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Director of Finance

Company: Government Finance Officers of Connecticut
Location: Hartford
Posted on: March 19, 2023

Job Description:


CITY OF HARTFORD, CONNECTICUT (124,893) Director of Finance. Connecticut's capital city is seeking a highly qualified and dynamic Director to lead the department and build a strong team of committed professionals. The Department of Finance is responsible for all financial transactions in conjunction with the City's Fiscal Year 2013-14 General Fund Budget of $538.8 million, which includes school funding of $284 million. The City also has adopted FY 2013-14 CIP budget is $141 million; $107 million after reimbursements, with an expected gross expenditure of $729 million and $473 million net expenditure through Fiscal Year 2018 after reimbursements from various state programs and federal and state grants. The City of Hartford's bonds rating is 'A1' according to Moody's, and 'A' by Standard and Poor's. The Department operates with an annual budget of $3.1 million and a staff of 44 full time employees who are responsible for planning, organizing and directing long and short range strategic financial planning, revenue collection, employee benefits, investment monitoring and performance, financial accounting and reporting, purchasing, debt management and audit compliance.

Qualifying candidates must possess a master's degree in business or public administration, accounting or finance and ten years of increasingly responsible administrative experience in all phases of financial management for a municipal or public body. A thorough knowledge of Government Accounting Standards Board (GASB) guidelines and Generally Accepted Accounting Principles (GAAP) related to public sector financial management, and Government Finance Officers Association (GFOA) recommended practices and regulatory reporting requirements are important. Candidates should also possess knowledge of audit requirements and practices and have a comprehensive knowledge of general laws, administrative policies, principles and practices governing municipal financial practices and procedures. In addition, knowledge of governmental accounting; the principles and practices of a municipal purchasing system, the practices methods and laws relating to municipal bond financing, and State and City Codes and ordinances is required. The successful candidate will be adept at working in a change oriented, complex and fast paced environment and will possess proven financial management, strategic planning, budgeting and leadership skills with the demonstrated ability to build a strong and focused team of finance professionals. The candidate shall have demonstrated ability to provide strong and effective leadership and vision to department staff and interact effectively with citizens, the Mayor, City Council, Chief Operating Officer and the City's department directors. The candidate is expected to be a problem solver who is focused on positive outcomes.

The City offers a salary which is competitive in the region and is negotiable based on the chosen candidate's qualifications and experience. Also available is an excellent benefits package. Residency within the City is required within a defined period of time. The position is open until filled; however, candidates who submit a cover letter, r--sum-- and salary history along with at least five (5) professional references no later than June 15, 2014, will receive primary consideration. Please send application materials to:

John A. Anzivino
Springsted Incorporated
1564 East Parham Road
Richmond, VA 23228
Fax: (804) 726-9752
E-Mail: richmond@springsted.com.

For a complete profile of the position please visit: www.springsted.com .

The City of Hartford, Connecticut is an Equal Opportunity Employer.

Keywords: Government Finance Officers of Connecticut, Hartford , Director of Finance, Accounting, Auditing , Hartford, Connecticut

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