City of Garland, TX

  • Financial Services Manager - Cash & Debt

    Location US-TX-Garland
    Posted Date 1 week ago(7/5/2019 4:21 PM)
    Job ID
    2019-5845
    # of Openings Remaining
    1
    Department
    Financial Services
    Job Family
    Administrator
    Target Hiring Range
    Depending on Qualifications
    Type
    Regular Full-Time
    Job Code Category
    Finance
  • Position Summary

    Responsible for the management of investments, debt issuance, banking services, and cash liquidity for the City of Garland to ensure adequate controls and safeguards for all financial assets. Also responsible for maintaining compliance with various state and federal regulations, assisting other departments with cash handling and bank relations for the City of Garland.

     

     

    : $69,867/yr - $90,834/yr

    Essential Job Functions

    1. Manage the investment portfolio according to established investment policies and strategies.
    2. Assist the Finance Director and Controller with new debt issues and maintaining records for existing debt. Provide expertise when needed.
    3. Establish banking services for the City and resolve any issues and concerns.
    4. Prepare and provide data required for IRS Arbitrage reporting.
    5. Analyze City cash flow needs and invoke strategies to enhance financial strength.
    6. Design, review and recommend the approval of financial and accounting policies, processes and procedures to meet internal and external constraints and safeguard the City’s assets.
    7. Prepare investment portfolio reports in compliance with the Public Funds Investment Act for management and City Council.

    Minimum Education & Work Experience

    Bachelor’s Degree in Finance, Accounting, Financial Management or related field of study
    5 years’ experience in governmental finance, accounting, budgeting and/or auditing
    Understanding of the Public Funds Investment Act requirements and parameters
    Or an equivalent combination of education and experience sufficient to successfully perform the essential functions of the job.



    Preferred Knowledge - Abilities & Skills

    Education/ Experience:             

    • Masters degree in Finance, Accounting, Financial Management or related field of study
    • 7-10 years’ experience in governmental finance, accounting, budgeting and/or auditing
    • 2-4 years in banking and investment portfolio management
    • Certified Public Accountant (CPA) or Certified Government Finance Officer (CGFO) preferred

     

    Knowledge, Skills & Abilities:

    • Knowledge of municipal governmental accounting
    • Skilled in commercial banking and portfolio management
    • Knowledge of municipal debt
    • Knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB)
    • Advanced analytical skills and attention to detail
    • Proficient skills in Microsoft Office (Word, Excel, PowerPoint, Access)
    • Skilled with preparing and analyzing financial statements and reports
    • Knowledge of financial management systems
    • Knowledge of Debt Management programs
    • Experience with portfolio software systems
    • Ability to effectively communicate both verbally and in writing

    Licenses & Certifications

    Valid Class C Texas driver's license

    Physical Tasks & Working Conditions

    The incumbent works in a typical office environment; relatively free from unpleasant environmental conditions or hazards.

    Competencies

    Models Organization Values
    Customer Focus/Results Focus
    Communication
    Adaptability/Flexibility/Decision Making
    Managing Projects/Managing People

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