Financial Services Manager

About:

Mustang Special Utility District is a local governmental entity providing water and water reclamation utility service in Denton, Collin, and Grayson Counties of North Texas. We are the largest district of this type in Texas and one of the fastest-growing areas in the country. We are comprising 34,000 connections over 200 sq. miles. Our motto is Second to None! Providing Life’s Most Precious Resource. We’re looking for a critical person to join our team as Finance Manager.

Description:

The Finance Manager, reporting directly to the Assistant General Manager, oversees all staff within the Finance Department to ensure tasks are completed accurately and promptly. This role encompasses various accounting activities, including general ledger preparations, financial reporting, year-end audit preparations, and treasury management. The Finance Manager will also handle debt management, uphold investment policies, contribute to strategic financial planning and analyses, and support budget and forecasting activities. While the position operates within established guidelines, it requires adaptability to significant variations in a dynamic work environment.

Job Duties:

Financial Strategy:

• Develop and implement financial strategies that align with the company's long-term goals and objectives.
• Provide financial analysis and recommendations to support strategic planning.

Financial Planning and Budgeting:

• Lead the annual budgeting process and monitor budget performance throughout the year.
• Forecast financial trends, variances, and financial implications of business decisions.

Financial Reporting:

• Prepare and present accurate and timely financial reports to the executive team and board of directors, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards and regulations.

Risk Management:

• Identify and mitigate financial risks by implementing effective risk management strategies and internal controls.
• Monitor changes in financial regulations and adapt company policies accordingly.

Cash Management:

• Manage cash flow to ensure liquidity needs are met and investments are optimized.
• Oversee banking relationships and treasury functions.

Team Leadership:

• Supervise and mentor the finance team, providing guidance and support in their professional development.
• Foster a culture of accountability, teamwork, and continuous improvement.

Financial Compliance:

• Ensure compliance with all regulatory and reporting requirements.
• Coordinate audits and reviews with external auditors.

Minimum Qualifications:

• Bachelor's degree in accounting, finance, or a related field.
• Minimum of three years of progressively responsible professional experience in accounting, finance, or a related field.
• Ability to communicate effectively both verbally and in writing.
• Ability to form and maintain effective relationships with co-workers and customers.
• Proficiency in Microsoft Word, Excel, and PowerPoint.
• Maintain regular and punctual attendance.
• Strategic thinking and the ability to make data-driven decisions.
• Strong leadership and team management skills.

Conditions of Employment:

• Must have a valid Class "C" Driver's License before employment (must obtain Texas Class "C" driver's license within 30 days of hire per state law)
• Must pass a drug test, driver's license check, criminal history background check, and social security number verification check.

The marginal functions of this position have yet to be included. This job description does not imply that these are the only duties to be performed. Employees will be required to follow any other job-related duties their manager requires.

Work Environment:

• This position primarily requires work in an indoor professional office work environment.

Additional:

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job. Mustang SUD is an Equal Opportunity Employer. Applicants are considered for positions they have applied for without regard to any characteristics protected by law. These general guidelines do not constitute an exhaustive list of qualifications or essential functions of the position. All qualified applicants will receive consideration without regard to color, race, religion, national origin, age (over 40), physical or mental disability, sex (including pregnancy, gender identity, and sexual orientation), citizenship, veteran’s status, genetic information or any other characteristic protected by applicable federal, state or local laws.