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- Finance Manager
Description
Under the general direction of the Deputy City Administrator II, the Finance Manager supervises the City's financial operations, including accounting, payroll, and budgeting, and manages the Finance Department. This role also assists with the coordination of the City's investment policies and programs, leads the development, presentation, publication, implementation, and monitoring of the City's operating budget, and provides high-level, complex administrative support to the City Council.
1. Manages and coordinates the City’s financial operations including accounting, billing, purchasing, treasury, debt management, and required financial reporting.
2. Facilitates the preparation of municipal financial reports as required by state law or requested by City Council, City Administrator or Deputy City Administrators.
3. Advises and monitors the City’s budget and other financial reports; identifying trends or potential issues and communicating findings to the City Council, City Administrator, Deputy City Administrators, and directors.
4. Conducts monthly bank and account reconciliations and prepares variance analysis monthly for assigned revenue, expenditure accounts, and balance sheet accounts.
5. Manages the City’s revenue operations, including the collection of all City taxes, such as sales, ad valorem, and hotel occupancy taxes, and the invoicing and billing of fees in accordance with the City’s Fee Schedule and applicable agreements.
6. Coordinates with City departments to prepare and review revenue estimates, validate assumptions related to utility rates, consumption, fines, fees, and other revenue streams, and recommend adjustments to tax rates, fees, and charges for City services as appropriate.
7. Ensures accuracy, accountability, and timely collection of revenues; and coordinates the budget and financial operations of the City’s Tax Increment Reinvestment Zones (TIRZ).
8. Composes, prepares, reviews, and presents the proposed annual budget to the Mayor and City Council during workshops, committee, board, and commission meetings, and public hearings.
9. Supervises, trains, and evaluates the performance of assigned personnel to ensure effective financial operations; manages payroll and leave administration, providing guidance on employee leave policies and ensuring compliance with payroll-related regulations.
10. Ensures staff compliance with departmental policies, procedures, and regulatory requirements and state law related to the budget and finances.
11. Monitors departmental budgets and financial performance reports; identifies trends and recommends corrective actions as needed.
12. Assists in developing and managing the City of Dripping Springs Personnel Manual as it relates to finance, budget matters, and the Finance Department, and develops, implements, administers, and reviews the City’s financial policies and procedures in accordance with state law.
13. Monitors changes to local, state, and federal procurement laws and regulations related to municipality and grant-funded purchases and assists with the City’s audits.
14. Develops, implements, and regularly updates the City's Purchasing Policy to ensure compliance with applicable laws and to promote efficient procurement practices; trains staff on purchasing procedures and approval thresholds.
15. Performs a variety of debt management tasks, including planning debt issuances, preparing supported documentation, generating debt related reporting, and presenting debt instruments to the City Council for consideration.
16. Participates in special projects in support of City-wide operations, which may include analyzing vendor contracts; performing fiscal policy studies; providing policy guidance and recommendations.
17. Provides professional customer service and financial guidance to internal and external stakeholders, including the City Council, City Administrator, Deputy City Administrators, and Department Heads.
18. Ability to establish, maintain, and foster positive, effective and professional working relationships with those contacted during work.
19. Ability to maintain confidentiality.
Requirements
1. Bachelor’s degree in accounting, Public or Business Administration, Finance, or related field required.
2. Must be bondable and maintain bondability throughout employment. Position requires handling of public funds and financial instruments.
3. Must have or be able to attend within the first year of employment Public Funds Investment Act training. This training shall be completed every two (2) years, in accordance with the City’s approved Investment Policy.
4. Two years of progressively responsible experience in accounting, finance, or related field with Texas municipal finance experience required.
5. Two years experience in a high-level supervisory capacity preferred.
6. Certified Public Finance Officer CFOA certification and CPA license preferred.
7. Knowledge of generally accepted accounting principles and fund accounting, internal controls, fraud prevention, and compliance monitoring.
8. Ability to establish and maintain effective working relationships with employees, City officials, and general public.
9. Ability to communicate effectively verbally and in writing.
10. Ability to handle confidential and sensitive information while maintaining confidentiality.
