Budget, Cash and Debt Manager

Under the general supervision of the Finance Director, this position coordinates the budget development process and leads a variety of treasury, cash, investment and debt management functions.

This position works closely with the Finance Director, Department Directors and management team operating with a high degree of independence for routine tasks, while contributing to the strategic financial oversight of the organization.

Budget and Reporting

• Coordinates with city divisions to prepare the annual budget and capital improvement plan for the City, Housing and Redevelopment Authority (HRA), and Economic Development Authority (EDA).
• Prepare monthly budget to actual reports and provide analysis of spending variances and projections.
• Conduct fiscal analysis for long-term financial planning (Levy, sales tax, TIF, capital projects, debt management) to meet the City’s strategic plans.
• Review budget process, tools, and presentation for continuous improvement opportunities.

Cash and Investments

• Manage the cash and investment portfolio of the City, HRA and EDA assuring efficient cash forecasting, planning, and execution, while mitigating risks and maximizing return.
• Build and maintain strong relationships with investment portfolio managers, banks, and other financial institutions.

Capital Financing and Debt Management

• Coordinate issuance, management, and payment of debt service of City General Obligation Bonds
• Serve as a liaison with credit rating agencies and financial advisors and prepare reports and financial documents such as Official Statements and schedules for certification requirements and the City’s Annual Comprehensive Financial Report.
• Track capital project authorizations, bond issuances and expenditures.
• Ensure compliance with all IRS post-issuance requirements making prompt and complete disclosures
• Provides technical direction on invoice coding, journal entries, credit card charges and other transactions.
• Responsible for the accounting and maintenance for fixed assets records.
• Assists other City departments with requests for financial information. 
• Assists with revenue and expenditure analysis and budgetary controls.
• Assist in implementing and testing system updates and new technology.
• Prepares and records a variety of routine and correcting journal entries.
• Performs other duties and assumes other responsibilities as assigned.

COMPETENCIES

• Knowledge of the principles and practices of governmental cash and debt management functions.
• Knowledge of governmental accounting principles and practices.
• Knowledge of data processes, principles, and practices as it relates to financial information systems.
• Knowledge and understanding of financial markets, banking operations, and regulatory requirements.
• Demonstrated skills analyzing project needs and preparing strategic long-range responses to meeting those needs and making sound decisions.
• Demonstrated skills in analyzing, preparing and managing comprehensive departmental budgets.
• Demonstrated skills in the use of Microsoft Excel, Microsoft Word and J. D. Edwards, Oracle Financial Accounting Software, or other financial and cash management systems and tools.
• Demonstrated ability to communicate effectively and respond to changing customer needs, interests and requirements.
• Demonstrated ability to establish and maintain effective working relationships with others and provide guidance to support peers to achieve goals.
• Demonstrated ability to establish objectives and performance measures.
• Demonstrated an ability to respect and maintain confidentiality of sensitive information, issues, and projects; maintain compliance with the Data Practices Act. 

Demonstrated an ability to understand and respect the diversity of customers and co-workers, effectively communicating with individuals whose first language may be one other than English.

MINIMUM QUALIFICATIONS

• A Bachelor’s degree in accounting, finance, business administration or a closely-related field
• Must have a minimum three years of professional accounting, budgeting, and/or cash management experience, preferably in a governmental or public agency setting.
• A combination of additional experience and education may be considered

PREFERRED QUALIFICATIONS

The physical demands that are described herein are representative of those that must be met by an employee to successfully perform the essential functions of the job.  

Must have the ability to: 

• Ability to sit, talk, and listen for extended periods of time.  Specific vision abilities required include close vision and the ability to adjust focus.
• Ability to occasionally lift and/or move up to 20 pounds.
• Ability to sit for long periods of time, bend, stoop, reach, manipulate doors, windows, drawers and locks.
• Ability to use a computer, printer, telephone, calculator, copy and fax machines.

Salary : $101,962 - $133,744