Financial Manager II

Job Description:

Financial Manager II

Description

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. Our guiding principles-Empathy, Ethics, Excellence, Engagement, and Equity - anchor our approach in delivering services that significantly impact the lives of Austin residents. 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.
  
• Diverse and Inclusive Workplace: Work in an environment where every voice is 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 designed to 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.

Job Description:

Financial Manager II

Purpose:

Under minimal direction, responsible for management and operations of organization's financial activities and staff for a medium-sized enterprise or function or multiple small functions with varied span of control.

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 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.
  

Responsibilities - Supervisor 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 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
  

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 five (5) 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 and Certifications Required:

None

Preferred Qualifications:

• Solid, demonstrated experience in managing large budgets, including budget preparation, financial tracking and analysis, and financial forecasting.
  
• Experience with the City of Austin’s or other public sector/governmental budget process, including planning, development, analysis, presentation, and monitoring regarding Operating and Capital budgets.
  
• Experience with City of Austin financial software systems, including eCOMBS, Advantage/AIMS, eCapris, and/or MicroStrategy.
  
• Demonstrated experience in working in a deadline-driven, fast-turnaround environment.
  
• Experience in responding to Council requests and reporting financial information in a clear, accurate, and concise manner.
  
• Solid, demonstrated experience in employee performance and behavioral management.
  
• Demonstrated ability to identify and develop the strengths and areas of opportunity of direct reports in order to build skills and maximize productivity.
  
• Experience creating, developing, and delivering workplace training on financial-related topics to employees at all levels and to large groups.
  
• Experience developing and updating policies and procedures and implementing process improvements.
  
• Solid, demonstrated experience working with different leadership styles and people of diverse backgrounds.
  
• Solid, demonstrated change management skills.
  
• Experience in handling complex issues in a Municipal Civil Service (MCS) environment.
  
• Ability to travel to more than one location.
  

Notes to Candidate:

Financial Manager II - Job Analysis:

Under minimal direction, the Financial Manager II is responsible for the management and operations of the Austin Public Library’s Financial Services Division, including the oversight of financial-related activities and supervision of Financial Services staff. This position manages the development of the Library’s budget, performs budget analysis, provides guidance and recommendations to executives and management, monitors the budget by reviewing current year estimates and budget variance reports, and reviews historical and forecast budget information. Additionally, the Financial Manager II oversees the Library’s accounting, budgeting, purchasing, accounts payable, accounts receivable, revenue, CIP, grants, fixed assets, inventory, and payroll functions. The Financial Manager II may also provide oversight for non-financial areas.

Work Location:

Austin Central Library, 710 West César Chavez St., Austin, TX 78701

Salary Range:

$91, 080.00 to $117,000 annually

Hours:

• Exempt/Full Time/40.0 hours minimum per week
  
• Monday - Friday, 8:00 a.m. to 5:00 p.m.
  
• Hours may vary based on operational or business needs; evenings and weekends may be required on occasion
  
• Telework opportunities available after an initial onboarding period
  

To view the City of Austin recruitment video, please click HERE.

Working with the City of Austin provides a number of health and welfare benefits such as low-cost medical, dental, vision, paid leave time, a highly competitive retirement plan, training opportunities and more. Please click HERE for more information.

Application Information:

• A detailed and complete City of Austin employment application is REQUIRED and allows us to better evaluate your qualifications.
  
• Please be sure to provide a COMPLETE and detailed employment history, including all previous employment that you wish to be considered as part of your qualifications. This information will be used to determine base salary in the event that you are selected for this job and position.
  
• For each of your previous jobs held, please describe your specific experience as it relates to the minimum and preferred qualifications for this Financial Manager II job.
  
• Incomplete applications will not be considered. NOTE: A cover letter and/or resume will NOT be used to substitute for an incomplete job application.
  
• Please understand that your job application, cover letter, and resume will be used to measure or assess your written communication skills, including grammar, punctuation, and spelling, in helping us screen applications and determine candidates to be interviewed.
  

Additional Information:

• Travel: If you are selected for this position and meet the Driver Safety Standards of 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.
  
• All new employees are required to attend City of Austin and Austin Public Library training as scheduled and should arrange their outside schedules to accommodate such training.
  

If Selected as the Top Candidate:

• Verification of the minimum qualifications. You must provide proof of education from an accredited college or university.
  
• Veteran candidates will be required to provide a copy of their DD-214
  
• Must have the ability to read, write, and speak fluently in English.
  

Important Note to Applicants:

The Austin Public Library reserves the right to close posted positions prior to the advertised close date, based on recruitment strategies and business needs.

Please be aware that the Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before the date listed. All application steps, including attachments and submission, must be fully completed before that time.

We also recommend that you save or print a copy of the job posting for your records. Once a posting has closed, it will no longer be viewable in the system.

EEO Statement for City of Austin:

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.

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.

Closing Date/Time: 2025-11-07