Director of Finance & Accounting

Reading Municipal Light Department

Job Position Description

Job Title: Director of Finance & Accounting

Reports to: General Manager

Division: Executive

Group: Finance & Accounting

Job Grade: 55

Revision Date: 2022-08-30

Reviewed By:

Work Location: 230 Ash St Office

Union: Y N

FLSA: Exempt Non-exempt

Compensation Range: $140,000 to $180,000

This Position Description presents illustrative work activities usually encountered by personnel filling this position. It is not meant to list all possible work activities in all possible work conditions. It is also not meant to define specific limits on work activities that may be performed by any person holding this position. It is not intended to limit or in any way modify the right of management to assign, direct and control the work of employees under supervision. Position descriptions may occasionally be changed to allow the RMLD to better meet the needs of the customers, reflect applicable laws and regulations, or otherwise implement Commission policies. All non-bargaining unit RMLD workers are “employees at will.”

Job Summary:

The Director of Finance & Accounting is responsible for the leadership for all activities of the Division, under the direction of the General Manager and in accordance with the Board of Commissioner policies and votes. The Director is responsible for the training and management employees within the Finance & Accounting Division and timeliness and accuracy of the Division’s activities deliverables.

Essential work activities, pursuant to the Americans with Disabilities Act, may include the following:

Minimum Qualifications Education:

A minimum of a Bachelor's degree in Finance and Accounting or Business Management or related area as determined by the RMLD. Ideally with an MBA and CPA or related Degree.

Minimum 15 years of general accounting experience. A minimum of 5 years’ experience in municipality or utility accounting, project management, demonstrated management of a department of division, demonstrated financial and strategic planning, budget experience and year end closings. A successful track record in setting priorities; keen analytic, organization and problem solving skills which support and enable sound decision making.

Knowledge of management, finance and administration of a publicly owned electric utility. Knowledge of accounting practices and concepts. Superior skills in development and application of PC-based financial models and spreadsheets. Ability to interact effectively with the public, city leaders and boards. Skill in utilizing and interpreting financial data. Competency in economic and financial forecasting. Knowledge of RMLD’s billing and accounting software, budget and project management and utility accounting, DPU regulations and MGL Chapter 164 as well as purchasing and bidding laws. Strong oral, written and presentation skills. Well-developed computer skills and excellent knowledge of Microsoft software tools.

Ability to manage (directly and indirectly), strategize, and accept responsibility for a major divisional area including procedures, policies, and operations. Demonstrates initiative in ensuring continued process improvements in areas of job description duties to demonstrate better accuracy, productivity, safety, and customer service, is expected. Strong understanding of utility’s best practices enables predictive and preventative initiatives. Demonstrates capability for accepting responsibility when involved with internal and external customers. Proven financial strategic planning competence including holistic understanding and recommendations addressing the financial reports in the short and long term.

Ability to use a computer, telephone, standard office and communication equipment.

Ability to perform job functions under occasionally adverse weather and working conditions for extended periods of time. Moderate physical effort may be required on an intermittent basis.

Supervisory duties extend to direct and indirect reports as a co-effort with divisional supervisors in performance evaluation, training, hiring, and discipline with occasional direct review and comment on critical projects. Responsible for evaluating performance, training, hiring and disciplining of personnel. Maintains CDP’s for employees supervised.

Driver’s license valid in MA required.

Demonstrates ability to communicate ideas and directions to employees, customers, vendors and peers in a clear and concise manner. Demonstrates ability to be a team player. Demonstrates a positive attitude.

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