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Please note: A full prospectus can be found here.
Closing: November 23, 2018
Salary Range: $120,000+ annually
The Finance Director oversees, directs, and participates in all activities of the Finance Department, including short- and long-term planning, development, and administration of departmental policies, procedures, and service; provides assistance to the City Manager/Deputy City Manager in a variety of administrative, coordinative, and analytical, capacities. Successful performance of the work requires knowledge of public policy, municipal functions and activities, including the role of an elected City Council, and the ability to develop, oversee, and implement projects and programs in a variety of areas.
Work is performed under the general supervision of the Deputy City Manager. Exercises general direction and supervision over professional, technical, and administrative support staff through subordinate levels of supervision.
Duties and Responsibilities
- Assumes full management responsibility for all Finance Department programs, services, and activities, including finance, budgeting, financial reporting, general accounting, and information technology.
- Develops, directs, and coordinates the implementation of goals, objectives, policies, procedures, and work standards for the department; establishes, within City policy, appropriate budget, service, and staffing levels.
- Plans, directs, and coordinates the Finance Department’s work plan; meets with management staff to identify and resolve problems; assigns projects and programmatic areas of responsibility; reviews and evaluates work methods and procedures.
- Manages and participates in the development and administration of the department’s annual budget; directs the forecast of additional funds needed for staffing, equipment, materials, and supplies; directs the monitoring of and approves expenditures; directs and implements adjustments as necessary.
- Selects, trains, motivates, and directs department personnel; evaluates and reviews work for acceptability and conformance with department standards, including program and project priorities and performance evaluations; works with employees on performance issues; implements discipline and termination procedures; responds to staff questions and concerns.
- Contributes to the overall quality of the department’s service by developing, reviewing, and implementing policies and procedures to meet legal requirements and City needs; continuously monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; assesses and monitors the distribution of work, support systems, and internal reporting relationships; identifies opportunities for improvement; directs the implementation of change.
- Plans, organizes and directs the activities of the Financial Services Department, including accounting and financial reporting, treasury operations, payroll, capital projects, grant administration, management, debt management, internal audit, risk management, deposit operations, purchasing, and warehouse operations.
- Advise and assist elected City Council, City Manager, appointed committees, and other departments with the development and implementation of all financial matters.
- Consult with City departmental and other administrators on matters of fiscal and budgetary management and control.
- Coordinate and assist external auditors and prepare the City’s Comprehensive Annual Financial Report.
- Oversees grant management, compliance and reporting program
- Analyze current operating expenditures and estimate future expenditures, revenues, and fund balances/retained earnings.
- Presents reports and recommendations during governing board meetings.
- Analyze problems; identify potential solutions; project consequences of proposed actions; and implement recommendations to support City Council and/or department goals.
- Manages the City’s investment portfolio; ensures that investments meet the City’s policy guidelines and that adequate cash is available to meet obligations; prepares periodic reports regarding investments to the City Council.
- Manages revenue collection programs including utility billing, tax assessments, subventions, license or user fees, and other sources.
- Coordinates the activities of the department with those of other departments and outside agencies and managing and overseeing the complex and varied functions of the department.
- Oversees cash flow analysis and monitor a comprehensive cash management program, including the investment of idle cash in permitted instruments.
- Administer and monitor capital financing program for municipal projects and facilities, including timely payment of debt service obligations and required compliance with various bond and debt covenants, State and federal grant and loan programs, and required secondary market disclosures.
- Participates in and makes presentations to the City Council and a variety of boards and commissions; attends and participates in professional group meetings; stays abreast of new trends and innovations in the field of Finance and other services as they relate to the area of assignment.
- Maintains and directs the maintenance of working and official departmental files.
- Monitors changes in laws, regulations, and technology that may affect City or departmental operations; implements policy and procedural changes as required.
- Prepares, reviews, and presents staff reports, various management and information updates, and reports on special projects as assigned by the City Manager.
- Coordinate and manage debt issuance process, including application for issuance, preparation of official statements, legal counsel, rating agencies, sale, and closing.
- Ensures that all work is performed in accordance with OSHA and City Safety Standards and Policies.
Knowledge, Skills, and Abilities
- Administrative principles and practices, including goal setting, program development, implementation, and evaluation, and supervision of staff, either directly or through subordinate levels of supervision.
- Organizational and management practices as applied to the analysis and evaluation of projects, programs, policies, procedures, and operational needs; principles and practices of municipal government administration.
- Principles and practices of governmental accounting, public finance administration and budgeting, auditing, reconciliation; Federal and State regulations and guidelines as they pertain to municipal finance; municipal taxation and revenue management.
- Public agency budgetary, contract administration, and City-wide administrative practices.
- Practices and techniques of automated and manual financial and accounting document processing and record keeping.
- Basic terminology, methods, techniques and practices of the operation and maintenance of computer servers, network systems, and personal computer hardware and software.
- Applicable Federal, State, and local laws, codes, and regulations.
- Principles and practices of employee supervision, including work planning, assignment, review and evaluation, and the training of staff in work procedures.
- Technical, legal, financial, and public relations issues associated with the management of Finance programs.
- Methods and techniques for the development of presentations, contract negotiations, business correspondence, and information distribution; research and reporting methods, techniques, and procedures.
- Record keeping principles and procedures.
- Modern office practices, methods, financial programs, and computer equipment and applications related to the work.
- English usage, grammar, spelling, vocabulary, and punctuation.
- Techniques for effectively representing the City in contacts with governmental agencies, community groups, and various business, professional, educational, regulatory, and legislative organizations.
Graduation from an accredited four-year college or university with major coursework in accounting, finance, public administration, or a related field and seven (7) years of increasingly responsible experience, including supervisory experience, preferably in municipal administration or in a finance office and at least four (4) years of government finance experience.
NC CPA or NC Certified Local Government Finance Officer or Certified Public Finance Officer required.
Master’s Degree in Public Administration and North Carolina governmental accounting experience preferred.