Financial Analyst IV

Minimum Qualifications

• Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics plus five (5) years’ experience in a related field.
• A Master’s degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field may be substituted for 2 years’ experience.
• A five (5) year accounting (MAcy) degree or CPA designation may be substituted for 1 years’ experience.

Licenses or Certifications:

• None

Notes to Applicants

This position will support the City of Austin - Austin Transportation and Public Works Department Finance Division. This role will be responsible for development, monitoring, reporting, and guiding division managers and work group managers on the department operating budget and financial forecast, including both revenue and expense budgets. This position will also be responsible for tracking expenses and preparing interdepartmental billings for reimbursement, as well as assist with revenue/fee analysis. This role requires experience with reporting on large data sets and communicating complex information and ideas in easily understood ways. The ideal candidate should have strong analytical, interpersonal, and time management skills.

The Austin Transportation and Public works Department is a highly reliable organization that builds and maintains infrastructure for our community. Our vision is for Austin to be the model for safe, reliable, and sustainable transportation. We value safety, unity, reliability, accountability, integrity, community, and employee fulfillment.

Working for the City of Austin also provides a number health and welfare benefits such as low-cost medical, dental, vision, paid leave time, a highly competitive retirement plan, career development opportunities and more. For more information on City of Austin Benefits click here .


To watch a video about Austin Transportation and Public Works, click here.


Applicant: READ THIS STATEMENT Regarding your Application:


A detailed and complete employment application is required to help us better evaluate your qualifications and will be used to determine salary if you are selected for this position. Please list your complete employment history on this application (to include all job duties responsibilities and employment dates) on your online application. The application is an official document; incomplete applications will not be considered (e.g., “see resume” or “see Linked In Profile”). Resumes will not be used to qualify for the position and will not be used to recommend salary.

Criminal Background Investigation ( CBI ):
This position will require a Financial CBI .

Assessment:

This position may require a skills assessment.

Close Job Posting:

Department may close the job posting at any time after 7 days.

90 Day Provision for Additional Vacancy:

This posting may be used to fill other vacancies in other sections within the Division. Decisions on assigned section will be made at the time of hire based on business needs.

Office Location Notes:

Office location is subject to change based on department needs and programs.

Austin Transportation positions are not at 100% remote operation.


Video Conferencing Software Technology:

Austin Transportation Department uses the communication platform, Microsoft Teams, to conduct virtual interviews.

Pay Range
$37.63 - $47.98
Hours
Monday through Friday
8:00 a.m. to 5:00 p.m.
Hours may vary based on business needs.
Job Close Date 11/14/2024 Type of Posting External Department Transportation & Public Works Regular/Temporary Regular Grant Funded or Pooled Position Not Applicable Category Professional Location 5202 E Ben White Blvd, Austin TX 78741 Preferred Qualifications

• Experience developing, analyzing, and writing financial reports.
• Experience with financial forecasting, financial reconciliation, and operating budget development and management.
• Experience providing leadership and peer review of work.
• Experience with financial software such as AIMS , e-Capris, e-Combs, MicroStrategy, or other related financial and/or business intelligence software system.
• Experience in developing policies and procedures to ensure internal controls are in place.
• Proficiency in Microsoft Office Suite, specifically Microsoft Excel, Outlook and Access.

Duties, Functions and Responsibilities
Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

Develops and prepares reports, analyses, and models used in revenue and economic forecasts and budgets. Develops and completes cost of service rate and structure recommendations, rate studies, and methodology analysis to comply with State regulatory requirements using multiple variables. Primarily responsible for developing the operating or CIP budget for the department. Performs budget analysis by implementing the organization’s budget process system, providing guidance and recommendations to management in the development and completion of their budgets; finalizing the organizations budget; and monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances; reviewing budget forecasts; and reviewing current and historical budget information and data. Prepares complex financial analysis, periodic and ad-hoc reports by researching, financial benchmark reporting, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems. Develops and prepares reports, analyses, and models to analyze debt issuances, bond issuance timing, Official Statement updates, calculate debt service requirements, equity financing ratios, cash reserve requirements, revenue bond debt refunding, rating agency presentations and other debt related requirements. Performs debt administration, impact analysis and monitors debt service schedules. Provides financial support and monitors CIP projects. Processes and tracks task orders and other project requirements in eCAPRIS and other financial systems. Develop and maintain complex databases to conduct comprehensive financial and technical analysis, and develop models and reports in Business Intelligence system to support and monitor performance and financial benchmarks. Develop complex reports and documentation in compliance with local, State and Federal regulatory requirements. Conduct cost analysis, financial and performance benchmarking with other entities and assist in development of expert testimony. Assists departments and other customers by providing procedural and financial information and guidance with financial systems. Researches and provides information requested by City Council, City management, boards and commissions, vendors, the public, regulatory agencies and other City offices. Monitors state and federal regulatory processes and provides guidance to the department regarding the financial impact of new and/or proposed legislation, regulations and standards.

Responsibilities- Supervision and/or Leadership Exercised:

• May be responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal

Knowledge, Skills and Abilities
Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

• Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
• Knowledge of the processes and theories used for public budgetary and financial policies.
• Knowledge of accounting practices and concepts.
• Knowledge of utility ratemaking and cost of service study methodology.
• Knowledge of debt instruments, cash management and utility financing methods.
• Knowledge of forecasting models; econometric studies, analysis and forecasting; and estimating methods and techniques.
• Knowledge of cost benefit analysis, feasibility studies and net present value analysis methods.
• Knowledge of enterprise budgeting, financial planning or accounting.
• Knowledge of research methods, survey techniques, statistical concepts and report writing.
• Ability to complete detailed financial and economic analyses.
• Ability to lead and/or facilitate meetings and workshops.
• Ability to work independently.
• Skill in generating and analyzing financial and statistical reports.
• Skill in communicating effectively, orally and in writing.
• Skill in using computers and related software applications.
• Skill in performing quantitative analysis.

Criminal Background Investigation This position has been approved for a Criminal Background Investigation. EEO/ADA
City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.

The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual’s AIDS , AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.

Information For City Employees: If you are an employee within the department, are in good standing and meet both the minimum and preferred qualifications, then you will receive an initial interview.

Supplemental Questions

Required fields are indicated with an asterisk (*).
* This position requires Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics plus five (5) years’ experience in a related field. A Master’s degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field may be substituted for 2 years’ experience. A five (5) year accounting (MAcy) degree or CPA designation may be substituted for 1 years’ experience. Do you meet these minimum qualifications?

• Yes
• No

* Briefly describe how you meet the minimum qualifications and educational requirements.
(Open Ended Question)
* Due to the responsibilities, this position requires a financial Criminal Background Investigation (CBI). By selecting the following, you are acknowledging that you understand if you are selected as a top candidate for this position, you will need a successful Financial CBI to be hired.

• I acknowledge and understand this position requires a Criminal Background Investigation.

* How many years of experience do you have in capital budget development and management, financial forecasting and reporting, grant management, or other forecasting and analysis experience for a utility, governmental entity, or other similarly regulated entity?

• No Experience
• Less than 3 years
• Between 3 and 6 years
• 6 or more years

* Please describe your experience directly managing, analyzing, and reporting on department operating and capital budgets.
(Open Ended Question)
* Which of the following best describes your proficiency with Microsoft Excel?

• No experience
• Basic: create/edit simple spreadsheets, sort data, enter formulas
• Intermediate: create/edit spreadsheets, create charts/graphs from spreadsheet data, hide and unhide rows/columns, use basic functions such as SUM, AVERAGE, and COUNT
• Advanced: develop complex spreadsheets, create charts/graphs/tables, import data from external databases, use AutoFilter to analyze data, use complex functions/formulas for math & logic equations

* Do you have experience with AIMS, eCOMBS, and Microstrategy

• Extensive in all three
• Proficient in at least two
• Proficient in at least one
• None

* Summarize your experience in AIMS, eCOMBS, and MicroStrategy and give an example of how you have used each? If you have no experience in these systems, please summarize your experience with accounting systems, budget systems, and data reporting systems.
(Open Ended Question)
* Describe your professional experience with communication and interpersonal skills used in collaborating with many different work groups, contractors, or other stakeholders. Include detail regarding specific correspondence, training and/or presentations you have prepared and presented. Include the typical audience size and whether presentations were conducted in person and/or virtual.
(Open Ended Question)
* If selected for this position, the relevant work history on your application is used to determine your rate of pay. Your submission of a complete application is critical to the pay calculation. Your overall relevant experience from your employment application will be used in this calculation, not the resume or cover letter. Do you understand these statements?

• Yes
• No

* How did you hear about this opportunity? Example: Job board (please specify), Career Fair (please specify), 3rd party recruiting firm, etc.
(Open Ended Question)


Optional & Required Documents

Required Documents Cover Letter Resume Optional Documents

• 

• City of Austin

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