PALMETTO, CITY OF
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Overview
The Finance Director is a key executive-level leader responsible for directing and managing all financial activities of the City of Palmetto. Under the general direction of the City Manager, the Finance Director oversees the city’s financial strategy and long-term fiscal health in alignment with local, state, and federal policies. This position ensures the implementation of strong internal financial controls, promotes fiscal transparency, and supports the city’s mission of sustainable and responsible governance. The Finance Director provides strategic leadership in budgeting, accounting, investments, debt management, purchasing, revenue collection, and utility billing functions, ensuring financial compliance and accurate reporting to the Mayor, City Council and the City Administrator.
Responsibilities
Directs the methods and procedures for all City financial accounts, designate financial accounting records as may be deemed necessary with the authority to recommend changes in implementation and maintenance.
Monitor and manage City debt, credit ratings, and investment portfolios to ensure fiscal stability and adherence to regulatory compliance.
Monitors all deposits to ensure they are completed daily, that all cash and checks are accounted for and deposited appropriately, and file in accordance with best practices.
Develops, installs and maintains accounting and budgetary systems which provide control of expenditures within all applicable guidelines, rules, regulations, legal constraints and budgetary controls.
Ensure compliance with all applicable local, state, and federal laws and regulations governing public finance.
Manage the year-end fiscal close process and coordinate the annual audit, serving as the primary liaison to external auditors.
Ensure accurate, timely, and transparent financial reporting to external agencies, regulatory bodies and elected officials.
Oversee the completion and submission of the Annual Comprehensive Financial Report (ACFR) in accordance with GAAP and GASB standards.
Plans long-range goals, objectives, organizational structure and overall financial direction of City departments.
Evaluate the financial condition of the City through forecasting, long-term planning, and financial modeling.
Provides direction and assistance to department staff and departments in the preparation and presentation of the City’s annual budget, financial audit reports, revenue administration and treasury management, implementation of auditor recommendations, and citywide policies and procedures.
Provides technical advice, counsel and direction to the Mayor, Council and department heads as necessary to ensure effective administration and implementation of City-approved policies, plans, procedures and systems, files various financial federal and state reports.
Prepares and reviews monthly, quarterly and annual balance sheets and schedule of revenues and expenditures; presents report to Mayor and Council.
Research financing options for the City and making recommendations to the City Administrator, Mayor and Council.
At the direction of Mayor and Council, invests municipal funds and closely monitors funds to obtain optimum return for the City.
Reviews the general ledger system for proper entries and compliance with state and federal regulations; prepares necessary reports.
Develops and recommends annual department operating budget; monitors and administers approved budget; assists in development of and advises Mayor, Council and City Administrator on annual operating budget and capital budget and expenditures.
Supervise and mentor the finance department personnel, promoting professional development and operational efficiency.
Analyzes and performs forecasting related to rate structure and determines supply needs for the electrical power department and the water department. Coordinates wholesale power supply and retail billing.
Collaborate with the City Clerk on financial issues related to utilities.
Implement systems to maximize revenue collection while maintaining fairness and regulatory compliance.
Oversee the procurement and purchasing functions to ensure cost-effective purchasing and compliance with city procurement ordinances.
Manages all banking accounts, relationships, and services.
Develop and maintain a comprehensive risk management strategy to mitigate exposure and ensure fiscal protection.
Maintain and enforce a robust system of internal controls to protect the City’s assets and ensure accurate financial reporting.
Ensure the City’s assets are properly insured and manage claims and insurance renewals.
Implements and installs all changes to the financial reporting system, as required.
Represents the City and the Finance Department in public meetings, including budget hearings, council meetings, and community events when required.
Approves invoices for payment, researches any issues and contacts vendors to resolve all outstanding matters.
Minimum Qualifications
Bachelor’s degree in Accounting, Finance, Public Administration, Business Administration or closely related field, Master's degree or CPA preferred.
Minimum of five (5) years of progressive, responsible financial management experience, preferably in local government or public agency setting.
A minimum of two (2) years in a supervisory or management role.
Preferred Qualifications
Master’s degree in Finance, Accounting, or Public Administration.
Certified Public Accountant (CPA) or Certified Government Finance Officer (CGFO) designation.
Seniority level Director
Employment type Full-time
Job function Finance and Sales
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The Finance Director is a key executive-level leader responsible for directing and managing all financial activities of the City of Palmetto. Under the general direction of the City Manager, the Finance Director oversees the city’s financial strategy and long-term fiscal health in alignment with local, state, and federal policies. This position ensures the implementation of strong internal financial controls, promotes fiscal transparency, and supports the city’s mission of sustainable and responsible governance. The Finance Director provides strategic leadership in budgeting, accounting, investments, debt management, purchasing, revenue collection, and utility billing functions, ensuring financial compliance and accurate reporting to the Mayor, City Council and the City Administrator.
Responsibilities
Directs the methods and procedures for all City financial accounts, designate financial accounting records as may be deemed necessary with the authority to recommend changes in implementation and maintenance.
Monitor and manage City debt, credit ratings, and investment portfolios to ensure fiscal stability and adherence to regulatory compliance.
Monitors all deposits to ensure they are completed daily, that all cash and checks are accounted for and deposited appropriately, and file in accordance with best practices.
Develops, installs and maintains accounting and budgetary systems which provide control of expenditures within all applicable guidelines, rules, regulations, legal constraints and budgetary controls.
Ensure compliance with all applicable local, state, and federal laws and regulations governing public finance.
Manage the year-end fiscal close process and coordinate the annual audit, serving as the primary liaison to external auditors.
Ensure accurate, timely, and transparent financial reporting to external agencies, regulatory bodies and elected officials.
Oversee the completion and submission of the Annual Comprehensive Financial Report (ACFR) in accordance with GAAP and GASB standards.
Plans long-range goals, objectives, organizational structure and overall financial direction of City departments.
Evaluate the financial condition of the City through forecasting, long-term planning, and financial modeling.
Provides direction and assistance to department staff and departments in the preparation and presentation of the City’s annual budget, financial audit reports, revenue administration and treasury management, implementation of auditor recommendations, and citywide policies and procedures.
Provides technical advice, counsel and direction to the Mayor, Council and department heads as necessary to ensure effective administration and implementation of City-approved policies, plans, procedures and systems, files various financial federal and state reports.
Prepares and reviews monthly, quarterly and annual balance sheets and schedule of revenues and expenditures; presents report to Mayor and Council.
Research financing options for the City and making recommendations to the City Administrator, Mayor and Council.
At the direction of Mayor and Council, invests municipal funds and closely monitors funds to obtain optimum return for the City.
Reviews the general ledger system for proper entries and compliance with state and federal regulations; prepares necessary reports.
Develops and recommends annual department operating budget; monitors and administers approved budget; assists in development of and advises Mayor, Council and City Administrator on annual operating budget and capital budget and expenditures.
Supervise and mentor the finance department personnel, promoting professional development and operational efficiency.
Analyzes and performs forecasting related to rate structure and determines supply needs for the electrical power department and the water department. Coordinates wholesale power supply and retail billing.
Collaborate with the City Clerk on financial issues related to utilities.
Implement systems to maximize revenue collection while maintaining fairness and regulatory compliance.
Oversee the procurement and purchasing functions to ensure cost-effective purchasing and compliance with city procurement ordinances.
Manages all banking accounts, relationships, and services.
Develop and maintain a comprehensive risk management strategy to mitigate exposure and ensure fiscal protection.
Maintain and enforce a robust system of internal controls to protect the City’s assets and ensure accurate financial reporting.
Ensure the City’s assets are properly insured and manage claims and insurance renewals.
Implements and installs all changes to the financial reporting system, as required.
Represents the City and the Finance Department in public meetings, including budget hearings, council meetings, and community events when required.
Approves invoices for payment, researches any issues and contacts vendors to resolve all outstanding matters.
Minimum Qualifications
Bachelor’s degree in Accounting, Finance, Public Administration, Business Administration or closely related field, Master's degree or CPA preferred.
Minimum of five (5) years of progressive, responsible financial management experience, preferably in local government or public agency setting.
A minimum of two (2) years in a supervisory or management role.
Preferred Qualifications
Master’s degree in Finance, Accounting, or Public Administration.
Certified Public Accountant (CPA) or Certified Government Finance Officer (CGFO) designation.
Seniority level Director
Employment type Full-time
Job function Finance and Sales
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