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Job Description:Financial Manager II
Purpose:
Under minimal direction, responsible for management and operations of organization's financial activities and staff for a medium-sized enterprise or function or multiple small functions with varied span of control.
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 - Supervisor 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, principles 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
- 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
Minimum Qualifications:
- 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 and Certifications Required:
Preferred Qualifications:- Experience leading financial teams such as accounting, budgeting, purchasing, financial forecasting, and financial analysis functions to successful outcomes.
- Experience preparing and making presentations to City Council, citizens, Boards and Commissions, City Management, and executive leadership teams.
- Extensive experience with data analytics and reporting using software such as Microsoft Power BI and MicroStrategy.
- Master's degree in Finance, Accounting, a Business-related field, or CPA certification.
Notes to Candidate:The Development Services Department (DSD) assists homeowners, business owners, and contractors when they build, demolish, remodel or perform any type of construction to ensure compliance with applicable city and building codes.
Position Overview:
DSD is seeking a dynamic and experienced financial manager to oversee its biennial financial forecast and budget development process.
This position will also monitor current year spending, perform financial analyses requested by management, and present budget information
to both internal and external stakeholders.
Location: 6310 Wilhelmina Delco Drive, Austin, TX 78252
Work Schedule: Monday - Friday 8:00 am to 5:00 pm
Salary Range: $91,080 - $117,000 per year (Effective 10-1-25).
Employment Application:The City of Austin Employment Application is an official document; incomplete applications will not be considered. A detailed, complete employment application is required.
- Please be sure to detail on the application all relevant employment to be considered as part of your qualifications.
- This detailed application will be evaluated for the qualifications and will be used to establish base pay if you are selected for this position. Be sure to provide job titles, number of employees supervised and employment dates for all jobs you wish to be considered. Describe your specific experience for each position including all job duties and responsibilities.
Post Interview Verification:- If you are selected as the top candidate for a position, DSD-HR will contact the current and former employer, as well as the professional references listed in the application. Please ensure the contact information on the application is accurate.
- Top candidates will also be required to provide proof of education from an accredited organization, copies of any professional licenses or certificates listed on the application and a copy of your DD-214 if claiming veteran’s preference.
Assessment(s): Candidates selected for interview may undergo a skill/competency-based assessment(s).
Critical Employee: Critical employees are considered necessary and vital and support activities that impact City or department operations. This work can be done while at a designated work site or while working at an alternate work location. Critical employees who are able to work at an alternative work location are required to do so. Schedules may be modified, and employees may be reassigned to another area during extraordinary situations or emergency conditions to provide essential services.
Important Note to Applicants:Please be aware that the Job Posting Close Date reflects the
final day to apply, but the posting will
close at 11:59 PM the day before the date listed. All application steps, including attachments and submission, must be fully completed before that time.
We also recommend that you
save or print a copy of the job posting for your records. Once a posting has closed, it will no longer be viewable in the system.
EEO Statement for City of Austin:
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.
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.
Closing Date/Time: 2025-10-03