Money
Dexter City Seeks Experienced Finance Director to Guide $14 Million Budget
2025-01-16

The city of Dexter is on the lookout for a seasoned finance professional to take over as Finance Director/Treasurer. This crucial position will oversee the city's financial operations, including managing a budget of around $14 million and ensuring smooth transitions amid leadership changes. The current director, Marie Sherry, who has dedicated over two decades to the role, will retire in July 2025. The new director will play a pivotal role in maintaining fiscal stability and compliance with state and federal regulations.

Details of the Search for Dexter's New Financial Leader

In the charming town of Dexter, the search is underway for an individual to assume the critical role of Finance Director/Treasurer. With a rich history spanning over two decades under Marie Sherry’s guidance, this position is set to transition hands by summer 2025. The ideal candidate will be responsible for overseeing multiple financial functions within the city, including budgeting, auditing, accounting, and treasury management. Dexter manages a comprehensive budget of approximately $14 million across 19 funds, supported by 21 full-time employees. The city boasts a robust financial standing, highlighted by a recent AA bond rating from S&P and consistently clean audit reports.

Key responsibilities include ensuring adherence to state and federal financial regulations, preparing monthly financial updates for the City Council, managing revenue streams such as state and federal funding, city taxes, and utility payments, administering the municipal retirement system, and leading the annual budget process. Applicants must hold a bachelor’s degree in finance or accounting and have at least three years of relevant experience. Familiarity with municipal finance principles, GASB protocols, and GAAP is essential. Preferred qualifications include a master’s degree, CPA certification, or government sector experience.

The position offers a competitive salary ranging from $85,000 to $100,000, along with an attractive benefits package. Interested candidates should submit their application materials to Dexter City Hall by February 14, 2025, for the initial review.

From a journalist’s perspective, the appointment of a new Finance Director/Treasurer in Dexter underscores the importance of continuity and expertise in municipal financial management. The successful candidate will not only ensure the city's financial health but also contribute to its long-term strategic planning. This transition presents an opportunity for Dexter to maintain its strong financial foundation while embracing innovative approaches to public finance. It is a testament to the city's commitment to transparency and excellence in governance.

More Stories
see more