Salary: $7,624.93 - $8,824.40 Monthly
Location : Torrance, CA
Job Type: Permanent Full-time
Job Number: 24059119
Department: Finance
Opening Date: 05/24/2024
Closing Date: Continuous
DESCRIPTION
WE STRONGLY ENCOURAGE APPLICANTS TO READ THE JOB ANNOUNCEMENT
IN ITS ENTIRETY BEFORE SUBMITTING AN APPLICATION FOR THIS POSITION.
The City of Torrance recognizes the principles of diversity and inclusion, and strives to ensure equal opportunities for its workforce, applicants and community members. If you are a person who wants to make a difference, give back to your community, and be a voice for change, apply to the City of Torrance today.
The is recruiting for a Senior Business Manager to join the Finance Department's Budget Team!
If you are looking to innovate and implement new budgeting practices and want to be part of this team, we invite you to apply.
The Department
The Finance Department is a dynamic organization whose mission is to protect the City's assets while providing and supporting the Torrance community with sound financial advice in a timely, cost effective and professional manner. Managing the department's $6.3 million General Fund budget, $28.5 million Self-Insurance budget and day- to-day operations is skillfully executed by 42 staff members. The Finance Director assists the City Manager with the Operating and Capital Improvement Plan budgets, serves as advisor to the Land Management Team and Investment Committee, and presents to the City Council an annual audited statement of the City's financial condition prepared in accordance with governmental reporting standards promulgated by the Governmental Accounting Standards Board (GASB).

Responsibilities of the Finance Department includes:

• Accounting
• Accounts Payable
• Administration
• Audit-External/Internal
• Billing Collection
• Budget-Operating/Capital
• Business License
• Central Cashiering
• Debt Financing
• Financial Reporting
• Payroll
• Purchasing
• Revenue
• Risk Management
• Worker's Compensation

The Position
Under direction of the Assistant Finance Director, the Senior Business Manager-Budget will assist in the planning, organization and direction of the City's operating and capital budgets. The position will be responsible for, but is not limited to:

• Collaborating effectively with City Departments to develop the City's operating and capital budgets;
• Assist, coordinate and complete the City's budget document;
• Monitoring the budget regularly throughout the year, identifying trends and areas of concern to proactively address/correct timely;
• Managing the third party budget software program;
• Identifying opportunities and implementing improvements to enhance the management and accountability of the City's budget;
• Streamline the timely reporting of the City's budget status throughout the year;
• Budget analytics to identify opportunities and monitor compliance.

The Senior Business Manager will also supervise the activities of assigned subordinate personnel; manage third party contracts; make presentations and recommendations to City Council; and act as the liaison between Finance and other City Departments to maintain a sound budget and advance Finance initiatives as part of the City's strategic plan.
For more information about the duties of this position,
QUALIFICATION GUIDELINES

MINIMUM QUALIFICATIONS:
Any combination of education and experience that provides the required knowledge and skills is qualifying. A typical way of obtaining the necessary knowledge and abilities is:

• Bachelor's degree in Business or Public Administration or a related field; and
• Two (2) years of progressively responsible administrative or analytical experience.

Successful candidates will possess the following:

• Strong critical thinking and organizational skills;
• Experience using budgeting software or similar programs;
• Excellent leadership and supervisory skills;
• Minimum 2 years related financial experience;
• High degree of initiative and flexibility;
• Ability to complete multiple priority assignments;
• Strong interpersonal and communication skills;
• Familiarity with traditional budgeting frameworks;
• Resourcefulness and reliability; and
• Ability to work independently and shift priorities as needed.

HOW TO APPLY & EXAM PROCESS

Interested candidates must submit an online application and supplemental questionnaire at . Application submissions will be accepted on a continuous basis until the position is filled. First review of applications will be those received by June 3, 2024. If a sufficient number of qualified applications are received by the first review date, there is the possibility that the recruitment may close at that time.

Only those candidates whose experience best meets the needs of the City and the Department will be invited to participate in a panel interview (weighted 100%). The interview process will be conducted virtually and is tentatively scheduled for June 11, 2024.
Note: The tentative test date will be based on a sufficient number of qualified applications received by the first review date. If a sufficient number of applications are not received by the first review date, there is the possibility that the test date may change to a later date.
SPECIAL NOTES

Visit to find out more information about our community.
The City of Torrance Conflict of Interest Code requires that employees in this classification file an annual Financial Disclosure Statement. Information about this requirement may be obtained from the City Clerk's office.

Applicants with disabilities who require special testing arrangements must contact Human Resources prior to the examination date(s). If you have a disability for which you require an accommodation, please contact us at (310) 618-2915 no later than five (5) business days before the test date.
As a condition of employment, candidates must pass a background check.

The provisions of this announcement do not constitute an expressed or implied contract and any provisions contained in this announcement may be modified or revoked without notice.
City of Torrance Inclusion Statement
The City of Torrance is a welcoming and culturally-rich community. As a pillar of public service, we strive to be an employer of choice by attracting and retaining a talented workforce where people of diverse backgrounds, cultures, religions, and lifestyles are valued. Our mission is to create an inclusive environment where our staff are empowered to perform at their highest level and contribute towards making a positive impact.

The City is an equal opportunity employer and works towards building collaborative teams from all walks of life without regard to race, color, ethnicity, religion, national origin, age, sex, sexual orientation, gender identity, marital status, ancestry, disability, genetic information, veteran status, or any other status protected under federal, state and/or local law. Come join us to help cultivate a workplace that welcomes and celebrates the diversity of our employees!
BENEFIT SUMMARY FOR CERTAIN FULL TIME SALARIED AND HOURLY EMPLOYEES
Note: Not all benefits listed may be applicable to all positions with in the unit. Please refer to the MOU for specifics.

Health, Dental, Vision and Life Insurance (sec.3.1)
The City's monthly contribution for health insurance is as follows:
EE Only EE 1 EE 2 or more
Full time EE's 597.68 1140.36 1595.96
Part- time
(hired prior to 1/1/08) 468.87 913.40 1175.08
Part-time
(hired after 1/1/08) 345.12 620.72 781.08

The City's monthly contribution for vision insurance is $3.33
The City's monthly contribution for dental insurance is $33.71/EE only and $67.42/EE 1 or more
The City provides a Cash In-Lieu payment of $400 per month for eligible full-time employees for as long as the employee opts-out of medical coverage
City provides a $50,000 life insurance policy
Disability Insurance (sec 3.1)
Employee receives 2/3 base pay after elimination period (14 consecutive days for STD and 180 consecutive days for LTD)
Retirement (sec. 3.2)
PERS 2%@55
Employees hired before 8/29/2010, City pays 7% EPMC*
Employees hired after 8/29/2010 pay the 7% EPMC*
*Employer Paid Member Contribution (EPMC)
PERS 2%@62
"New member", employees hired on or after 1/01/2013 pay 50% of normal cost with three year average final compensation.
Deferred Compensation (sec. 3.3)
457 Plan : Enrollment is voluntary
Sick Leave (sec.3.5)
Accrual rate is 6 (six) hours per month.
Maximum Accrual: 500 hours
Holidays (Sec 3.6)
13 paid holidays (New Year's Day, Martin Luther King Jr.'s Birthday, Lincoln's Birthday, Washington's Birthday, Memorial Day, Independence Day, Labor Day, Veteran's Day, Thanksgiving Day, Day after Thanksgiving, Christmas Eve, Christmas Day, New Year's Eve)

Vacation/Annual Leave (Sec. 3.7)
(Accrual rate per month) :
Year 1: 8.67 hours; Year 2: 8.7 hours; Years 3-4: 10 hours; Years 5-9: 12.67 hours; Years 10-20: 16.02 hours; Years 21 - 24: 17.34 hours; Year 25 : 18 hours.
Maximum accrual 500 hours.
Bereavement Leave (sec 3.8)
Up to five (5) work shifts of bereavement leave; three (3) shifts with pay and two (2) shifts without pay per death of eligible family members
Educational Materials Allowance (Sec. 3.12)
$183.88 allowance paid in February for tool and educational materials.
Vehicle Allowance (Sec. 3.13)
Area G Executive Director: $370.00 monthly
Night Shift Differential (sec.4.3)
Base hourly pay range employees paid 5% above average base hourly pay when ½ or more of the shift is scheduled to work after 4:00 p.m. or before 8:00 a.m.
Premium Pay (sec.4.6)
Workers' Comp Claim Examiner: 5% premium for State of CA Self Insurance Administrator's certificate
01

Do you possess a Bachelor's degree in Business or Public Administration or a related field?

• Yes
• No

02

How many years of progressively responsible administrative or analytical experience do you have?

• 1-2 years
• 2-3 years
• 4 or more years

03

Do you have professional experience with budget development and monitoring?

• Yes
• No

04

If you answered "yes" to the question above, describe your professional experience with budget development and monitoring. If no experience, please type "N/A".
05

Do you have experience preparing a presentation and/or speaking to an audience?

• Yes
• No

06

If you answered "yes" to the question above, please describe any experience you have with preparing a presentation and/or speaking to an audience. If no experience, please type "N/A".
07

Do you have professional experience using software programs and/or Excel to aid in the budget development process?

• Yes
• No

08

If you answered "yes" to the question above, please describe your professional experience using budget development programs/software and/or Excel to aid in the budget development process. If no experience, please type "N/A".
09

Do you have supervisory or lead experience of a program area?

• Yes
• No

10

If you answered "yes" to the question above, please indicate how many years of experience.

• Less than 6 months
• 6 months to 1 year
• One year or more
• I do not have supervisory or lead experience of a major program area

11

Describe your supervisory or lead experience including number and position of employees supervised. If you have no supervisory or lead experience, please type "N/A".
Required Question