Director Finance​/CFO

Position: Director Finance / CFO

Reports to:

Mayor – City of Selma, Alabama

Subordinate Staff:
Accounting Manager;
Accountant (Bank Reconcile);
Accountant (Payroll);
Accounts Payable Clerk;
Revenue/Tax Clerk;
License Inspector

Department:
Finance Department

Status:
Regular, F/T – 40 hrs./wk

Schedule:

Monday – Friday; some weekends and holidays

Rate of Pay: $75,000 – $82,000 Annually (Salaried Position)

Job Summary:

The Director of Finance and Revenue serves as the City’s Chief Financial Officer (CFO) and a key member of the Mayor’s executive leadership team. This executive-level position provides strategic direction, leadership, and oversight for financial, accounting, budgeting, revenue, licensing, and treasury operations. The Director ensures fiscal accountability, compliance, transparency, and long-term financial stability for the City of Selma.

The Director oversees internal controls, financial reporting, grant financial compliance, tax and revenue administration, investment and debt management, and the City’s financial/ERP systems.

Executive Leadership & Strategy

• Serves as the City’s Chief Financial Officer (CFO) and principal financial advisor to the Mayor and City Council.
• Participates in executive-level decision-making, including long-range financial planning and capital improvement strategies.
• Develops and enforces financial policies, procedures, and internal control systems citywide.
• Prepares and oversees monthly, quarterly, and annual financial reports.
• Directs preparation of the City’s annual audit and contributes to the Annual Comprehensive Financial Report (ACFR/CAFR).
• Conducts financial forecasting, cash flow analysis, and long-term fiscal planning.

Budget Development & Oversight

• Leads development of the annual operating and capital budgets in collaboration with the Mayor and department heads.
• Monitors citywide expenditures for compliance with the adopted budget and financial policies.
• Provides financial analysis and recommendations for major projects and initiatives.

Revenue, Tax, and Licensing

• Oversees administration, billing, collection, and enforcement of municipal revenues including ad valorem taxes, business licenses, garbage/service fees, and other revenues.
• Ensures proper classification and licensing of businesses in accordance with City ordinances and Alabama law.
• Supervises collection of delinquent accounts and enforcement of liens on delinquent properties.

Grant Financial Management

• Ensures financial compliance for all federal and state grants, including HUD, ARPA, FEMA, and other grant programs.
• Oversees grant drawdowns, reimbursements, financial reporting, and audit documentation.
• Coordinates with departments to ensure proper use of grant funds, adherence to procurement rules, and readiness for external audits.

Audits, Internal Controls & Compliance

• Develops, implements, and maintains robust internal control systems to safeguard City assets.
• Coordinates external audits and prepares required documentation and responses.
• Ensures compliance with federal, state, and local financial regulations, including Alabama bid laws and applicable portions of 2 CFR 200 (Uniform Guidance), where appropriate.

Debt, Treasury & Investments

• Manages the City’s investment portfolio consistent with safety, liquidity, and yield objectives and City policy.
• Assists with or oversees issuance and administration of municipal debt; coordinates with bond counsel, financial advisors, and rating agencies as needed.
• Monitors debt service requirements and ensures compliance with applicable bond covenants.
• Oversees implementation, maintenance, and optimization of financial management software and ERP systems (e.g., Tyler New World).
• Ensures accurate and timely entry and integration of financial data from all departments.
• Leads or coordinates staff training on financial systems and reporting tools.
• Supervises assigned finance and revenue staff, including accountants, clerks, and licensing/tax personnel.
• Provides leadership, training, performance evaluation, and discipline as needed.
• Promotes cross-training and professional development to ensure continuity of operations.

Public & Intergovernmental Interaction

• Responds to inquiries from residents, businesses, auditors, and…