Chief Financial Officer
AUGUSTA , Ga.
Senior Executive Position
Senior executive level position that directs and oversees all financial activities of the Consolidated Government to ensure the fiscal health and stability of the government. Responsible for the development of financial policies and practices to ensure compliance with local, state and federal laws, standards, and regulations following generally accepted accounting principles (GAAP) and planning financial strategies in accordance with the goals and directives of the Augusta, Georgia Board of Commission.
Principal Duties and Responsibilities
- Directs the preparation, publication and distribution of the annual budget for the Consolidated Government: develops and monitors revenues and expenditures; monitors and maintains debt service requirements; prepares the preliminary budget with proposed alternatives; participates in long- and short-range financial planning, including forecasting all revenues, capital requirements and cash flow management for all funds; and provides final review and correction to written reports and documents included in annual budget.
- Oversees accounting operations: ensures maintenance of accounting records and documentation; ensures set of controls and budgets to mitigate risk; oversees accounts payable and accounts receivable operations, such as control systems, transaction-processing operations, payroll processing, bank reconciliations, debt payments, and adherence with policies and procedures; maintains chart of accounts; provides financial analyses; coordinates provision of information to external auditors; and monitors debt levels and compliance with debt covenants.
- Oversees treasury operations: forecasts cash flow positions, related borrowing needs, and available funds for investment; ensures sufficient funds are available to meet ongoing operational and capital investment requirements; maintains banking and credit rating agency relationships; arranges for equity and debt financing; invests funds; oversees pension investment and other funds; makes recommendations regarding liquidity; and monitors adherence to policies and procedures and financial controls.
- Oversees risk management operations: ensures proper administration of workers' compensation, employee safety programs, and effective coordination of loss prevention and control activities to include identifying and assessing risks that could impact the City's reputation, safety, security, and financial stability.
- Prepares all necessary reports to meet legal requirements and assists in making financial decisions: ensures all mandated reports to local, state and federal regulatory agencies or others are submitted as required; compiles and/or tracks various administrative and/or statistical data pertaining to financial matters; prepares, reviews, and/or analyzes a variety of financial documents; makes applicable calculations; prepares or generates reports; and maintains related records.
- Organizes, prioritizes, and assigns work: prioritizes and schedules work activities in order to meet objectives; ensures that subordinates have the proper resources needed to complete the assigned work; monitors status of work in progress and inspects completed work; consults with assigned staff to assist with complex/problem situations and provide technical expertise; and provides progress and activity reports to Consolidated Government administrators and elected officials.
- Develops, recommends, and implements policies and procedures for the department: reviews efficiency and effectiveness of financial operations, methods, processes, and procedures; designs and implements new and revised policies and/or processes; and ensures department activities comply with established policies and standards.
- Perform other duties of a similar nature or level.
Required minimum qualifications:
Education: Bachelor's Degree in Finance, Accounting, or Master of Business Administration (MBA)
Preferred: Certified Public Accountant (CPA) or Certified Public Finance Officer (CPFO).
Experience: Seven (7) years of progressively responsible experience in professional level government accounting, to include supervisory or people management experience.
Knowledge/Skills/Abilities:
- Must be bondable.
- Proficiency in techniques of computerized information management, economic forecasting and trending, and investing,
- Proven knowledge of Generally Accepted Accounting Principles (GAAP), and Generally Accepted Auditing Standards (GAAS)
- Demonstrated executive level written and verbal communication skills
- Excellent analytical and organizational skills.
- Ability to adapt to a fast-paced, deadline-driven environment while managing multiple priorities.
- Ability to effectively communicate, cooperate, and collaborate with multiple levels of employees, government officials, and government agencies
Licensing/Certification:
- Must possess (or obtain within 30 days of hire) and maintain a valid Georgia or South Carolina driver's license.
- Preferred: Certified Public Accountant (CPA) or Certified Public Finance Officer (CPFO).
This position requires travel from the office less than 50%. The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to this job. PERFORMANCE APTITUDES:
- Data Utilization: Requires the ability to synthesize and integrate data for predicting, anticipating, and planning for future events impacting the organization. Includes determining strategic and tactical decisions at the highest organizational levels of authority and responsibility.
- Human Interaction: Requires the ability to function in a director capacity for a major organizational unit requiring significant internal and external interaction.
- Equipment: Requires the ability to operate, maneuver and/or control the actions of equipment, machinery, tools, and/or materials used in performing essential functions.
- Verbal: Requires the ability to utilize a wide variety of reference, descriptive, advisory and/or design data and information.
- Math: Requires the ability to perform mathematical operations associated with budgeting, performance measures, and strategic planning, etc..
- Functional Reasoning: Requires the ability to apply principles of logical or scientific thinking to implement both intellectual and practical relationships; involves responsibility for consideration and analysis of complex organizational problems of major conceptual functions.
- Situational Reasoning: Requires the ability to exercise judgment, decisiveness and creativity in critical and/or unexpected situations involving moderate risk to the organization.
- Physical Abilities: Tasks require the ability to exert light physical effort in sedentary to light work, but which may involve some lifting, carrying, pushing and/or pulling of objects and materials of light weight (5-10 pounds). Tasks may involve extended periods of time at a keyboard or work station.
- Sensory Requirements: Some tasks require the ability to communicate orally.
- Environmental Factors: Essential functions are regularly performed without exposure to adverse environmental conditions.
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