Assistant Finance Director

To be considered for the Assistant Finance Director role at FWLab, candidates must possess a bachelor’s degree in Finance, Accounting, Public Administration, or a related field, along with at least five years of progressive experience in financial management. Additionally, two years of supervisory experience leading finance teams is essential. Preferred qualifications include a master’s degree, certifications such as CGFO or CPA, and familiarity with public sector financial regulations.

As the Assistant Finance Director at FWLab, you'll be responsible for overseeing city-wide revenue functions, optimizing budgeting processes, and ensuring compliance with financial policies. Your role will include managing forecasting and reporting, supervising financial operations for special districts, and preparing strategic insights for city leadership. You'll collaborate with internal and external stakeholders to promote fiscal sustainability.

The Assistant Finance Director at FWLab plays a crucial role in steering the city's financial strategy, ensuring the effective management of revenue and special districts. By employing innovative strategies for revenue maximization and developing insightful financial analyses, this position directly supports Fort Worth's goal of sustainable financial health while driving operational efficiencies.

The Assistant Finance Director position at FWLab typically operates during standard business hours, Monday to Friday from 8 am to 5 pm. However, some evening and weekend work may be required to fulfill the responsibilities associated with the role and to attend meetings or events relevant to the city’s financial strategies.

The Assistant Finance Director role at FWLab offers a competitive salary range of $128,214 to $169,884 annually, along with a robust benefits package that includes 11 paid holidays, medical, dental, and vision coverage, paid time off, a pension plan, and opportunities for professional development, ensuring a supportive work environment for all employees.

When answering this question, focus on your direct experience in crafting and managing budgets. Highlight specific scenarios where you worked collaboratively with team members or department heads to create impactful budgets, emphasizing your analytical skills and ability to adjust projections based on real-time data.

Discuss your familiarity with local, state, and federal regulations. Share examples of how you have implemented policies and procedures to ensure compliance in past roles. Emphasize your proactive approach to mitigating risks by continuously monitoring regulatory changes that may affect financial operations.

When responding, explain techniques you have employed for accurate forecasting, such as historical data analysis and trend monitoring. Discuss any innovative strategies you have developed or implemented to maximize revenue streams, focusing on adaptability to economic shifts.

Your answer should reflect a supportive and collaborative leadership approach. Describe how you motivate your team, encourage professional development, and foster a culture of open communication, ensuring everyone is aligned with the organizational financial goals.

Discuss your ability to simplify complex data into clear, actionable insights. Provide an example where you successfully communicated financial information to non-financial audiences, highlighting the tools or techniques you used to make this information accessible and relevant.

Choose a specific strategy you implemented in a previous role, detailing the analysis that informed your approach, the steps you took to execute it, and the results achieved. Focus on quantifiable outcomes and how the strategy benefited the organization.

Explain your structured approach to variance analysis, including regular monitoring and reporting methods. Share an example of how you have responded to variance and adapted financial strategies or recommendations based on your findings.

Look for a challenging situation that showcases your problem-solving skills. Describe the issue in detail, the action steps you took to address it, and the lessons learned to prevent future occurrences.

Discuss your approach to collaboration and communication with various stakeholders. Highlight your techniques for building trust, facilitating discussions, and ensuring that all parties are informed and involved in the process of financial decision-making.

Describe the analytical tools and methodologies you use, such as financial modeling or software applications, and provide a concrete example of how you've identified trends and discrepancies, leading to important financial insights for your organization.