FINANCE DIRECTOR/CITY TREASURER- Sherwood

ESSENTIAL DUTIES AND RESPONSIBILITIES • Manages all aspects of financial affairs, including payroll procedures, requisitions, etc. • Directs and coordinates preparation of the annual city budget and monitors expenditure by providing a monthly budget review to all departments. • Maintains compliance with Arkansas Municipal Accounting Law • Supervises finance department staff • Monitors City expenditures and revenues to ensure compliance with the adopted budget; prepares cash flow projections and budget reports as necessary. • Handles all treasurer duties according to Arkansas State Statute. • Assists departments in monitoring expenditures under grants and monitors grant compliance. • Reviews maintenance of the fixed asset and depreciation schedules. • Reviews and reports on financial projects that affect the city directlyor indirectly. • Assists in the management of investments of excess money after acquiring bids on interest rates and determining yield. • Provides full disclosure of the financial position of all funds,appropriations, and accounts of the City. • Responsible for providing data and ensuring completion of an annual audit of the city’s financials, the Wastewater Utility Audit and Single audit (as CITY OF SHERWOOD DIRECTOR OF FINANCE/TREASURER MAY 2025 necessary). • Works with an Independent Auditor to develop internal audit procedures. • Plans, organizes, and directs the City’s financial affairs including functions of accounting and reporting, finance administration, treasury management, debt management, and budget. • Serves as custodian of all the public monies, funds, notes, bonds, and other securities belonging to the City. • Directs the proper collection of all City revenues and makes all payments upon properly executed payment vouchers or authorization. • Assists other departments with purchasing upon request. • Directs the preparation of complete statements of receipts, payments, and cash financial position of the City as well as annual financial statements in conformity with generally accepted accounting principles and Government Finance Officers • Directs development and implementation of a sound debt structure to ensure a strong financial position for the City. • Involved in oversight of contract management and compliance for all Departments. • Advises Mayor regarding internal control systems; recommends new or revised fiscal policies and methods. • Recommends ordinances and resolutions and major operational adjustments as required to safeguard the validity and reliability of financial reporting systems. • Participates in long-range and short-range planning for City finances and impact on future City operations. • Monitors various state and federal legislative proposals, which may impact the City’s financial affairs. • Perform other duties as assigned and/or required.

Job posted for the employer by: Workforce Connections, Arkansas Department of Commerce.