FINANCE MANAGER

Salary: $11,308.95 - $13,746.10 Monthly Location : City of Commerce, 2535 Commerce Way, Commerce, CA Job Type: EXEMPT Job Number: 2026-0520 Department: Finance Opening Date: 05/20/2026 Closing Date: 6/17/2026 11:59 PM Pacific THE POSITION Under general direction, plans, organizes, and oversees the city's purchasing, accounts payable, accounts receivable, business licensing, and cash & investment operations. This position ensures compliance with federal, state, and local regulations, enforces newly adopted financial policies and procedures, and provides support in managing the city's investment portfolio. The position supervises assigned staff, fosters a culture of accountability, and works closely with the Finance Director to ensure effective and efficient financial operations. EXAMPLE OF DUTIES The following duties ARE NOT intended to serve as a comprehensive list of all duties performed by all employees in this classification, only a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties. Plans, organizes, and manages the daily operations of purchasing, accounts payable, accounts receivable, business licensing, cashflow analysis and investment management.Oversees the city's investment portfolio; in conjunction with the city's investment advisor, recommends investment strategies to the Finance Director that are consistent with the City's Investment Policy and California Government Code; and ensures sufficient liquidity for operating needs.Enforces newly adopted financial policies and procedures; ensures compliance with applicable laws, regulations, ordinances, and professional standards.Provides leadership and provides recommendations to the Finance Director regarding financial priorities, resource allocations, and process improvements.Assures the integrity of the financial work products, processes, and procedures to safeguard the city's assets; monitors completeness, and compliance with federal, state, and city policies and practices.Assists in financial reporting and budget development; reviews and analyzes budget performance and revenue and cash flow trends; recommends adjustments as necessary; reviews and approves budget adjustments, as necessary.Monitors and analyzes operational and financial data; prepares reports and presentations for management, City Council, and external agencies.Manages and coordinates purchasing operations; oversees the preparation and evaluation of bid proposals, selection of contractors and negotiation of contracts in order to procure the most cost-effective supplies, materials and services; assures procurement activities are in compliance with federal, state, and city policies and practices.Directly supervises assigned Finance Department staff; assigns works, sets priorities, evaluates performance, and develops staff capabilities.Ensures effective communication within the department and with other city departments; interprets and explains financial policies and procedures to internal and external stakeholders.Maintains the absolute confidentiality of all records and information.Performs related duties as assigned. MINIMUM QUALIFICATIONS Education and Experience: Bachelor's degree from an accredited college or university in Accounting, Finance, Economics, or Business Administration or a closely related field and Five (5) years of increasingly responsible professional experience in municipal finance, accounting, or purchasing, including at least two (2) years of relevant supervisory experience in public finance. SPECIAL REQUIREMENTS Required Licenses or Certifications: Must possess a valid California driver's license and a safe driving record. Desired Certification: CPFO (Certified Public Finance Officer) CPPO (Certified Public Procurement Officer) **This is an "at-will" FLSA exempt position. Benefit Summary for City of Commerce Full-Time Employees The following information is a brief description of benefits available for full-time employees. (For part-time employee benefits please click here: Part-Time Employee Benefits. To view Executive Management benefits, please click here: Executive Management Fringe Benefits). Health Benefits City paid Medical up to a cap of the monthly premium for employees and eligible dependents. Employees may choose from the following insurance plans: Blue Shield Access +Blue Shield Trio HMOAnthem Select HMOAnthem Traditional HMOKaiser of CaliforniaHealth Net Smart CareHealth Net Salud y MasUnitedHealthcare Signature Value AllianceUnitedHealthcare Signature Value EPO HarmonyPERS PlatinumPERS Gold Vision Coverage Provided by VSP (Vision Service Provider)The City pays 100% of the monthly premium for employees and eligible dependents. This benefit includes one eye exam, one pair of lenses and a one-year supply of contact lenses per year. Dental Coverage Provided by UMR The City pays 100% of the monthly premium for employees and eligible dependents. The maximum benefit per calendar year per covered person is $2,000. The lifetime maximum benefit for orthodontic expenses per covered person is $3,000. Life Insurance Every full-time employee is provided Term life insurance equal to his/her annual salary with a maximum of $150,000. Short-Term Disability Standard Insurance Full-time employees must be employed a minimum of 30 days prior to receiving short-term disability benefits. There is a 29-day waiting eligibility period, and the maximum allotted time period is 180 days. Long-Term Disability Standard Insurance Coverage begins when an employee's disability period exceeds the 180th day timeline under short-term disability. The maximum allotted time period is determined by age when the disability begins. Public Employees' Retirement System (PERS) Retirement Benefit Effective July 1, 2025, NEW CalPERS employee members will commence paying an employee contribution of 9%. A new employee who is not a member of CalPERS or is a former CalPERS member who has been out of CalPERS for six (6) months or more will be eligible to enroll in the City's 2% @ 62 Defined Benefit Pension Plan. Effective July 1, 2014 "Classic" CalPERS employee members will be eligible to enroll in the City's 2% @ 55 CalPERS Retirement formula and will contribute a 7% employee contribution towards CalPERS Defined Benefit Pension Plan. See the CalPers Retirement Plan booklet or visit their website for more detailed and valuable plan information, including a retirement benefit calculator. Deferred Compensation The City contributes $25 per pay period and shall match an employee's deferred compensation in an amount not to exceed 3% of the employee's gross salary contribution per pay period. Employee Assistance Program (EAP) The City pays 100% of the monthly premium for employees and eligible household members. Service is available 24 hours a day, 365 days a year by calling (888) 293-6948. This free and confidential brief counseling and referral service is designed to help employees and their household members resolve personal matters that may impact their work or home life. Easy Eight Trip Reduction Program Employees are eligible to participate in the Easy Eight Trip Reduction Program. Employees who carpool eight (8) days in a month are eligible to receive $25 per month for ridesharing / carpooling. Additional Benefits 12 paid annual holidaysAdministrative leave: The City offers 80 hours of administrative leave per year for Exempt employeesColonial and Aflac insurance: This is available to employees at employee costCity offers Pre-Tax flexible spending accounts, up to a maximum of $3,200 each per yearCredit Union: City employees are eligible to join the F&A Federal Credit UnionFlexible work schedulesGenerous vacation, sick leave and bereavement leaveCity participates in Social Security 01 Do you have a Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a closely related field? YesNo 02 How many years of professional experience do you have in municipal finance, accounting, or purchasing? Less than 5 years5 years6-8 yearsMore than 10 years 03 Please describe your experience in municipal finance, accounting, or purchasing, including your main duties and the types of financial systems or processes you used. 04 How many years of supervisory experience do you have in a finance or accounting environment? NoneLess than 2 years2-4 yearsMore than 4 years 05 Do you have experience in any of the following areas? (Check all that apply) Purchasing/ProcurementAccounts PayableBusiness LicensingBudgeting/Financial Reporting 06 Do you possess any of the following certifications? (Check all that apply) CPFOCPPONone Required Question