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The Chief Financial Officer (CFO) is a full-time position in the City of Canton. The immediate supervisor for this position is the Mayor. This position requires high levels of competency in areas such as strategic management, municipal budgeting, accounting, and financial management in general. In addition, this position makes various reports to the Board of Aldermen with respect to budgetary concerns. The CFO works regular hours most of the time, with some flexibility when the workload demands it. There is night work on a regular basis, usually to attend meetings. The position has accountability for monetary, fiscal, budgetary, and relevant legal issues; accordingly, a background check may be required.
Job Responsibility:
Manage the municipality's bank accounts
Prepare and implement the annual budget
Prepare monthly budget reports
Prepare and present budget amendments
Prepare and provide documents related to budget preparation and balanced budget
Assist the Mayor and governing authorities in preparation of the annual budget
Supervise and post maintenance of all books of original entry of all funds
Ensure compliance with all Mississippi laws with respect to Municipal Finance
Preparation of annual financial statements, annual debt statement, and supplemental debt statement
Coordination of Bank Reconciliations
Cash Management
Develop policies to ensure cash is secure and available
Analyze the flow of cash
Maintenance of Accounting Records as prescribed by the State Auditor, MAAG Accounting System, and GAAP
Knowledge of journals to record all receipts and checks
Provide the governing authorities a review of its operations and personnel
Preparation and compliance with Annual Audit procedures
Provide assessments of ad valorem taxes for budgetary revenues
Requirements:
Certificate or diploma issued after at least four years of study in a secondary school (or equivalent) in a related field (Accounting, Business Administration, or equivalent)
Four (4) years full-time experience strongly recommended
High levels of competency in strategic management, municipal budgeting, accounting, and financial management
Knowledgeable of Mississippi Code Sections dealing with Municipal Finance
Knowledge of receipt of federal funds and related federal single audits
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