Assistant Finance Director

City of Princeton•Princeton, TX

10d•Onsite

About The Position

Under limited direction from the Chief Financial Officer, the Assistant Finance Director assists the CFO in various areas of the City’s financial operations, including budget, debt management, treasury, including cash and investment program management, grant and compliance, for the City. This position ensures compliance with accounting standards and regulations and provides strategic financial guidance to support organizational goals.

Requirements

Bachelor's degree in finance, accounting, business administration, or a related field.
Four years’ experience in a professional level accounting position, preferably in a municipality.
Minimum of five years of supervisory experience.
Must possess a valid State of Texas Driver’s License
Have and maintain professional, inviting, and friendly demeanor.
Ability to pass a background check, and pre-employment drug screening.

Nice To Haves

Certified Public Accountant (CPA) and/or Certified Government Finance Officer (CGFO) designation preferred.

Responsibilities

Reviews financial data to monitor operating activity to recommend and help put in place efficiency and effectiveness.
Assist in the preparation and analysis of financial reports, including balance sheets, income statements, cash flow statements, and budget variance analyses.
Ensure accuracy, completeness, and timeliness of financial reporting processes.
Collaborate with the CFO in developing annual budgets, forecasting financial performance, and monitoring budgetary compliance.
Analyze budget variances and provide recommendations for cost-saving measures and revenue enhancement opportunities.
Coordinate and manage all external audits, including but not limited to the preparation of necessary documents, year-end work documents and schedules.
Report (A.C.F.R.). Books year-end adjusting journal entries and reconciles the general ledger to the ACFR.
Conduct financial analysis to evaluate the organization's financial performance, identify trends, and assess financial risks and opportunities.
Provide insights and recommendations to support strategic decision-making and resource allocation.
Monitors professional standards, develops policies, coordinates activities.
Assist in establishing and maintaining internal control procedures to safeguard assets, ensure accuracy of financial records, and mitigate financial risks.
Research and trouble shoot system related problems dealing with daily, monthly, and annual processes and reports.
Monitor compliance with internal control policies and procedures and recommend enhancements as needed.
Manage internal and external audit activities, including the preparation of audit schedules, responses to audit inquiries, and implementation of audit recommendations.
Ensure compliance with audit requirements and deadlines.
Oversee grants management activities, including grant budgeting, reporting, compliance monitoring, and reimbursement requests.
Ensure compliance with grant requirements and regulations and maintain accurate grant records.
Assist in developing and implementing financial policies, procedures, and guidelines to improve financial transparency, efficiency, and accountability.
Provide supervision, guidance, and mentorship to finance department staff.
Conduct performance evaluations and provide feedback to staff as needed.
Coordinates meetings with City department and division managers to coordinate handling accounting procedures.
Participate in strategic planning initiatives and provide financial expertise and analysis to support organizational goals and objectives.
Assist in the development of long-term financial strategies and initiatives.
Perform other duties as assigned.