HomeMy WebLinkAboutAssistant Finance Director Job Description 07 07 25CITY OF MONROE
JOB DESCRIPTION
ASSISTANT FINANCE DIRECTOR
Supervised By: Director of Finance
Supervises: Accountant I, Accountant II, and Payroll Clerk
Position Summary:
Under the supervision of the Director of Finance, maintains the general ledger accounting
system and prepares journal entries as necessary. Assists with and directs staff in the
completion of fiscal year-end accounting and the preparation of the Comprehensive
Annual Financial Report (CAFR). Assists the Finance Director and performs analysis in the
preparation of the annual City budget. Prepares journal entries, budget amendments, and
performs general ledger and bank account reconciliations. Maintains Fixed Assets and
Long-Term Debt records and performs other tasks in support of Finance Department
operations. Supervises staff responsible for the accounts payable and miscellaneous
accounts receivable functions.
Essential Job Functions:
An employee in this position may be called upon to do any or all of the following essential
functions. These examples do not include all of the duties that the employee may be
expected to perform. To perform this job successfully, an individual must be able to
perform each essential function satisfactorily.
1. Maintains general accounting and subsidiary ledgers for all funds. Maintains
accounting systems and procedures in accordance with generally accepted
accounting principles.
2. Administers the annual budget process under the supervision of the Finance
Director.
3. Prepares and posts journal entries and budget amendments for all funds, and
makes journal entry adjustments as required. After posting, runs trial balances,
checks errors, and makes corrective journal entries as necessary. Seeks
clarifications to incomplete or improperly reported transactions as necessary, and
completes the balancing process.
4. Assists in the preparation of general-purpose financial statements and provides
required documentation to external auditors for purposes of meeting annual
financial reporting requirements. Assists the Finance Director with year-end
financial reporting and preparation of the Michigan F-65 report.
5. Maintains tax collection records, posts taxes to different accounts and distributes
appropriate information and tax collections to other governmental agencies.
Manages distribution to City tax increment financing entities.
6. Maintains a working knowledge of the chart of accounts and assists department
heads and City personnel with informational requests.
7. Creates new spreadsheet files and prepares periodic service and status reports for
informational needs, management review and budget analysis. Prepares annual Act
51 reports and supervises preparation of quarterly trunkline reimbursement reports.
8.
9. Supervises the preparation of annual 1099-MISC forms; distribution of forms to
vendors; files information with State and Federal tax agencies.
10. Administers procurement card program. Audits monthly credit card transactions;
reconciles transaction data to statements and exports transactions from credit card
software into accounts payable program. Manages non-sufficient funds check
accounting.
11. Provides backup support and performs the functions of the Payroll Clerk and
Accountant I in their absence.
12. Administers City Purchasing Process, including posting of bids and creation of bid
tabulations.
13. Reconciles special assessment, tax, and utility receivable accounts.
14. Maintains delinquent personal tax receivable and revenue accounts.
15. Ensures proper accounting for grants, including any receivables or deferrals.
16. Assists the Finance Director in calculating the net pension liability and net OPEB
obligation liability.
17. Main
Assists Finance Director with quarterly investment reporting.
18. Maintains the accounting for Long Term Debt and Capital Assets.
19. Manages the Finance Department's records retention program.
20. Supervises accounting personnel, monitors work performance, arranges for training,
and recommends disciplinary actions if necessary. Participates in employee
interviews and provides input in the hiring process.
21. Recommends and assists in the implementation of goals and objectives, implements
policies and procedures.
22.
23. Performs related work as required or assigned.
Required Knowledge, Skills, Abilities and Minimum Qualifications:
The requirements listed below are representative of the knowledge, skills, abilities and
minimum qualifications necessary to perform the essential functions of the position.
Reasonable accommodations may be made to enable individuals with disabilities to
perform the job.
Requirements include the following:
and training in government finance functions.
and financial software, preferably BS&A Software, specific to the department, and the
ability to master new technologies.
terminology.
procedures.
programs.
aration of financial or other reports and the maintenance of records.
detail.
technical and non-technical users, and present ideas orally and in writing.
when dealing with employees, governmental agencies, and vendors.
y under stress, meet deadlines, set priorities, and manage change
in work.
mathematical computations quickly and accurately.
Physical Demands and Work Environment:
The physical demands and work environment characteristics described here are
representative of those an employee encounters while performing the essential functions
of the job. Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to communicate
in person and by telephone, read regular and small print, view and produce written and
electronic documents, and enter data on a computer keyboard with repetitive keystrokes.
The employee must be mobile in an office setting, stand, sit, stoop and kneel, use hands to
finger, handle, or feel, and reach with hands and arms.
The employee must lift or push/pull objects up to 15 lbs. without assistance.
Accommodation will be made, if needed, for office employees required to lift or move
objects that exceed this weight.
The typical work environment of this job is a business office setting where the noise level is
quiet and sometimes moderate.