Town of Preston
Director of Finance
SUMMARY OF RESPONSIBILITY:
The Town of Preston
Treasurer/Accountant is an appointed position that is responsible for the
custody and oversight of the Town’s assets. This position reports to the
Director of Finance.
§ Comply with all relevant Connecticut Statutes
pertaining to the Treasurer Department.
§ Maintain up to date knowledge of the financial system
and the affairs of the Town.
§ Keep custody and records of Town assets; receive Town
payments and funds; deposit and maintain them in a national bank or state bank
and trust company as per regulations.
§ Review and sign bank statements and reconciliations
for all Town accounting records and submit to the Director of Finance.
§ Review and sign checks authorized for payment by the Director
of Finance and/or First Selectwoman.
§ Anticipate any revenue shortfalls or budget overages
and work with the Director of Finance and/or First Selectwoman to establish and
enact a contingency plan.
§ Administer long and short-term borrowing; ensure
adequate cash flow; invest funds to maximize yields; transfer investments as
needed; make or coordinate wire transfers as needed.
§ Maintain general ledgers for all municipal funds
§ Make debt service payments according to established
§ Maintain an inventory of the Town’s fixed assets.
§ Gather information and provide financial data for
annual Town audit working with external auditors as the primary liaison.
§ Collaborate with the Director of Finance to develop
and implement plans to address any material deficiencies identified by the
§ Collaborate with the Director of Finance and First
Selectwoman to prepare the annual budget.
§ Prepare reports for and make presentations to the
Board of Selectmen, Board of Finance and other Town meetings and other
committees or commissions as requested.
§ Prepare and deliver quarterly or annual state reports
§ Oversee the preparation of bi-weekly and monthly
payrolls and accounts payable.
§ Performs related duties as required.
The duties listed above are intended only as
illustrative of the various types of work that may be performed. The omission of specific statements of duties
does not exclude them from the position if the work is similar or a logical
assignment to the position.
QUALIFICATIONS AND COMPETENCIES:
§ Bachelor’s Degree in business, accounting, finance or
related field is required or the equivalent.
§ Three to five years of increasingly responsible
accounting, finance or banking experience in business, municipal government; or
any equivalent combination of education and experience is strongly preferred.
§ Ability to acquire a working knowledge of federal and
state laws affecting Town services and operations is required.
§ Proficient in MS Office suite and computerized
accounting applications required.
§ Submitting to a background check is required.
§ Ability to establish and maintain effective working
relationships with individuals and
professional and non-professional, co-workers, management personnel, the public
§ Ability to work independently in a fast-paced environment
and manage multiple priorities.
§ Able to think quickly, assess a situation and make a
§ Ability to be available for work outside normal
§ Ability to create clear and concise reports, and to
deliver them orally.
Mental & Physical
The physical demands and work
environment characteristics described here are representative of those that
must be met by an employee to successfully perform the essential functions of
the job. Reasonable accommodations shall
be made to enable individuals with disabilities to perform the essential
§ Must be able to perform continuous bending, twisting,
stooping, reaching and lifting of moderate to heavy weight material up to 20
§ Is frequently required to use hands to finger, handle,
feel or operate objects, tools or controls; and reach with hands and arms.
§ Vision abilities required by the job include close
vision, distance vision, peripheral vision, depth perception and the ability to
§ Ability to maintain his/her composure with the public
and co-workers in everyday, stressful and emergency situations.
commensurate with experience.
Pension: Connecticut MERS
Health & Dental: CT State Partnership Plan