Finance Manager

Job Description:

Finance Manager

Description

Summary

Minimum Starting Salary: $95,000 - Depending on Qualifications

Why Work for Waco:

• Meaningful and challenging work
• Make a difference and improve communities
• Competitive Salary and Benefits
  • Full Range of Benefits including Health, Dental, Vision, Disability and Life Insurance
  • Retirement Plan with a 2:1 City Match
  • Education Assistance Program
  • Paid Parental Leave
  • Employee Assistance Longevity Pay
  • And More!

Chance to do work you are passionate about Job Security Desire to give back
The City of Waco Seeks:
Are you a strategic thinker with a passion for financial management and a commitment to excellence? Join our dynamic team as a Finance Manager, where you'll play a pivotal role in shaping the City’s financial landscape! In this critical position, you will lead the development and preparation of our annual operating and capital budget, ensuring that our fiscal decisions align with our organizational priorities and goals . If you have a passion for numbers, a keen eye for detail, and a strong understanding of financial principles, we encourage you to apply!

Position Overview:
The Finance Manager is responsible for overseeing the development and management of the City's annual operating and capital budget. This role ensures the effective monitoring of spending, provides thorough analysis, and oversees budget amendments as needed. The Finance Manager will lead a team of Financial Analysts, providing supervision, guidance, and support in achieving the financial goals of the organization.

Minimum Qualifications:
Required

• Bachelor's Degree in Finance, Accounting, Economics, or related field
• 5 years experience in budgeting, financial analysis, or related roles, with at least 2 years in a supervisory capacity
  • OR an equivalent combination of education and related experience
• Must possess a valid Texas Driver’s License

Preferred

• Master's Degree in Finance, Accounting, Economics or a related field
• Certified Public Accountant (CPA) from Texas State Board of Public Accountancy
• Professional Certification (CGFO, CPFO, etc)

Essential Functions:

• Leads the development and preparation of the City’s annual operating and capital budget, ensuring alignment with organizational priorities and goals.
• Oversees the budget submission process, including forecasting, analysis, and coordination with various departments.
• Monitors and manages budgetary spending throughout the fiscal year, ensuring financial performance stays within approved limits.
• Provides detailed financial analysis to support decision-making processes, offering recommendations for budget amendments, reallocation of funds, and cost-saving opportunities.
• Conducts variance analyses to monitor performance against budget and prepare related reports for internal and external stakeholders.
• Collaborates with other departments to ensure budget adherence and understand the financial impacts of their operations.
• Manages and performs budget adjustments and amendments as necessary, ensuring compliance with legal and regulatory requirements.
• Reviews and assesses departmental requests for budget amendments, advising on feasibility and impact on the overall financial plan.
• Supervises and leads a team of Financial Analysts, providing training, mentorship, and support in their professional development.
• Assigns and prioritizes tasks within the team to ensure deadlines and performance standards are met.
• Fosters a collaborative work environment that promotes efficiency, innovation, and continuous improvement.
• Ensures all financial activities and budget management practices adhere to applicable laws, regulations, and organizational policies.
• Assists the Assistant Director of Finance with financial audits, external reporting, and other compliance related matters as needed.
• Continuously evaluates and improves budget development processes, ensuring accuracy, efficiency, and alignment with best practices.
• Implements new tools, technologies, or methodologies that enhance financial analysis and reporting capabilities.
• May be required to respond afterhours, including holidays and weekends, in the event of a departmental or City-wide emergency.

The City of Waco offers a complete benefits package for eligible employees including; health, dental, vision, Employee Assistance Program (EAP), Flexible Spending Accounts, life insurance, long term and short term disability, retirement, deferred compensation plans, holidays, vacation, sick leave, credit union and savings bonds.

To learn more about the benefits offered, visit our Benefits page.

Salary:

See Position Description