Finance Director

Position Summary
The Finance Director is responsible for managing and overseeing Lake County’s financial operations. This includes supervising and performing a wide range of complex accounting, budgeting, financial reporting, and fiscal policy development functions to maintain the County's financial records and systems. The Finance Director ensures compliance with state and federal regulations, upholds the County's fiscal health, and supports transparent and strategic financial planning aligned with the County's goals and priorities. Responsible for all funds, grant funding, bonds, and other assets owned by the County. This position also includes supervisory and management responsibilities for financial staff members.

Essential Functions

• Develop, implement, and oversee the county’s annual budget, including revenue and expenditure projections.
• Manage cash flow, investments, and debt issuance to maintain the fiscal health of the County.
• Forecast and monitor financial trends and advise County leadership on fiscal policies and long-term financial planning.
• Annually develop 5-year capital improvement plans and operational budgets in collaboration with department managers, aligning with the annual budget process.
• Assist with the annual evaluation and fiscal projections for employee benefit programs, including health, life, dental, disability, and vision insurance.

2. Accounting and Financial Reporting

• Oversee all accounting functions, including accounts payable, purchasing, accounts receivable, payroll, grants management, and general ledger.
• Ensure accurate financial reporting in compliance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) guidelines.
• Prepare and present monthly, quarterly, and annual financial reports to the board of county commissioners, leadership, public, and other stakeholders.
• Complete special projects and assignments, as assigned by the Board of County Commissioners and the County Manager
• Oversee the reconciliation of all bank statements.
• Regularly reviews budget-to-actual reports and collaborates with department managers to ensure expenditures and revenues are aligned with adopted budgets.
• Management of ERP System (Tyler ERP Pro 10 experience preferred)
• Completion of CTF, HUTF, SEFA and coordination of the 2 CFR 200 Cost Allocation Plan

3. Audit and Compliance

• Coordinate and oversee audits to ensure compliance with regulations and municipal policies.
• Implement and monitor internal controls to safeguard assets, prevent fraud, and ensure transparency.
• Ensure adherence to all federal, state, and local laws, particularly concerning tax laws, grants, and public funds management.

4. Supervision and Leadership

• Lead, train, and supervise finance department staff, fostering an inclusive, collaborative, and professional work environment.
• Set department goals, provide motivation and performance feedback, and encourage professional development within the team.
• Serve as a financial advisor to the County Manager, Board of County Commissioners, and other department managers, providing expert guidance on financial matters.

5. Revenue and Debt Management

• Oversee revenue management, including property taxes, sales taxes, grants, permits, and other revenue sources.
• Manage County debt and maintain relationships with bond rating agencies, ensuring cost- effective borrowing and repayment.

6. Community and Stakeholder Engagement

• Represent the finance department in meetings and workshops with the Board of County Commissioners, County leadership, and the community to communicate financial plans, policies, and reports.
• Respond to public inquiries regarding County financial matters, providing transparency and building public trust.

Other Duties
Please note this job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Core Competencies:

• Analytical
• Organized
• Leadership
• Communication
• Professional

Requirements

• • Bachelor’s Degree with a major in accounting or equivalent is required.
• CPA preferred or other governmental certification desirable.
• Minimum of five (5) years of progressively responsible experience in governmental finance or accounting, including two (2) years’ experience supervising two (2) or more staff
• Valid Colorado driver license

Knowledge Requirements

• Comprehensive understanding of fund accounting, municipal finance and accounting principles, including full accrual and modified accrual governmental accounting systems.
• Expertise in Generally Accepted Accounting Principles (GAAP), governmental accounting regulations, and statistical and budgetary analysis techniques.
• Proficiency in modern practices for municipal budgeting, purchasing, treasury management, inventory control, and fixed asset accounting.
• In-depth knowledge of organizational and management practices for evaluating programs, policies, and local government operations.
• Awareness of recent developments, current literature, and resources in municipal finance administration.
• Expertise in Microsoft Office Suite, including Word, Excel, PowerPoint, and database development.
• Working knowledge of accounting software systems, office equipment, and standard business tools.
• High level knowledge of practices of administration and organizational development including goal setting and program budget development and implementation.
• Experience setting and monitoring departmental goals, understanding of program planning, human resource management, and supervisory principles.

Skill Requirements

• Strong analytical, critical thinking, and problem-solving skills for evaluating operations and developing actionable solutions.
• Exceptional written and verbal communication skills, with the ability to convey complex financial data into clear, accessible formats for diverse audiences.
• Proficiency in Public speaking, including the ability to deliver engaging presentations to elected officials, staff, and the public.
• High-level interpersonal skills to establish and maintain effective working relationships with professionals, public officials, employees, and the general public.
• Advanced decision-making and leadership skills to manage teams and respond to interpersonal challenges effectively.

Ability Requirements

• Plan, develop, and implement departmental goals, policies, and procedures to achieve organizational objectives.
• Conduct thorough research on applicable federal, state, and local laws, regulations, and best practices.
• Attend, participate, and speak in Leadership and Board of County Commissioners Meetings guiding participants on the best financial practices.
• Ability to collaborate with elected officials and government partners.
• Ability to meet multiple priorities and meet deadlines in a fast-paced, dynamic environment.
• Analyze complex issues, identify viable solutions, and implement effective action plans.
• Lead and coordinate finance office activities, fostering a high-performance and morale.
• Write professional reports, business correspondence, and procedure manuals with proper grammar, punctuation, and spelling.
• Cultivate a collaborative and adaptable working environment, demonstrating tact and professionalism under stress.
• Work independently or as part of a team to achieve organizational goals.

Physical and Environment Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to handle office tools and materials, lift, carry, or move up between 10-25 pounds, climb, balance, crawl, twist, stoop, kneel, bend, crouch and reach. This job requires speaking, hearing, and the ability to distinguish objects in low and bright light using visual capacity including peripheral vision, depth perception, color vision, and far and near acuity to perform responsibilities of the position. The ability to sit in front of a computer for significant periods of time is required.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disability to perform the essential functions. While performing the duties of this job, the employee is primarily in an enclosed, moderately quiet office environment with regulated temperatures.

EOE Statement

Lake County is an Equal Opportunity Employer (EOE). Qualified applicants are considered for employment without regard to age, race, color, creed, religion, sex, national origin, sexual orientation, disability, or veteran status. Assistance or accommodation during the application process due to a disability is available upon request.

Notice of Work Authorization Requirement

Applicants must be authorized to lawfully work for any employer in the United States. Lake County is unable to sponsor or take over sponsorship of an employment Visa.

Notice of Emergency/Disaster Responsibilities

All Lake County Employees may be required to work as a Disaster Service Worker when a local declaration of emergency or disaster is declared by the Board of County Commissioners. To be prepared for this role, all employees and emergency service function (ESF) leads will attend emergency management trainings and exercises as requested by the Director of Emergency Management. With advanced notification from OEM, employees will make reasonable efforts to attend training events in coordination with other employees and supervisors.

Other Duties

Please note that this job description does not intend to cover or contain a full comprehensive list of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Expected Duration of the Application Process

Due to the nature of the application and selection process for Lake County full-time positions, applicants can reasonably expect the application process to take a significant amount of time to complete before a decision is made to hire or not to hire. Typically, it takes approximately two (2) to four (4) weeks from the date of application to complete the entire selection process. The length of time it takes to complete the process can vary depending on a variety of factors. Please note that this is an estimated duration of the selection process.

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