City Finance Director

This position is responsible for directing the City’s financial operations.

Examples of Duties

• Serves as Chief Financial Officer and financial advisor to the Finance Commissioner, the City Commission, and City administrators.
• Directs the development of the annual City budget and the five-year capital improvement plan.
• Provides leadership, planning and direction for Fiscal Services, Special Assessments, and Assessing divisions.
• Participates in inter-departmental meetings, projects, studies, task forces and committees to provide input, advice and technical assistance; works with the administration to develop and implement organizational improvements throughout city departments.
• Ensures compliance with the City’s budget ordinance, generally accepted accounting principles (GAAP), local ordinances, city policy directives, and applicable state and federal laws.
• Reviews and approves city contracts.
• Prepares various financial forecasts, monthly statements, and cash flow analyses of major city funds and projects; prepares or coordinates the submission of agenda items to City Commission meetings.
• Establishes the department budget and authorizes expenditures; prepares recommendations for budget amendments.
• Hires, trains, assigns, directs, schedules, supervises, evaluates and disciplines personnel.
• Prepares annual financial statements for city and police pension funds; interprets valuation reports and develops analysis and funding recommendations.
• Prepares all revenue and special assessment bonding transactions, including working with financial advisor, bond counsel, and rating agency to ensure successful issuance, adequate cash flow, and compliance with requirements.
• Reviews changes in state guidelines and professional standards; develops policies and procedures to ensure compliance; provides guidance to subordinate supervisors in the development of policies and procedures.
• Oversees the preparation of the Comprehensive Annual Financial Report (Annual Report) and the Schedule of Expenditures of Federal Awards.
• Manages the implementation of new accounting, federal, state, and other compliance requirements.
• Oversees the procurement process, policies, ordinances, and procedures.
• Manages the procurement officer and the functions of the procurement process.
• Organizes the pension actuarial process and prepares the schedules for the actuary to calculate the annual pension actuarial report.
• Assists with annual salary increase process.
• Member of the vacancy review committee.
• Manage the preparation of the annual Assessing Report and presentation to the City’s Board of Equalization.
• Oversees the selection of an independent auditor; assists with independent audits and implements changes to address findings.
• Performs related duties.

Minimum Qualifications

•Knowledge and level of competency commonly associated with the completion of a bachelor’s or master’s degree in a course of study related to financial management.
• CPA is preferred.
• Experience sufficient to thoroughly understand the diverse objectives and functions of the subunits in the division/department in order to direct and coordinate work within the division/department, usually interpreted to require seven years of related experience.
• Possession of or ability to readily obtain a valid driver’s license issued by the State of North Dakota for the type of vehicle or equipment operated.