Sound Transit SENIOR FINANCIAL BUDGET ANALYST – CAPITAL Job #18-01287
SALARY: $70,504.00 – $88,130.00 Annually
OPENING DATE: 01/23/18 CLOSING DATE: 02/13/18, 5:00 PM
GENERAL PURPOSE: Under general direction, performs a variety of budgetary and financial analysis work in support of assigned divisions or capital projects within the Agency. Works collaboratively with other internal organizations to develop annual budgets and long-range budget forecasts, analyzes and reports on budget performance on a monthly and quarterly basis. Reviews and comments on Agency agreements as to the potential financial impacts. Prepares ad-hoc financial analyses in support of executive decision-making. Develops fiscal information section of staff reports for all Agency motions and resolutions to confirm affordability and highlight potential financial risks. Provides professional support and assistance to the budget manager and budget function as a whole, with a range of financial analysis and reporting activities.
**THIS JOB POSTING MAY BE USED TO FILL MULTIPLE POSITIONS
ESSENTIAL FUNCTIONS: The following duties ARE NOT intended to serve as a comprehensive list of all duties performed by all employees in this classification, only a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties. • Produces accurate and timely capital and operating budgets for assigned projects or divisions that reflect the priorities of the Board and are consistent with Agency financial policies and develops analytical materials to assist executive team in review of budget requests. • Contributes to development of annual budget and capital improvement plan documents. • Provides a full range of budgetary services to assigned divisions and capital projects; identifies and resolves financial and budgetary issues and problems including reviewing and approving financial transactions. • Provides timely, accurate and concise monthly, quarterly, and ad-hoc budget-to-actual and variance reports for assigned divisions and capital projects. • Assists in the production of other budget and financial related reporting as requested. • Presents financial data at the required financial review meetings; and responds to requests for information and data from internal and external audiences. • Stays current on Sound Transit budget, accounting, and reporting systems and related tools and methods and procedures as it relates to the budget analyst role. • Assists in creating and maintaining a financial management system in compliance with Board policies and public accountability. • Monitors all expenses/outlays and provides/reviews/approves account codes for assigned operating and capital project budgets; approves purchase requisitions and check requests, and researches and resolves any incorrect or inaccurate transactions/account coding. • Displays proficiency in oral and written business communications including presentations, leading discussions, facilitating meetings, and the ability to synthesize and articulate summary points from complex data and information. • Provides support to the Budget Manager and Budget Director on other matters as directed; contributes to the divisions goals and objectives; documents and develops policy as directed; ensures processes, policies and practices are interpreted and applied consistently and effectively; ensures accountability and compliance with all current and applicable state and federal laws, Agency policies and procedures, rules and regulations; and understands and keeps abreast of industry trends. • It is the responsibility of all employees to follow the Agency safety rules, regulations, and procedures pertaining to their assigned duties and responsibilities, which could include systems, operations, and/or other employees. • It is the responsibility of all employees to integrate sustainability into everyday business practices. • Other duties as assigned.
MINIMUM QUALIFICATIONS: Education and Experience: Bachelor's Degree in finance, accounting, economics, business administration, mathematics, or closely related field and five years of financial analyst experience that includes developing and monitoring budgets and capital project controls (cost and scheduling) in a medium to large organization; OR an equivalent combination of education and experience.
Required Licenses or Certifications: None.
• Required Knowledge of: • Basic operations, services, and activities of a budget program including development, monitoring, forecasting and preparing variance analysis reports. • General accounting principles and practices, chart of accounts, and financial statements. • External and management reporting requirements and report preparation. • Analysis: Principles of financial analysis, cash flow modeling, and cost forecasting, preferably, as it relates to large-scale capital projects. • Automated financial systems: budgeting, financial planning and forecasting, and accounting. • Engineering and construction estimates, methods and practices.
Required Skill in: • Being self-motivated/taking the initiative to learn, gain understanding of how things work and provide value-added improvements or additions. • Applying appropriate research, analysis, judgment, and logic when solving problems and the appropriate communication methods when presenting results. • Analyzing and synthesizing information in a concise manner. • Responding to inquiries clearly and concisely using effective oral and written communication. • Utilizing quality control techniques related to final product completion to ensure accurate results. • Setting objectives/goals, planning and organizing work to meet changing priorities and deadlines; implementing, completing, and reporting on progress, reviews, and results. • Applying project management techniques and principles. • Analyzing complex financial and policy issues. • Working cooperatively with other departments, Agency officials, vendors, and external agencies. • Utilizing Microsoft office applications at an intermediate or advanced level; advanced level specifically in Excel, Word, PowerPoint and SharePoint. • Establishing and maintaining cooperative working relationships with other department staff, management, vendors, outside agencies, community groups and the general public. • Interpreting and administering agency policies and procedures sufficient to administer, discuss, resolve, and explain them to staff and other constituencies. • Developing and monitoring divisional and program/project operating and capital project budgets, costs, and schedules. • Formulating, planning, and executing financial and budgetary analyses and studies. • Analyzing and reviewing financial plans and models and related budgetary information to determine the impact on the Agency-wide Program/division. • Preparing and analyzing complex data and numerical computations and comprehensive reports. • Analyze and synthesize information in a concise manner and make recommendations on strategies to resolve issues/inquiries using effective oral and written communication. • Evaluate processes and procedures in assigned areas, make recommendations and assist in the design and implementation of solutions. Demonstrate continuous effort to improve efficiency and effectiveness. • Provide support to the division's management on other matters as directed; contribute to the divisions goals and objectives; ensure processes, policies and practices are interpreted and applied consistently and effectively; ensure accountability and compliance with all current and applicable state and federal laws, Agency policies and procedures, rules and regulations; and understand and keep abreast of industry trends.
Physical Demands/Work Environment • Work is performed in a standard office environment. • Subject to standing, walking, bending, reaching, stooping, and lifting of objects up to 25 pounds.
The Agency promotes a safe and healthy work environment and provides appropriate safety and equipment training for all personnel as required.
It is the responsibility of all employees to follow the Agency safety rules, regulations, and procedures pertaining to their assigned duties and responsibilities, which could include systems, operations, and/or other employees.
We are an Equal Opportunity Employer and value workplace diversity. We seek to create an environment and culture that embraces the differences of our employees. You will find an exceptionally diverse group of people at Sound Transit with regard to culture, beliefs, communication styles, and life and work experiences.
All qualified applicants are considered in accordance with applicable laws prohibiting discrimination on the basis of race, religion, color, gender, age, national origin, sexual orientation, physical or mental disability, marital status or veteran status or any another legally protected status.
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