Finance Officer
City of Boone, IA
Under the general direction of the City Administrator, the Finance Officer is in a highly responsible operations and oversight position. The Finance Officers role provides strategic oversight of all financial operations, including budgeting, forecasting, reporting, treasury management, accounts payable, payroll, ensures fiscal integrity, and strong internal controls.
ESSENTIAL JOB DUTIES:
Financial Management & Strategy
- Strategic Planning: Forecast the sustainable financial future through modeling, projections, and the development of innovative strategies that support the City’s growth and development initiatives.
- Budgeting: In collaboration with the City Administrator and key stakeholders prepare, present, and administer the City’s annual operating and capital budgets, including all state-required reports, actively participating as a core member of the leadership team.
- Oversight & Compliance: Oversee all financial operations, including general accounting, payroll, accounts payable and receivables, grant requirements, utility fund finances, development agreements, ensuring adherence to GAAP, GASP, and all state and federal requirements.
- Reporting: Prepare and present accurate monthly finance reports and other periodic statements of the City’s financial conditions to the City Administrator and City Council.
- Debt & Audit Management: Coordinate citywide audits, manage post-issuance compliance for municipal bonds and grants, and oversee management of City revenues and investment strategies.
- Risk Management: Oversee and participate in the City’s risk management and insurance oversight.
HR Management
- HR Management: Manage employee benefits, compensation systems, and HR policy development in coordination with the City Administrator.
- Payroll Compliance: Oversee payroll, ensuring strict compliance with federal and state regulations including COBRA, FMLA, FLSA, HIPPA, and ACA.
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:
• Ability to take initiative and work efficiently.
• Ability to work independently with intermittent direct supervision.
• Strong management skills: ability to lead, mentor, counsel, and develop others.
• Strong software skills: Microsoft 365 (Excel, Word, Outlook, and PowerPoint), PlanIt, and Caselle.
• Knowledge of Tax Increment Financing (TIF) and Urban Revitalization Laws.
• Knowledge of payroll, state and federal regulations, and employee benefit administration.
• Ability to deal professionally, confidentially, and tactfully with employees, management, citizens, bankers, and other business associates.
• Excellent written, oral, and interpersonal communication and listening skills.
• Problem solving, sound judgement and decision-making abilities.
• Accurate math skills.
• Ability to concentrate in a diverse work setting.
• Maintain confidentiality.
• Perform job functions adhering to safety guidelines and policies set forth by the administration and/or supervisor.
• Knowledge of federal and state tax laws
• Knowledge of typical office equipment.
QUALIFICATIONS:
Education: Bachelor’s degree in accounting or finance.
Preferred Education: Master’s degree in accounting, finance, or public administration, Certified Municipal Clerk or sufficient training to be a Certified Municipal Clerk. Certified Public Accountant.
Experience: A minimum of 5 years of related experience in municipal government.
Valid Iowa Driver’s License.
Must be bondable.
Residency requirement: Must live within 30 miles of City of Boone corporate limits or willing to move within 6 months after accepting the position.