- Master's degree in accounting, CPA license, or Certified Public Finance Officer (CPFO) designation.
- Experience with and understanding of municipal fund accounting.
- Experience with enterprise resource planning systems.
- Experience with Tax Increment Financing (TIF) District reporting.
- Experience or knowledge of Public Housing Agency or HRA financial processes.
- Highly collaborative with a communicative, team oriented and approachable management style.
- Federal and State withholding for taxes, Social Security, Medicare, pre-tax life insurance, garnishments, etc.
- Statutorily required PERA contributions (Public Employee Retirement Association).
- Insurance premiums for health, life, dental, STD, and other elected coverages.
- Elected contributions to deferred compensation, H.S.A. funding, and flexible benefit programs.
- Elected contributions to credit unions or other banks.
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Assistant Finance Director - Faribault, United States - City of Faribault, MN
1 week ago
Description
Salary: $85, $116,916.80 AnnuallyLocation : Faribault, MN
Job Type: Full Time
Job Number: 00173
Department: Finance
Opening Date: 03/04/2024
Closing Date: 5/31/2024 8:00 AM Central
Description
PRIMARY OBJECTIVE OF POSITION
The Assistant Finance Director is responsible for the supervision and performance management of highly technical and detailed accounting work related to the overall organization, including the Economic Development Authority (EDA) & Housing Redevelopment Authority (HRA). This position is accountable for performing high-level general accounting duties, treasury & debt management, and complex analytical work in the preparation of the annual audit, budget, and 5-year capital improvement plan.
Examples of Duties
ESSENTIAL FUNCTIONS
Provides leadership and coaching through on-going review and feedback concerning department goals. Supervises various operational areas including utility billing, accounts receivable, and accounts payables. Ensures effective and efficient operations in these areas. Directs the daily activities of the Finance Department staff. Plans, prioritizes and assigns tasks and projects, monitors work, plans and coordinates professional development activities, as well as participates in selection process, evaluates performance, plans and coordinates professional development activities, and implements corrective action as necessary.
Provides direction and key support for all financial functions of the City, as well as process improvements. This includes but is not limited to budget preparation, financial reporting, special assessments, claims and disbursements, general and utility billing, cash receipting, bank reconciliations, reporting of investments of municipal funds, capital asset management, as well as, risk and debt management.
Performs complex accounting functions. Conducts financial, statistical, and analytical studies, including cost and rate analysis. Prepares and assists in the preparation of financial and regulatory reports, statements and claims for reimbursement according to prescribed guidelines. Reviews and reconciles account and fund balances. Researches and analyzes financial data for internal and external customers.
Maintains the central general ledger accounting and financial reporting systems as well as subsidiary financial systems, including management of the chart of accounts in accordance with state reporting and regulatory requirements, and system securities. Reviews, approves and posts revenues and expenditures, accounting controls, reconciliations, journal entries and other related activities for accuracy, completeness, and uniformity to rules, regulations, and laws.
Ensures all accounting records conform to generally accepted government accounting principles, and provide an accurate representation of the City's financial condition. Including management of the annual independent audit ensuring compliance as well as the preparation of the Annual Comprehensive Financial Report for the City including submission to the GFOA award program for excellence in reporting.
Coordinates the preparation of the City's annual 5-Year Capital Improvement Plan (CIP) document that is approved by City Council. Ensures annual updates to the CIP and proper reflection within the annual budgets.
Coordinates preparation of a variety of financial reports for use by outside entities; (e.g. State Auditor, State Finance Department, Rice County, Insurance Companies, and also including HUD reporting assistance.
Prepares and maintains various accounting and engineering schedules for engineering projects such as special assessments for projects, delinquent utility bills and certifications to the county annually.
Provides technical accounting assistance to internal and external customers on various financial issues. Performs financial analysis and tracking related to capital projects, grants, loan programs and all other aspects as required for special projects.
Assists the Finance Director in developing, prioritizing and implementing department goals, in developing financial management strategies and policies, in managing financial risks for the organization, and in establishing and monitoring sensible internal controls.
Provides backup for the Finance Director as needed.
Assists in coordinating and supervising other finance projects and other duties as assigned or apparent.
Typical Qualifications
POSITION REQUIREMENTS
Education: Bachelor Degree in Finance, Accounting, or related field.
Experience: Five or more years of progressively responsible experience in a government finance department or as a governmental auditor including supervisory experience. Three years of experience with governmental accounting principles and Comprehensive Annual Financial Reports. Three years of experience supervising employees with proven ability to manage a team while incorporating a degree of flexibility and being attentive to details. Working knowledge of governmental accounting principles and related laws and regulations. Equivalent combination of Career, education, and life experience may be substituted for these qualifications.
Desired Qualifications:
Valid State Class D Driver's License.
In accordance with City policy and applicable law, the following deductions may be made from your payroll checks:
Describe your accounting experience, include in your description the number of years ofexperience, and whether your experience is in private and/or public (government).
02
Describe your experience with debt service, lease obligations, and special assessments.
03
Describe your knowledge or experience with tax increment financing and tax abatements.
04
Please explain any experience you have researching and implementing capital asset standardsand working with capital asset systems.
05
Please explain your experience researching and implementing new Government Accounting Standards. What was the last GASB standard you implemented?
06
What types of financial reports are you responsible for and do they include ACFR Certificatepreparation?
07
Describe your supervisory experience. Include titles and quantity of staff as well as years.
08
What is your experience in managing a municipal audit? Have they included an A-133audit?
09
Explain your involvement with budgets, capital improvement plans, and long-term financialmanagement plans.
10
What has been you experience with cash and investment management, including reportingand cash flow monitoring?
11
What is your management style?
12
Describe your understanding of component units, both blended and discrete.
13
Do you have any experience in implementing a new ERP system and what roles did youplay?
Required Question
