The City of Covington is seeking a new finance director after its current head took the same role at the City of Cincinnati.
Steve Webb was hired in August 2022 and served nearly two and a half years in the role. His last day is March 12, according to a city press release.
Throughout his tenure, per the release, Webb and his staff worked on centralizing the city’s budget development process, increasing interest income on city funds, implementing lockbox programs to increase revenue collection efficiency and reducing the net profit tax return processing timeline, among other things.
“In leadership, the goal is always to leave things better than you found them, and we’ve done that,” Webb said in the release.
In addition, Webb’s finance department constructed a plan to fill a revenue gap caused by work-from-home trends brought on by the pandemic, financed the ongoing development of the 23-acre former IRS site, and laid the financial groundwork for a new City Hall.
“I have truly enjoyed working with him because he not only understands the numbers but also understands the big picture,” Covington City Manager Ken Smith said in the release. “Steve improved our Finance operations greatly by implementing changes that will be here after he leaves. I’m happy for him and wish him all the continued success possible. Of course, he’s only moving north 15 blocks and a river.”
Covington’s finance director oversees the city’s budget, accounting, investments, accounts payable, revenue, accounts receivable, procurement, and payroll. The position also serves ex-officio on numerous boards, including the Board of Trustees for the City Employees Retirement Fund, the Occupational License Board of Appeals, the Police and Fire Pension Board, the Rental License Appeal Board, and The Fund for Covington, Inc.
The job listing is available on the city’s website.
