2fCITY OF SOUTH MIAMI
OFFICE OF THE CITY MANAGER
INTER- OFFICE MEMORANDUM
To: The Honorable Mayor & Members of the Ci Co ission
From: Roger M. Carlton, Acting City Manage
Date: May 4, 2010
South Miami
AR-AmricaCity
1 I
2001
Subject: Appointment of Alfredo Riverol as City of South Miami Finance Director.
It is a great pleasure to inform the City Commission and the Community that Alfredo Riverol has been appointed
Finance Director. Alfredo currently owns and manages Riverol & Company LLC, a CPA firm. He will go
inactive with the firm while maintaining an ownership interest with a finite end point no longer than four years
from now. The fmn will not be involved in any City of South Miami business in the future. Prior to that Alfredo
has served as Internal Auditor for the City of Homestead, Assistant Village Manager for the Village of Pinecrest
and Assistant City Manager for the City of North Miami Beach. He is a CPA and will bring a vast knowledge to
the Finance Department He holds two Masters Degrees from FN. The early challenges he will face are
embodied in the Charge Memorandum attached. Your comments on the Charge Memorandum are invited before it
is finalized.
There are two people who deserve special recognition for their extraordinary contribution to the City of South
Miami. The first is Lisette Rivera who filled the Acting Finance Director position with extreme resourcefulness
and energy. Lisette holds a Master Degree in Forensic Accounting and will soon stand for her CPA. She stepped to
the plate when the City needed her and has grown enormously as a professional during her tenure. The second
person is Citizen Oliver Von Gundlach who has participated in the selection process from the beginning. Oliver
reviewed all applications, sat with me through interviews and participated in verbal background checks. We are in
complete concurrence with Alfredo's selection. Thanks to Oliver for his extraordinary commitment of time, energy
and intellect.
Attachments: Draft Charge Memorandum
Resume
.I � .I l II
To: Alfredo Riverol, Finance Director
From: Roger M. Carlton, Acting City Manager
Date: May 4, 2010
Re: Charge Memorandum — First Twelve Months
It is a pleasure to welcome you to the City of South Miami family as our Finance Director effective
May 17, 2010. We recently begun a process of setting the priorities for Department Directors though the
use of a Charge Memo which clearly defines the understanding and detail of those priorities. The
following is a statement of the major commitments for your first year:
1) Complete the FY 10 /11 Annual Budget for presentation to the City Commission during late June,
2010. While achieving this goal, incorporate input to the maximum extent feasible from the
Budget and Finance Committee. Include in the Annual Budget a list for all recommendations of
the Budget and Finance Committee reflecting the inclusion, modification or lack of acceptance
of each specific recommendation. If modified or not accepted explain the justification.
2) Working with the independent auditors, complete the FY 08/09 Audit (CAFR Report) and
Management Letter no later than May 30, 2010.
3) Support the activities of the Audit Committee to complete the Selection Process for the FY 09/10
Independent audit and ensure that the recommended firm is approved by the City Commission
no later than August 2010.
4) Develop a plan including schedule, scope and funding sources for presentation to the City
Commission regarding the City Charter required Performance Audit process no later than August
2010.
5) Meet with all department directors regarding their finance related needs in order to familiarize
yourself with the South Miami process and personalities. Share your observation with the
Acting City Manager as soon as possible.
6) Review the RFP/RFQ status for parking services and prepare your recommendations for the first
City Commission meeting in June.
7) Review procedures for collection of revenues across all City functions and programs and prepare
your recommendation as soon as practical.
8) Review the City Parking Garage documents and give the Acting City Manager and City Attorney
your conclusion regarding this risk and implications of real estate taxation for the public portion
of the garage and the determination by the IRS that the tax exempt status of the garage bonds
will be impacted by the terms of the agreements. Make contact with the Bond Counsel and
Financial Advisor as necessary to form your conclusions.
9) Review the City's investments policy and provide recommendation regarding increasing our
earnings.
10) Familiarize yourself with all pension issues in order to support the pension reform effort
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Alfredo Riverol, Finance Director
11) Review the City's present fixed asset system and make recommendations as soon as practical.
12) Review the City's Information Technology (IT) program and make recommendations as soon as
possible. Priority areas for review should include data security and system reliability. Work
with IT staff to prepare a Five Year IT plan for presentation to the City Commission no later than
July 31, 2010,
13) Review the financial reporting procedures of the Community Redevelopment Agency to ensure
that the City's financial statements and the CRA's financial statements reflect the same monthly
expenses, revenue and balance sheets. Prepare a report on this item for review by the CRA
Board during their June meeting.
14) Review the City's debt management practices and report to the Acting City Manager any
recommendations as soon as practical.
Accepted:
Date:
Alfredo Riverol, Finance Director Roger M. Carlton, Acting City Manager
14515 Southwest 57� Terrace
Miami, Florida 33183
Alfredo Riverol, CPA, CrXA, MPA, MST Office: 305 - 387 -
Mobile: 305 -588 -1851850
0
EMPLOYMENT 2009 - PRESENT RIVEROL & COMPANY CPA MIAMI, FL
HISTORY Certified Public Accountant and Consultant
Specialize in serving small to mid -size businesses with management and financial
needs. Assist multiple companies in supervising and/or developing a management
and accounting staff. Provide oversight of accounts payable, accounts receivable
and day -to -day managerial and accounting functions including the entire month -
end process through financial statement and analysis. The Focus is to help
businesses streamline policies and procedures and recruit and develop the proper
staff. Communicate the company's current financial status to owners and
executive management teams on a regular basis. Provide clients, with a full range
of services including financial auditing and reviews, payroll services, in -house
accounting assistance, financial ratios, cash flow and budget analysis, tax
planning, short and long -range business plans, internal control studies, special
investigations, lease /purchase studies and leasing programs, pension analysis.
2008 —2009 CITY OF HOMESTEAD HOMESTEAD, FL
City Internal Auditor
Appointed by the Mayor and Council. Responsible for the review and monitoring
of internal controls and for the performance of such other duties as assigned by
the Council. Conducted operational, economy, efficiency, performance, financial
& compliance audits of the City government with written reports submitted to
both the Mayor and Council. Developed goals, objectives, strategies and audit
plans and programs for the Internal Audit Division. Provided reports to City
Council as required as to progress, audit findings and recommendations.
Monitored the application of administrative policies and directives. Evaluated the
effectiveness of administrative and internal control systems. Examined the
authenticity, completeness and accuracy of accounting and financial data. Verified
compliance with federal, state and City grant programs. Analyzed data obtained
for evidence of deficiencies in controls, duplication, extravagances, fraud or lack
of compliance with established policies or procedures. Makes recommendations
for corrective actions.
Riverol -1 of 5
14515 Southwest 57'" Terrace
Miami, Florida 33183
Alfredo Riverol, CPA, Cr.FA, MPA, MST Office: 305 - 387 -6500
Mobile: 305 - 588 -1850
2006-2008 VILLAGE OF PINECRST PNECREST, FL
Assistant Village Manager
Performed various complex financial analyses and summarized findings for
decision - making purposes. Managed and supervised all capital projects
throughout the Village. Actively participated in reviewing financial results
and analyzing its effects on the organization. Conducted short-term and long-
term forecasts. Responsible for assisting the Village's Financial Department
which oversees an approximate annual budget of $20 million. Developed and
coordinated budget preparations, grants, and contracts administration;
monitored and evaluated revenue expenditures relative to budget projections;
monitored fiscal operations for conformance with various policies, procedural
and legal requirements; and performed a wide variety of professional budget
and accounting work. Planned, organized, directed, and managed subordinate
personnel involved in developing, implementing, and maintaining policies
and practices for the Village. Assisted and was involved in the selection and
implementation of the Village's new accounting system. Performed a variety
of professional and administrative work in formulating administrative
principles, practices and policies. Worked independently under the general
supervision of the Village Manager. Oversaw all departments, conducted
studies, and researched issues as directed by the Village Manager. Attended
Committee, County and State meetings. Received information requests and
complaints regarding services and resolved issues with the public. Performed
organizational and procedural studies and developed recommendations for the
Village Manager. Provided technical assistance in implementing new or
modified systems. Developed and implemented a departmental operations and
procedures manual and evaluated staff performance annually. Disciplined
department employees for violation of Village or Department Policies and
Procedures Manual..
Riverol - 2 of 5
14515 Southwest 57'" Terrace
Miami, Florida 33183
Alfredo Riverol, CPA, CrXA, MPA, MST Office: 305 - 387 -8500
Mobile: 305 - 588 -1850
1999 —2006 CITY OF NORTH MIAMI BEACH NMB, FL
Assistant City Manager (2004 - 2006)
Responsible for the management of the City's Financial Department which
oversees an approximate annual budget of $55 million. Responsible for
handling all reimbursement requests from FEMA, Florida and Miami -Dade
County with reference to expenditures required for disaster relief efforts.
Developed short and long term goals; advised the City Manager and Board on
financial trends, applicable accounting state and federal laws and regulations;
developed policies and practices necessary to comply with those regulations;
and ensured compliance with the same. Responsible for statewide compliance
with policies and enforcement consistency. Administrative and managerial
work assisting the city manager in directing and coordinating the policies and
programs of a group of municipal governmental departments. Assisted in the
policy development, preparation, administration and execution of the city's
annual operating budget, as well as the capital improvement and grant
program budgets. Provided administrative oversight of the Finance,
Information Technology and Public Services departments. Directed the
development of departmental policies and regulations; determined standards
to evaluate effectiveness of departmental management operation and policy;
initiated support programs to facilitate increased efficiency; coordinate
departmental activities with other departments of the city government.
Assisted the city manager in coordinating and /or negotiating cooperative
activities among governmental agencies, as well as private companies,
requiring city cooperation. Assumed duties in the absence of the City
Manager and Deputy City Manager.
Assistant to City Manager (2002 — 2004)
Assisted the City Manager in a wide array of functions for the City of North Miami
Beach, including long -range planning and budgetary responsibilities. Served as a
key member of the management staff, representing the City Manager as needed.
Conferred with upper management in the selection and implementation of programs
and initiatives. Initiated and procured Federal, State, and County grants for a variety
of programs and projects. Coordinated and assisted in the administrating of the
City's $17.5 million Proud Neighborhoods Capital Improvement Bond Program.
Responsible for on -going inter -local agreements such as City- staffed special taxing
districts. In many circumstances I served as the City Manager's representative on
boards, commissions, and committees. One major responsibility was to act as the
liaison between the City Manager's Office and City departments. Moreover, I was
assigned to monitor and prepare public record responses to many different entities
(employees, outside organizations, Commissioners, etc.) I performed research and
analysis to compile data for reports, cost estimates, and made sure to monitor City
and departmental issues and projects. Generally, I assisted the City Manager in
administering the budget and developing, coordinating, and implementing special
project assignments.
Riveroi - 3 of 5
14515 Southwest 57' Terrace
Miami, Florida 33183
Alfredo Riverol, CPA, Cr.FA, MPA, MST Office: 305 - 387 -6500
Mobile: 305 - 588 -1850
Assistant to Director of Administrative Services (2000 — 2002)
Oversaw City programs. Worked directly under the Deputy City Manager. In the position
I created new programs and altered others in an effort to formulate a better operating City.
Supervised over 200 full -time employees. I was an active member of the revenue
committee, which was created by the Mayor to create new, innovative ways to generate
unreserved funds.
Public Information Officer (1999 -2000)
Part of the Senior Management Administration that was accountable for building and
implementing numerous projects and programs. Coordinated Special Events, and Dealt
with the Media at all levels. Researched and assisted in the grant building process for
many programs. Involved on a daily basis with budget issues and continuously strived to
develop cost efficient advertising initiatives.
1996-1999 ARES AND COMPANY CPA, PA MIAMI, FL
Accountant
Prepared, examined, and analyzed accounting records, financial statements, and
other financial reports to assess accuracy, completeness, and conformance to
reporting and procedural standards. Computed taxes owed and prepared tax returns,
ensuring compliance with payment, reporting and other tax requirements. Analyzed
business operations, trends, costs, revenues, financial commitments, and obligations,
to project future revenues and expenses or to provide advice. Reported to
managementlowners regarding the finances of the organization. Established chart of
accounts, and assigned entries to the proper accounts. Developed, maintained, and
analyzed budgets, prepared periodic reports that compared budgeted costs to actual
costs. Developed, implemented, modified, and document recordkeeping and
accounting systems, making use of current computer technology. Prepared forms and
manuals for accounting and bookkeeping personnel, and directed their work
activities. Worked with Internal Revenue Service agents during their performance of
field work. Advised management about issues such as resource utilization, tax
strategies, and the assumptions underlying budget forecasts. Assisted in providing
internal and external auditing services for businesses and individuals.
EDUCATION FLORIDA INTERNATIONAL UNIVERSITY MIAMI, FL
Master of Science in Taxation (Graduated 2003)
Received a Masters Degree from the Chapman Graduate School of Business with
concentration in accounting and an area of specialty in tax policy. GPA 3.7
FLORIDA INTERNATIONAL UNIVERSITY MIAMI, FL
Master of Public Administration (Graduated 2000)
Received a Masters Degree from the College of Urban and Public Affairs with
concentration in Public Administration and an area of specialty in Urban Development
and Human Resources. GPA 3.7
FLORIDA INTERNATIONAL UNIVERSITY MIAMI, FL
Bachelor of Science in Communication (Graduated 1998)
Received a Bachelors Degree from the School of Journalism and Mass Communication
with concentration in Public Relations and a minor in Business
Riverol - 4 of 5
14515 Southwest 57'" Terrace
Miami, Florida 33183
Alfredo Riverol, CPA, Cr.FA, MPA, MST Office: 305 -387 -8500
Mobile: 305 - 588 -1850
ACCOMPLISHMENTS • Successfully passed the CPA Exam
• Successfully passed the Certified Forensic Accountants Exam (Cr.FA)
• Obtained QuickBooks ProAdvisor designation
• Successfully completed the Academy for Strategic Management presented by
Florida International University's Institute of Government
• Awarded the Leroy Levy Educational Fund Scholarship (2001 -2003)
• Awarded the Kiwanis International President's Award
• Successfully tackled the rigorous pressures of meeting deadlines in a stressful
environment
• Ability to utilize effective verbal, written, and interpersonal communication skills.
SKULLS - Bilingual (Fluent in oral and written English and Spanish)
- Strong organizational and computer skills
- Windows XP, Vista and 7, Microsoft Word, Word Perfect, Excel, SPSS, File Maker
Pro, PowerPoint, Peachtree, QuickBooks, Quicken, TurboTax, RIA Checkpoint, CCH
Corporation
MEMBERSHIPS &c
• Member of the American Institute of Certified Public Accountants
COMMUNITY
• Member of the Florida Institute of Certified Public Accountants
SERVICE
• Member of the Florida Government Finance Officer Association
• Member of the American Society for Public Administration
• Past Member of the Miami -Dade City & County Management Association
• Past President of the Kiwanis of North Miami Beach -Sunny Isles Beach
• Currently a member of Kiwanis International
• Past member of Kids and the Power of Work (KAPOW) Lecturing Program
APPOINTMENTS
July 2002 - December 2006 City of North Miami Beach representative for Local
Mitigation Strategy Group
October 2001 -June 2002 City of North Miami Beach Revenue Committee
May 2006 —November 2006 Transportation Planning Council
Riverol - 5 of 5