Overview The Director of Finance is responsible for all areas of financial management for the Finance department for the City of Corpus Christi, including financial reporting, accounting, utility service administration, treasury, revenue and collections. This position will advise and consult with City staff and Executive leadership to establish fiscal objectives for the City and provide highly responsible and complex financial support to the City Manager’s Office.
Essential Functions and Responsibilities
- Ensures financial management and planning by preparing and reviewing financial and accounting reports, performing trend analysis and preparing policies, procedures and correspondence to communicate the City's financial position.
- Oversees financial and accounting reporting by supervising the updating of these reports, interpreting and communicating the guidelines on accounting issues by agencies and interpreting subsidiary reports with the ability to consolidate.
- Manages the development and implementation of department goals, objectives, policies, and priorities for each assigned service area; establishes, within City policy, appropriate service and staffing levels; and allocates resources accordingly.
- Monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; assesses and monitors workload, administrative and support systems, and internal reporting relationships; identifies opportunities for improvement and directs the implementation of changes.
- Responsible for the completion of the annual Comprehensive Annual Financial Report.
- Coordinates all bond issuance of all bond sales for the City of Corpus Christi.
- Attends City Council meetings and takes necessary action regarding Council agenda items.
- Advises the City Manager on all matters related to the financial management of the City; ensures the preparation and maintenance of proper financial records and reports; and oversees the investment of City funds in accordance with applicable laws, ordinances, policies, and regulations.
- Oversees the direction of the accounting division by establishing policies and guidelines for all aspects of accounting including accounts payable, accounts receivable, and payroll.
- Oversees the direction of the Utility Business Office by establishing procedures, polices and guidelines for the business operations and evaluating the operations through the review of reports for all customers.
- Oversees the Business Analysis Division by supervising and establishing procedures, policies and guidelines for all tax increment finance zones; manages the Convention and Visitors Bureau contract, the Downtown Management District contract, and the Corpus Christi Regional Economic Development contract. Prepares billings for all industrial district agreements. Oversees the coordination of agendas for the Corpus Christi Business and Job Development Corporation, the Type B Corporation, Reinvestment Zone No. 2 and Reinvestment Zone No. 3.
- Maintains the Treasury division by supervising and establishing cash management programs, interpreting legislation and regulations on public funds, monitoring financial markets and ensuring compliance with the City's investment policy.
- Acts as official departmental representative to other City departments, City Manager's Office, elected officials and outside agencies; explains, justifies, and defends department programs, policies, and activities; and negotiates and resolves sensitive, significant, and controversial issues.
- May perform other duties as assigned.
Knowledge, Skills and Abilities
- Knowledge of pertinent Federal, State, and local laws, ordinances, statutes, and regulations.
- Knowledge of advanced principles and practices of municipal budget preparation and administration.
- Knowledge of operational characteristics, services, and activities of a public finance program.
- Knowledge of organizational and management practices as applied to the analysis and evaluation of programs, policies, and operational needs.
- Knowledge of principles and practices of governmental accounting and financial auditing.
- Skill in oral and written communications.
- Skill in handling conflict and uncertain situations.
- Skill in collecting, analyzing, and interpreting applicable research data.
- Ability to analyze problems, provide alternatives, identify solutions in support of established goals, project consequences of proposed actions, and implement recommendations.
- Ability to identify and respond to community and City Council issues, concerns, and needs.
- Ability to prepare and administer a complex departmental budget and allocate limited resources in a cost-effective manner.
- Ability to provide administrative and professional leadership and direction to subordinate staff.
- Ability to prepare, review, and present clear and concise administrative and financial reports.
- Bachelor’s Degree in Finance, Accounting, Business Administration or a related field
- Ten (10) years of progressively responsible professional experience in public finance and accounting
- Certified Public Accountant (CPA) preferred
- Master’s Degree in Accounting, Finance, Public Administration or Business Administration preferred