Financial Analyst

City of Roanoke, Virginia; Roanoke (VA); On-site; USD 65,000 - 90,000; Full time

Job summary

The City of Roanoke is seeking a Financial Analyst to perform a wide variety of analytical activities focused on re‑engineering financial/retirement processes to maximize quality of service and cost effectiveness. The position requires a Bachelor's degree and five to seven years' related experience.

This exempt role supports financial/retirement administration, budgeting, compensation, and vendor management, offering opportunities to impact service delivery and cost efficiency within City of

Qualifications

• Strong interpersonal, analytical and creative problem solving skills.
• Technical writing skills.
• Ability to work with metrics, numbers, and trends.
• Excellent computer skills.

Responsibilities

• Develop innovative solutions for financial/retirement processes.
• Analyze financial, asset investment and retirement data.
• Advise on trends and best practices for program performance.
• Assist in preparing and managing the financial/retirement budget.
• Provide input on ad hoc reporting and special projects.

Skills

Interpersonal skills

Analytical skills

Creative problem solving

Technical writing

Numeric skills

Computer skills

Education

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

Job description

The City of Roanoke is seeking a Financial Analyst to perform a wide variety of analytical activities focused on re‑engineering financial/retirement processes to maximize quality of service and cost effectiveness. General areas of responsibility include financial/retirement administration (defined benefit and defined contribution), budgeting, compensation, and process improvement, and ancillary service provider vendor management (ie. investment consulting, actuarial, and recordkeeping). Bachelor's degree from four‑year college or university in accounting, finance, management, business or public administration, or a related field; and five to seven years' experience directly related to and/or training or any equivalent combination of education and experience.

The City of Roanoke is an Equal Employment Opportunity/AA/M/F/Disability Employer.

To elevate the performance of the organization, we are committed to respecting, celebrating, and embracing the collective mixture of differences and similarities between our employees as a rich tapestry. Our behaviors will demonstrate open communication, and we will seek opportunities to learn, recognizing and rewarding actions that promote acceptance while suspending judgment. By doing this, we will foster an inclusive, open work environment that delivers excellent service and creates a more vibrant and inviting community.

This is an exempt position.

SUMMARY

Performs a wide variety of analytical activities focused on re‑engineering financial/retirement processes to maximize quality of service and cost effectiveness. General areas of responsibility include financial/retirement administration (defined benefit and defined contribution), budgeting, compensation, process improvement, and ancillary service provider vendor management (ie. investment consulting, actuarial, and recordkeeping). Bachelor's degree from four‑year college or university in accounting, finance, management, business or public administration, or a related field; and five to seven years' experience directly related to and/or training or any equivalent combination of education and experience.

ESSENTIAL DUTIES AND RESPONSIBILITIES

include some or all of the following. Other duties may be assigned.

• Conceptualizing and developing innovative solutions to address complex financial/retirement administrative issues
• Gathering, documenting, analyzing, and drawing conclusions on complex financial, asset investment and retirement operational issues/data and information
• Identifying internal and external shifts within business processes and financial and retirement administrative related objectives, and reporting back on relevant trends and solutions
• Analyzing long term employee compensation and workforce trends as it relates to actuarial assumptions and expectations and recommend appropriate scenarios and strategies to maintain benefits sustainability
• Defining problems and scope, developing recommendations, and coordinating implementation of solutions
• Developing, recommending and writing administrative procedures
• Analyzing results of current benchmarks and maintain comparative analysis of peer financial/retirement programs and recommending changes to the program(s) to maintain organizational objectives and competitive position in the marketplace
• Researching, analyzing and developing recommended modifications to financial/retirement programs to meet identified organization objectives and needs
• Advising and educating financial staff on key issues and compliance related processes
• Acting as an analytical resource to the Department of Finance and City departments
• Assisting in the preparation and management of the financial/retirement budget
• Analyzing reports on the budget and actual spending
• Determining, developing, tracking, analyzing and communicating appropriate financial/retirement metrics
• Ensuring best practices are consistently upheld throughout the department
• Providing professional input into ad hoc projects
• Performing ad hoc reporting and participating in special projects, as needed

SUPERVISORY RESPONSIBILITIES

May be called upon to act in a leadership role for specific projects but does not have regular supervisory duties.

QUALIFICATIONS

At a minimum, the qualified candidate will have a proven track record of having demonstrated strong interpersonal, analytical and creative problem solving skills; technical writing skills; the ability to work well with metrics, numbers, and trends; and excellent computer skills. In addition the candidate will have the ability to work in a fast‑paced, rapidly‑changing environment; be self‑starter; and be able to work independently with little direction. It is essential the candidate be effective at juggling multiple projects and past work experiences emphasize team play.

The requirements listed below are representative of other knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree from four‑year college or university in accounting, finance, management, business or public administration, or a related field; and five to seven years' experience directly related to and/or training or any equivalent combination of education and experience.

LANGUAGE SKILLS

Ability to read, analyze, and interpret technical journals, financial reports, and legal documents. Ability to respond effectively to inquiries orally and in writing. Ability to make effective presentations to city council, management, and/or public groups.

MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret and deal with an extensive variety of variables. Ability to think logically.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee frequently is required to reach with hands and arms. The employee is occasionally required to stand and walk. The employee must frequently lift and/or move up to 10 pounds. Specific vision abilities required by this job include ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually very moderate.

This is a job description and not an individualized position description. A job description defines the general character and scope of duties and responsibilities of all positions in a job classification, but it is not intended to describe and does not necessarily list the essential job functions for a given position in a classification.