Positions

Pay Range 27 Breakdown

BreakdownMinMax
Annually$115,841.34$173,762.01
Monthly$9,653.45$14,480.17
Bi-Weekly$4,455.44$6,683.15
Hourly (40 hrs.)$55.6930$83.5394
Hourly (42 hrs.)$53.0409$79.5614
Hourly (56 hrs.)$39.7807$59.6710

Chief Financial Officer

Range: $115,841.34 - $173,762.01 (27)
Position Number: 2001

JOB TITLE: CHIEF FINANCIAL OFFICER
JOB SUMMARY: This position is responsible for the overall administration of financial and budgeting activities for the city.
MAJOR DUTIES:
Advises the City Manager, Mayor, and Council on all financial matters.Oversees development and preparation of annual, capital project, and grant project
budgets.
Manages the city’s investment portfolio.
Oversees compliance with the annual budget, capital project, and grant project budget ordinances; oversees budget amendments as necessary.
Oversees all financial, accounting, and internal control systems for the city.
Oversees preparation of annual as well as interim financial statements for both internal  and external purposes.
Manages the city’s debt financing program.
Oversees the development and preparation of the five year capital improvement plan; determines long range financing plans.
Oversees receipt and deposit of all funds accruing to the city.
Oversees disbursement of all city funds.
Oversees city’s billing, collection, and customer service activities; oversees purchasing and warehousing activities; oversees information technology activities.
Provides advice, guidance, and direction to city department heads in regards to financial matters related to their departments.
Serves in various special capacities as requested by the City Manager, including task forces and advisory boards.
Performs other related duties as assigned.
KNOWLEDGE REQUIRED BY THE POSITION:
Knowledge of the principles and practices of public finance, budgeting, accounting, and debt management.
Knowledge of the principles and practices of public administration.
Knowledge of the principles and practices of computerized financial information management.
Knowledge of economic trend forecasting and analysis techniques.
Knowledge of special requirements pertaining to accounting and investment of government funds.
Knowledge of government auditing procedures.
Knowledge of relevant federal and state laws, city ordinances, and department policies  and procedures.
Skill in utilizing financial computer software programs.
Skill in management and supervision.
Skill in operating office equipment such as a computer and calculator.
Skill in oral and written communication.
SUPERVISORY CONTROLS:  The City Manager assigns work in terms of department and city goals and objectives.  The work is reviewed through conferences, reports, audits, and observation of financial management activities.
GUIDELINES:  Guidelines include Generally Accepted Accounting Principles (GAAP), Government Accounting Standards Board (GASB) requirements, grant requirements, auditing standards, relevant federal and state laws and city ordinances, and city and department policies and procedures.  These guidelines require judgment, selection, and interpretation in application.  This position develops financial management guidelines
COMPLEXITY:  The work consists of varied management, administrative, and technical duties.  The broad range of responsibilities assigned to this position contributes to the complexity of the work.
SCOPE AND EFFECT:  The purpose of this position is to manage the financial operations of the city.Successful performance helps ensure the effective and efficient processing of all government financial transactions, the accurate reporting of the government financial condition, the sound financial position of the city government, and provision of city services at reasonable tax rates.
PERSONAL CONTACTS:  Contacts are typically with co-workers, other city employees, elected officials, department heads, bankers and financial representatives, state officials, external auditors, representatives of federal, state and local agencies, and the general public.
PURPOSE OF CONTACTS:  Contacts are typically to give or exchange information, resolve problems, provide services, and justify, negotiate, or settle matters.
PHYSICAL DEMANDS:  The work is typically performed while sitting at a desk or table.
WORK ENVIRONMENT:  The work is typically performed in an office.
SUPERVISORY AND MANAGEMENT RESPONSIBILITY:  This position has direct supervision over Purchasing Manager (1), Assistant Director of Finance (1), Finance Coordinator (1), Accounting Manager (1), and Business Office Manager (1).
MINIMUM QUALIFICATIONS:
Knowledge and level of competency commonly associated with the completion of a master's degree in a course of study related to the occupational field.
Experience sufficient to thoroughly understand the diverse objectives and functions of the subunits in the division/department in order to direct and coordinate work within the division/department, usually interpreted to require five years of experience as a Lead Financial Officer with a municipality.
Possession of or ability to readily obtain a valid driver's license issued by the State of North Carolina for the type of vehicle or equipment operated.
Ability to be bonded.