Author: Carol Weigelt

The Position

Under the general direction of the Town Manager, the Finance Director manages all financial operations of the Town, including the creation and oversight of a FY24 $19 million budget and a $40 million cash portfolio. As the chief financial officer, this position directs all financial functions of the town, including accounting, audit, cash management, budget, purchasing, bonds/debt management, insurance administration, payroll, accounts payable and tax billing. In addition to managing the Finance Department, the position has direct responsibility for its organization, general administration, and efficient operation. The Finance Director exercises considerable independent, professional judgment and initiative in implementing and administering policies and directing work in accordance with applicable laws and regulations.

The Department

The Finance Department is responsible for all financial transactions, revenue, and disbursements of the Town, which include processing warrants and payrolls. This Department manages all cash, investments, and insurances as well as all debt service and writing bonds. The Department is responsible for annually completing a Comprehensive Annual Financial Report and both an Operating and Capital Budget. Managing the purchasing process is also part of the Finance Department’s responsibilities. The purchasing process includes the maintenance of all bid specifications, bid tabulations, and bid awards.

In addition to the Finance Director, the Department is comprised of three full-time employees, including the Assistant Finance Director, Payroll and Benefits Administrator, and Accounts Payable Specialist, all of whom report to the Finance Director.

The Ideal Candidate

The Finance Director position requires a highly-skilled professional who demonstrates a genuine desire to serve the organization and community through exemplary leadership, judgement, and decision-making abilities. The position requires a leader who communicates effectively and courteously and maintains cordial working relationships with various groups and individuals, including the public.

The ideal candidate will have a knowledge of, and the ability to apply, the principles and practices of short- and long-term planning, organizing, staffing, directing, coordinating and delegating, reporting and budgeting, and financial administration in the operation of a municipal department.

Additional required skills include a thorough knowledge of the principles and practices of municipal accounting and of municipal cash management, and considerable knowledge of the laws and regulations related to municipal accounting, budgeting, finance, and cash management.

Opportunities & Priorities

The Finance Director will serve a crucial role in strategically positioning the Town of Falmouth to meet increasing demands for investment capital. In addition to significant long-range planning initiatives, other major projects with significant impact on the financial future of the Town of Falmouth include:

• Identifying and implementing new TIF District opportunities to maximize benefits to the Town’s taxpayers.
• Creating a funding plan for the Town’s Watershed Management Plan currently under development.
• Funding the implementation of Falmouth’s newly adopted Climate Action Plan.
• Planning and budgeting for significant capital improvement projects including a new fire station and public works facility.

 

Additional special projects include:

• Overseeing the Town’s annual senior tax assistance program.
• Monitoring net energy billing credits received from the Town’s landfill solar array.

 

 

Education & Experience

–  Masters preferred; BA required

–  CPA/CMA certification desired

–  8 years progressively responsible experience

– Understanding of municipal accounting & cash management

– Current with GASB and other accounting standards

 

COMPENSATION & BENEFITS

This full-time position offers a competitive salary and excellent benefits package that includes medical insurance, short-term and long-term disability insurance, life insurance, a retirement health savings account, paid vacation, sick, holiday and personal time, and multiple retirement options.

APPLICATION PROCESS

Submit cover letter and resume to: Human Resources, Town of Falmouth, 271 Falmouth Road, Falmouth, ME 04105. Applications can also be e-mailed to hr@falmouthme.org. Resume review will begin March 20. EOE.

For more information, including a job description, visit https://www.falmouthme.org/finance.

The City of Biddeford is an innovative leader that has made an incredible evolution from mill town to a youthful, exciting community. As the City develops further into a robust and eventful community, as an employer we are focused on supporting employees in their mental health, work/life balance and personal growth. City Hall operates on a four-day week schedule to assist employees in maintaining balance in their lives.

We are looking for an energetic and talented financial leader to join our team as our Finance Director. With the City in a period of rapid growth and evolution, this position will be a key part of the leadership team that is guiding the economic revival of the community. We are seeking a motivated, proven leader with experience in a municipal setting, excellent communication skills and the ability to operate from a strategic, high level perspective for the Finance Department while prioritizing the success of the City’s goals.

This Finance Director serves as the City’s Chief Financial Officer responsible for the planning and direction of financial operations of the city, including financial planning, budget administration, general accounting and reporting, payroll, purchasing, debt administration, revenue billing and collection, and Tax Increment Finance (TIF)/economic development funds. The Finance Director position is appointed by and reports to the City Manager and is an integral part of the executive leadership team.  The Finance Director is a hands-on position responsible for oversight and management of all Finance Department operations and staff, which includes five full-time positions.

The City provides all employees and their families with a robust wellness app and other outstanding benefits such as student loan reimbursements and a State pension program.

We offer paid personal, sick, vacation and 13 ½ holidays as well as employer sponsored health insurance with a City funded Health Reimbursement Account which pays healthcare costs up to the deductible.  We offer retirement plans in lieu of the pension, with a match by the City, including a 457 deferred compensation program and a Roth IRA plan. We also offer flexible spending accounts, employee referral bonuses, retirement health savings program with City match, life insurance and more. Salary of 105,000 to 135,000 depending on experience.

Preferred qualifications for Finance Director include:
• At least 7 years of progressive experience in Finance, including supervisory experience, preferably with experience in municipal budgets and financial statements as well as day to day operations
• Bachelor’s Degree in a related field
• Experience in Maine, with Munis Software, a Master’s Degree and/or CPA will be given preference
• Proven Management skills- able to lead an independent, functional and productive team

*Any combination of education and experience that provides the equivalent knowledge, skills and abilities will be considered.

Please submit a cover letter and resume to be considered for this position

Review of applications will begin on August 11th; position will remain open until filled.

Submit your application materials to diana.depaolo@biddefordmaine.org