CIP Finance Manager

DEPARTMENT OF FINANCE

JOB SUMMARY

The Capital Improvement Program (CIP) Finance Manager is responsible for the planning, oversight, monitoring, and reporting of the City of Roanoke’s capital projects. This position ensures capital projects are managed in alignment with City Council priorities, financial compliance, and best practices in project and debt management. The CIP Finance Manager will collaborate with City departments, Finance staff, and external partners to ensure capital resources are strategically allocated, projects remain on schedule and within budget, and financial and regulatory documentation is properly maintained.

To elevate the performance of the organization, we are committed to respecting, celebrating, and embracing the collective mixture of differences and similarities between our employees as a rich tapestry. Our behaviors will demonstrate open communication, and we will seek opportunities to learn, recognizing and rewarding actions that promote acceptance while suspending judgment. By doing this, we will foster an inclusive, open work environment that delivers excellent service and creates a more vibrant and inviting community.

This is an exempt position.

The City of Roanoke is an Equal Employment Opportunity/AA/M/F/Disability Employer.

To elevate the performance of the organization, we are committed to respecting, celebrating, and embracing the collective mixture of differences and similarities between our employees as a rich tapestry. Our behaviors will demonstrate open communication, and we will seek opportunities to learn, recognizing and rewarding actions that promote acceptance while suspending judgment. By doing this, we will foster an inclusive, open work environment that delivers excellent service and creates a more vibrant and inviting community.

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 (e.g., Davenport) 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).

This job may have supervisory responsibilities.

Strong knowledge of municipal budgeting, debt management,…