Press Release: East Providence Finance Direct to retire, City seeks to fill position

FOR IMMEDIATE RELEASE                                                                             

March 4, 2024                                                                        

 

CONTACT INFO. :                                                                                                 

Office of the Mayor                                                                                       

Patricia Resende                                                                                            
Dir. of Communications & Project Mgt.                                                                   

(401) 435-7500 Ext 11013                                                                                                     

presende@eastprovidenceri.gov        

 

Note to Editors: Please see attached photo                                                     

 

East Providence Finance Director to retire, City seeks to fill position

 

EAST PROVIDENCE, RI – The City of East Providence is seeking to fill the position of Director of Finance.

 

Under the direction of Mayor Bob DaSilva, the Director of Finance is responsible for administering and coordinating the financial affairs of the City. The Director of Finance supervises the Purchasing, Accounting, Treasury and Tax Assessment divisions. Serving as a member of the executive leadership team, the Director of Finance is a principal planner of the annual City budget and is responsible for maintaining a healthy financial structure, a responsible tax rate, and other charges that ensure confidence from residents and taxpayers. Those interested in applying may do so by visiting our Employment Opportunities page on the City’s website: https://eastprovidenceri.gov/jobs/24-03-04/director-finance.

 

East Providence Finance Director Malcolm A. Moore, who has worked for the City of East Providence since 2012, has announced his plan to retire. He will remain in the role until May.

“Not having Malcolm’s institutional knowledge of our municipal finances during what will be a challenging budget year will certainly be a loss to my administration,” Mayor Bob DaSilva said. “It is for this reason that we are immediately seeking to fill this position.”

 

“I would like to thank Malcolm for his year of dedication to the City of East Providence and wish him well in his retirement,” DaSilva added.

 

Mr. Moore has offered to stay during this period of transition.

 

“I would like to thank Mayor DaSilva and the City Council for their support over the years,” Malcolm Moore said. “It has been both an honor and privilege to work closely with them. 

“We have worked tirelessly to improve the quality of life for the residents of East Providence,” Moore added. “It has been a great experience and I will never forget all the great people I worked with over the years.”

Moore served as finance director for both the city and the school department until he was named sole finance director. During his time with the city, Moore also served as acting city manager for the span of two months.

During his tenure as finance director, Moore was hired by the Budget Commission (in 2012) to help stabilize the City’s financial position. He also worked with the Charter Review Commission to implement a capital and fund balance policy, which resulted in over $40 million in capital funds, and also helped to move junk bond status to an S& P’s AA rating with a stable outlook. In addition, Moore worked to set up the OPEB Trust, which is now more than 50 percent funded and has facilitated $428 million in bonds for the general fund, water and wastewater.

To APPLY for the position of Finance Director, please visit: https://eastprovidenceri.gov/jobs/24-03-04/director-finance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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