Finance Director

JOBPerforms difficult managerial and complex professional duties in planning, organizing, and directing the financial functions for the City. Distinguishing Features of the Class: An employee in this class 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 City policies and manuals. Work is performed under the supervision of the City Manager and is evaluated through conferences, reports, analysis of program accomplishments, feedback from other departments, and an independent audit of financial records.

EXAMPLE OF DUTIESEssential Duties and Tasks: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 city manager in preparing the general operating and capital improvements budgets; projects revenues; performs historical research on spending and trends in previous years; forecasts capital and financing schedules and cost estimates.Works with the Manager to direct the formulation of City financial policies and assists other departments with the development and implementation of financial systems.Directs the general accounting system for the City; 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 the ongoing administration of the budget, including revenues and expenditures, and coordinates activities and changes with City 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.Reviews budget system and financial conditions and develops methods of improvement.Oversees the preparation of monthly and annual financial statements as well as other reports on the City's fiscal condition.Monitors the preparation of monthly, quarterly, and yearly payroll reports.Assists external auditors with annual audits and prepares the Comprehensive Annual Financial Report.Coordinates underwriting, forecasting, and preparing the official statement for bond issues and other financing agreements; administers the debt service program for the City.Monitors grant agreements for financial and award compliance; directs the timing of draw-downs for expenditures; tracks capital project revenue and spending.Oversees purchase orders process.Manages receipt and investment of all City revenues; manages the meter reading, utility billing.Submits periodic statements of the city's financial condition to the city manager and the board; works with staff to prepare budget amendments.Additional Job Duties: Performs related duties as required.

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