Financial Manager III

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.

Job Description:

Financial Manager III

Purpose:

Under minimal direction, this position is responsible for management and operations of organization's financial activities and staff for a large enterprise or function, including either a broad span of control, supervision of other financial managers, or highly complex, specialized work.

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 large-sized enterprises or functions within a department.
  
• Provides general oversight for 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.
  
• Oversees and directs the development of the budget and business plan 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.
  
• Directs the development of organization's mid- and long-range 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.
  
• Oversees and directs development of service rates, cost of service studies, and customer class rate proposals for Council.
  
• Oversees and directs requirements of a regulatory environment including rate proceedings, rate filing documentation, expert testimony development and delivery, litigation support, and settlement negotiations.
  
• Oversees and directs 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.
  
• Oversees and directs 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.
  
• Ensures 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.

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, 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, and 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 using computers and related software applications.
  
• 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 six (6) 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.
  

Licenses and Certifications Required:

None.

Preferred Qualifications:

• Experience leading a diverse, multi-facet team responsible for accounting, budget, financial monitoring, accounts payable/receivable, project accounting, purchasing, and contract monitoring.
  
• Experience translating complex financial analysis into clear insights and presenting them to executives and departmental stakeholders to support data-driven decision-making.
  
• Experience leading teams in outcome-based objectives with measurable key results for organizational strategic planning and employee performance evaluations.
  
• Ability to travel to multiple locations as part of the regular job duties.
  

Notes to Candidate:

Position Overview: This position will be responsible for supporting the City of Austin Capital Delivery Services Department in the Financial Services Division. The Financial Manager III will be accountable for leading teams responsible for accounts payable and receivable, budget development and analysis, financial monitoring and reporting, revenue management, purchasing, project accounting, and contract management. This position will oversee organizational business planning, mid- and long-range financial forecasts, and development of direct/indirect cost or allocation methodologies. Additionally, the position provides financial oversite for future citywide Public Improvement Bond Capital Improvement Program.

Salary Range: $97,450.00 - $125,200.00

Location: One Texas Center (OTC) - 505 Barton Springs Rd Austin, TX 78704

General Work Schedule: Monday - Friday 8:00 AM - 5:00 PM; Alternative schedule and/or flexible hours available based on business needs. Hours may vary depending on work demands and business needs. Work hours may include after-hours, holidays, and weekend work. Overtime may be required with or without notice. Up to 60% teleworking available.

Who We Are:

Austin Capital Delivery Services Department (CDS ) builds public projects to support the community. We do this by directly managing the City of Austin’s Capital Program with over 600 active projects, representing an investment of over $10 Billion. At CDS, we aim to create an environment that values diversity and adaptability and encourages staff at all levels to think creatively, experiment with new ideas, and contribute to a culture of continuous improvement.

Click here to visit our Facebook page to learn more about the Austin Capital Delivery Services Department.

Why Join Us?

Meaningful Work
Contribute to projects that improve the lives of the people in our community. Your work directly enables our department to deliver tangible construction projects throughout the city that will resonate for generations to come. Seeing results through a constructed project provides a sense of accomplishment and pride in your work.

Innovation and Collaboration
Collaborate with diverse and talented teams, leveraging technology, continuous improvement, and best practices to drive progress and embrace our One City - One Team - One Approach model of delivering capital projects.

Professional Growth and Development
Achieve your professional goals. CDS offers opportunities to advance in multiple career paths, including engineering, architecture, construction management, project planning and management, finance, business administration, process improvement, and data analytics. Education assistance is available through our tuition reimbursement program, and financial support for continuing education, licenses, and certifications is also available.

Work-Life Balance
Enjoy a balanced lifestyle in a city renowned for its quality of life, outdoor activities, and cultural experiences. Our employees also enjoy the ability to work up to 60% remotely, depending upon position and business needs.

Health and Wellness

The City of Austin is committed to providing cost-effective, sustainable benefits that assist employees in being physically and mentally healthy. For employees that are covered this includes low cost medical, dental, vision, paid leave time, a highly competitive retirement plan, training opportunities and more. Click here to review the City of Austin's Employee Benefits Guide.

To learn more about working with the City of Austin, click here to watch a short video!

Application Details:

A detailed, complete City of Austin employment application is required to help us better evaluate your qualifications. For each position, please describe your specific experience as it relates to the minimum and preferred qualifications. Please be thorough in completing the employment application and list all experience that is relevant to this position.

• This position may allow for a resume or cover letter to be included but relevant entries on your employment application will primarily be considered for interview qualification and compensation purposes.
  
• If you are selected as the top candidate for a position, we may be contacting your current and former employer listed on the application for reference checks as a part of the pre-employment verification process.
  
• If you are identified as a top candidate, verification of your education, which may include High School graduation or GED equivalent, undergraduate and/or graduate degrees, will be required.
  

Additional Details:

• This position may require a skills assessment.
  
• The Austin Capital Delivery Services Department may close this job posting at any time after it has been advertised for seven (7) days, please apply as soon as possible if interested.
  
• 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 submissions, 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.
  
• This position will require a pre-employment Criminal Background Investigation (CBI).
  

Travel:

The Austin Capital Delivery Services Department is comprised of multiple facilities located throughout Austin. If you are selected for this position, and meet the Driver Safety Standards in the City of Austin Driver Record Evaluation 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.

Hybrid Work Environment:

The City of Austin Telework Program is designed to empower employees and leaders to establish hybrid work arrangements that promote high levels of performance and engagement. The City of Austin has an established work arrangement under which an employee is scheduled to work at least 2 days per week at their designated worksite. Some positions may require additional time at their designated worksite.

90 Day Provision for Additional Vacancy:

If the same or an additional vacancy occurs within the Austin Capital Delivery Services Department in the same job title within 90 days after the start date of the top candidate, the additional position may be offered to another top candidate from the same candidate pool. This may include filling other vacancies with the same job title in other division/work locations within the Austin Capital Delivery Services Department. Decisions on assigned selection may be made at the time of hire based on the business needs of the department.

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: 2026-03-24

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• City of Austin

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