She takes the place of MeLinda Hite, who is retiring.
Etheridge comes to the city from Northampton County, where she was assistant finance director.
She currently lives in Roanoke Rapids.
Etheridge begins her new position on May 11.
“Ms. Hite has consistently demonstrated an exceptionally high degree of professional excellence. Her knowledge, total dedication to duty and willingness to assist in any capacity made her a valuable member of the city administration,” Scherer said in a statement. “I have no doubt Ms. Etheridge will continue this tradition of excellence and provide outstanding financial management and administration to the city.”