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JOB SUMMARY

This position directs and supervises the accounting, accounts payable, financial reporting, utility billing and budget functions of the Department of Finance and Administration.Specifically, this position has direct responsibility for town-wide financial forecasting, budget development and monitoring, financial accounting and reporting, and administration of the Towns debt program.This position also insures town-wide compliance with state laws, federal regulations, Town Commission policies and pertinent accounting standards, methods, policies and procedures.This position is a highly responsible position as a key member of the Town management team and is responsible for analyzing all aspects of town finances and providing advice, recommendations and options to the Town Manager, department management and staff in other town departments, and the Town Commission.

ESSENTIAL DUTIES

Relating to Financial Administration, Accounting and Reporting:

Supervise and manage Finance staff including planning, scheduling and assigning work related to preparation of the general ledger, accounts payable and budget preparation.Instruct and train employees on a variety of computer applications, proper procedures and policies on technical accounting issues.

Confer with and counsel subordinate staff to exchange information and/or explain work policies, procedures and guidelines, identify work related problems and formulate possible solutions.

Ensure that the Towns financial accounting reporting is in accordance with Generally Accepted Accounting Practices (GAAP) and that the Towns financial operations conform to pertinent regulations, standards and guidelines.

Establish town-wide uniform policies in financial procedures, fiscal reporting, accounting methods, budget preparation and debt administration.

Oversee design, selection and implementation of all manual and automated systems for the Towns centralized financial systems.

Supervise and direct the preparation of all required town, county, state and federal financial reports, budgets, financial analysis and studies of revenues, expenditures, assets, liabilities and equities; oversee development of the Towns audited annual financial statements.

Assure accurate and timely preparation of monthly, annual and other routine or special purpose reports.

Provide advice, counsel and direction to all department heads and staff to the extent necessary to ensure effective administration and implementation of approved fiscal policies, plans and programs.

Coordinate the annual audit, review draft reports prior to finalizing the audit, prepare written response to audit findings and oversee implementation of necessary corrective action to address audit findings.

Administer the Towns bonding program including working with bond consultants and attorneys for coordination of annual bonding plan; representing department at bid opening and closing on bond sales; reviewing official statement, initial resolution and awarding resolution for accuracy.

Develop and maintain annual and long-term debt management plan that is in accordance with federal, state and town regulations and that provides a consistent source of funds for capital improvements.

Conduct financial impact analyses and prepare fiscal notes as required on leases, contracts, resolutions and make recommendations for approval and/or changes to leases, contracts, etc.

Present oral or written recommendations to the Tow