Financial Manager III

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 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 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
The Austin Transportation and Public Works Department ( TPW ) 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 Ill 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 the Austin Transportation and Public Works Department Department. This position will prepare the quarterly budget to actual reports and develop Requests for Council Action (RCA’s) for fiscal approval. The Financial Manager Ill frequently interacts with and presents complex financial information to Austin Transportation and Public Works Department 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 department’s 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.

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.

Watch the video linked below to learn more about Austin Transportation and Public Works and its role in the region’s mobility landscape.

Inside TPW : https://www.youtube.com/watch?v=wu4fqWGoH0E

Working for the City of Austin provides a number 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!

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.

Assessment:

This position may require a skills assessment.

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.

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

Video Conferencing Software Technology:

The Austin Transportation and Public Works Department uses the communication platform, Microsoft Teams, to conduct virtual interviews.
Pay Range
$45.22 - $58.78

Hours
Monday through Friday
8:00 a.m. - 5:00 p.m.

*Hours may vary depending on departmental needs and initiatives.

Job Close Date 12/23/2024 Type of Posting External Department Transportation & Public Works Regular/Temporary Regular Grant Funded or Pooled Position Not Applicable Category Professional Location 5202 E. Ben White Blvd, Austin, TX, 78741 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.
• Ability to travel to more than one work location.

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 large-sized enterprises or functions within a department. Provides general oversight for 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. 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 organization’s 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 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 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

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 (*).
* The minimum qualifications for the Financial Manager III position are: 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 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 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

* Briefly describe how you meet the minimum qualifications and educational requirements.
(Open Ended Question)
* This position requires a criminal background investigation (CBI). 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 Investigation.

* Do you have the ability to travel to multiple sites as part of the regular job duties?

• Yes
• No

* Please describe the types of budgets you have been responsible for including the size of the budget(s), the types of budgets(s) and your role in the development and oversight of the budget(s).
(Open Ended Question)
* All applicants applying for this job posting should submit a complete application; resumes submitted should mirror the completed application. Starting salary for the top candidate (s) will only be based on overall relevant experience from your employment application, not the resume or cover letter. Your application will be considered incomplete if your application and resume do not mirror and if your application states “see resume”. Do you understand these statements?

• Yes
• No

Optional & Required Documents

Required Documents Cover Letter Resume Optional Documents

• 

• City of Austin

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