Finance Director

About the role

The Finance Director is responsible for the overall leadership and management of the Finance & IT department including budgeting, financial planning, debt management, accounts payable and receivable, cash management, payroll, utility billing, business licensing and taxation, and information services.

Responsibilities

• Manages assigned staff and assures that department activities and operations follow State and Federal regulations, and City policies and procedures.
• Attendance at evening City Council meetings is frequently required.
• Creates an environment of trust and ethical management of City resources by prioritizing the following:
  • Stewarding community resources in such a way as to produce the best value for each tax dollar.
  • Advising and recommending approach in delivering fiscally sound solutions to citywide challenges.
  • Collaborating on fiscal challenges and long-term planning of service expansion and enhancements.
  • Encouraging actions and decisions through analysis that align with the City’s mission and core values.
• Makes up a member of the City’s Leadership Team, collaborating with the City Administrator, Mayor, City Council and other City departments on strategy and policy to ensure that the City’s mission and core values are incorporated into operational activities and services.

Requirements

• Responsible for all accounting, payroll, accounts payable, cash receipts, cash disbursements, cash management, and financial reporting: as well as the activities of the Treasurer’s office as prescribed by state law, including investment of City money and all debt administration.
• Serves as Chief Financial Officer and principal financial advisor to the Mayor, City Council and City Administrator; provides leadership, direction, and guidance in financial strategies and priorities; compiles, evaluates, and analyzes financial data; recommends and implements solutions; ensures financial activities and procedures are in compliance with all laws, policies, regulations, and accounting standards.
• Develops and directs financial plans and policies to meet City goals; interprets concerns, defines desired results, develops solutions, and determines scope and priorities of programs and special projects.
• Analyzes financial information on City operations, evaluates City's needs, and recommends financial resource requirements; reviews and monitors status reports and recommends appropriate actions; oversees the preparation of and presents financial forecasts and status reports to City Council through the Budget & Finance Committee; ensures effective communication of financial issues.
• Maintains oversight of Finance Department operations and internal financial controls; ensures the quality of the financial activities, services, and work products; prepares statistical analysis to evaluate trends and financial status; develops revenue and expenditure forecasts and recommends budget adjustments.
• Coordinates development of City budget and Capital Improvement Program (CIP), recommends funding allocations; monitors budget, revenue, and expenditure trends; and advises the Mayor, City Administrator, City Council, and department directors and other management personnel as necessary and appropriate.
• Serves as a member of the City Administrator's leadership team and participates in developing appropriate actions for a wide variety of interdepartmental and/or City-wide issues.
• Directs and coordinates the information technology (IT) services of the City. This includes responsibility for short and long-range planning of the City’s technical infrastructure to ensure that it supports current and future communication and compliance needs.
• Coordinates Finance department activities and issues with elected officials, outside agencies, boards, and commissions; interprets and explains City policies, procedures, rules, and regulations.

Qualifications

• Bachelor’s degree in finance, accounting, or related field AND at least eight years of progressively responsible senior management experience, including at least three years of direct supervisory experience OR equivalent education/experience.
• Prior related municipal government experience.
• CPA license.
• Working knowledge in accounting and payroll programs similar to those used by the City (Springbrook, PACE, Enterprise Justice).

Skills

• Knowledge of City organization, operations, policies, and procedures.
• Principles and practices of financial management, accounting, cash basis accounting and payroll administration.
• Proficient in accounting and payroll programs used by the City (Springbrook, PACE, Enterprise Justice).
• Pertinent Federal, State and local codes, laws, and regulations.
• Government Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and Government Finance Officers Association (GFOA) standards; recommended practices, policies, rules, and regulatory reporting requirements.
• Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Principles for Public Sector financial management, including payroll, treasury, grant funds, and public debt management.
• Sound knowledge of organizational, fiscal, personnel and supervisory practices and principles.
• Proficient knowledge of computers and applicable computer software applications, including specific knowledge of Microsoft Word, Excel, Access, Adobe, and Outlook.
• Modern administrative office procedures, methods, and equipment.
• Business letter writing and report preparation with proficient spelling and grammatical skills.

Knowledge, Skills, Abilities

• Knowledge of City organization, operations, policies, and procedures.
• Principles and practices of financial management, accounting, cash basis accounting and payroll administration.
• Proficient in accounting and payroll programs used by the City (Springbrook, PACE, Enterprise Justice).
• Pertinent Federal, State and local codes, laws, and regulations.
• Government Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and Government Finance Officers Association (GFOA) standards; recommended practices, policies, rules, and regulatory reporting requirements.
• Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Principles for Public Sector financial management, including payroll, treasury, grant funds, and public debt management.
• Sound knowledge of organizational, fiscal, personnel and supervisory practices and principles.
• Proficient knowledge of computers and applicable computer software applications, including specific knowledge of Microsoft Word, Excel, Access, Adobe, and Outlook.
• Modern administrative office procedures, methods, and equipment.
• Business letter writing and report preparation with proficient spelling and grammatical skills.

Essential Duties And Responsibilities

• Responsible for all accounting, payroll, accounts payable, cash receipts, cash disbursements, cash management, and financial reporting: as well as the activities of the Treasurer’s office as prescribed by state law, including investment of City money and all debt administration.
• Serves as Chief Financial Officer and principal financial advisor to the Mayor, City Council and City Administrator; provides leadership, direction, and guidance in financial strategies and priorities; compiles, evaluates, and analyzes financial data; recommends and implements solutions; ensures financial activities and procedures are in compliance with all laws, policies, regulations, and accounting standards.
• Develops and directs financial plans and policies to meet City goals; interprets concerns, defines desired results, develops solutions, and determines scope and priorities of programs and special projects.
• Analyzes financial information on City operations, evaluates City's needs, and recommends financial resource requirements; reviews and monitors status reports and recommends appropriate actions; oversees the preparation of and presents financial forecasts and status reports to City Council through the Budget & Finance Committee; ensures effective communication of financial issues.
• Maintains oversight of Finance Department operations and internal financial controls; ensures the quality of the financial activities, services, and work products; prepares statistical analysis to evaluate trends and financial status; develops revenue and expenditure forecasts and recommends budget adjustments.
• Coordinates development of City budget and Capital Improvement Program (CIP), recommends funding allocations; monitors budget, revenue, and expenditure trends; and advises the Mayor, City Administrator, City Council, and department directors and other management personnel as necessary and appropriate.
• Serves as a member of the City Administrator's leadership team and participates in developing appropriate actions for a wide variety of interdepartmental and/or City-wide issues.
• Directs and coordinates the information technology (IT) services of the City. This includes responsibility for short and long-range planning of the City’s technical infrastructure to ensure that it supports current and future communication and compliance needs.
• Coordinates Finance department activities and issues with elected officials, outside agencies, boards, and commissions; interprets and explains City policies, procedures, rules, and regulations.

Supervisory Responsibilities

• This position supervises assigned Finance and IT staff.

Preferred

• Master’s degree in related field.

City Benefits

• Earned Income Tax Credit (EITC)
• Flexible Spending Accounts (FSAs)
• Health Savings Accounts (HSAs)
• Life Insurance
• Long-Term Disability (LTD)
• Medical Insurance
• Retirement Plan
• Vision Insurance
• Work-Life Balance
• Employee Assistance Program (EAP)
• Professional Development Opportunities
• Community Service Days
• Wellness Programs
• Discounts on Local Services
• Flexible Work Arrangements
• Professional Associations Membership
• Continuing Education Credits
• Annual Performance Reviews
• Recognition Programs
• Professional Development Grants
• Professional Liability Insurance
• Disability Insurance
• Volunteer Time Off (VTO)
• Telecommuting Options
• Subsidized Parking
• Uniform Allowance
• Employee Discounts
• Employee Stock Purchase Plan (ESPP)
• Profit Sharing
• Retirement Matching Contributions
• 401(a) Retirement Plan with City Matching Contribution (Social Security Replacement Plan)
• 457 Deferred Compensation Plan (DCP)
• Employee Wellness Programs
• Flexible Spending Accounts (FSAs)
• Health Savings Accounts (HSAs)
• Life Insurance
• Long-Term Disability (LTD)
• Medical Insurance
• Retirement Plan
• Vision Insurance
• Work-Life Balance
• Employee Assistance Program (EAP)
• Professional Development Opportunities
• Community Service Days
• Wellness Programs
• Discounts on Local Services
• Flexible Work Arrangements
• Professional Associations Membership
• Continuing Education Credits
• Annual Performance Reviews
• Recognition Programs
• Professional Development Grants
• Professional Liability Insurance
• Disability Insurance
• Volunteer Time Off (VTO)
• Telecommuting Options
• Subsidized Parking
• Uniform Allowance
• Employee Discounts
• Employee Stock Purchase Plan (ESPP)
• Profit Sharing
• Retirement Matching Contributions
• 401(a) Retirement Plan with City Matching Contribution (Social Security Replacement Plan)
• 457 Deferred Compensation Plan (DCP)
• Employee Wellness Programs
• Flexible Spending Accounts (FSAs)
• Health Savings Accounts (HSAs)
• Life Insurance
• Long-Term Disability (LTD)
• Medical Insurance
• Retirement Plan
• Vision Insurance
• Work-Life Balance
• Employee Assistance Program (EAP)
• Professional Development Opportunities
• Community Service Days
• Wellness Programs
• Discounts on Local Services
• Flexible Work Arrangements
• Professional Associations Membership
• Continuing Education Credits
• Annual Performance Reviews
• Recognition Programs
• Professional Development Grants
• Professional Liability Insurance
• Disability Insurance
• Volunteer Time Off (VTO)
• Telecommuting Options
• Subsidized Parking
• Uniform Allowance
• Employee Discounts
• Employee Stock Purchase Plan (ESPP)
• Profit Sharing
• Retirement Matching Contributions
• 401(a) Retirement Plan with City Matching Contribution (Social Security Replacement Plan)
• 457 Deferred Compensation Plan (DCP)
• Employee Wellness Programs
• Flexible Spending Accounts (FSAs)
• Health Savings Accounts (HSAs)
• Life Insurance
• Long-Term Disability (LTD)
• Medical Insurance
• Retirement Plan
• Vision Insurance
• Work-Life Balance
• Employee Assistance Program (EAP)
• Professional Development Opportunities
• Community Service Days
• Wellness Programs
• Discounts on Local Services