Director of Financial Planning and Analysis

Salary: $145,000.00 Annually Location : FAIRFIELD, CT Job Type: FULL TIME Job Number: Department: FINANCE Opening Date: 11/15/2024 Closing Date: 1/2/2025 11:59 PM Eastern GENERAL RESPONSIBILITIES This position reports to the Chief Operating Officer and is responsible for a variety of planning, analysis, budgetary, and funding functions. This individual is responsible for overseeing preparation of and adherence to both operating and capital budgets; grant funding and compliance; financial analysis relative to operating revenue and expenses and capital projects; risk and insurance cost management; and investment support. This individual is required to exercise considerable independent judgment in administering and managing complex funding processes. ESSENTIAL DUTIES AND RESPONSIBILITIES Operating and Capital budgets Oversees annual development of the Town's operating and capital budgets that align with the administration's vision and goals. Develops a comprehensive understanding of town-wide departmental objectives; contribute to planning for the best use of available resources to ensure that budgets support these objectives while ensuring continual focus on efficiency improvements. Works with support staff to ensure daily budget management and periodic forecasting and reporting is performed as required. Analyzes current financial performance against historical data and forecasts; Identifies trends and make recommendations for financial optimization. Grant Funding and Compliance Supervises the Grants Manager and will assist with researching, identifying, recommending, developing and tracking new program initiatives and corresponding funding sources. Ensures grant compliance requirements are met to ensure timely reimbursements and that the Town remains in good standing with federal and state funding agencies. Risk and Insurance Cost Management Oversees the financial aspects of the Town's insurance portfolio and assists with claims management and audits. Works with internal and external auditors and regulators to ensure appropriate risk management controls and systems and financial policies and practices are in place. Provides assistance in the areas of medical, other post-employment benefits (OPEB), and pension reporting to assist boards in their decision making. Financial Analysis and Reporting Assists Human Resources with negotiations for assigned bargaining units, including preparing cost-outs for proposals. Prepares highly complex and extensive financial, statistical and narrative reports, some of which may be confidential in nature. Assists with internal and external audit processes and preparation of required financial reports. Ensures compliance with regulatory requirements, including filing and reporting to the State or other agencies. Investment Support: As part of the Finance team, assumes responsibility for minimizing idle funds while adhering to investment policies and practices. Monitors investments, conducts comparative analysis and creates performance reports. Analyzes trends to reduce financial risks associated with investment or spending decisions. Perform related duties and responsibilities as required or assigned. The duties and job functions listed above are intended only as general illustrations of the various types of work that may be required to be performed. Specific statements of duties not included does not exclude them from the position if the work is similar, related, or a logical assignment to the position. Job descriptions are subject to change by the Town as the needs of the Town and requirements of the job change. KNOWLEDGE, SKILLS AND ABILITIES Ability to perform complex and highly sensitive labor-management and project work. Ability to deliver advanced data analysis of operational metrics. Ability to prepare financial presentations to assist decision makers in achieving strategic goals. Knowledge of policy and practice as relates to the organizational needs of the Town and with applicable federal and state laws, Town Charter, and Town ordinances. Ability to develop and manage a team committed to, and with highly developed competencies in, customer service, results orientation, and teamwork. Ability to evaluate performance and hold employees accountable, and to make recommendations for the hiring, promotion, disciplinary action, and termination of personnel. Ability to ensure compliance with labor agreements, department policies, and local, state and federal laws and regulations. Qualifications DESIRED QUALIFICATIONS, LICENSES and/or CERTIFICTIONS: Bachelor's Degree from an accredited college or university with major course work in Accounting, Finance or relevant field. Masters of Business Administration or Certified Public Accountant ( preferred ). Required: Experience in financial roles with advanced knowledge and experience with all phases of financial planning and management. Finance/accounting analysis and reporting experience. Experience applying knowledge of accounting and reporting; or financial planning. Leadership experience working with executive and senior management levels and leading or participating on cross-functional teams or initiatives. Strong quantitative and analytical skills. High intellect with good commercial acumen and a creative approach to problem solving. Strong analytical skills with ability to work with complex multi-faceted issues. Team player with proven team leadership and relationship skills. Strong project management experience; demonstrated ability to lead initiatives. Ability to perform successfully in a fast paced, rapidly changing environment and manage multiple priorities and assignments concurrently. Advanced MS Office skills and working knowledge of enterprise financial systems. Proficiency in Excel (macros, pivot tables). SCHEDULE Monday through Friday, 8:30am - 4:30pm PAY $145,000 Annually AFFILIATION FLSA exempt-managerial position THE TOWN OF FAIRFIELD IS AN EQUAL OPPORTUNITY EMPLOYER It is the policy of the Town of Fairfield to ensure equal employment opportunity for all employees and to prohibit unlawful discrimination because of race, color, religion, creed, age, marital status, national origin, gender, gender identity or expression, sexual orientation or physical or mental disability. The Town of Fairfield offers a complete benefit package including: paid vacation, holidays and sick; 401(a) retirement plan, medical including health, prescription, dental, life and vision, life insurance, Optional 457 plan. 01 Do you have a Masters, Bachelor's or Associates Degree in Accounting, Finance or related certification(s)? MASTERS DEGREE BACHELORS DEGREE ASSOCIATES DEGREE 02 How many years experience do you have in finance, accounting, budgeting, bookkeeping or related field? 03 How many years of Tyler MUNIS system experience do you have and which modules have you typically worked within that system? 04 Are you related to any current Town of Fairfield employees (ex., spouse, mother, father, son, daughter, sister, brother, mother-in-law, father-in-law, sister-in-law, brother-in-law, son-in-law, daughter-in-law, stepparent, stepchild, aunt, uncle, nephew, niece, grandparent, grandson, granddaughter or cousin)? If no, enter "No". If yes, please provide the relation to you. 05 Have you ever previously been employed by the Town of Fairfield? Is not, please put "N/A", but if so, please provide details to include dates, role(s) and supervisor(s). Required Question

Created: 2024-11-19