What are the responsibilities and job description for the Director of Finance position at Town of Smyrna?
To be considered, please apply directly via the Town's hiring site below.
https://www.governmentjobs.com/careers/townofsmyrna
Pay begins at $141,921 and is based on experience.
In addition to the base salary, this full-time position is eligible for an annual performance bonus as well as a longevity bonus.
Benefits:
Paid Holidays: 13 days
Paid Time Off : 23 days (7.08 hours per pay period)
Longevity Bonus: Based on Years of Service
Merit Pay: Based on performance (Annual Salary increase and Bonus)
Town Paid Benefits Include:
- Short and Long-Term Disability
- Employee Assistance Program
- Basic Life Insurance (1x Salary or $50k minimum, $10k spouse, & $5k child)
- Retirement Match
- Education Reimbursement
- Free Wellness Programs and Free Gym Access
Insurance Premium Costs (includes vision & dental)
HSA: $15.24 single $104.93 family
OAP: $20.40 single $140.18 family
Description
The Finance Director serves as a vital member of the Town of Smyrna's executive leadership team, overseeing the comprehensive financial management and strategy for the Town. This position directly supports the Town Manager and elected officials, guiding fiscal policy, stewardship of public funds, and long-term financial planning to support Smyrna's continued growth and stability.
About the Finance Department
The Finance Department ensures the fiscal integrity and transparency of Smyrna’s operations and manages all financial aspects of the municipal government. Key responsibilities include:
- Accounting & Financial Reporting: Maintains accurate financial records and prepares internal and external reports for the General Fund, Special Revenue, Fiduciary, Internal Service and Enterprise Funds. Coordinates the annual audit and prepares the Annual Comprehensive Financial Report (ACFR) in compliance with GASB standards.
- Budgeting: Develops and manages the annual operating and capital budgets in collaboration with department heads and the Town Manager.
- Treasury & Cash Management: Oversees cash flow, investments, and banking relationships.
- Accounts Payable/Receivable & Payroll: Manages disbursements, collections, and payroll operations.
- Debt Management: Plans and oversees debt issuance and repayment to support capital projects and maintain strong credit standing.
- Procurement: Ensures compliance with procurement laws and policies through proper bidding and contracting.
- Grants Administration: Supports financial tracking and compliance for state and federal grant programs.
- The department is staffed by dedicated professionals and led by the Finance Director, reporting to the Town Manager.
Essential Duties & Responsibilities
- Provide leadership and strategic direction for all financial operations of the Town.
- Develop, implement, and monitor financial policies, procedures, and internal controls.
- Coordinate preparation and submission of the annual operating and capital budgets.
- Ensure compliance with all applicable federal, state, and local financial regulations as well as with acceptable standard principles of accounting and finance.
- Prepare and present financial analyses, forecasts, and recommendations to the Town Manager and Town Council.
- Oversee preparation of the Annual Comprehensive Financial Report (ACFR) and coordinate with external auditors.
- Manage the Town's investments and cash flow to ensure security and liquidity.
- Supervise, mentor, and evaluate Finance Department staff.
- Support capital planning and project financing efforts.
- Attend and present at Town Council and committee meetings as needed.
- Provides coverage in the absence of other personnel.
- Continues professional growth through outside seminars, professional organizations, and training classes.
- Assists in the cross-training of department employees to other positions for coverage in the absence of personnel.
- Represents the Town in community organizations when necessary.
- Conducts behavior at all times in a professional manner to reflect positively on customer’s perception of Town.
- Promotes the teamwork environment. Assists other personnel when necessary.
Minimum Qualifications
- Bachelor’s degree in Accounting, Finance, Public Administration, or related field;
- A master’s degree or CPA designation is preferred.
- Minimum of seven (7) years of progressively responsible experience in governmental finance, with at least three (3) years in a supervisory or managerial capacity.
- Knowledge of GAAP, GASB, and municipal financial reporting standards.
- Experience with ERP financial systems and Microsoft Office Suite; experience with municipal software preferred.
- Demonstrated leadership, analytical, and communication skills.
- Ability to be bonded
- Must have the ability to become a Certified Municipal Finance Officer (CMFO) by the State of Tennessee within two years of employment and must maintain such certification or must be exempt from the CMFO requirements under one of the exemptions provided in the law, and such exemption shall be approved by the State Comptroller’s Office.
- Must have good oral and written communication and presentation skills.
- Ability to work with a variety of people, including both elected and appointed officials, as well as members of the general public.
Job Type: Full-time
Pay: From $141,921.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Disability insurance
- Employee assistance program
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid parental leave
- Paid time off
- Parental leave
- Retirement plan
- Tuition reimbursement
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
Salary : $50,000 - $141,921