Director of Finance

Colonial Heights, City of•City of Colonial Heights, VA
•Onsite

About The Position

The City of Colonial Heights is seeking a highly professional Director of Finance to provide overall direction and leadership of the City's financial operations. This position reports to the City Manager and directs, manages, and oversees the staff and the functions of the Finance Department, to include Accounting, Payroll, Purchasing, Risk Management, Utility Billing, Real Estate Assessment, and Billing and Collections. The Director assists the City Manager with the development and implementation of financial matters, including budget preparations and controls, financial reports and statement preparations, and strategic planning, serving as an advisor to the City Manager and Department Directors.

Requirements

  • Bachelor's Degree and over 10-years directly related supervisory experience; or Master's Degree and over 5-years directly related supervisory experience, or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities.
  • Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP), and of general laws and administrative policies governing municipal financial practices and procedures.
  • Comprehensive knowledge of the principles and practices of governmental accounting, budget preparation and account reconciliation.
  • Strong leadership, managerial, communication (oral and written), and presentation skills; must have a clear and open communication style.
  • Strong quantitative and analytical skills.
  • Ability to prepare informative financial reports.
  • Ability to plan, organize, direct and evaluate the work of subordinate staff.
  • Ability to evaluate complex financial systems and efficiently formulate and install accounting methods, procedures, forms and records.
  • Ability to build strong working relationships within and across departments, with the City's Management team, the Mayor and City Council, and other City officials.

Nice To Haves

  • Certified Public Accountant (CPA) is desirable.
  • Certified Public Finance Officer (CPFO) is desirable.

Responsibilities

  • Directs, supervises, and evaluates Finance Department staff.
  • Assists the City Manager with the development and implementation of financial matters, including budget preparations and controls, financial reports and statement preparations, and strategic planning.
  • Prepares revenue estimates and coordinates budget preparation and review.
  • Coordinates the issuance of bonds, bond rating agency presentations, and official statements concerning the amount of debt capacity.
  • Oversees the preparation of fiscal statements and accounting systems and coordinates annual audit procedures and financial reports.
  • Establishes and maintains citywide accounting and reporting systems pursuant to Government Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP) standards.
  • Provides financial oversight for all departments.
  • Oversees financial administration of grants and grant-funded programs.
  • Appraises operating results in terms of costs, budgets, operating policies and procedures, and makes appropriate change recommendations.
  • Invests City funds.
  • Analyzes the City's existing debt structure, and projects future financing needs and options for funding those needs.
  • Establishes and monitors short and long-term financial goals of the City, including the City's enterprise operations.
  • Recommends financial policies and procedures, drafts and proposes financial accounting policies and practices to manage the City's financial risks by researching, analyzing, and implementing accepted governmental accounting policies and procedures.
  • Coordinates procurement activities, reviews and approves city purchases.
  • Addresses citizen inquiries.
  • Other duties as assigned.
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