City of Phoenix issued the following announcement on July 7.
Phoenix City Manager Ed Zuercher has named Kathleen Gitkin as the city's acting chief financial officer. In this role, Gitkin will be responsible for all aspects of the city's fiscal portfolio, including debt management, capital financing, treasury services, procurement, tax and licensing, and the acquisition and management of the city's real estate holdings, as well ensuring the city retains its excellent bond rating. Gitkin replaces CFO Denise Olson who is retiring on July 16.
“During her seventeen years advancing through the ranks of the city's Finance Department, Kathleen has acquired a keen understanding of the city's complex financial systems, including debt management, investments, real estate, and the all-important financial forecasting," said Zuercher. “She is the ideal leader to ensure that the city's finances remain in top form."
Gitkin began her city career in 2004 as an entry-level accountant and advanced to the assistant finance director position before being named acting CFO. During her city career, she has managed a wide range of accounting and financial functions and is widely known by the city's banking and financial partners and bond-rating agencies for her exceptional work on the city's behalf. Prior to joining the city, Gitkin worked as an accountant in the private sector and served as New Mexico director for the American Heart Association and volunteer manager for the Special Olympics.
“I look forward to taking on this new challenge," said Gitkin. “I am committed to ensuring the success of the Department and its staff in continuing the city's legacy of excellence in fiscal management."
Gitkin holds a Bachelor of Accountancy from New Mexico State University and a Master of Business Administration from University of Phoenix. She has served on the City of Phoenix Employee Retirement System board, the Phoenix Community Development and Investment Corporation board, and the Deferred Compensation Board, and is a member of the Government Finance Officers Association.
Original source can be found here.
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