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Finance DirectorCITY OF IOWA CITY - Job Description Job Class #34-02 FLSA Exempt Non Civil Service Identification Position Title: Finance Director Department: Finance Division: Finance Administration Supervisor: City Manager Job Summary Directs all City financial affairs. Administers and coordinates the operational, financial, personnel and policy activities of the Finance Department. Job Scope Directly supervises six to ten employees. Indirectly responsible for approximately forty employees. Directs the preparation of the three-year operating and capital improvement budget for the City. Prepares and administers the annual budget. Monitors expenditures during the year and makes recommendations for budget modifications or additional funds. Essential Job Duties and Responsibilities Coordinates and prepares the City's annual budget and Three Year Financial Plan for operations and capital improvements. Analyzes and prepares all receipt estimates and all non-departmental expenditure budgets. Monitors actual receipts, expenditures and cash position of each Fund. Reports on the City's financial status. Issues and coordinates all bond sales. Coordinates bond activities with Bond Counsel and the City’s Financial Advisor. Analyzes departmental budget requests and processes all budget amendments. Interviews, selects and evaluates the performance of the Finance division supervisors and administrative staff. Supervises, provides general direction and reviews the work of division supervisors and support staff. Approves personnel change forms for the Finance Department. Reviews supervisor evaluations of subordinates. Manages the City's insurance and risk management programs and recommends insurance changes. Job Class #34-02 Finance Administration Page 2 Updated 12/03/2021 Assures compliance with federal and state regulations, reporting and other related financial requirements. Manages the City’s relationship with banking and financial institutions and oversees investment of City funds. Conducts self in a manner which promotes and supports diversity and inclusivity in the workplace and community. Performs other related duties as assigned. Physical and Environmental Conditions Ability to transport self from building to building and to attend various functions and meetings at other sites either within or outside of the City. The physical demands and work environment conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job and are encountered while performing those essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet. Minimum Education, Experience and Certification Bachelor's degree or equivalent in accounting, finance, business administration, economics or public administration from an institution accredited by a DOE recognized accreditation body required. Minimum seven years’ progressively responsible experience in governmental accounting required. Or equivalent combination of education and experience. Must reside in the municipal limits of the City of Iowa City. Must pass criminal background check. Preferred Education, Experience and Certification CPA and/or advanced degree preferred. Knowledge, Skills, and Abilities Detailed knowledge of governmental accounting, local government operations, budget preparation and State laws. Proven skills in financial management, policy planning, organization, goal setting, and employee supervision. Must respect differing views and opinions, understand the process of consensus-building, and be relied upon to provide his or her best professional recommendation at all times. Must know how to achieve goals, anticipate problems and barriers, and devise ways to work around or through them. Must be a motivator and leader to his/her staff and be candid and willing to advise the City Council and City staff in an honest and forthright fashion. Must present self well to a wide range of audiences and be comfortable in a highly engaged community with a high education level. Must interact well with other governing bodies and act in a positive fashion with the University community and other local officials. Ability to read and understand financial materials, reports, and journals. Ability to develop and present mathematical budget information and financial reports. Ability to effectively prioritize financial operations and achieve preset goals within designated time deadlines. Job Class #34-02 Finance Administration Page 3 Updated 12/03/2021 The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified in this position.