Job Overview:
We are seeking a highly skilled and experienced Director of Finance to join our team. The ideal candidate will oversee all financial aspects of our organization and play a crucial role in driving the company's financial strategy. Responsible for overseeing the entire spectrum of the Districts’ accounting, investment, billing, and financial reporting activities, including supervision of the office staff. Work involves investment and oversight of District monies, the preparation and filing of liens and releases, and the preparation of detailed financial reports and statements for the Districts’ Board of Trustees and Superintendent. Work is carried out under the general supervision of the District Superintendent subject to review through regular audits and results achieved.
ESSENTIAL JOB FUNCTIONS:
¨ Supervises and assists in all accounting operations including customer billing, collections, accounts payable, accounts receivable, payroll, and employee benefits.
¨ Prepares monthly financial reports for the Trustees and completes a year-end report for review by auditors. Gathers financial information to assist in the budget process for the Trustees and General Manager. Works with outside auditors in the preparation of year-end statements. Ensures compliance with relevant financial regulations, including those specific to public utilities in Maine and any federal regulations governing water utilities.
¨ Provides oversight with the collection of customer payments, time payment arrangements, and meets with District customers who have questions or complaints about District services relative to billing and collection. Prepares notices of lien claims and demands, certificates of lien for the State of Maine, mortgage holder notifications of liens placed and lien releases. Establishes payment schedules within district guidelines for delinquent customers. Identifies and mitigates financial risks, such as changes in interest rates, inflation, or regulatory requirements.
¨ Maintains general ledger, analyzes rate structures, prepares monthly statements of cash flows, prepares monthly and yearly reconciliations. Compiles all pertinent information and prepares and submits all necessary monthly, quarterly, and annual reports for federal, state, bonding, and other agencies. Develops and implements strategies for capital projects and rate adjustments to maintain infrastructure and cover operational costs.
¨ Supervises job costing/final bills on all District projects on information provided from various staff members. Maintains main extension advances and returns as necessary, with a project cost report development cost report.
¨ Interviews prospective employees and recommends selection. Develops and conducts employee evaluations. Participates in development of personnel policy statements. Selects, schedules, evaluates, and provides training and development of assigned personnel.
¨ Attends Board meetings to present financial reports, and to respond to inquiries related to District financial operations and activities. Responsible for preparation and delivery of monthly Board of Trustees meeting materials. Effectively communicates financial information to stakeholders, including the utility's board of directors, regulatory agencies, and the public. Collaborates with other departments to align financial goals with operational objectives.
¨ Invests and transfers funds and ensures that Districts have sufficient operating funds and cash flow to meet operating, maintenance, and capital project requirements. Performs financial forecasting and other related functions in support of the short- and long-range planning process. Presents forecast to District management and Trustees. Confers with legal counsel as authorized in performance of assigned treasurer responsibilities.
¨ Responsible for long range capital planning and setting of rates in conjunction with the Superintendent.
¨ Maintains regular, predictable and reliable attendance. Follows all District policies. Maintains excellent communication and fosters a collaborative working environment with all departments as well as with the public. Places an emphasis on safety, efficiency, quality, and productivity.
¨ Performs all related work as required, including implementing and monitoring internal controls to safeguard assets and ensure the accuracy of financial records. Coordinates external audits and responds to audit findings as needed. Conducts financial analysis to support decision-making and legal compliance.
SUPERVISORY RESPONSIBILITY:
Provides oversight and general supervision for the following positions Director of Customer and Technical Services, Accounts Payable Clerk, Collections Clerk, Payroll HR Clerk, Meter Forman
EDUCATION & EXPERIENCE:
Bachelor’s degree in finance, accounting, business administration or a related field with a minimum of 5 years’ experience in office management, employee supervision, and general public finances. Certified Public Accountant (CPA) with familiarity with Maine Public Utilities Commission requirements is preferred.
Responsibilities:
- Develop and implement financial policies, procedures, and controls
- Provide strategic financial guidance to senior management
- Ensure compliance with regulatory requirements and reporting
- Manage risk through analysis and mitigation strategies
- Lead financial forecasting, budgeting, and planning processes
- Supervise financial management activities, including revenue and cost accounting
- Oversee corporate accounting functions and financial reporting
- Optimize revenue management strategies
Skills:
The ideal candidate should possess the following skills:
- Strong financial acumen
- Proficiency in regulatory reporting
- Expertise in risk management practices
- Ability to forecast financial trends accurately
- Sound financial management skills
- Knowledge of compliance management standards
- Experience in revenue management techniques
- Proficient in corporate, cost, and financial accounting principles
If you are a dynamic finance professional with a proven track record of success in managing complex financial operations, we invite you to apply for this challenging and rewarding position.
Job Types: Full-time, Part-time
Pay: From $87,713.00 per year
Expected hours: 40 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience level:
Schedule:
- 8 hour shift
- Monday to Friday
- No weekends
Experience:
- Accounting: 5 years (Preferred)
License/Certification:
Ability to Commute:
- Auburn, ME 04210 (Required)
Ability to Relocate:
- Auburn, ME 04210: Relocate before starting work (Required)
Work Location: In person