Finance Director

City of Montrose•Montrose, CO

28d•Onsite

About The Position

Under general direction of the City Manager's Office, the Finance Director directs the organization's financial management, accounting, and auditing practices to ensure its long term fiscal health, and serves as a integral part of the City's executive leadership team. The Finance Director provides servant-oriented leadership to all City Departments and staff members by providing technical expertise and knowledge to others throughout the organization in a team-based and collaborative fashion.

Requirements

Bachelor's Degree in Finance, Accounting, Business Administration, or Related Field from an accredited college.
5 or more years of progressively responsible municipal or public finance experience, including management and supervisory duties.
Comprehensive knowledge of standard policies and procedures related to local government organizations, and principles of public management and administration, accounting and auditing principles, tax codes, budgeting, cash projections, debt administration, investment fund management and procurement processes.
Ability to Obtain Colorado Government Finance Officer Certification within 3 years from start of employment.
Current Colorado driver’s license with acceptable record.

Nice To Haves

Master's Degree from an accredited college or CPA preferred.

Responsibilities

Direct the preparation, adoption, and administration of the annual operating budget and multi-year Capital Improvement Plan (CIP).
Monitor expenditures throughout the fiscal year to ensure organizational compliance with approved funding limits.
Supervise daily accounting functions, payroll processing, accounts payable/receivable, purchasing, utility billing, and municipal court financial transactions.
Maintain the integrity of the general ledger and all subsidiary ledgers.
Serve as the custodian of all public funds, executing investment strategies that maximize yields while prioritizing safety and liquidity.
Ensure cash flow is sufficient to meet daily municipal operating obligations.
Coordinate and manage municipal debt issuances, lease-purchase agreements, and bond financing.
Monitor compliance with bond covenants and continuing disclosure requirements, maintaining relationships with rating agencies and public finance professionals.
Ensure all municipal financial activities, reporting, and policies strictly adhere to federal, state, and local laws.
Maintain alignment with Governmental Accounting Standards Board (GASB) statements and Generally Accepted Accounting Principles (GAAP).
Translate complex financial data into clear forecasts, revenue projections, and economic models.
Present regular and transparent updates and strategic recommendations to City Management, City Council, and Department Heads to guide fiscal policy and administration.
Lead the preparation for the annual independent external audit.
Compile the Annual Comprehensive Financial Report (ACFR) and deliver accurate financial statements to City Management and the General Public.
Supervise, mentor, and evaluate finance department personnel to foster a high-performance culture based on collaboration and excellence in service.
Establish robust internal control systems to prevent fraud, waste, and abuse across all city departments.
Understand business implications of decisions, demonstrate knowledge of market and aligns work with strategic goals.
Communicate change effectively, prepare and support those affected by change, monitor transition and evaluates results.
Express ideas and thoughts orally and in writing. Exhibit good listening & comprehension; select & use appropriate communication methods.
Establish, promote, and monitor customer service standards to assure the best outcomes.
Prepare annual budget and assure that assigned areas of responsibility are performed effectively & efficiently within approved budget; perform cost control activities & cost saving measures; monitor applicable revenues and/or expenditures; manage resources such as personnel, materials, facilities and time effectively.
Provide direction and gain compliance, include workers in planning, and take responsibility for their activities; provide regular and specific performance feedback.
Establish goals and expectations for workers. Write and conduct employee evaluations.
Ensure position descriptions are accurate and assist in interviewing and selecting candidates appropriate to the work.
Ensure schedules are set to get the work done in accordance with HR guidelines.
Assure implementation of job specific training to ensure employee success.
Set and discuss expectations for employee success. Conduct a formal mid-cycle progress review in addition to regular meetings with each subordinate.
Handles or gets assistance with employee issues in a timely manner to prevent escalation of problems and disruption to the department.
In accordance with HR polices, use established procedures to manage employee behavior. Actions are consistent and provide opportunity for the employee to improve.