Director of Finance

City of MelbourneCity of Melbourne, FL
Onsite

About The Position

The incumbent is responsible for the administration and operation of the Financial Services department. Oversees budgeting, accounting and financial reporting; investment of surplus funds, capital funds, and debt service funds; accounts payable; payroll administration; capital financing; utility billing and collection, and procurement. The incumbent exercises independent judgment involving complex issues. The incumbent will be required to work in excess of standard forty hour work week to complete certain tasks. Work is reviewed through audits, results achieved, and personal observation.

Requirements

  • Bachelor's degree in Accounting, Finance, Business Administration, Public Administration, or a similar field
  • Ten (10) years of progressively responsible experience in governmental accounting and finance
  • At least five (5) years supervisory experience in local government financial administration.
  • Must possess and maintain a valid Florida driver’s license.
  • Applicants who possess a valid out of state driver's license, must obtain a Florida license within ten (10) days of hire.

Nice To Haves

  • CPFO, CGFO, and CPA certifications are preferred.

Responsibilities

  • Directs Financial Services department staff and all activities of the Financial Services Department, inclusive of Budgeting, Accounting, Utility Billing and Collection, and Procurement.
  • Ensures annual financial statements and other external financial reports are in conformance with generally accepted accounting principles and the Rules of the Auditor General for audit by independent auditors.
  • Directs preparation and monitoring of the annual City budget.
  • Administers the City’s investment program; serves on Investment Committee; prepares reports of investment activity.
  • Ensures bond compliance, including compliance with bond ordinances and resolutions and preparation of State and federal reports, Secondary Market Disclosure, and arbitrage calculations.
  • Coordinates bond issuance process for capital financing and refunding issues with Bond Counsel, Disclosure Counsel, City Attorney, Financial Advisor, and any other necessary consultants or service providers to complete the sale and delivery of the bonds; prepares financial and statistical data to support the bond issuance process; and reviews and approves all bond closing documents.
  • Prepares requests for proposal for services relating to the Financial Services department activities, including but not limited to banking and investment services, water and sewer rate studies, external auditors, actuaries, bond attorneys, and financial advisors; evaluates responses; and prepares contracts for service.
  • Conducts specialized studies and surveys, and reports results to senior management.
  • Maintains federal, State, and local grants including reporting, review of reimbursement requests, and compliance.
  • Reviews and authorizes requisitions and payments by check, wire transfer, and ACH.
  • Facilitates franchise agreements for provision of water and sewer service to other jurisdictions and for use of rights of way by electric, telephone, and natural gas utilities.
  • Ensures City assets being properly ensured.
  • Ensures TRIM Compliance.
  • Ensures FEMA reporting compliance and preparation of funding requests.
  • Prepares resolutions and ordinances in support of Financial Services Department functions.
  • Represents the City in all financial matters.
  • Plans, organizes, supervises and evaluates professional and clerical personnel.
  • Communicates effectively with the public and City staff.
  • Attends Council meetings as needed and assists by providing relevant financial information.
  • Reviews, interprets, and applies governmental accounting principles, federal and State laws, and Rules of the Auditor General.
  • Develops internal control policies, guidelines, and procedures for various financial activities.
  • Authorizes leave for staff members and coordinates staffing on hand to make sure the City is functioning with the appropriate manpower to get the job done effectively.
  • Performs other assigned duties as assigned.
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