Overview
Director of Finance Jobs in Selma, AL at Town Of Selma
Title: Director of Finance
Company: Town Of Selma
Location: Selma, AL
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Essential Function
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Executive Leadership and Strategy
- Serves as the Citys Chief Financial Officer (CFO) and principal financial advisor to the Mayor and City Council.
- Participates in executive-level decision-making, including long-range financial planning and capital improvement strategies.
- Develops and enforces financial policies, procedures, and internal control systems citywide.
Financial Management and Reporting
- Prepares and oversees monthly, quarterly, and annual financial reports.
- Directs preparation of the Citys annual audit and contributes to the Annual Comprehensive Financial Report (ACFR/CAFR).
- Conducts financial forecasting, cash flow analysis, and long-term fiscal planning.
Budget Development and Oversight
- Leads development of the annual operating and capital budgets in collaboration with the Mayor and department heads.
- Monitors citywide expenditures for compliance with the adopted budget and financial policies.
- Provides financial analysis and recommendations for major projects and initiatives.
Revenue, Tax, and Licensing
- Oversees administration, billing, collection, and enforcement of municipal revenues including ad valorem taxes, business licenses, garbage/service fees, and other revenues.
- Ensures proper classification and licensing of businesses in accordance with City ordinances and Alabama law.
- Supervises collection of delinquent accounts and enforcement of liens on delinquent properties.
Grant Financial Management
- Ensures financial compliance for all federal and state grants, including HUD, ARPA, FEMA, and other grant programs.
- Oversees grant drawdowns, reimbursements, financial reporting, and audit documentation.
- Coordinates with departments to ensure proper use of grant funds, adherence to procurement rules, and readiness for external audits.
Audits, Internal Controls and Compliance
- Develops, implements, and maintains robust internal control systems to safeguard City assets.
- Coordinates external audits and prepares required documentation and responses.
- Ensures compliance with federal, state, and local financial regulations, including Alabama bid laws and applicable portions of 2 CFR 200 (Uniform Guidance), where appropriate.
Debt, Treasury and Investments
- Manages the Citys investment portfolio consistent with safety, liquidity, and yield objectives and City policy.
- Assists with or oversees issuance and administration of municipal debt; coordinates with bond counsel, financial advisors, and rating agencies as needed.
- Monitors debt service requirements and ensures compliance with applicable bond covenants.
ERP / Financial Systems
- Oversees implementation, maintenance, and optimization of financial management software and ERP systems (e.g., Tyler New World).
- Ensures accurate and timely entry and integration of financial data from all departments.
- Leads or coordinates staff training on financial systems and reporting tools.
Personnel Management
- Supervises assigned finance and revenue staff, including accountants, clerks, and licensing/tax personnel.
- Provides leadership, training, performance evaluation, and discipline as needed.
- Promotes cross-training and professional development to ensure continuity of operations.
Public and Intergovernmental Interaction
- Responds to inquiries from residents, businesses, auditors, and governmental agencies regarding financial and licensing matters.
- Attends City Council meetings and presents financial reports and analyses as requested.
- Represents the City in meetings with banks, auditors, rating agencies, and community stakeholders on financial matters.
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