Hercules Cummings
Director of Finance | MBA | MSA | PMP | SHRM-CP | CSM®| CSSBB
- Role
- Director of Finance at City Of Williston, North Dakota
- Location
- Williston, ND, US
- LinkedIn followers
- 500 followers
About Hercules Cummings
As a highly accomplished and results-oriented financial executive, I excel in roles that…
Experience
Director of Finance
City Of Williston, North Dakota
Jan 2020 — Present · Williston, ND, US
Spearheaded the financial strategy and operations for a $190 million annual budget, providing strategic counsel to the Finance Commissioner, Mayor, City Commission, and City Administrator.Developed and implemented financial models, capital allocation frameworks, risk analysis protocols, and strategic revenue diversification initiatives, resulting in optimized revenue growth and enhanced financial transparency.Led the development and implementation of robust financial reporting systems, significantly improving transparency and accountability.Consistently achieved successful year-end audits and maintained an A+ credit rating with rating agencies, demonstrating a commitment to financial integrity and sound fiscal management.Ensured compliance with all applicable local, state, and federal regulations.Cultivated and maintained strong investor relations, effectively managing debt obligations, including coverage ratios and liquidity requirements.Secured significant funding for critical infrastructure projects, including a $119 million USDA loan for the XWA International Airport and $30 million for the Public Works facility.Conducted comprehensive revenue analysis, financial modeling, and rate studies, generating over $3 million in annual residual cash flow.Drove innovation by positioning the City as a leader in adopting emerging financial technologies, including cryptocurrency payments for utility bills,a government-sponsored digital asset machine, and exploration of municipal debt tokenization.Developed and implemented key financial policies, including investment, debt management, anti-fraud, accounts payable/receivable, capital investment, minimum reserve, procurement, and credit card policies.Oversaw all aspects of accounting, finance, treasury, utility billing, payroll, special assessments, debt management, revenue collection, and auditing.Implemented improved cash flow management through the development and execution of effective debt collection policies.
Education
West Texas A&M University
Master's degree, Finance and Economics
2020 — 2021
Simplilearn Alumni
CERTIFICATION, International Association for Six Sigma Certification GREEN BELT LEAN SIX SIGMA
2016 — 2016
Well Control School
Drilling and Workover Rig Well Control Certification
2013 — 2014
Colorado Technical University
Master of Science (MS), Accounting
2017 — 2018
Villanova University
Certification, Master Black Belt Lean Six Sigma
2017 — 2018
Villanova University
Certification, Business Analyst
2012 — 2013
Nuclear Power School - Naval Nuclear Power Training Command (NNPTC)
Naval Nuclear Propulsion and Science
2000 — 2002
LINCS - Supply Chain Management
SCPro™ Fundamentals certification, #LINCSprinciples.
2016 — 2016
Excelsior University
Bachelor's Degree, Nuclear Science in Technology
2006 — 2010
Villanova University
Certification, Project Management
2012 — 2013
University of Phoenix
Master of Business Administration (M.B.A.), Business Administration and Management, General
2010 — 2012
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