Director of Finance

Paducah Water | Paducah, KY

Date Posted: 1/29/2025 4:59:01 PM

Description:

Duties and Responsibilities: The Director of Finance will administer, plan, organize, and evaluate the overall accounting and financial areas of Paducah Water. This will include oversight of annual budgets, accounts receivable, accounts payable, payroll, taxes, regulatory reporting, investment requirements, fixed assets, debt service, credit management, audit functions, and internal controls. The Director of Finance will be in responsible charge of all accounting activities, while maintaining and advising PW’s Board, General Manager, and Department Heads on policies and procedures in financial accounting and control.

The Director of Finance will:

• Develop and prepare the annual budget while monitoring the status of budget adherence across departments, manage cash flow and investment of funds, assist in planning long- and short-term capital purchases, oversee and develop rate structure to support the utility’s costs.
• Direct the preparation of monthly financial statements and other periodic reports to analyze the financial position of the utility, report on financial status to the board each month.
• Oversee the execution of the wage and salary program, employee benefits, overtime, paid leave, and all forms of direct and indirect compensation.
• Direct the utility’s fiscal function in accordance with generally accepted accounting principles issued by the Financial and Governmental Accounting Standards Boards and other regulatory and advisory organizations.
• Maintain a comprehensive, current knowledge of applicable laws/regulations, maintain an awareness of new trends and advances in the profession, maintain professional affiliations, and attend workshops and training sessions as appropriate.

Qualifications:

1. Valid driver’s license.
2. No licensure or certification necessary.
3. Bachelor’s degree in accounting, finance, or closely related field.
4. A minimum of seven years of relevant experience is required.
5. High-level competence with accounting software applications.
6. Extensive knowledge/experience in accounting, capital budgeting, cash control, and cost containment.
7. Knowledge in investment management and the regulatory/legal environment of municipal organizations is helpful.

Salary Information: $112,500 annually
Application Deadline: 02/15/2025

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Paducah Water
Public Utility
1800 North 8th Street
Paducah, KY 42001