Mayor Scott Announces Michael Moiseyev as Incoming Chief Financial Officer

Mayor Scott Announces Michael Moiseyev as Incoming Chief Financial Officer

Collection delivers seasoned and achieved finance leader to mayoral cupboard

Moiseyev Headshot

Baltimore, Md. – Friday, August 26, 2022 – Currently, Mayor Brandon M. Scott has introduced the employing of Michael Moiseyev as the new Chief Financial Officer, efficient Monday, Oct 3. The using the services of arrives as Director Henry J. Raymond prepares to retire on Thursday, August 31.

Reporting to Main Administrative Officer Christopher Shorter, Moiseyev will be accountable for the working day-to-working day funds of the City of Baltimore, including handling the city’s $4 billion annual budget. With extra than 20 years of skilled working experience in fiscal management, Moiseyev will serve as a strategic money advisor to CAO Shorter and Mayor Scott.

Moiseyev brings a wealth of understanding and working experience to Baltimore. He is currently the Deputy Commissioner for Finance for New York Town, a placement he has held considering the fact that 2019. In this role, Moiseyev is liable for handling a $3 billion budget and overseeing models in auditing, payment, earnings maximization, and revenue accounting/declaring. Moiseyev’s talent set is distinct to running infrastructure for massive businesses, and he’s successfully carried out guidelines that have assisted modernize City’s procedures and enhanced constituents’ encounters when they interact with Town providers. He appears to be forward to performing with his team, primarily people with front-line positions, to make sure that they are efficiently serving the individuals of Baltimore.

Prior to his current job, Moiseyev spent a lot more than a ten years with the New York City Place of work of Administration and Spending budget (OMB), where by he served as assistant director of OMB’s schooling portfolio, which bundled the price and money plans of the NYC Division of Schooling and the Town University of New York. He also served as device head of the OMB Training Expense group, where by he performed policy assessment and led a staff of analysts overseeing the NYC Division of Education’s price spending budget. He’s also served as the main fiscal officer and deputy commissioner of finance inside the Administration of Kids Services for New York City.

“The Town of Baltimore will be perfectly-served with a person who possesses the knowledge and awareness that Michael Moiseyev provides to this position,” reported Mayor Brandon M. Scott. “We are lucky to have had a really dynamic and successful leader in Henry Raymond, and we are enthusiastic to see how Michael will be able to proceed our perform to have sound economical solutions in this article.”

Moiseyev believes doing the job in town authorities is his contacting, and he appears to be like forward to providing significant-excellent support to the administration, which will ultimately advantage the people of Baltimore.

“I am honored and psyched to be part of Mayor Scott and the hardworking team he has assembled to serve the people of Baltimore,” Moiseyev mentioned, including that he believes the town is on powerful financial footing. “Baltimore essentially has a single of the ideal credit rating rankings in the state, which will save us money and lets investors to have the self-confidence that their cash is secure below. And, most importantly, people can know that the accountable stewardship of monies will carry on to be a priority for this administration.”

Moiseyev has a Learn of Community Administration diploma from Baruch College and a Bachelor of Science in Arithmetic from Carnegie Mellon College. He is excited to be a part of the Scott Administration, which he credits with having a thoughtful technique to budgeting and fiscal administration. He immigrated with his family to the United States from the Soviet Union in 1991. The relatives first settled in New York in advance of going to Pittsburgh, where Moisey graduated from large college.

Deputy Finance Director Yoanna Moisides will serve as Acting Main Finance Officer till Moiseyev’s official start out date. Moisides has served for over nine decades in different roles within the Office of Finance, including Chief of Employees and Deputy Director.