Finance Officer

City of Boone, IA; Boone (IA); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Health, Dental, and Vision Insurance

IPERS

11 paid holidays

Vacation and sick leave

Job summary

The City of Boone, IA is seeking an experienced Finance Officer to oversee financial operations and guide strategic financial planning to support community growth. This role involves budgeting, reporting, compliance, and HR management within a small department, requiring a Bachelor's degree in accounting or finance and five years of relevant experience.

Candidates should possess strong software abilities, excellent communication skills, and a comprehensive understanding of municipal finance. The successful applicant will enjoy various benefits including health insurance and retirement plans.

Qualifications

• Minimum of five (5) years in municipal or governmental finance management.
• Experience with supervisory responsibilities.
• Bachelor’s degree in accounting or finance required.

Responsibilities

• Forecast sustainable financial future via modeling and projections.
• Prepare, present, and administer annual budgets.
• Oversee general accounting, payroll, accounts payable and receivables.

Skills

Ability to take initiative and work efficiently

Strong management skills

Strong software skills: Microsoft 365

Knowledge of Tax Increment Financing (TIF)

Knowledge of payroll regulations

Excellent communication skills

Education

Bachelor’s degree in accounting or finance

Master’s degree preferred

Certified Public Accountant

Tools

Microsoft 365 (Excel, Word, Outlook, PowerPoint)

Job description

The City of Boone is seeking a detail-oriented and strategically minded experienced Finance Officer to join a dynamic and forward-thinking organization to help guide our financial operations and support sustainable growth. Boone, Iowa is a progressive and growing county-seat community of 12,460 residents located 15 miles west of Ames and 45 miles northwest of Des Moines. Boone offers an abundance of outdoor activities from skiing in the winter to “riding the rails” in the summer, to beautiful hikes or a calm drive through the Ledges State Park.

With the construction of a 1.2 million square foot Daisy Brand facility underway, the City is undergoing significant infrastructure projects that include water and wastewater plant upgrades, street upgrades, water reservoir, water tower, and lift station. In addition, the community has several new housing developments underway.

Under the general direction of the City Administrator, the Finance Officer is in a highly responsible operations and oversight position. The Finance Officer oversees all financial operations of the City and maintains the official financial records. This is a small department and requires the Finance Officer to be highly involved in completing all duties.

Duties

Financial Management & Strategy

• Strategic Planning: Forecast the sustainable financial future through modeling, projections, and the development of innovative strategies that support the City’s growth and development initiatives.
• Budgeting: In collaboration with the City Administrator and key stakeholders prepare, present, and administer the City’s annual operating and capital budgets, including all state-required reports, actively participating as a core member of the leadership team.
• Oversight & Compliance: Oversee all financial operations, including general accounting, payroll, accounts payable and receivables, grant requirements, utility fund finances, development agreements, ensuring adherence to GAAP, GASP, and all state and federal requirements.
• Reporting: Prepare and present accurate monthly finance reports and other periodic statements of the City’s financial conditions to the City Administrator and City Council.
• Debt & Audit Management: Coordinate citywide audits, manage post-issuance compliance for municipal bonds and grants, and oversee management of City revenues and investment strategies.
• Risk Management: Oversee and participate in the City’s risk management and insurance oversight.

HR Management

• HR Management: Manage employee benefits, compensation systems, and HR policy development in coordination with the City Administrator.
• Payroll Compliance: Oversee payroll, ensuring strict compliance with federal and state regulations including COBRA, FMLA, FLSA, HIPAA, and ACA.

Knowledge, Skills, and Abilities Required

• Ability to take initiative and work efficiently.
• Ability to work independently with intermittent direct supervision.
• Strong management skills: ability to lead, mentor, counsel, and develop others.
• Strong software skills: Microsoft 365 (Excel, Word, Outlook, and PowerPoint), PlanIt, and Caselle.
• Knowledge of Tax Increment Financing (TIF) and Urban Revitalization Laws.
• Knowledge of payroll, state and federal regulations, and employee benefit administration.
• Ability to deal professionally, confidentially, and tactfully with employees, management, citizens, bankers, and other business associates.
• Excellent written, oral, and interpersonal communication and listening skills.
• Problem solving, sound judgement and decision-making abilities.
• Ability to concentrate in a diverse work setting.
• Maintain confidentiality.
• Perform job functions adhering to safety guidelines and policies set forth by the administration and/or supervisor.
• Knowledge of federal and state tax laws.
• Knowledge of typical office equipment.

Qualifications

• Education: Bachelor’s degree in accounting or finance.
• Preferred Education: Master’s degree in accounting, finance, or public administration, Certified Municipal Clerk or sufficient training to be a Certified Municipal Clerk. Certified Public Accountant.
• Experience: Minimum of five (5) years of progressive experience in municipal or governmental finance management, including supervisory experience.

The successful candidate will be required to pass a background check including a credit check prior to beginning work.

Salary and Benefits

• 11 paid holidays, sick leave, vacation, IPERS, Health, Dental, Vision, and Life Insurance, and Cafeteria Plan.

Residency requirement: Must live within 30 miles of City of Boone corporate limits or be willing to move within 6 months after accepting the position.