What are the responsibilities and job description for the Finance Director position at Town of New Fairfield?
- Controls the chart of accounts for all Town and several BOE funds.
- Installation of internal control procedures and systems to support local financial policies,as well as State and Federal mandated policies.
- Ensure the timely payment of municipal and education obligations and payroll.
- Prepares the General Purpose Finance Statements, provides assistance to annual independent audit.
- Daily cash management to minimize idle funds adheres to investment policies and practices.
- Maintains relationships with banks and other financial institutions.
- Oversees the timely deposits of revenues to, and the timely reconciliation of balances in all Town bank accounts.
- Debt management, including the preparation of Official Statements and other documents in connection with the sale of town bonds and notes.
- Coordinate the collection of budget request for municipal departments/functions.
- Collaborate with First Selectmen and BOE Director of Business & Operations for shared programs and services.
- Assist Board of Selectmen in preparation of requested budget.
- Assist Board of Finance in the preparation of the recommended budget.
- Daily budget management and periodic forecasting and reporting.
- Oversees Town grant management and appropriate allocation of funds.
- Serves as Risk Manager for the Town and Board of Education.
- Provide financial and reporting assistance to other Boards/Commissions and Committee’s (i.e., Permanent Building Committee), attends meetings as needed.
- Serves on ad-hoc committees as assigned.
- Assigns, supervises and reviews the work of personnel in the Finance Department, Assessor’s Office and Tax Collectors Office
- Make recommendations for the hiring, promotion, disciplinary action, and termination of all employees in the Finance Department
- Record actual medical claims monthly
- Provide medical, other post employment benefits (OPEB), and pension information as needed.
- Track State Trooper overtime information monthly.
- Maintain monthly financial records for various funds (i.e., School Lunch Fund, Small Cities, etc.).
- Prepare and file necessary State reports.
- Other duties as assigned by the First Selectman.
- Thorough knowledge of the principals, methods, and procedures used in municipal finance, and of Generally Accepted Accounting Principles as applied to governmental units.
- Knowledge of banking and investment theory, policies and procedures.
- Ability to analyze and prepare complex financial reports and statements.
- Experience with integrated financial system (Munis or eFinancePlus preferred), proficient in Excel, Word for Windows and a windows environment.
- Excellent written and verbal communication skills; ability to make public presentations in an organized and understandable manner.
JobID: 1602
Position Type:
Finance
Finance
Date Posted:
3/27/2025
3/27/2025
Location:
Finance
Finance
POSITION: DIRECTOR OF FINANCE
SUPERVISION RECEIVED: First Selectman for the Board of Selectmen. Board of Finance for those policies and duties within their statutory authority. Treasurer for those policies and duties within his/her statutory authority.
SUPERVISION EXERCISED: Accounting Manager, Purchasing Agent/Contract Administrator, Financial Assistant to Director of Finance and Town Treasurer, Payroll Specialist, Accounting Clerks, Assessor and Tax Collector.
HOURS OF WORK: Salaried, professional position that is overtime exempt. Expected to attend all Board of Finance meetings, budget hearings, and other meetings affecting Town finances as requested by the Board of Selectmen, Board of Finance or Board of Education.
PRIMARY FUNCTION: Direct all financial operations of the municipal and some education functions of the town of New Fairfield.
FINANCIAL RECORDS:
TREASURY:
Assists the Town Treasurer with the following:
BUDGET:
OTHER DUTIES:
REQUIRED KNOWLEDGE, SKILLS & ABILITIES:
MINIMUM QUALIFICATIONS:
Master’s degree in Accounting or Finance preferred.
At least five (5) years of progressive responsible experience in accounting and financialmanagement.
At least three (3) years of supervisory experience.
Municipal finance experience is preferred.
Bondable as per State statute.
SALARY:
PLEASE SUBMIT:
$115,000 - $140.000 depending on experience Online Application (www.newfairfield.org)
Letter of Intent
Resume
Professional References (3)
The Town of New Fairfield is an equal opportunity employer committed to an Affirmative Action Plan in recruiting, appointing, assigning, training, evaluating, and promoting personnel on the basis of merit and qualification, without regard for race, color, religion, sex, age, natural origin, ancestry, marital status, Veteran status, pregnancy, sexual orientation, gender identity or expression, disability or genetic information or any other applicable lawful discriminatory standards except in the case of a bona fide occupational qualification. (Title VI & VII of Civil Rights Act of 1964. Title VI & VIII of the Public Health Services Act, Title II of the Education Amendments of 1972, as well as other relevant federal and state laws.)
All applicants are subject to a pre-employment drug screen and background check prior to commencement of employment.
Salary : $115,000 - $140,000
