Finance Manager

City of Los Altos
 Los Altos, CA

City of Los AltosInvites you to apply for the position of:

Finance Manager

$156,693.29 – $190,461.67


Are you an experienced finance manager interested in tackling complex budget challenges with a small staff of hard-working finance professionals? Are you ready for a busy schedule filled with lots of opportunities to grow in this role?

The City of Los Altos is looking for a team leader ready to join the Finance Department and assist the Finance Director with leading one of the City’s most important departments. You will be on the front lines of budget preparation, analysis, and audits while managing the day-to-day operations of a small staff, which will mean that there may be new and unique tasks every day.

The City will offer flexible hours and a flexible work schedule, including 9/80s, 4/10s, and telework options, to individuals ready for this unique challenge.


As the Financial Services Manager you will perform a variety of professional accounting and/or auditing duties related to the preparation, maintenance, verification, and reconciliation of accounting and financial records. This position performs and participates in the maintenance, analysis, development and implementation of accounting, procurement, payroll, auditing and related financial procedures and systems and may provide direction and training to technical and clerical accounting staff as part of a collaborative team.


The Finance Department is the backbone of the city. The department provides fiscal information to all City departments and manages the development and analysis of the budget. It also prepares year-end financial statements, annual audits, accounts payable, revenue collection and other day-to-day financial transactions. The Department also oversees the investment of City funds and provides the strategic planning necessary to preserve the City's superior credit rating and safeguard City assets.


Here are some typical functions as the Financial Services Manager you will be responsible for:

  1. Plans, manages, and oversees the daily functions, operations, and activities of the Finance Division; areas of responsibility include general accounting, financial reporting, budget development and business licensing.
  2. Directs the preparation of, and participates in developing fiscal reports including monthly, quarterly and annual reports as well the City’s Comprehensive Annual Financial Report (CAFR) and Popular Annual Financial Report (PAFR) ensuring adherence to mandated rules, regulations and professional standards.
  3. Directs and participates in the development of the City-wide budget; works with departments to provide data and support for their budget development; monitors departmental budget performance and makes recommendations for adjustments as needed; and conducts on-going analysis of the City’s financial condition, reporting to, and advising, executive management on fiscal matters.
  4. Participates in the selection of, trains, motivates, and evaluates assigned staff; provides or coordinates staff training; works with employees on performance issues and implements discipline.
  5. Oversees the development of consultant requests for proposals (RFP’s) and qualifications for professional services; evaluates proposals and recommends project award; develops, negotiates, and reviews contract terms and amendments; ensures contractor compliance with City and department standards and specifications and time and budget estimates; analyzes and resolves complex problems that may arise.


Any combination equivalent to experience and education that would likely provide the required knowledge and abilities would be qualifying. A typical way to obtain the knowledge and abilities would be:


  • Five (5) years of progressively responsible experience in the development and administration of financial and budget programs, including three (3) years of lead or supervisory experience.


  • Equivalent to graduation from an accredited four-year college or university with major coursework in accounting, finance, public administration, business administration or a related field

Public sector auditing experience, a CPA certification and/or a master’s degree in business or public administration is desirable and may be substituted for the required experience up to a maximum of one year.



Flexible work schedules (9/80, 4/10, 5/8) and telework options available.Quarterly Teambuilding Events and ActivitiesCoffee, snacks and healthy snack options availableShort walk to vibrant Downtown


Employee Annual Salary: $156,693.29 – $190,461.67

Retirement Salary Formulas: California Public Employees’ Retirement System (CalPERS)

2.7% @ 55 single highest year) for classic members

2% @ 62 average of three highest years)

2% @ 60 for new members under the Public Employee Pension Reform Act (PEPRA)

Retiree Deferred Compensation Savings: City match contribution of 2.0% max annual salary.


Health Plans: City-paid health insurance with an added allowance for eligible dependents, including children (under the age of 26), spouse, or domestic partner

Dental and Vision: City paid reimbursement plans.


Quality of Life Employee Wellness Program: $1,950 annually for an extensive list of eligible wellness expenses.

Vacation Leave: Eligible to accrue up to 264 hours per year depending on CalPERS years of service.

Paid Holidays: 14 City-paid observed holidays. Additionally annual City-paid holiday closure.

Sick Leave: 95 hours annually

Optional Benefits: Supplemental life insurance, employee assisted programs such as prepaid legal services, and IRS Section 125 pre-tax flexible spending accounts for medical and dependent care.


This recruitment is being conducted to fill one Financial Services Manager vacancy and may be used to fill future full-time vacancies as they occur during the active status of the employment list.

This recruitment will remain open until filled. First review of applications will be Monday, February 13, 2023 at 5:00pm. Prior to hire, candidates will be required to successfully complete a pre-employment process, COVID-19 self-attestation, including a complete background investigation. A conviction history will not necessarily disqualify an applicant from appointment; however, failure to disclose a conviction will result in a disqualification or termination.