Skip Ribbon Commands
Skip to main content

Title

Finance Director

Position

Salary Range

($63,232 - $93,538 based upon qualifications)

Job FLSA Status

Public Safety

No

Job Details

Performs a variety of complex supervisory, professional, administrative and technical accounting and finance functions in maintaining the fiscal records and systems of the city, financial planning and control. Provides a routine and complex analysis, development and review of programs, services, policies and procedures relating to the fiscal management of the city. This position serves as the chief fiscal advisor to the City Manager, coordinating accounting, and collection functions. Work requires the independent application of the principles and practices of public finance administration with primary emphasis upon the formulation and execution of the broad policies as well as immediate technical supervision and participation in the detailed activities of these operations. The employee is directly concerned with the development of effective procedures and procedural improvements of the financial system and other activity systems of the City under his or her direction. The employee works with considerable freedom of action, particularly on the more technical aspects of finance. The data and recommendations he or she prepares are essential to policy set by the Mayor and Council and administrative determinations made by the City Manager.

Job Duties

Plans, organizes, directs, and reviews general procedures, methods and results of cash management, purchasing, budget preparation and control, internal auditing, and data processing; coordinates collections and accounting functions. Establishes and maintains internal control procedures and assures compliance with state and national standard accounting procedures. Manages associated operations to achieve goals within available resources; plans and organizes workloads and staff assignments; trains, motivates and evaluates assigned staff; reviews progress and directs changes as needed. Develops short and long range plans; gathers, interprets, and prepares data for studies, reports and recommendations; coordinates activities with other departments and agencies as needed. Provides professional advice to department managers and supervisors; makes presentations to the City Manager, City Council, department managers, supervisors, boards, commissions, civic groups and general public. Assures that assigned areas of responsibility are performed within budget; performs cost control activities, monitors revenues and expenditures in assigned area to assure sound fiscal control; Prepares annual budget; monitors city revenues and expenditures to assure effective and efficient use of budgeted funds, personnel, facilities and time. Prepares policies and procedures for organizational change, communications, information flow, inventory control, cash management, purchasing, billing, or cost analysis; prepares financial analysis of operations for guidance for City Manager and City Council; advises department managers and City Manager on financial matters and prepares governmental reports as required by the City Manager, auditors, or legal entities. Maintains accounting records and reports; performs double entry bookkeeping in journal; files records and reports. Supervises and makes journal entries to balance and close monthly books in general ledger; revenue and expense accounts; reconciles general ledger and subsidiary ledger accounts; reconciles cash accounts. Prepares financial records. Issues oral and written instructions; assigns duties and examines work for exactness, neatness and conformance to policies and procedures. Prepares a variety of studies, reports and related information for decision-making purposes. Assists the City Manager and City Council in developing financial studies and plans; forecasts, estimates, and monitors the financial condition of the City to assure the fiscal well being of the City. Oversees general ledger postings, accounts payable processing, accounts receivable processing, utility billing, customer service and purchasing functions. Prepares the city’s annual budget; initiates operational adjustments due to tax revisions; prepares reports which outline the city’s financial position in areas of income, expenses, and earnings, based on past, present, and future operations. Coordinates and assists auditing firm in review of City’s budget finances, and accounts.

Job Qualifications

(A) Considerable knowledge of modern governmental accounting theory, principles and practices; considerable knowledge of internal control procedures and management information systems; knowledge of office automation and computerized financial application; knowledge of public finance and fiscal planning; knowledge of payroll and accounts payable functions; working knowledge of budgetary, accounting and reporting systems, GAAP, GASB; and (B) Skill in operating a personal computer, including word processing and spreadsheet software, 10-key calculator, phone, copy machine, fax machine; and (C) Ability to prepare and analyze complex financial reports; ability to maintain efficient and effective financial systems and procedures; ability to effectively supervise staff; ability to establish and maintain effective working relationship with employees, city officials; ability to effectively communicate orally and in writing.

Job Education

(A) Graduation from an accredited college or university with a degree in accounting, finance, or related field. (B) Five or more years experience in accounting and financial management, minimum one year in governmental financial management. (C) CPA certification required.

Job Computer Skills

City Of Covington Department

Administrative

Start Date

2013-08-21T04:00:00Z

End Date

2013-08-21T21:00:00Z
Attachments