Job Specification 07084
DIRECTOR OF FINANCE
Under direction, plans, directs, and administers all work
pertaining to the management of the financial resources of an entire
municipality, county, or autonomous agency; does related work as
This position involves directing an entire financial management
program which encompasses coordinating and synthesizing all functional
activities associated with budget preparation, accounting, financial
analysis, managerial financial reporting, cost benefit analysis, and
The work involves the review, analysis, evaluation, and reporting
on program accomplishments in financial terms, the comparison of
program performance with operating plans and standards as reflected in
financial data, and reporting on and interpreting financial information
with the objective of promoting efficiency and economy in terms of the
results or program benefits as compared to monetary expenditures.
The function of this position also involves responsibility for
developing, coordinating, and implementing financial policies,
procedures, and plans as well as the development, coordination, and
maintenance of a comprehensive system for the analysis, evaluation, and
synthesis of financial data to provide management with effective
EXAMPLES OF WORK:
Analyzes budget requests.
Determines the amount of money involved in proposed salary
Reviews all requisitions for appropriateness of expenditure of
funds, and does follow-up on all questioned vouchers and requisitions.
Authorizes the disbursement of funds.
Reviews budget practices, and performs research to make the budget
a more meaningful document.
Directs the preparation of the budget.
Assures adherence to contractual obligations.
Assigns and supervises the work of subordinates.
Compiles difficult and other statements and reports using basic
Directs the preparation of annual financial statements and reports
required by law or contracts.
Conducts periodic studies to determine the effectiveness of
current financial control methods.
Directs all activities pertaining to the disbursement and
collection of funds, and the installation of a uniform system of
accounts and accounting procedures.
Develops and maintains an accounting system.
Prepares the annual debt statement according to law.
Prepares supplemental debt statements according to local bond law
and municipal bond ordinances.
Administers the municipal debt sale of bond anticipation notes and
bonds, the preparation of necessary financial and statistical data, and
the bond sale prospectus.
Prepares resolutions to transfer monies from one account to
Prepares budgets amendments.
Works with data processing staff to revise or establish new
May maintain a running analysis of accounts.
Supervises and performs highly responsible accounting work
involved in the installation, operation, and auditing of accounts.
Makes difficult inspections of varied financial transactions and
records to ensure that regulations and accounting procedures are
Supervises the maintenance of essential accounting records and
Manages the work operations and/or functional programs and has
responsibility for employee evaluation and for effectively recommending
the hiring, firing, promoting, demoting, and/or disciplining of
May be required to learn to utilize various types of electronic
and/or manual recording and information systems used by the agency,
office, or related units.
Graduation from an accredited college with a Bachelor's degree
in accounting, budgeting, finance, economics, or public or business
NOTE: Possession of a current, valid certificate as a
Municipal Finance Officer issued by the NJ Department of Community
Affairs, Division of Local Government Services may be substituted for
the above education requirement.
Five (5) years of supervisory experience in functional areas
of financial management such as accounting, budgeting, auditing, or
financial or fiscal analysis.
Appointees will be required to possess a driver's license
valid in New Jersey only if the operation of a vehicle, rather than
employee mobility, is necessary to perform the essential duties of the
KNOWLEDGE AND ABILITIES:
Knowledge of the principles, methods, and procedures used in
budgeting, accounting, internal auditing, program evaluation, and
financial and managerial reporting.
Knowledge of the laws, rules, and regulations governing the
installation, operation, and keeping of accounts and their application
to specific situations.
Knowledge of the preparation of involved and detailed
accounting and other financial reports containing findings,
conclusions, and recommendations.
Knowledge of modern government budgeting problems, practices,
and methods and their application to specific situations.
Ability to utilize principles, methods, techniques, and
systems of financial management.
Ability to plan, direct, and coordinate difficult, complex
Ability to assist in developing, applying, and adjusting
financial plans and policies to attain objectives.
Ability to establish and maintain effective working
relationships with all levels of management.
Ability to apply sound, independent judgment in the solutions
of financial problems and in the administration of financial programs.
Ability to make oral and written presentations in a clear,
Ability to learn to utilize various types of electronic and/or
manual recording and information systems used by the agency, office, or
Ability to read, write, speak, understand, or communicate in
English sufficiently to perform the duties of this position. American
Sign Language or Braille may also be considered as acceptable forms of
Persons with mental or physical disabilities are eligible as
long as they can perform the essential functions of the job after
reasonable accommodation is made to their known limitations. If the
accommodation cannot be made because it would cause the employer undue
hardship, such persons may not be eligible.
Code: LG-07084 CAH 12/14/93
THIS SPECIFICATION IS FOR COUNTY AND MUNICIPAL GOVERNMENT USE ONLY.