City of New London
TITLE: DIRECTOR OF FINANCE
Under the general
direction of the
Mayor, performs highly responsible administrative and professional work involving the direction of a broad range of municipal
finance and administrative functions.
As Chief Fiscal Officer
of the City, advises the
Mayor regarding financial, management and budget matters.
Responsible for the direction, coordination, control and administration of the Finance Department which includes
Treasury, Accounting, Accounts Receivable and Payable,
Payroll, Purchasing, Assessment, Tax Collection and the City's Computer Information System.
Establishes and recommends Citywide
operating systems and prepares and promulgates standard procedures relating to financial, management and budget
responsibilities encompassed in the City Charter, State and Federal
Statutes and administrative regulations.
Plans and directs
the operations of the Finance
Department through division supervisors, evaluates and administers financial management program
such as City financial reporting, accounting, payroll,
budgeting, data processing services, cash management, investment, control activities, tax collections, risk management, purchasing, internal and external
auditing, and special ordinances, according
to fiscal year and financial planning schedules.
Coordinates, prepares and assists in the administration of the City budget
and indebtedness program, oversees
budget administration; directs
and controls the expenditure of City and department fund allocations within the constraints of approved budgets.
Assists department heads in the organization
and administration of unit budgets;
improvements in services and to attain operational efficiencies.
Directs short term and long range investment and borrowing
strategy, provides revenue forecasts, equipment
schedules, debt service
schedules, cash management of City funds, records disbursements and is responsible for the custody of all funds and for the reconciliation of bank balances.
Prepares financial information for bond offerings and the City's
Annual Financial Records; recommends risk management
and is responsible for the maintenance of accounts and fiscal records,
the preparation of all prescribed and generally accepted
and special accounting statements and reports.
Supervises and evaluates the performance of the Deputy Director of Finance, Cost Accounting Supervisor, Treasurer, Assessor, Tax Collector, Computer
Systems Supervisor, and Purchasing Agent; initiates
Supervises the Assessor
who is responsible for planning and coordinating
the City-wide assessments of real and personal property
preparation in order to compile the Grand List for taxation purposes
and related activities.
Supervises the Tax Collector
who is responsible for administrating and executing the
City's tax program including the interpretation of tax laws,
collecting receipts and tax bills, pursuing delinquent accounts,
Supervises the Computer Systems Supervisor, who is
responsible for developing and implementing City-wide standards for
computer hardware and software systems.
Prepares statistical and narrative reports including financial
statements for the Mayor, City
Council and the Board of Finance;
attends City Council and Board of Finance
meetings and provides requested financial reports and information.
Provides fiscal consultation to all City departments, and as requested
by the Mayor, and to other commissions and boards.
Coordinates the efforts of external auditors
in their review of the City financial condition; compiles statistical and program information;
oversees contracted financial services; prepares financial information requested by the City's actuary for retirement purposes.
Provides fiscal management and jurisdictional control
of State and Federal grants and special fund programs.
and adopted statutory
and regulatory additions or amendments, and initiates
indicated or directed actions and assignments.
Recommends the annual financial plan and operating
budget objectives and goals, and directs the promulgation of required
Coordinates with the Director of
Law regarding assessments and the collection of taxes. Performs other related duties and special assignments
as directed by the Mayor. REQUIRED KNOWLEDGE. SKILLS AND ABILITIES
Thorough knowledge of municipal financial management principles and practices, including accounting, budgeting, auditing, treasury, tax assessment and collection, purchasing and financial control
Thorough knowledge of the laws regulations and standards pertaining to
municipal financial management,
including tax collection and assessment matters.
Considerable knowledge of municipal data processing and management information systems and practices.
Considerable knowledge of municipal investment,
auditing, union relations, insurance and risk management practices.
Considerable ability in the mathematics of financial management.
in oral and written communications.
Considerable ability to plan, organize
and administer the activities of a municipal finance department and to supervise
the work of others.
Considerable ability to develop
short and long range financial
plans and programs.
Ability to analyze the operations of a variety of municipal departments and to identify opportunities for cost savings through efficiencies of operations.
Ability to make decisions within deadlines in an environment of professional standards, limited resources, and competing claims.
Ability to establish
and maintain effective
working relationships with superiors, subordinates, auditors,
banks, actuaries, officials of other agencies,
and the general public.
REQUIRED EQUIPMENT OPERATION
Operates office equipment as required including but not limited to a personal
computer and electronic calculator; drives an automobile.
REQUIRED PHYSICAL EFFORT
Must be able to sit at a desk or stand at an assigned location
and work continuously for extended periods
of time; retrieve reports in file cabinet
drawers, carry computer
reports and office equipment, drive an automobile; attend and participate in numerous extended
night meetings during the year.
Graduation from an accredited college or university with a
Master's degree in Finance, Public or Business Administration or closely related field plus 6-7 years related experience, and at least
3-4 years of supervisory experience, or equivalent.
Must be bondable and possess a valid motor vehicle license,
must possess a CGFM certification or equivalent.
Class Group: Unaffiliated
FLSA Status: Salaried/Exempt
Prepared By: Personnel Department
Approved By: Personnel Board
By: City Council (for funding of position)
Salary commensurate with education and
experience, plus a competitive benefits package.
HOW TO APPLY
position will be open until filled; however, resumes will be reviewed as
received. Please send your resume and
salary requirements to firstname.lastname@example.org.
MUNICIPAL CONSULTING SERVICES
service program of the Connecticut Conference of Municipalities. For more
information, please visit our website at http://www.ccm-ct.org.