Deputy Finance Director

1 week ago

Salt Lake City, United States City of South Salt Lake Full time
Job DescriptionJob Description

CITY OF SOUTH SALT LAKE

POSITION DESCRIPTION


Position Description: Deputy Finance Director

Department: Administration

Position Grade: 23

Supervisor: Mayor

FLSA Status: Exempt

Revision date: April 2024

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POSITION SUMMARY

The Deputy Finance Director is a highly responsible, professional, and technical position that reports to the Finance Director and is responsible for assisting the finance director in maintaining and reporting the accounting and financial functions of the city. The position requires the extensive use of experience and independent judgement in the determination of work methods, practices, policies, and procedures. The position also requires a strong ability to communicate complex information clearly and a firm working knowledge of advanced governmental and financial accounting principles.

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ESSENTIAL RESPONSIBILITIES AND DUTIES

  1. Assists the finance director in providing direction and technical supervision to all finance department personnel.
  2. Participates in the development, implementation, administration, review, and maintaining of city fiscal policies and procedures.
  3. Ensures that cash handling policies and procedures are compliant with state law and city policies.
  4. Assists with the preparation and completion of the annual City and Redevelopment Agency budgets and Annual Comprehensive Financial Report (ACFR).
  5. Assists in the execution of annual financial audits and various internal audits.
  6. Provides periodic financial information to the finance director, city council and the mayor, as directed by the finance director.
  7. Interacts with all city departments to provide information and guidance regarding financial policies and procedures.
  8. Prepares a variety of reports required by oversight agencies, including federal, state, and local governmental agencies.
  9. Assists in maintaining financial compliance of grant awards and donations.
  10. Maintains general and subsidiary ledgers from a variety of source documents and reviews same for completeness and accuracy.
  11. Assists with monthly, quarterly, and annual financial reconciliations, reporting, and closings; this may include bank reconciliations, adjusting and closing journal entries, and account audits.
  12. Assists with developing appropriate revenue forecasting and expenditure models and monitoring the financial condition of the City.
  13. Maintains knowledge of fund accounting, GASB, GAAP, FASB, Yellow Book, Circular 230, and other applicable codification.
  14. May be required to occasionally attend City Council meetings and present information to the City Council.
  15. Assists other staff members as needed. Cross-trained to perform job duties in all positions within the finance department.
  16. Interacts with city residents, staff, and stakeholders in a professional and authoritative capacity.
  17. Ability to work accurately and complete tasks on time. Ability to successfully work independently or in groups.
  18. Other job duties as assigned.

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MINIMUM QUALIFICATIONS

EDUCATION, EXPERIENCE AND CERTIFICATIONS

  • Graduation from an accredited four-year college or university with a degree in accounting, finance, or a closely related field. A master's degree is preferred.
  • CPA license or similar preferred.
  • A minimum of five years of experience in governmental accounting and/or directly relevant experience in accounting.
  • A minimum of two years in a supervisory or managerial position.
  • Must be able to pass a pre-employment drug test, background check, credit check, and driving record check.
  • Must be bondable and able to be BCI certified.

ESSENTIAL KNOWLEDGE, SKILLS, AND ABILITIES

  1. Experience and knowledge of governmental accounting procedures, fund accounting and GASB pronouncements and guidelines.
  2. Experience in federal and state payroll rules, regulations and reporting requirements.
  3. Knowledge of federal and state money management requirements.
  4. Ability to resolve complex accounting and financial problems and provide recommendations to management.
  5. Strong writing and oral communication skills, including English composition, spelling, and grammar. Ability to follow verbal and written instructions.
  6. Ability to analyze, research, and exercise professional skepticism, as well as independently identify and develop solutions to complex accounting challenges. Ability to exercise independent judgment and make sound decisions.
  7. Ability to establish and maintain effective working relationships with city officials, employees, and the public.
  8. Performing duties in a manner that demonstrates respect, integrity, courtesy, and kindness toward fellow employees, customers, and the public.
  9. Proficiency in the use of Microsoft Office Suite, accounting software, Adobe, virtual technology, and standard office machines, such as copiers, scanners, and 10-key machines.
  10. Ability to represent the city in a professional and positive manner.

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