Financial Manager II

City of Austin

1d • $91,080 - $117,000

About The Position

JOIN THE CITY OF AUSTIN TEAM At the City of Austin, we are more than just an employer—we are a vibrant community dedicated to shaping one of the nation's 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. This position manages key departmental financial functions, including budget development, financial forecasting, revenue and expenditure monitoring, and compliance with City policies. This position prepares and administers operating and capital budgets across multiple funding sources and ensures timely and accurate processing of financial documents. The role is responsible for overseeing daily financial operations and workflow to ensure the accurate and timely preparation, review, and approval of budget and accounting documents. The Financial Manager II will conduct financial analysis, develop projections, monitor trends, and prepare reports to support leadership decision-making. The successful candidate will leverage the City of Austin's financial systems and business intelligence tools, along with advanced Excel skills for data modeling and analysis.

Requirements

• 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 five (5) years of experience in a finance related field, two (2) years of which include management experience.
• Experience must include one (1) year of accounting.
• Up to twelve (12) hours of accounting coursework may substitute for accounting experience.
• Graduation with a Master's in Finance, Accounting, or Business-related field, or a CPA certification may substitute for two (2) years of experience requirement.
• Knowledge of the processes and theories used for public budgetary and financial policies.
• Knowledge of accounting concepts, principles, 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 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.

Nice To Haves

• Experience overseeing financial services, including operating budget preparation, financial forecasting, contract administration/writing, purchasing, and reporting.
• Demonstrated success in working in a deadline-driven environment while balancing multiple projects and changing priorities.
• Experience developing financial reports and presentations for executives and stakeholders that convey budget and project-relevant messaging and progress.
• Knowledge of contracts, purchasing, procurement card management, and operating budget development and management.
• Experience with AIMS, eCOMBS, eCAPRIS, and MicroStrategy or a similar tool.
• Proficiency in Microsoft Excel.
• Experience managing Finance and Accounting professionals, developing and implementing financial-related processes and procedures to achieve organizational goals and objectives.
• Ability to develop, liaise, and maintain relationships with both internal and external stakeholders, department directors, and executives.

Responsibilities

• Properly accounts for and safe-guards the City's cash and other assets for mid-sized enterprises or functions within a department.
• Provides general oversight over 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.
• Manages the development of the budget 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.
• Manages development of organization's 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.
• Manages the development of service rates, cost of service studies, and customer class rate proposals for Council.
• May manage requirements of a regulatory environment including rate proceedings, rate filing documentation, expert testimony development and delivery, litigation support, and settlement negotiations.
• May manage 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.
• Manages 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.
• Ensure financial staff are appropriately trained on the City’s systems of record and on Citywide policies and procedures.
• Responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level