Finance Director

Finance Director – City of Collinsville

The Finance Director is responsible for the financial health and stability of the City of Collinsville. This includes overseeing all financial operations, developing and implementing financial strategies, ensuring compliance with legal and regulatory requirements, and providing strategic financial guidance to the City Council and City Manager. The Finance Director will lead a team of finance professionals and work collaboratively with other departments to support the City's goals and objectives.

The Finance Director will serve as the City's Treasurer.

The Finance Department consists of 7 full-time staff including a Controller and three Senior Accountants. The Finance Department generates all financial reports, performs cash management duties, oversees compliance of federal and state regulations, prepares the City's annual budget, manages investments, monitors grant compliance, etc.

• Oversee the preparation and management of the annual budget, ensuring alignment with the City's strategic goals and fiscal policies.
• Monitor financial performance, analyze variances, and recommend corrective actions to ensure financial stability and sustainability.
• Prepare and present financial reports, forecasts, and analysis to the City Council, City Manager, and other stakeholders.
• Ensure the accuracy and integrity of financial reports in accordance with GAAP and GASB guidelines.
• Develop and maintain financial policies, procedures, and internal controls to safeguard municipal assets.
• Oversee the annual audit process and ensure timely and accurate completion of financial statements.
• Identify and pursue opportunities to enhance revenue streams, including grants, taxes, fees, and other funding sources.
• Develop and implement strategies to improve revenue collection and efficiency.
• Evaluate and approve expenditures to ensure compliance with budgetary constraints and procurement policies.
• Implement cost control measures to optimize resource utilization and reduce waste.
• Oversee the management of municipal debt, including issuance, refinancing, and repayment.
• Develop and implement investment strategies to maximize returns on City funds while minimizing risk.
• Lead, mentor, and develop a team of finance professionals, fostering a culture of accountability, collaboration, and continuous improvement.
• Conduct performance evaluations, provide feedback, and identify training and development opportunities.
• Develop and maintain good work relationships with all City departments, provide guidance and education on best financial practices, and practice effective change management when implementing new financial systems, procedures, regulations, etc.
• Offer innovative solutions for various financial challenges related to custom service delivery.
• Exhibit professionalism and ability to explain complex financial concepts in clear, concise terms to City staff, City Council, and the public.
• Collaborate with the City Manager and other department heads to develop long-term financial plans and strategies.
• Provide financial insights and recommendations to support decision-making and strategic planning.

• At least seven (7) years of progressively responsible financial management experience.
• Direct experience in municipal and/or county financial management is preferred.
• A bachelor's degree in accounting, finance, public administration, or a related field is required.
• A master's degree in accounting, finance, business administration, public administration, or a related field is preferred.
• A Certified Public Accountant designation is highly desirable.

The starting salary for this position is $136,000 to $151,000 depending on qualifications. The City offers an outstanding fringe benefits package including health insurance for the employee that is 100% paid by the City. For a full listing of our benefits, please visit: https://(Use the "Apply for this Job" box below).-benefits

For questions regarding the position, please contact the Office of Human Resources at  x 1122 or pchilderson.