Finance Director

Job Title: Finance Director

Department: Finance

Reports To: Town Manager

FLSA Status: Exempt

Pay Range: 80,000-110,000

Prepared Date: May, 2024

SUMMARY:

This is a highly responsible position in the Town’s finance department, which involves planning, directing, and implementing accounting and economic planning activities. Work is performed under the primary supervision and direction of the Town Manager. The Director of Finance is a crucial part of the Town’s leadership team and oversees all aspects of the finance department. The Director is responsible for various tasks such as budget preparation and monitoring, financial reporting, investment of public funds, annual audits, purchasing, cash management, bank relations, accounts payable and receivable, debt management, and coordination of assigned activities with other Town departments and outside agencies. These duties and responsibilities require attention to detail, accuracy, and time management skills. In addition, the employee must have strong organizational, documentation, economic, and accounting skills.

ESSENTIAL FUNCTIONS:

· Develop and implement financial strategies to support the goals and objectives of the organization.

· Oversee the accounting and financial reporting functions of the organization.

· Manage cash flow and financial risk, including developing and maintaining budgets, economic forecasts, and financial models.

· Monitor financial performance and report to senior management and other stakeholders regularly.

· Ensure compliance with accounting and tax regulations, as well as internal policies and procedures.

DUTIES AND RESPONSIBILITIES:

· Administers financial processes for the Town of Shelburne to include payroll, billing, and accounts receivable/payable.

· Monitors town financial records while assisting all departments in tracking against the annual budget

· Develop and implement financial strategies to support the organization's goals and objectives, working closely with senior management.

· Oversee the accounting and financial reporting functions of the organization, including accounts payable, accounts receivable, payroll, and general ledger.

· Manage cash flow and financial risk, including the development and maintenance of budgets, economic forecasts, and financial models.

· Monitor financial performance and provide regular reports to senior management and other stakeholders, such as board members or investors.

· Ensure compliance with accounting and tax regulations, as well as internal policies and procedures.

· Manage relationships with external stakeholders, such as banks, auditors, and tax authorities.

· Provide leadership and guidance to the finance team, ensuring they have the necessary resources and support to perform their duties effectively.

· Develop and implement internal controls and processes to ensure the accuracy and integrity of financial data.

· Analyze financial data and provide recommendations to senior management on strategies to improve financial and economic performance.

· Perform other duties as assigned by the Town Manager.

· Grant Management

Compiles the submissions of departmental budget requests; works with department heads, Town Manager, and others in understanding and developing budget documents; reviews requests and checks figures and submissions for accuracy; provides budget drafts and final budget documents for review; invests in public funds and reporting of investments; reviews and or prepares contracts and bids for the bid process; monitors expenditures; reviews purchases and requests for purchases for compliance with established purchasing requirements, policies, and procedures.

SUPERVISORY RESPONSIBILITIES

Supervises the work of assigned personnel, including assigning and reviewing work, providing guidance, and conducting performance evaluations.

EXCELLENCE IN THIS ORGANIZATION:

At the Town of Shelburne, we are committed to delivering excellence by exceeding our residents' expectations and continuously improving. We foster a culture of accountability, transparency, and collaboration, valuing the contributions of every team member. We take pride in our work and hold ourselves and each other to the highest standards of performance and integrity.

POSITION REQUIREMENTS:

Minimum Qualifications:

· Education: Bachelor's Degree in a related field (finance, accounting, economics, business administration)

· Five years experience in budgeting, financial management, and accounting

Desired Qualifications:

· Master's Degree in a related field.

· Supervisory/leadership experience

· Municipality experience

· CPA Certification

Experience:A minimum of 5 years of experience in financial management, accounting, or a similar role, knowledge of governmental accounting principles and practices, familiarity with budgeting and forecasting processes, ability to analyze financial data, strong leadership and communication skills.

WORKING CONDITIONS:

Employees in this position work primarily in an office environment with moderate noise levels and controlled temperature conditions. The work involves sitting for extended periods of time, using a computer and other office equipment, and occasionally lifting up to 25 pounds.

Physical Demands

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Please note: This is not an all-encompassing statement of this position’s responsibilities. While it attempts to be comprehensive, new responsibilities may be assigned to this position at any time.

ABOUT THE TOWN

Shelburne, Vermont, is a town in southwestern Chittenden County. It is nestled on the shores of beautiful Lake Champlain. Shelburne is a suburb of Vermont's largest city, Burlington, and lies 7 miles south of the city center. The population was 7,721 at the 2020 census. Established in 1763, Shelburne is home to many tourist attractions, including the Vermont Teddy Bear Factory, Shelburne Farms, Shelburne Museum, and many more. There are great places to eat, many things to see, shops, and beautiful scenery.

COMPENSATION:
FLSA: Exempt, Full-time (40 hours/week)
Salary Range: $80,000 to $110,000, commensurate with experience and education.

BENEFITS:

MVP Health & Vision Insurance:

Health: Platinum Plan – Premium paid at 90% by the Town, with the employee contributing the remaining 10%; or Gold 3 HDHP Plan – Premium paid 100% by the Town

(With either Plan, the Town also reimburses the employee for the first ½ of the annual deductible.)

Vision: Vision 1 (Voluntary) Plan – Premium paid by the employee.

NE Delta Dental Dental Insurance – Premium paid 100% by the Town

Reliance Standard Life and Long-Term Disability Insurance – Premium paid 100% by the Town

Retirement – through the Vermont Municipal Employee’s Retirement System

Vacation & Sick Leave Accrual – 8 hours vacation & 8 hours sick time accrued each month (increases after 5 years of employment with the Town)

Personal Leave – 24 hours yearly (based on hire date)

Paid Holidays – 13 per year

Gym Membership – Free membership at the Shelburne Athletic Club for employees. Spouses, significant others, or family members living under the same roof are entitled to 25% off membership rates.

APPLICATION PROCESS
Please submit your resume and completed employment application at (https://www.shelburnevt.org/237/Human-Resources) to Adam Backus, Town of Shelburne HR Assistant, abackus@shelburnevt.org.

The Town of Shelburne is an equal opportunity employerthat is committed to diversity, equity, inclusion, and a strong sense of belonging in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. The Town of Shelburne makes hiring decisions based solely on qualifications, merit, and organization needs at the time.

Job Type: Full-time

Pay: $80,000.00 - $110,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Tuition reimbursement
• Vision insurance

Experience level:

• 5 years

Schedule:

• 8 hour shift
• Monday to Friday

Experience:

• Accounting: 1 year (Preferred)

License/Certification:

• CPA (Preferred)

Ability to Commute:

• Shelburne, VT 05482 (Preferred)

Ability to Relocate:

• Shelburne, VT 05482: Relocate before starting work (Required)

Work Location: In person