Finance Director

SUMMARY

Reporting to the Chief Financial Officer (CFO), the Finance Director (FD) applies advanced accounting knowledge and expertise in strategic financial management to carry out the Agency’s financial goals. The Finance Director, as a member of the leadership team, is actively involved in creating financing strategies to support the agency’s investments in housing, neighborhoods and people. Responsible for oversight of the accounting department, this position manages multiple projects, programs, systems and processes necessary for effective mitigation of risk, timely processing of transactions and accurate reporting of financial information to a wide variety of internal and external customers. Independent judgment is exercised daily and general guidance is provided for special projects and new assignments. Work products are subject to annual independent audits, inspection by grantor agencies and review by equity investors.

All activities must support Knoxville’s Community Development Corporation’s (“KCDC” or “Authority”) mission, strategic goals, and objectives.

SUPERVISORY RESPONSIBILITIES

Directly supervises 2-4 direct reports and has indirect supervision of 9 staff (senior level accountants, accountants and accounting technicians).

ESSENTIAL DUTIES AND RESPONSIBILITIES

The position duties and responsibilities listed below describe the general nature and scope of work. Other responsibilities, duties, and skills may be required and assigned, as needed.

• Works with the leadership team to create financial strategies, goals, policies, and procedures to support KCDC’s investment in housing, neighborhoods, and people and ensure ongoing compliance with applicable federal, state, and local laws, rules and regulations governing KCDC programs.
• Plans, develops, and implements financial policies and procedures to ensure proper internal controls that mitigate risk associated with fraud and comply with applicable federal, state, and local laws, rules and regulations governing KCDC programs as well as GAAP and Governmental Accounting Standards and practices (GASB).
• Evaluates financial management systems, processes, procedures, technology, and software, identifies improvements, and implements changes to maximize efficiency and effectiveness of the accounting department.
• Provides management oversight of the accounting department and ensures efficient and effective financial management and reporting.
• Plans, assigns, supervises and reviews the work of professional and clerical employees performing various accounting functions. Ensures internal controls and procedures are followed.
• Confirms accuracy and timeliness of financial reports and statements for stakeholders such as KCDC’s leadership team, agency staff, Board of Commissioners, investors, government officials, and the public and makes sure the information complies with the requirements for each type of report.
• Provides training for accounting department staff to ensure they have the knowledge, skills and abilities necessary to achieve the department’s goals and objectives. Ensures training is provided to agency staff on accounting policies, procedures, and processes.
• Ensures accounting department staff provides excellent service to internal and external customers including creation of budgets, timely transaction processing, accurate reporting, and assistance with other accounting related matters.
• Manages audit and budget processes for KCDC and external stand-alone entities under the agency’s management. Facilitates communication between the auditors, employees, and stakeholders; Prepares and/or reviews required auditor schedules and analyses, and responses to questions.
• Performs other duties as assigned.