City of Faribault, MN
Finance Director
City of Faribault, MN, Faribault, Minnesota, United States, 55021
Salary:
$130,665.60 - $179,171.20 Annually
Location :
Faribault, MN
Job Type:
Full Time
Job Number:
00197
Department:
Finance
Opening Date:
09/27/2024
Closing Date:
12/31/2024 4:00 PM Central
Description
Performs a variety of complex and supervisory, professional, administrative and technical accounting and financial functions in maintaining the fiscal records and technology systems of the City. The position will remain open until it is filled.
Examples of Duties
Financial System Management and Security - Maintains the central general ledger accounting and financial reporting systems, including management of the chart of accounts in accordance with state reporting and regulatory requirements, and system securities. Responsible for user maintenance and access into the financial software. Budget - Responsible for the preparation of the annual City budget, including working with the City Administrator and City Council to establish budget priorities and direction; works cooperatively with departments to ensure budget-related work and requests are completed in a timely manner; presents the budget to the City Council and provides budget-related communications to the general public, employees, and other specific groups; responsible for proposing and reviewing budget amendments and tracking throughout the year to ensure effective and efficient use of budgeted funds, personnel, materials, facilities, and time. Capital Improvement Plan - Manages the five and ten-year Capital Improvement Plan (CIP), including the coordination with departments on entering and maintaining data in Plan-It software; presents the CIP as part of the annual budget process. Audit - Directs the preparation of the Annual Comprehensive Financial Report for external and internal use in accordance with generally accepted accounting procedures (GAAP) as established by the Government Accounting Standards Board. The position is required to work closely with the Assistant Finance Director in the preparation and review of audit work papers. Utility Billing - Oversees the utility billing process, including ensuring the monthly billing is completed on-time, collections on past due accounts through special assessment, and customer relations; annually updates the rate model for the utility funds to ensure rates are sufficient for operating and planning needs; participates in the Development Review Committee as it pertains to utility access and billing. Debt Management - Manages the City's existing debt and works with the City's financial advisor on new debt issuances, preparation of official statements and any other aspects of the City's existing or planned debt. Cash Management - Responsible for overseeing the investment of the City's funds to achieve the highest interest rate earnings; monitors cash flow and ensures accounts have adequate funds to pay for ongoing expenses of the City. Tax Increment Financing/Tax Abatement-
Provides financial management for the City's TIF districts and agreements and tax abatement agreements, including coordination on annual reports to be prepared by the City's consultant, ensuring agreements are correctly processed and internal loans documents are maintained. Financial Planning and Reporting - Develops financial studies, plans and policies and prepares resolutions and reports for the City Council, including utility rate studies; prepares forecasts and estimates on the financial condition of the City to assure future financial well-being; reviews and submits all state and federal reports. Internal Control - Establishes and maintains internal control procedures and assures state and national standard accounting procedures are maintained. Risk Management-
Responsible for the City's risk management program, including property and casualty insurance. Supervision - Directly supervises the Assistant Finance Director, Accounting Technician- Utility Billing, and Administrative Assistant; plans, prioritizes and assigns tasks and projects, monitors work, plans and coordinates professional development activities, as well as participates in selection process, evaluates performance, plans and coordinates professional development activities, and implements corrective action as necessary. Department Management - Provides leadership and direction for the development of short- and long-range goals for the department; ensures the Finance Department operates efficiently and effectively; adheres to and reviews and prepares financial policies; prepares and manages the Finance departmental budget; conducts regular staff meetings; provides oversight of accounts payable processing, accounts receivable, and general ledger management; provides back-up support for the Assistant Finance Director's as needed.
Typical Qualifications
MINIMUM QUALIFICATIONS
Graduation from an accredited four-year college or university with a Bachelor's degree in accounting, finance, or a closely related field. Seven (7) years of progressively responsible experience in finance administration or accounting, including a minimum of three (3) years in a supervisory capacity. An equivalent combination of education and experience may be accepted. A valid state driver's license. DESIRED QUALIFICATIONS Municipal government experience or private consulting experience working with local governments. Master'sdegreeinaccounting,CPAlicense,orCertifiedPublicFinanceOfficer(CPFO) designation. Experience with Tyler Technologies ERP Enterprise software. Highly collaborative with a team approach to problem resolution. Membership in GFOA and adherence to the GFOA Code of Ethics. NECESSARY KNOWLEDGE, SKILLS AND ABILITIES
Considerable knowledge of modern governmental accounting theory, principles and practices. Considerable knowledge of applicable Federal, State and local laws, rules and regulations. Considerable knowledge of internal control procedures. Considerable knowledge of public finance and fiscal planning. Considerable knowledge of payroll and accounts payable functions. Considerable knowledge of budgetary, accounting and reporting systems, GAAFR, GAAP, and GASB. Demonstrated ability to prepare and analyze complex financial reports; ability to maintain efficient and effective financial systems and procedures. Demonstrated ability to effectively supervise staff, establish and maintain effective working relationships with employees and city officials. Demonstrated ability to communicate effectively, both orally and in writing. Demonstrated ability in displaying tact and professional decorum relating to public officials. Possess personal and professional confidence to permit supervisors to function with latitude and thereby focus on the goals and objectives of the department.
Supplemental Information
TOOLS AND EQUIPMENT USED Personal computer (desktop and/or laptop), including word processing, spreadsheet, and database software, as well as numerous financial program applications; calculator; phone; copy machine; scanner; fax machine. PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions. While performing the duties of this position, the employee is frequently required to sit, talk, hear, read, use hands to finger, handle, feels or operate objects, tools or controls; and reach with hands or arms. The employee is occasionally required to walk and drive a car. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus. WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the environment is usually quiet. OTHER The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and the requirements of the job change.
In accordance with City policy and applicable law, the following deductions may be made from your payroll checks:
Federal and State withholding for taxes, Social Security, Medicare, pre-tax life insurance, garnishments, etc. Statutorily required PERA contributions (Public Employee Retirement Association). Insurance premiums for health, life, dental, STD, and other elected coverages. Elected contributions to deferred compensation, H.S.A. funding, and flexible benefit programs. Elected contributions to credit unions or other banks.
01
Have you worked in Municipal Government, in any capacity, and if so how many years of experience do you have?
02
Please describe the ERP systems you have experience with and amount of years with each system.
03
Are you a member of GFOA?
Yes No
Required Question
$130,665.60 - $179,171.20 Annually
Location :
Faribault, MN
Job Type:
Full Time
Job Number:
00197
Department:
Finance
Opening Date:
09/27/2024
Closing Date:
12/31/2024 4:00 PM Central
Description
Performs a variety of complex and supervisory, professional, administrative and technical accounting and financial functions in maintaining the fiscal records and technology systems of the City. The position will remain open until it is filled.
Examples of Duties
Financial System Management and Security - Maintains the central general ledger accounting and financial reporting systems, including management of the chart of accounts in accordance with state reporting and regulatory requirements, and system securities. Responsible for user maintenance and access into the financial software. Budget - Responsible for the preparation of the annual City budget, including working with the City Administrator and City Council to establish budget priorities and direction; works cooperatively with departments to ensure budget-related work and requests are completed in a timely manner; presents the budget to the City Council and provides budget-related communications to the general public, employees, and other specific groups; responsible for proposing and reviewing budget amendments and tracking throughout the year to ensure effective and efficient use of budgeted funds, personnel, materials, facilities, and time. Capital Improvement Plan - Manages the five and ten-year Capital Improvement Plan (CIP), including the coordination with departments on entering and maintaining data in Plan-It software; presents the CIP as part of the annual budget process. Audit - Directs the preparation of the Annual Comprehensive Financial Report for external and internal use in accordance with generally accepted accounting procedures (GAAP) as established by the Government Accounting Standards Board. The position is required to work closely with the Assistant Finance Director in the preparation and review of audit work papers. Utility Billing - Oversees the utility billing process, including ensuring the monthly billing is completed on-time, collections on past due accounts through special assessment, and customer relations; annually updates the rate model for the utility funds to ensure rates are sufficient for operating and planning needs; participates in the Development Review Committee as it pertains to utility access and billing. Debt Management - Manages the City's existing debt and works with the City's financial advisor on new debt issuances, preparation of official statements and any other aspects of the City's existing or planned debt. Cash Management - Responsible for overseeing the investment of the City's funds to achieve the highest interest rate earnings; monitors cash flow and ensures accounts have adequate funds to pay for ongoing expenses of the City. Tax Increment Financing/Tax Abatement-
Provides financial management for the City's TIF districts and agreements and tax abatement agreements, including coordination on annual reports to be prepared by the City's consultant, ensuring agreements are correctly processed and internal loans documents are maintained. Financial Planning and Reporting - Develops financial studies, plans and policies and prepares resolutions and reports for the City Council, including utility rate studies; prepares forecasts and estimates on the financial condition of the City to assure future financial well-being; reviews and submits all state and federal reports. Internal Control - Establishes and maintains internal control procedures and assures state and national standard accounting procedures are maintained. Risk Management-
Responsible for the City's risk management program, including property and casualty insurance. Supervision - Directly supervises the Assistant Finance Director, Accounting Technician- Utility Billing, and Administrative Assistant; plans, prioritizes and assigns tasks and projects, monitors work, plans and coordinates professional development activities, as well as participates in selection process, evaluates performance, plans and coordinates professional development activities, and implements corrective action as necessary. Department Management - Provides leadership and direction for the development of short- and long-range goals for the department; ensures the Finance Department operates efficiently and effectively; adheres to and reviews and prepares financial policies; prepares and manages the Finance departmental budget; conducts regular staff meetings; provides oversight of accounts payable processing, accounts receivable, and general ledger management; provides back-up support for the Assistant Finance Director's as needed.
Typical Qualifications
MINIMUM QUALIFICATIONS
Graduation from an accredited four-year college or university with a Bachelor's degree in accounting, finance, or a closely related field. Seven (7) years of progressively responsible experience in finance administration or accounting, including a minimum of three (3) years in a supervisory capacity. An equivalent combination of education and experience may be accepted. A valid state driver's license. DESIRED QUALIFICATIONS Municipal government experience or private consulting experience working with local governments. Master'sdegreeinaccounting,CPAlicense,orCertifiedPublicFinanceOfficer(CPFO) designation. Experience with Tyler Technologies ERP Enterprise software. Highly collaborative with a team approach to problem resolution. Membership in GFOA and adherence to the GFOA Code of Ethics. NECESSARY KNOWLEDGE, SKILLS AND ABILITIES
Considerable knowledge of modern governmental accounting theory, principles and practices. Considerable knowledge of applicable Federal, State and local laws, rules and regulations. Considerable knowledge of internal control procedures. Considerable knowledge of public finance and fiscal planning. Considerable knowledge of payroll and accounts payable functions. Considerable knowledge of budgetary, accounting and reporting systems, GAAFR, GAAP, and GASB. Demonstrated ability to prepare and analyze complex financial reports; ability to maintain efficient and effective financial systems and procedures. Demonstrated ability to effectively supervise staff, establish and maintain effective working relationships with employees and city officials. Demonstrated ability to communicate effectively, both orally and in writing. Demonstrated ability in displaying tact and professional decorum relating to public officials. Possess personal and professional confidence to permit supervisors to function with latitude and thereby focus on the goals and objectives of the department.
Supplemental Information
TOOLS AND EQUIPMENT USED Personal computer (desktop and/or laptop), including word processing, spreadsheet, and database software, as well as numerous financial program applications; calculator; phone; copy machine; scanner; fax machine. PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions. While performing the duties of this position, the employee is frequently required to sit, talk, hear, read, use hands to finger, handle, feels or operate objects, tools or controls; and reach with hands or arms. The employee is occasionally required to walk and drive a car. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus. WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the environment is usually quiet. OTHER The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and the requirements of the job change.
In accordance with City policy and applicable law, the following deductions may be made from your payroll checks:
Federal and State withholding for taxes, Social Security, Medicare, pre-tax life insurance, garnishments, etc. Statutorily required PERA contributions (Public Employee Retirement Association). Insurance premiums for health, life, dental, STD, and other elected coverages. Elected contributions to deferred compensation, H.S.A. funding, and flexible benefit programs. Elected contributions to credit unions or other banks.
01
Have you worked in Municipal Government, in any capacity, and if so how many years of experience do you have?
02
Please describe the ERP systems you have experience with and amount of years with each system.
03
Are you a member of GFOA?
Yes No
Required Question