Assistant Finance Director

Assistant Finance Director
Town of Watertown
 Watertown, Connecticut
Job Description

The Town of Watertown, Connecticut is accepting applications for a Full-Time Assistant Finance Director. The annual salary will be based on the union contract for this position.

Candidate will work under the general direction of the Finance Director. They are responsible for assisting in the administration of the Town’s Finance Department including the accounting for and the investment of the Town funds.

Assists the Finance Director by providing direction and general supervision to the IT Supervisor, Purchasing Agent, Bookkeeper I, Bookkeeper II, Payroll /Bookkeeper, Tax Collector and the Assessor.

Essential Duties and Responsibilities include:

  • Assists with the planning, organizing, evaluating and administering the Town’s liability insurance, health insurance, personnel, cash management and accounting functions
  • Prepares financial reports for use for debt bonding, auditing, survey and internal financial purposes of the Town
  • Records fund receipts and deposits
  • Maintains income receipts for a number of general and special fund accounts
  • Invests excess funds and manages maturing investments to meet funding requirements of the Town
  • Performs a variety of accounting functions including set up of journal and ledger sheets, check entry, posting in appropriate ledgers and computing cash balances and cash reconciliations
  • Compiles a variety of financial reports including year end fund reports, quadrennial State reports, monthly State special reports, bonding reports (as required), schedules of Town revenues and schedules of monies received from the State
  • Consults with Town officials on accounting and investment matters
  • Assists with the design, schedules and the preparation of the annual budget
  • Controls Departmental expenditures according to budgetary constraints
  • Performs a variety of administrative tasks, departmental coordination, decision implementation and intergovernmental coordination
  • Performs related work as required with Town, School, State officials and the general public

The above duties describe the most significant responsibilities performed and are not to be considered a detailed description of every duty of the position. Other related duties may be assigned by the Finance Director.

Required Skills and Abilities include:

  • Must have considerable knowledge of municipal finance, accounting, personnel and debt management practices
  • Good knowledge of short-term money market
  • Good knowledge of municipal liability and health insurance programs
  • Must have good business math skills and the ability to plan, organize, direct and evaluate municipal finance programs
  • A strong knowledge of Excel and Software Merging
  • Considerable ability to prepare financial records and reports
  • Must have good ability to communicate orally and in writing
  • Good ability to read and interpret regulations
  • Considerable ability to establish and maintain effective working relationships with Town, State and Federal officials, Town Employees and the general public
  • Considerable ability to plan, supervise, and evaluate the work of subordinates

Qualifications are a graduate from an accredited college or university with a degree in accounting or a related field plus five (5) years of experience in municipal accounting/finance OR graduate from high school in a business curriculum plus ten (10) years of progressively responsible municipal accounting experience OR any combination of experience and training which provides a demonstrated ability to perform the duties of the position.

Must be bondable in accordance with the General Statutes of the State of Connecticut.

Job Applications can be picked up at the Town Hall or online at and should be sent to the Human Resources Department, Town Hall, 61 Echo Lake Rd., Watertown CT 06795. NO PHONE CALLS WILL BE ACCEPTED. EOE.