Capital Budget Manager

City of Stamford, CT

• $116K — $149K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, business administration, public administration, economics, or a related field required.
  • 5-7 years of progressive experience in financial analysis and budget management required.
  • Experience with complex financial systems and database management is essential.
  • Advanced proficiency in Microsoft Excel is required, along with knowledge of standard office applications.
  • Master's degree in business administration or a related field preferred.

Responsibilities

  • Manage the preparation of the capital budget from initial requests to final adoption.
  • Assist the Mayor and boards in developing and advising on the capital budget.
  • Assess funding needs for capital projects and recommend sources.
  • Consult with the City’s bond consultant on financing matters.
  • Monitor capital projects for funding availability and compliance.
  • Prepare quarterly capital spending reports and year-end audit materials.
  • Collaborate with cross-functional teams on project performance and decision-making.

Benefits

  • Comprehensive health, vision, and dental coverage.
  • Defined benefit and/or contribution pension plans.
  • Free term life insurance and flexible spending accounts.
  • Sick bank and tuition reimbursement opportunities.
  • Access to training programs through the City of Stamford Training Institute.
Full Job Description
Salary : $116,924.00 - $149,971.00 Annually
Location : 888 Washington Blvd., Stamford, CT
Job Type: Full Time
Department: Office of Administration
Division: OPM
Opening Date: 09/26/2026
Closing Date: 10/23/2026 11:59 PM Eastern
Bargaining Unit: MAA

JOB SUMMARY

Under the general direction of the Director of the Office of Policy and Management, or designee, the Capital Budget Manager independently manages the City's capital and project budgeting processes. The position conducts complex fiscal, operational, and management studies; analyzes City programs, operations, and policies; maintains and updates budget-related information systems; and assists departments in managing capital project funding, controlling costs, improving efficiency, and strengthening internal controls. Performs other related duties as required.
EXAMPLES OF DUTIES

  • Manages and coordinates preparation of the capital budget from initial departmental requests through final adoption, including Planning Board review and recommendations.
  • Assists the Mayor in developing the proposed capital budget and advises the Board of Finance and Board of Representatives during their review and adoption of the budget.
  • Assesses capital project funding needs and recommends appropriate funding sources, including bond proceeds and capital nonrecurring funds.
  • Consults with the City's bond consultant regarding capital and bond-issuance resolutions and related financing matters.
  • Monitors approved and funded capital projects; reviews requisitions for funding availability, required approvals, and validity; ensures requests do not exceed authorized funding; and coordinates funding increases and project closeouts when appropriate.
  • Prepares quarterly capital spending reports for the Director of the Office of Policy and Management, or designee, and the Controller's Office; prepares capital schedules and other materials required for the year-end audit.
  • Assists in preparing annual budget books and related reports for the operating, special revenue, capital, and WPCA budgets.
  • Prepares quarterly capital expenditure projections and analyses for the Director of the Office of Policy and Management, or designee, the Mayor, Board of Finance, Board of Representatives, Investment Advisory Committee, and Planning Board.
  • Reviews the original capital budget and subsequent budget adjustments in Oracle, including grants, and verifies compliance with applicable financial policies and procedures.
  • Reviews, maintains, and reconciles Oracle Project Portfolio Management (PPM), the project subledger.
  • Prepares ad hoc reports and analyses and responds to information requests from the Mayor, elected officials, and City administration.
  • Analyzes annual, quarterly, and off-cycle capital investment opportunities; develops detailed financial models; and provides evidence-based recommendations to the Director, or designee.
  • Collaborates with cross-functional teams to monitor project performance and support data-informed decision-making.
  • Attends regular and special meetings of the Board of Finance, Board of Representatives, and Planning Board, as required.
  • Assists in preparing journal entries and performs related tasks necessary for monthly and year-end closing activities.
  • Develops, documents, and maintains procedures for all related processes.
  • Supervises the Mail and Duplicating Department.

KNOWLEDGE, SKILLS, ABILITIES AND OTHER ATTRIBUTES

  • Advanced proficiency with software used for fiscal analysis, including Microsoft Excel, Access, Word, PowerPoint, SQL, databases, and related applications.
  • Thorough knowledge of the principles, methods, and practices of public administration, municipal finance, budgeting, and auditing.
  • Thorough knowledge of applicable laws, ordinances, regulations, and policies governing municipal finance and budgeting.
  • Working knowledge of financial recordkeeping, reporting, and records management principles and procedures.
  • Ability to manage projects from initiation through completion; analyze organizational programs; conduct studies; and identify effective solutions.
  • Ability to design and administer statistically valid survey instruments and perform statistical analyses.
  • Ability to represent the department effectively at meetings with elected and appointed boards.
  • Ability to understand, interpret, and apply fiscal and budgetary requirements, procedures, and policies.
  • Ability to prepare and present complex oral and written reports and interpret complex material.
  • Ability to communicate effectively, orally and in writing, with department directors, employees, elected officials, appointed officials, and the public.
  • Ability to establish and maintain effective working relationships.
  • Supervisory and leadership skills are necessary to guide, motivate, and support team members.

MINIMUM QUALIFICATIONS

Graduation from an accredited college or university with a bachelor's degree in finance, accounting, business administration, public administration, economics, or a related field; and five to seven years of progressively responsible experience analyzing and interpreting data, developing financial models and forecasts, and making fact-based recommendations.
Experience with complex financial systems and database management is required, including the ability to manage large data sets and clearly identify, report, and present key findings. Demonstrated experience supporting significant operational decisions with high-quality financial analysis is also required.
A master's degree in business administration or a related field is preferred.
Advanced proficiency in Microsoft Excel and proficiency in standard desktop applications, including Word and PowerPoint, are required.
Scope of Examination: Qualified applicants will be evaluated, scored, and ranked based on the level and quality of their related experience, education, and training, as documented in the application and supplemental questions.
The City of Stamford offers a comprehensive benefits package that includes; health, vision, dental, defined benefit and/or defined contribution pension plans, free term life insurance, flexible spending accounts for healthcare, dependent care and commuter benefits. Sick bank and tuition reimbursement as well as training from the City of Stamford Training Institute.

Specific information regarding benefits are outlined in each Collective Bargaining Agreement or in the Pay Plan Document for pay plan employees.

Please click here for Union Contracts:

If the position is a seasonal/temporary position, it is not eligible for union benefits.
01

Indicate your highest level of education completed and identify your major or field of study.
  • Associate degree
  • Bachelor's degree
  • Master's degree
  • Other

02

Describe your professional experience developing, analyzing, coordinating, or monitoring a capital budget or multi-year capital improvement plan. Include the types of projects or programs involved and your specific responsibilities.
03

Describe your experience conducting financial analyses, developing financial models, preparing forecasts or projections, and using the results to support organizational or operational decisions. Provide at least one specific example.
04

Describe your experience monitoring budgets, appropriations, expenditures, encumbrances, funding balances, or other financial activity. Explain how you identified discrepancies, funding issues, or potential budget problems and what action you took.
05

Describe your experience using financial management systems, databases, or other technology to maintain, reconcile, analyze, and report financial information. Identify the systems or applications you have used and describe the type and volume of information you managed.
06

Describe your level of experience using Microsoft Excel for financial or operational analysis. Identify the functions or tools you regularly use, such as formulas, pivot tables, lookups, data validation, charts, or other analytical tools, and provide an example of how you used Excel to solve a business problem or support a decision.
07

Describe your experience with public administration, municipal finance, governmental budgeting, auditing, or financial policies and procedures. If your experience is in the private sector, explain how your experience relates to the financial management responsibilities of a municipal organization.
08

Describe a significant project you managed from initiation through completion. Explain how you established priorities, monitored progress, addressed issues, analyzed alternatives, and measured or reported results.
09

Describe your experience preparing complex financial reports, analyses, projections, or recommendations for senior management, elected or appointed officials, boards, committees, or other decision-makers. Include your experience presenting or explaining complex financial information to individuals who may not have a financial background.
10

Describe your experience interpreting and applying laws, regulations, policies, procedures, or internal controls related to budgeting, finance, accounting, auditing, or public funds. Provide an example of how you applied such requirements to a specific situation.
11

Describe your experience using statistical methods, surveys, data analysis, or other quantitative techniques to evaluate information and support organizational decisions. Identify the tools or methods you used and explain the purpose and outcome of the analysis.
12

Describe your experience supervising, directing, training, or supporting the work of employees or teams. Include the number and types of employees involved, your responsibilities, and how you addressed performance, workload, or operational issues.
Required Question

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