Director of Municipal Finance

Town of Nantucket Finance Department Municipal Finance Director The Town of Nantucket is seeking an experienced and strategic Municipal Finance Director to lead and oversee all financial operations. This is a senior leadership role responsible for long-range financial planning, budgeting, and capital strategy, ensuring the Town's fiscal sustainability. The Finance Director manages a full-service department (Accounting, Assessing, Treasury, Procurement, and Collections) and serves as a key advisor to the Town Manager, Select Board, and Finance Committee.

QUALIFICATIONS

Bachelor's degree in Finance, Accounting, Business, or Public Administration (Master's or CPA preferred). Minimum 7 years of municipal/government finance experience, including 3 years in a leadership role. Strong knowledge of Massachusetts municipal finance practices

COMPENSATION & BENEFITS

The Town of Nantucket offers a competitive salary commensurate with experience and a comprehensive benefits package including 90% employer-sponsored health insurance plan options and retirement pension.

Salary:

$161,720

• $222,404 per year The Town will make housing available for the selected candidate.

Housing is not included as a paid benefit; rent and associated costs are the responsibility of the employee.

STATEMENT OF DUTIES

The Director of Municipal Finance is responsible for the overall administration, coordination, and strategic direction of the Town's financial operations and financial condition. Under the general supervision of the Town Manager, the position oversees the Town's accounting, assessing, collections, procurement, and treasury functions; supports long range fiscal planning, budgeting, debt management, and financial reporting; and serves as a principal financial advisor to the Select Board, County Commissioners, Town Manager, Finance Committee, Capital Program Committee, Town departments, municipal staff, and the public. The position requires thorough knowledge of municipal finance principles and practices, including forecasting, short and long range planning, bond rating and debt structure, and the ability to build and maintain effective working relationships.

SUPERVISION REQUIRED

Works under the general supervision of the Town Manager. The position requires substantial independent judgment, initiative, and discretion in carrying out assigned responsibilities and managing complex municipal finance functions.

SUPERVISORY RESPONSIBILITY

Provides overall supervision to Finance Department staff, through direct oversight of the Deputy Finance Directors, including assigning, reviewing, and evaluating work; establishing performance expectations; supporting training and professional development; and addressing personnel matters in coordination with the Town Manager. Oversees departmental operations to ensure accuracy, timeliness, compliance, and alignment with Town goals.

CONFIDENTIALITY

This position has regular access to highly confidential financial, personnel, labor relations, legal, and executive level information. The employee is required to exercise sound judgment and maintain confidentiality in accordance with applicable law, professional standards, and Town policy. The position also administers appropriate user access and permissions within the MUNIS financial system.

ACCOUNTABILITY

Errors, missed deadlines, or poor judgment may result in adverse public perception, legal or regulatory consequences, financial loss, and disruption to municipal operations and strategic initiatives.

JUDGMENT

Work is performed in accordance with applicable statutes, regulations, established procedures, and general instructions, and may require interpretation in complex or changing circumstances. The position regularly requires independent judgment, discretion, and tact in responding to the public, advising Town leadership, and safeguarding confidential information.

COMPLEXITY

The work involves the practical application of a broad range of financial principles, practices, and specialized techniques within a professional discipline. Assignments typically involve evaluation and interpretation of factors, conditions or unusual circumstances; gathering, analyzing and evaluating facts or data using specialized fact-finding techniques; or determining the methods to accomplish the work as well as presenting information to the public.

WORK ENVIRONMENT

Normally works under standard office practices, policies and conditions. Work environment may be disruptive. Interruptions at work are frequent. The workday may frequently be greater than eight (8) hours. Daily schedule may vary to accommodate department operations. Work outside of the standard work week and outside of the typical daily schedule may be necessary to accommodate emergencies or other atypical situations.

NATURE AND PURPOSE OF PUBLIC CONTACT

The position involves frequent interaction with co-workers, elected and appointed officials, board and committee members, department heads, employees, service recipients, and the public. Contacts often require explanation, discussion, or interpretation of financial practices, procedures, regulations, and guidelines, as well as diplomacy, tact, and sound judgment in responding to requests for information and resolving operational issues.

OCCUPATIONAL RISK

: Duties of the job present little potential for injury to the employee. Risk exposure is similar to that found in a municipal office setting. Essential duties/ responsibilities/ functions

ESSENTIAL DUTIES/RESPONSIBILITIES/FUNCTIONS

The essential functions or duties listed below are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. Executive Leadership and Strategic Financial Management Serve as the Town's chief financial strategist, leading the development and execution of long-range financial plans that ensure fiscal sustainability. Develop forward-looking financial strategies that align municipal resources with short-term (3-5 year) and long-term (5-10 year+) service, infrastructure, and community goals. Advise the Town Manager, Select Board, Finance Committee, and other governing bodies on financial strategy, risks, and opportunities. Provide leadership in aligning financial decision-making with the Town's overall strategic plan and policy priorities. Direct and oversee all Finance Department operations, ensuring high performance, accountability, and continuous improvement. Long-Range Financial Planning and Budget Strategy Lead the preparation and integration of annual, capital, and multi-year financial plans into a comprehensive, strategic budgeting framework. Develop multi-year revenue and expenditure forecasts to guide policy decisions and long-term planning. Identify emerging financial trends, risks, and opportunities; recommend proactive strategies to maintain structural balance. Ensure that budget development supports long-term financial health rather than short-term solutions. Analyze and communicate financial data to support informed, strategic decision-making across all levels of government. Capital Planning Lead the development and execution of a long-term capital improvement program aligned with community priorities and financial capacity. Establish sustainable funding strategies for capital investments, including forecasting, prioritization, and lifecycle costing. Implement policies and systems for long-term asset management, including maintenance, replacement, and retirement planning. Collaborate with departments and stakeholders to ensure capital planning reflects future service demands and growth. Fiscal Policy, Innovation, and Organizational Strategy Develop and implement financial policies and management systems that promote long-term fiscal stability and resilience. Drive innovation through the use of financial modeling, forecasting tools, and data analytics to support strategic planning. Evaluate financial practices and recommend improvements that enhance efficiency, transparency, and long-term outcomes. Ensure financial strategies are adaptable to changing economic conditions and evolving municipal needs. Financial Operations, Analysis, and Reporting Oversee the preparation of monthly, quarterly, and annual financial reports, ensuring accuracy, transparency, and strategic relevance. Monitor financial performance against budgets and forecasts; identify variances and recommend corrective actions. Analyze, interpret, and present financial operating results to leadership, departments, and stakeholders. Support labor negotiations through financial analysis and costing of collective bargaining agreements. Oversee investment of Town funds, cash flow management, and liquidity planning to support both operational and long-term needs. Develop and manage debt strategies, including issuance, repayment, and monitoring of borrowing trends and costs. Ensure financial resources are managed to balance current obligations with future liabilities. Compliance, Risk Management, and Internal Controls Ensure compliance with all applicable laws, regulations, and financial reporting standards. Direct the annual audit process and serve as liaison with external auditors. Establish and maintain robust internal controls to safeguard public funds and ensure accountability. Conduct internal reviews and performance audits to strengthen financial oversight and risk management practices. Communication, Transparency, and Public Engagement Clearly communicate complex financial information to elected officials, stakeholders, and the public to support transparent governance. Provide expert financial guidance and technical assistance to boards, committees, and departments. Present financial plans, policies, and results in public forums, fostering trust and informed community engagement. Organizational Leadership and Coordination Supervise, mentor, and evaluate Finance Department staff; promote professional development and organizational excellence. Coordinate financial activities across departments, enterprise operations, and external partners. Serve as liaison to key committees and support financial operations of related entities, including schools and enterprise funds. Perform all other related duties as required to advance the Town's financial integrity, strategic objectives, and long-term sustainability. Required minimum qualifications

EDUCATION AND EXPERIENCE

Bachelor's degree in Finance, Accounting, Business Administration, or Public Administration required; a Master's degree (MBA or MPA) or CPA designation highly preferred. A minimum of seven (7) years of progressively responsible experience in municipal or governmental finance is required, including at least three (3) years in a senior supervisory capacity. Qualifying experience must include work in at least two of the following areas: budgeting, auditing, management analysis, economics, or performance management. The successful candidate will possess extensive experience in financial operations, including knowledge of Commonwealth of Massachusetts accounting practices, treasury and cash management, collections, management information systems, purchasing, and payroll.

SPECIAL REQUIREMENTS

Must possess a valid Massachusetts driver's license. Professional certifications such as MCPPO or an equivalent Massachusetts public procurement certification are strongly preferred. Familiarity with public construction procurement, including M.G.L. c. 30B, c. 149, and c. 30, is highly desirable. Demonstrated experience in capital planning and capital program management is required. Experience in, or working closely with, an Owner's Project Manager role is preferred. Project management experience, including proficiency with financial and project management systems and software, is expected. UMass certification, or the ability to obtain it within eighteen months, is preferred.

KNOWLEDGE, ABILITIES AND SKILLS

Knowledge:

Thorough working knowledge of Massachusetts municipal finance, accounting, budgeting, procurement, and related state and local laws, bylaws, rules, and regulations. Knowledge of contract documents, invitations for bids, requests for qualifications, requests for proposals, and construction plans. Familiarity with project management software and general management principles and practices. Understanding of asset management principles and practices, including asset verification, valuation, performance measurement, and analysis.

Abilities :

Demonstrated ability to interact effectively and professionally with the public, elected officials, and staff, while maintaining strict confidentiality. Proven ability to manage multiple priorities, meet deadlines, and produce detailed and accurate work. Strong communication skills and sound business judgment are required. Ability to oversee and evaluate complex financial and operational processes. Ability to ensure timely and accurate processing of financial transactions, including the receipt and reconciliation of payments.

Skills:

Strong written and verbal communication, leadership, and presentation skills. Ability to learn new information quickly and present sound recommendations to decision makers. Proficiency with general office equipment, spreadsheet applications, databases, and automated financial systems is required. MUNIS proficiency is highly desirable. Familiarity with cybersecurity risks and information security practices is expected.

PHYSICAL REQUIREMENTS

PHYSICAL

REQUIREMENTS

The essential functions of this position are performed primarily in an office environment. The work is largely administrative, analytical, and supervisory in nature and requires the ability to communicate effectively; operate a computer, telephone, and standard office equipment; and review and prepare detailed financial and administrative records in paper and electronic form, with or without reasonable accommodation. The position may also require occasional standing, walking, bending, reaching, filing, and transporting light office materials, as well as attendance at meetings in other municipal buildings or locations. Reasonable accommodations may be made to enable a qualified individual to perform the essential functions of the position. Director of Municipal Finance Town & County of Nantucket Nantucket, MA 02554 $161,720

• $222,404 a year
• Full-time $161,720
• $222,404 a year
• Full-time Town of Nantucket Finance Department Municipal Finance Director The Town of Nantucket is seeking an experienced and strategic Municipal Finance Director to lead and oversee all financial operations.

This is a senior leadership role responsible for long-range financial planning, budgeting, and capital strategy, ensuring the Town's fiscal sustainability. The Finance Director manages a full-service department (Accounting, Assessing, Treasury, Procurement, and Collections) and serves as a key advisor to the Town Manager, Select Board, and Finance Committee.

QUALIFICATIONS

Bachelor's degree in Finance, Accounting, Business, or Public Administration (Master's or CPA preferred). Minimum 7 years of municipal/government finance experience, including 3 years in a leadership role. Strong knowledge of Massachusetts municipal finance practices

COMPENSATION & BENEFITS

The Town of Nantucket offers a competitive salary commensurate with experience and a comprehensive benefits package including 90% employer-sponsored health insurance plan options and retirement pension.

Salary:

$161,720

• $222,404 per year The Town will make housing available for the selected candidate.

Housing is not included as a paid benefit; rent and associated costs are the responsibility of the employee.

STATEMENT OF DUTIES

The Director of Municipal Finance is responsible for the overall administration, coordination, and strategic direction of the Town's financial operations and financial condition. Under the general supervision of the Town Manager, the position oversees the Town's accounting, assessing, collections, procurement, and treasury functions; supports long range fiscal planning, budgeting, debt management, and financial reporting; and serves as a principal financial advisor to the Select Board, County Commissioners, Town Manager, Finance Committee, Capital Program Committee, Town departments, municipal staff, and the public. The position requires thorough knowledge of municipal finance principles and practices, including forecasting, short and long range planning, bond rating and debt structure, and the ability to build and maintain effective working relationships.

SUPERVISION REQUIRED

Works under the general supervision of the Town Manager. The position requires substantial independent judgment, initiative, and discretion in carrying out assigned responsibilities and managing complex municipal finance functions.

SUPERVISORY RESPONSIBILITY

Provides overall supervision to Finance Department staff, through direct oversight of the Deputy Finance Directors, including assigning, reviewing, and evaluating work; establishing performance expectations; supporting training and professional development; and addressing personnel matters in coordination with the Town Manager. Oversees departmental operations to ensure accuracy, timeliness, compliance, and alignment with Town goals.

CONFIDENTIALITY

This position has regular access to highly confidential financial, personnel, labor relations, legal, and executive level information. The employee is required to exercise sound judgment and maintain confidentiality in accordance with applicable law, professional standards, and Town policy. The position also administers appropriate user access and permissions within the MUNIS financial system.

ACCOUNTABILITY

Errors, missed deadlines, or poor judgment may result in adverse public perception, legal or regulatory consequences, financial loss, and disruption to municipal operations and strategic initiatives.

JUDGMENT

Work is performed in accordance with applicable statutes, regulations, established procedures, and general instructions, and may require interpretation in complex or changing circumstances. The position regularly requires independent judgment, discretion, and tact in responding to the public, advising Town leadership, and safeguarding confidential information.

COMPLEXITY

The work involves the practical application of a broad range of financial principles, practices, and specialized techniques within a professional discipline. Assignments typically involve evaluation and interpretation of factors, conditions or unusual circumstances; gathering, analyzing and evaluating facts or data using specialized fact-finding techniques; or determining the methods to accomplish the work as well as presenting information to the public.

WORK ENVIRONMENT

Normally works under standard office practices, policies and conditions. Work environment may be disruptive. Interruptions at work are frequent. The workday may frequently be greater than eight (8) hours. Daily schedule may vary to accommodate department operations. Work outside of the standard work week and outside of the typical daily schedule may be necessary to accommodate emergencies or other atypical situations.

NATURE AND PURPOSE OF PUBLIC CONTACT

The position involves frequent interaction with co-workers, elected and appointed officials, board and committee members, department heads, employees, service recipients, and the public. Contacts often require explanation, discussion, or interpretation of financial practices, procedures, regulations, and guidelines, as well as diplomacy, tact, and sound judgment in responding to requests for information and resolving operational issues.

OCCUPATIONAL RISK

: Duties of the job present little potential for injury to the employee. Risk exposure is similar to that found in a municipal office setting. Essential duties/ responsibilities/ functions

ESSENTIAL DUTIES/RESPONSIBILITIES/FUNCTIONS

The essential functions or duties listed below are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. Executive Leadership and Strategic Financial Management Serve as the Town's chief financial strategist, leading the development and execution of long-range financial plans that ensure fiscal sustainability. Develop forward-looking financial strategies that align municipal resources with short-term (3-5 year) and long-term (5-10 year+) service, infrastructure, and community goals. Advise the Town Manager, Select Board, Finance Committee, and other governing bodies on financial strategy, risks, and opportunities. Provide leadership in aligning financial decision-making with the Town's overall strategic plan and policy priorities. Direct and oversee all Finance Department operations, ensuring high performance, accountability, and continuous improvement. Long-Range Financial Planning and Budget Strategy Lead the preparation and integration of annual, capital, and multi-year financial plans into a comprehensive, strategic budgeting framework. Develop multi-year revenue and expenditure forecasts to guide policy decisions and long-term planning. Identify emerging financial trends, risks, and opportunities; recommend proactive strategies to maintain structural balance. Ensure that budget development supports long-term financial health rather than short-term solutions. Analyze and communicate financial data to support informed, strategic decision-making across all levels of government. Capital Planning Lead the development and execution of a long-term capital improvement program aligned with community priorities and financial capacity. Establish sustainable funding strategies for capital investments, including forecasting, prioritization, and lifecycle costing. Implement policies and systems for long-term asset management, including maintenance, replacement, and retirement planning. Collaborate with departments and stakeholders to ensure capital planning reflects future service demands and growth. Fiscal Policy, Innovation, and Organizational Strategy Develop and implement financial policies and management systems that promote long-term fiscal stability and resilience. Drive innovation through the use of financial modeling, forecasting tools, and data analytics to support strategic planning. Evaluate financial practices and recommend improvements that enhance efficiency, transparency, and long-term outcomes. Ensure financial strategies are adaptable to changing economic conditions and evolving municipal needs. Financial Operations, Analysis, and Reporting Oversee the preparation of monthly, quarterly, and annual financial reports, ensuring accuracy, transparency, and strategic relevance. Monitor financial performance against budgets and forecasts; identify variances and recommend corrective actions. Analyze, interpret, and present financial operating results to leadership, departments, and stakeholders. Support labor negotiations through financial analysis and costing of collective bargaining agreements. Oversee investment of Town funds, cash flow management, and liquidity planning to support both operational and long-term needs. Develop and manage debt strategies, including issuance, repayment, and monitoring of borrowing trends and costs. Ensure financial resources are managed to balance current obligations with future liabilities. Compliance, Risk Management, and Internal Controls Ensure compliance with all applicable laws, regulations, and financial reporting standards. Direct the annual audit process and serve as liaison with external auditors. Establish and maintain robust internal controls to safeguard public funds and ensure accountability. Conduct internal reviews and performance audits to strengthen financial oversight and risk management practices. Communication, Transparency, and Public Engagement Clearly communicate complex financial information to elected officials, stakeholders, and the public to support transparent governance. Provide expert financial guidance and technical assistance to boards, committees, and departments. Present financial plans, policies, and results in public forums, fostering trust and informed community engagement. Organizational Leadership and Coordination Supervise, mentor, and evaluate Finance Department staff; promote professional development and organizational excellence. Coordinate financial activities across departments, enterprise operations, and external partners. Serve as liaison to key committees and support financial operations of related entities, including schools and enterprise funds. Perform all other related duties as required to advance the Town's financial integrity, strategic objectives, and long-term sustainability. Required minimum qualifications

EDUCATION AND EXPERIENCE

Bachelor's degree in Finance, Accounting, Business Administration, or Public Administration required; a Master's degree (MBA or MPA) or CPA designation highly preferred. A minimum of seven (7) years of progressively responsible experience in municipal or governmental finance is required, including at least three (3) years in a senior supervisory capacity. Qualifying experience must include work in at least two of the following areas: budgeting, auditing, management analysis, economics, or performance management. The successful candidate will possess extensive experience in financial operations, including knowledge of Commonwealth of Massachusetts accounting practices, treasury and cash management, collections, management information systems, purchasing, and payroll.

SPECIAL REQUIREMENTS

Must possess a valid Massachusetts driver's license. Professional certifications such as MCPPO or an equivalent Massachusetts public procurement certification are strongly preferred. Familiarity with public construction procurement, including M.G.L. c. 30B, c. 149, and c. 30, is highly desirable. Demonstrated experience in capital planning and capital program management is required. Experience in, or working closely with, an Owner's Project Manager role is preferred. Project management experience, including proficiency with financial and project management systems and software, is expected. UMass certification, or the ability to obtain it within eighteen months, is preferred.

KNOWLEDGE, ABILITIES AND SKILLS

Knowledge:

Thorough working knowledge of Massachusetts municipal finance, accounting, budgeting, procurement, and related state and local laws, bylaws, rules, and regulations. Knowledge of contract documents, invitations for bids, requests for qualifications, requests for proposals, and construction plans. Familiarity with project management software and general management principles and practices. Understanding of asset management principles and practices, including asset verification, valuation, performance measurement, and analysis.

Abilities :

Demonstrated ability to interact effectively and professionally with the public, elected officials, and staff, while maintaining strict confidentiality. Proven ability to manage multiple priorities, meet deadlines, and produce detailed and accurate work. Strong communication skills and sound business judgment are required. Ability to oversee and evaluate complex financial and operational processes. Ability to ensure timely and accurate processing of financial transactions, including the receipt and reconciliation of payments.

Skills:

Strong written and verbal communication, leadership, and presentation skills. Ability to learn new information quickly and present sound recommendations to decision makers. Proficiency with general office equipment, spreadsheet applications, databases, and automated financial systems is required. MUNIS proficiency is highly desirable. Familiarity with cybersecurity risks and information security practices is expected.

PHYSICAL REQUIREMENTS

PHYSICAL

REQUIREMENTS

The essential functions of this position are performed primarily in an office environment. The work is largely administrative, analytical, and supervisory in nature and requires the ability to communicate effectively; operate a computer, telephone, and standard office equipment; and review and prepare detailed financial and administrative records in paper and electronic form, with or without reasonable accommodation. The position may also require occasional standing, walking, bending, reaching, filing, and transporting light office materials, as well as attendance at meetings in other municipal buildings or locations. Reasonable accommodations may be made to enable a qualified individual to perform the essential functions of the position.