Finance Officer

Finance Officer
Town of Vernon Finance Department
 Vernon, Connecticut
Job Description

THE IDEAL CANDIDATE:

An individual with strong leadership capabilities to lead and manage departments under the jurisdiction of the Finance Officer with efficiency and integrity.

GENERAL STATEMENT OF DUTIES:

Plans, organizes and directs the financial, accounting, cash management, investments, payroll, insurances, pension financing, debt service, debt structure and purchasing operations of the entire town. Plans, organizes and submits recommendations for the annual operating and capital improvement budgets. Implements and administers the approved annual budgets. Oversees all revenue collection, assessment operations and budget administration.

ESSENTIAL JOB FUNCTIONS:

Directs the functional areas of finance, accounting, payroll, investment programs, purchasing, property assessment, and revenue collection. Coordinates the planning, preparation and administration of the town annual budget and indebtedness program. Identifies and proposes revenue to support the annual budget. Administers revenue and authorizes expenditure of town funds and account groups for departments and agencies in accordance with approved appropriations. Authorizes and recommends budget amendments. Serves as a signatory for the town. Provides fiscal consultation to town and school departments, commissions, and boards. Provides budgetary and accounting control information to departments. Oversees the development and administration of a cash management and investment program. Directs purchasing program and coordinates insurance procurement process for risk management programs. Administers self-insurance fund for workers’ compensation. Administers financing of medical coverage and pension and retirement programs. Administers capital project and special revenue program budgets and financing. Responsible for the preparation of official statements for debt service requirements, debt structuring; debt negotiations; and the sale of bonds. Responsible for the preparation of the comprehensive annual financial report and all other external financial reports. Formulates fiscal operating policies for all departments. Recommends and implements changes in organization or operating procedures to effect service improvements and to attain operational efficiencies. Assists external auditors with their annual review of town financial records and statements. Coordinates with the Director of Data Processing the implementation of data processing applications utilized for municipal finance operations. Reviews and updates technological methods, systems, and equipment as needed. Attends nightly meetings as required. Makes applications for grant funds and provides fiscal management of grants. Prepares financial analysis for union negotiations. Regular and punctual attendance.

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