Director of Finance

City of West Haven•West Haven, CT
•$140,000 - $160,000

About The Position

The Director of Finance is responsible for municipal accounting, investing, data processing, auditing, Operating and Capital budget development, assessment, tax collection, payroll, and purchasing. The position recommends policy, supports departmental and municipal planning, and directs and administers Finance Department activities. It also makes the most difficult financial management technical decisions and requires thorough knowledge of municipal financial management and good knowledge of the administration of municipal functions.

Requirements

  • A master's degree from a recognized college or university in business administration, public administration, or a closely related field, and at least seven years of experience in accounting, auditing, or municipal finance administration, including at least three years in a responsible supervisory position; or an equivalent combination of education and experience.

Responsibilities

  • Draft and recommend policy to the Mayor and plan for implementation of financial goals and objectives.
  • Direct Finance Department operations through department heads and evaluate and administer financial management programs, including accounting and financial reporting, budgeting, data processing, payroll, control services, cash management, internal and external auditing, purchasing, property assessment, and tax collection.
  • Oversee and coordinate development of Operating and Capital budgets, and assist the Mayor in explaining and presenting budget recommendations to the City Council.
  • Direct and control expenditures of city and Department fund allocations within approved budgets.
  • Coordinate external auditors' review of city financial management.
  • Monitor the city's debt instruments for refunding opportunities and timely repayment; prepare documents and filings related to municipal bond issuance; and oversee bond sales and closings.
  • Prepare financial information for bond prospectuses.
  • Monitor loss prevention and safety programs related to risk management; direct insurance negotiations, select insurance brokers and carriers, and place insurance.

Benefits

  • Medical, dental, and vision insurance.
  • 401(k) retirement plan with a City match of up to 8%.
  • Life insurance.
  • Long-term disability coverage.
  • Employee Assistance Program (EAP).
  • 13 paid holidays.
  • Vacation time, personal time, and sick leave.
  • 50% tuition discount at the University of New Haven for City employees.
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