Finance Director/Treasurer | Village of Palos Park

VILLAGE OF PALOS PARK

FINANCE DIRECTOR

The Village of Palos Park, population of nearly 5,000, a progressive and full-service community with a high quality of life, is accepting applications for the position of Finance Director/Treasurer. This professional position works under the direct supervision of the Village Manager and contributes to the overall mission of the Village, by professionally administering efficient and effective financial systems and procedures.

The Finance Director is an integral part of the executive management team, and works collaboratively with the Village Manager, Department Directors and other staff. The Director will participate in and inform the executive management team with respect to key decisions regarding budget development, administration, economic development, capital planning, and long-term financial planning and all policies affecting the overall fiscal health of the Village.

The Finance Director/Treasurer will manage and keep the executive management team informed with respect to the organization’s financial operations, including oversight of accounts payable and receivable, budgeting, production of financial statements and reports, annual audits, debt management, and monitoring expenditures according to budget allocations.  

KEY ATTRIBUTES

• Strong accounting and financial management skills along with the ability to provide strategic guidance to the Village Manager and to the elected officials.
• A passion for public service and a demonstrated ability to work effectively in a municipal environment.
• Ability to effectively communicate, both verbally and in writing, complex financial concepts and strategies in a manner that can be readily understood by individuals with little background in municipal finance, including to residents and other interested parties.
• A forward-looking perspective, constantly scanning the horizon to anticipate future problems while formulating potential solutions.
• A strategic and entrepreneurial mindset with a demonstrated willingness to pursue new and creative methods that result in improved efficiency and enhanced customer service to the executive management team, other Village staff, residents, and other constituents.
• At least five (5) years of progressively responsible financial management experience. Some direct experience in municipal and/or county financial management is preferred.
• A bachelor’s degree is required in accounting, finance, public administration, or some other related field.  MBA, CPFO, MPA, or CPA preferred.
• Experience with BS&A ERP system software a plus.

RESPONSIBILITIES

• Lead the annual budgeting and planning process with the input of the Village Manager and other members of the executive management team and other Village staff.  Monitor the progress and changes, and communicate to the Village Manager and the other members of the Executive management team monthly budget versus actual reports, with review and analysis of significant departures from budgeted figures.
• Oversee audit and preparation of the annual financial statements including the Annual Comprehensive Financial Report (ACFR), coordinate activities with outside audit/accounting firms, and review firms’ performance.
• Develop appropriate investment strategies and oversee the implementation of such strategies.
• Update and recommend implementation of necessary financial policies and accounting practices.
• Responsible for monitoring and maintaining internal controls.
• Analyze financial information detailing assets, liabilities, revenues and expenditures/expenses; as well as, prepare balance sheet, revenue and expenditure/expense statements, and other reports to summarize current and projected Village financial position. Prepare miscellaneous financial reports and account analysis as requested by the Village Manager and the other members of the executive management team.
• Establish and maintain chart of accounts within the financial accounting system software; and oversee the preparation of all bank account and investment reconciliations. Monitors collateral balances.

Salary $105,000 - $115,000 DOQ with full benefits. The Village of Palos Park offers a comprehensive employee benefit package.  The Village provides paid vacations, personal, sick days, and holidays.   Retirement benefits through the Illinois Municipal Retirement Fund are provided along with the option to voluntarily participate in a 457 Plan.