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City of Fate

Director of Finance

City of Fate, Fate, Texas, us, 75132

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Role Summary

The City of Fate, Texas, is seeking an experienced finance professional to serve as our next Director of Finance. This position is a key part of the leadership team, providing financial stewardship and guidance for one of the fastest-growing communities in the country. It’s a role that goes beyond accounting—your work will help ensure sound planning, clear communication, and a stable financial foundation for our residents and businesses. Located in Rockwall County, just 28 miles east of downtown Dallas, Fate is home to more than 28,000 residents. The community offers excellent schools, safe neighborhoods, and local events that bring people together. With roughly 1,000 new residents joining us each year, we are growing quickly while staying focused on fiscal responsibility and preserving the small‑town character that makes Fate unique. In this role, you’ll see the results of your efforts every day, shaping the City’s future in real and lasting ways. Director of Finance role

The Director of Finance serves as the City’s chief financial strategist, providing leadership, oversight, and direction for all financial operations. Reporting to the City Manager, this role manages the Finance Department, Utility Billing Department and Municipal Court. This position oversees key functions including accounting, budgeting, payroll, internal control, auditing, treasury management, investments, debt management, public improvement districts, and financial reporting. The Director ensures the City’s fiscal integrity, transparency, and sustainability, aligning financial policies and practices with the City’s mission and long‑term goals. Key Responsibilities

Directs, coordinates, and participates in the preparation of budget and financial forecasts, including developing and maintaining planning and forecasting procedures. Manages the development and implementation of departmental goals, objectives, and priorities for each assigned service area; develops, recommends and administers policies and procedures. Plans, directs and coordinates the City’s accounting systems, financial activities, grant management, and audits. Promotes excellence in customer service for both external and internal customers. Plans, directs and coordinates the activities of the Customer Service Department in accordance with best practices in customer service, cash handling and internal controls; works closely with the Public Works Department to coordinate meter reading, meter installation and meter repair/replacement. Plans, directs and coordinates the activities of the Municipal Court Department in accordance with state law. Oversees the development of the annual operating and capital budget including developing revenue projections and tax rate calculations. Monitors budget for compliance with approved appropriations and significant revenue or expenditure variances. Oversees the preparation of the City’s annual financial statements in accordance with generally accepted accounting principles and assists external auditors. Recommends, develops and implements fiscal policies to improve the City’s administrative and financial internal control systems and procedures. Manages the investment of funds, bank relations, and investment portfolio policy. Manages city purchasing and fixed asset inventory system, ensuring compliance with state purchasing laws and establishing and implementing policies and procedures. Prepares and presents monthly financial and quarterly investment reports to the City Council and City Manager. Prepares and submits required financial reports to municipal bond and rating agencies. Supervises employees, including assigning and reviewing work, conducting performance reviews, training employees, and making recommendations regarding hiring, promoting, disciplining, and/or dismissing employees. Prepares staff reports, develops recommendations and summarizes issues for presentation to the City Council. Attends City Council and other meetings as required outside of normal working hours. Performs other duties as assigned. Key Qualifications

Bachelor’s degree in accounting, finance, business administration, or related field. A master’s degree is preferred. A minimum of 5 years of progressive experience in municipal finance, including a leadership role managing department operations and supervising staff. Certified Government Finance Officer (CGFO) certification, Certified Government Finance Manager (CGFM) or CPA preferred. Possession of a valid Texas driver’s license. A combination of education, training and experience providing the required knowledge, skills and abilities may be considered.

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