Financial Manager III

JOIN THE CITY OF AUSTIN TEAM

At the City of Austin we are more than just an employerwe are a vibrant community dedicated to shaping one of the nations most dynamic and innovative cities. As we strive to fulfill our commitment as public servants it is important that we ground our efforts in a set of guiding principles Empathy Ethics Excellence Engagement and Equity anchors in delivering services that significantly impact the lives of Austinites. Joining the City of Austin means embarking on a purposeful career contributing to the community and being part of a forward-thinking organization that values every employee.

What Makes the City of Austin Special

• Make a Difference: Join a team driving meaningful change in one of the fastest-growing cities in the nation.

• Value and Innovation : Work in an environment where employees are valued and innovation thrives.

• Competitive Benefits: Enjoy a comprehensive compensation package that includes generous leave work-life balance programs and extensive benefits.

• Retirement Security: Plan for the future with the City of Austin Employees Retirement System.

• Sustainable Transportation Options: Commute easily with access to public transit and bike-friendly infrastructure.

• Focus on Wellness: Stay healthy through wellness programs on-site fitness centers and mental health support.

• Career Growth: Advance your skills and expertise with professional development and leadership opportunities.

• Modern Workspaces: Work in innovative and sustainable environments that foster collaboration and inspiration.

By joining us you become part of a community that values its people and is committed to making Austin the most thriving and resilient city in the country.

Job Description:

Purpose:

Under minimal direction responsible for management and operations of organizations financial activities and staff for a large enterprise or function including either a broad span of control supervision of other financial managers or highly-complex specialized work.

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 Citys cash and other assets for large-sized enterprises or functions within a department.

• Provides general oversight for departments 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.

• Oversees and directs the development of the budget and business plan 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.

• Directs the development of organizations mid- and long-range 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.

• Oversees and directs development of service rates cost of service studies and customer class rate proposals for Council.

• Oversees and directs requirements of a regulatory environment including rate proceedings rate filing documentation expert testimony development and delivery litigation support and settlement negotiations.

• Oversees and directs 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.

• Oversees and directs 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.

• Ensures financial staff are appropriately trained on the Citys 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 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 using computers and related software applications

• 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 Bachelors degree from an accredited college or university with major course work in a field related to Finance Accounting or Economics plus six (6) 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 Masters in Finance Accounting or Business related field or a CPA certification may substitute for two (2) years of experience requirement

Licenses and Certifications Required:

None.

Preferred Qualifications:

• Experience with City of Austin or other government entities budget process including development presentation and monitoring for Operating and Capital Budgets.

• Experience overseeing financial services including annual budget preparation financial forecasting contract administration/writing purchasing and accounting.

• Experience working with presenting and/or communicating with executives division managers supervisors and project stakeholders.

• Experience responding to counsel requests to convey budgetary and financial information.

• Experience with City of Austin financial systems such as Advantage Financial eCOMBS eCAPRIS and EDIMS.

• Demonstrated success in working in a deadline driven environment while balancing multiple projects and changing priorities.

• Knowledge of the Transportation User Fee (TUF) and competency in administering monitoring and managing it.

• Knowledge of cost of service fees and alternative funding models

• Ability to travel to more than one work location.

Notes to Candidate:

Austin Transportation and Public Works (ATPW) is a highly reliable

organization that builds and maintains infrastructure for our community. Our vision is for Austin to be the model for safe reliable and sustainable transportation. We value safety unity reliability accountability integrity community and employee fulfillment.

The Financial Manager III is responsible for financial forecast development and presentation internal scheduling planning and production of all required budget documents performance measures data collection and reporting and internal budget to actual reporting throughout the fiscal year for Austin Transportation and Public Works. This position will prepare the quarterly budget to actual reports and develop Requests for Council Action (RCAs) for fiscal approval. The Financial Manager III frequently interacts with and presents complex financial information to Austin Transportation and Public Works executives Boards and Commissions City Staff and City Council. This position will oversee periodic analysis of data and develop reports for senior management; be responsible for providing financial and technical leadership for purchasing contracts and financial management for the department; provide recommendations for possible solutions for public-private and public-public agreements related to mobility partnerships; will oversee the departments inventory O&M forecast models based on infrastructure growth to provide financial planning and forecast information; review the financial impact of state regulatory changes to municipal transportation legislation.

Key Competencies:

• Achieves results Has the ability to achieve organizational goals and objectives.

• Planning Priorities Recognizes plans focuses upon and works towards what is most important or critical.

• Communicates Effectively Demonstrates the ability to convey and receive information and ideas in an open clear and articulate way with respect to cultural differences and others perspectives.

• Exercises Leadership: Uses appropriate judgement to handle critical problematic or a striking set of conditions with focus ownership and accountability.

• Thinks Strategically Enables others to better understand and implement the vision and strategy while being the aligned forward thinker; has the ability to formulate and communicate sound business strategy and implement it in a clear and consistent manner.

• Employment Development: Recognizes strengths and areas for improvement in others and provides opportunities guidance and encouragement to build skills and capacity.

• Community Collaborator Has experience in collaborating and presenting to internal and external stakeholders on projects and programs that might include public outreach council updates and program implementation.

Essential Employee:

This position is considered an Essential role and is essential to the operations of the City based on the preparation response and recovery phase of extraordinary situations or emergency conditions. As an employee that has been designated as Essential the expectation will be to work at a designated work site during declared extraordinary situations or emergency conditions to serve the community. Essential Employees during emergencies play a role in ensuring the public health safety and welfare of our community and ensuring City operations continue.

Pay Rate: $97450 - $125200

Hours: Monday - Friday 8:00am to 5:00pm.

Hours may vary depending on departmental needs and initiatives.

Work Location: 5202 E. Ben White Blvd. Suite 450 Austin TX 78741

Watch for the video linked below to learn more about Austin Transportation and Public Works and its role in the regions mobility landscape. for the City of Austin provides a number of health and welfare benefits such as low-cost medical dental vision paid leave time a highly competitive retirement plan career development opportunities and more. For more information on City of Austin Benefits click here!

Travel:

If you are selected for this position and meet the Driver Safety Standards in the City of Austin Driver Safety Program you may drive when necessary to multiple locations as part of your regular job duties. Otherwise you are responsible for getting to and from these locations.

A Cover Letter and Resume are required for this position. Please be sure to upload these documents for consideration.

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.

Applicant: READ THIS STATEMENT Regarding your Application:

A detailed and complete employment application is required to help us better evaluate your qualifications and will be used to determine salary if you are selected for this position. Please list your complete employment history (to include all job duties responsibilities and employment dates) on your online application. The application is an official document; incomplete applications will not be considered (e.g. see resume or see Linked In Profile). Resumes will not be used to qualify for the position and will not be used to recommend salary.

Close Job Posting:

Department may close the job posting at any time after 7 days.

90-Day Provision for Additional Vacancy: This posting may be used to fill other vacancies in other sections within the Division. Decisions on assigned section will be made at the time of hire based on business needs.

Office Location Notes: Office location is subject to change based on department needs and programs.

PLEASE NOTE: Austin Transportation and Public Works positions are not at 100% remote operation.

Video Conferencing Software Technology:

Austin Transportation and Public Works uses the communication platform Microsoft Teams to conduct virtual interviews.

A Cover Letter and Resume are required for this position. Please be sure to upload these documents for consideration.

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 addition the City will not discriminate in employment decisions on the basis of an individuals 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 or Texas Relay by dialing 7-1-1.