Financial Analyst

Talantage, LLC; Oakland (CA); On-site; USD 90,000 - 120,000; Full time

Job summary

Talantage, LLC is seeking a Financial Analyst to support the financial performance of housing and capital improvement programs on site in Oakland. The analyst will develop budgets, run analyses, and prepare recommendations for management.

The role requires a Bachelor's degree in a related field and at least four years of affordable housing finance policy experience; expertise in Excel, Yardi, and Tableau is a plus; California driver’s license is required.

Qualifications

• Bachelor’s degree and four years of progressively responsible experience in affordable housing finance policy and implementation.
• Master’s degree may substitute for one year of required experience.
• A valid California Class C driver’s license and insurable driving record must be possessed.
• Equivalent combinations of education, training, and experience will be considered.

Responsibilities

• Lead and coordinate budget development process for assigned departments.
• Prepare, review, monitor and analyze departmental budgets and expenditures.
• Perform budget variance analyses and identify reasons for variances.
• Perform ad-hoc financial analyses and communicate findings verbally and in writing.
• Monitor spending to ensure compliance with limits set by budgets, contracts, and Board authorizations.
• Identify ways to improve property management-related financial processes and lead improvements with other departments.

Skills

Financial analysis

Budgeting

Variance analysis

Forecasting

Advanced Excel

Yardi

Tableau

Communication

Education

Bachelor's degree in accounting, finance, public policy, business administration, economics, or a closely related field

Tools

Microsoft Excel

Yardi

Tableau

Job description

Job Title: Financial Analyst

• Work Location: In-person only; remote work is not available

This position is onsite and only local candidates will be considered. Must be available for in-person interviews immediately after consideration.

Position Summary

The Financial Analyst supports the financial performance of assigned departments through thorough analysis of financial results, forecasts, variances, and trends. The position develops financial models to support valuation, planning, and forecasting and prepares well-supported recommendations for presentation to management.

Essential Functions

• Leads and coordinates budget development process for assigned departments; and
• Prepares, reviews, monitors and analyzes departmental budgets and expenditures; and
• Performs budget variance analyses and identify reasons for variances; and
• Performs ad-hoc financial analyses and communicates findings verbally and in writing; and
• Monitors spending to ensure compliance with limits set by budgets, contracts, and Board authorizations; and
• Identifies ways to improve property management-related financial processes. Leads efforts to implement improvements in collaboration with other departments; and
• Performs fiscal analysis of work related capital improvements and rehabilitation of Authority owned housing or of any of its subsidiaries; and
• Prepares financial feasibility projections and pro forma sources and uses budgets for rehabilitation and capital improvements; and
• Provides financial leadership for project teams working on housing and capital improvement programs and
• Prepares reports and recommendations for the Commission and of the governing boards of Authority affiliates; and
• Responsible for housing financial data systems for internal and external reporting; and
• Provides cost analysis of fiscal impact of projects and programs; and
• Prepares a variety of narrative and statistical reports; and
• Participates in finance related workgroups to develop procedures and policies; and
• Performs analyses of financial information, accounting records, statistics, and systems for compliance with HUD or other regulations and Authority policies; and
• Monitors Authority reserves and departmental needs for funding relative to operating and capital projects; and
• Analyzes factors which impact fiscal projections; and
• Recommends short and long-term actions for achieving and/or maintaining financial objectives;
• Performs procurement and contract management activities including developing procurement strategies, identifying prospective vendors, writing requests for proposals, evaluating proposals, negotiating contract terms, obtaining management and Board approvals for purchases, and managing vendors; and
• Reports on activities in Agency and HUD systems; and
• Writes memos, reports, and Board resolutions.

Marginal Functions

Performs other related work as required.

Minimum Qualifications

• A bachelor's degree in accounting, finance, public policy, business administration, economics, or a closely related field; and four years of increasingly responsible experience in affordable housing finance policy and implementation.
• A master's degree in business, public policy, city planning, real estate, economics, accounting, or finance may substitute for one year of the required experience.
• A valid California Class C driver's license and an insurable driving record must be possessed and maintained.
• Equivalent combinations of education, training, and experience will be considered.

Knowledge and Abilities

Knowledge of

• Principles and practices of financial planning and forecasting.
• Public finance and fund accounting principles and practices.
• Organizational structures and financial systems of governmental agencies.
• HUD community development and affordable housing programs.
• The legislative process, budgeting, general management methods, and administrative procedures.
• General accounting principles, methods, and procedures, including cost accounting and systems development.
• Computerized accounting systems, databases, spreadsheets, and financial planning software.
• Advanced Microsoft Excel; familiarity with data query and data management tools is highly desirable. Experience with Yardi and Tableau is a plus.
• Quantitative analysis, interpersonal communication, initiative, and problem-solving practices.

Ability to

• Write accurate, clear financial and budget reports and prepare concise recommendations.
• Prepare analytical reports concerning financial matters and factors affecting the Authority's fiscal condition.
• Forecast revenues and expenditures for the Authority's development program using a variety of economic information and sources.
• Interpret and analyze legislation affecting affordable housing development and partnership structures.
• Apply principles of financial planning, forecasting, public finance, and budget preparation.
• Develop and articulate housing finance and development policies at the local, state, and federal levels.
• Communicate the Authority's positions at local, state, and federal hearings.
• Support Development staff in planning strategies by providing technical expertise and financial information.
• Establish priority activities for incorporation into the Authority's strategic plan.
• Understand and apply computer capabilities; use personal computers and relevant software effectively.
• Track development project expenses against approved budgets.
• Establish and maintain effective working relationships with employees and stakeholders.
• Communicate effectively, both orally and in writing, or through audio and visual means.

Equal Employment Opportunity

Talantage is an Equal Opportunity Employer committed to diversity and inclusion. We consider all qualified applicants without regard to race, religion, gender, sexual orientation, age, disability, veteran status, or any other protected classification under applicable law.