Posted August 23, 2010

Executive Director of the Sinking Fund Commission

Agency: City of Philadelphia, Office of the City Treasurer
Salary:     Salary range estimated at $70,000-$76,000 commensurate with experience
Type:       Exempt, Full time position; must establish residency in the City of
Philadelphia within 6 months of appointment
Deadline: Open until further notice
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The City of Philadelphia (the City) is seeking a new Executive Director of the Sinking Fund Commission. The Executive Director of the Sinking Fund Commission is responsible for the City’s debt service budgeting, payment and administration, as well as financial analysis. This position reports directly to the City Treasurer.

In addition, the Executive Director of the Sinking Fund Commission serves as the chief
administrative officer of the Philadelphia Gas Works (PGW) pension plan investment function and for this function, reports to the board of trustees for the pension plan.

The Office of the City Treasurer is responsible for new bond issuances and the management of $7 billion of outstanding debt; including debt issued for the General Fund, Water Department, Aviation Department, and Philadelphia Gas Works. In addition, the Office of the City Treasurer is responsible for investing City operating and bond funds as well as managing the City’s depository bank accounts.

Job Requirements:

• Minimum of 3-5 years relevant experience in the private or public sector, preferably in municipal finance.
• Undergraduate degree in Finance, Accounting, Economics, or related field.
• Demonstrated ability to lead and handle multiple tasks in a tight timeframe.

Please forward your resume to the following by e-mail only (no copies by postal mail):
tamika.mccray@phila.gov