Employer: City of Odessa
Chief Financial Officer (CFO)
Located in:Odessa, TX
Employment type:Full time Work arrangement:Fully in-office
Salary:$185,000-$225,000/yr
Posted 2 days ago
Minimum Qualifications
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Summary
The City of Odessa is seeking a strategic, experienced Chief Financial Officer (CFO) to serve as the City’s senior financial leader and trusted advisor to the City Manager, who serves as the Chief Administrative Officer, and City Council. Reporting directly to the City Manager, the CFO provides executive leadership over all financial functions and ensures sound fiscal stewardship in support of organizational priorities and community needs.
The CFO plans, organizes, and directs the City’s financial operations, including accounting, budgeting, debt and cash management, investments, audits, grants administration, financial reporting, and internal controls. The position oversees the Finance Department and ensures compliance with applicable federal, state, and local financial regulations and governmental accounting standards. As a key member of the executive leadership team, the CFO supports strategic planning initiatives by establishing financial benchmarks, developing long-range financial strategies, and advising on policy development, resource allocation, and financial sustainability.
Key Responsibilities Serves as Director of Finance and principal financial advisor to the City Manager and City Council. Oversees the City’s operating and capital budget processes, financial forecasting, and long-term financial planning. Directs accounting, audits, investments, debt management, payroll, billing, grants, and financial systems. Develops and enforces financial policies, procedures, and internal controls to promote transparency, accountability, and best practices. Analyzes financial trends and operational data; prepares and presents clear, accurate financial reports and recommendations in public settings. Leads, mentors, and develops Finance Department staff while promoting a culture of professionalism and continuous improvement. Coordinates financial matters with state, regional, and federal agencies and external auditors.
The CFO will be a collaborative and ethical financial leader with strong municipal finance experience, excellent communication skills, and a commitment to public service. The right candidate will combine technical expertise with strategic vision to support Odessa’s longterm financial success.
Position
Supervisor:
City Manager
Work Arrangement
Fully in-office
Will not consider remote workers living in a different region.
Organization
Three words that best describe the organizational culture
Dynamic, Strtegic, Empowering
Benefits
Odessa is a dynamic and expanding community where economic opportunity and quality of life go hand in hand. The city offers more than a strong business environment, it fosters a welcoming atmosphere that supports both professional success and everyday living.
Significant challenges facing the organization
Economy that is heavily influenced by oil and gas Boom and bust cycles that could complicate forecasting Pressure to maintain service levels during downturns
Important upcoming projects or initiatives
Key member of Odessa’s Executive Leadership Group who will be able to build your own team New City Manager/Chief Administrative Officer in a fast growing, resource rich city with complex financial dynamics CFO who steps in this position gets to operate at a level that many similarly sized cities cannot offer Kind of work that builds a legacy and strengthens a city’s long term resilience Build a culture of accountability and customer service High visibility in the Texas Municipal Finance Community Opportunity to strengthen public trust
Other information
Outside recruiting firm:
Clear Career Professionals
Evaluation Process
Candidate materials will be screened in relation to the criteria described in this brochure. Candidates deemed to be the most highly qualified will be invited to participate in the selection process. The selection process will include virtual interviews with the most qualified candidates and final interviews with the City and its representatives. Appointment is subject to completion of a thorough background and reference verification
Expected hire/start date
June 01st, 2026