Division Director of Finance
Frederick County Government
·Yesterday
- Salary
- $143k – $264k/yr
- Location
- Winchester Hall - Frederick, MD, MD
- Department
- Finance
- Seniority
- Director
- Experience
- 10+ years
- Education
- Master
- Source
- GovernmentJobs
Description
The Director of Finance provides strategic financial leadership and executive-level fiscal oversight for Frederick County government. This position serves as a key advisor to the County Executive, County Council, Chief Financial Officer, and County leadership on financial planning, policy development, fiscal analysis, budgeting, investment management, debt administration, and long-range financial sustainability.
This position plans, organizes, directs, and evaluates the programs, services, and operations of the Finance Division, including the Accounting, Debt & Benefit Trust Management, Finance Administration, Grants Management, and Treasury departments. Responsibilities include overseeing the County's financial operations; developing and implementing financial policies and procedures; ensuring compliance with applicable laws, regulations, and accounting standards; and leading continuous improvements to financial management systems and business processes.
The Director of Finance plays a critical role in safeguarding the County's long-term financial health through effective fiscal management, strategic planning, financial reporting, investment oversight, debt management, grant administration, and organizational leadership.
This position serves at the pleasure of the County Executive in accordance with Article 5 of the Frederick County Charter and reports to the Chief Financial Officer.
For best consideration, submit your application by 4:00 p.m. Monday, November 30th.
Frederick County Government values the principles of diversity and inclusion, and strives to ensure equal opportunities for its workforce, applicants and community members. If you are a person who wants to make a difference, give back to your community, and be a voice for change, apply to Frederick County Government today.
TOTAL COMPENSATION PACKAGE:
Frederick County offers an extensive compensation package to reflect how highly we value our employees. The following is what you can expect in your first year as a full-time benefited Frederick County Government employee.
- 11 days of Vacation leave with increase after 2 years of employment
- 15 days of Sick leave with unlimited annual carryover
- 11 paid holidays, plus 2 additional floating holidays (10 and 11 month employees may not receive all holidays)
- Day 1 coverage of comprehensive Medical Insurance Plan options to include generous County Health Savings Account (HSA) contribution (if enrolled in the high-deductible plan). This is part of a full range of benefits including Dental, Vision, and Flexible Spending
- Employee Health Center with no or low-cost primary and urgent care
- 100% County paid 2x annual salary Group Term Life Insurance and Accidental Death & Dismemberment (AD&D) benefit
- County and Employee funded Defined Benefit Pension Plan
- Vesting after 5 years of service
- Additional service credit for eligible previous public service, military service, etc.
- Work/Life balance programs include: Employee Assistance Program and Employee Wellness Program
- Generous Tuition Reimbursement Program
- Other employee-paid benefits such as Deferred Compensation Plan, Legal Resources, Supplemental Life Insurance, Critical Illness, Accident, and Hospital Indemnity Insurance, Lifetime Benefit with Long Term Care plan
NOTE: Benefited employees will accrue service and leave based on the FTE and/or hours worked per calendar year.
For more information, visit our benefits page on the Frederick County Government job opportunities webpage.
- Develop, execute, and modify the Division’s Strategic Plan; set direction, prioritize projects, and establish long- and short-range goals
- Guide and oversee development and monitoring of the Operating Budget using outcomes-based budgeting; present to County Executive and County Council
- Align budgeting with the Division’s strategic plan and County goals
- Stay current on federal, state, and county regulations and ensure full compliance across all programs and operations
- Develop, analyze, and interpret all financial policies to ensure fiscal soundness and operational efficacy
- Develop and maintain effective procedures and improvements to the County’s financial management system following generally accepted accounting principles
- Monitor the County’s public debt portfolio for compliance with all federal, state, and local regulations
- Oversee the completion of all annual bond related continuing disclosures and reports
- Oversee and coordinate the County’s credit presentations to bond rating agencies
- Lead long-term financial planning initiatives, including multi-year forecasting and modeling
- Direct the preparation of reports needed to forecast and monitor the County’s financial condition
- Oversee the coordination of the County’s investments and cash flow needs
- Serve as Trustee and participate in fiduciary fund committees for pension, OPEB, deferred compensation, and LOSAP
- Oversee the annual external audit process and act as liaison with external auditors
- Develop and implement internal financial controls to safeguard County assets
- Evaluate and oversee the implementation of enhancements to financial systems, technologies, and reporting tools
- Provide comprehensive personnel management leadership: hiring, training, supervising, evaluating, recordkeeping, payroll oversight, staffing, and professional development
- Promote diversity, equity, inclusion, and belonging; collaborate with Chief Equity & Inclusion Officer; embed equitable practices in programs and operations
- Lead with innovation by staying current on industry standards, best practices, and emerging trends; incorporate evidence-based approaches into planning
- Implement County-wide administrative initiatives and projects
- Perform other related duties as required
To perform this job successfully, an employee must be able to perform all essential functions satisfactorily. Any employee's position may not be assigned all functions or equipment listed above, and the examples may not cover all functions or equipment that may be assigned. Reasonable accommodations may be provided to enable individuals.
The qualifications/requirements, knowledge/skills/abilities and physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Bachelor’s degree in accounting, finance, business administration, or a related field
- Minimum of 10 years of management experience working in accounting, budgeting, or financial operations which must include: (experience areas may be concurrent)
- Minimum of 5 years of supervisory experience
- Minimum of 3 years of budget experience
- Minimum of 5 years of experience in governmental financial management which includes policy development and implementation
- Experience preparing complex financial statements (e.g. Annual Comprehensive Finance Report or bond issuance-related documents)
- Certified Public Accountant (CPA) or Certified Public Finance Officer (CPFO)
Substitutions for the above-listed required education and experience is a Master’s degree with 8 years of experience as described above, which must include 5 years of supervisory experience, 5 years of experience in governmental financial management which includes policy development and implementation, and experience preparing complex financial statements
KNOWLEDGE / SKILLS / ABILITIES:
A successful incumbent operating in this role displays the following:
- Advanced knowledge of local government management practices and procedures related to planning, budgeting, personnel, purchasing and acquisitions, contracts, capital improvement expenditures, and general administration
- Advanced knowledge of government finance administration principles and public-sector accounting standards (Generally Accepted Accounting Principles and Government Accounting Standards Board)
- Knowledge of County procedures, policies, fiscal policies, and operating philosophies
- Advanced knowledge of federal, state, and local financial laws, regulations, and reporting requirements
- Advanced knowledge of budgeting, financial reporting, and internal control practices
- Advanced knowledge of credit rating criteria and bond sale process
- Advanced knowledge of federal grant accounting and compliance requirements
- Demonstrated leadership skills and commitment to staff development
- Skilled in analyzing complex financial information and developing financial models, forecasts, and reports
- Strong and effective spoken and written communication skills, including the ability to prepare and present clear, concise reports and presentations
- Skilled in effective written and verbal communication, including presenting complex concepts clearly
- Skilled in leadership, supervision, coaching, and staff development
- Skilled in strategic planning, decision-making, and change management
- Skilled in conflict resolution, collaboration, and maintaining professional relationships
- Strong organizational skills, including the ability to manage multiple priorities and resolve complex issues
- Discretion and good judgment when handling politically sensitive, confidential, and personal information while maintaining appropriate confidentiality
- Ability to effectively supervise and evaluate the performance of division staff
- Ability to effectively administer the division budget and compile and analyze detailed fiscal and statistical information
- Ability to build and maintain effective working relationships with government officials, related boards, co-workers, and the public
- Ability to effectively organize work, determine priorities, make decisions, and complete duties with minimal supervision
- Ability to effectively access and utilize Microsoft 365 and other systems and equipment, and willingness to learn new software as required
- Ability to interpret and apply policies, procedures, laws, and regulations
- Ability to identify and respond to financial issues, risks, and emerging concerns
- Ability to communicate and present financial information professionally to leadership and stakeholders
- Ability to develop partnerships across departments and external organizations
- Ability to oversee the implementation of improvements to financial systems, processes, and technologies
- Ability to manage multiple priorities and meet strict deadlines
PREFERENCE MAY BE GIVEN FOR:
- Master's degree in Accounting, Finance, Public Administration, Business Administration, or a related field
- Senior-level finance leadership experience in county or municipal government
- Experience with debt management, bond issuances, and credit rating agency presentations
- Experience in long-range financial planning, and forecasting
- Experience overseeing financial system and process improvement implementations
PHYSICAL REQUIREMENTS / WORKING CONDITIONS:
- While working in this position, the employee is required to constantly sit
- While working in this position, the employee is required to constantly work indoors
- Failure to meet or maintain the minimum qualifications or additional requirements may result in disciplinary action up to and including termination
- Flexibility in routine work schedule to accommodate meetings, occasionally with short notice, at various times, including nights and weekends
- This position is considered essential during emergency events or at other times as determined by County leadership
- Ability to provide own transportation to other local and state-wide locations, as needed
EXAMINATION PROCESS (may include):
1) An evaluation of training and experience
2) One or more interviews
3) A pre-employment fingerprint supported background investigation