What are the responsibilities and job description for the Finance Director position at Town of Johnstown?
The Finance Director manages all functions of the Finance department, under the direction of the Deputy Town Manager. The Finance Director is a highly responsible, professional position which involves the overall management and direction of the Town's Finance programs and activities. Considerable independent judgment, initiative, and personal integrity are essential for this position.
ESSENTIAL DUTIES AND RESPONSIBILITIES :
The following statements are illustrative of the essential functions of the job and do not include other nonessential or peripheral duties that may be required. The Town of Johnstown retains the right to modify or change the duties or essential functions of the job at any time.
- Ensures the financial stability of the Town through proper management of all funds by directing and participating in forecasting revenue, investment strategies, bond strategies, analysis, and evaluation of fiscal impact of operating alternatives, and the management of expenditure controls in coordination with budget management and department / division requests.
- Prepares financial statements for the organization, including but not limited to; the Statement of Net Position, Statement of Activities, Balance Sheet, Statement of Revenues, Expenditures and Changes in Fund Balance, Statement of Cash Flows, and supporting notes and supplemental schedules.
- Coordinates and manages bond issuance process for capital financing and refunding issues. This includes preparing financial and statistical data to support the process, reviewing and approving all bond closing documents and maintaining post-issuance bond compliance and submission of state and federal reports.
- Performs and / or supervises all accounting activity of the Town including monthly and annual financial reporting, budget preparation and monitoring, accounts payable, accounts receivable, reconciliations, and billing and collection for the Town's enterprise funds.
- Plans, directs, manages, supervises and coordinates the Finance Department's goals, objectives, policies, priorities, and work plan; assign projects and programmatic areas of responsibility; review and evaluate work methods and procedures, meet with staff to identify and resolve problems.
- Prepare clear, concise and comprehensive correspondence, reports, studies and other written materials.
- Develops, implements, and maintains financial policies and procedures with the review and approval of the Town Council.
- Directly supervises and is responsible for the functions of Finance personnel - currently 6 FTE.
- Participates as a member of leadership team and assists with strategic planning and assists with the development of long-range financial plans.
- Coordinates performance of annual Town audits and preparation of the Annual Comprehensive Financial Report (ACFR) within the time parameters of State law and debt covenants as well as meeting applicable authoritative standards for the Government Finance Officers Association for the Achievement Award of Excellence in Financial Reporting.
- Maintains productive working relationships within the department and with representatives of the community at all levels, including elected officials, staff, business, civic, and agency personnel, and citizen groups.
- Conducts research, prepares and presents studies, status reports, and proposed policies, plans, procedures and ordinances to the Town Manager and Town Council.
- Oversees the management of internal controls and ensures that state and national accounting standards are maintained.
- Provides oversight in the use of technology development and operations for the Town's primary financial systems and oversight to develop, implement, and maintain additional programs as needed to ensure streamlined processes, strong internal controls, enhance reporting and promote transparency.
- Under the direction of the Town Manager, manages the Town's budget process. Is responsible for the preparation of the proposed and final budget documents.
- Develops and provides written and oral presentations to the Town Council, boards and commissions, public and Town departments as needed.
- Analyze and make sound recommendations on complex accounting and financial issues, data and operations.
- Oversees the investment of Town funds.
- Manage and monitor lodging tax collections, developer agreements, sales tax collection, internal and external audit processes.
- Maintain the accounting records for the Library.
- Maintain reporting and financial compliance with other governmental and regulatory agencies.
- Assist in monitoring developments and legislation related to financial matters to ensure compliance of Town accounting procedures, evaluate their impact upon Town financial operations and programs, and make recommendations for policy and procedure improvements.
- Maintain financial compliance with grant requirements and monitor and manage financial grant files.
- Responsible for coordination, supervision and monitoring of assigned projects. Assist with special projects and perform related work as required.
- Other duties as assigned.
REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES
TRAINING AND EXPERIENCE :
WORKING ENVIRONMENT / PHYSICAL REQUIREMENTS
The physical demands here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to talk and hear, and to use hands to finger, handle, touch or feel. The employee is frequently required to stand, walk, sit, and reach with hands and arms. The employee is occasionally required to climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and / or move up to 10 pounds and occasionally lift and / or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and the ability to adjust focus. Most work is performed in a typical office setting. The noise level is usually moderate.
This position description is not intended to be an exclusive list of all of the requirements, duties, tasks, roles or responsibilities associated with the position. Nothing in this position description restricts the Town's ability to assign, reassign, or eliminate duties and responsibilities at any time. The Town is an at-will employer, and Town employees may be separated from employment at any time at the discretion of management.
The Town of Johnstown provides generous benefits including vacation, holiday, sick time, medical, dental, vision, life insurance, retirement plan contributions, and health savings accounts.
Application deadline : August 18, 2024
Expected Hiring Pay : $138,091 - $169,161, dependent on level of experience and qualifications.
Reasonable accommodation will be made to enable qualified individuals with disabilities to perform the essential functions.
The Town of Johnstown is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law or regulation. It is our intention that all qualified applicants be given equal opportunity and that selection be based on job-related factors.
Salary : $138,091 - $169,161