Financial Analyst I/II

Department/Agency of position: 
City of Davis Finance Department
Location of position: 
Davis, CA
Wage/Salary: 
$77,313.60 – $103,376.00 Annually
Date Posted: 
Thursday, June 20, 2019
Closing Date: 
Friday, July 5, 2019
Job Description: 

To perform complex financial analysis related to preparing and monitoring the city wide budget, capital improvement program, performing specialized accounting and complex professional budgetary, financial, economic, accounting and statistical analysis related to the City's financial function according to generally accepted accounting practices (GAAP); evaluates cost and performance data; provides sound recommendations for budget and policy formation, implementation, and procedure.

DISTINGUISHING CHARACTERISTICS

The Financial Analyst classification series is distinguished from the Accounting and Fiscal Analyst series by the high level and complexity of accounting and financial analysis work performed including independent and creative problem solving relative to complex analytical assignments.

The Financial Analyst classification series is distinguished from the Financial Services Manager classification by the absence of management over multiple programs in the financial services operation. The Financial Analyst may exercise supervision over other staff but limited to a single program area as needed.

Financial Analyst I – This is the entry level class in the Financial Analyst series. While incumbents at this level typically have related prior work experience, they may not be familiar with the functions, operations and procedures specifically conducted in the City's financial office. Positions at this level are distinguished from the II level by the performance of less than the full range of duties as assigned to the full journey level class within the series. Incumbents at this level typically have related work experience and are unfamiliar with the functions, operations and procedures of the City's finance office. This class, therefore, is typically used as a training class within the Financial Analyst series.

Financial Analyst II – This is the full journey level class in the Financial Analyst series. Positions at this level are distinguished from the I level by the performance of the full range of duties as assigned with minimal assistance or direction. Incumbents are thoroughly familiar with the operating procedures of the City of Davis finance office, and possess a technical expertise related to assigned programmatic responsibilities. Positions in this class are flexibly staffed and are normally filled by advancement from the I level.

SUPERVISION RECEIVED AND EXERCISED

Receives general direction from the Finance Director.

EXAMPLES OF ESSENTIAL FUNCTIONS – Essential functions may include, but are not limited to, the following:

  • Plan, organize, and direct the development and execution of the City's budget including compiling data, review and analysis of expenditures, monitoring of revenue, and preparation of management reports on expenditures and revenue projections/forecasts.
  • Oversees and participates in the preparation and review of the City's multi-year financial forecast model; uses forecasting model to develop projections through complex analysis of data.
  • Prepare fund summaries for use in the preparation of the City's annual budget, mid-year review, and year end summary; analyze and recommend budget funding levels and determine impact of programs, cost proposals, and related matters.
  • Analyze, record, and report financial transactions in accordance with generally accepted accounting and reporting practices.
  • Participate in audit preparation; receive research and respond to request from auditors.
  • Provide assistance and advice to City departments in resolving budgetary issues; train City staff on the budgetary process; prepare and maintain mid-year and annual budget instructions.
  • Assist with planning and organizing the activities and staff of the City's financial services, including the City's long-range financial issues.
  • Maintain financial management systems and records of the City in accordance with generally accepted accounting principles.
  • Participate in the preparation of the annual operating, capital and debt service budget.
  • Verify accuracy of records, evaluate financial systems and internal controls to ensure records are accurate and controls are adequate.
  • Meet with and coordinate with other departments or divisions on grants receivable and reconciliations; collect appropriate documentation and serve as a resource person throughout the grant process.
  • Review departmental operating budgets, CIPs and strategic plans for appropriateness, impact, cost effectiveness, and conformity to the city's priorities, policies, and strategic goals. Provide consulting services to departments regarding budget and CIP preparation, fiscal administration, program analysis, and other fiscal issues.
  • Maintain and update budget policies and procedures; recommend new budgeting policies and procedures as circumstances dictate.
  • Perform related duties as assigned.

MINIMUM QUALIFICATIONS

Financial Analyst I

Knowledge of:

  • Principles and practices of public financial administration including accounting and reporting practices; use of complex technical tools to analyze date and develop conclusions and reports.
  • Use and applications of financial/accounting management software.
  • Laws regulating the financial administration of government entities.
  • Applicable federal, state, and local laws regulations, ordinances and policies of governing agencies.
  • Principles and practices of leadership, motivation, team building and conflict resolution.
  • Principles and practices of supervision, training and performance evaluation.

Ability to:

  • On a continuous basis, analyze budget and technical reports; interpret and evaluate staff reports; know laws, regulations and codes; observe performance and evaluate staff; problem solve department related issues; remember various rules, policies and procedures; explain and interpret policy.
  • Supervise, train and evaluate assigned staff.
  • Understand, interpret, and apply City and department rules and regulations; including State and Federal laws applicable to public finance.
  • Prepare and administer a budget.
  • Analyze problems, identify alternative solutions, project consequences of proposed actions and implement recommendations in support of goals.
  • Accurately prepare complex financial reports and analyses requiring strong math skills.
  • Effectively plan and coordinate workload and that of subordinate staff.
  • Communicate clearly and concisely, both orally and in writing with a wide variety of personalities and situation required diplomacy, and tact.
  • Establish and maintain effective working relationships with those contacted in the course of work.
  • Prepare and present complex fiscal analysis and other financial analysis as assigned.

Experience and Training

Any combination of experience and training that would likely provide the required knowledge and abilities is qualifying. A typical way to obtain the knowledge and abilities would be:

Experience:

Three years increasingly responsible finance experience in, or working with, public sector accounting.

Training:

Equivalent to a Bachelor's degree from an accredited college or university with major course work in finance, accounting, business administration, public administration or related field.

License or Certificate

Must possess and maintain a valid California C Driver's license and a satisfactory driving record.

Financial Analyst II

In addition to the qualifications for the Financial Analyst I:

Knowledge of:

  • Applicable laws, methods and practices.
  • Principles and practices of organization, administration, budget, and personnel management. Public finance, including the experience managing debt obligations, issuance or refunding of existing debt, impact fee calculations and management, and other duties as assigned.

Ability to:

Exercise independent judgment in the solution of financial problems.

Experience and Training

Any combination of experience and training that would likely provide the required knowledge and abilities is qualifying. A typical way to obtain the knowledge and abilities would be:

Experience:

Four years of responsible, journey level experience in government financial analysis similar to a Financial Analyst I with the City of Davis.

Training:

Equivalent to a Bachelor's degree from an accredited college or university with major course work in finance, accounting, business administration, public administration or related field.

Supplemental Information:

Physical/Sensory Requirements

On a continuous basis, sit at a desk for long periods of time; intermittently twist to reach equipment surrounding desk; perform simple grasping and fine manipulation; use telephone, and write or use keyboard to communicate through written means; and lift or carry weight of 25 pounds or less;travel to and participate in various meetings, programs and events throughout the City. Requires effective audio-visual discrimination and perception needed for making observations, communicating with others, reading and writing, operating computer.

To be considered for this position, you need to complete a City of Davis online application, along with completion of the supplemental questions.