Director of Finance

City of Bangor, ME

The City of Bangor is seeking candidates for the position of Finance Director. This is a highly visible leadership position, responsible for ensuring the City's financial resources are properly utilized, accounted for, and safeguarded. This includes the planning, directing, and coordinating the accounting, budgeting, treasury, auditing, and debt management operations of the city.

ESSENTIAL FUNCTIONS:
This list is meant to be an overview and should not be considered all-inclusive.
 Serves as a high-level leader in the organization reporting directly to the City Manager,
providing insight and support to current and future programs and goals for all functions of the
City. Provides support and direction to Department Directors and Division Heads on a variety of
procedures and processes.
 Plans, organizes, directs and reviews budget preparation and execution, revenue collection,
fund accounting, and internal auditing for the City within established deadlines; develops
revenue estimates and prepares City’s annual budget for submittal to City Manager and City
Council; administers budget upon approval.
 Leads departmental personnel management activities including: recruitment and
development, performance evaluations, and corrective action of employees.
 Monitors all City department accounts by following prescribed accounting policies and
statutes, reviewing departmental budget requests, and advising department heads of proper
accounting procedures and practices.
 Supervises disbursement of all City monies, and controls all expenditures to assure budget
appropriations are not exceeded.
 Assists City Manager and other officials with developing and implementing City policies,
procedures and projects, including: bond issues, financial forecasting and analyses, capital
improvements investment of City monies, and other financial, budgeting and operating policies.
 Oversees the development and implementation of departmental policies, procedures, and
systems to provide appropriate internal financial controls and improve operational efficiency.
Ensures compliance with the issuance of debt. This may involve serving as main liaison with
Municipal bond Rating Agencies, City Financial Advisor, Bond Counsel, and other local financial
institutions; and negotiating short-term revenue notes or tax anticipation loans based on
analyses and estimates of municipal bank balances, receipts, and expenditures.
 Coordinates City efforts as required to ensure accuracy and timelines of annual outside
financial audit; coordinates City response to any audit findings and recommendations included
in management letter.
 Assists other key executive staff in understanding and complying with standard
accounting/budgeting procedures, grant application and management, developing cost-benefit
analyses of various City programs and services, developing cost of service information related
to establishing fees for service, and responding to financial questions from the Council, the
Manager, and the public.
 Continually reviews City’s overall financial and budgetary status, identifies areas of potential
financial problems and weaknesses and brings these to the attention of the City Manager and
City Council along with recommendations on how to address these problems.
 Attends City Council sub-committee(s) and full City Council meetings, as appropriate or
required; prepares agenda items and informational reports as required/necessary; develops
and presents policy and operational recommendations to the City Manager/City Council.
 Represents City and Department before civic, professional and community groups; acts as
primary spokesperson for the department through issuance of public statements and
interaction with the media.
 Handles information requests/complaints from the public as related to the Finance
Department; explains departmental and City policies to the public; ensures that public service
and effective communication with the public are a priority of the department.
 Performs related duties as assigned.

DESIRED EDUCATION AND EXPERIENCE:
Considerable knowledge of accounting, finance, and management equivalent to an advanced
degree in Public Finance or Accounting and/or equivalent training and at least seven years’
experience in a mid to high-level financial position is required; municipal or governmental
environment is preferred.

How to Apply

Applications may be completed online: https://apply.bangormaine.gov/ until position is filled.

Job Details

Salary
$120,000
-
$161,000
Job Function
Finance Director
Position Type
Full Time

City of Bangor

Address

73 Harlow St
Bangor, ME 04401-5118
United States

Population
33,039
Form of Government
Council-Manager

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