Director of Financial Planning and Analysis

GENERAL RESPONSIBILITIES

This position reports to the Chief Fiscal Officer and is responsible for various planning, analysis, budgetary, and funding functions. This individual is responsible for overseeing the preparation of and adherence to operating and capital budgets; grant funding and compliance; financial analysis relative to operating revenue and expenses and capital projects; risk and insurance cost management; and investment support. This individual must exercise independent judgment in administering and managing complex funding processes.

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ESSENTIAL DUTIES AND RESPONSIBILITIES

Operating and Capital budgets

• Oversees annual development of the Town’s operating and capital budgets that align with the administration’s vision and goals.
• Develop a comprehensive understanding of town-wide departmental objectives; contribute to planning for the best use of available resources to ensure that budgets support these objectives while ensuring continual focus on efficiency improvements.
• Works with support staff to ensure daily budget management and periodic forecasting and reporting are performed as required.
• Analyzes current financial performance against historical data and forecasts;
• Identifies trends and makes recommendations for financial optimization.

Risk and Insurance Cost Management

• Oversees the financial aspects of the Town’s insurance portfolio and assists with claims management and audits.
• Develop, implement, and execute a plan to ensure appropriate risk management controls, systems, and financial policies and practices are in place.
• Assists in the areas of medical, other post-employment benefits (OPEB), and pension reporting to assist boards in their decision-making.

Financial Analysis and Reporting

• Partner with the Controller and develop and implement a robust monthly reporting and review process.
• Assists Human Resources with negotiations for assigned bargaining units, including preparing proposed cost-outs.
• Prepares highly complex and extensive financial, statistical, and narrative reports, some of which may be confidential in nature.
• Assists with internal and external audit processes and preparation of required financial reports.

• Ensures compliance with regulatory requirements, including filing and reporting to the State or other agencies.

Cash and Investment Monitoring:

• Partner with the CFO to develop and implement comprehensive cash planning and monitoring processes to minimize idle funds while adhering to investment policies and practices.

• Monitors investments, conducts comparative analysis, and creates performance reports.
• Analyzes trends to reduce financial risks associated with investment or spending decisions.
• Perform related duties and responsibilities as required or assigned.

The duties and job functions listed above are intended only as general illustrations of the various types of work that may be required. Specific statements of duties not included do not exclude them from the position if the work is similar, related, or a logical assignment. Job descriptions are subject to change by the Town as the town's needs and job requirements change.

KNOWLEDGE, SKILLS AND ABILITIES

• Ability to perform complex and highly sensitive labor-management and project work.
• Ability to deliver advanced data analysis of operational metrics.
• Ability to prepare financial presentations to assist decision-makers in achieving strategic goals.
• Knowledge of policy and practice as relates to the organizational needs of the Town and with applicable federal and state laws, Town Charter, and Town ordinances.
• Ability to develop and manage a team committed to, and with highly developed competencies in, customer service, results orientation, and teamwork.
• Ability to evaluate performance, hold employees accountable and recommend hiring, promotion, disciplinary action, and termination of personnel.
• Ability to ensure compliance with labor agreements, department policies, and local, state, and federal laws and regulations.

Qualifications

DESIRED QUALIFICATIONS, LICENSES and/or CERTIFICATIONS:

• Bachelor’s Degree from an accredited college or university with major coursework in Accounting, Finance, or a relevant field. Masters of Business Administration or Certified Public Accountant (preferred).
• Required: Experience in financial roles with advanced knowledge and experience with all financial planning and management phases.
• Finance/accounting analysis and reporting experience.
• Experience applying knowledge of accounting and reporting; or financial planning.
• Leadership experience working with executive and senior management levels and leading or participating on cross-functional teams or initiatives.
• Strong quantitative and analytical skills.
• High intellect with good commercial acumen and a creative approach to problem-solving.
• Strong analytical skills with the ability to work with complex, multi-faceted issues.
• Team player with proven team leadership and relationship skills.
• Strong project management experience; demonstrated ability to lead initiatives.
• Ability to perform successfully in a fast-paced, rapidly changing environment and manage multiple priorities and assignments concurrently.
• Advanced MS Office skills and working knowledge of enterprise financial systems.
• Proficiency in Excel (macros, pivot tables).

SCHEDULE

• Monday through Friday, 8:30am – 4:30pm

• $145,000 Annually

• FLSA exempt-managerial position