Finance Director

Vermont League of Cities and Towns; Vermont; On-site; USD 100,000 - 115,000; Full time

Job summary

The Town of Killington is seeking a Finance Director, the town's chief financial officer responsible for all financial operations, policy, budgeting, audit and the TIF district. The director will supervise staff and work with the Town Manager and Select Board to ensure accurate financial reporting.

Responsibilities include leading GL, close, payables, payroll, debt management, annual budgets, internal controls, and audits; overseeing grants and local option taxes, and presenting regular reports

Qualifications

• Bachelor's degree in accounting, finance or public administration and 7 years of accounting experience.
• 7+ years progressively responsible accounting experience including 3 years supervising staff and audits.
• CPA or CGFM; master's in accounting, finance or public administration; Vermont TIF, municipal or school district experience; NEMRC experience.

Responsibilities

• Direct all Town financial operations: general ledger, close, payables, payroll, cash and investment management, debt and capital financing.
• Administer the TIF district: track original and incremental taxable value, calculate and apportion increment, manage TIF debt service, and prepare required annual reports and filings with the VEPC and other state agencies.
• Keep TIF records, project costs and debt fully documented and audit-ready, and ensure TIF expenditures comply with the approved plan and Vermont statute.
• Develop and present the annual operating and capital budgets and long-range financial forecasts to the Town Manager and Select Board.
• Set and enforce financial policies and internal controls, including segregation of duties, approval authority and fraud prevention.
• Lead the annual independent audit and any Single Audit; deliver clean, timely financial statements and resolve findings and management-letter comments.
• Review and approve the Staff Accountant's adjusting entries, reconciliations and close; supervise, train and evaluate finance staff.
• Oversee grant financial management, tax and local option tax revenue, and compliance with Vermont statutes, GASB and Uniform Guidance.
• Present regular financial reports at Select Board meetings.

Skills

GAAP knowledge

GASB knowledge

Internal controls

Audit leadership

Staff supervision

Education

Bachelor's degree in accounting, finance or public administration

CPA or CGFM

Master's degree in accounting, finance or public administration

Tools

NEMRC

Job description

Town of Killington, Vermont · Finance Department · Reports to: Town Manager · Full-time · $100,000–$115,000 based on experience

Position Summary

The Finance Director is the Town's chief financial officer, responsible for all financial operations, policy, budgeting, audit and the Town's Tax Increment Financing (TIF) district. The Director supervises the Staff Accountant and Bookkeeper, coordinates with the elected Treasurer, and advises the Town Manager and Select Board on the Town's financial condition. The position is held to the highest standard of accuracy, integrity and accountability for the Town's records, controls and reporting.

• Direct all Town financial operations: general ledger, close, payables, payroll, cash and investment management, debt and capital financing.
• Administer the TIF district: track original and incremental taxable value, calculate and apportion increment, manage TIF debt service, and prepare required annual reports and filings with the Vermont Economic Progress Council (VEPC) and other state agencies.
• Keep TIF records, project costs and debt fully documented and audit-ready, and ensure TIF expenditures comply with the approved plan and Vermont statute.
• Develop and present the annual operating and capital budgets and long-range financial forecasts to the Town Manager and Select Board.
• Set and enforce financial policies and internal controls, including segregation of duties, approval authority and fraud prevention.
• Lead the annual independent audit and any Single Audit; deliver clean, timely financial statements and resolve findings and management-letter comments.
• Review and approve the Staff Accountant's adjusting entries, reconciliations and close; supervise, train and evaluate finance staff.
• Oversee grant financial management, tax and local option tax revenue, and compliance with Vermont statutes, GASB and Uniform Guidance.
• Present regular financial reports at Select Board meetings.

Knowledge, Skills and Abilities

• Expert knowledge of GAAP, GASB, fund accounting, municipal debt and Vermont municipal finance law, including TIF statute and VEPC rules.
• Proven ability to build internal controls, lead audits and produce accurate financial statements on deadline.
• Strong leadership, judgment and integrity; able to explain complex finances to elected officials and the public in plain terms.

Qualifications

Minimum: Bachelor's degree in accounting, finance or public administration and seven years of progressively responsible accounting experience, including three years supervising staff and leading audits, or an equivalent combination of education and experience.

Preferred: CPA or CGFM; master's degree in accounting, finance or public administration; TIF, municipal or school district experience in Vermont; NEMRC experience.

The Town of Killington is an equal opportunity employer. This description does not create an employment contract; the Town may revise duties and requirements at any time.