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Position: |
Finance Director |
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Department: |
Finance |
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Reports To: |
City Manager |
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FLSA Status: |
Exempt |
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Pay: |
Salary from $121,876 depending on qualifications |
DESCRIPTION
The Finance Director is a senior leadership position, responsible for overseeing all financial operations, planning, and reporting activities. This role entails developing and implementing financial strategies, managing the annual budget, ensuring compliance with regulatory requirements, and providing leadership and guidance to finance department staff. The Finance Director plays a pivotal role in promoting financial stability, transparency, and accountability across the organization.
QUALIFICATIONS
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field is required.
- CPA/CGFO certification is preferred.
- 7+ years of progressively responsible experience in finance or accounting, municipal preferred, including 3 years in supervisory/management responsibility.
- Must possess a valid Driver's License at time of placement.
KNOWLEDGE, SKILLS, AND ABILITIES
- Knowledge of governmental accounting, budgeting, and financial reporting principles, including GAAP and applicable governmental standards.
- Knowledge of laws, ordinances, and regulations governing municipal finance, taxation, debt management, and investment of public funds.
- Knowledge of municipal budgeting processes, including operating and capital budgets, capital improvement planning, and multiyear financial planning.
- Knowledge of internal controls, auditing practices, and risk management related to municipal financial operations.
- Knowledge of modern financial systems and government ERP software, including related data processing and information technology concepts.
- Skill in preparing, analyzing, and interpreting complex financial statements, budgets, forecasts, and management reports.
- Skill in developing and administering the City's annual budget.
- Skill in performing advanced financial analysis, including trend analysis, cash-flow projections, and debt-capacity evaluations.
- Skill in overseeing core financial operations, including accounts payable, accounts receivable, payroll, utility billing, and cash receipting.
- Skill in using financial software, government ERP systems, and advanced spreadsheet tools (including complex Excel models).
- Ability to communicate complex financial information clearly and concisely, orally and in writing, to elected officials, staff, and the public.
- Ability to plan, organize, and direct the work of the Finance Department, including supervising and developing staff.
- Ability to analyze complex financial and operational problems, evaluate alternatives, and recommend practical, fiscally responsible solutions.
- Ability to prioritize multiple projects and deadlines while maintaining high accuracy and attention to detail.
- Ability to maintain a high level of integrity, professionalism, and ethical standards in financial management, handling confidential information, and maintaining compliance with regulatory requirements.
MAJOR DUTIES
- Develop and implement financial strategies, policies, and procedures to support the city's long-term financial goals and objectives.
- Oversee the development, monitoring, and management of the city's annual budget, including revenue forecasting, expenditure tracking, and budget variance analysis.
- Prepare and analyze comprehensive financial reports, statements, and summaries for internal and external stakeholders, ensuring accuracy, transparency, and compliance with regulatory requirements.
- Ensure compliance with auditing standards, regulatory requirements, and internal controls, and provide documentation and support for internal and external audits as needed.
- Conduct financial planning and analysis to support decision-making and resource allocation, including financial modeling, scenario analysis, and risk assessment.
- Manage cash flow, investments, and debt financing activities to optimize liquidity and financial stability.
- Oversee revenue collection, billing, and accounts receivable processes, ensuring accuracy, timeliness, and compliance with revenue recognition standards.
- Lead strategic financial initiatives and projects aimed at improving financial performance, efficiency, and transparency across the organization.
- Provide leadership, guidance, and mentorship to finance department staff, fostering a culture of accountability, collaboration, and continuous improvement.
- Collaborate with internal departments, elected officials, external agencies, and community stakeholders to communicate financial policies, initiatives, and outcomes effectively.
- Other duties as assigned.
This position is an essential service position and will require providing services during emergency situations.
Visit our website www.cityoflufkin.com or contact the Human Resources Department at Lufkin City Hall, 300 E. Shepherd Ave., Suite 226, Lufkin, TX 75901, Phone 936-633-0228
