The City of Chesapeake Assistant Director of Finance for Debt and Strategic Planning administers, directs, manages and oversees the debt management and strategic financial planning activities of the City - including development and monitoring of debt policies for compliance. This position is one of two Assistant Directors partnering with the Director and Deputy Director of Finance.

The position holds a key leadership position in the Finance Department, provides central coordination of all City debt (with schools and certain component units) for general obligation, revenue and tax increment financing district improvement bonds, commercial paper, loans and other lines of credit facilities and the related year-end tasks surrounding debt for the annual audit.

As the lead person responsible for Bond Sales, the position will work closely with external and internal sources related to bond offerings including the bond counsel, financial advisor and the City Attorney's Office in development and review of legal documents, the pricing and sale of bonds, official statements, creating timelines, rating agency and investor presentations and closing documents.

This position supervises two direct reports supporting the City's OPEB Trust, debt management, and compliance with GASB 87 (leases) and GASB 96 (subscription-based IT arrangements). It also serves as the primary liaison with banks, investment advisors, custodians, and broker-dealers, overseeing the evaluation of financial products and services, managing RFPs and bid processes, and leading contract reviews and negotiations.

This role serves as the City's Investment Lead, responsible for managing public fund investments in compliance with state and local regulations. Key duties include developing and implementing investment strategies and policies, overseeing investment reporting and committee activities, monitoring financial markets, managing cash flow, and optimizing returns while prioritizing capital preservation.

The position collaborates closely with external advisors and internal stakeholders-including Finance, the Treasurer, Budget, and other departments-to support the City's financial objectives and capital planning needs.
The City of Chesapeake offers an exceptional range of benefits. Please browse our Benefits Brochure, for a full list of benefits and employee perks.PDN-9f4c8537-0731-4205-95d2-c68fc5919a3a