What are the responsibilities and job description for the Finance Director position at Town of Lake Park?
To perform this job successfully, an individual must be able to perform the essential job functions satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary job functions herein described. Since every duty associated with this position may not be described herein, employees may be required to perform duties not specifically spelled out in the job description, but which may be reasonably considered to be incidental in the performing of their duties just as though they were actually written out in this job description.
Department: Finance
Annual Salary Range: $118,452.72 to $189,524.36
Pay Grade: 170
FLSA Status: Exempt
Full Time
JOB SUMMARY
Under the direct supervision of the Town Manager, the Finance Director is responsible for the fiscal functions of the Town. The Finance Director oversees the Banking, Cash Management, Payroll, Accounts Receivable, Accounts Payable, Budget, Business Tax Receipts, Annual Comprehensive Annual Financial Report, Town Investments, Debt Management, General Ledger, and Internal Controls for all Funds. The Finance Director also provides leadership in short- and long-range plans of the Town and the Finance Department. The Finance Director maintains compliance with Town policies, state and federal requirements, internal controls, Governmental Accounting Standards Board (GASB), Government Finance Officers Association (GFOA), and Generally Accepted Accounting Principles (GAAP) rules and general best practices in financial management.
ESSENTIAL JOB FUNCTIONS
- Oversees daily supervision of Finance Department; supervisory duties include instructing; assigning, reviewing and planning work of others; maintaining standards; coordinating activities; allocating personnel; selecting new employees; addressing employee issues; approving employee discipline, and recommending employee transfers, promotions, discharge and salary increases.
- Assures that Town departments adhere to and perform within budget and monitors revenues and expenditures for sound fiscal and efficient control
- Ensures that sufficient internal safeguards are in place to prevent fraud, abuse and financial risk and that they are adhered to by staff
- Reviews the work of subordinates for completeness and accuracy; evaluates and makes recommendations as appropriate; offers training, advice and assistance as needed.
- Ensures department compliance with all applicable policies, procedures, rules and regulations, including GFOA, GAAP, and new GASB pronouncements and federal, state and local regulations
- Meets with other Town personnel concerning finance-related topics and issues.
- Responsible for planning, directing and coordinating the accounting and fiscal operation of the Town.
- Responsible for supervision of clerical and professional staff, including Accounting and Budgeting, Payroll, Accounts Payable, Accounts Receivable, Purchasing, Inventory, Capital Assets/Property Accounting, Utility Billing and Customer Service staff throughout the year
- Responsible for the development and ongoing implementation of the Town’s investment, capitalization and reserve policies
- Responsible for reviewing the Town’s internal auditing process to ensure that it meets with best practices
- Conducts short- and long-term modeling and forecasting to assist with financial planning with the Town
- Oversees the procedure process to ensure that it complies with the requirements of the Palm Beach County Inspector General
- Oversees the preparation and administers the annual Town operating and five-year capital budgets.
- Manages Purchasing, Capital Assets/Property, Customer Service, Utility Billing and Central Cashier. Observes fiscal inventory count and reviews final calculation for accuracy.
- Prepares data and schedules for inclusion in the annual financial reports for internal and external use. Directs/prepares reports required by regulatory agencies such as the City's Annual Comprehensive Financial Report, State Annual Financial Report and various other reports.
- Responsible for development and implementation of special projects that contribute to or affect the financial systems of the Town.
- Arranges for and supervises audits of the Town's financial accounts, conducts rate studies and coordinates internal audits.
- Responsible for Treasury Management, as well as administration of municipal debt and bond issues, including the preparation of necessary financial and statistical data, and bond sale prospectus.
- Responsible for Cash Management Systems, Investments Fiscal Policy and updating policies.
- Develops internal policies and standard operating procedures (SOP’s) for the effective operation of the Finance Department and the Town.
- Receives and responds to inquiries from other Town departments, citizens, etc., pertaining to financial or accounting procedures.
- Oversees the procurement policy and serves as the point of contact with regard to the purchasing Policy.
- Oversees the budget process and the training of staff on a monthly basis
- Performs related duties as required.
QUALIFICATIONS
Education and Experience:
- Requires a minimum Bachelor’s degree (Master’s Degree preferred) in accounting or business administration supplemented by at least six years of progressively responsible experience in governmental accounting, budget and management
- Valid Florida Driver’s License
Special Qualifications:
Certified Public Accountant, Certified Public Finance Officer, or Florida Certified Government Finance Officer, or American Association of Government Accountants certification preferred.
Knowledge, Skills and Abilities:
- Knowledge of the requirements of the FASB, GAAP, GFOA, and as well as federal, state and local requirements relating to auditing, budgeting, accounts payable and receivable, long and short-term forecasting.
- Ability to read and develop a variety of regulations, laws, codes, policies and procedures, budget documents, accounting standards, trade publications, etc.
- The ability to prepare complex financial reports and analyses, budget documents, performance appraisals, correspondence, etc., with proper format, punctuation, spelling and grammar, using all parts of speech.
- Ability to speak with and before others with poise, voice control and confidence.
- Ability to apply principles of logical thinking to define problems, collect data, establish facts and draw valid conclusions; to deal with several abstract and concrete variables.
- Ability to communicate effectively and efficiently in a variety of technical and/or professional languages including accounting and budgeting.
- Skill in the use of computer operations and network systems (i.e. Microsoft 365 Word, Excel, Tyler Technologies software, etc.
- Ability to prepare and analyze complex electronic financial reports.
- Ability to effectively supervise staff and maintain a high level of staff morale.
- Ability to establish and maintain effective working relationships with departmental officials, associates, subordinates, and the public.
PHYSICAL DEMANDS
The work is sedentary work which requires exerting up to 10 pounds of force occasionally, and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects. Additionally, the following physical abilities are required: fingering, handling, hearing, mental acuity, reaching, repetitive motion, speaking, talking, and visual acuity, etc.
WORK ENVIRONMENT
Work is performed primarily indoors without exposure to adverse environmental conditions (i.e. dirt, cold, rain, fumes).
The Town provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender/sex, age, national origin, disability, veteran status, sexual orientation, gender identity, pregnancy, marital status, military status, genetic information or any other legally protected status. This philosophy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, recall, transfer, leave of absence, compensation and training.
HOW TO APPLY
This position is opened until filled. Submit a cover letter and resume to the Human Resources Department at: humanresources@lakeparkflorida.gov
Lake Park Town Hall
535 Park Avenue
Lake Park, Florida 33403
Job Type: Full-time
Pay: $118,452.72 - $189,524.36 per year
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- Day shift
People with a criminal record are encouraged to apply
Work Location: In person
Salary : $118,453 - $189,524