What are the responsibilities and job description for the Finance Director position at City of Lake Saint Louis?
This position is responsible for planning, directing, and coordinating the fiscal management of the City of Lake Saint Louis.
- Monitors pending state and federal legislation regarding municipal accounting and auditing standards; determines financial implications of changes in fiscal laws and regulations and develops plans for implementing changes.
- Develops long-range financial goals and objectives; advises Board of Aldermen, City Administrator, and other city management staff regarding fiscal policies and procedures.
- Oversees the annual city budget development process; participates in budget development and monitors expenditures under the current budget.
- Produces various fiscal and financial reports for the Board of Aldermen, other city departments, and interested parties; interprets and explains reports as needed.
- Invests city funds; monitors and tracks cash flow and investment performance.
- Directs and oversees tax billing and collection functions.
- Oversees purchasing, accounts payable and accounts receivable functions; ensures that requests for proposal and bid procedures comply with city policies and procedures.
- Oversees the city-wide risk management program.
- Prepares year-end financial statements and coordinates the annual audit process.
- Develops, implements, and oversees internal audit procedures.
- Coordinates provision of information necessary for bond issuances and communication with rating agencies; ensures adherence to bond requirements.
- Performs other related duties as assigned.