Director of Finance

Salary: $5,471.20 min to $6,564.80 mid bi-weekly

GENERAL PURPOSE: Under limited supervision, performs complex management and technical duties as the Chief Financial Officer, with responsibility for maintaining fiscal stability and safeguarding the assets of the City; supervises assigned personnel, and assures that Department activities are in compliance with state and Federal regulations, and City policies and procedures. Provides supervision of Finance Department.

PRIMARY DUTIES AND RESPONSIBILITIES:
The following duties ARE NOT intended to serve as a comprehensive list of all duties performed by all employees in this classification, only a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties. Duties are subject to possible modification to reasonably accommodate individuals with disabilities.

• Serves as the principal financial advisor to the City Council and the City Manager; provides leadership, direction and guidance in financial strategies and priorities; evaluates and analyzes financial issues and policies, and recommends and implements solutions.
• Analyzes financial and resource information on City operations; evaluates City’s needs, and recommends financial resource requirements; reviews and monitors status reports, and recommends appropriate actions; prepares and presents financial forecasts and status reports to City Council, and assures effective communication of financial issues.
• Reviews City operations and determines financial resource requirements and goals; directs the preparation of statistical analyses to evaluate trends and project future financial status; develops short and long range revenue and expenditure forecasts, and multiyear forecast models; evaluates revenue and expenditure trends, compares to budget and projections, develops financial impact analysis, and recommends budget and planning adjustments.
• Directs Finance Department operations; assures the quality of the financial activities, services and work products; directs the Finance staff; plans, prioritizes and assigns tasks and projects; monitors work, develops staff skills, and evaluates performance; meets regularly with staff to discuss and resolve workload and technical issues; develops work plans, and assures required deadlines are met; reviews work and verifies the accuracy of financial records.
• Monitors Department operations to identify and resolve problems; evaluates services to assure they are meeting goals; establishes internal financial controls, and assures the financial activities and procedures are in compliance with all laws, policies, regulations and accounting standards.
• Directs external financial reporting, preparation of financial statements, and development of the Annual Comprehensive Financial Report (ACFR); oversees the City’s banking, bond rating and investment activities; identifies and coordinates resources required to achieve goals; interprets laws, rules, regulations and guidelines for financial procedures.
• Directs development of budget; monitors budget and financial variables, revenue cycle and expenditure trends; reviews and verifies journal entries and bank reconciliations.
• Represents the Finance Departments to elected officials, boards and commissions, and outside agencies; interprets and explains City policies, procedures, rules and regulations.
• Maintains professional level of confidentiality concerning matters of a sensitive and official nature, i.e., documents, correspondence.
• Maintains the integrity, professionalism, values and goals of the city by assuring that all rules and regulations are followed, and that accountability and public trust are preserved.
• Cooperates with co-workers professionally to accomplish work efficiently and effectively.
• Has regular, predictable attendance; attendance is a factor in continued employment with the City.
• Performs other duties as assigned or required.

• Bachelor’s Degree in Accounting, Finance, Business Administration; AND five (5) years of experience in government accounting and budgeting, including two years of supervisory experience; OR an equivalent combination of education and experience.

Required Licenses or Certifications:

• Must possess a valid Texas Driver’s License
• Certified Public Accountant (CPA) license from Texas State Board of Public Accountancy is preferred; training and certification on Public Funds Investment Act, §§ 2256.001-.055 is required; additional technical certifications and training may be required.

Required Knowledge of:

• City organization, operations, policies and procedures.
• Government Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and Government Finance Officers Association (GFOA) standards, recommended practices and policies, rules and regulatory reporting requirements.
• Generally Accepted Accounting Principles and Generally Accepted Auditing Principles related to Public Sector financial management.
• Legal, ethical and professional rules of conduct for municipal finance officers.
• Public Sector accounting and budgeting principles, including treasury and public debt management.
• Principles and practices of administrative management, including personnel rules, procurement, contract management, risk management and employee supervision.
• Record keeping and file maintenance principles and procedures.
• General ledger reconciliation standards.
• Business and personal computers, and spreadsheet software applications.

• Reading, interpreting, understanding and applying accounting standards and procedures, applicable Federal and state rules and regulations, and City policies and procedures.
• Analyzing City needs and prioritizing and promoting financial strategies to meet future needs.
• Analyzing and interpreting financial documents, and preparing complex financial reports.
• Analyzing financial issues, evaluating alternatives, and developing recommendations and strategies.
• Using initiative and independent judgment within established procedural guidelines.
• Presenting and defending complex financial reports and information in public meetings.
• Maintaining interrelated financial and technical records, and identifying and reconciling errors.
• Planning, organizing, and coordinating the work of Finance Department staff.
• Operating a personal computer utilizing standard and specialized software.
• Establishing and maintaining cooperative working relationships with co-workers and elected officials.
• Assessing and prioritizing multiple tasks, projects and demands.
• Effective communication, both verbal and written.

Physical Demands / Work Environment:

• Physical requirements include occasional lifting/carrying of five to twenty-five pounds; visual acuity, speech and hearing; hand and eye coordination and manual dexterity necessary to operate a computer keyboard and basic office equipment.
• Work is performed in a standard office environment.