What are the responsibilities and job description for the Finance Director position at City of Yukon (OK)?
JOB
The Finance Director serves as the chief financial officer for the municipality, responsible for overseeing all financial operations, ensuring compliance with Oklahoma state laws and regulations, and maintaining the city's fiscal health. This position plays a critical role in developing and implementing financial strategies, preparing budgets, managing revenues, and ensuring accurate financial reporting.
EXAMPLE OF DUTIES
Budgeting and Financial ManagementPrepare, present, and manage the annual municipal budget in compliance with Oklahoma state statutes and municipal policies.Provide financial forecasts and analysis to support strategic planning and decision-making.Monitor budget performance, provide variance analysis, and recommend corrective actions as needed.Accounting and ReportingOversee accounting functions, including general ledger, payroll, accounts payable/receivable, and utility billing systems.Ensure compliance with the Oklahoma Municipal Budget Act, Governmental Accounting Standards Board (GASB) standards, and Generally Accepted Accounting Principles (GAAP).Prepare and submit annual financial statements and reports for audits and public review.Revenue and Tax AdministrationManage all municipal revenue streams, including sales tax, property tax, franchise fees, grants, and utility revenues.Oversee tax filings, collections, and distribution in accordance with Oklahoma Tax Commission guidelines.Evaluate revenue-generating opportunities and recommend strategies to enhance the city’s financial position.Financial Policy Development and ComplianceDevelop and enforce internal controls, financial policies, and procedures to ensure proper use and safeguarding of public funds.Stay informed of changes in Oklahoma laws, federal regulations, and best practices impacting municipal finance.Serve as the primary contact for state audits, bond counsel, and financial advisors.Debt Management and InvestmentsManage municipal debt, including bonds, leases, and other financing mechanisms, ensuring compliance with bond covenants and debt service obligations.Develop investment strategies to maximize returns while adhering to state and local investment policies.Prepare and manage capital improvement plans and funding strategies.Leadership and CollaborationSupervise finance department staff, including hiring, training, and evaluating performance.Advise the City Manager, Mayor, City Council, and other department heads on financial matters and policy impacts.Represent the city in financial discussions with external agencies, auditors, and the public.Attendance at work is an essential job function of this position.Perform any other related duties as required or assigned.
SUPPLEMENTAL INFORMATION
Master’s degree is preferred, Certified Public Accountant (CPA), Certified Public Finance Officer (CPFO) Certified Treasury Professional (CTP) or GFOA (Government Finance Officers Association) certification is strongly preferred.
The Finance Director serves as the chief financial officer for the municipality, responsible for overseeing all financial operations, ensuring compliance with Oklahoma state laws and regulations, and maintaining the city's fiscal health. This position plays a critical role in developing and implementing financial strategies, preparing budgets, managing revenues, and ensuring accurate financial reporting.
EXAMPLE OF DUTIES
Budgeting and Financial ManagementPrepare, present, and manage the annual municipal budget in compliance with Oklahoma state statutes and municipal policies.Provide financial forecasts and analysis to support strategic planning and decision-making.Monitor budget performance, provide variance analysis, and recommend corrective actions as needed.Accounting and ReportingOversee accounting functions, including general ledger, payroll, accounts payable/receivable, and utility billing systems.Ensure compliance with the Oklahoma Municipal Budget Act, Governmental Accounting Standards Board (GASB) standards, and Generally Accepted Accounting Principles (GAAP).Prepare and submit annual financial statements and reports for audits and public review.Revenue and Tax AdministrationManage all municipal revenue streams, including sales tax, property tax, franchise fees, grants, and utility revenues.Oversee tax filings, collections, and distribution in accordance with Oklahoma Tax Commission guidelines.Evaluate revenue-generating opportunities and recommend strategies to enhance the city’s financial position.Financial Policy Development and ComplianceDevelop and enforce internal controls, financial policies, and procedures to ensure proper use and safeguarding of public funds.Stay informed of changes in Oklahoma laws, federal regulations, and best practices impacting municipal finance.Serve as the primary contact for state audits, bond counsel, and financial advisors.Debt Management and InvestmentsManage municipal debt, including bonds, leases, and other financing mechanisms, ensuring compliance with bond covenants and debt service obligations.Develop investment strategies to maximize returns while adhering to state and local investment policies.Prepare and manage capital improvement plans and funding strategies.Leadership and CollaborationSupervise finance department staff, including hiring, training, and evaluating performance.Advise the City Manager, Mayor, City Council, and other department heads on financial matters and policy impacts.Represent the city in financial discussions with external agencies, auditors, and the public.Attendance at work is an essential job function of this position.Perform any other related duties as required or assigned.
SUPPLEMENTAL INFORMATION
Master’s degree is preferred, Certified Public Accountant (CPA), Certified Public Finance Officer (CPFO) Certified Treasury Professional (CTP) or GFOA (Government Finance Officers Association) certification is strongly preferred.