Director of Finance
Required Education and Experience:
- Seven (7) years of progressively responsible municipal finance experience at a professional level, including at least five (5) years in a supervisory or management role with authority for program direction and budget administration.
- Bachelor's degree in Finance, Accounting, or Business Administration, or a closely related field.
- An equivalent combination of education and experience may be considered
- Master’s degree, MBA, or a closely related field.
- Certified Public Accountant (CPA)
- Valid Colorado Driver License and satisfactory driving record required
Summary
The Director of Finance directs and supervises the Accounting, Utility Billing and Municipal Court divisions and staff to ensure operational efficiencies. The Director of Finance oversees the preparation of the Annual Comprehensive Financial Report (ACFR). He/she provides oversight of the Town budget, payroll processing, financial planning, debt management, and Town investment programs. The incumbent is responsible for the collection, receipt, deposit, and disbursement of monies due to the Town and ensures that Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) pronouncements are followed and Town financial operations are in compliance. Under the Town Manager’s direction, the Director of Finance performs executive-level administrative and professional work in planning, organizing, coordinating, and managing the operation and functions of the Town’s Finance department.
Click the links to view the Town of Firestone Employee Benefits Guide and Employee Premium Guide.
Essential Duties and Responsibilities:
The list below is intended to illustrate the responsibilities of the position and is not all-encompassing. The Town may change these duties at any time.
- Oversees and directs the work performed by the Accounting, Utility Billing and Municipal Court division staff and determines best practices for the department
- Oversees and directs the compilation of operational and staffing financial information of the Town’s departments in the assembly and preparation for the annual budget
- Participates in discussions with Town Manager and Town Board on current revenue trends and forecasts to provide an accurate evaluation of department budget requests
- Plans, directs, organizes, and reviews general procedures of fiscal management, including accounting, budgetary control, revenue collection, special assessments, investment programs, purchasing, and budget preparation
- Oversees the preparation of accounting records; the compilation, review of, and official filing of reports with financial institutions in adherence to municipal/government reporting regulations
- Prepares summary reports of receipts and disbursements and documentation as required and supplied in treasury reports to the State
- Manages the Town’s investment program by compiling schedules for Town funds available for investment; works closely with financial advisors on projections and forecasts for the development of an investment plan
- Administers and oversees the performance of the Town’s short and long-term financial plans as adopted by the Town’s Board of Trustees
- Provides oversight of accounts payable and receivables and the preparation of payables, and the release of checks
- Administers and enforces the Town’s tax ordinances; conducts audits; determines tax liabilities as required; interprets and explains legal provisions, regulations, and procedures relative to taxation requirements
- Manages and oversees the work of the Accounting Manager and Municipal Court Manager
- Monitors, reviews, updates, and enforces the Town’s financial policies
- Provides overall supervision of payroll processes
- Meets with potential developers and prospective vendors concerning processes related to the purchase, sale, lease, rental, and disposition of Town services or real property
- Provides direction to assigned staff implementing the Board of Trustees policy and direction and ensures the Board of Trustees and Town goals are carried out
- Monitors municipal government practices, standards, regulations, and trends for changes that may impact the Town
- Creates, reviews and/or edits reports and statements prepared for the Board of Trustees and/or various committees and commissions
- Serves as the Town liaison for the Finance Committee
- Responsible for the annual preparation of the budget and ACFR
- Responsible for monthly financial statement preparation
- Responsible for quarterly financial reports and presentation of these reports to the Town Board
- Participates in ongoing training for personal and professional development
Knowledge, Skills, and Abilities:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The requirements listed below are representative of the knowledge, skills, and/or abilities required:
- Knowledge of all Generally Accepted Accounting Principles (GAAP)
- Knowledge of all Governmental Accounting Standards Board (GASB) pronouncements
- Knowledge of municipal finance administration and the State and Federal laws and policies governing municipal accounting activities and reporting functions
- Knowledge of computer use and advanced use of Excel, database use, and other financial reporting software systems
- Knowledge of budgeting, treasury management, and financial planning
- Knowledge of materials procurement and management
- Knowledge of local government, services provided by, and administration of those services
- Skilled in the preparation and delivery of public presentations
- Ability to extrapolate data for Accounting/Finance purposes
- Ability to understand and interpret complex financial information
- Ability to produce written documentation in an organized manner
- Ability to analyze and identify inaccuracies in financial reports
- Ability to develop or change work processes to meet changing needs
- Ability to use correct grammar, punctuation, and spelling in written correspondence
- Skilled in establishing and maintaining effective working relationships with other employees, the general public, and representatives of local, County, State, and Federal agencies
- Ability to negotiate and resolve complex issues
- Ability to utilize resource allocation in the coordination of people and resources
- Ability to work with confidential information
- Ability to supervise and engage employee work performance
- Excellent interpersonal skills
- Strongly self-motivated
- Demonstrated leadership and management skills
