Director of Finance
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Director of Finance
Salary
$151,635.00 - $216,623.00 Annually
Location
Rochester MN 55906, MN
Job Type
Regular FT
Job Number
20260014
Department
Rochester Public Utilities
Opening Date
01/28/2026
Description
Benefits
Questions
POSITION DESCRIPTION
The City of Rochester welcomes applications for:
Director of Finance
Rochester Public Utilities
The City of Rochester is committed to a community where all members feel a sense of belonging. We commit to recognizing the diversity of our community members, listening to ALL voices and providing equitable services to create an inclusive place to live, play and work.
We believe EQUITY should be at the center of all our work. We strive to represent our community in our teammates, as we know that diverse and inclusive teams are more innovative, and have an empowering impact on the work, progress and culture of our community.
It takes us all working together
Nature of Work
The Director of Finance provides executive level strategy, direction, and leadership to the division and within RPU overall. This individual is responsible for the planning, development and implementation in finance, accounting, procurement/contract administration, insurance, materials management, process improvement, training and development at the utility. Additional responsibilities include the development and adherence to financial, accounting, procurement controls and standards and oversight of the external financing requirements of the utility. This position reports to the Assistant General Manager - Administration and requires the use of considerable independent judgement, discretion, and initiative in carrying out responsibilities.
Salary
The hiring pay range is $151,635 to $178,394, with advancement to $216,623 based on years of successful performance in the role.
To have your application considered for the first round of interviews, please apply by Thursday, February 12, 2026, at 11:59 PM CST.
Applications will be accepted until the position is filled.
The City of Rochester will not sponsor or transfer visas for this position including F1 OPT STEM.
DUTIES AND RESPONSIBILITIES
*Strategic Leadership and Direction
Provide executive level strategic direction, guidance and coordination to the Utility as a member of the leadership team to fulfill the utility's strategic plans and objectives.
Participate in the organizational strategic planning process including development and implementation of short-term and long-term goals along with communication of the plan.
Provide strategic direction and guidance in assessing organizational performance against both the budget and RPU's long-term strategic goals.
Develop tools and systems to provide critical financial and operational information to the RPU leadership and make actionable recommendations on both strategy and operations.
Assist in establishing objectives and meeting agendas, selecting and engaging outside consultants (including but not limited to auditors, financial advisors and bond counsel).
Oversee long-term budgetary planning, debt management, fiscal management the process for establishing rates and cost management in alignment with RPU's strategic plan.
*Division Management
Provide executive-level direction, guidance and coordination to the functional areas of finance, accounting, procurement, materials management, HR support, training, development, process improvement and recognition programs, .
Develop and implement budgets, establish policies and internal processes for the successful operation of the division.
*Financial and Regulatory Reporting
Provide executive-level oversight on all accounts, ledgers, and reporting systems ensuring compliance with appropriate Generally Accepted Accounting Principles (GAAP) standards, regulatory (FERC/AWWA) requirements, City Charter and Board policies.
Maintain internal control and safeguards for recognition of revenue, expenses, program expenditures, inventory and assets. .
Oversee all audit activity, which consists of both a financial audit and regulatory Federal Energy Regulatory Commission audit.
Consistently analyze financial data and presents financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep abreast of RPU's financial status.
Engage the executive team and Board around fiscal issues, policies, industry changes and trends in financial operations and delivery.
Budget Process and Rate Setting
Provide executive-level oversight for budgeting which includes the annual budget and long-term planning processes.
Provide timely and accurate monthly budget to actual reporting and analysis to support business decisions.
Present and make recommendations on the annual budget and corresponding rate adjustments to the Board and City Council in compliance with State Statutes, City Charter and Board policies.
*Debt Issuance and Management
Provide direction and administer the debt management function for the utility to include oversight of debt planning, debt issuance or refunding, preparation of the official statements and working with underwriters, bond counsel, bond rating agencies and financial advisors.
Make recommendations to the Board to support prudent fiscal management.
*Exercise a leadership style that fosters teamwork, promotes team initiative, and provides professional growth opportunities for Department employees.
Foster a collaborative leadership style that encourages teamwork, promotes staff initiative, and provides professional growth opportunities for all departmental employees.
Develop and implement effective employee coaching and performance management strategies to ensure the achievement of organizational priorities and to create an environment that encourages innovation, teamwork, employee engagement, fiscal responsibility, and high-quality work.
Create expectations and outcomes for employees to work collaboratively with other City department staff, public agencies, customers, and the community.
Oversee the recruitment, hiring, and orientation processes for new employees and ensure strategies are implemented to obtain and maintain a diverse workforce.
Partner with the Human Resources professionals to resolve employment/labor relations issues and participate in collective bargaining agreement negotiations when requested.
Encourage and inspire employees to do their best work while demonstrating positive leadership, positive communication, and a commitment to our Foundational Principles.
Other duties as assigned or necessary.
ESSENTIAL FUNCTIONS
MINIMUM QUALIFICATIONS
Education and Experience
A bachelor's degree in finance, accounting or a closely related field from an accredited four-year college or university and 10 years of progressively responsible full-time employment experience in a finance/accounting position with at least three years of supervisory/leadership experience directing professional and support staff.
OR
An equivalent combination of education and experience to successfully perform the essential duties of the job.
Licenses & Certifications
Applicant must be bondable, and possess a valid driver's license.
DESIRABLE QUALIFICATIONS
Certifications
Certified Public Accountant (CPA), Certified Public Finance Officer (CPFO), Certified Internal Auditor (CIA) or Certified Management Accountant (CMA).
Education
Masters in business administration (MBA) or related degree
Experience
Experience with governmental and project accounting, business process improvement, and financial and cost analyses. Familiar with utility operations, regulatory requirements, rate development and current utility issues.
ADDITIONAL INFORMATION
PHYSICAL AND ENVIRONMENTAL CRITERIA
In compliance with the Americans with Disabilities Act, the following represents the physical and environmental demands for this position. The employee must be able to perform the essential functions with or without accommodation.
In consideration of the overall amount of physical effort required to perform this position, the work is best described as Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Physical demands that may be required continuously (2/3 or more of the time), frequently (1/3 to 2/3 of the time), and occasionally (up to 1/3 of the time) are noted below:
Continuous demands: sitting; fine dexterity
Frequent demands: standing; walking
Occasional demands: reaching; handling; bending, lifting
Sensory requirements necessary in the performance of the essential functions of this position include sight and hearing.
Environmental conditions that may exist in the performance of the essential functions of this job include NONE (not substantially exposed to environmental conditions).
EMPLOYEE BENEFIT AND RETIREMENT SUMMARY (https://www.rochestermn.gov/home/showdocument?id=36383&t=639016693769663666)
01
The following supplemental information may be used as a scored evaluation of your knowledge, skills and experience. Be certain that the choices you make correspond to the information you have provided in your application and resume. You must be honest and accurate in answering the supplemental questions and do not @type "see resume". You may also be asked to demonstrate your knowledge and skills in a work sample or during an interview for this position. By completing this supplemental questionnaire you are attesting that the information you have provided is true and accurate. Any information provided may be reviewed by the hiring manager. Any misstatements or falsification of information will eliminate you from consideration or may result in dismissal. Do you understand and agree with this statement?
Yes
No
02
What is your preferred name?
03
Will you now, or in the future, require sponsorship for employment visa status (e.g., H-1B visa status
Yes
No
04
Which of the following best describes your level of education?
High school diploma or equivalent G.E.D.
Less than 2 years post-secondary training
Completion of a 2 year program or degree
Completion of a 4 year program or degree
Completion of a Master's degree or higher
None of the above
05
Other than your High School diploma/GED, which of the following best describes the field of study for your degree?
Finance
Accounting
Economics
Business Administration
Public Administration
A field of study closely related to the above
My degree is in an area NOT RELATED to any of the above
N/A - I do not have a degree
06
Which of the following best describes your years of full-time equivalent employment experience performing higher level work in finance or accounting:
No experience
Less 5 years
More than 5 years, but less than 10
More than 10 years, but less than 15
More than 15 years, but less than 20
20 or more years
07
Which of the following best describes your years of full-time equivalent employment experience overseeing and directing the activities performed by other staff:
Less than 3 years
More than 3 years, but less than 5
More than 5 years, but less than 7
More than 7 years, but less than 10
10 or more years
N/A - I have no employment experience supervising directing or overseeing other staff
08
Tell us how your professional, educational, and lived experiences would help you be successful in this role.
09
Which of the following best describes the number of staff that you oversee or direct:
1 to 3 staff
4 to 8 staff
9 to 15 staff
More than 15 staff
N/A - I do not direct, oversee or provide direction to any staff
10
Which of the following best describes the total amount of the operating budgets that you have been directly responsible for administrating:
No experience
Less that $250,000
More than $250,000, but less than $500,000
More than $500,000, but less than $750,000
More than $750,000, but less than $1,000,000
More than $1,000,000
11
Which of the following best describes the size of the organization, in terms of total annual revenue where you obtained a majority of your years of fulltime accounting and/or finance experience?
Less than $1,000,000
More than $1,000,000, but less than $5,000,000
More than $5,000,000, but less than $25,000,000
More than $25,000,000, but less than $50,000,000
More than $50,000,000, but less than $100,000,000
More than $100,000,000
N/A - None of the above
12
Which of the following accounting-related certifications/designations do you currently possess? (Select all that apply)
Certified Public Accountant (CPA)
Certified Management Accountant (CMA)
Certified Financial Manager (CFM)
Certified Fraud Examiner (CFE)
Certified Internal Auditor (CIA)
Enrolled Agent (EA)
Certified Government Financial Manager (CGFM)
Certified Public Finance Officer (CPFO)
N/A - I do not possess any accounting-related certifications/designations
13
Does your professional accounting-related employment experience include working with any of the following? (Select all that apply)
Inventories
Budgets
Purchase Orders
Sales and Use Tax calculations
Capital Assets
Job Cost Accounting
N/A - None of the above
14
CONDITIONS OF EMPLOYMENT: If selected as a finalist, are you willing to undergo a background investigation which may include, but not limited to: verification of employment and educational records, identification verification, driver's license record and a criminal history?
Yes
No
Required Question
Employer
City of Rochester
Address
201 4th Street SE Rochester, Minnesota, 55904
Phone
(507) 328-2555
Website
https://www.rochestermn.gov/employment
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