Financial Analyst IV (For City Of Austin Employees Only)

Posting Title Financial Analyst IV (For City of Austin Employees Only) Job Requisition Number COA092481 Position Number 117198 Job Type Full-Time Division Name Financial Services Minimum Qualifications

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:

• None.

Notes to Applicants

Overview of the Position:

This position will support the City of Austin Capital Delivery Services Department in the Financial Services Division. The person in this role coordinates and develops budget process deliverables as well as, provide financial information to management by planning, developing, interpreting, monitoring, processing, and reporting financial and budget information for use by management. The Financial Analyst IV position will assist the with developing and preparing the department's operating and capital budget. This position is expected to be familiar with the City of Austin's financial and business intelligence systems to perform ad-hoc reporting for budget planning, financial analysis, and management review. This position will also be a key approver of financial transactions and completing year end accounting documents and variance analysis for the Controller's Office. They will be responding to questions from the Budget Office or City Council for management review.

Who We Are:

Capital Delivery Services (CDS) builds public projects to support the community. We do this by directly managing the City of Austin's Capital Program with over 500 active projects, representing an investment of over $7 Billion. At CDS, we aim to create an environment that values diversity and adaptability and encourages staff at all levels to think creatively, experiment with new ideas, and contribute to a culture of continuous improvement.

Click here to visit our Facebook page to learn more about the Capital Delivery Services Department. (https://www.facebook.com/atxcapitaldelivery/)

Why Join Us?

Meaningful Work

Contribute to projects that improve the lives of the people in our community. Your work directly enables our department to deliver tangible construction projects throughout the city that will resonate for generations to come. Seeing results through a constructed project provides a sense of accomplishment and pride in your work.

Innovation and Collaboration

Collaborate with diverse and talented teams, leveraging technology, continuous improvement, and best practices to drive progress and embrace our One City

• One Team

• One Approach model of delivering capital projects.

Professional Growth and Development

Achieve your professional goals. CDS offers opportunities to advance in multiple career paths, including engineering, architecture, construction management, project planning and management, finance, business administration, process improvement, and data analytics. Education assistance is available through our tuition reimbursement program, and financial support for continuing education, licenses, and certifications is also available.

Work-Life Balance

Enjoy a balanced lifestyle in a city renowned for its quality of life, outdoor activities, and cultural experiences. Our employees also enjoy the ability to work up to 50% remotely, depending upon position and business needs.

Health and Wellness

The City of Austin is committed to providing cost-effective, sustainable benefits that assist employees in being physically and mentally healthy. For employees that are covered this includes low cost medical, dental, vision, paid leave time, a highly competitive retirement plan, training opportunities and more. Click here to review the City of Austin's Employee Benefits Guide. (https://www.austintexas.gov/department/active-employee-benefits)

To learn more about working with the City of Austin, click here to watch a short video! (https://www.youtube.com/watch?v=lmXyHwXyMbg)

Application Details:

A detailed, complete City of Austin employment application is required to help us better evaluate your qualifications. For each position, please describe your specific experience as it relates to the minimum and preferred qualifications. Please be thorough in completing the employment application and list all experience that is relevant to this position.

This position does allow for a resume or cover letter to be included but only relevant entries on your employment application will be considered for interview qualification and compensation purposes. Supplemental information or changes to your application will not be accepted after the job posting closes so, please be sure all relevant experience is listed in the application.

If you are selected as the top candidate for a position, we may be contacting your current and former employer, as well as the references listed in your application. Please be sure you have listed at least 3 previous supervisors in the application with correct contact information.

Critical Details:

This position may require a skills assessment.

This position will require a pre-employment Criminal Background Investigation (CBI).[SZ1]

If you are identified as a top candidate, verification of your education, which may include High School graduation or GED equivalent, undergraduate and/or graduate degrees, will be required.

The Capital Delivery Services Department may close this job posting at any time after it has been advertised for seven (7) days, please apply as soon as possible if interested.

Travel:

The Capital Delivery Services Department is comprised of multiple facilities located throughout Austin. If you are selected for this position, and meet the Driver Safety Standards in the City of Austin Driver Record Evaluation (https://www.austintexas.gov/sites/default/files/files/Employment/new_hire_driver_safety_standards.pdf) 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.

Hybrid Work Environment:

The City of Austin Telework Program is designed to empower employees and leaders to establish hybrid work arrangements that promote high levels of performance and engagement. The City of Austin has an established work arrangement under which an employee is scheduled to work at least 3 days per week at their designated worksite. Some positions may require additional time at their designated worksite.

90 Day Provision for Additional Vacancy:

If the same or an additional vacancy occurs within the Capital Delivery Services Department in the same job title within 90 days after the start date of the top candidate, the additional position may be offered to another top candidate from the same candidate pool. This may include filling other vacancies with the same job title in other division/work locations within the City of Austin Capital Delivery Services Department. Decisions on assigned selection may be made at the time of hire based on the business needs of the department.

Pay Range

$37.63 - $47.98 per hour

Hours

• 8:00 a.m.

• 5:00 p.m.

• Alternative schedule and/or flexible hours available based on business needs.

• Hours may vary depending on work demands and business needs.

Job Close Date 10/14/2024 Type of Posting Reserved for City Employees Department Capital Delivery Services Regular/Temporary Regular Grant Funded or Pooled Position Not Applicable Category Professional Location OTC 505 Barton Springs Rd., Ste. 800, Austin TX Preferred Qualifications

• Experience with forecasting, budgeting, variance analysis, and revenue projections.

• Experience using Excel for complex analysis and reporting.

• Experience utilizing AIMS, or a similar automated financial system.

• Experience with complex revenue fee structures and indirect cost rate development.

• Ability to travel to multiple work locations.

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

• Supervisor 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. EEO/ADA

The City of Austin is committed to compliance with the Americans with 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 Texas Relay by dialing 7-1-1.

The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS, AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.

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.