Finance Director

Finance
Full-time
City of Fountain Valley
Until Filled
714-593-4400
714-593-4494

CLASS DEFINITION
Plan, direct, manage, and oversee the activities and operations of the Finance Department including establishing and administering a centralized system of financial administration for the City including accounting, payroll, billing, budgeting, and auditing; administer the business license program; oversee the administration of the purchasing function within the City; and perform other duties as assigned.

DISTINGUISHING CHARACTERISTICS
This executive management classification is distinguished by the technical, administrative, budgetary, and supervisory responsibility managing the Finance Department.

SUPERVISION RECEIVED AND EXERCISED
The incumbent serves at the pleasure of and works under the general direction of the City Manager and exercises direct supervision over subordinate staff.

Job Overview
  • Assume full management responsibility for all Finance Department services and activities including development and implementation of goals, objectives, policies and priorities, and allocation of resources.
  • Establish and administer a centralized system of financial administration for the City including accounting, payroll, and billing, including bills for water and refuse collection, utilities and other City services and funds, auditing, general ledger, and investments.
  • Administer the treasury of the City in accordance with the Government Code; prepare and administer the City budget; invest funds in accordance with City Council Policy and state law.
  • Serve as the financial advisor to the City Manager and the City Council and provide financial information on City operations; administer and issue monthly and annual financial reports.
  • Manages the City's investment portfolio; ensures that investments meet the City's policy guidelines and that adequate cash is available to meet obligations; and prepares periodic reports regarding investments to the City Council.
  • Issue business licenses and permits and administer related matters.
  • Oversee the administration of the purchasing function within the City.
  • Administer a variety of City programs including issuance of bonds, certificates of participation, and other financial instruments; the deferred compensation plan; the wage and benefits liability and budget.
  • Maintain a current record of inventory of the City's assets including estimated value and costs.
  • Evaluate alternative financing methods for all major acquisitions including facilities and equipment; supervise and control capital financing projects; assist in negotiating major financial transactions.
  • Direct and participate in the review of all financial transactions and control the expenditure of appropriated funds; enforce compliance with standard accounting systems and fiscal procedures.
  • Interpret and apply legal and administrative concepts to various accounting functions and ensure conformance to generally accepted accounting standards, practices, and procedures.
  • Maintains knowledge of government and generally accepted municipal accounting practices and standards, required reports, information sources, budget development and administration techniques, personnel management principles, grant accounting and reporting, and automated fiscal systems applications and operation.
  • Select, train, motivate and evaluate Finance Department personnel; provide or coordinate staff training; work with employees to correct deficiencies; implement discipline and termination procedures.

OTHER JOB-RELATED DUTIES:
  • Coordinate Finance Department activities with those of other departments and outside agencies and organizations; provide staff assistance to the City Manager and City Council; prepare and present staff reports and other necessary correspondence. 
  • Perform other duties as assigned.

Qualification Guidelines

EDUCATION: 
Bachelor's degree from an accredited four-year college or university with major coursework in finance, accounting, business, public administration, or a related field. A master's degree in a related field is highly desirable.

EXPERIENCE: 
Seven years of increasingly responsible professional experience in governmental finance including at least four years in a management/supervisory capacity. Previous experience developing and administering a City-wide budget is highly desirable.

CERTIFICATION: 
CPA Certification is highly desirable.

EXTENSIVE KNOWLEDGE OF: 
  • Principles and practices of municipal finance administration particularly in the areas of accounting, budgeting, payroll, auditing, and revenue forecasting.
  • Applicable federal, state, and local laws, ordinances, codes, and regulations. Specific knowledge of redevelopment laws and financial practices is desired.
  • Legislation related to public agency finance including grant accounting, bond issuance, and cash forecasting and investment.
  • California public agency financial practices, revenue sources and reporting.

REQUIRED KNOWLEDGE AND SKILL LEVELS:
  • Exercise independent judgment in selecting an appropriate course of action from many alternatives.
  • Principles and practices of effective management and supervision.

REQUISITE ABILITIES:
 
  • Develop, implement, and administer goals, objectives, and practices for Finance Department program and services.
  • Prepare and administer large and complex budgets; prepare comprehensive annual financial reports; and maintain the City's general ledger.
  • Ability to utilize a variety of advisory and design data and information such as staff reports, ledgers, audit reports, invoices, agreements, spreadsheets, performance appraisals, reconciliation reports, warrant reports, investment materials, computer languages and software operating manuals, accounting methods, IRS code, State and local tax codes, City budget, finance manuals and educational curricula.
  • Maintain the Fixed Asset Program.
  • Operate an office computer and a variety of software programs including Word, Excel, Outlook and PowerPoint.
  • Interpret and apply City policies, procedures, rules and regulations, as well as, applicable federal and state laws.
  • Establish and maintain effective working relationships with employees, City officials, and the public.
  • Identify and respond to community and City issues, concerns, and needs.
  • Communicate effectively, both orally and in writing.
  • Gather data and make sound analyses and recommendations.
  • Prepare clear and concise reports.
  • Use independent judgment and initiative.
  • Train, supervise, and evaluate the work of subordinate staff.
  • Plan effectively, prioritize assignments, and meet deadlines.

LICENSE REQUIRED:
A valid California Class "C" Driver's License.

PHYSICAL TASKS AND ENVIRONMENTAL CONDITIONS: 
Work is primarily performed in an office environment requiring prolonged sitting or standing; walking, kneeling, crouching, squatting, stooping, and bending; input data into a computer terminal; exposure to computer glare, vibrations, and pitch; ability to lift, carry, and move objects totaling approximately 25 pounds in weight; and have mobility, vision, hearing, and dexterity levels appropriate to the duties to be performed.

NOTE: 
The above statements are intended to describe the general nature and level of work performed by persons assigned to this job. They are not intended to be a comprehensive list of all duties, responsibilities, and skills required.

FAIR LABOR STANDARDS ACT DESIGNATION: 
Exempt

Recruitment Information
Please apply immediately as this recruitment may close at any time upon receiving enough qualified applicants.
The City of Fountain Valley is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act, the City will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer. Candidates with a disability who may need accommodation during the selection process must notify the Human Resources Department at least 72 hours in advance of the exam date.

Note: The provisions of this job bulletin do not constitute an expressed or implied contract. Any provisions contained within may be modified or revoked without notice.