Financial Analyst

GFOAA; Phenix City (AL); On-site; USD 62,201 - 71,348; Full time

Job summary

City of Phenix City in Alabama is seeking a Financial Analyst to perform complex financial analysis and forecasting for the City, manage municipal debt and investment activity, and assist with the annual budget preparation.

Under the direction of the Finance Director, you will prepare cash flow projections, maintain investment reports, interpret financial regulations, and support accounting functions and audits. This is a full-time, on-site position with typical 8 a.m. to 5 p.m. hours.

Qualifications

• Bachelor's degree in accounting or finance required.
• Master's degree preferred.
• Five years of accounting or finance experience, government setting preferred.
• Knowledge of governmental finance and municipal debt.

Responsibilities

• Perform complex financial analysis and forecasting for the city.
• Manage municipal debt and investment activity.
• Assist with annual budget preparation.
• Prepare cash flow projections and monthly investment reports.
• Read and interpret intergovernmental agreements.
• Support routine accounting functions and audit preparation.
• Maintain organized work area.

Skills

Financial analysis

Forecasting

Budgeting

Debt management

Investment management

Cash flow planning

Intergovernmental agreements

Education

Bachelor's degree in Accounting or Finance

Master's degree in Accounting or related field (preferred)

Job description

City of Phenix City

Financial Analyst

Starting Salary: $29.9042 – $34.3019 hourly DOQ

Date Needed: ASAP

Number of Employees Requested: One

Work Hours: 8 a.m. – 5 p.m. – Weekends/Overtime as needed

Reports to: Finance Director

Job Summary

Under the direction of the Finance Director performs complex financial analysis and financial forecasting for the City. Manages municipal debt and investment activity, assists with the annual budget preparation.

The following duties are normal for this position. The omission of specific statement of the duties does not exclude them from the classification if the work is similar, related, or a logical assignment for this position. Other duties may be required, assigned and expected aside from those set forth below to address operational needs and changing operational practices.

• Researches and obtains a thorough understanding and knowledge of laws and best practices related to municipal debt and strategic financial planning
• Conducts complex financial analysis
• Researches financial market and the economic environment and make recommendation for long‑range financial planning and assists in preparation of the City’s annual budget and related documents
• Manages the city’s investment portfolio
• Prepares cash flow projections and monthly investment reports in accordance with the best practices and the City’s guidelines and policies
• Possesses an in depth understanding of governmental finance and municipal debt to assist with municipal borrowing and capital expenditure planning
• Manage and maintains all warrants issued by the City to include appropriate accounting and reporting, debt repayment and statuses of planned projects funded with warrant funds
• Reads and interprets contents of intergovernmental agreements
• Assist with routine accounting functions when needed to include audit preparation
• Maintain work area in an organized and neat manner

Qualifications

Education & Experience Guidelines

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

• Bachelor’s Degree in Accounting or Finance
• Master’s Degree in Accounting or related field (preferred)

Experience

Five (5) years of accounting or finance experience, preferably in a government setting

Licenses or Certifications Required

N/A

The following generally describes the knowledge and abilities required in order to successfully perform the assigned duties of the position:

Knowledge of:

• Accounting standards, accounting principles and concepts
• In depth knowledge of governmental finance, municipal debt and the laws and regulation governing municipal finance
• Federal, state and municipal laws and regulations governing finance

Ability to:

• Utilize economic trends and data for financial forecasting, planning and budget preparation
• Read, comprehend, analyze and report on highly complex material related to financial, accounting, purchasing, cash management and payroll operations
• Effectively use written communication to prepare forms, reports, memoranda, letters and document processes and procedures
• Effectively use verbal communication to interact with employees, supervisors, elected officials and the public
• Utilize computer skills including software for word‑processing, spreadsheet creation and maintenance, database utilization and other specialized accounting and financial software
• Build and maintain relationships with employees, supervisors, elected officials, city, county, state and federal administrators and officials
• Work from an administrative direction in terms of broadly defined goals
• Work non‑duty hours including weekend or holidays when necessary
• Work in constant state of alertness and a safe manner

Physical Demands & Working Environment

The conditions herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. In compliance with the Americans with Disabilities Act, the City encourages both prospective and current employees to discuss potential accommodations needed to perform the essential duties of this position.

Environment: Work location will be indoors with potential for overnight travel to attend and participate in training, seminars and workshops

Key Working Relationship: Other Finance Department employees including Finance Director, Department Heads and Office Managers, City Council and City Management