Financial Director

Job Title: Financial Director

Hours: Full-Time

Job Description:

Classification Responsibilities:

· The Financial Director is responsible for the formulation and execution of the City’s overall financial policies, strategies, planning, and forecasts. Specific responsibilities include: management oversight of purchasing, revenue collections, and audits;

· Coordinating changes and improvements in automated financial and management information systems for the City; ensuring compliance with the City’s financial policies, local, state, and federal budgetary, and financial reporting requirements;

· Overseeing the approval and processing of revenue, expenditure, department budgets, cash flow, cost controls, financial statements, and financial forecasting;

· Analyzing cash flow, cost controls, financial statements, and expenses to identify opportunities, and to guide City management;

· Coordinating debt management and capital financing, municipal financial administration and accounting principles and practices; investment fund management and municipal debt administration; financial oversight of Tax Increment Reinvestment Zone ("TIRZ"), Economic Development Corporations (Type A and B EDCs), development agreements and other financial activities as required;

· Additionally, the Financial Director is responsible for establishing and implementing short- and long- range goals, management objectives, financial policies and operating procedures; establishing and maintaining appropriate financial safeguards and controls; monitoring and analyzing City revenues and expenditures; establishing and maintaining an internal control structure for procurement, revenues, expenditures, assets and financial reporting to ensure fiscal accuracy and that requirements and/or obligations are met; and

· Financial Director will report to the City Manager, the Chief of Staff, and the City Council. The Finance Director will represent the City and City Council to the media, government agencies, funding agencies, and the general public on matters relating to City finances.


· $50,000 - $60,000, depending on experience

Minimum Qualifications Required:

· Any combination of training, education, and experience equivalent to graduation from an accredited college or university with a Bachelor’s Degree in Accounting, Finance, Business or Public Administration, or a related field. A minimum of 5 years of progressively responsible managerial, supervisory, and administrative experience.

Preferred / Desirable Qualifications:

· Knowledge of municipal financial administration and accounting principles and practices as well as municipal debt administration;

· Prior experience working for public agencies (e.g. state, cities, counties, etc.);

· Degree from an accredited college or university with a Master’s Degree in Business Administration, Public Administration, or a related field is desirable. Certification as a Certified Public Accountant (CPA) is preferred;

· Bilingual (English and Spanish); and

· Experience working with state and federal grant reimbursement programs, particularly regarding the Texas Department of Transportation.


· Either existing or willing to obtain certification from Statewide Procurement Education System (certification fees to be paid by City of Peñitas)

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