Finance Director

Finance Director

City of Boone  

Boone, Iowa

About the City of Boone

Boone is the county seat of Boone County and home to about 12,500 residents. It sits in Central Iowa, roughly 15 miles west of Ames and 45 miles northwest of Des Moines, within the Ames-Boone Combined Statistical Area. The community is served by the Boone Community School District and Boone County Hospital, and residents have easy access to outdoor recreation at nearby Ledges State Park and along the Des Moines River valley. Boone has a long history as a railroad and commercial hub, and it remains the hometown of regional businesses with quaint downtown shops supported by an active Main Street program. People who live and work here value a close-knit community with the services and amenities of a larger region nearby. 

About the Opportunity

The City of Boone is searching for its next Finance Director to lead Boone's financial operations, including budgeting, forecasting, financial reporting, treasury management, and oversee payroll. Reporting to the City Administrator, this position protects the integrity of public funds through strong internal controls and serves as a trusted financial advisor to the Administrator and City Council. With approximately $47 million in infrastructure projects ahead, the Finance Director will play a key role in planning and forecasting for the City's future.

The City is looking for a hands-on, strategic leader who can develop a small but impactful team and use technology to improve financial systems and processes. 

KEY RESPONSIBILITIES TO ACHIEVE SUCCESS

The Key Accountabilities for the position include but are not limited to the following:  

Strategic Financial Planning & Budgeting

Prepare, present, and administer the annual operating and capital budgets with the City Administrator, including state-required reports. Develop long-range forecasts and financial models, and set revenue, debt, and investment strategy to support the City's growth. Work with department heads to build their budgets and hold spending to plan. Serve as a core member of the leadership team. 

Financial Operations & Audit and Compliance Management

Oversee general accounting, AP/AR, treasury, and utility fund finances, with strong internal controls and compliance with GAAP, GASB, and state and federal requirements. Coordinate the annual audit, manage post-issuance bond compliance, grant requirements, development agreements, and TIF, and oversee risk management and insurance. 

Financial Reporting 

Prepare monthly and periodic financial reports and present them to the City Administrator and City Council, serving as a trusted advisor and who communicates and interprets the numbers for Council members and staff. 

HR, Payroll, and Benefits Administration

Manage payroll in compliance with state and federal regulations, including COBRA, FMLA, FLSA, HIPAA, and ACA. Administer employee benefits and compensation systems, and develop HR policy in coordination with the City Administrator. 

Team Leadership and Department Engagement

Provide finance team leadership and oversight, including supervision and performance management, maintaining high levels of team engagement. Additionally, serve as a key liaison with other department leaders to ensure budget and planning efficiencies  and adherence. 

REQUIREMENTS OF THE POSITION

Education & Experience:

• Bachelor's Degree in accounting or finance required

• 5+ years of related experience in municipal government, or equivalent combination of education and training

Skills & Knowledge:

• Maintain strict confidentiality

• Excellent written and verbal communication skills

• Knowledge of personal computer programs/applications

• Ability to work independently and also effectively with others

 

COMPENSATION & BENEFITS

Competitive salary based on experience and qualifications

• Health, Dental, and Vision Insurance 

• Life Insurance

• Cafeteria Plan

• IPERS Pension

• 11 paid holidays 

• Sick and Vacation time

THE SEARCH 

Sagency, an executive search and leadership consulting firm, has been retained in the search for this Finance Director position.

Sagency consultants will review and evaluate all interested parties to help the hiring team review a final group for consideration. 

The search will be conducted in a professional manner and all potential candidates will be given consideration. Candidate conversations and information will be handled with great discretion and confidentiality. Sagency and the City of Boone are equal-opportunity employers.

If after reading this Opportunity Profile, you feel that your experience, skills, and passion are a good match for the organization and this role, we would like to engage with you. Please read below for the first part of the application and selection process.

The initial steps of the application and selection process: 

Step 1: Interested candidates complete the online application.

• Upload your resume

• The online application will be posted until the position is filled

Step 2: A Sagency Executive Search Consultant may schedule an initial phone call with qualified applicants.

Step 3: A Sagency Executive Search Consultant will schedule a 60-minute interview with select candidates.

Step 4: If you are selected and choose to move on to interviews with our client, you will be asked to complete an online assessment.

Step 5: First-round interviews with the client.  

Thank you for your time and interest in this role.