The Position
The Chief Financial Officer (CFO) provides visionary financial leadership for the City, shaping strategic direction and ensuring long-term fiscal sustainability across all municipal operations. Serving as a trusted advisor to the City Manager and executive leadership team, this role guides major financial decisions while advancing the City’s financial health, long-term stability, and strategic priorities. The CFO leads the planning, coordination, and execution of all financial operations, including budget, treasury and investment management, accounting, payroll, financial forecasting and reporting, and debt issuance. The CFO provides oversight across a diverse portfolio of services that also includes utility billing, procurement services, including the City’s supplier diversity program, and the municipal court. Reporting to the City Manager, the CFO ensures these functions operate with efficiency, transparency, and in alignment with the City’s strategic plan and Council goals.
This position is responsible for guiding the strategic direction of the Finance Department and implementing policies and systems that support high-performing, customer-oriented operations. The CFO develops and administers complex financial models to support decision-making in areas like forecasting, labor negotiations, benefit cost management, and major capital investments. In addition to managing Citywide and departmental budgets, the CFO also oversees compliance with federal, state, and local financial regulations, ensures data-informed reporting, and cultivates a culture of accountability and continuous improvement. Collaborating with elected officials, City leadership, and department directors, the CFO brings a broad and integrated view to municipal finance and plays a critical role in shaping the City's fiscal future. With Hillsboro being one of the major economic drivers for the state, it is also critical for the CFO to interact with private industry, Washington County, and the state in evaluating the financial health of the City now and into the future.
The CFO is excited by the opportunity to provide strategic financial leadership across the City organization, acting as a trusted partner in shaping and executing the City’s financial strategy in collaboration with the City Manager and City leadership. With a forward-looking approach to financial management and local government, the CFO is committed to long-term financial sustainability and operational excellence.
Adaptability, insight, and a strong connection to both City operations and community needs are essential. Dedicated to public service and grounded in financial best practices, the CFO leverages a diverse background to bring added value and fresh perspectives while remaining adaptable to the City’s evolving needs. The CFO is an effective communicator and active listener who integrates diverse perspectives to deliver solutions that achieve meaningful results. They simplify complex financial information to foster understanding across varied audiences and clearly articulate the City’s financial position. As a strategic thinker and innovative partner, the CFO approaches complex challenges with objectivity, offering sound financial guidance while maintaining a service-oriented mindset grounded in curiosity and creativity.
Qualifications
At least 10 years of related experience in municipal finance, including three years of leadership experience is required. Direct experience building and maintaining a high-functioning team is essential. Knowledge of public sector unions and implications of pay practices, public pensions, and funding implications, and grant administration is ideal. Prior experience in issuing municipal debt and providing financial guidance regarding local option levies is preferred. Knowledge of, or the ability to quickly learn, Oregon budget and property tax law are essential. Knowledge of Municipal Court operations is beneficial.
A bachelor’s degree in finance, accounting, or a closely related field is required. A Certified Public Accountant (CPA) or Certified Public Finance Officer (CPFO) is preferred. An equivalent combination of experience and education that enables success as the CFO will be considered.
Compensation and Benefits
The salary range for the CFO is $163,831 – $215,590 and will depend on the qualifications of the successful candidate. The City of Hillsboro offers a comprehensive and competitive total compensation package, including high-quality benefits, and prioritizes employee well-being. For a complete breakdown of the City’s extensive Benefits Package, please review the Employee Benefits Guide.
How to Apply
Applications will be accepted electronically by Raftelis at jobs.crelate.com. Applicants complete a brief online form and are prompted to provide a cover letter and resume. The position will remain open until filled, with the first review of applications on September 8, 2025.
