Finance Director

Posting number: 00703

Department: Finance/Accounting

Job classification: Director of Finance

Posting type: Open

Categories: Accounting and Finance, Management

Summary

General Description
The purpose of this position is to provide the overall administration and management of the financial operations of the City of Petersburg. This position job formulates long-range financial goals for the City, develops policy and position papers and advises the Chief Financial Officer on the City's financial status.

Duties and Responsibilities
The functions listed below are those that represent the majority of the time spent working in this job. Management may assign additional functions related to the type of work of the job as necessary.

Examples of duties

Provides oversight of all City of Petersburg financial operations.
 
Advises and assists the Chief Financial Officer in preparing the annual budget document and makes budget recommendations; collaborates with the  Chief Financial Officer, department heads and related staff to review, analyze and clarify budget submissions.
 
Prepares required budget documents and attends budget hearings; publishes the annual budget.

Advises the Chief Financial Officer on the fiscal impact related to City policy decisions and programming and staffing changes; provides financial analysis and reports on departments, operating funds, enterprise funds, budget variances, special grants, fixed assets, and related data.
 
Recommends and assists the Chief Financial Officer in the development of long range fiscal programs and financial management including maintaining capital improvement budget and plan in accordance with anticipated revenues.
 
Directs and maintains a central financial accounting and reporting system in accordance with Government Accounting Standards Board (GASB) rules and Generally Accepted Accounting Principles (GAAP); develops, recommends and implements accounting policies and procedures to establish internal controls and manage cash flow.

Oversees the preparation and submission of the City's Comprehensive Annual Financial Report (CAFR).    

Provides leadership and counsel to all staff assigned to the Finance Department.

Initiates, recommends and approves all personnel actions such as training, hiring, disciplining and counseling employees.
 
Administers the City's debt program and takes actions to maintain and strengthen the City's credit rating and reducing the debt portfolio by providing recommendations to balance the budget, reduce tax collection delinquency and maintain a stable levy and adequate fund balances.
 
Prepares required documents and analysis for bond and other long term debt issuance.

Supervises the management staff of the Finance Department and Procurement.
 
Additional Duties:
Works effectively with elected officials and other officials, bond rating agencies and with various department heads to meet the established strategic financial goals.

Facilitates and attends meetings that have financial and operational impact on the City.

Assists departments in developing strategic fiscal plans and continuous improvement initiatives pertaining to budgetary issues.
 
Continuously engages in both internal and external partnerships for the purpose of leveraging resources and analyzing and developing cost effective fiscal strategies.
 
Regularly seeks new and improved methodologies, policies and procedures for enhancing the effectiveness of the City's financial operations.

Develops goals and objectives for work units to measure effectiveness.

Makes presentations to elected officials, department heads, staff, citizens and other agencies or groups.

Performs related work as assigned.

Responsibilities, Requirements and Impacts Data Responsibility:
Data Responsibility refers to information, knowledge, and conceptions obtained by observation, investigation, interpretation, visualization, and mental creation.  Data are intangible and include numbers, words, symbols, ideas, concepts, and oral verbalizations.
 
Synthesizes or integrates analysis of data or information to discover facts or develop knowledge or interpretations; changes policies, procedures or methodologies based on new facts, knowledge, or interpretations.
 
People Responsibility:
People include co-workers, workers in other areas or agencies and the general public.
 
Negotiates, exchanges ideas, information and opinions with others to formulate policy and programs or arrive