Princeton Is Looking For A New CFO. The Application Is Live

PRINCETON, NJ — The municipality is searching for a new chief financial officer after Sandra Webb, who has held the position since 2000 and predates the consolidation of Princeton Borough and Princeton Township into a single municipality, announced her retirement.

The job posting, which went live April 16, sets a salary range of $130,000 to $175,000 and carries a closing date of May 25.

Webb's tenure spans more than two decades of Princeton's financial history, including the landmark 2013 consolidation that merged Princeton Borough and Princeton Township into a single municipality — one of the most significant structural changes in the community's modern history.

The incoming CFO will inherit oversight of a current fund budget of approximately $85 million, along with a separate parking utility carrying a $6.4 million budget and an affordable housing utility of $674,000. The position reports to the municipal administrator.

The role carries broad statutory responsibility under New Jersey law. The CFO is required to prepare the state budget document, annual financial statements, annual debt statement and other legally mandated reports, while overseeing cash management, municipal debt issuance, grant administration and procurement compliance.

The position also supervises Finance Department staff across finance, tax collection, tax assessment and purchasing, as well as payroll operations administered through human resources.

Candidates must hold a valid Certified Municipal Finance Officer certification issued by the New Jersey Department of Community Affairs Division of Local Government Services, along with a bachelor's degree with at least 21 semester hours in accounting or finance.

A minimum of four years of experience in municipal finance is required, including at least one year in a supervisory role.

Proficiency in municipal financial software platforms — including Edmunds, MSI, CentralSquare Finance Enterprise or OpenGov — is required, as is advanced proficiency in Microsoft Excel and the Office Suite.

Qualified candidates are asked to submit cover letters and resumes electronically to contactus@phoenixcgllc.com.