Finance Director

The Finance Director manages all functions of the Finance department, under the direction of the Deputy Town Manager. The Finance Director is a highly responsible, professional position which involves the overall management and direction of the Town's Finance programs and activities.

Considerable independent judgment, initiative, and personal integrity are essential for this position.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

The following statements are illustrative of the essential functions of the job and do not include other nonessential or peripheral duties that may be required.

The Town of Johnstown retains the right to modify or change the duties or essential functions of the job at any time.

• Ensures the financial stability of the Town through proper management of all funds by directing and participating in forecasting revenue, investment strategies, bond strategies, analysis, and evaluation of fiscal impact of operating alternatives, and the management of expenditure controls in coordination with budget management and department / division requests.
• Prepares financial statements for the organization, including but not limited to; the Statement of Net Position, Statement of Activities, Balance Sheet, Statement of Revenues, Expenditures and Changes in Fund Balance, Statement of Cash Flows, and supporting notes and supplemental schedules.
• Coordinates and manages bond issuance process for capital financing and refunding issues. This includes preparing financial and statistical data to support the process, reviewing and approving all bond closing documents and maintaining post-issuance bond compliance and submission of state and federal reports.
• Performs and / or supervises all accounting activity of the Town including monthly and annual financial reporting, budget preparation and monitoring, accounts payable, accounts receivable, reconciliations, and billing and collection for the Town's enterprise funds.
• Plans, directs, manages, supervises and coordinates the Finance Department's goals, objectives, policies, priorities, and work plan;

assign projects and programmatic areas of responsibility; review and evaluate work methods and procedures, meet with staff to identify and resolve problems.

• Prepare clear, concise and comprehensive correspondence, reports, studies and other written materials.
• Develops, implements, and maintains financial policies and procedures with the review and approval of the Town Council.
• Directly supervises and is responsible for the functions of Finance personnel - currently 6 FTE.
• Participates as a member of leadership team and assists with strategic planning and assists with the development of long-range financial plans.
• Coordinates performance of annual Town audits and preparation of the Annual Comprehensive Financial Report (ACFR) within the time parameters of State law and debt covenants as well as meeting applicable authoritative standards for the Government Finance Officers Association for the Achievement Award of Excellence in Financial Reporting.
• Maintains productive working relationships within the department and with representatives of the community at all levels, including elected officials, staff, business, civic, and agency personnel, and citizen groups.
• Conducts research, prepares and presents studies, status reports, and proposed policies, plans, procedures and ordinances to the Town Manager and Town Council.
• Oversees the management of internal controls and ensures that state and national accounting standards are maintained.
• Provides oversight in the use of technology development and operations for the Town's primary financial systems and oversight to develop, implement, and maintain additional programs as needed to ensure streamlined processes, strong internal controls, enhance reporting and promote transparency.
• Under the direction of the Town Manager, manages the Town's budget process. Is responsible for the preparation of the proposed and final budget documents.
• Develops and provides written and oral presentations to the Town Council, boards and commissions, public and Town departments as needed.
• Analyze and make sound recommendations on complex accounting and financial issues, data and operations.
• Oversees the investment of Town funds.
• Manage and monitor lodging tax collections, developer agreements, sales tax collection, internal and external audit processes.
• Maintain the accounting records for the Library.
• Maintain reporting and financial compliance with other governmental and regulatory agencies.
• Assist in monitoring developments and legislation related to financial matters to ensure compliance of Town accounting procedures, evaluate their impact upon Town financial operations and programs, and make recommendations for policy and procedure improvements.
• Maintain financial compliance with grant requirements and monitor and manage financial grant files.
• Responsible for coordination, supervision and monitoring of assigned projects. Assist with special projects and perform related work as required.
• Other duties as assigned.

REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES

• Knowledge of governmental accounting practices and procedures, and advanced principles and practices, including fund accounting, financial statement preparation, methods of financial reporting (GASB experience), and Generally Accepted Accounting Principles (GAAP).
• Knowledge of the application of generally accepted accounting principles, practices and techniques to governmental accounting transactions.
• Knowledge of the principles and practices of financial record keeping and reporting.
• Knowledge of the principles and practices of computerized accounting and information systems.
• Knowledge of methods of financial report presentation.
• Knowledge and understanding of applicable federal, state and local laws and regulations pertaining to financial operations of a municipal government.
• Knowledge of the principles of budgetary administration and control.
• Knowledge of, and experience with, effective employee supervision.
• Skill and experience in preparing monthly and quarterly financial reports.
• Skill and experience in handling conflict with courteousness and composure.
• Skill and experience in developing and implementing departmental budgets and forecasting revenues and expenditures.
• Skill and experience in producing the Town's Annual Comprehensive Financial Report (ACFR).
• Skill and experience in developing and maintaining accounting and control procedures.
• Skill and experience in evaluating and reconciling complex financial data to arrive at accurate conclusions and recommendations.
• Skill and experience in developing and maintaining debt instruments.
• Ability to use standard office equipment, computer equipment and software including typical office suite applications, database management, spreadsheet applications and electronic mail.
• Ability to work effectively in a team environment.
• Ability to listen well and communicate effectively orally and in writing with various audiences.
• Ability to exercise discretion or independent judgment.
• Ability to establish and maintain effective working relationships with Town employees, management, other jurisdictions and the general public.
• Ability to analyze data, issue findings, and develop recommendations.
• Ability to interpret, understand and comply with complex statutes, ordinances, regulations, standards, and laws.
• Ability to assist in developing, implementing, and evaluating policies and procedures.
• Ability to research, develop and lead formal and informal presentations and discussions with diverse groups.
• Ability to apply accounting and budgetary principles and relevant laws and regulations to the preparation and maintenance of fiscal, accounting, and budgetary records and reports.
• Ability to easily use all standard and many advanced spreadsheet and financial software functions.
• Ability to prepare clear and concise reports and to compile and analyze financial statements and reports.

TRAINING AND EXPERIENCE :

• A Bachelor's degree in accounting, finance or a related field from an accredited college or university is required. A Master's degree in accounting, finance or a related field, Certified Government Finance Officer (CGFO), and / or a Certified Public Accountant license is desirable.
• Minimum of eight years of experience in accounting or financial management is required. Previous experience in a municipal government or other public agency is preferred.
• Previous experience in employee supervision and budget management experience required.
• Knowledge of TABOR is preferred.

WORKING ENVIRONMENT / PHYSICAL REQUIREMENTS

The physical demands here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk and hear, and to use hands to finger, handle, touch or feel.

The employee is frequently required to stand, walk, sit, and reach with hands and arms. The employee is occasionally required to climb or balance and stoop, kneel, crouch, or crawl.

The employee must frequently lift and / or move up to 10 pounds and occasionally lift and / or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and the ability to adjust focus.

Most work is performed in a typical office setting. The noise level is usually moderate.

This position description is not intended to be an exclusive list of all of the requirements, duties, tasks, roles or responsibilities associated with the position.

Nothing in this position description restricts the Town's ability to assign, reassign, or eliminate duties and responsibilities at any time.

The Town is an at-will employer, and Town employees may be separated from employment at any time at the discretion of management.

The Town of Johnstown provides generous benefits including vacation, holiday, sick time, medical, dental, vision, life insurance, retirement plan contributions, and health savings accounts.

Application deadline : August 18, 2024

Expected Hiring Pay : $138,091 - $169,161, dependent on level of experience and qualifications.

Reasonable accommodation will be made to enable qualified individuals with disabilities to perform the essential functions.

The Town of Johnstown is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law or regulation.

It is our intention that all qualified applicants be given equal opportunity and that selection be based on job-related factors.