Minimum Qualifications:
- Education: Bachelor's Degree in a related field (finance, accounting, economics, business administration)
- Five years’ experience in budgeting, financial management, and accounting
- Master's Degree in a related field.
- Supervisory/leadership experience
- Municipality experience
- CPA Certification
This is a highly responsible position in the Town’s finance department, which involves planning, directing, and implementing accounting and economic planning activities. Work is performed under the primary supervision and direction of the Town Manager. The Director of Finance is a crucial part of the Town’s leadership team and oversees all aspects of the finance department. The Director is responsible for various tasks such as budget preparation and monitoring, financial reporting, investment of public funds, annual audits, purchasing, cash management, bank relations, accounts payable and receivable, debt management, and coordination of assigned activities with other Town departments and outside agencies. These duties and responsibilities require attention to detail, accuracy, and time management skills. In addition, the employee must have strong organizational, documentation, economic, and accounting skills.
Essential Functions:
- Develop and implement financial strategies to support the goals and objectives of the organization.
- Oversee the accounting and financial reporting functions of the organization.
- Manage cash flow and financial risk, including the development and maintenance of budgets, economic forecasts, and financial models.
- Monitor financial performance and report to senior management and other stakeholders regularly.
- Ensure compliance with accounting and tax regulations, as well as internal policies and procedures.
Duties and Responsibilities:
- Administers financial processes for the Town of Shelburne to include payroll, billing, and accounts receivable/payable.
- Monitors town financial records while assisting all departments in tracking against the annual budget.
- Compiles the submissions of departmental budget requests; works with department heads, Town Manager, and others in understanding and developing budget documents; reviews requests and checks figures and submissions for accuracy; provides budget drafts and final budget documents for review; invests in public funds and reporting of investments; reviews and or prepares contracts and bids for the bid process; monitors expenditures; reviews purchases and requests for purchases for compliance with established purchasing requirements, policies, and procedures.
- Develop and implement financial strategies to support the organization’s goals and objectives, working closely with senior management.
- Oversee the accounting and financial reporting functions of the organization, including accounts payable, accounts receivable, payroll, and general ledger.
- Manage cash flow and financial risk, including the development and maintenance of budgets, economic forecasts, and financial models.
- Monitor financial performance and provide regular reports to senior management and other stakeholders, such as board members or investors.
- Ensure compliance with accounting and tax regulations, as well as internal policies and procedures.
- Manage relationships with external stakeholders, such as banks, auditors, and tax authorities.
- Provide leadership and guidance to the finance team, ensuring they have the necessary resources and support to perform their duties effectively.
- Develop and implement internal controls and processes to ensure the accuracy and integrity of financial data.
- Analyze financial data and provide recommendations to senior management on strategies to improve financial and economic performance.
- Perform other duties as assigned by the Town Manager.
Supervisory Responsibilities:
Supervises the work of assigned personnel, including assigning and reviewing work, providing guidance, and conducting performance evaluations.