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07-13-2020 Council Packet
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07-13-2020 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
07/13/2020
Council Meeting Type
Regular
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Outsourced Finance Director <br />Building relationships to become a valuable extension of your organization is what our Financial Solutions team will be <br />ardently focused on when we work with you. When you employ our team, you gain a fresh perspective on a broad <br />range of topics -you’ll have one point of contact but a whole team of people bringing you value. With that said, we’ve <br />had the opportunity to over 100 clients in the Midwest. Among the support we provide, Outsourced Finance Director <br />Services are a primary focus of our team. We offer this service for a broad range of cities with populations ranging from <br />800 -25,000 in size. <br />Acting as outsourced finance directors and controllers requires a broad ranges of skills and experience. We bring a <br />unique set of skills and experience as former government auditors, finance directors and controllers.. Through this lens, <br />we implement processes and procedures to improve your organization’s daily operations. Our experience translates to <br />insights that streamline the audit and budget process and internal controls, consequently reducing audit findings and <br />improving efficiencies. Ultimately, this will save your community time and money. <br />Process <br />When you select our team, our process is made simple -for you and for your employees. First, we meet with your city <br />administration to understand the challenges you face. We then analyze your financial statements, review budgets, and <br />connect with your auditors to understand your financial position from their perspective. This give us a holistic view to <br />formulate a plan and propose how we can best support you. <br />Once our proposal is accepted, we’ll work with key stakeholders to understand cash flow, investments, and begin <br />fulfilling proposal initiatives. Together we’ll identify priorities and begin implementation. <br />Qualifications <br />Our people make the difference-we have seven members on our team who have passed the Series 50 exam. These <br />registered municipal advisors will manage your bonds, investments, and strategic planning initiatives. Out of 14 <br />members in our Financial Solutions group, 60% of their work is focused on outsourced Finance Director services. <br />The majority of our team members have worked in government organizations and public accounting bringing you a <br />fresh perspective backed by relevant experience. We’re confident that AEM has the right expertise, team support, and <br />recommendations to help your city grow. We look forward to supporting you and your team.
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