 2026 Monthly Rates
Employee: $2.80
Employee/Child: $18.88
Employee/Spouse: $18.88
Family: $49.36

Life Insurance: Paid by the City at no cost to employees. Coverage is equal to the annual salary rounded to the next highest thousand and then doubled. For an accidental death, the coverage would be twice this amount.

Optional Life Insurance: Paid by the employee. Various amounts of coverage, including family members, available through payroll deduction.

Long Term Disability Insurance: Designed to provide a monthly benefit to assist employees with bills and maintaining a standard of living when disabled as a result of a covered sickness or injury. Coverage is available through payroll deduction. Annual cost is your annual salary multiplied by .00255. Th