Finance Director

Is responsible for overseeing the Finance Department, the general financial affairs of Town, and maintaining the general accounting records of the Town in accordance with generally accepted accounting principles and with state statutes and regulations.  

(Any one position may not include all of the duties listed, or do the listed examples include all duties, which may be found in positions of this class.)

Maintains the general accounting records of the Town in accordance with generally accepted accounting principles and with state statutes and regulations.

 

1. Maintains the general accounting records of the Town in accordance with generally accepted accounting principles and with state statutes and regulations.
2. Coordinates the daily operations of the Finance Department.  
3. Supervises the Department staff; oversees their work, approves leave requests, handles concerns and complaints, evaluates performance, provides coaching and feedback, and, when necessary, recommends disciplinary action and issues approved discipline.
4. Prepares various management and compliance reports.
5. Audits certain invoices and purchase orders for available appropriations, proper account classifications, and required approvals prior to processing.
6. Prepares and records general journal entries.
7. Prepares monthly analyses of various general ledger accounts for internal control purposes.
8. Advises the Town Council in the adoption of investment policies and assists the Treasurer in investing Town funds in accordance with those policies.
9. Coordinates the preparation of the Town's annual budget and associated compliance reports and participates in all budget-related meetings.
10. Coordinates the preparation of the annual capital improvements program on behalf of the Planning Board.
11. Assists in the negotiation of collective bargaining agreements.
12. Responsible  for the competitive bidding of all purchases   costing $1,000 or more, to include the competitive bidding process for the Town's group health, dental, life, disability, workers compensation, unemployment, and property liability insurance coverage
13. Administers the Town's deferred compensation plans, unemployment compensation and property, and liability insurance coverage, , the processing of all property and liability claims, and ensures that all  Town insurance coverage is adequate.
14. Works in conjunction with the Human Resources Director on administering Town insurance plans and coverage.
15. Prepares multi-media presentations of Voters Guide and various financial reports.
16. Maintains the fixed asset accounting system.
17. Coordinates the issuance of bonds and other debt obligations.
18. Assists the Town Manager, the Town Council, and other departments and committees in various finance-related matters.
19. Monitors trends and makes recommendations regarding policies, procedures, operations and the administration of overseen divisions, including the Town Clerk/Tax Collector’s Office and Assessing Office.
20. Performs other related duties as required.

Thorough knowledge of generally accepted accounting principles and ability to apply this knowledge to varied municipal accounting transactions; thorough working knowledge of computerized payroll, accounts payable, fixed assets, and general accounting systems; working knowledge of cash management, investment, and purchasing concepts; familiarity with collective bargaining, long-term debt, retirement, and risk management concepts; ability to prepare and effectively present complete and accurate financial reports of some complexity; ability to establish an effective working relationship with other departments; working knowledge of spreadsheet and word processing software; ability to exercise logic and judgment in performance of duties. Ability to effectively supervise and manage their employees, assess work performance, identify areas that need improvement, and actively seek to resolve any concerns while adhering to Town Policy and standards of behavior.Bachelor degree in accounting and five years of general accounting experience; certified public accountant license preferred, governmental accounting experience required; at least 5 years of progressively responsible supervisory experience; or any equivalent combination of education and experience, which demonstrates possession of the required knowledge, skills, and abilities.