Finance Director
Town Of Carrboro - Carrboro, NC
posted 4 months ago
About the position
The Finance Director position plays a pivotal role in providing leadership and oversight to the financial operations of the organization. Reporting to the Town Manager, the finance director is an integral part of the executive team responsible for shaping the strategic vision of the town. Their expertise in financial management, budgeting, and regulatory compliance is crucial in maintaining the town's fiscal health and ensuring alignment with financial regulations. Additionally, the finance director leads the Finance Department, supervising staff and contributing to cross-departmental initiatives. Work is performed in an office environment. This is sedentary work requiring the exertion of up to 10 pounds of force occasionally and a negligible amount of force frequently or constantly to move objects, and some light work requiring the exertion of up to 20 pounds of force occasionally, up to 10 pounds of force frequently, and a negligible amount of force constantly to move objects; work requires reaching, standing, walking, grasping, and repetitive motions; vocal communication is required for expressing or exchanging ideas by means of the spoken word; hearing is required to perceive information at normal spoken word levels; visual acuity is required for preparing and analyzing written or computer data, operation of motor vehicles or equipment, determining the accuracy and thoroughness of work, and observing general surroundings and activities; the worker is not subject to adverse environmental conditions. The Finance Director is responsible for planning, organizing, and directing the administrative functions of the town including budget, finance, and procurement. They act as the chief budget officer and finance officer for the town, analyzing revenue and expenditure trends and intergovernmental transfers, forecasting revenues and expenditures, and projecting growth patterns. The director develops the annual Five Year Financial Plan, coordinates the development of the capital improvement plan, and oversees the development of the annual operating budget. They supervise the management of the town's cash and investments, develop and implement financial policies to ensure compliance with legal requirements and professional standards, and coordinate the annual audit. The Finance Director collaborates with the executive management team to develop and implement the strategic vision for the organization, contributing specialized insights and knowledge to cross-departmental projects, planning, and budgeting efforts. They also develop and manage the department's financial plan, ensuring alignment with organizational goals and overseeing the fiscal operations of the department, while monitoring and reporting on progress toward departmental objectives outlined in the financial plan. Furthermore, the director supervises key departmental staff, providing clear job expectations and guidance, evaluates staff job performance, offers coaching and counseling, and ensures consistent policy and procedure adherence. They foster a culture of equity and inclusion as it aligns with the Town's values, serve on or lead various Town-wide committees as appointed by the Town Manager, and attend Council and community meetings as necessary, representing the department and the Town. The Finance Director stays updated with professional and technical knowledge and maintains required certifications related to departmental functions, undertakes a variety of special projects as directed by the Town Manager, and performs related tasks as required.
Responsibilities
- Plans, organizes and directs the administrative functions of the town including budget, finance, and procurement.
- Acts as chief budget officer and finance officer for the town.
- Analyzes revenue and expenditure trends and intergovernmental transfers.
- Forecasts revenues and expenditures; projects growth patterns.
- Develops annual Five Year Financial Plan; coordinates the development of the capital improvement plan.
- Oversees the development of the annual operating budget.
- Supervises the management of the town's cash and investments.
- Develops and implements financial policies to ensure compliance with legal requirements and professional standards.
- Coordinates the annual audit.
- Collaborates with the executive management team to develop and implement the strategic vision for the organization.
- Contributes specialized insights and knowledge to cross-departmental projects, planning, and budgeting efforts.
- Develops and manages the department's financial plan, ensuring alignment with organizational goals.
- Oversees the fiscal operations of the department.
- Monitors and reports on progress toward departmental objectives outlined in the financial plan.
- Supervises key departmental staff, providing clear job expectations and guidance.
- Evaluates staff job performance, offers coaching and counseling, and ensures consistent policy and procedure adherence.
- Fosters a culture of equity and inclusion as it aligns with Town's values.
- Serves on or leads various Town-wide committees as appointed by the Town Manager.
- Attends Council and community meetings as necessary, representing the department and the Town.
- Stays updated with professional and technical knowledge and maintains required certifications related to departmental functions.
- Undertakes a variety of special projects as directed by the Town Manager.
Requirements
- A valid driver's license.
- Graduation from an accredited college or university with a bachelor's degree in accounting, finance, public or business administration, or a related field.
- 6 years related experience in municipal government.
- Master's or JD preferred.
Nice-to-haves
- Experience in municipal finance and administration.
- Knowledge of pay and benefit systems and financial record-keeping systems.
