Assistant Finance Director

To perform this job successfully, an individual must be able to perform the essential job functions satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary job functions herein described. Since every duty associated with this position may not be described herein, employees may be required to perform duties not specifically spelled out in the job description, but which may be reasonably considered to be incidental in the performing of their duties just as though they were actually written out in this job description.

This position is responsible for all City financial accounting and purchasing functions, including supervising and training staff, overseeing the monthly and fiscal year end close, all internal and external audit and reporting functions, as well as compliance with local, state, and federal procurement regulations and the North Carolina Local Government Budget and Fiscal Control Act.

• Provides oversight, direction, and strategic guidance for all financial activities.
• Supervises the following accounting units:
  Payroll, Accounts Payable, Accounts Receivable, Grants, and General Accounting, which include accounting activities such as fixed assets, utilities, leases, investments, bonds, debt, tax credit financing, miscellaneous billing, and property taxes; delivers clear, timely, and transparent financial analysis.
• Oversees the City’s internal and external financial reporting requirements, including statutory reporting, grant reporting, compliance reporting, statistical reporting, and managerial reporting.
• Oversees the City’s annual independent audit, including preparation of the Annual Comprehensive Financial Report, ensuring compliance with internal controls, ensuring adherence to Generally Accepted Accounting Principles (GAAP), implementing new Governmental Accounting Standards Board (GASB) guidelines, and coordinating the audit function.
• Partners with the Chief Financial Officer (CFO) to develop and implement long-term financial initiative; serves as backup in the absence of the CFO and for other key positions in the Finance Department.
• Oversees the City’s bank accounts, ensuring proper review, adequate internal controls, and the safeguarding of funds.
• Supervises staff, providing guidance to employees directly and indirectly.
• Defines, assigns, prioritizes, and directs the work of the accounting division staff and resources; supervises, evaluates, and develops personnel.
• Trains City employees on accounting processes and requirements; provides comprehensive training and opportunities for professional development to accounting staff; provides training to City employees on financial computer software applications; offers training classes and creates financial procedural guidance and policies for all City employees.
• Oversees the preparation, submission, and administration of the annual Accounting division’s budget; monitors and controls division expenditures to ensure compliance with budgetary restrictions.
• Manages the General Ledger master and the creation of new general ledger accounts in accordance with proper accounting practices and in line with the current chart of accounts, and ensures new accounts are set up properly.
• Responsible for monthly opening and closing periods in the financial software system.
• Processes and approves requisitions for the Accounting Division.
• Creates and posts journal transactions in preparation of audit. Prepares work papers and large volumes of complex audit work.
• Communicates effectively with internal and external customers regarding inquiries, requests for financial information, resolving issues, and delivering financial or procedural instructions.
• Researches current and emerging…