Finance Director

4 weeks ago

Morgantown, United States City of Morgantown Full time
Job DescriptionJob DescriptionDescription:

Position: Finance Director
Department: Finance
Employment Status:Permanent - Full Time - Exempt
Schedule: Monday-Thursday 7:00 am-5:30 pm
Compensation: Grade 14; Salary range starting at $80,405.04



POSITION SUMMARY

Works under the direction of the City Manager. Responsible for budgeting, financial reporting, revenue collection, cash and debt management, pension funds, TIF districts, and supervising the finance department staff. Works with city management, employees, Council and boards, tax and fee payers, vendors, and others on areas of responsibilities. Performs duties in compliance with City Code, State Regulations, and departmental policies and directives.

ESSENTIAL DUTIES - KNOWLEDGE – SKILLS - ABILITIES

  • Directs finance department and supervises Assistant Finance Director, Compliance Manager, and Municipal Court Clerk.
  • Trains, evaluates, disciplines, and hires new staff.
  • Promotes a consumer-friendly environment within the department.
  • Work closely with department managers on projects to build a culture of continuous improvement.
  • Directs monthly, quarterly, and annual financial reporting.
  • Reviews and approves monthly reports for all funds.
  • Prepares City annual report.
  • Oversees and reviews ClearGov and/or OpenGov financial transparency portals.
  • Makes presentations to City Council, boards, and other stakeholders as necessary.
  • Prepares and administers the City budgets and 5-year capital improvement plan.
  • Ensures compliance with WV State Auditor requirements and City Charter requirements.
  • Involves Department Heads and other stakeholders in process.
  • Provides strategic financial input to City Manager relating to revenues, expenditures, capital needs, and recommendations.
  • Prepares proposed and adopted final budget documents.
  • Directs the financial operations of the City by an established enterprise accounting system and by financial policies and procedures.
  • Approves all purchase orders and payment requests of $25,000 or more. Ensures budget appropriations and other requirements are met.
  • Handles cash management and manages banking relationships.
  • Oversees the investment of City funds.
  • Manages and administers all debt obligations of the City, Boards, and Commissions.
  • Works with bond placement agents and bond counsel on new bond issues, refunding bond issues, and other matters as necessary.
  • Plans for and makes recommendations on funding capital projects as needed.
  • Report to management and boards on bond status.
  • Directs financial grant obligations and receipts.
  • Oversees vehicle fleet management program.
  • Administers and financially manages the City’s five TIF districts.
  • Prepare TIF annual reports for submission to the WV Development Office.
  • Assists HR with the annual life and health insurance renewal.
  • Seek out cost control measures.
  • Project annual costs for premium calculations.
  • Meet with broker to track progress during year and plan for next open enrollment.
  • Directs property and liability insurance renewal and workers comp renewal.
  • Manage insurance relationship.
  • Facilitate underwriting visits and meetings.
  • Provide requested information for insurance renewals.
  • Make coverage recommendations as deemed necessary.
  • Manages and prepares for City-wide annual audit.
  • Oversees and manages internal controls to protect City assets.
  • Ensures City is in compliance with Generally Accepted Accounting Principles (GAAP) set forth by the Governmental Accounting Standards Board (GASB).
  • Serves as treasurer for each of the City’s three pension plans (Employee, Police and Fire).
  • Oversees and manages all administrative functions.
  • Reviews all new retiree pension calculations.
  • Prepare and certify annual reports and State surtax payment requests.
  • Attends and participates in all board meetings.
  • Serves as Ex-officio treasurer and financial advisor for BOPARC. Attend monthly board meetings providing financial updates. Provide financial guidance on capital projects and budget.
  • Serves as treasurer and financial advisor for the Morgantown Parking Authority.
  • Establishes and maintains written Financial Management policies and procedures.
  • Attends and participates in bi-weekly City Manager meetings and quarterly City leadership training.
  • Performs other work-related duties and projects as assigned by the City Manager and Assistant City Manager.
  • Ability to think strategically and analyze situations to understand the impact decisions will have on the City.
  • Thoroughness and meticulous attention to detail.
  • Ability to work as a team with other department heads and employees, staff, and other to complete projects and other duties.
  • Strong work ethic and diligent to deliver results with excellence.
  • Strong communication skills.
  • Computer proficiency.
  • Other duties as assigned.


WORKING CONDITIONS & PHYSICAL REQUIREMENTS

  • Minimal external work or occasional exposure to physically demanding, unpleasant, strenuous, and/or hazardous situations.

While performing the duties of this job, the employee is regularly required to type, file or lift office supplies up to 20 pounds. The employee is frequently required to sit, stand, talk and hear.


USE OF TECHNOLOGY & EQUIPMENT

Position provides routine consultation and technology support for everyday computer programming and/or software requests/questions to others in the organization; is an applications super user; or uses specialized software.

CONTACT & SUPERVISION

  • Position involves frequent internal and external contacts in which position acts as the spokesperson for the department and is authorized to make commitments of significant resources on behalf of the department.
  • Responsible for supervision of more than 10 employees.
  • Reports to the City Manager.

The City of Morgantown is an Equal Opportunity Employer. All applicants will be considered for employment without attention to race, color, religion, sexual orientation, gender identity, national origin, veteran or disability status.

Requirements:

MINIMUM REQUIREMENTS


Education:

  • Bachelor’s degree in accounting or finance.

Certification/License:

  • Certified Public Accountant or have an equivalent combination of education and experience.

Experience:

  • Minimum of 7 years of related experience.

PREFERRED QUALIFICATIONS

  • Master's degree in accounting or finance.
  • Expert user of Microsoft Excel, Work, and Outlook.

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