Director of Finance

Director of Finance
City of Morgantown
 Morgantown, West Virginia
Job Description

DEFINITION/SUMMARY:
Works under the direction of the City Manager. Responsible for budgeting, financial reporting, revenue collection, cash and debt management, pension funds, TIF districts, and supervising the finance department staff. Works with city management, employees, Council and boards, tax and fee payers, vendors, and others on areas of responsibilities. Performs duties in compliance with City Code, State Regulations, and departmental policies and directives.

MINIMUM QUALIFICATIONS:

At least two years of work performance in a financial management position.

EDUCATION:

BSBA in Accounting or Finance

KNOWLEDGE:

Knows how to use computer hardware and software including Microsoft Office, email, accounting software and internet browser programs.

SKILLS/ABILITIES:

Ability to think strategically and analyze situations to understand the impact decisions will have on the City

Thoroughness and meticulous attention to detail

Ability to work as a team with other department heads and employees, staff, and others to complete projects and other duties.

Strong work ethic and diligent to deliver results with excellence

Strong communication skills

Computer proficiency

LICENSURE/CERTIFICATIONS:

Must be a Certified Public Accountant or have an equivalent combination of education and experience.

PREFERRED QUALIFICATIONS:

Customer service experience
Intermediate user of Microsoft Excel, Word and Outlook

EXTERNAL CONTACTS WITH PUBLIC AND OFFICIALS:

Communicates with city management, department heads, City Council, boards, citizens, business owners, and other parties concerning financial related matters.

ESSENTIAL DUTIES:

  • Directs finance department and supervises Financial Reporting Manager, Compliance Manager, Revenue Manager and Administrative Assistant/Business Licensing Clerk
    o Trains, evaluates, disciplines, and hires new staff
    o Promotes a consumer-friendly environment within the department
    o Work closely with department managers on projects to build a culture of continuous improvement
  • Directs monthly, quarterly, and annual financial reporting
    o Reviews and approves monthly reports for all funds
    o Prepares City annual report
    o Oversees and reviews ClearGov and/or OpenGov financial transparency portals
    o Makes presentations to City Council, boards, and other stakeholders as necessary
  • Prepares and administers the City budgets and 5-year capital improvement plan
    o Ensures compliance with WV State Auditor requirements and City Charter requirements
    o Involves Department Heads and other stakeholders in process
    o Provides strategic financial input to City Manager relating to revenues, expenditures, capital needs, and recommendations
    o Prepares proposed and adopted final budget documents
  • Directs the financial operations of the City by an established enterprise accounting system and by financial policies and procedures
    o Approves all purchase orders and payment requests of $25,000 or more. Ensures budget appropriations and other requirements are met
  • Handles cash management and manages banking relationships
  • Oversees the investment of City funds
  • Manages and administers all debt obligations of the City, Boards, and Commissions
    o Works with bond placement agents and bond counsel on new bond issues, refunding bond issues, and other matters as necessary
    o Plans for and makes recommendations on funding capital projects as needed
    o Report to management and boards on bond status
  • Directs financial grant obligations and receipts
  • Oversees vehicle fleet management program
  • Administers and financially manages the City’s five TIF districts
    o Prepare TIF annual reports for submission to the WV Development Office
  • Assists HR with the annual life and health insurance renewal
    o Seek out cost control measures
    o Project annual costs for premium calculations
    o Meet with broker to track progress during year and plan for next open enrollment
  • Directs property and liability insurance renewal and workers comp renewal
    o Manage insurance relationship
    o Facilitate underwriting visits and meetings
    o Provide requested information for insurance renewals
    o Make coverage recommendations as deemed necessary
  • Manages and prepares for City-wide annual audit
    o Oversees and manages internal controls to protect City assets
    o Ensures City is in compliance with Generally Accepted Accounting Principles (GAAP) set forth by the Governmental Accounting Standards Board (GASB)
  • Serves as treasurer for each of the City’s three pension plans (Employee, Police and Fire)
    o Oversees and manages all administrative functions
    o Reviews all new retiree pension calculations
    o Prepare and certify annual reports and State surtax payment requests
    o Attends and participates in all board meetings
  • Serves as Ex-officio treasurer and financial advisor for BOPARC. Attend monthly board meetings providing financial updates. Provide financial guidance on capital projects and budget
  • Serves as treasurer and financial advisor for the Morgantown Parking Authority
  • Establishes and maintains written Financial Management policies and procedures
  • Attends and participates in weekly City Manager meetings
  • Performs other work-related duties and projects as assigned by the City Manager and Assistant City Manager

WORKING CONDITIONS/PHYSICAL REQUIREMENTS:

  • While performing the duties of this job, the employee is regularly required to type, file or lift office supplies up to 20 pounds. The employee is frequently required to sit, stand, talk and hear.

EQUIPMENT USED:

  • Computer
  • Business Hub Copier

To apply please email: human.resources@morgantownwv.com