Closing: February 12, 2019
Salary Range: $88,650 – $109,758 annually
The Town of Fuquay-Varina is seeking a Finance Director. Fuquay-Varina, located in southern Wake County within 30 minutes of both downtown Raleigh and Research Triangle Park, is one of the fastest growing towns in North Carolina. The population reached 30,000 in July 2018 and is expected to approach 35,000 by 2020. Fuquay-Varina offers a rich quality of life, an extensive park system, two vibrant downtowns poised for significant new investment, and a commitment to maintaining and enhancing its historic charm and sense of place. The Finance Director plans, directs, organizes and administers a variety of fiscal and administrative functions including disbursement and accounting of revenues and expenditures, monitoring and administering the budget, accounting, purchasing, revenue collections, information systems, billing and payroll operations, customer services, and grant administration. The employee must exercise considerable independent judgment and initiative in planning and directing the fiscal control and procurement system. Work is performed in accordance with North Carolina General Statutes and State regulations governing the responsibilities of local government financial operations, local government purchasing, contracts and bidding, and Town policies and manuals. Work is performed under the supervision of the Town Manager.
- Plans, organizes, and directs the Finance Department including financial programs and operations, accounting, utility and miscellaneous accounts receivable billing, revenue collections, purchasing, fixed assets accounting, budget, investments, accounts payable, payroll, grant administration, and assessment levying; develops and implements departmental goals.
- Assists the Town Manager in preparation of the general operating and capital improvements budgets; projects revenues and performs historical research on spending and trends in previous years; forecast capital and financing schedules and cost estimates.
- Works with the Manager in directing the formulation of Town financial policies; assist other departments with the development and implementation of financial systems.
- Directs the general accounting system for the Town; maintains financial records for each department; maintains separate accounts for items of appropriation in the budget; monitors expenditures and obligations on accounts.
- Reviews and monitors ongoing administration of budget: monitors revenues and expenditures; coordinates activities and changes with Town departments.
- Manages the Finance Department staff and resources; prepares annual departmental budget; hires, trains, provides performance coaching and evaluation, staff communications, leadership, motivation, and work assignment; identifies and manages technology needs.
- Oversees the preparation of monthly and annual financial statements, and the preparation of other reports on the fiscal condition of the Town; monitors the preparation of monthly, quarterly and annual reports for payroll.
- Assists external auditors with annual audit and coordinates the preparation of the Comprehensive Annual Financial Report
- Coordinates efforts of underwriting, forecasting, and the preparation of the official statement for bond issues and other financing agreements; administers the debt service program for the Town.
- Monitors grant agreements for financial and award compliance; directs the timing of drawdowns for expenditures; tracks capital project revenue and expenditures.
- Approves purchase orders.
- Manages receipt and investment of all Town revenues; manages the meter reading, utility billing, collections and customer accounts function for the Town.
- Coordinates the levying of paving, water, sewer, and storm water assessments.
Knowledge, Skills, and Abilities
- Thorough knowledge of North Carolina General Statutes and of local ordinances governing municipal financial practices and procedures, purchasing of materials, supplies and equipment.
- Thorough knowledge of the principles and practices of public finance administration, including principles and practices of municipal accounting.
- Thorough knowledge of fiscal support activities such as purchasing, technology, payroll, and budget analysis and preparation.
- Skill in collaborative conflict resolution and customer service excellence.
- Ability to evaluate complex financial systems and formulate and install accounting methods, procedures, forms, and records.
- Ability to design and prepare analytical or interpretative financial statements.
- Ability to establish and maintain effective working relationships with the public, vendors, departmental heads, governmental officials, and with other Town employees.
- Ability to develop bid specifications and evaluate bids.
Education and Experience
- Graduation from a four-year college or university with a degree in accounting, finance, or business (required) and considerable experience in public finance administration including considerable supervisory experience; or, an equivalent combination of education and experience (required).
- Preference given to candidates with a CPA, Certified Local Government Finance Officer certification, or Master’s in Business or Public Administration.
- Minimum of 5 years’ experience in government finance.