Finance Director - City Of Homewood

TARGET CLOSE DATE
04/12/2024
Note: This job posting may close before, or be extended beyond, the listed Target Close Date based on the employment needs of the Merit System.
Grade 34
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About the Position
The Finance Director is responsible for planning, organizing, and directing financial operations. This position has a significant responsibility with regard to financial matters including the management of the finance department, selection and management of investments, the maintenance and oversight of the general ledger, and ensuring compliance with relevant federal/state/local laws. Finance Director works closely with executive level management (e.g., Mayor, City Manager, department heads) to develop, manage, and maintain the budgets. The Finance Director is also responsible for the coordination and oversight of various internal audits (e.g., annual, state, worker's compensation), and ensuring that their jurisdiction is able to satisfy any corrective issues that may need to be made based on the results of the audit process. Also supervises subordinate personnel, assigns and reviews work, administers performance appraisals, provides work-related feedback, and makes recommendations for disciplinary action when needed.
About Homewood
Incorporated in 1926, the City of Homewood, Alabama, is a thriving community with a rich history and bright future. A City of over 26,000 people, Homewood is centrally located within the greater-Birmingham metropolitan area in an 8.3 square mile area between Red Mountain and Shades Mountain. Homewood offers an array of amenities and benefits that make it a perfect place to grow your career. It is home to an excellent educational system, including best-in-state elementary, middle, and high schools; an outstanding university with a beautiful campus, in Samford University; a thriving local business scene, including a wide array of restaurants, cafes, shops, and commercial businesses; beautiful parks and recreational facilities conveniently located throughout the community that include scenic hiking and biking trails, excellent sports and athletic facilities and outdoor recreational areas; eclectic and beautiful neighborhoods; and bustling and beautiful downtown main street and entertainment districts that bring the community together. These wonderful amenities, along with its tradition, community spirit, diversity, and innovative vision make Homewood consistently ranked as one of the best places to live and work in Alabama - garnering awards that include Alabama's Most Walkable City, the Best Place to Raise a Family, Best Suburb for Young Professionals, and #1 Place to Live in the Birmingham Area. Additionally, Homewood's central location within the greater-metropolitan area, makes it strategically positioned to take advantage of all the area has to offer, including world-class medical research facilities and hospitals, a thriving arts community, the region's premier music and events venues, and national and international sports and athletic competitions.
A Career with the City of Homewood
A career with the City of Homewood provides an opportunity to work in an environment that fosters a high-functioning city government and a culture of teamwork and community, while also promoting employee growth and development. As an employer, the City of Homewood maintains a highly competitive compensation structure, excellent health and medical benefits, and a secure retirement and pension plan, along with other employee wellness benefits and programs. Working with the City of Homewood provides not only the opportunity for a productive and secure career, but also a career that provides meaning and the opportunity to make a true difference within the local community.
To learn more about the City of Homewood, please visit www.cityofhomewood.com
This announcement is subject to close at any time.
To be considered qualified for the position, a candidate must possess the following minimum qualifications:

• Driver's license.
• Bachelor's degree or higher in Accounting, Finance, or Business Administration with a minimum of 15 semester hours in Accounting.

• Experience supervising employees to include training and directing the work of multiple subordinates.
• Experience developing, monitoring, and managing, a departmental budget (e.g., forecasting revenues, tracking expenditures).
• Experience closing books, preparing financial reports, and interpreting financial results to include reviewing for accuracy and completeness, analyzing budget variances, and identifying favorable and unfavorable trends.

TYPICAL JOB DUTIES:

• Coordinates audits (e.g., annual, State, Workers' Compensation) by maintaining audit-related records throughout the year, communicating with the audit company throughout the audit process, assigning audit-related work to staff, and reviewing final audit for accuracy and completeness.
• Coordinates the bond issue process by gathering financial information and working with bond attorney and the bond surveillance process by filling out bond questionnaires and answering financial questions during conferences.
• Prepares, monitors, and administers departmental or organizational budget by reviewing spending trends, expenditure reports, analyzing financial data and ensuring expenditures are within annual budgetary limits.
• Oversees the Finance Department of the City (e.g., accounts payable, cash receipts, payroll, human resources) and ensures compliance of federal, state, and local guidelines and laws (e.g., Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB)).
• Maintains general ledger by moving money between operating funds, making journal entries, reviewing back account reconciliations, closing the books at the end of the fiscal year, and creating reports.
• Coordinates and/or manages city investments.
• Supervises staff by assigning and distributing work, directing staff in their job duties, monitoring progress of work, providing feedback and/or training.

Compensation & Benefits
The City of Homewood offers a competitive pay & benefits package including:

• Salary range: $95,014 - $147,409 (starting pay is commensurate with education and experience).
• Pension retirement plan through the Retirement System of Alabama (RSA).
• Excellent medical and dental insurance.
• Generous paid vacation, sick, and holiday leave.

CRITICAL KNOWLEDGES:

• Knowledge of accounting software programs to perform the tasks associated with the position, such as reviewing data, monitoring payroll, reviewing accounts payable and accounts receivable, tracking inventory, creating reports, reviewing financial statements, and other similar functions as required by the job.
• Knowledge of basic accounting principles and terminology, such as debit, credit, journal entry, general ledger, trial balance, cash flows, income statement, and balance sheet.
• Knowledge of bookkeeping methods (e.g., basic double entry, journal entries, ledger balances).
• Knowledge of budgetary principles and procedures, and encumbrances/expenditures such as revenues, expenditures, and appropriations involved in establishing and maintaining budgets.
• Knowledge of financial accounting software including a procedural understanding of how transactions are processed within the system and an awareness of the associated user actions required at various stages to advance this process.
• Knowledge of Generally Accepted Accounting Principles (GAAP) and their application.
• Knowledge of Generally Accepted Auditing Standards (GAAS) and auditor transaction testing techniques.
• Knowledge of Governmental Accounting Standards Board regulations and standards.
• Knowledge of laws and regulations pertaining to federal, state, and or local taxes.
• Knowledge of laws and regulations related to fiscal affairs.
• Knowledge of legal requirements for record retention, such as freedom of information requests, community right-to-know laws and operational procedures of the organization.
• Knowledge of payroll principles and procedures, such as calculating time sheets, usage of overtime and compensatory time, and processing new hires and terminations.
• Knowledge of principles involved in the management of staff/personnel.
• Knowledge of the principles and practices involved in the management of debt.
• Knowledge of traditional financial statements, such as balance sheets, statement of revenues, statement of cash flows, etc.

WORK ENVIRONMENT:
Work is conducted almost exclusively indoors in an office setting and involves use of standard office equipment, such as computer, phone, copier, etc.
PHYSICAL DEMANDS:
Job is primarily sedentary involving sitting for long periods of time, but may involve occasional walking or standing for brief periods. Job may also involve occasional light lifting of items or objects weighing up to 25 lbs.
DISCLAIMER:This job description is not meant to be an all-inclusive list of the job duties, responsibilities, or skills and abilities required to do the job and may be changed at the discretion of the Personnel Board at any time.
SPECIAL ACCOMMODATIONS
Persons requiring special conditions to accommodate a disability when completing the application should contact the Personnel Board at 205-279-3500, Option 1, prior to the target close date.
AN EQUAL OPPORTUNITY EMPLOYER
The Personnel Board of Jefferson County (Personnel Board) provides a public personnel system based on merit principles. The Personnel Board strives for the constant improvement of the public service by employing and developing the best-qualified persons available. The Personnel Board provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, sex, creed, religion, political beliefs, national origin, age, disability, veteran status, sexual orientation, gender identity or expression, or genetics.
Employment decisions are made by the Merit System agency where the position exists. Each Merit System agency administers its own equal employment opportunity programs in compliance with applicable state and/or federal laws and regulations.
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