Finance Director

Gfoat; Venus (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Gfoat seeks a Finance Director to lead the City’s finance department, ensuring GAAP compliance, accurate budgeting, and robust financial reporting. You will oversee cash flow, debt management, and capital projects while coaching professional staff and coordinating with City leadership.

The role requires a Bachelor’s degree in Accounting or Finance, 4 years’ related experience, and preference for CGFO certification. Texas residency and driving record may be required.

Qualifications

• Bachelor's degree in Accounting, Finance or related field required.
• Active CGFO license preferred.
• Proficient with Fundview software.
• 4 years of related work experience required.
• Must pass criminal and credit background checks.
• Valid Texas driver license and driving record required.

Responsibilities

• Oversees day-to-day operations of the finance department including purchasing, accounts payable, accounts receivable, payroll, billing, and collections for the City.
• Provides financial reports to City Directors, City Administrator, and City Council; attends meetings as needed.
• Prepares and analyzes financial data, records, statements, and reports.
• Plans and monitors annual budget and ensures purchases comply with policy.
• Directs debt issuance and manages investments and cash flow.
• Maintains general ledger per GAAP and supervises staff.

Skills

GAAP knowledge

Budgeting

Financial reporting

Debt management

Supervision

Leadership

Project management

Education

Bachelor's degree in Accounting, Finance or related field

CGFO license (preferred)

Tools

Fundview software

Job description

POSITION SUMMARY

TheFinanceDirectordevelops,plans,coordinates,manages,andenhancesthefiscalandfinancial stability, accountability, and integrity of the collection, investment, and disbursement of all city funds.Thisisaccomplishedbyensuringcompliancewithpoliciesandprocedures,managingcash andinvestments,preparingtheannualbudgetsandfinancialstatements,monitoringrevenuesand expenses,providingfinancialrecordsandreports,administeringthecity’sfinancialsoftware,and supervising subordinatepersonnel.

ESSENTIAL JOBFUNCTIONS

• Oversees and coordinates the day-to-day operations of the finance department including purchasing, accounts payable, accounts receivable, payroll, billing, and collections for the City.
• Provides monthly, quarterly, and annual financial reports to Department Directors, City Administrator, and City Council; attends Council meetings as necessary andrequired.
• Compiles, analyzes, and reviews financial data, records, statements, andreports.
• Creates,coordinates,andmonitorsthecity'sannualbudgetandassurespurchasescomplywith state procurement and financial policyguidelines.
• Prepares and presents agenda items to the Council asneeded.
• Provides financial leadership, training, and support for department directors and staff regarding budget reports and accountingsoftware.
• Directs the selection, administration, and evaluation of outside contracts for finance-related activities.
• Prepares and revises financial, accounting, and investment policies and procedures and implements controls in order to ensure operational efficiencies and effectiveness and compliance with generally accepted accounting principles(GAAP).
• Manages and evaluates sales tax and propertytaxes.
• Plans and monitors financials of capital improvement projects by recommending revenue sources, tracking expenses, and recording revenues, and grantmoney.
• Manages cash flow, ensuring adequate liquidity to pay weekly expenditures, payroll, debt service payments, and capitalexpenditures.
• DevelopsanddirectsstrategicdirectionfortheadministrationoftheCity'sinvestmentpolicy, debt policy, finance-related administrative directives, and internal controlstructure.
• Serves as the liaison for the Finance Department with other City departments and outside agencies and organizations; provides highly responsible staff assistance to the City Administrator andtheCityCouncil;preparesandpresentsstaffreportsandothernecessary correspondence.
• Manages issuance of debt by analyzing the need for new and existing debt and ensures completion of bond or debt issuance while working with underwriters, bond counsel, and financial advisors on capital leases, debt, and bondissuances.
• Oversees and maintains the general ledger in accordance with generally accepted accounting principles (GAAP).
• Performs yearly reviews of city’s fixed assets and inventory for accounting and insurance purposes.
• Prepares and files necessary documentation for federal, state, or local grants and reimbursements.
• Researches and implements time-saving programs, software, and processes for operational improvements and internal controls to create the most effective and efficient work environment.
• Responds to all financial inquiries and open records requests from citizens, vendors, and internalstaff.
• Maintains a good working relationship with all City staff and outsidevendors.
• AdherestoassignedworkscheduleasoutlinedintheDepartmentandCityattendancepolicies andprocedures;ensuresallbehaviorscomplywiththeCity’spersonnelrules,andregulations.
• May be required to work occasional evenings or weekends based upon operationalneeds.
• Organizes and/or assists with various employee functions throughout year as required.
• Performs other related job duties asassigned.

REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES

Knowledge of:

• Principles, standards, and practices of accounting, budgeting, finance, investment, and auditing for governmentalentities.
• Organizational and management practices as applied to the analysis and evaluation of programs, policies and operational needs including personnelmanagement.
• Principles of supervision, training and performanceevaluation.
• Generally accepted accounting principles(GAAP),pronouncementsandstandardsissued by GASB, and governmental accounting, auditing, and financial reportingguidelines.
• Texas law on budget and property tax publication process to postings, notices, andsuch.
• Municipal debt management and regulatoryrequirements.
• Current local, social, political and economic trends and operating challenges regarding financeprograms.
• Principles and practices of project management.

Skilled in

• Researching, analyzing, and evaluating new service delivery methods, procedures, and techniques.
• Analyzing problems, identifying alternative solutions, projecting consequences of proposed actions, and implementing recommendations in support ofgoals.
• Effectively administering a variety of financeactivities.
• Preparing clear and concise administrative and financialreports.
• Utilizing an integrated financial softwaresystem.

Ability to

• Workwellunderpressureandstress,meetfrequentdeadlines,andprioritizemultiplework assignments.
• Analyze and forecast sales and property tax information for budgeting and debt management.
• Analyze, and interpret complex financial and accounting sourcedocuments.
• Prepare financial statements, presentations, andreports.
• Deal effectively and courteously with the public and staff in problem-solvingsituations.
• Direct the operations of a modern financedepartment.
• Manage, direct, and coordinate the work of professional, technical, and clericalpersonnel.
• Provide administrative and professional leadership and direction for the Finance Department while exercising initiative and goodjudgment.
• Recommend and implement goals, objectives, and practices for providing effective and efficient financial operations and servicedelivery.
• Prepare and administer large and complex revenues and expendituresbudgets.
• Communicate clearly and concisely, both orally and inwriting.
• Establish and maintain cooperative and working relationships with those contacted in the course of work, including City and other governmental officials, community groups, and the generalpublic.

ENVIRONMENTAL FACTORS AND SAFETY HAZARDS

Primarily in an indoor environment with the ability to operate outdoors when needed. May be exposed to extreme heat and cold during summer and winter months.

TOOLS AND EQUIPMENT USED

Standard office equipment including multi-line telephone, computer, fax machine, copier, shredder, scanner, printer, etc.

EDUCATION, EXPERIENCE, AND CERTIFICATIONS

Bachelor’s Degree in Accounting, Finance or related field; and four (4) years of related work experience.

Active Certified Government Finance Officer (CGFO) license in the State of Texas preferred.

Proficient with Fundview software.

Must pass a criminal background check, and credit check.

A Valid Class C Texas motor vehicle driver license and the ability to maintain a satisfactory driving record.