Finance Director, City of Kannapolis (closes 1/8/21)

Closing: 1/8/21
Hiring Range:  $85,495 – $132,518 annually

General Statement of Duties:

Plans, organizes and directs the activities and programs of the Finance department; is responsible for the overall administration of financial activities for the city; advises management and city council on financial and accounting matters, and performs related duties as required.

Distinguishing Features of the Class:

The Finance Director, as chief fiscal officer of the City, plans, installs and maintains a central accounting system, including pre-audit and other financial controls.  This employee directs, supervises and coordinates the activities of the Accounting and Payroll functions.  Ensures that all City revenues are collected and that all idle cash is invested.  This employee advises department heads and the City Manager in the review of estimates and the preparation of the budget and assists in the development of short and long-term financial planning and analysis for the City.  The Finance Director provides the City Manager with timely and informative financial reports and statements.  This employee is responsible for debt management of the City including negotiation with banks for the borrowing of funds and the filing of necessary applications with the local government commission as well as the preparation of related resolutions and project ordinances for the City Council.  The work of the Finance Director is reviewed through conferences with the City Manager and through independent post audits.

Essential Job Functions:

  • Advises the City Manager, Mayor, Council and department heads and others on matters pertaining to finance, costs, budget, procedures and operations analysis.
  • Oversees development and preparation of the annual budget and financial report, capital improvement and grant project budgets, and other regular and special financial reports for Federal, State and local authorities as prescribed by law.
  • Prepares financial statements, cost reports and statements of receipts and expenditures at regular intervals for use by the City Manager and other operating officials;
  • Compiles statements of current operating and capital outlay expenditures for use by the City Manager in preparing budget estimates;
  • Plans, organizes and directs the activities of the Finance Department; establishes departmental goals, objectives and work plans.
  • Oversees all financial, accounting, and internal control systems for the city; ensures compliance with the annual budget, capital improvement and grant project budget ordinances; oversees budget amendments as necessary.
  • Oversees receipt and deposit of all funds accruing to the city and supervises the disbursements of all City funds; validates the disbursement of all City funds in accordance with officially established procedures.
  • Maintains files of City bonds and insurance policies;
  • Directs the maintenance of a central accounting system for the City government and its agencies in a manner consistent with established and accepted municipal accounting principles and practices, and in sufficient detail to produce adequate cost, financial and statistical data for management purposes and to meet statutory requirements;
  • Ensures that financing is in place for capital projects and/or equipment purchases where borrowed funds are necessary to finance such projects and/or equipment purchases;
  • Maintains a system of control to ensure that expenditures do not exceed budgetary appropriations;
  • Performs analysis of revenue sources and projections, anticipated expenditures, and economic forecasts.
  • Manages the city’s debt financing program; reviews investment options and strategies; determines the program and administers the investment of city monies.
  • Advises department heads on preparation of budgetary estimates; assembles these estimates and confers with the City Manager in the preparation of the budget.

Job-Related Physical Activity Requirements:

This position involves sedentary work requiring the employee to occasionally exert up to 20 pounds of force to move objects.  Physical activity related to this position may include fingering, talking, and hearing.  Sufficient visual acuity is required to prepare and analyze data and figures, perform accounting functions, do extensive reading, and use a computer terminal.  An employee in this position will not substantially be exposed to adverse environmental conditions.

Required Knowledge, Skills, and Abilities:

  • Comprehensive knowledge of general laws and administrative policies governing municipal financial practices and procedures.
  • Comprehensive knowledge of the principles and practices of public finance, budgeting, accounting and debt management.
  • Comprehensive knowledge of the special requirements pertaining to accounting and investment of government funds.
  • Thorough knowledge of relevant federal and state laws, city ordinances, and departmental policies and procedures.
  • Knowledge of the principles and practices of public administration.
  • Knowledge of government reporting and auditing procedures.
  • Knowledge of the principles and practices of manual and computerized financial information management.
  • Ability to plan, organize, direct, supervise and evaluate the activities of a centralized financial services department.
  • Ability to understand, interpret, apply and explain laws, regulations, policies and professional practices and advise the City Manager on the formulation of fiscal policy.
  • Ability to analyze, identify alternative solutions and make and implement recommendations on complex financial matters.
  • Ability to prepare, present and explain informative financial reports.
  • Ability to establish and maintain effective working relationships with departmental staff, management, government officials and the general public.

Acceptable Experience and Training:

Any combination of education and/or experience that provides the knowledge, skills and abilities necessary to satisfactorily perform the essential functions of the job.  Typical education and training would include possession of a Bachelor’s degree from an accredited college or university in accounting, economics, finance, public or business administration or a related field and a minimum of ten (10) years progressively responsible relevant work experience that included five (5) years experience working for a governmental entity providing accounting and financial services and at least three (3) years supervisory experience.  Possession of a Certified Public Accountant license and GFOA certification are highly preferred.  Possession of a Master’s degree is preferred but not required.  Prefer working knowledge of North Carolina Government Budget and Fiscal Control Act and the North Carolina Local Government Commission.  Must be able to be bonded.

Supplemental Information:

Department: Finance
Hours of Work: 40 Hours per week
Return completed City Employment Application to:
City of Kannapolis – Human Resources
401 Laureate Way
Kannapolis, NC   28081