Financial Manager II

Minimum Qualifications
Education and/or Equivalent Experience:

• Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics plus five (5) years of experience in a finance related field, two (2) years of which include management experience.
• Additionally, experience must include one year of accounting. Up to twelve (12) hours of accounting coursework may substitute for accounting experience.
• A Master’s in Finance, Accounting, or Business related field or a CPA certification may substitute for two (2) years of experience requirement.

Licenses or Certifications:

• None

Notes to Applicants
Working with Austin Water provides a number of benefits including medical, paid leave time, a great retirement plan, training opportunities and more! Click HERE for more information.

When completing the City of Austin employment application:

• Please be sure to detail on the application all previous employment that you wish to be considered as part of your qualifications.
• A detailed, complete employment application is required. It helps us to better evaluate your qualifications and will be used to determine salary if you are selected for this position. Be sure to provide job title and employment dates for all jobs you wish to be considered.
• A resume is required, but will not substitute for a complete employment application. Incomplete applications will not be considered. Please include contact information from previous employers.

If you are selected as a top candidate:

• Verification of your education (which may include high school graduation or GED , undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution and proof of your professional licenses or certifications.
• If you are in the military or a veteran, you will need to provide a copy of your DD-214 prior to confirming a start date.
• A criminal background investigation is required.

Secondary Employment:

• All Austin Water employees are prohibited from accepting or engaging in any secondary employment that might conflict or interfere with an employee’s duty and responsibility to the Department.
• Austin Water must review all secondary employment.
• Employees are required to submit a Secondary Employment Application for review and approval upon being hired with Austin Water, as well as current Austin Water employees considering secondary employment.

Effective October 1, 2014, all Austin Water worksite locations are tobacco-free. Use of tobacco products and/or e-cigarettes is not permitted on any AW worksite - including construction sites, parking lot, garage or in any personal vehicle located on the premises.
Pay Range
$41.70 - $54.21

Hours
Monday - Friday,
8:00 a.m. - 5:00 p.m., flexible start time
50% hybrid or more due to business needs after initial training period
Job Close Date 09/16/2024 Type of Posting External Department Austin Water Utility Regular/Temporary Regular Grant Funded or Pooled Position Not Applicable Category Professional Location 625 E. 10th St., Austin, TX 78701 Preferred Qualifications
Preferred Experience:

• Strategic business planning and performance measure management experiences
• Budget development, monitoring, and reporting experiences
• General accounting, financial statement, and financial reporting experiences
• Financial forecast modeling and development experiences
• Cost of service study, utility rate review, and utility rate case experiences

Duties, Functions and Responsibilities
Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

Properly accounts for and safe-guards the City’s cash and other assets for mid-sized enterprises or functions within a department. Provides general oversight over department’s accounting, budgeting, purchasing, accounts payable, accounts receivable, revenue, CIP , grants, fixed assets, inventory, and payroll functions. May provide oversight for non-financial areas. Guides financial decisions of the organization by preparing financial information for presentation and consideration by management. Manages the development of the budget for the organization, performs budget analysis, provides guidance and recommendations to management, monitors the budget by reviewing current year estimates and budget variance reports, and reviews historical and forecast budget information. Provides feedback and analysis of organization performance measures, goals, and objectives by compiling relevant financial, business, service and operational information, identifying and evaluating trends, and recommending corrective actions. Reviews financial and budget reports and performs financial analyses by managing compilation of appropriate information. Manages development of organization’s financial forecast; ensuring revenue, expenditure and debt service projections meet applicable financial policies, guidelines and benchmarks, such as requirements for debt service coverage and cash reserves. Manages the development of service rates, cost of service studies, and customer class rate proposals for Council. May manage requirements of a regulatory environment including rate proceedings, rate filing documentation, expert testimony development and delivery, litigation support, and settlement negotiations. May manage debt program including revenue bond planning and issuance, development and update of Bond Official Statements, rating agency presentation development, management of commercial paper programs, reconciliations of debt service schedules, and analysis of bond refinancing or defeasance opportunities. Manages the development of the capital budget, long-range plan and five-year plan. Prepares, reviews, and evaluates financial and accounting documents, reports, and statements and ensures that financial transactions are recorded promptly and properly. Ensure financial staff are appropriately trained on the City’s systems of record and on citywide policies and procedures.

Responsibilities- Supervision and/or Leadership Exercised:

• Responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal. May provide leadership, work assignments, evaluation, training and guidance to others.

Knowledge, Skills and Abilities
Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

• Knowledge of the processes and theories used for public budgetary and financial policies.
• Knowledge of accounting concepts, principals and practices
• Knowledge of financial reporting and internal control systems
• Knowledge of utility ratemaking and cost of service study methodology
• Knowledge of debt instruments, cash management and utility financing methods
• Knowledge of forecasting models; econometric studies, analysis and forecasting; and estimating methods and techniques
• Knowledge of cost benefits analysis, feasibility studies and net present value analysis methods
• Knowledge of enterprise budgeting, financial planning or accounting.
• Knowledge of preferred business practices * Knowledge of financial and budget systems and reporting
• Knowledge of leadership/supervisory/management best practices
• Skill in designing and maintaining complex spreadsheet and database models
• Skill in development of presentations
• Skill in effective oral and written communications
• Skill in analyzing and interpreting complex financial records
• Skill in determining need and compiling, analyzing and presenting financial information and data for management and Council use
• Ability to resolve problems or situations that require the exercising of good judgement
• Ability to prepare complex and accurate financial reports
• Ability to establish and maintain good working relationships with other City employees and the public

Criminal Background Investigation This position has been approved for a Criminal Background Investigation. EEO/ADA
City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.

The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual’s AIDS , AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.

Information For City Employees: If you are an employee within the department, are in good standing and meet both the minimum and preferred qualifications, then you will receive an initial interview.

Supplemental Questions

Required fields are indicated with an asterisk (*).
* This position requires graduation with a Bachelor's degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics plus five (5) years of experience in a finance related field, two (2) years of which include management experience. Additionally, experience must include one year of accounting. Up to twelve (12) hours of accounting coursework may substitute for accounting experience. A Master's in Finance, Accounting, or Business related field or a CPA certification may substitute for two (2) years of experience requirement. Do you meet these minimum qualifications?

• Yes
• No

* This position requires a criminal background check. By selecting the following, you are acknowledging that you understand if you are selected as a top candidate for this position, you will need a successful CBI to be hired.

• I acknowledge and understand this position requires a Criminal Background Check.

* Will you now or in the future require employer sponsorship for a work-related visa (e.g. H1B or other similar visa)?

• Yes
• No

* How many years of experience do you have leading people throughout your career?

• 0 - 2 years
• 3 - 4 years
• 5 - 6 years
• 7+ years

* How many years of experience do you have with strategic business planning and performance measure management?

• 0 - 2 years
• 3 - 4 years
• 5 - 6 years
• 7+ years

* How many years of experience do you have with budget development, monitoring, and reporting?

• 0 - 2 years
• 3 - 4 years
• 5 - 6 years
• 7+ years

* How many years of experience do you have in general accounting, financial statement, and financial reporting?

• 0 - 2 years
• 3 - 4 years
• 5 - 6 years
• 7+ years

* How many years of experience do you have in financial forecast modeling and development?

• 0 - 2 years
• 3 - 4 years
• 5 - 6 years
• 7+ years

* How many years of experience do you have in cost-of-service study, utility rate review, and utility rate cases?

• 0 - 2 years
• 3 - 4 years
• 5 - 6 years
• 7+ years

* Were you referred to this opportunity by an Austin Water employee? If yes, please provide employee’s full name.
(Open Ended Question)


Optional & Required Documents

Required Documents Resume Optional Documents

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