Chief Financial Officer

City of Odessa (TX)•Odessa, TX

40d

About The Position

The Chief Financial Officer (CFO) will lead and manage the financial activities of the City. The CFO will be responsible for overseeing debt management, cash management, grants, and accounting. This role involves developing and implementing departmental goals, objectives, policies, and procedures in accordance with governmental financial standards and City standards. The CFO will support the City Manager in strategic planning, including establishing benchmarks, financial targets, policy development, and financial stewardship.

Requirements

Bachelor's degree in Accounting, Finance, or Business Administration.
Five years of experience managing government financial operations, or an equivalent combination of education, training, and experience.
Municipal fund accounting experience is required.
Knowledge of Government/Financial Accounting Standards Boards (GASB/FASB) and Government Finance Officers Association (GFOA) standards.
Understanding of Generally Accepted Accounting Principles and Auditing Principles for Public Sector financial management.
Familiarity with legal, ethical, and professional rules of conduct for municipal finance officers.
Proficiency in public sector administrative management, including performance management, personnel rules, procurement, contracting, and project management.
Ability to analyze financial issues, evaluate alternatives, and develop recommendations and strategies.
Strong leadership and staff management skills.
Effective communication skills, both verbal and written.

Nice To Haves

Certification as a Certified Public Finance Officer (CPFO), Certified Government Financial Manager (CGFM), or Certified Government Finance Officer (CGFO) is preferred. Candidates not holding one of these certifications at the time of hire are expected to maintain adequate progress toward achievement within two years.

Responsibilities

Serve as the Director of Finance and principal financial advisor to the City Council and City Manager.
Provide leadership, direction, and guidance in financial planning, strategies, priorities, and investments.
Evaluate and analyze financial data to develop solutions for managing the City's assets.
Plan, organize, coordinate, and direct the operations of the Finance Department.
Manage financial records, budgets, computer systems, audits, investment portfolio, debt management, revenue forecasts, payroll, billing, capital assets, financial analysis and reporting, internal controls, grant reporting, and ledger and account reconciliation.
Ensure compliance with state and Federal financial management regulations, City policies, and governmental accounting standards.
Implement and enforce financial policies and procedures, internal controls, best practices, and sound accounting principles.
Direct, coach, and train staff, and evaluate performance.
Manage the collection, analysis, and reporting of financial data.
Oversee the City's operational budget process.