What are the responsibilities and job description for the Financial Director position at Village of Beverly Hills?
About the Village of Beverly Hills
The Village of Beverly Hills is a quiet suburban community in Oakland County, approximately 20 miles north of Detroit. Known for its residential neighborhoods, Beverly Hills offers a scenic, small-town feel within reach of the city.
Residents enjoy access to several well-loved nature preserves and parks, including Beverly Park, a local favorite that offers hiking trails, sports fields, and picnic areas where families often gather.
The Village is served by the Birmingham Public School District, known for its academic quality, which attracts many families to the area. A variety of private schools and colleges are also nearby, giving residents a wealth of educational choices.
Beverly Hills offers a nice blend of suburban charm and urban convenience. With just over 10,000 residents, the Village of Beverly Hills offers a variety of amenities that keep this small community feeling safe, supported, and engaged.
This beautiful Village has been voted one of the best places to live in Michigan thanks to its quality of life, great schools, and well-maintained surroundings.
About the Role
The Finance Director is a direct report to the Village Manager and is responsible for coordinating all financial information to the Village Manager, Village Council, and the general public.
The position is responsible for preparing the annual budgets, administering all Village investments, maintaining the general ledger, and preparing financial reports and annual audits.
- Maintain all financial and accounting records and administer all the financial activities of the Village in accordance with fiscal practices, state, and local regulations.
- Prepare the budget in association with the Village Manager and work with other departments in developing budget requests and revenue and expense projections.
- Provide guidance on reporting procedures, discrepancies, tax regulations, and fiscal policies.
- Supervise employees responsible for handling accounts payable, payroll, utility, cash receipts, and other functions.
- Prepare all required Municipal Local, State, and Federal reports such as F65 Annual Local Unit Fiscal Report, Act 51 Street Financial Report, and others.
- Prepare all year-end financial information for the audit.
- Prepare the year-end closing of financial records and prepare data for actuarial studies.
- Manage the investment of municipal funds according to the Village's established investment policy and coordinate information for labor negotiations.
- Analyze technology and automation needs, recommend upgrades, and implement new technology.
- Administer the Village BS&A software system.
- Keep abreast of legislative developments, new GASB pronouncements, and current issues through continued education and professional growth.
- Network with peer agencies and governmental units.
- Must be able to work closely with the auditors to ensure accuracy of financial reporting.
About You
You have experience in professional accounting or financial management in a municipal setting.
You are a highly motivated self-starter who is able to manage and complete the financial requirements of the Village throughout the year with minimal assistance.
You are able to collaborate with municipal employees and communicate financial information.
A Bachelor's degree in accounting, finance, public administration, or related field is required with a master's degree preferred.
Key Competencies:
- Knowledge of the principles, practices, and legal regulations of municipal finance, budgeting, accounting, and investing.
- Knowledge of techniques of accounting, internal controls, and financial reporting.
- Knowledge of public management techniques in operations management, personnel administration, and labor negotiations.
- Diplomacy and professionalism in responding to public inquiries and internal requests.
- Ability to evaluate a variety of municipal financial services, analyze operating issues, and establish internal policy and procedural recommendations.