Director of Finance

Position Overview

The Director of Finance plays a critical role in partnering with the City’s leadership team in strategic decision making. The Director is responsible for the financial management of the City and will lead and develop a small staff to support finance, business planning and budgeting, and human resources. The work is performed under the direction of the City Administrator.

Essential Functions

• Serves as the Chief Financial Officer and City Treasurer;

• Oversees and leads the annual budgeting and planning process in conjunction with the Mayor, City Council and City Administrator; administers and reviews all financial plans and budgets; monitors progress and changes and keeps the Mayor, Council and leadership team abreast of the organization’s financial status;

• Oversees and works directly with employees involved in purchasing, accounts payable, payroll, utility billing, accounting, auditing, and revenue collection services and activities;

• Analyzes and presents financial reports in an accurate and timely manner; clearly communicates monthly and annual financial statements;

• Coordinates and leads the annual audit process, liaise with external auditors; assess any changes necessary;

• Provides financial planning and analysis, manages cash flow and forecasting, maintains internal controls for financial functions, prepares periodic financial reports and manages the City’s internal portfolio;

• Updates and implements all necessary business policies and accounting practices; develops the City’s overall policy and procedure manual;

• In conjunction with the City Administrator, oversees human resources including, hiring, compensation, benefits, and recruiting;

• Maintains the city’s asset management software;

• Performs other duties as assigned. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this position at any time.

Qualifications

• Superior technical skills in the application of principles and practices of general and governmental fund accounting;

• Ability to interpret, understand, explain, and apply city, state, and federal laws regulating City financial accounting, reporting, and recordkeeping; investment of funds; bond issuance; and loan financing;

• Knowledge of complicated financial analysis and short- and long-term forecasting;

• Knowledge of accounting and reporting software;

• Ability to effectively supervise, including knowledge of selection, training, and discipline processes;

• Commitment to training programs that maximize individual and organization goals across the organization including best practices in human resources activities;

• A successful track record in setting priorities; keen analytic, organization and problem-solving skills which support and enable sound decision making;

• Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders.

Acceptable Experience and Training

• Bachelor’s degree in accounting, business or public administration, or closely related field;

• Master’s degree in accounting, business or public administration, highly desirable;

• Three (3) years’ experience in accounting or financial management that includes supervisory responsibilities, preferably with a municipal organization;

• Knowledge of Generally Accepted Accounting Principles (GAAP), and Government Accounting Standards Board (GASB) pronouncements, highly desirable;

• Any equivalent combination of experience and training which provides the knowledge and abilities necessary to perform the duties of this job.

Licenses and Other Requirements

• Certified Public Accountant, highly desirable;

• Applicants must be able to pass a background and credit check.

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