Financial Analyst

Santa Margarita Water District; Rancho Santa Margarita (CA); In loco; USD 90.000 - 115.000; Tempo pieno

Descrizione del lavoro

Santa Margarita Water District is seeking a collaborative Financial Analyst to support district-wide budgeting, forecasting, and financial reporting. The role involves developing complex financial models, evaluating performance, and translating financial information into clear recommendations for strategic decision-making.

The ideal candidate will have strong analytical skills, experience with public utilities, and the ability to communicate technical information to diverse audiences.

Competenze

• Bachelor's degree in finance, accounting, business, or public administration plus two years of analytical experience.
• Public utility or government agency experience preferred.
• Master's degree in business administration or economics is highly desired.

Mansioni

• Develops complex financial models and forecasts.
• Supports budget monitoring, reporting, and analyses.
• Participates in rate analyses, cash forecasting, and investments.
• Prepares staff reports and board materials.

Conoscenze

Financial forecasting

Budget development

Financial analysis

Data management

Public finance

Communication skills

Cross-department collaboration

Formazione

Bachelor's in finance, accounting, business or public administration

Master's in business administration or economics desired

Strumenti

Financial reporting software

Spreadsheet software

Report writers

Descrizione del lavoro

Join our team as a Financial Analyst!

Santa Margarita Water District is seeking a collaborative and analytical professional to join our team as a Financial Analyst. This position will support District-wide financial planning, budgeting, forecasting, reporting, and strategic decision-making. The Financial Analyst will develop complex financial models, evaluate financial performance, support rate-setting and cash-management activities, and translate detailed financial information into clear recommendations. If you thrive on solving complex problems, improving financial processes, and using data to support essential public services, this is your opportunity to make a meaningful impact!

About the Role

The Financial Analyst performs complex financial, statistical, economic, and operational analyses in a public agency environment. Working under the general direction of the Finance Manager, the position supports budget monitoring, financial reporting, cost-of-service and Proposition 218 rate analyses, cash forecasting, investments, debt, grants, loans, and long-term planning. The ideal candidate is detail-oriented, adaptable, and comfortable managing changing priorities while collaborating across departments, supporting financial-system improvements, and communicating technical information clearly to a variety of audiences.

Meet Santa Margarita Water District

SMWD is a dynamic, forward-thinking agency dedicated to delivering high-quality potable water, recycled water, and wastewater services to its 200,000 customers across Southern Orange County. As one of the region’s largest and most impactful utilities, we are committed to the highest standards of transparency, innovation, and environmental stewardship. Our people drive our progress, innovation, and results. Our collaborative, human-first culture fosters the sense of fun, comradery, and a rewarding sense of purpose as we do work that matters. Dynamic teams of intelligent individuals work collaboratively to achieve SMWD’s goals and solve challenges with a common aim that fosters a unique bond that is not often found in governmental agencies.

Santa Margarita Water District’s values include:

• Exemplary service excellence
• Intelligent innovation that is forward-thinking and adaptive
• Ethical fiscal responsibility and transparency
• Environmental and resource stewardship
• Employee development and leadership training
• Building relationships that strengthen communities

What You Will Do:

• Participates in short and long range financial and strategic planning meetings and builds databases and financial models to reflect information gathered from public agency sources, master plans, published economic and market data, and District strategic direction and projections and forecasts.
• Performs a variety of research, analysis and reporting duties including conducting complex research and analysis on various segments of the District’s operations; collects and analyzes data including statistical information on current District practices, policies and procedures; identifies, investigates and makes recommendations for improvements as necessary; performs cost benefit analysis and project return analysis; evaluates reserve levels and adequacy for capital and pension long term requirements; and prepares necessary reports including staff reports.
• Creates reports for departments using financial reporting software or specialized report writers; provides complex technical assistance, training and staff support including answering questions on the use of, or resolving problems with, the financial reporting software or report writers; coordinates with internal staff and vendor support to resolve problems with financial software.
• Creates and updates cost of service analysis and rate structure setting models annually consistent with Proposition 218 requirements, including comparing various rate scenarios. Collaborates with outside rate consultants.
• Assists with data gathering for annual property assessment analyses.
• Reviews bonds, grants, and loan applications; coordinates with appropriate departments to help collect necessary information to submit application to issuing agency. Reviews final documents prior to closing.
• Collects monthly, quarterly and year-end financial reporting packages and provides analytical support to be included in presentations to the Board; identifies relevant business Key Performance Indicators (KPIs) ensuring they are reflected in monthly financial reporting; analyzes the District’s balance sheet, net position, and cash flow position; assumes responsibility for analyzing and preparing other financial reports as required for District special projects.
• Analyzes cash needs management and forecasted cash position, monitors financial market data, and assists with in-house investment decisions and interacts with outside financial investment advisor to maximize returns while maintaining safety and liquidity.
• Monitors budgeted expenditures for assigned departments on a monthly basis; discusses budget variances with department directors and managers; compiles the District-wide variance reports for management review; ensures the accuracy of ad hoc financial analyses.
• Provides technical and administrative assistance for gathering and programming specialized reports to extract business data for staff, Board, and Committees; researches, prepares and presents technical, fiscal, and administrative studies, surveys and reports; supports the creation of the Board and Finance Committee agenda packages; and attends Board and Committee meetings as assigned.
• Assists with the Enterprise Resource Plan systems implementation by reviewing processes and ensuring best practices. Stays current with financial systems technology in order to ascertain the most efficient system improvements and assists IT with the implementation of technological advances for financial reporting.
• Assists with the preparation of the Annual Comprehensive Financial Report (ACFR) and other special reports for the District.

What You Will Bring:

• Complex financial forecasting principles used in the development of financial plans, budget documents, and administration. Theory, principles, practices and techniques of public agency financing and budget development and implementation.
• Applicable state and federal laws and regulations governing budgeting and financing of public utilities and special districts, including Governmental Accounting Standards Board (GASB), Generally Accepted Accounting principles (GAAP) and Financial Accounting Standards Board (FASB) principles applicable to public entities.
• Computer tools and software, particularly as related to sophisticated statistical analysis, modeling, data management and manipulation.
• Financial, statistical, investment and comparative analysis techniques and formulae.
• District policies, procedures and practices regarding investments and financial management.
• Principles and practices of sound business communication; correct English usage, including spelling, grammar and punctuation.
• Safety policies and safe work practices applicable to the work.
• Uses and operations of computers, standard business software and specialized database and spreadsheet applications.

Core Competencies:

The competencies below describe the behaviors and capabilities that support successful performance in this position. They complement the essential functions, knowledge, abilities, and qualifications identified in this job description.

Individual Contributor

• Learning Agility - Continuously seeks new knowledge, learns quickly, and uses new information effectively. Demonstrates curiosity and supports a culture of learning.
• Team Player - Works as part of the larger organizational team by sharing resources, responding to requests from other departments, and supporting legitimate organizational priorities over individual or local interests.
• Technical Expertise/Craft - Demonstrates knowledge and skill in the functional area; maintains current technical expertise; adds value through specialized knowledge; and serves as a resource to others.
• Customer Orientation - Stays attentive to the needs of customers and stakeholders, including internal departments, elected officials, and community members. Anticipates service needs and supports effective, efficient, and high-quality public service.
• Initiative - Acts proactively without being prompted, identifies needs or opportunities, accepts personal responsibility, and takes action to achieve results.
• Safety - Demonstrates a commitment to safety by recognizing hazards, following procedures, and taking responsibility for protecting employees, the public, and the community while promoting a culture of safety.

Education and Experience:

• Graduation from an accredited four-year college or university with a major in finance, accounting, business or public administration or a closely related field, and two years of increasingly responsible analytical experience in fiscal services. Experience with a public utility or government agency is preferred.

• A master’s degree in business administration or economics is highly desired.

Licenses; Certificates; Special Requirements:

• Possession of or the ability to obtain a valid California Class C driver’s license and the ability to maintain insurability under the District’s vehicle insurance program.

To view the full job description click here: Financial Analyst Job Description