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Deputy Finance Director

LMNC
Full-time
Remote
United States
$137,000 - $172,000 USD yearly
Finance & Professional Services

Position Summary

To manage the League’s budgeting process and financial forecasting while serving as Deputy Director for the Finance Department. This role provides leadership support to the CFO and oversees key departmental operations, including payroll, accounts receivable, and accounts payable. The position works independently to perform specialized accounting and financial management functions, ensuring accurate financial planning and budgetary control. Responsibilities include preparing, analyzing, and monitoring budgets, conducting financial forecasts, and delivering strategic recommendations to promote fiscal responsibility and alignment with organizational goals.

Interviews are tentatively scheduled for:
First round interviews: April 16, 2026
Second interviews: April 23, 2026

Essential Job Duties

  • Provides effective leadership and oversight of the accounting function. 
  • Lead and guide the accounting team, ensuring adherence to policies, accuracy in reporting, and compliance with regulatory standards.
  • Functions as the CFO in the CFO’s absence and represents the Finance Department as needed.  
  • Provide direction and oversight of payroll process to ensure timely, accurate processing and compliance with tax and labor regulations.
  • Provide oversight of accounts receivable to ensure efficient invoicing, collections, and maintenance of healthy cash flow.
  • Provide oversight of accounts payable to ensure timely vendor payments, accurate expense processing, and proper reconciliation.
Budget
  • Develops and coordinates the preparation of the annual operating and capital budgets in collaboration with department managers.
  • With general direction from the CFO, developing and managing process for all League budgets, including League operating and capital budgets, LMCIT, Building Company, and 5-year capital plan.
  • Reviews budget proposals for accuracy, completeness, and compliance with organizational policies and strategic objectives.
  • Monitors departmental spending and ensures adherence to approved budgets.
  • Conducts cost-benefit analyses and financial modeling to support decision-making.
  • Prepares and presents periodic budget reports and variance analysis for senior leadership, Finance Committee, and Board of Directors.
  • Assists in forecasting future financial needs based on historical data and strategic initiatives.
  • Evaluates program effectiveness and recommends reallocation of resources when necessary.
  • Maintains and updates budgetary systems, spreadsheets, and financial databases.
  • Provides technical assistance and training to staff on budget procedures and tools.
  • Supports grant budgeting and reporting requirements, as applicable.
Audits
  • Responsible for overseeing and managing the League audit, which includes preparing the audit report and related work papers, as well as responding to auditor inquiries. Also tasked with staying current on new Government Accounting Standards Board (GASB) pronouncements and generally accepted accounting standards and ensuring their proper implementation.
Other
  • Performs ad hoc financial analysis and special projects as assigned.
  • Serves as a liaison, with a focus on customer service, to staff in other areas of the organization on financial issues.
  • Monitors and evaluates emerging developments in financial management and accounting standards, including GASB pronouncements and insurance industry financial reporting. Assesses potential impacts on the League and LMCIT, and proactively communicates timely, informative updates to finance staff. Leads the implementation of new rules and standards as appropriate, ensuring compliance and operational alignment.
  • May attend LMC Leadership team meetings, contributing ideas and information on behalf of the Finance Department.
Provide effective leadership and supervision to direct reports including: 
  • Leads, supervises and develops staff in a manner that inspires professionalism, strong inter- and intradepartmental communication, team building and alignment with League values.  
  • Motivates, develops and encourages staff in a collaborative and compelling manner to support the League and its objectives; demonstrates inspirational leadership, promotes collaboration at all levels and empowers staff to be innovative decision-makers.
  • Fosters an environment of continuous learning and improvement.
  • Provides effective management by appropriate supervision, delegation, coaching, and training.
  • Participates in professional organizations and implements best practices where appropriate.
  • Plans and executes day-to-day objectives establishing priorities in work assignments while balancing workload distribution and internal and external customer service needs.
  • Sets measurable goals and expectations for staff.
  • Monitors performance and provides feedback through formal and informal performance management in a timely fashion.
  • Manages budgets and resources in a cost-effective manner and demonstrates an ability to be creative in maximizing available resources.
  • Consistently demonstrates League Competencies for all employees and supervisors. 



 

Core qualifications & Desirables

  • Education and experience equivalent to a bachelor’s degree in accounting, finance, or a related field.
  • At least six years of progressively responsible experience in governmental fund accounting, budgeting, investments, and GASB standards, at least five years at a professional/exempt level.
  • Minimum of three years of experience supervising staff in a finance, accounting, or business operations, including conducting performance evaluations, providing coaching, and supporting employee development.
  • Experience leading the development, implementation, and management of public-sector operating and capital budgets, including coordination with department heads, senior management, and boards, committees, or councils.
  • Demonstrated experience monitoring ongoing budget performance to ensure fiscal balance, and recommending adjustments when needed.
  • Strong financial analysis skills, including the ability to evaluate trends, and develop scenario analyses to support strategic decision-making.
  • Experience managing cash flow and liquidity to ensure adequate resources are available for operations.
  • Experience working with and presenting information to boards or council.
  • Experience providing supervision, leadership, or work direction to staff.
  • Proficiency in financial, spreadsheet and graphics software, windows-based word processing, e-mail, Internet and presentation software.  
  • Strong analytical and problem-solving skills including ability to analyze, interpret and report financial data.
  • Knowledge of GAAP and budgeting principles.
  • Ability to manage multiple priorities and meet deadlines.
Desirable Qualifications
  • Master’s degree (MBA or MPA) Public sector experience preferred.
  • Knowledge of and work experience in the legislative process.
  • Work experience with insurance industry actuarial, reserving, and investment practices.
  • Familiarity with Minnesota laws and practices affecting local government operations.
  • Experience with Pooling/Insurance laws and practices.
  • Familiarity with Microsoft Dynamics AX, D365, or similar ERP systems.
  • Experience implementing financial IT systems.
  • Understanding of grant compliance.
  • Advanced Excel skills including pivot tables, macros, and data visualization.
  • Certified Public Accountant.

Examples of Performance Criteria

  • Contributes to an atmosphere of outstanding customer service and teamwork to all external and internal customers by providing quick and accurate responses and maintaining a helpful, friendly and positive demeanor.
  • Demonstrates ability to communicate professionally and effectively, verbally and in writing, and can effectively present accounting and budgeting topics to people with a limited understanding in these areas.
  • Produces timely and accurate budget reports and forecasts.
  • Identifies and explains budget variances with clarity and actionable insights.
  • Demonstrates strong analytical skills and attention to detail.
  • Fosters an open and trusting environment that encourages innovation and diversity of ideas.
  • Collaborates effectively with internal departments and external partners.
  • Maintains compliance with financial regulations and internal controls.
  • Contributes to continuous improvement of budgeting processes and tools.
  • Seeks out and attends appropriate continuing education, programs, conferences, seminars or other relevant materials to keep abreast of developments and trends in the industry.
  • Meets or exceeds League Empowerment and Performance Program (LEAPP) results/timelines and other department performance measures.
  • Promotes diversity and inclusion objectives, including race equity objectives, defined by the League and continually examines own performance to eliminate implicit bias in carrying out duties and interacting with the public, coworkers, and members.