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Financial Planning Manager
2 months ago
GENERAL OVERVIEW OF THE POSITION
The Town of Palm Beach is a globally recognized destination celebrated for its remarkable beauty, quaint charm, and outstanding service standards. Our community comprises some of the world's most prominent individuals who choose Palm Beach for its exceptional quality of life. The Town is in search of a pivotal role to uphold its values of excellence and dependability in this unique environment.
Do you resonate with these values? Are you prepared for the challenge? Become an integral part of our organization.
The employees of the Town of Palm Beach are motivated by the vision to provide top-tier service through continuous improvement and a commitment to being the benchmark for others. Our workforce adheres to and is guided by the following principles:
• Respect for all individuals;
• Highest ethical standards;
• Collaboration and teamwork;
• Dedication to quality;
• Innovative spirit;
• Transparent and timely communication; and
• Personal accountability and responsibility.
If you align with these principles, consider applying to be part of our organization.
This is a highly accountable supervisory and professional role focused on budgetary and financial analysis, utilizing established procedures, regulations, and organizational policies to develop and execute the Town's budget. The work is conducted under general and executive oversight. Under the guidance of the Deputy Town Manager – Finance and Administration, assist department leaders in formulating budget requests and justifications by collecting, reviewing, verifying, and consolidating various narrative and statistical data; assessing budget requests for accuracy and compliance with established procedures and regulations; and comparing budget requests with previous year estimates and current operational reports. More complex tasks may be assigned to support the Deputy Town Manager – Finance and Administration.
KEY RESPONSIBILITIES
- Organizes and coordinates the development of the Town's annual operating budget and five-year capital improvement plans.
- Collaborates with the Deputy Town Manager – Finance and Administration, budget team, and departments to create and finalize departmental budget proposals.
- Monitors ongoing expenditures and revenues, preparing monthly financial reports.
- Develops a ten-year long-range financial forecast for most Town funds. Prepares preliminary and final budget documents adhering to GFOA guidelines for distinguished budget presentation awards. Prepares the Popular Annual Financial Report (PAFR) in accordance with GFOA award criteria.
- Ensures Town compliance with all State of Florida Truth in Millage (TRIM) procedures.
- Drafts budget amendment ordinances.
- Collaborates with engineering to aid in the formulation and oversight of the five-year Capital Improvement Plan (CIP) and budgets.
- Manages biweekly payroll for all Town personnel, including updating employee records, reviewing submitted time for compliance with Town policies, and ensuring accurate withholding payments. This includes annual special payrolls for vacation conversion and longevity/annual bonuses.
- Oversees monthly retirement payroll, including updating retiree records, timely application of COLA increases, and accurate withholding payments.
- Handles all necessary tax forms related to active and retiree payrolls, including but not limited to: state re-employment, Federal 941, 945, W-2, 1099-R, and 1095-C.
- Manages wage verifications and 13-week wage statements.
- Facilitates townwide training for staff regarding budgeting software and the budget process.
- Bachelor's degree from an accredited institution with major coursework in Accounting, Business, Finance, or a related field.
- A minimum of five years of experience in accounting, payroll, budgeting, and financial reporting; government accounting experience is preferred.
- One or more of the following certifications: CPA, CGFO, CPFO, CGFM is preferred.
- Understanding of budgeting and forecasting techniques, principles, and practices in public or private sectors.
- Proficiency in spreadsheets, word processing, graphics, and database management systems.
- Familiarity with business office practices and procedures, computerized budgeting, and accounting systems.
- Ability to operate general office equipment, including telephones, photocopiers, facsimiles, scanners, computers, and peripheral devices.
- Considerable knowledge of business English with strong skills in grammar, spelling, and punctuation.
- Ability to work independently or with minimal supervision.
- Excellent organizational skills with the ability to prioritize tasks and manage multiple projects and deadlines efficiently.