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Description
The Town of Mount Olive is seeking an experienced and strategic Finance Director to lead
and manage all financial operations for the Town. This position performs complex
managerial and leadership work in planning, organizing, and executing the Town’s financial
activities. The Finance Director oversees budgeting, accounting, purchasing, payroll,
investments, and compliance with federal and state procurement laws, as well as
requirements from funding partners.
This role is responsible for ensuring fiscal integrity, transparency, and accountability while
providing expert guidance to Town leadership and departments. The Finance Director also
manages risk, leads the annual audit process, and prepares analytical financial reports to
support decision-making and long-range planning.
Key Responsibilities:
Financial Leadership & Management
- Direct and oversee all financial operations, including budgeting, accounting,
payroll, purchasing, and investments. - Ensure compliance with North Carolina General Statutes governing local
government finance and procurement. - Develop and implement financial policies, internal controls, and best
practices to safeguard Town assets.
Budgeting & Fiscal Planning
- Lead the annual budget development process, monitor and report on budget
performance. - Provide long-range financial planning and forecasting to support strategic
goals.
Accounting & Reporting
- Prepare and analyze financial statements, reports, and presentations for
Town leadership and elected officials. - Coordinate and manage the annual audit process; ensure timely and
accurate reporting.
Procurement & Compliance
- Oversee purchasing activities and ensure compliance with federal, state, and
local procurement laws. - Manage grant accounting and reporting requirements for federal and state
funding sources.
Risk Management & Internal Controls
- Identify and mitigate financial risks; maintain insurance and liability
coverage. - Ensure adherence to internal control procedures and regulatory
requirements.
Team Leadership
- Supervise and develop finance staff; foster a culture of accountability,
customer service, and continuous improvement. - Provide training and professional development opportunities to enhance
team performance.
Requirements
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or related field
(Master’s degree preferred). - Consideration may be given to candidates with equivalent experience in lieu of
degree. - Fidelity Bond of $1M.
Thorough knowledge of:
- NC General Statutes governing local government finance
- Principles and practices of public finance administration
- Governmental accounting, purchasing, payroll systems, and grant
compliance
Ability to:
- Conduct long-range fiscal planning and prepare analytical financial
statements - Manage complex financial operations and lead a high-performing team
- Communicate effectively with diverse stakeholders and elected officials
Preferred Experience:
- Minimum 5 years of progressively responsible experience in governmental finance
or public sector accounting. - Experience with ERP systems and municipal financial software.
- CPA or CGFO certification preferred but not required.
