Financial Analyst IV Job at City of Austin – 4.1 in Austin, TX
Job Requisition Number COA083027
Position Number 104521
Job Type Full-Time
Division Name Financial Management
Education and/or Equivalent Experience:
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:
Notes to Applicants
This position works in a team environment with a common purpose for which its team members are mutually accountable to each other. This is maintained through peer reviews and rotating job responsibilities to insure an understanding of how each team member contributes to the shared goal, promote City of Austin competencies, and to support professional growth and development opportunities. The person in the Financial Analyst IV position will rotate duties periodically between finance/accounting: however, the position will focus mainly on financial functions, such as:
Developing financial budgets
Performing complex financial analysis
Providing financial support and monitoring project budgets
Working with Austin Water provides a number of benefits including medical, paid leave time, a great retirement plan, training opportunities and more! Click HERE for more information.
When completing the City of Austin employment application:
Please be sure to detail on the application all previous employment that you wish to be considered as part of your qualifications.
A detailed, complete employment application is required. It helps us to better evaluate your qualifications and will be used to determine salary if you are selected for this position. Be sure to provide job title and employment dates for all jobs you wish to be considered.
A resume is required, but will not substitute for a complete employment application. Incomplete applications will not be considered. Please include contact information from previous employers.
If you are selected to interview:
Your skill level in some of the competency areas for this job – specifically Microsoft Excel and Analytical Skills – will be assessed through skills testing with a required minimum passing score of 70%.
If you are selected for hire:
Verification of your education (which may include high school graduation or GED, undergraduate and/or graduate degrees) is required. You must provide proof of education from an accredited organization or institution. You must also provide proof of your professional licenses or certifications.
If you are in the military or are a military veteran, you will need to provide a copy of the Member 4 page of your DD-214 prior to confirming a start date.
A criminal background investigation is required.
If you are selected for this position, and meet the Driver Safety Standards in the City of Austin Driver Safety Program, you may drive when necessary to multiple locations as part of your regular job duties. Otherwise, you are responsible for getting to and from these locations.
Effective October 1, 2014, all Austin Water worksite locations are tobacco-free. Use of tobacco products and/or e-cigarettes is not permitted on any AW worksite – including construction sites, parking lot, garage or in any personal vehicle located on the premises.
$33.36 – $43.36
8:00 AM – 5:00 PM Monday thru Friday, with limited flexibility.
Job Close Date
Type of Posting External
Department Austin Water Utility
Grant Funded or Pooled Position Not Applicable
Location Waller Creek Center, 625 East 10th Street, Austin, TX 78701
Experience developing, analyzing, and writing financial reports
Experience with financial reconciliation, financial forecasting, debt/commercial paper management, and cash reserve requirements
Experience in budgeting, spending, appropriation, planning, accounting expenditures
Experience with researching and providing guidance on federal and state legislation, regulations, and standards
Experience providing leadership and peer review of work
Experience with financial software such as AIMS, e-Capris, Microstrategy, or other related financial and/or business intelligence software system
Experience developing/implementing financial-related processes and procedures
Proficiency in Microsoft Office Suite 2016, specifically Microsoft Excel, Outlook and Access
Ability to travel to more than one work location
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.
City of Austin is committed to compliance with the American 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 TTY (512) 974-2445.
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.
About the Company
Company: City of Austin – 4.1
Company Location: Austin, TX