What are the responsibilities and job description for the Finance Director position at Town of Prescott Valley?
JOB
THE POSITIONUnder general direction of the Town Manager, the Finance Director leads and supervises the Finance Department staff, oversees recruitment, training, task assignment, performance evaluations, and manages complex projects while ensuring compliance with accounting standards and policies.
EXAMPLE OF DUTIES
Serves as Chief Financial Officer and Treasurer of the Town. Advises and assists the Town Manager and Town Council in preparing budget documents and making related budget recommendations. Collaborates with Town Manager, department heads and related staff to review, analyze, and clarify budget document submissions and related budget entries on the financial system. Ensures enforcement of State laws, local ordinances, and other regulations pertaining to municipal operations. Establishes, maintains, and directs Town-wide accounting functions including: general ledger, accounts receivables, accounts payable, payroll and fixed assets; develops cash management and internal control requirements; develops debit management activities including sale of bonds/notes and record keeping; and debt rating and reporting systems pursuant to GASB rules and GAAP. Offers expert guidance and support to the Town Manager and staff, Town Council and other governing committees encompassing financial, statistical, and analytical insights. Collaborates on long-range fiscal planning, capital improvements, and tax strategies, while advising on the fiscal implications of resolutions, ordinances, contracts, staffing, and budget adjustments. Oversees comprehensive financial audits, coordinating internal and external audit efforts, ensuring timely submission of Basic Financial Statements, Annual Comprehensive Financial Reports, and state forms. Ensures the prompt completion of annual financial audits. Develops policies and procedures for cash management and investment functions. Monitors developments in GAAFR, GAAP and GASB and implements new standards. Is responsible for fostering a work culture that aligns with the values of the Town (Service Excellence, Integrity, Respect, Teamwork, and Fun), provides leadership in the delivery of superior services to Town residents and businesses, values innovation and seeks best practices. Prepares and presents financial reports to the Town Council, governing committees, and Town Manager regarding department budgets, operating funds, special grants, fixed assets and related data.IDEAL CANDIDATEThe ideal candidate will: Possess the ability to offer expert guidance and support to Town Manager and staff, Town Council and other governing committees, encompassing financial, statistical, and analytical insights. Collaborate on long- range fiscal planning, capital improvements, and tax strategies, while advising on the fiscal implications of resolutions, ordinances, contracts, staffing, and budget adjustments. Assist in ensuring the requisite standards for maintaining the Town’s national credit rating are met on long-term debt and bond issues organization, budget balancing, tax collection delinquency, stability of tax levy, and maintenance of adequate fund balances. Oversee comprehensive financial audits, coordinating internal and external audit efforts, ensuring timely submission of Basic Financial Statements, Annual Comprehensive Financial Reports, and state forms. Additionally, ensures the prompt completion of annual financial audits, including the Single Audit for Federal and State Awards. Oversee the procurement of capital assets and ensure accurate recording and depreciation of these assets. Assists the IT Director in maintaining the current financial management software systems; recommends changes to and installation of new computerized accounting systems and procedures.
SUPPLEMENTAL INFORMATION
The Town of Prescott Valley—The Cooler Side of Arizona The Town of Prescott Valley is located in beautiful central Arizona, set between the scenic Mingus and Bradshaw mountain ranges in the heart of Yavapai County. Our high desert elevation of 5,100 feet affords us four seasons with mild temperatures year-round. Prescott Valley is the largest and fastest-growing municipality in the county. (est. 50,000 pop.) Founded in 1966, Prescott Valley offers a small-town, rural atmosphere filled with rich natural beauty and modern amenities. Three national forests are nearby, and the South Rim of the Grand Canyon is a short two-hour drive away. The Prescott Valley lifestyle is for someone who enjoys a relaxed pace of life, but also wants the excitement of being part of a growing, evolving community!Known as a diverse, welcoming community, Prescott Valley boasts excellent cultural, recreational and educational activities and superior public services. The Town’s downtown area is anchored by a 5,000 seat, town-owned event center that hosts concerts, sporting events, and shows. A carefully created General Plan serves to protect the quality of life that has been the reason that many have moved to Prescott Valley. The town has an excellent K-12 school system, local access to higher education, and offers a variety of shopping and restaurant options in and around its inviting central business district.Town ValuesIncorporated in 1978, the Town operates under the council-manager form of government. We believe our greatest resource in fulfilling our mission is our employees! Our signature count-on-me SERVICE culture means together, we roll up our sleeves and get the job done quickly and effectively. We value INTEGRITY, holding ourselves to the highest standards; we are responsible, honest and transparent. RESPECT, we treat others with dignity. We genuinely welcome differences in people, cultures, ideas and experiences for a more inclusive workplace. TEAMWORK, honoring our commitments. FUN, our energizing force to create and innovate finding a new way to pioneer public services. When we have fun doing what we love our citizens love their experiences with us! With a sense of humility we give our time, attention and action in service to others. Under the leadership of our Town Manager and Council, the Town of Prescott Valley is a proactive, visionary, and solution-oriented organization. Fiscally conservative, the Town is financially sound with little debt and healthy reserves, positioning us to move forward in continued smart and sustainable growth for years to come.
THE POSITIONUnder general direction of the Town Manager, the Finance Director leads and supervises the Finance Department staff, oversees recruitment, training, task assignment, performance evaluations, and manages complex projects while ensuring compliance with accounting standards and policies.
EXAMPLE OF DUTIES
Serves as Chief Financial Officer and Treasurer of the Town. Advises and assists the Town Manager and Town Council in preparing budget documents and making related budget recommendations. Collaborates with Town Manager, department heads and related staff to review, analyze, and clarify budget document submissions and related budget entries on the financial system. Ensures enforcement of State laws, local ordinances, and other regulations pertaining to municipal operations. Establishes, maintains, and directs Town-wide accounting functions including: general ledger, accounts receivables, accounts payable, payroll and fixed assets; develops cash management and internal control requirements; develops debit management activities including sale of bonds/notes and record keeping; and debt rating and reporting systems pursuant to GASB rules and GAAP. Offers expert guidance and support to the Town Manager and staff, Town Council and other governing committees encompassing financial, statistical, and analytical insights. Collaborates on long-range fiscal planning, capital improvements, and tax strategies, while advising on the fiscal implications of resolutions, ordinances, contracts, staffing, and budget adjustments. Oversees comprehensive financial audits, coordinating internal and external audit efforts, ensuring timely submission of Basic Financial Statements, Annual Comprehensive Financial Reports, and state forms. Ensures the prompt completion of annual financial audits. Develops policies and procedures for cash management and investment functions. Monitors developments in GAAFR, GAAP and GASB and implements new standards. Is responsible for fostering a work culture that aligns with the values of the Town (Service Excellence, Integrity, Respect, Teamwork, and Fun), provides leadership in the delivery of superior services to Town residents and businesses, values innovation and seeks best practices. Prepares and presents financial reports to the Town Council, governing committees, and Town Manager regarding department budgets, operating funds, special grants, fixed assets and related data.IDEAL CANDIDATEThe ideal candidate will: Possess the ability to offer expert guidance and support to Town Manager and staff, Town Council and other governing committees, encompassing financial, statistical, and analytical insights. Collaborate on long- range fiscal planning, capital improvements, and tax strategies, while advising on the fiscal implications of resolutions, ordinances, contracts, staffing, and budget adjustments. Assist in ensuring the requisite standards for maintaining the Town’s national credit rating are met on long-term debt and bond issues organization, budget balancing, tax collection delinquency, stability of tax levy, and maintenance of adequate fund balances. Oversee comprehensive financial audits, coordinating internal and external audit efforts, ensuring timely submission of Basic Financial Statements, Annual Comprehensive Financial Reports, and state forms. Additionally, ensures the prompt completion of annual financial audits, including the Single Audit for Federal and State Awards. Oversee the procurement of capital assets and ensure accurate recording and depreciation of these assets. Assists the IT Director in maintaining the current financial management software systems; recommends changes to and installation of new computerized accounting systems and procedures.
SUPPLEMENTAL INFORMATION
The Town of Prescott Valley—The Cooler Side of Arizona The Town of Prescott Valley is located in beautiful central Arizona, set between the scenic Mingus and Bradshaw mountain ranges in the heart of Yavapai County. Our high desert elevation of 5,100 feet affords us four seasons with mild temperatures year-round. Prescott Valley is the largest and fastest-growing municipality in the county. (est. 50,000 pop.) Founded in 1966, Prescott Valley offers a small-town, rural atmosphere filled with rich natural beauty and modern amenities. Three national forests are nearby, and the South Rim of the Grand Canyon is a short two-hour drive away. The Prescott Valley lifestyle is for someone who enjoys a relaxed pace of life, but also wants the excitement of being part of a growing, evolving community!Known as a diverse, welcoming community, Prescott Valley boasts excellent cultural, recreational and educational activities and superior public services. The Town’s downtown area is anchored by a 5,000 seat, town-owned event center that hosts concerts, sporting events, and shows. A carefully created General Plan serves to protect the quality of life that has been the reason that many have moved to Prescott Valley. The town has an excellent K-12 school system, local access to higher education, and offers a variety of shopping and restaurant options in and around its inviting central business district.Town ValuesIncorporated in 1978, the Town operates under the council-manager form of government. We believe our greatest resource in fulfilling our mission is our employees! Our signature count-on-me SERVICE culture means together, we roll up our sleeves and get the job done quickly and effectively. We value INTEGRITY, holding ourselves to the highest standards; we are responsible, honest and transparent. RESPECT, we treat others with dignity. We genuinely welcome differences in people, cultures, ideas and experiences for a more inclusive workplace. TEAMWORK, honoring our commitments. FUN, our energizing force to create and innovate finding a new way to pioneer public services. When we have fun doing what we love our citizens love their experiences with us! With a sense of humility we give our time, attention and action in service to others. Under the leadership of our Town Manager and Council, the Town of Prescott Valley is a proactive, visionary, and solution-oriented organization. Fiscally conservative, the Town is financially sound with little debt and healthy reserves, positioning us to move forward in continued smart and sustainable growth for years to come.
Salary : $131,539 - $197,308