Financial Analyst III

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Nature of Work
The purpose of this job is to perform advanced professional accounting and financial work involving collecting, maintaining, reconciling, compiling, analyzing and reporting information on technical, demographic, and financial data of the City to serve as a basis for reporting, rate setting, monitoring or other financial analysis. The work is performed under the general supervision of the Accounting Services Manager. 

ESSENTIAL DUTIES & RESPONSIBILITIES 
The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by employees in this job. Employees may be requested to perform job-related tasks other than those specifically presented in this description.

Prepares the financial statements and notes for assigned funds in the City’s Annual Comprehensive Financial Report (ACFR). 
Coordinates sensitive financial information between City staff and external auditors during the City’s annual audit process.
Collaborates with other department staff to resolve issues, improve processes, and provide guidance on new accounting practices.  Prepares high-level and advanced journal entries.
Develops and implements accounting and financial procedures and internal controls; develops and implements accounting system modifications and changes.
Composes the initial draft of new ACFR text for the letter of transmittal, notes and management discussion and analysis
Maintains and reconciles accounts and journal entries; develops, monitors, reviews, verifies, posts to the journal, reconciles, adjusts, approves and presents for audit the department or office accounts including receivables, payables, reimbursements, rents, revenues, billings, collections, cash receipts and accounts, bank statements, vendor statements, payroll, disbursements, insurance, inventory, overhead, capital depreciation, debt schedules, purchase orders, encumbrances, charts of account and the like.
Prepares estimates of receivables and payables during budget development; prepares, analyzes and estimates annual revenues, reimbursements and disbursements; prepares or assists in budget development; monitors and reviews budget status.
Collects, compiles, analyzes, and reports information on technical, demographic and financial data to serve as a basis for reporting, analysis or rate setting.
Prepares a variety of reports based on analyzed data; prepares annual operating budgets and five-year capital budget; prepares financial reports for city funds.
Supervises/manages accounting staff.
Responds to information requests across the City.
Serves on various committees and management teams as assigned.
Provides training to all City employees wishing to have access to General Accounting module in current ERP/financial software across the City.
Performs related work as required.
Minimum Training and Experience
Required Education and Experience

Bachelor’s degree in finance, accounting, or a related field
-AND-
At least seven (7) years of progressive experience with fund accounting, conducting financial analysis, preparing financial statements, cost accounting, revenue rate setting, statistical analysis, preparing journal entries, or related activities.
-OR-
Any equivalent combination of training, education, and experience that provides the required skills, knowledge and abilities.
Principles and practices of employee supervision.

Preferred Licenses or Certifications
Master of Business Administration (MBA)
Certified Public Accountant (CPA; Certified Management Accountant (CMA); Certified Fraud Examiner (CFE); or other equivalents 
Other Necessary Qualifications
 Knowledge of:

Principles, theories and practices involved in accounting, financial analysis, budgeting and reporting
Governmental Accounting Standards Board (GASB) pronouncements and Generally Accepted Accounting Principles (GAAP) 
Local government functions and operations
City policies and procedures
Government Finance Officers Association (GFOA) best practices
Principles and practices of basic accounting and budgeting
Modern office procedures, methods and computer equipment
Skill in:
Interpersonal skills necessary to develop and maintain effective and appropriate working relationships 
Performing a variety of duties, often changing from one task to another of a different nature
Performing advanced mathematical functions. 
Effective oral and written communication
Conducting financial analysis and preparing financial statements
Ability to:
Compile, verify and analyze complex financial records and reports
Conduct research and prepare analyses and reports
Develop procedures and financial controls to meet accounting needs
Communicate effectively, both orally and in writing
Meet schedules and deadlines of the work
Understand and carry out oral and written directions