Financial Analyst II
JOB SUMMARY:
Manages, coordinates and directs a wide range of financial services including accounting, grants, treasury, budget development and implementation, long-range financial forecasting, and financial analysis.
Incumbents in this class perform complex technical, financial and statistical analyses associated with a variety of City programs and initiatives, including the preparation of financial statements, from the development, approval, implementation and monitoring of the City’s operating and capital budgets to the development of long-range financial forecasts, analysis of capital development and financing alternatives, implementation of automated systems, administering grants, debt management and cash management.
DISTINGUISHING CHARACTERISTICS:
Financial Analyst II:
- This is the intermediate level class in the Financial Analyst series. Under general supervision, employees in this class are distinguished from a Financial Analyst I by the performance of the full range of duties as assigned including preparing budgets and financial forecasts, preparing financial statements, administering grants, more difficult and complex analyses on issues of significant impact for the City and implementation of integrated financial systems. Employees in this class may supervise a small unit of professional employees performing related work. Positions in this class are normally filled by advancement from the level I, or filled by candidates with prior experience.
- Plan, direct and participate in the analysis and preparation of financial statements, budget documents and a variety of financial and grant reports.
- Compile and prepare the City’s annual budget; prepare cash flow and expenditure projections; provide personnel costs from salary projections. Prepare statistical financial projections; prepare necessary work papers for annual budget.
- Coordinate the collections and refinement of the City budget, special funds and grants; produce various budget related forecasts and reports.
- Serve as financial resource to City departments; act as liaison between the division of assignment and grantors; provide information regarding a variety of accounts, revenues and expenditures.
- Recommend secure and liquid investments for the City’s various funds and accounts; examine, reconcile and document bank trust statements against City books; analyze cash flow and disbursement to recommend the buying or selling of an investment.
- Analyze, account for and audit grant monies and special revenues received by the City; process requests for funds and obtained authorized signature of approval.
- Provide technical assistance and training to City staff in matters related to financial accounting and budget administration.
- Monitor various accounts verifying availability of funds and classification of expenditures; research and analyze transactions to resolve problems.
- Develop and implement strategies designed to improve program effectiveness and efficiency. Examine emerging technologies for application to existing processes and procedures; recommend changes and assist in implementation of changes.
- Develop and administer budgets for special programs or projects; respond to inquiries relative to area of assignment; monitor funding requirements for special projects.
- Assist with bond issues and other debt issuances.
- Provide functional and technical supervision related to accounting or budget development.
- Review and analyze processes, systems, procedures, records, forms, reports and controls for compliance with accepted accounting, budget and resource management standards.
- Attend and participate in committees and professional group meetings; stay current with new trends, best practices and innovations in matters relating to assigned duties and projects.
- Conduct training and provide meeting facilitation for focus groups on budget development and management, and process improvement issues.
- Supervises staff engaged in performing complex technical, financial and statistical analyses associated with a variety of significant City-wide programs and initiatives, ranging from development, approval and implementation of the operating and capital budgets to development of long range financial forecasts and analysis of capital development and financing alternatives.
- Perform special assignments as requested, to include researching and preparing reports and projects, developing and implementing programs, administering state and federal grants, and presenting technical data to management, elected officials and others.
- Lead, plan, train and review the work of staff responsible for financial analysis, budget analysis, investments, grant administration and accounting.
- Provide information, advice, feedback or assistance to others within the division to refine work outputs or resolve problems.
- Confer with upper management to keep them informed on key issues and progress toward objectives and to gain their support and approval; makes recommendations to assist management in making needed improvements.
- Communicate with others outside their work areas to coordinate efforts and maintain cooperative and efficient relations.
- Attend and participate in staff meetings; complete required forms and paperwork; prepare work program and report work progress periodically.
- Performs related duties as assigned.
MINIMUM QUALIFICATIONS REQUIRED:
Education and Experience:
- Bachelor’s degree in business or public administration, accounting, economics, finance or closely related field.
- Four years increasingly responsible professional experience in accounting, auditing or budgeting experience.
- Experience in a public agency setting, programmatic or project lead experience and implementation of computer software packages preferred.
Equivalency: Eight years of progressively responsible professional experience in accounting, auditing or budgeting may be substituted for the education and experience above. Experience in a public agency setting, programmatic or project lead experience and implementation of computer software packages preferred. CPA and/or MPA/MBA preferred.
Licenses and Certifications:
- Must possess a valid state driver's license and maintain satisfactory motor vehicle record with the ability to obtain appropriate Nevada state driver’s license within required time frame.
Knowledge:
- Advanced technical knowledge of fund accounting and governmental budgetary procedures.
- Advanced principles of mathematics as they relate to budgeting, accounting, auditing.
- Rules, regulations, policies, and procedures applicable to the area of work.
- Principles, practices, and procedures for modern financial record keeping and reporting.
- Financial research and report preparation methods and techniques.
- Applicable, federal, state, and local laws and ordinances.
- Working knowledge of current payroll laws and regulations.
- Standard office practices and procedures, including filing and the operation of standard office equipment.
- Correct business English, including spelling, grammar and punctuation.
- The use of specified computer applications including Oracle, Excel, word processing; the design and management of databases and spreadsheet files; and the development of special report formats.
- Advanced professional budgetary practices and terminology.
- Advanced professional practices of reviewing financial documents for completeness and accuracy.
Skill:
- Analytical abilities necessary to make sound, logical interpretations of codes and regulations that must be made quickly.
- Exercise sound judgment required to act in best interest of jurisdiction.
- Organizing and prioritizing tasks.
- Skills necessary to perform numerical calculations to obtain totals, balances and verify information from complex forms and transfer to computers or manual reports.
- Performing technical, specialized, complex or difficult financial office work.
- Reading and explaining rules, policies and procedures; analyzing and resolving varied financial office administrative problems.
- Organizing, researching and maintaining financial files.
- Imputing budget information into a standard budget document format.
- Reviewing financial documents for completeness and accuracy.
- Reviewing, posting, balancing and reconciling financial records.
- Maintaining accurate financial records and preparing accurate and timely reports.
- Using independent judgment on issues which are complex, interpretive and evaluative in nature.
- Organizing own work, setting priorities and meeting critical deadlines.
- Using advance features of financial computer software, Excel spreadsheets, and Oracle payroll and accounting systems.
- Interpersonal skills necessary to effectively interact with internal staff, citizens, contractors, and/or government agencies in such areas as supervising project work, responding to citizens' questions, and consulting with others.