Job Description
Job Description
The Town of Farragut has a reputation for high standards, and this applies to our workforce as well as our vision for the community. We thrive on professionalism and integrity, and genuinely enjoy serving the community. The Town is seeking applicants for a full time Finance Director/Treasurer.
Regular work schedule is Monday-Friday and is in office.
The rate of pay starts at $109,669 (DOE) and is salary exempt.
The Town offers a competitive benefit package that includes:
- 90% Town paid health coverage for employee and up to family plan, including a wellness program and multiple EAP plans.
- 100% Town paid Dental, Vision, Life Insurance and LTD
- Optional STD, FSA, Additional Life for family, Hospital Insurance, Accident Insurance and Critical Illness Insurance
- 401k Retirement plan that includes a 6% Town contribution (no match required) and a matching program upon hire.
- Paid Time Off (Paid Holidays, Annual Leave and Sick Leave)
- Park and Recreation Discounts
- Student Loan Forgiveness Opportunities
Requirements
General Definition of Work
This position is responsible for the overall administrative oversight, visioning, leadership, planning, coordinating and management of the Finance Department for the Town. This position also manages and directs the operations of the Finance Department, including investments, debt management, financial forecasting, budget development and monitoring, central financial accounting and reporting, administration of the Town’s financial system, and purchasing. Work involves setting policies and goals under the direction of the Director of Administrative Services. Direct supervision is exercised over Staff Accountant.
Qualification Requirements
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions.
Essential Functions
- Directing and managing staff in the Finance Department, providing training, assigning tasks, reviewing work, and preparing performance evaluations; making recommendations for employee transfers and promotions.
- Serve as the Town’s designated Chief Financial Officer (CFO) and ensure ongoing compliance with all current and emerging state requirements to maintain the designation.
- Develop work plans and strategies to meet business needs - both short term and long term; develop and direct the implementation of goals, objectives, policies, procedures and work standards to ensure success; ensure proper implementation and Town conforms to related legislative requirements.
- Project and forecast budget, revenue and expenditures and advise and assist in preparing budget documents and making budget recommendations.
- Prepare required budget documents and ensure the publication of the annual budget.
- Establish, maintain, and direct the Town accounting functions (including general ledger, accounts receivables, accounts payable, payroll and fixed assets; cash management and internal control requirements; debt management activities) and reporting systems pursuant to Government Accounting Standards Board (GASB) rules and Generally Accepted Accounting Principles (GAAP) to provide for timely and accurate financial recording and reporting both internally and with outside agencies of Town fiscal and payroll transactions, including procedural controls.
- Provide professional consultation and staff support to the Board of Mayor and Aldermen; provide financial, statistical, and analytical data.
- Recommend and assist in development of long-range fiscal programs and financial management including maintaining capital investment plans and revenues.
- Exercise financial audit control over Town financial records; assist outside auditors and consultants and provide pre-audited financial reports; perform internal audits of Departments.
- Review revenues and expenditures to ensure compliance with the appropriation ordinance; monitor and communicate shifts in revenue trends.
- Prepare year-end close of financial records, research proper accounting methods and prepare general ledger entries for accounting issues.
- Oversee the design, selection and implementation of all manual and automated systems for the Town’s financial systems.
- Prepare and present financial reports to the Board of Mayor and Aldermen and Town Administrator regarding department budgets, operating funds, special grants, fixed assets and related data.
- Advise Board of Mayor and Alderman and Town Administrator regarding fiscal impact of resolutions, ordinances, contracts, and staffing or program changes; give advice regarding budget variations.
- Responds to citizen requests and complaints.
Knowledge, Skills, and Abilities
Knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Principles related to municipal budgetary administration and program development. Knowledge of management and supervisory principles and practices, budget management methods and techniques, basic laws, ordinances and regulations underlying a municipal corporation. Knowledge and understanding of cash management, investment, municipal bond market, and modern banking relationships. Knowledge of management and supervisory practices & principles.
Ability to research and analyze detailed information and make appropriate recommendations, to plan, develop, implement, and evaluate projects and programs, and to maintain a professional demeanor when interacting with the public. Ability to develop department goals and objectives.
Education and Experience
Bachelor’s Degree in Public or Business Administration, Finance, Accounting or related field and ten (10) years of municipal accounting or finance experience. Five (5) years of supervisory experience. Must have and retain a minimum of one (1) of the following certifications: Certified Public Accountant(CPA), Certified Government Financial Manager (CGFM), Certified Public Finance Officer (CPFO), or Certified Municipal Finance Officer (CMFO).
Physical Requirements
This work requires the occasional exertion of up to 25 pounds of force; work regularly requires sitting and repetitive motions, frequently requires speaking or hearing and using hands to finger, handle or feel and occasionally requires standing, walking, stooping, kneeling, crouching or crawling, reaching with hands and arms, pushing or pulling and lifting; work has standard vision requirements; vocal communication is required for expressing or exchanging ideas by means of the spoken word; hearing is required to perceive information at normal spoken word levels and to receive detailed information through oral communications and/or to make fine distinctions in sound; work requires preparing and analyzing written or computer data, operating machines and observing general surroundings and activities; work has no exposure to environmental conditions; work is generally in a moderately noisy location (e.g. business office, light traffic).
Special Requirements
Valid driver's license in the State of Tennessee.
Pre-Hire Required Screenings
Background Check
MVR Check
Drug Screen-Non DOT
Benefits
The Town offers a competitive benefit package that includes:
- 90% Town paid health coverage for employee and up to family plan, including a wellness program and multiple EAP plans.
- 100% Town paid Dental, Vision, Life Insurance and LTD
- Optional STD, FSA, Additional Life for family, Hospital Insurance, Accident Insurance and Critical Illness Insurance
- 401k Retirement plan that includes a 6% Town contribution (no match required) and a matching program upon hire.
- Paid Time Off (Paid Holidays, Annual Leave and Sick Leave)
- Park and Recreation Discounts
- Student Loan Forgiveness Opportunities
Additional Benefits
Cell Phone Allowance/Company Issued Phone