Mayor Bob DaSilva announced last week that the City of East Providence has hired Glenda Delgado as its new Director of Finance.

Delgado will be responsible for overseeing the city’s finance department while managing, coordinating and supporting finances throughout the city.

Before joining the City of East Providence, Delgado served as the controller for EMCAP Lending where she was responsible for all accounting and finance functions including month-end procedures of asset-based financing portfolio worth upwards of $35 million. In addition, Delgado consolidated annual GAAP audio, investor K-1’s, annual tax returns of EMCAP and its subsidiaries while also preparing annual 1099s and 1098s. Delgado also managed a $100 million line of credit facility with Goldman Sachs under a master repurchase agreement and deposit account control agreements.

Prior to her time at EMCAP, Delgado served as Assistant Controller for Rhode Island Housing where she oversaw Accounts Payable, Accounts Receivable, Housing Choice Voucher Programs (HCVP), along with other state and federal grants.

“Right now, there are a lot of positive things happening in our city,” DaSilva said in a press release. “Ms. Delgado brings more than two decades of expertise in both public and private accounting sectors, financial analysis, budgeting, forecasting and leadership.”

“Ms. Delgado’s extensive background in finance and history of reorganizing, streamlining and strengthening financial reporting make her an asset to this administration and City,” DaSilva added.

During the Nov. 12 meeting of the East Providence City Council, DaSilva also reported that the City’s departing finance director, Malcolm Moore, would stay on through the end of November to help with the transition.