Finance Director

City of Florence•Florence, KY

5d•Onsite

About The Position

The City of Florence, Kentucky, is seeking a Finance Director to serve as the City's Chief Financial Officer and lead the planning, direction, and oversight of all Finance Department operations. Under the legislative direction of the Mayor and administrative direction of the City Administrator, the Finance Director provides financial guidance to elected officials, the City Administrator, and department leadership and supports the City's financial management, strategic planning, and long-term fiscal sustainability. The position provides executive leadership in governmental accounting, budgeting, financial reporting, investments, capital financing, payroll administration, and long-range financial planning. It evaluates financial trends, strengthens internal controls, and supports informed decision-making across City departments. The Finance Director also leads Finance Department personnel and represents the City in financial matters involving auditors, financial institutions, bondholders, credit rating agencies, and other stakeholders. The role requires a master's degree in a relevant field and at least five years of progressively responsible professional-level experience in financial management, accounting, budgeting, or related fiscal administration. An equivalent combination of education, training, and experience may be considered. The successful candidate should have a broad background in fiscal administration and must be bondable and hold a valid driver's license while remaining insurable to operate City vehicles. Work is primarily in a professional office environment, with occasional travel to City facilities or other locations potentially required.

Requirements

Master's degree from an accredited college or university in Finance, Accounting, Economics, Public Administration, Business Administration, or a closely related field.
At least five years of progressively responsible professional-level experience in financial management, accounting, budgeting, or related fiscal administration.
An equivalent combination of education, training, and experience may be considered if it provides the knowledge, skills, and abilities necessary to perform the position's duties.
Broad financial management background encompassing governmental accounting, budgeting, investments, financial reporting, financial systems management, and staff leadership.
Must be bondable.
Must possess a valid driver's license and remain insurable to operate City vehicles.
Extensive knowledge of GAAP, governmental accounting, fund accounting, budgeting, and investment practices.
Comprehensive understanding of municipal government operations, public finance, financial regulations, and fiscal accountability.
Strong executive leadership, management, supervisory, and administrative capabilities.
Ability to develop and oversee complex financial systems, budgets, financial forecasts, and internal controls.
Proficiency in financial management software, accounting systems, spreadsheets, and related technology.
Strong analytical and strategic planning skills, including the ability to interpret financial data and develop practical recommendations.
Ability to communicate complex financial information clearly and effectively to elected officials, department leadership, employees, and the public.
Ability to establish and maintain effective professional relationships with government officials, financial institutions, employees, and external stakeholders.
Strong organizational skills and ability to manage competing priorities, meet deadlines, and exercise independent judgment.
Ability to lead, mentor, and develop staff while promoting accountability, collaboration, and operational excellence.
Commitment to integrity, confidentiality, professionalism, sound judgment, and responsible stewardship of public resources.

Responsibilities

Serve as the principal financial advisor to the Mayor, City Council, City Administrator, and department leadership.
Provide strategic direction and executive oversight of the Finance Department, including accounting, budgeting, payroll, accounts payable and receivable, billing, collections, and financial reporting.
Direct preparation and administration of the City's annual operating budget, multi-year financial forecasts, and long-range fiscal plans.
Oversee management of City funds, investments, cash flow, financial assets, and debt obligations.
Ensure compliance with GAAP, governmental accounting standards, and applicable federal, state, and local regulations.
Coordinate the annual external audit and oversee financial reporting, internal controls, and fiscal accountability.
Evaluate economic conditions, revenue trends, and financial performance to develop projections and recommendations supporting the City's financial sustainability.
Provide financial analysis and guidance regarding capital improvement projects, financing arrangements, and municipal investments.
Oversee financial administration and reporting associated with federal and state grants.
Evaluate and implement improvements to financial management systems, accounting procedures, and operational efficiencies.
Direct financial reporting to state and federal agencies, including applicable tax and payroll reporting requirements.
Provide leadership, supervision, and professional development opportunities for Finance Department personnel.
Collaborate with City departments to identify opportunities for cost containment, operational improvements, and effective resource allocation.
Represent the City in financial matters involving auditors, financial institutions, bondholders, credit rating agencies, and other external stakeholders.
Perform other related duties as assigned.