Do you have what it takes to join our dedicated Office of Management & Budget team? Then this career is just for you! In this position, you will be responsible for the preparation and development of the City’s annual operating and capital improvement plan budgets. You will provide financial information to the City Manager and City Council for short and long-term management decisions as well as other City departments in the development and execution of adopted budgets.
Strong trusted partner who proactively collaborates with peers
Time and Priority Management
Strategic, creative, and a critical thinker
Strong oral and written communication skills
Knowledge of principles and practices of administrative management
Knowledge of Government Accounting Standards (GASB), Financial accounting Standards Board (FASB) and Government Finance Officers Association (GFOA) standards
If you are ready for the challenge, you will:
Direct the Office of Management & Budget (OMB) in development of the annual operating and capital budgets.
Prepare financial reports for the City Manager and Council detailing current and projected revenues and expenditures, important trends in financial activity, and the City’s overall financial position.
Review Council actions to ensure availability of funds and compliance with budgets or other financial plans approved by the City Council.
Oversee development and implementation of strategic initiatives on behalf of the City Manager.
Conduct organizational analysis and process improvement studies to maximize the efficiency and effectiveness of City operations.
Coordinate with the Finance Department in accomplishment of assigned responsibilities specifically in the areas of financial reporting, TIF financial analysis and reporting, and debt issuances.
What We Need From You
We encourage you to apply and let us know more about you. Here is what is required:
Bachelor’s Degree in Business Administration, Public Administration, Accounting, Finance, Economics or a related field
AND five years of progressively responsible professional financial management experience preferably with Texas municipal entities; OR Master’s Degree in any of the above fields and three years of professedly responsible professional management experience preferably with Texas municipal entities;
Training and certification on Public Funds Investment Act is required
must also have a valid driver’s license
If you are selected, you are also subject to a background check
What We Have to Offer You
The City of Waco has great benefits to offer you. Because family is an important part of our culture, we offer:
eleven (11) paid holidays each year
thirteen (13) vacation days per year
eighteen (18) vacation days per year after five (5) years of service
longevity pay after five (5) years
twelve (12) sick days each year
paid time to meet with teachers, if you have school-aged children
We believe in providing flexibility to pursue your own personal interests, hobbies, and work-life balance. You will have access to:
health insurance, which includes telemedicine
City provided life insurance for you
access to additional life insurance for you and your family
a great employee assistance program (EAP)
two (2) on-site gyms available to you at no cost
an on-site Wellness Coordinator, who is a registered and licensed dietitian, personal fitness trainer, and health coach
City wellness program and activities
Planning for your future is even better with our great retirement program managed by Texas Municipal Retirement System (TMRS). With TMRS an employee:
contributes 7% of gross pay
the City of Waco provides a 2:1 match on your contributions
eligible to retire after twenty (20) years of service, regardless of age
vesting at five (5) years
Why the City of Waco is the Best
The City of Waco provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, veteran status, or any other legally protected status under applicable federal, state and local laws. We are committed to serving our community; to treating all people with respect; to being professional when communicating with others; and to being helpful and friendly when performing our duties. We are a drug and smoke free workplace.
*Salary to commensurate experience*
Additional Salary Information: Salary to commensurate experience
Internal Number: 1397
About City of Waco
Waco is centrally located in the heart of Texas on the I-35 corridor midway between Dallas-Fort Worth and Austin. This progressive and diverse city with a vibrant community spirit offers major attractions, museums, recreation, and abundant shopping to more than 140,000 residents. Waco is the 25th largest city in Texas and the county seat of McLennan County.
Waco is not only brimming with Texas history, economic opportunity, and a rich variety of cultural experiences, it is also a major seat of high learning within three major colleges in its city limits including Baylor University, Texas State Technical College and McLennan Community College.
The city is also the birthplace of Dr. Pepper, the Texas Ranger Hall of Fame Museum and the Texas Sports Hall of Fame. Waco boasts one of the biggest and best municipal parks in Texas, Cameron Park. While the park is located in the middle of downtown situated on the Brazos and Bosque River it hosts numerous races, triathlons, boat races and much, much more.
Governance and Organization
Waco is a home rule city with a council-manager form of government. The City Council is comprised of a Mayor, elected at-large, and five City Counci...l members representing single-member districts, all serving two-year terms. The City Council sets the tax rate, approves the budget, appoints members to City boards and commissions, enacts City ordinances, and appoints the City Manager, City Attorney, City Secretary, and the Municipal Court Judge.
The City has a strong Financial Management Policy that guides the operation and delivery of quality City services, contributes to excellent AA+ and Aa1 bond ratings, and maintains an unassigned fund balance reserve in the General Fund equal to 28% of current year budgeted expenditures. The City of Waco has more than 1,600 employees and a total operating budget of over $400 million.
The City provides a full range of municipal services including a regional airport, animal services, building inspections, code enforcement, convention and visitors bureau, emergency management, housing and community development, economic development, fire, public health, library, municipal court, parks and recreation, planning, police, public works, Texas Ranger Hall of Fame Museum, utilities and zoo operations.
The City Council and City Manager are committed to the mission of providing exemplary municipal services for citizens and visitors in a collaborative and transparent manner while honoring the public’s trust. Waco values include providing excellent and innovative services, promoting equality and inclusion, focusing on teamwork, investing in people and always doing the right thing.
With the City of Waco, you will find our home; where everyone belongs and thrives as move forward together.