Assistant Finance Director

City of Hobbs•Hobbs, NM

5d•Onsite

About The Position

Directs and coordinates the operations of procurement and accounts payable activities for the City of Hobbs. Assists in establishing and maintaining internal control procedures and assures that adequate accounting procedures are maintained.

Requirements

Graduation from an accredited college or university with a Bachelor’s degree in accounting plus two years accounting experience required.
Thorough knowledge of generally accepted accounting theory, principals, and practices, auditing theory and practices, governmental and non-profit accounting, internal control procedures, bookkeeping and accounting procedures and systems, including computer applications.
Knowledge of principles and practices of administration and organizational theory.
Knowledge of research techniques, methods, and procedures.
Ability to perform a broad range of supervisory responsibilities over others.
Ability to analyze, interpret, and report research findings, recommend and take appropriate action.
Ability to perform financial investment analysis.
Ability to prepare difficult and complex financial and administrative reports.
Ability to maintain effective accounting procedures.
Ability to carry out assigned projects to their completion.
Ability to work independently and to complete daily activities according to work schedule.
Ability to effectively communicate orally and in writing.
Ability to understand, follow and transmit written and oral instructions.
Ability to establish and maintain effective working relationships with Finance Department staff, other City Departments, and general public.
Valid state issued driver’s license
Must also be actively striving to obtain the knowledge base equivalent to a Certified Public Accountant (CPA) candidate or a Certified Government Finance Officer (CGFO) candidate.
Maintain any current licenses or certifications
Ability to obtain any additional required licenses or certifications as per licensing authority.

Responsibilities

Reviews and approves purchases to ensure compliance with procurement guidelines.
Oversees cash management by reviewing and preparing journal entries to balance and close monthly books in general ledger, revenue and expense accounts.
Monitors and controls daily flow and performs forecasting for cash needs to ensure funds are invested adequately.
Assures an appropriate amount of money is available to cover weekly check runs and bi-weekly payroll runs.
Ensures all money is collateralized.
Develops and submits monthly and quarterly reports to various state and federal agencies.
Prepares recap sheets and reports for board meetings.
Assists in the coordination and implementation of the annual financial audit.
Prepares the City’s formal responses to Governmental Accounting Standards Board (GASB).
Stays current with new GASB standards to determine how those standards apply to the City.
Stays current with governmental fund accounting, grant guidelines, and Department of Finance Administration (DFA) requirements.
Maintains communications with other departments to determine needs and address problems.
Coordinates departmental activities and explains departmental policies and procedures.
Researches, plans, coordinates and administers grant funds for a variety of grant projects.
Works with other departmental staff in preparing grant applications.
Supervises, directs, trains and evaluates the activities of assigned staff.
Interviews potential employees and makes recommendation for hiring and disciplinary actions.
Approves timesheets and leave requests.
Acts as a backup in the absence of the Finance Director.
Attend and participate in professional group meetings; stay current of new trends and innovations.
May serve on various employee committees, as required and assigned.