Assistant Finance Director

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Company: City of Highland Village, TX

Location: Lewisville, TX 75067

Description:

Salary: $105,074.93 - $115,582.42 Annually

Location : Highland Village, TX

Job Type: Full Time

Job Number: 00276

Department: Finance

Opening Date: 01/14/2025

Description

The City of Highland Village, a vibrant and growing community focused on customer service and fiscal responsibility, is seeking a highly skilled and motivated professional to join our team as the Assistant Director of Finance. This leadership position offers the chance to make a significant impact by overseeing key financial operations and contributing to the city's long-term success.

The Assistant Director of Finance will assist in managing the city's financial processes, including budgeting, cash management, financial reporting, utility billing, payroll, and investments. We're looking for a proactive leader with a proven ability to handle complex financial tasks and lead teams in a collaborative environment.If this sounds like you, we encourage you to apply. Submit your resume, cover letter, and any relevant certifications by (deadline).

Key Responsibilities:
  • Directs, supervises and evaluates the performance of subordinate personnel.
  • Maintains accounting procedures and ensures adherence to Governmental Accounting Standards Board (GASB) pronouncements and City accounting and financial policies.
  • Provides technical accounting and professional support to personnel.
  • Maintains general ledger and subsidiary ledgers, including preparing monthly and annual closing journal entries.
  • Review monthly budget reports and quarterly investment reports submitted to City officials.
  • Facilitates the City's investment strategy, manages operating cash flow projections, facilitates transfers as needed, and monitors collateral levels.
  • Assists in coordinating the audit process, including preparing audit work papers, addressing audit-related inquiries, and preparing the Annual Comprehensive Financial Report.
  • Coordinates the preparation of the annual budget, including revenue and salary projections, processing departmental requests, and monitoring expenditures related to budgetary items.
  • Coordinates the preparation of the Five-Year Forecast and Capital Improvement Plan with input from various City employees, officials, and citizens.
  • Coordinates the preparation of the Annual Budget and Program of Services.
  • Assess, implement, and maintain budget and accounting administration technologies.
  • Performs account reconciliations as assigned.
  • Maintains accounting for City infrastructure, capital assets, leases, and subscription-based information technology arrangements.
  • Monitors accounts receivable process, including the use of collection agencies and law firms, and provides recommendations for write-offs of uncollectible accounts.
  • Coordinates debt service payments and arbitrage calculations.
  • Manages the purchasing card program by maintaining approval limits, providing override capabilities as needed, serving as a bank liaison, and monitoring ongoing compliance with procedures.
  • Performs data analysis for special projects as assigned.
  • Prepares and presents financial and budgetary information to City officials as required.
  • Serves as acting Finance Director in the absence of the Finance Director.

Job Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • At least 5 years of progressively responsible experience in public finance or a similar field, including supervisory roles.
  • Strong proficiency in financial reporting, budgeting, and policy implementation.
  • Exceptional leadership and communication skills, with the ability to inspire and manage diverse teams.

Benefits

  • Certification pay up to $1,200 year.
  • Up to $1000 per year in tuition reimbursement
  • Health, Dental, vision, life, long term disability starting at $0.00 per month.
  • Free telemedicine benefits including general medical, mental health, dermatology, neck & back care, & expert medical.
  • 2 to 1 City Matching Retirement plan (employee contributes 7% & the City contributions 14% after 5 years vesting). Full-time employees do not pay into Social Security.
  • 2% City Matching 457 retirement account after 6 months of employment
  • 2 weeks' Vacation & 2 weeks' Sick leave accruals following the introductory period
  • 13 total paid holidays consisting of ten city holidays, one birthday holiday and two personal holidays.


The following benefits are currently in effect for "regular status full-time employees." Note: The City reserves the right to add, delete, or modify these benefits at any time, with or without notice.Certification
Most positions are eligible for additional pay for certifications that are above and beyond the requirements of the position. Pay depends on the certifications and typically do not exceed $100 per month.
Deferred Compensation
Supplemental retirement savings plans are available via payroll deduction and are tax deferred. After six months of employment, the City will match up to 2% of your annual salary in contributions.
Employee Assistance Program (EAP)
The Employee Assistance Program offers information and resources that can help you identify and resolve problems affecting emotional and physical health and other personal matters, including financial and legal assistance. This free hotline is staffed by a team of Masters-level counselors and nurses who can assist with a wide range of problems.
Flexible Spending/Dependent Care
Employees have the option to utilize City sponsored flexible spending accounts permitted under the IRS code to pay for various medical, dental, vision, or dependent care costs on a pre-tax basis.
Health Insurance
We provide group health coverage through BlueCross BlueShield (BCBS). Employees can choose from two available plans: a traditional PPO Plan or a High Deductible Plan with a Health Savings Account (HSA) attached. The City pays 80% - 100% of the insurance premium for employee only or employee plus family coverage. Funds in a Health Savings Account roll over from year to year, and can be used during retirement to pay for medical related expenses and some premiums (IRS Publication 969). Options for dependent coverage are available.
Holidays and Leave
Full time employees are provided 11 paid holidays, plus your birthday and two personal days. Holidays included are New Year's, Dr. Martin Luther King, Jr. Birthday, Good Friday (Friday before Easter), Memorial Day, Independence Day, Labor Day, Thanksgiving, Day after Thanksgiving, Christmas Eve, and Christmas Day.
Life Insurance
Full time employees are provided with $50,000 Life Insurance and $50,000 Accidental Death and Dismemberment (AD&D) Insurance. Additional Life Insurance can be purchased by the employee through payroll deduction.
Long Term Disability Insurance
Full time employees are provided with Long Term Disability Insurance, which provides income of 60% of the employees salary up to age 65 if disabled, and after a 180 day (six month) waiting period. See Human Resources for more information.
Longevity Pay
Once a year, full time employees who are employed with the City for two or more years will receive longevity pay for every month of full time service. Longevity pay is calculated as follows:
  • Two - four years at $4/month
  • Five - nine years at $6/month
  • Ten or more years at $7.50/month
Retirement
Eligible employees are members of the Texas Municipal Retirement System (TMRS). Retirement contributions are deducted at 7% from employee pay checks per pay period. Employees are vested after five years of service credit, with a two-to-one City match upon retirement. There is an additional Term Life Insurance benefit provided through TMRS equal to 1x your annual salary as an active employee. The City does NOT pay into the Federal Social Security System.
Retirement Health Savings (RHS)
This benefit is offered to full time City employees who have served 10 years or more in the Public Sector. The RHS account will enable you to have some tax-free savings dedicated to paying for future healthcare and insurance costs when you separate from service. Depending on the years of service you have, the City will put $500 - $1,500 into this account per year. The employees contributions is their sick and vacation at separation. This allows the employee to potentially retire early and still be able to pay for insurance coverage or medical bills.
Telemedicine - HealthiestYou by Teladoc
Employees and their family are eligible for unlimited free telemedicine. Services included are:
  • General Medical - 24/7/365 access to our doctors via phone or video. The doctors can diagnose and offer treatment, including prescriptions if medically necessary.
  • Mental Health "myStrength Complete"- myStrength is a flexible and comprehensive digital program with proven tools and dedicated support for stress, depression, sleep and more-all tailored to your unique needs. Unlimited scheduled phone/video sessions with a mental health provider: therapist, counselor psychiatrist etc. Recommended activities and content. Explore skill building tools and resources based on your ongoing needs and preferences.
  • Dermatology - Take 3 pictures of a skin condition and receive a diagnosis and treatment plan through the app's message center within 48 hours.
  • Neck and Back Care - With the help of a certified health coach, a member will be given a personalized video-based exercise and stretching regimen to help alleviate both back and neck pain.
  • Expert Medical Services - Receive an expert second opinion on a major diagnosis and get all your medical records in one place.
  • Nutrition - Members work directly with registered dietitians who assess their clinical nutrition needs and develop personalized programs including custom meal plans and shopping guides.?
Tuition Reimbursement
Full time employees who complete six months of service with the City may be reimbursed up to $1,000 per calendar year for approved college courses. Prior approvals from Supervisors and Department Heads are required to receive reimbursement.
Wellness Programs
Full time employees who participate in the City of Highland Village Wellness Program qualify for a $25/month discount on health insurance premiums, which equals $300 in annual savings.

The City reserves the right to add, delete, or modify these benefits at any time, with or without notice. Benefits are currently in effect for full time status employees only.

01

Have you worked in a municipal or other public institution in a financial capacity?
  • 0-2 Years
  • 2-4 Years
  • 5-10 Years
  • 10+ Years


02

Do you have experience supervising others? If yes, how many years of experience?
  • 0-2 Years
  • 2-4 Years
  • 5-10 Years
  • 10+ Years


03

How many years of experience do you have in budgeting, payroll, and accounting?
  • 0-2 Years
  • 2-4 Years
  • 5-10 Years
  • 10+ Years


04

Do you hold a Bachelor's degree in Accounting, Finance, or a related field?
  • Yes
  • No


05

If "yes" to the above question, what field do you hold a Bachelor's degree in?

06

What additional certifications or training have you completed that are relevant to this position (e.g., CPA, CGFM, or similar credentials)?

07

Describe your experience in managing a finance department, including personnel supervision, budget planning, financial reporting, investments, payroll, utility billing, audits, and strategic planning.

08

Please provide a detailed explanation of your accounting software experience and list what software you have utilized.

Required Question

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