Finance Director

JOB TITLE: DEPARTMENT: DEFINITION:

Finance Director

City Hall

This position is responsible for the core financial functions and overall administration of the Finance department for the City of Morrow. This includes financial management, accounting, reporting, budgeting, payroll, procurement, internal auditing and financial record keeping.

the benefits such as insurance, and retirement. Manages all financial activities for the City of Morrow and directly supervised by the City Manager.

FUNCTIONS OF THE JOB/WORK PERFORMED:

• Plans, directs, and supervises City employees in the financial accounting department.

? Schedules, assigns, inspects, and evaluates work; instructs and trains in correct methods and procedures; monitors work on a daily basis.

? Directs the methods and procedures for all financial accounts, designates financial accounting records as may be deemed necessary with the authority to make changes in implementation and maintenance.

• Maintains the accounting, and budgetary systems which provide control of expenditures within all applicable guidelines, rules, regulations, legal constraints and budgetary controls.
• Directs and participates with independent auditors in annual audit of City financial transactions.

? Plans long range goals, objectives, organizational structure and overall financial direction of City departments.

• Provides direction and assistance to department staff and departments in the preparation and presentation of the City's annual budget, financial audit reports, revenue administration and treasury management, implementation of auditor recommendations, and development of Citywide policies and procedures.

? Provides technical advice, counsel and direction to the City Manager and department heads as necessary to ensure effective administration and implementation of City-approved policies, plans, procedures and systems; files various financial Federal and State reports.

? Prepares and reviews monthly, quarterly and annual balance sheets, and schedule of revenues and expenditures; presents report to City Manager.

? Researches financing options for the City and makes recommendations to the City Manager, Mayor and City Council.

? Invests municipal funds and closely monitors to maximize return within prudent guidelines for the City.

? Reviews the general ledger system for proper and timely entries and compliance with State and Federal regulations; prepares necessary reports.

? Develops and recommends annual department operating budget; monitors and administers approved budget; assists in development of and advises Mayor, City Council and City Manager on annual operating budget and capital expenditures.

? Approves invoices for payment.

? Trains staff on changes in regulations, information systems and general accounting principles as related to each function within the Finance Department as needed.

? Implements and installs all changes to financial reporting system, as required.

? Represents the City at various functions including community functions and business meetings with other organizations.

? Works with the public regarding City finances and collections; explains and enforces City policies and procedures regarding finances.

? Performs other related duties as assigned, necessary or required.

REQUIRED KNOWLEDGE, SKILLS, ABILITIES AND QUALIFICATIONS:

Knowledge of:

? Government accounting, utility accounting, fixed assets accounting, finance, budgeting and auditing principles, procedures and techniques.

? Principles and practices of public financial administration, including budget preparation.

? Statistical methods, techniques and financial report preparation.

? Financial system design and analysis.

? Principles and practices of fund investing procedures and cash management.

? Administrative practices and principles including goal setting, program budget development and implementation.

? City ordinances, City investment policies and bond agreements, property tax allocation, Federal and State payroll taxes and laws governing local governments.

? General office procedures, policies and equipment; and groups.

Skills in/Ability to:

• Effective and clear oral and written communications about the City's finances to individuals Ability to interpret and apply related Federal, State and local laws.
• Apply sound administrative and fiscal practices.
• Write clear, comprehensive explanatory texts to accompany financial reports.
• Prepare accounting/financial data projections.
• Present ideas effectively orally and in writing.
• Supervise the work of departmental staff including; coordinating, assigning, monitoring, and evaluating work; hiring, training, counseling, and disciplining staff; and processing grievances.
• Establish and maintain effective working relationships with staff, other City employees/ departments, City officials, and the public.
• Act as a financial advisor to the Mayor and City Council.

Qualifications:

• Bachelor's degree required in Accounting Finance, Business Administration or closely related field; degree preferred; minimum of seven years of progressively responsible financial management experience, with a minimum of three(3) years in an upper supervisory management position; equivalent combination of education and experience.