Capital Projects Finance Lead

City of Roanoke, Virginia; Roanoke (VA); On-site; USD 90,000 - 130,000; Full time

Job summary

City of Roanoke, Virginia is seeking an experienced CIP Finance Manager to oversee planning, oversight, monitoring, and reporting of the City’s capital projects. This exempt role ensures alignment with Council priorities and financial compliance, employing best practices in project and debt management.

The position collaborates with City departments and external partners to allocate resources effectively, keep projects on schedule and within budget, and maintain comprehensive financial and

Qualifications

• Strong knowledge of municipal budgeting, debt management, and capital improvement planning.
• Ability to interpret and apply federal, state, and local laws, policies, and procedures related to CIP and debt financing.
• Analytical and problem-solving skills to evaluate funding strategies and project outcomes.
• Excellent written and verbal communication skills.

Responsibilities

• Oversee the progress of capital projects planned and appropriated, monitoring milestones, budgets, and timelines.
• Track project status, costs, and change orders throughout the lifecycle of each project.
• Collaborate with City departments to develop future project plans that align with City Council priorities, life-safety needs, cost efficiency, and timeliness.
• Partner with Finance staff and external advisors to plan project funding strategies and ensure all financial documentation is accurate and current.
• Manage arbitrage concerns and coordinate project timing with the City’s vendor to ensure compliance with federal and state regulations.
• Serve as a member of the Budget Committee, contributing to annual CIP planning and integration with the City’s operating budget.
• Monitor CIP-related debt to ensure compliance with Council appropriations and proper utilization of funds, maintaining records within the City’s ERP system (Oracle).
• Conduct financial analysis and modeling of various funding strategies to make recommendations on the viability of projects for funding.
• Manages, administers and provides oral and written communication to the Budget Committee, Executive Leadership Team, City Council, and community stakeholders, as required.
• Prepare clear, accurate, and comprehensive written documentation, including reports, analyses, and correspondence.
• Coordinate and participate in reporting to the Virginia Department of Transportation (VDOT) related to capital projects.
• Assist with debt issuance activities, including documentation, compliance, and reporting requirements.
• Oversee preparation and inclusion of the CIP Plan as part of the City’s Annual Budget Document and the Annual Consolidated Financial Report (ACFR).

Job description

City of Roanoke, Virginia is seeking an experienced CIP Finance Manager to oversee planning, oversight, monitoring, and reporting of the City’s capital projects. This exempt role ensures alignment with Council priorities and financial compliance, employing best practices in project and debt management.

The position collaborates with City departments and external partners to allocate resources effectively, keep projects on schedule and within budget, and maintain comprehensive financial and