Director of Finance

City-of-Colonial-Heights,-V; Colonial Heights (VA); On-site; USD 115,000 - 140,000; Full time

Job summary

The City of Colonial Heights is seeking a highly professional Director of Finance to provide overall direction and leadership of the City's financial operations. The Hiring Range is $115,000 - $140,000; Negotiable (Anticipate hiring above the pay range minimum).

Reports to the City Manager and directs the Finance Department to include accounting, payroll, purchasing, risk management, utility billing, real estate assessment, and billing and collections.

Qualifications

• GAAP knowledge and municipal financial practices.
• Knowledge of governmental accounting, budget preparation, and account reconciliation.
• Strong leadership, managerial, communication (oral and written), and presentation skills.
• Strong quantitative and analytical skills.
• Ability to prepare informative financial reports.
• Ability to plan, organize, direct and evaluate the work of subordinate staff.
• Ability to evaluate complex financial systems and implement accounting methods, procedures, forms and records.
• Ability to build strong working relationships within and across departments and with city officials.

Responsibilities

• Directs, supervises, and evaluates Finance Department staff.
• Assists the City Manager with the development and implementation of financial matters, including budget preparations and controls, financial reports and statement preparations, and strategic planning.
• Prepares revenue estimates and coordinates budget preparation and review.
• Coordinates the issuance of bonds, bond rating agency presentations, and official statements concerning the amount of debt capacity.
• Oversees the preparation of fiscal statements and accounting systems and coordinates annual audit procedures and financial reports.
• Establishes and maintains citywide accounting and reporting systems pursuant to GASB and GAAP standards.
• Provides financial oversight for all departments.
• Oversees financial administration of grants and grant-funded programs.
• Appraises operating results in terms of costs, budgets, operating policies and procedures, and makes appropriate change recommendations.
• Invests City funds.
• Analyzes the City's existing debt structure, and projects future financing needs and options for funding those needs.
• Establishes and monitors short and long-term financial goals of the City, including the City's enterprise operations.
• Recommends financial policies and procedures, drafts and proposes financial accounting policies and practices to manage the City's financial risks by researching, analyzing, and implementing accepted governmental accounting policies and procedures.
• Coordinates procurement activities, reviews and approves city purchases.
• Addresses citizen inquiries.
• Other duties as assigned.

Skills

Leadership

Communication

Analytical skills

Budgeting

Presentation skills

Financial reporting

Education

Bachelor's Degree with 10+ years supervisory experience

Master's Degree with 5+ years supervisory experience

CPA desirable

CPFO desirable

Job description

** Open Until Filled. First review of applications to begin no later than October 2, 2026. **

The City of Colonial Heights is seeking a highly professional Director of Finance to provide overall direction and leadership of the City's financial operations.

Hiring Range: $115,000 - $140,000; Negotiable (Anticipate hiring above the pay range minimum).

This position, which reports to the City Manager, directs, manages, and oversees the staff and the functions of the Finance Department, to include Accounting, Payroll, Purchasing, Risk Management, Utility Billing, Real Estate Assessment, and Billing and Collections. Assists the City Manager with the development and implementation of financial matters, including budget preparations and controls, financial reports and statement preparations, and strategic planning; serves as an advisor to the City Manager and Department Directors.

• Directs, supervises, and evaluates Finance Department staff.
• Assists the City Manager with the development and implementation of financial matters, including budget preparations and controls, financial reports and statement preparations, and strategic planning.
• Prepares revenue estimates and coordinates budget preparation and review.
• Coordinates the issuance of bonds, bond rating agency presentations, and official statements concerning the amount of debt capacity.
• Oversees the preparation of fiscal statements and accounting systems and coordinates annual audit procedures and financial reports.
• Establishes and maintains citywide accountingand reporting systems pursuant to Government Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP) standards.
• Provides financial oversight for all departments.
• Oversees financial administration of grants and grant-funded programs.
• Appraises operating resultsin terms of costs, budgets, operating policies and procedures, and makes appropriate change recommendations.
• Invests City funds.
• Analyzes the City's existing debt structure, and projects future financing needs and options for funding those needs.
• Establishes and monitors shortand long-term financial goals of the City,including the City's enterprise operations.
• Recommends financial policies and procedures, drafts and proposes financial accounting policies and practices to manage the City's financial risks by researching, analyzing, and implementing accepted governmental accounting policies and procedures.
• Coordinates procurement activities, reviews and approves city purchases.
• Addresses citizen inquiries.
• Other duties as assigned.

• Bachelor's Degree and over 10-years directly related supervisory experience; or Master's Degree and over 5-years directly related supervisory experience, or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities.
• Certified Public Accountant (CPA) is desirable.
• Certified Public Finance Officer (CPFO) is desirable.

• Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP), and of general laws and administrative policies governing municipal financial practices and procedures.
• Comprehensive knowledge of the principles and practices of governmental accounting,budget preparation and account reconciliation.
• Must have strong leadership, managerial, communication (oral and written), and presentation skills; must have a clear and open communication style.
• Must have strong quantitative and analytical skills.
• Needs the ability to prepare informative financial reports.
• Needs the ability to plan, organize, direct and evaluate the work of subordinate staff.
• Needs the ability to evaluate complex financial systems and efficiently formulate and install accountingmethods, procedures, forms and records.
• Needs the abilityto build strong working relationships within and across departments, with the City's Management team, the Mayor and City Council, and other City officials.

The work is generally performed in an office environment. Typically, the employee may sit to do the work. However, there may be some walking, standing, stooping, carrying of light items such as papers, books, or small parts, or driving an automobile. No special physical demands are required to perform the work.

The work environment involves everyday risks or discomforts which require normal safety precautions. Use of safe work practices with office equipment, avoidance of trips and falls, observance of fire regulations and traffic signals are minimally required.