Assistant Director of Finance

Salary: $4,084.00 min to $4,900.80 mid bi-weekly

Responsible for the City’s financial operations and programs. This includes, but is not limited to, directing the City’s financial reporting, accounting, accounts payable, accounts receivable, and financial planning. Directly Supervises the Accounting Division and assists the Director of Finance with Budget, Debt Programs, Purchasing, Municipal Court and Strategic Services Divisions as needed.

PRIMARY DUTIES AND RESPONSIBILITIES:

• Manages and directs the administration of the City’s accounting operations, which includes the oversight of the City’s financial system, INCODE, establishes and enforces financial policies, ensures adherence to Governmental Accounting Standards Board (GASB) pronouncements, produces monthly, quarterly, and year-end (Comprehensive Annual Financial Report) financial reports.
• Ensures proper internal financial controls are established and followed.
• Serves as the City’s liaison with external auditors, financial advisors, and bond counsel.
• Establishes and maintains accounts receivable processes for all receivables to the City, including the use of collection agencies, law firms, and other collection resources; manages and controls the accounts payable process for the City.
• Develops, monitors, and implements the cash management program for the City, including oversight of the City’s investment portfolio. Ensures strict adherence to the City’s Investment Policy and state investment laws.
• Serves as the liaison to the bank depository and oversees all banking relationships.
• Assists in debt management in the City, including oversight of debt planning, debt issuance, and preparation of official statements.
• Develops and implements financial statistical measures to evaluate the existing and future financial condition of the City; oversees and prepares cost-benefit, statistical, economic, market, and other analysis.
• Monitors state and federal legislative initiatives to analyze the effect of proposed legislation to the City of Corinth.
• Assists with planning, organizing, and directing activities related to the development, implementation, and oversight of the annual operating budget and capital improvement program.
• Develops the long-range financial forecast, monitors financial condition, and establishes plans to ensure continued financial solvency in conjunction with the financial forecast.
• Monitors and reports revenue trends; develops short and long-term revenue management strategies and recommends alternatives that achieve organizational goals.
• Maintains excellent customer service to both internal as well as external customers; communicates effectively, both orally and in writing, with small and large groups, management, media, citizens, employees, and City Council Members.
• Responsible for making presentations to the City Council and other groups concerning financial and budgetary information for the City.
• Responds outside of normally scheduled work hours in response to special events, natural disasters, emergencies, or critical incidents as determined by the City.
• Maintains the integrity, professionalism, values, and goals of the City by assuring that all rules and regulations are followed, and that accountability and public trust are preserved.
• Cooperates with co-workers professionally to accomplish work efficiently and effectively.
• Has regular, predictable attendance; attendance is a factor in continued employment with the City.
• Performs other duties as assigned or required.

• Bachelor’s Degree in Accounting, Finance, Business Administration, Economics or Public Administration;
• AND five (5) years progressively responsible experience in municipal finance, accounting, budgeting, and/or cash and debt management;
• AND supervisory experience;
• OR any combination of education, training, and experience which provides the required knowledge, skills, and abilities to perform the duties and responsibilities of the job.

Required Licenses or Certifications:

• Must possess a valid Texas Driver’s License.
• Training and certification on Public Funds Investment Act, §§ 2256.001-.055 must be obtained within a year of employment; additional technical certifications and training may be required.
• Certified Public Accountant (CPA) preferred; however, relevant experience may be considered in lieu of certification.

Required Knowledge of:

• City organization, operations, policies, and procedures.
• Government Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and Government Finance Officers Association (GFOA) standards, recommended practices and policies, rules and regulatory reporting requirements.
• Generally Accepted Accounting Principles and Generally Accepted Auditing Principles related to Public Sector financial management.
• Public Sector accounting and budgeting principles and procedures, including payroll, revenue, service fees, grants, and cost accounting.
• Principles of cash management, investments, municipal bond market, debt service and modern banking relationships.
• Public Works CIP project, budget, and contract management principles.
• Methods of financial forecasting and quantitative research.
• Record keeping and file maintenance principles and procedures.
• General ledger reconciliation methods and techniques.
• Business and personal computers, and specialized accounting software applications.
• Customer service standards and protocols.

Required Skill in:

• Reading, interpreting, understanding, and applying accounting standards and procedures, applicable Federal and state rules and regulations, and City policies and procedures.
• Analyzing and interpreting financial documents and preparing financial reports.
• Analyzing accounting issues, evaluating alternatives, and developing recommendations.
• Using initiative and independent judgment within established procedural guidelines.
• Managing complex budgets, maintaining interrelated financial and technical records, and identifying and reconciling errors.
• Interpreting complex data using spreadsheet software and quantitative analysis techniques.
• Reviewing and verifying mathematical calculations.
• Establishing and maintaining cooperative working relationships with co-workers and elected officials.
• Assessing and prioritizing multiple tasks, projects and demands.
• Effective communication, both verbal and written.

Physical Demands / Work Environment: 

• Physical requirements include occasional lifting/carrying of five to twenty-five pounds; visual acuity, speech, and hearing; hand and eye coordination and manual dexterity necessary to operate a computer keyboard and basic office equipment.
• Work is performed in a standard office environment.

Salary : $106,184 - $127,421