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Debt Service & Investments Financial Analyst
Metropolitan Transit Authority of Harris County (METRO) Human Resources Department
 Houston, Texas
Job Description

Requisition Number: 7087

Basic Function:

Conducts, reviews, analyzes and prepares recommendations on a range of financial issues pertaining to METRO’s investments and debt for consideration by management. Assists Manager of Debt Service and Investments in the administration of; 1. METRO’s investment portfolio in accordance with METRO’s investment policy, strategies, guidelines, state and federal laws and regulations; 2. METRO's short-term and long-term debt program and METRO’s long-range financial models and plans. Performs duties in a safe, efficient manner and in compliance with applicable rules and safety procedures.

Responsibilities and Specific Duties:

  • Assists in the development of recommended investment strategies as well as the day-to-day monitoring of investment account balances and processing of investment transactions.
  • Maintains and provides complete and accurate accounting information on all investments and Debt submissions of monthly Investment and Debt reports to the CEO and the METRO Board.
  • Ensures that METRO’s daily operation funding requests are satisfied in a timely manner.
  • Assists in preparing monthly reports, annual budgets and forecasts for debt and investments, annual external and/or internal audit information requests and ad hoc information requests.
  • Assists in preparing debt service accounting entries and budget adjustment submissions required for debt service payments and associated fees.
  • Responsible for invoicing activities related to Investment and debt service functions.
  • Ensures debt service payments are accurate and on time and ensures debt issuance activities remain compliant with the Authority's debt policy and cash management procedures.
  • Assists in the monitoring of cost of issuance funds, debt service schedules, premium/discount amortization, accrued interest and related data.
  • Sets up and participates in meetings with Broker/Dealers and Underwriters. Performs analyses and research activities related to METRO’s Debt and Investments
  • Assists in keeping the Investment and Debt policies current and coordinating routine updates such as the administration of the annual certification processes of investment brokers/dealers and underwriters.
  • Assists in preparing financial and other information necessary for the issuance of new debt.
  • Works with Municipal and/or Financial Advisor(s), Bond Counsel(s) and Bond Trustees to identify the most cost effective/efficient strategy for issuance of debt and assists with bond issuance process.
  • Assists in preparing presentations for rating agencies and files required continuing disclosure information.
  • Provides excellent customer service to METRO internal and external customers.
  • Applies SMS (Safety Management System) methods and principles in daily routine and supports all aspects of the agency’s Public Transportation Agency Safety Plan (PTASP).
  • Promotes safety awareness and follows safety procedures to reduce or eliminate accidents.
  • Performs other job-related duties as assigned.

Education Requirement:

  • Bachelor’s degree in Finance and/or Accounting is required. A master’s degree in finance or a related degree is preferred.

Years & Experience Required:

  • Minimum four (4) years’ experience in accounting, finance, or public administration. Experience in public finance and fixed income investments is preferred. Experience in quantitative analysis, process improvements and general application of accounting principles in public finance is preferred.

Knowledge & Skills Required:

  • Working knowledge of investment strategy and internal accounting control systems. Knowledge of the Texas Public Funds Investment Act is required. Microsoft Office Suite with advanced skills in Excel, Word and PowerPoint. Working knowledge of SAP financial system is preferred. Excellent interpersonal (verbal/written) communication skills. CPA designation or study towards CPA is a plus.

Additional Information:

The Metropolitan Transit Authority of Harris County, Texas has a zero-tolerance drug and alcohol policy for all employees. All internal and external applicants will be required to undergo drug testing before employment and will be subject to further drug and/or alcohol testing throughout their employment.

Further, employees who perform safety-sensitive functions will submit to drug and/or alcohol testing in accordance to the Department of Transportation (DOT) and the Federal Transit Administration (FTA) regulatory requirements.

We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, sex, national origin, veteran status, genetic information or disability.

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