Finance Director

Department/Agency of position: 
City of Thornton
Location of position: 
Thornton, CO
$138,096.00 – $182,287.00 Annually
Date Posted: 
Thursday, April 18, 2019
Closing Date: 
Sunday, June 30, 2019
Job Description: 

SUMMARY Under administrative direction, directs and manages all activities to safeguard the assets of the city of Thornton and accurately report the city's financial status.

ESSENTIAL FUNCTIONS (Essential functions, as defined under the Americans with Disabilities Act, may include the following tasks, knowledge, skills and other characteristics. The list of tasks is ILLUSTRATIVE ONLY, and is not a comprehensive listing of all functions and tasks performed by positions in this class.)

Directs and manages all activities and operations of Finance, including general accounting, financial reporting, capital financing, debt service, internal audits, financial planning, cash management, investments, utility billing, and sales and use tax auditing.

Manages, supervises and directs the activities of assigned staff and functions; makes recommendations regarding hiring, discipline, termination or advancement of employees. Schedules employees, assigns work, and monitors progress; guides, trains and develops employees in the accomplishment of their duties and professional growth; evaluates performance.

Develops and implements rules, regulations, policies, and procedures to advance the department's mission, goals, and objectives.

Safeguards the assets of the city and regularly and accurately reports its financial status.

Maintains a thorough knowledge of federal, state, and local laws, statutes, ordinances, standards, and procedures related to municipal finance and ensures their implementation. Strategically plans for the future.

Identifies and develops courses of action to respond to the city's financial needs; represents the city in meetings with bankers, bond counsel, engineers, and litigators.

Develops financial plans for the city and its various functions; reviews monthly financial reports, identifying and responding to issues; reviews investments daily.

Coordinates the issuance of bonds and other debt instruments.

Coordinates with staff to develop and maintain a cash flow plan to fund significant water projects, particularly those that will require issuance of debt.

Develops and implements sector budget; forecasts the necessary funds for staffing, equipment, materials and supplies. Submits budget recommendations and justifications. Monitors expenditures against approved budget.

Manages and updates water rate and connection fee studies to ensure the city's rates and fees are sufficient to fund both the operating and capital plans of the Water Utility while maintaining a competitive position with neighboring cities.

Coordinates with Economic and City Development on financial plans within the city's Urban Renewal Plan Areas to ensure that the financial outcomes of the Plan Areas align with the city's goals to enhance infrastructure improvements and economic activity, as well as grow and diversify the retail base of the city.

Reviews and approves the City's Comprehensive Annual Financial Report.

Manages special projects as assigned.

Performs other duties as assigned.

QUALIFICATIONS Education/Experience: Bachelor's degree in Finance or related field from an accredited college or university; seven years' progressively responsible experience in finance; public sector experience preferred; three years of supervisory and managerial experience. Equivalent combinations of education and experience may be considered. “Colorado” experience as a Finance Director or Deputy Finance Director is preferred.

Licensing/Certification Requirements: Registration as a Certified Public Accountant (CPA) or Certified Public Finance Officer (CPFO).

Knowledge, Skills, and Abilities: Knowledge of the policies, procedures and goals of the city of Thornton and the department. Knowledge of city of Thornton accounting, budgeting, financial reporting, purchasing, auditing, and bookkeeping policies, goals and procedures. Knowledge of theory, principles, practices, and methods of governmental accounting, including Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) statements and pronouncements. Knowledge of the theory, principles, practices, and methods of contract administration and management information systems. Knowledge of city of Thornton personnel policies, practices and procedures. Knowledge of state and local statutes, ordinances, resolutions, and charter relating to municipal finance. Knowledge of the principles and practices of public administration, including public finance, strategic planning, organizational development, management, budgeting, employee supervision and training. Knowledge of the general principles, methods, techniques, and practices of automated accounting. Knowledge of the principles of finance. Skill in managing and directing financial operations, programs and special projects. Skill in overseeing or performing special accounting and audit processes and complex accounting tasks. Skill in planning, organizing, assigning and coordinating the activities of a professional and technical staff. Skill in determining levels of staff, equipment, and other resources needed to effectively and efficiently provide departmental services. Skill in performing complex mathematical computations. Ability to develop, manage and maintain complex budgets. Ability to develop and achieve missions, goals, and objectives. Ability to develop, recommend, implement, and evaluate policies and procedures. Ability to motivate, lead, supervise and train employees. Ability to research, develop and lead formal and informal presentations and discussions with diverse groups. Ability to represent the city with professional organizations, outside agencies, and the public. Ability to research, evaluate, and implement new methods and techniques for operational improvement. Ability to monitor departmental operations and customer service to ensure quality control, and to identify and resolve deficiencies. Ability to supervise the preparation of complex budgetary, financial, and statistical reports. Ability to comprehend, implement and adhere to GAAP and GASB standards. Ability to coordinate financial matters appropriately with other city departments. Ability to listen well and communicate effectively orally and in writing with various audiences. Ability to respond with tact, composure, and courtesy when dealing with difficult situations. Ability to deal constructively with conflict and develop consensus. Ability to analyze problems, identify alternative solutions, project consequences of proposed actions, and implement recommendations in support of goals. Ability to interpret, understand, and comply with complex statutes, ordinances, regulations, standards, and laws. Ability to analyze and evaluate information accurately, and to express ideas clearly when providing oral and written reports or recommendations on administrative, financial and technical issues. Ability to routinely exercise discretionary authority. Ability to use standard office equipment, computer equipment and software, including word processing, data base management, spreadsheet applications and electronic mail. Ability to establish and maintain effective working relationships with city employees, management, financial institutions, other agencies and the general public.

Physical and Mental Requirements: While performing the duties of this job, the employee is regularly required to sit, stand, walk, talk, hear, see and demonstrate manual dexterity. The employee is also required to perform light lifting.