Joint Finance Director

Overview
We are excited to offer the position of Joint Director of Finance to oversee our financial operations and strategy. The ideal candidate will have extensive experience in administration, financial planning, accounting, and fiscal management, along with strong leadership abilities. This vital role involves maintaining financial health by overseeing regulatory reporting and ensuring compliance with GAAP standards. Additionally, the Joint Director of Finance will collaborate with senior management to align strategic plans with our organizational objectives.

Duties

• Works collaboratively with the Town Manager and School Superintendent to oversee all facets of Town & School department business management.
• Supervises and bears responsibility for the disbursement of all funds, while maintaining fiscal oversight of all expenditures to ensure that budget appropriations are warranted. Responsible for overseeing the receipt of revenue and conducting cash flow management, including cash flow projections.
• Assist in the process of preparing the budget in collaboration with the Town Manager, School Superintendent, Department Heads, Administrative Team, and Board of Selectmen/School Committee. This involves analyzing historical and current financial operations, trends, and costs, as well as forecasting future revenues and expenditure.
• Responsible for coordinating, overseeing, and ensuring the completion and timely submission of all requisite financial reports to various state and federal agencies, including the Maine Department of Education.
• Provides administrative support and exercises supervision over state and federal grants and other funding sources. Collaborates both independently and with team members to pursue grants and external sources of funding.
• Assists in the management of student activity funds and delivering staff training to guarantee the intended implementation of policies and practices.
• Manages all insurance programs.
• The individual oversees the town and school department payroll and benefits process to verify adherence to legal, contractual, and budgetary requirements.
• Maintains contact with the investment service regarding the investment and/or transfer of Town/School funds. Maintains related records.
• Provides advisory support to the select board, school committee, town manager, school superintendent, and administrative team on all matters related to town and school finance.
• Attendance and active participation in the select board, school committee, administrative, and other meetings are required at the discretion of the Town Manager and/or School Superintendent.
• Participate in appropriate professional development activities to enhance and maintain business management skill sets. Provide guidance to subordinate office employees regarding relevant and significant professional development opportunities.
• Oversees the town's funds, liaising with local banks to secure favorable interest rates or bids, determining the allocation for investment in certificates of deposit and repurchase agreements, monitoring the accrued interest, and managing the issuance of bonds and tax anticipation notes.
• Ensures the reconciliation of bank statements for both payroll and general funds. Ensure the accuracy of monthly general ledger balances and all accounts.
• Prepares monthly and annual financial reports, along with any supplementary information concerning the financial status of the town as mandated by the Town Manager, Superintendent, Town Selectboard, School Committee, or auditors.
• Responsible for the maintenance of the town/school department’s computer system and aiding other staff members in utilizing and developing computer applications.
• Conducts research, procedural, and administrative studies as assigned.
• Performs all other related work as required and at the discretion of the Town Manager/School Superintendent.

Requirements

• Knowledge of modern office procedures, equipment, and computers.
• Experience with computerized accounting systems, databases, and software relevant to municipalities and public schools.
• Strong understanding of accounting principles, cash management, and handling large monetary transactions.
• Ability to present clear financial reports and make informed financial decisions.
• Capable of evaluating accounting issues and suggesting improvements to financial management practices.
• Skills in planning, organizing, supervising teams, and building constructive relationships with the public and colleagues.
• Commitment to confidentiality.
• Experience in financial planning, cost accounting, and fiscal management.
• Leadership skills to motivate a high-performing finance team.
• Expertise in regulatory reporting, GAAP compliance, and financial analysis.
• Strategic planning skills focused on long-term success.
• Bachelor's degree in Finance, Accounting (desirable), or related field; advanced degree or CPA preferred.

Join us as we strive for excellence while contributing to the overall success of our organization!

Job Type: Full-time

Pay: From $90,000.00 per year

Benefits:

• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 5 years (Preferred)

Ability to Commute:

• Milford, ME 04461 (Required)

Work Location: In person

Salary : $90,000