Assistant Finance Director

4 weeks ago

Faribault, United States City of Faribault Full time

PRIMARY OBJECTIVE OF POSITION The Assistant Finance Director is responsible for the supervision and performance management of highly technical and detailed accounting work related to the overall organization, including the Economic Development Authority (EDA) & Housing Redevelopment Authority (HRA).

This position is accountable for performing high-level general accounting duties, treasury & debt management, and complex analytical work in the preparation of the annual audit, budget, and 5-year capital improvement plan. ESSENTIAL FUNCTIONS Provides leadership and coaching through on-going review and feedback concerning department goals.

Supervises various operational areas including utility billing, accounts receivable, and accounts payables.

Ensures effective and efficient operations in these areas.

Directs the daily activities of the Finance Department staff.

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.

Provides direction and key support for all financial functions of the City, as well as process improvements.

This includes but is not limited to budget preparation, financial reporting, special assessments, claims and disbursements, general and utility billing, cash receipting, bank reconciliations, reporting of investments of municipal funds, capital asset management, as well as, risk and debt management.

Performs complex accounting functions.

Conducts financial, statistical, and analytical studies, including cost and rate analysis.

Prepares and assists in the preparation of financial and regulatory reports, statements and claims for reimbursement according to prescribed guidelines.

Reviews and reconciles account and fund balances.

Researches and analyzes financial data for internal and external customers.

Maintains the central general ledger accounting and financial reporting systems as well as subsidiary financial systems, including management of the chart of accounts in accordance with state reporting and regulatory requirements, and system securities.

Reviews, approves and posts revenues and expenditures, accounting controls, reconciliations, journal entries and other related activities for accuracy, completeness, and uniformity to rules, regulations, and laws.

Ensures all accounting records conform to generally accepted government accounting principles, and provide an accurate representation of the City’s financial condition.

Including management of the annual independent audit ensuring compliance as well as the preparation of the Annual Comprehensive Financial Report for the City including submission to the GFOA award program for excellence in reporting.

Coordinates the preparation of the City’s annual 5-Year Capital Improvement Plan (CIP) document that is approved by City Council.

Ensures annual updates to the CIP and proper reflection within the annual budgets.

Coordinates preparation of a variety of financial reports for use by outside entities; (e.g. State Auditor, State Finance Department, Rice County, Insurance Companies, and also including HUD reporting assistance.

Prepares and maintains various accounting and engineering schedules for engineering projects such as special assessments for projects, delinquent utility bills and certifications to the county annually.

Provides technical accounting assistance to internal and external customers on various financial issues.

Performs financial analysis and tracking related to capital projects, grants, loan programs and all other aspects as required for special projects.

Assists the Finance Director in developing, prioritizing and implementing department goals, in developing financial management strategies and policies, in managing financial risks for the organization, and in establishing and monitoring sensible internal controls.

Provides backup for the Finance Director as needed.

Assists in coordinating and supervising other finance projects and other duties as assigned or apparent. POSITION REQUIREMENTS Education:

Bachelor Degree in Finance, Accounting, or related field.

Experience:

Five or more years of progressively responsible experience in a government finance department or as a governmental auditor including supervisory experience.

Three years of experience with governmental accounting principles and Comprehensive Annual Financial Reports.

Three years of experience supervising employees with proven ability to manage a team while incorporating a degree of flexibility and being attentive to details.

Working knowledge of governmental accounting principles and related laws and regulations.

Equivalent combination of Career, education, and life experience may be substituted for these qualifications.

Desired Qualifications: Master’s degree in accounting, CPA license, or Certified Public Finance Officer (CPFO) designation. Experience with and understanding of municipal fund accounting. Experience with enterprise resource planning systems. Experience with Tax Increment Financing (TIF) District reporting. Experience or knowledge of Public Housing Agency or HRA financial processes. Highly collaborative with a communicative, team oriented and approachable management style.

Licenses or Certifications: Valid State Class D Driver’s License. #J-18808-Ljbffr

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