ASSISTANT FINANCE DIRECTOR

City of Hobbs, NM

$92K — $105K *
Hobbs, NM 88240In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting required.
  • 2+ years of accounting experience essential.
  • Thorough understanding of accounting and auditing principles.
  • Proficient in internal control procedures and bookkeeping systems.
  • Knowledge of governmental accounting and GASB standards imperative.
  • Ability to perform complex financial analyses and reporting.

Responsibilities

  • Review and approve purchases to ensure compliance.
  • Oversee cash management and prepare journal entries.
  • Monitor daily cash flow and perform cash forecasting.
  • Ensure sufficient funds for check and payroll runs.
  • Develop monthly and quarterly reports for regulatory agencies.
  • Assist in coordinating the annual financial audit.
  • Supervise, train, and evaluate assigned staff in the finance department.

Benefits

  • 80% to 90% health insurance coverage for employees.
  • 100% short-term disability coverage provided by the city.
  • Employer retirement contributions ranging from 14.8% to 30.9%.
  • PTO accrual starting at 12 hours per month, increasing with service.
  • Bilingual pay incentive of $1,500 per year.
  • Education incentives up to $6,000 based on degree relevance.
  • Retention incentives of $600 per year with service.
  • 13 paid holidays and bereavement leave provided.
Full Job Description
Salary: $44.21 - $50.84 Hourly
Location : City Hall, 200 E. Broadway, Hobbs, NM
Job Type: Full Time Exempt
Job Number:
Department: FINANCE / PURCHASING
Opening Date: 08/06/2026

Description
GENERAL PURPOSE

Directs and coordinates the operations of procurement and accounts payable activities for the City of Hobbs. Assists in establishing and maintaining internal control procedures and assures that adequate accounting procedures are maintained.

Essential Duties

  • ESSENTIAL DUTIES

    • Reviews and approves purchases to ensure compliance with procurement guidelines.
    • Oversees cash management by reviewing and preparing journal entries to balance and close monthly books in general ledger, revenue and expense accounts.
    • Monitors and controls daily flow and performs forecasting for cash needs to ensure funds are invested adequately.
    • Assures an appropriate amount of money is available to cover weekly check runs and bi-weekly payroll runs.
    • Ensures all money is collateralized.
    • Develops and submits monthly and quarterly reports to various state and federal agencies.
    • Prepares recap sheets and reports for board meetings.
    • Assists in the coordination and implementation of the annual financial audit.
    • Prepares the City's formal responses to Governmental Accounting Standards Board (GASB).
    • Stays current with new GASB standards to determine how those standards apply to the City.
    • Stays current with governmental fund accounting, grant guidelines, and Department of Finance Administration (DFA) requirements.
    • Maintains communications with other departments to determine needs and address problems.
    • Coordinates departmental activities and explains departmental policies and procedures.
    • Researches, plans, coordinates and administers grant funds for a variety of grant projects.
    • Works with other departmental staff in preparing grant applications.
    • Supervises, directs, trains and evaluates the activities of assigned staff.
    • Interviews potential employees and makes recommendation for hiring and disciplinary actions.
    • Approves timesheets and leave requests.
    • Acts as a backup in the absence of the Finance Director.


    The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position.

    NON-ESSENTIAL DUTIES

    • Attend and participate in professional group meetings; stay current of new trends and innovations.
    • May serve on various employee committees, as required and assigned.

Minimum Qualifications
This position is subject to the City of Hobbs' Drug and Alcohol Testing Policy which includes one or more of the following: pre-employment testing, post-accident testing, random testing, Reasonable suspicion testing, return to duty testing and follow-up testing.

MINIMUM QUALIFICATIONS

Education and Experience:
  • Graduation from an accredited college or university with a Bachelor's degree in accounting plus two years accounting experience required.


Knowledge, Skills, and Abilities:

  • Thorough knowledge of generally accepted accounting theory, principals, and practices, auditing theory and practices, governmental and non-profit accounting, internal control procedures, bookkeeping and accounting procedures and systems, including computer applications.
  • Knowledge of principles and practices of administration and organizational theory.
  • Knowledge of research techniques, methods, and procedures.
  • Ability to perform a broad range of supervisory responsibilities over others.
  • Ability to analyze, interpret, and report research findings, recommend and take appropriate action.
  • Ability to perform financial investment analysis.
  • Ability to prepare difficult and complex financial and administrative reports.
  • Ability to maintain effective accounting procedures.

  • Ability to carry out assigned projects to their completion.

  • Ability to work independently and to complete daily activities according to work schedule.

  • Ability to effectively communicate orally and in writing.

  • Ability to understand, follow and transmit written and oral instructions.

  • Ability to establish and maintain effective working relationships with Finance Department staff, other City Departments, and general public.


LICENSING AND CERTIFICATIONS
  • Valid state issued driver's license
  • Must also be actively striving to obtain the knowledge base equivalent to a Certified Public Accountant (CPA) candidate or a Certified Government Finance Officer (CGFO) candidate.
  • Maintain any current licenses or certifications
  • Ability to obtain any additional required licenses or certifications as per licensing authority.


SUPERVISION RECEIVED
Works under the general supervision of the Finance Director.
SUPERVISION EXERCISED

Exercises supervision over assigned personnel either directly or through subordinate supervisory staff.

Physical Demands & Work Environment

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit and talk or hear, use hands to finger, handle, or feel objects, tools, or controls, and reach with hands and arms. The employee is occasionally required to walk.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually quiet.
  • The City of Hobbs will provide 80% to 90% Heath Insurance Coverage from Single to Family coverage.
  • Employees are eligible for 100% short-term disability coverage provided by the City of Hobbs.
  • Employer PERA contributions 14.8% for general, 28.775% for HPD, 30.9% for HFD.
  • CDL pay - $6,000 per year (if applicable).
  • PTO accruals start at 12 hours per month (144 hours per year) and progressively increase based on years of service to 20 hours per month (240 hours per year) at year 21.
  • Bilingual Pay - $1,500 dollar incentive per year upon completion of yearly proficiency test.
  • Education Incentive - ($1,000, $4,000, $6,000 dollars - Associates, Bachelor's, Masters; degree must be relevant to position and above the current minimum requirements of the held position).
  • Longevity Pay - Begins at the completion of 10 years of service. Gradually increased.
  • Retention Incentive - $600 incentive yearly with years 1-9 of completed service
  • 13 Paid Holidays.
  • Bereavement Leave - 5 days per calendar year per personnel rules guidelines.
  • Military Leave - (120 hours per year for general, 183.75 per year for HPD, 360 hours per year for HFD).

01

Do you possess a Bachelor's degree in accounting or related field?
  • Yes
  • No

02

How many years of compensable accounting work experience do you have? Please list the name of the employer where you received the experience.
03

Please describe in detail your knowledge of general accounting principles.
04

Have you obtained your Certified Public Accountant (CPA) certification? If so please attached to the application.
  • Yes
  • No

Required Question

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