Director of Finance

Salary Range

$99,200.00 – $148,800.00 Salary

JOB DESCRIPTION

Title of Position:     Director of Finance

Department:            Finance Department

Reports To:             Deputy Director of Administrative Services

Status:                     Full-Time Position

Dated:                      November 2023

FLSA:                       Exempt

General Summary:

Under the general direction of the Deputy Director of Administrative Services, this position has primary authority and responsibility in the areas of budget, accounting, and finance.  The position directs and manages all activities to safeguard the assets of the District and to accurately report financial condition.  Directs all activities and operations of Finance, including budgeting – operating, capital and all associated analyses – financial management, accounting, financial reporting, debt issuance and administration, cash management and investments, auditing, and preparation of the Annual Comprehensive Financial Report.

Essential Duties & Responsibilities:

  • Manages all financial activities of the District including treasury, budget and accounting functions.
  • Establishes financial objectives and policies; determines long and short-term budgetary needs of the District; prepares budgets, financial forecasts, and cost analyses to monitor revenues and expenditures and departments’ performance against Board approved budget, as well as financial effectiveness and efficiency in the use of the District’s assets.
  • Develops monthly and quarterly financial reports; presents quarterly reports to the Board, and the Executive Leadership Team; other reports and analyses as necessary.
  • Directs annual budget process – operating, capital and associated analyses.
  • Develops and implements procedures, rules and policies to advance District goals and objectives.
  • Establishes financial, cash management, and internal controls and procedures; conducts periodic internal audits to ensure compliance with good accounting practices, cash controls, and proper recordkeeping.
  • Leads cash management and investment of District funds.
  • Directs all accounting functions, including month-end, year-end closes, accounts payable/receivable, financial reporting.
  • Oversees the annual financial audit and preparation of Annual Comprehensive Financial Report; serves as liaison with District external auditors, including providing requested financial and operational information to assist auditors.
  • Responsible for all financial reporting requirements as required by state, federal and other governmental agencies.
  • Performs capital projects financial analysis.
  • Responsible for investing reserve funds as appropriate and as defined in the District Investment Policy with the approval of the Executive Director.
  • Performs miscellaneous financial analyses and reporting, as requested by the Deputy Director of Administrative Services, including, but not limited to long-range financial forecasting, cost recovery analysis, profitability studies, cost analysis, floating reports, year-end analysis, capital expenditures reviews, and cash flow analysis.
  • Oversees the maintenance of the appropriate fixed asset records and the required inventory of those assets.
  • Performs property tax calculations and meets all reporting requirements.
  • Oversees debt administration including general obligation bonds, revenue bonds, revenue notes, and lease purchase agreements and participates in debt issuance and refinancing.
  • Oversees all District insurance related matters, including commercial, liability, property, automobile, and public officials’ insurance; recommends and maintains the proper levels of property and liability insurance.
  • Attends and participates in professional group meetings; stay abreast of new Governmental Accounting Standards Board Pronouncements, Financial Accounting Standards Boards Statements and Interpretations; Accounting Principles Board Opinions and Accounting Research Bulletins.
  • Maintains communications and effective working relationships with all District employees, vendors, contractors, community organizations, and the general public.
  • Works periodically on special projects as assigned outside the context of the Finance Department, but for which the incumbent possesses the ability to perform adequately.
  • Serves on committees and focus groups as assigned.
  • Other duties as assigned.

Supervisory Duties:

Position directly supervises three (3) full-time positions within the Finance Department: and a nominal number of seasonal staff members.

Knowledge, Skills, and Abilities Required:

  • Must possess strong knowledge of Generally Accepted Accounting Principles (GAAP basis accounting and budget-based accounting); financial reporting experience, Colorado Special District finance experience, and ACFR preparation experience.
  • Demonstrates and enforces the highest ethical standards in all procedures, processes and decision making.
  • Knowledge of modern office procedures, methods and general office equipment; proficiency with applicable computer software applications (Word, Excel, Outlook, POS, etc.).
  • Experience with accounting and point-of-sale software.
  • Ability to work under pressure, with a high level of confidentiality and with tight deadlines.
  • Strong organization, managerial, and communication skills.
  • Ability to operate a computer and other standard office equipment.
  • Strong accounting, financial, budget planning, development, control, funding, legal requirements, experience, practices, and processes.
  • Strong organization, managerial, and communication skills.
  • Excellent analytical aptitude.
  • Demonstrates strong, responsive and respectful customer service.
  • Displays tact and a team-oriented approach in communications and direction to staff.
  • Strong teamwork, ability to work well with others.
  • Demonstrates accountability and ownership of work responsibilities.
  • Embraces flexibility and innovative approach to find efficiencies.

Working Environment/Physical Activities:

  • This job operates in an office environment.
  • This role routinely uses standard office equipment such as computers, phones, copiers, filing cabinets, and fax machines.
  • While performing the duties of this job, the employee is regularly required to talk and hear, stand, walk, use hands, and lift and/or move up to 25 pounds occasionally.

Education/Experience:

  • College degree in Business Administration, Public Administration, Finance, Accounting, or a closely related field; Certified Public Accountant or Certified Public Finance Officer designation preferred.
  • An equivalent combination of education and experience may be considered.
  • Must possess knowledge of Generally Accepted Accounting Principles (GAAP basis accounting and budget-based accounting), budgeting, fiscal management, and program management.
  • Minimum of seven years of experience in public finance and/or accounting with at least three years in a supervisory capacity.

This job description may be amended from time to time and is established by Hyland Hills Park & Recreation District. The above declarations are not intended to be an all-inclusive list of the duties and responsibilities of the job described, nor are they intended to be such a listing of the skills and abilities required to do the job. Rather, they are intended only to outline the basic requirements, duties, and general responsibilities of the position.  This position is “at will”, which means the District may terminate the employment relationship at any time and for any or no reason, subject only to the requirements of Federal and State law.  Similarly, the employee may terminate the employment relationship without notice at any time for any or no reason.

  • Annual Performance Evaluations: are conducted in December annually; the Board of Directors determines the maximum merit increase.
  • PTO: You will accrue 8.31 hours of leave per pay period, which is a total of 216 hours to be used as vacation & holidays. You will also have an Extended Illness Bank (EIB) to be used with an FMLA need or a Covid illness. First year employees may only use the hours accrued and may not carry a negative balance. Non-exempt positions also qualify for compensatory time off, in lieu of cash payments.
  • Benefits: The monthly premiums are paid 100% by the District for you, your spouse, and children (if applicable), and the cost for family coverage is approx. valued at $23,000 per year. This is voted upon annually by our Board of Directors. Your insurance goes into effect after a 30-day waiting period to the 1stof the month. You can choose between United HealthCare and Kaiser Permanente; we also offer Delta Dental and VSP. Please take note on both medical plans there is a $0 dollar deductible for both plans. If you do not want our insurance because you are on your spouse’s plan we can also discuss a reimbursement to stay on that plan instead of ours.
  • 401(k) Match:100% up to 6% (after 6-month wait period)
  • Long Term Disability Policy (LTD):insurance policy that provides partial pay when you are unable to work due to medical reasons (100% paid by the District)
  • AD&D and Basic Life Insurance Policy: equal to your annual salary amount (100% paid by the District)
  • Flex Spending Account: tax savings benefit for out-of-pocket medical expenses by way of payroll deductions
  • Employee Assistance Program: counseling services for life events
  • Voluntary Life Insurance: at very competitive rates, up to $150k in coverage without the need for a medical exam; you may also get coverage for your spouse and children
  • Facility Benefits: Free/discounted programs for you and dependents, including free entry to Water World, free golf at our Golf Course, free admission to Adventure Golf & Raceway, free admission to our Ice Centre and more!

To apply for this job please visit hylandhills.org.