Finance Director

Position Summary The Finance Director serves as the City's senior financial administrator and is responsible for planning, directing, organizing, and managing all financial operations of the City. This executive leadership position provides strategic financial guidance to the City Manager and City Council while ensuring fiscal sustainability, regulatory compliance, sound stewardship of public funds, and transparent financial reporting. The Finance Director oversees accounting, budgeting, treasury management, payroll, purchasing, utility billing, accounts payable, accounts receivable, investments, debt management, grant administration, financial reporting, audit coordination, and risk management. Executive Leadership Provides executive leadership for all Finance Department operations. Evaluates financial processes, financial systems and technology to improve efficiency, strengthen internal controls, and support organizational effectiveness. Advises the City Manager and City Council on fiscal policy, budgeting, financial sustainability, investments, and debt management. Promotes innovation, transparency, accountability, and continuous improvement. Represents the City before financial institutions, auditors, governmental agencies, and the public. Develops and recommends financial strategies to improve the City's long‑term fiscal sustainability and implements approved initiatives through sound financial planning, operational efficiencies, and responsible stewardship of public resources. Financial Management Oversees the City's accounting operations, including the general ledger, payroll, accounts payable, accounts receivable, utility billing, financial reporting, and related financial systems. Directs cash management, banking relationships, reconciliations, investments, and fixed asset administration. Prepares and presents financial reports while ensuring transactions are properly authorized, documented, reconciled, and reported in accordance with applicable accounting standards and laws. Monitors revenues, expenditures, fund balances, and financial trends, recommending corrective actions when necessary. Continuously evaluates financial processes and internal controls to improve efficiency, accountability, and fiscal responsibility. Budget & Strategic Planning Provides financial guidance and budget consultation to department directors regarding expenditures, purchasing requests, and budget management. Leads preparation and administration of the annual operating and capital budgets. Works collaboratively with department directors to develop, monitor, and manage departmental budgets while promoting accountability and responsible use of public funds. Prepares budget amendments and long‑range financial forecasts. Monitors Capital Improvement Program funding. Evaluates departmental expenditures, conducts financial analyses, and identifies opportunities to improve operational efficiency, reduce costs, and maximize available financial resources. Monitors the City's overall financial performance throughout the fiscal year, identifies budget variances, revenue shortfalls, and financial risks, and provides timely recommendations to the City Manager regarding corrective actions or budget adjustments as needed. City Council regarding the City's financial position and budget performance. Develops and recommends long‑term financial strategies to improve the City's fiscal health and maintain sustainable operations. Investments & Cash Management May serve as the City's designated Investment Officer under the Texas Public Funds Investment Act. Invests City funds in accordance with law and City Investment Policy. Reviews the Investment Policy annually. Monitors investment performance and cash flow. Oversees reconciliation of investment accounts and monitors investment activity to ensure compliance with the City's Investment Policy and applicable laws. Purchasing & Procurement Directs centralized purchasing and procurement functions. Develops and recommends purchasing policies and procedures that promote accountability, efficiency, competition, and responsible stewardship of public funds. Reviews financial agreements, service contracts, and vendor relationships to ensure fiscal responsibility, contractual compliance, and effective vendor performance. Maintains compliance with the Texas Local Government Code, City Charter, and purchasing policies. Oversees bids, RFPs, RFQs, vendor relationships, and contract administration. Grants, Debt & Audit Oversees financial administration of grants and grant reporting. Coordinates debt planning, financing activities, and continuing disclosure requirements. Serves as the primary liaison for the City's annual independent financial audit and coordinates the preparation of schedules, supporting documentation, and implementation of audit recommendations. Ensures compliance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) standards, applicable federal and state laws, City policies, and other regulatory requirements governing municipal finance. Manages the lawful retention and destruction of financial records in accordance with the City's Records Retention Schedule and applicable state law. Directs debt service administration, including timely payment of bond obligations and preparation of required reports for rating agencies, state agencies, and other governmental entities. Ensures compliance with the City Charter, City ordinances, administrative policies, purchasing policies, employee handbook, and all applicable federal, state, and local laws governing municipal financial operations. Develops, implements, and monitors financial procedures that promote accuracy, accountability, transparency, and regulatory compliance. Directs grant administration, reimbursement requests, regulatory reporting, registrations, reconciliations, and other compliance activities necessary to maintain funding eligibility and satisfy federal, state, and local reporting requirements. Records Management Establishes, maintains, and administers complete and accurate financial records and records retention programs in accordance with applicable laws, supporting audits, regulatory compliance, public information requests, and operational accountability. Internal Controls & Financial Stewardship. Establishes, monitors, and continuously improves internal controls to safeguard public funds, City assets, and financial information. Ensures procurement card transactions, purchasing activities, payroll, contracts, investments, accounts payable, cash handling, and other financial operations are properly authorized, documented, reconciled, and supported in accordance with City policy and applicable laws. Identifies financial risks and implements corrective actions to strengthen accountability and compliance. Promotes transparency, accountability, and public confidence through accurate financial reporting, sound financial stewardship, and ethical business practices. Risk Management Coordinates property, liability, and workers' compensation insurance programs. Oversees claims administration and financial risk mitigation. Personnel Management Supervises, mentors, evaluates, and develops assigned personnel. Develops departmental goals, coaches employees, conducts performance evaluations, and promotes professional development and succession planning. Fosters a collaborative, customer‑focused work environment that encourages professional growth, accountability, and continuous improvement. Minimum Qualifications Bachelor's degree in Accounting, Finance, Business Administration, Public Administration, Economics, or a closely related field, or an equivalent combination of education, training, and progressively responsible experience may be considered. Five (5) years of progressively responsible governmental or public‑sector finance, accounting, budgeting, auditing, treasury management, or related experience. Three (3) years of supervisory or management experience. Valid Texas Driver License or ability to obtain within 90 days. Preferred Qualifications Master's degree in a related field. Certified Public Accountant (CPA). Certified Public Finance Officer (CPFO), Certified Government Financial Manager (CGFM), or similar certification. Experience serving in municipal finance leadership. Experience with municipal debt, grants, capital planning, and presentations to elected officials. PFIA Investment Officer training. #J-18808-Ljbffr Gfoat