Shreveport Hiring New Director of Finance
The City of Shreveport is currently hiring for a new Director of Fiance.
Shreveport's current Director of Finance, Charles Madden, has been under fire for multiple issues that have arisen from financial audits. Earlier this year, Shreveport City Councilman John Nickelson asked the City to force Madden into retirement over these issues. Shreveport Chief Administrative Officer responded to the outcry over Madden, and the possibility that the City committed tax fraud.
Currently the City of Shreveport's website has a listing for the Director of Finance position. It lists the job as follows:
"The Director of Finance reports to and serves at the pleasure of the Mayor. The Director of Finance is responsible for overseeing systems and procedures for centralized accounting, purchasing, revenue collection, health insurance, and risk management. The annual Finance Department budget is over $3 million and represents more than 50 full time employees. The City's annual budget is over $450 million with more than 2,700 employees.
The director of finance is responsible for maximizing the return on financial assets by establishing financial policies, procedures, and controls. The Director of Finance supervises management of the City's short-term cash portfolio. This position ensures legal and regulatory compliance for all accounting and financial reporting functions. The director of finance also oversees cost and general accounting, accounts receivable/collection and payroll and risk management, provides support for three pension funds, and is charge of all record management services.
This position requires a constant, high level of interaction with staff, internal and external clients, elected officials and contract service providers. The Director of Finance also serves on pertinent City boards, and is expected to attend City Council meetings and department head meetings. They are responsible for personnel decisions such as selection, training and discipline with in the Finance Department. The Director of Finance reports to and has work reviewed by the Chief Administrative Officer."
KEEL News has reached out to Shreveport Mayor Adrian Perkins' office for comment on the posting and current status of Charles Madden, but have not received any response at this time. There's no official word listed on the city website, or from any source, about when this position is expected to be filled.