Finance Director

Salary : $83,342.00 Annually

Location : Southport, NC

Job Type : Full-time

Job Number : 00059

Department : Finance

Opening Date : 02 / 04 / 2025

JOB SUMMARY

Performs managerial and complex professional duties in planning, organizing, and directing the financial functions for the City. An employee in this class plans, directs, organizes, and administers a variety of fiscal and administrative functions including disbursement and accounting of revenues and expenditures, monitoring and administering the operating and capital budgets, accounts receivable and payable, purchasing, billing and customer services, payroll and benefits administration, and grant accounting. The employee must exercise considerable independent judgment and initiative in planning and directing the fiscal control and procurement system. Work is performed in accordance with North Carolina General Statutes and State regulations governing the responsibilities of local government financial operations, local government purchasing, contracts, and City policies. Must be familiar with Governmental Accounting Standards Board (GASB) policies and accounting standards. Work is performed under the supervision of the City Manager and is evaluated through conferences, reports, analysis of program accomplishments, feedback from other departments, and by an independent audit of financial records.

ESSENTIAL JOB FUNCTIONS

• Plans, organizes, and directs the Finance Department including financial programs and operations, accounting, and miscellaneous accounts receivable billing, revenue collections, purchasing, fixed assets accounting, budget development and administration, investments, accounts payable, payroll and benefits administration, and grant accounting.
• Develops and implements departmental goals.
• Assists the City Manager in preparation of the general operating and capital improvements budgets, projects revenues and performs historical research on spending and trends in previous years, and forecasts capital and financing schedules and cost estimates.
• Works with the Manager in directing the formulation and writing of City financial policies.
• Assists other departments with the development and implementation of financial systems.
• Directs the general accounting system for the City, maintains financial records for each department, maintains separate accounts for items of appropriation in the budget, and monitors expenditures and obligations on accounts.
• Reviews and monitors ongoing administration of budget, monitors revenues and expenditures, and coordinates activities and changes with City departments.
• Manages the Finance Department staff and resources.
• Prepares annual departmental budget.
• Hires, trains, provides performance coaching and evaluation, staff communications, leadership, motivation, and work assignment.
• Plans and manages financial specialized technology and financial package software.
• Reviews budget system and financial conditions and develops methods of improvement.
• Oversees the preparation of monthly and annual financial statements and other reports on the City's fiscal condition and monitors the preparation of monthly, quarterly, and annual reports for payroll.
• Assists external auditors with annual audit and coordinates the preparation of the Comprehensive Annual Financial Report.
• Coordinates efforts of underwriting, forecasting, and the preparation of the official statement for bond issues and other financing agreements.
• Administers the debt service program for the City.
• Monitors grant agreements for financial and award compliance, directs the timing of drawdowns for expenditures, and tracks capital project revenue and expenditures.
• Approves purchase orders and signs checks.
• Manages receipt and investment of all City revenues.
• Advises the City Manager and Board on financial issues, submits to the City Manager and the Board monthly statements of the financial condition of the City, and works with staff to prepare budget amendments.
• Performs related duties as required.

KNOWLEDGE, SKILLS & ABILITIES

PHYSICAL DEMANDS

Must be able to physically perform the physical life functions of stooping, crouching, reaching, lifting, walking, fingering, talking, hearing, and performing repetitive motions.

Must be able to perform sedentary work exerting up to 10 pounds of force occasionally, negligible amount of force frequently, or constantly to lift, carry, push, pull, or otherwise move objects.

Must possess the visual acuity to prepare and analyze data and statistics, operate a computer terminal, perform accounting duties, and do extensive reading.

EDUCATION & EXPERIENCE

Graduation from a four-year college or university with a bachelor's degree in accounting or business and seven (7) years of experience in public finance administration including considerable supervisory experience; or an equivalent combination of education and experience. Preference given to candidates with a CPA, Certified Local Government Finance Officer, or master's in business or public administration.

This full-time position qualifies for our complete benefit package. Please visit the City's benefits page for details.

Salary : $83,342