Finance Director

General Statement of Duties

Performs advanced professional, managerial, supervisory, and technical work planning, organizing, and directing the Town's financial operations and the Finance Department. Serves as the Town's statutory Finance Officer and provides strategic financial leadership, technical expertise, long-range analysis, and practical financial guidance to Town management, the Town Council, and departments.

The Finance Director leads the Finance Department, reports to the Deputy Town Manager, and serves as a member of the Town's Executive Team. The position is responsible for the integrity of the Town's financial management system and for governmental accounting and reporting, budgeting and long-range financial planning, internal controls and preaudit compliance, cash and investments, debt and capital financing, grants, procurement administration, and Finance-administered customer service functions.

The employee serves as the Town's technical authority on governmental finance and principal advisor on financial strategy, long-range planning, organizational affordability, and capital funding. The position works with Town management and departments to translate organizational priorities into financially sound, practical, and compliant approaches; identifies material financial and compliance risks; and recommends alternatives that allow objectives to move forward within applicable requirements.

Work requires substantial knowledge of governmental accounting, GASB standards, the North Carolina Local Government Budget and Fiscal Control Act, Local Government Commission requirements, and public finance practices. The employee must exercise considerable independent judgment and initiative. Work is performed under the supervision of the Deputy Town Manager and is evaluated through the financial condition and compliance of the Town, the quality and timeliness of financial reporting, progress toward organizational objectives, service quality, staff performance, and an independent audit of the Town's records.

• Serves as principal financial advisor to Town management and department directors; evaluates affordability, financial condition, operating impacts, reserves, revenues, risks, and funding alternatives; participates in the early development of complex and non-routine initiatives, capital projects, and service expansions; and develops feasible approaches or alternatives when proposals create material financial or compliance concerns.
• Serves as the Town's designated Finance Officer pursuant to N.C.G.S. 159-24 and performs the duties of the office established by N.C.G.S. 159-25, including maintaining the Town's accounts in accordance with generally accepted principles of governmental accounting and the rules of the Local Government Commission; disbursing Town funds in compliance with the budget ordinance and each project ordinance; preauditing obligations and disbursements as required by N.C.G.S. 159-28;
  
  receiving and depositing Town revenues; maintaining records of the Town's debt; and filing statements of the financial condition of the Town. Maintains the fidelity bond required by N.C.G.S. 159-29, completes required Local Government Commission training, and ensures timely completion of required reports and filings, including the annual audit contract and audited financial statements, the Annual Financial Information Report, and debt-related submissions.
• Plans, organizes, and directs the Finance Department, including accounting, financial reporting, utility billing, customer service, collections, receivables, and passport functions; establishes goals, service standards, priorities, procedures, and performance expectations;…