Director of Finance/City Treasurer Vernon CA 1 of 2
JOB DESCRIPTION
Director of Finance/City Treasurer
Date Prepared:
Date Revised:
March 2014
October 2023 Class Code: 1210
SUMMARY: Under limited supervision, serves as the Chief Financial Officer for Citywide financial management including financial planning, forecasting, capital project financing, investment oversight, debt issuance, management of financial risks, record-keepingfinancial operations, and financial reporting; performs complex management and technical duties as the Finance Director and City Treasurer, with responsibility for maintaining fiscal stability and safeguarding the assets of the City; provides financial advice to the City Administrator and City Council; manages assigned personnel, and assures that financial activities are in compliance with state and federal regulations, and City policies and best practices.
ESSENTIAL FUNCTIONS: -- Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required. The job description does not constitute an employment agreement and is subject to change at any time by the employer. Essential duties and responsibilities may include, but are not limited to, the following:
Manages the Finance Department through effective planning and fiscal management; provides leadership, direction and guidance in financial strategies and priorities; evaluates and analyzes financial data, anddata and recommends and implements solutions; assures the financial activities and procedures are in compliance with all laws, policies, regulations, and accounting standards. Serves as principal financial advisor to the City Council and City Administrator; provides leadership, direction, and guidance to achieve the City goals of fiscal well-being and integrity; interprets concerns, defines desired results, develops solutions, communicates status of financial issues, interprets and explains policies and regulations, and assures the efficient delivery of high qualityhigh-quality financial services. Monitors Finance Department operations and internal financial controls; assures the quality of the financial activities, services, and work products; prepares and reviews statistical analyses to evaluate trends and financial status; develops revenue and expenditure forecasts, andforecasts and recommends budget adjustments.
Directs, leads, and motivates the Finance staff; plans, prioritizes, and assigns tasks and projects; monitors work, develops skills, and evaluates performance; meets with team to discuss and resolve workload, special projects, quality standards, customer services, and technical issues; reviews work, verifies the accuracy of financial records, identifies corrective actions, and assures required deadlines are met. Analyzes financial information on City operations, evaluates departments’ needs and goals, and recommends financial resources; reviews and monitors status reports, and recommends appropriate actions; prepares and presents financial forecasts and status reports to City Council. Analyzes the City’s financial condition and develops plans to assure financial performance meets goals; coordinates development of City budget; monitors budget, revenue, and expenditure trends. Directs financial reporting, preparation of financial statements, and development of the Comprehensive Annual Comprehensive Financial Report (CACFR); oversees the City’s banking, cash and debt management, bond rating, and investment activities; interprets laws, rules, regulations, and guidelines for financial procedures.
Monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; monitors and evaluates work loadworkload, technical support systems, internal reporting relationships, and inter-agency issues; identifies opportunities for improvement, and develops recommendations. Coordinates and resolves financial and technical issues with elected officials and outside agencies.
Director of Finance/City Treasurer Vernon CA 2 of 2
Supports the relationship between the City of Vernon and the general public by demonstrating courteous and cooperative behavior when interacting with visitors and City staff; maintains confidentiality of workrelated issues and City information; performs other duties as required or assigned.
MINIMUM QUALIFICATIONS:
Education, Training and Experience Guidelines:
Bachelor’s Degree in Accounting, Finance, or Business Administration; AND seven years of experience managing public sector financial operations. Master’s Degree in Finance or Business Administration is desirable.
Knowledge of:
City organization, operations, policies, and procedures. Government Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and Government Finance Officers Association (GFOA) standards, recommended practices and policies, rules and regulatory reporting requirements.
Generally Accepted Accounting Principles for Public Sector financial management, including payroll, treasury, grant funds, and public debt management.
Federal and state laws and statutes governing municipal operations, public records, and open meetings. Legal, ethical, and professional rules of conduct for municipal finance officers. Principles and practices of administrative management, including personnel rules, procurement, contract management, risk management, and employee supervision.
Record keeping and file maintenance principles and procedures. General ledger and account reconciliation standards.
Skill in:
Analyzing problems, defining complex issues, identifying alternative solutions, projecting consequences of proposed actions, and implementing recommendations to support goals and build the organization. Effectively managing and leading staff, and delegating tasks and authority. Assessing and prioritizing multiple tasks, projects and demands. Reading, interpreting, understandingunderstanding, and applying accounting standards and procedures, applicable federal and state rules and regulations, and City policies and procedures. Analyzing City needs and prioritizing and promoting financial strategies to meet future needs. Monitoring and interpreting financial documents, anddocuments and assuring compliance with all regulatory requirements governing municipal financial activities. Analyzing financial issues, evaluating alternatives, and developing recommendations and strategies. Using initiative and independent judgment within established procedural guidelines. Reviewing interrelated financial and technical records, andrecords and identifying and reconciling errors. Operating a personal computer utilizing standard and specialized software. Establishing and maintaining cooperative working relationships with co-workers. Communicating effectively verbally and in writing.
LICENSE AND CERTIFICATION REQUIREMENTS:
A valid California State Driver’s License is required. Certified Public Accountant (CPA) or Certified Government Finance Officer (CGFO) designation is preferred.
PHYSICAL DEMANDS AND WORKING ENVIRONMENT:
Work is performed in a standard office environment.