FINANCIAL ANALYST-FIXED ASSETS

City of Chicago; Chicago (IL); On-site; USD 61,000 - 83,000; Full time

Job summary

The City of Chicago, through the Chicago Department of Aviation, seeks a Financial Analyst to perform complex financial analysis of fiscal/cost data for City programs and services in a fixed assets capacity.

The role requires maintaining asset registers, performing depreciation calculations, and supporting audits while coordinating with engineering and capital projects teams. This is a full-time on-site position in Chicago.

Qualifications

• Bachelor's degree in Finance, Accounting, or a directly related field.
• One year of work experience in analysis of financial records.

Responsibilities

• Maintain a fixed Asset register for CDA through CityWorks and transmit it to DOF.
• Record additions, transfers, retirements and disposals; ensure proper capitalization per policy.
• Calculate depreciation post GASB No 34.
• Track CWIP for capital projects and coordinate capitalization upon completion.
• Support ACFR fixed asset footnotes and schedules.
• Coordinate with Engineering/Capital Projects for proper cost classifications.
• Conduct periodic physical inventory of fixed assets and reconcile for insurance.
• Support external audits and state oversight agencies.
• Assist with lease accounting under GASB 87 and GASB 96 arrangements.

Skills

Excel proficiency

Analytical skills

Audit-support

Detail-oriented

Education

Bachelor's degree in Finance or Accounting

Tools

CityWorks

Job description

FINANCIAL ANALYST-FIXED ASSETS

Chicago Department of Aviation

Finance Division

Number of Positions: 1 (Additional vacancies possible pending budget approval)

Starting Salary: BX15, $71,772.00/year

Applications for this position will be accepted from 9/21/26, until 11:59pm CDT on 10/5/26

The Chicago Department of Aviation is seeking a Financial Analyst to perform complex financial analysis of fiscal/cost data for City programs and services.

ESSENTIAL DUTIES

• Maintain a fixed Asset register for CDA through CityWorks and accurately transmit it to DOF
• Record additions, transfers, retirements and disposals, ensure proper capitalization per government capitalization threshold policy
• Calculate the post depreciation in compliance to GASB No 34
• Track Construction Work in Progress (CWIP) for capital improvement projects and coordinate capitalization upon substantial completion
• Support preparation of the Annual Comprehensive Financial Reporting (ACFR) fixed asset footnotes and schedules
• Coordinate with Engineering/Capital Projects staff to ensure capital project costs are properly classified
• Conduct periodic physical inventory of fixed assets, including and reconcile for insurance and stewardship purposes
• Support external audits and state oversight agencies
• Assist with lease accounting under GASB 87 and subscription-based IT arrangements under GASB 96

Additional duties may be required for this position.

Location

8420 W. Bryn Mawr Ave, 6th FL, Chicago, IL 60631

Days & Hours

Monday-Friday

8:30 AM-4:30 PM

THIS POSITION IS IN THE CAREER SERVICE

Qualifications

Graduation from an accredited college or university with a Bachelor's degree or higher, in Finance, Accounting, or a directly related field, PLUS one (1) year of work experience in the analysis of financial records

DESIRED SKILLS

• 2 years of work experience in the analysis of financial records
• Strong Excel Skills (pivot tables, VLOOKUP/XLOOKUP)
• Familiarity with capital improvement programs (CIP) and infrastructure asset tracking
• Detail-oriented with strong reconciliation, analytical, and audit-support skills
• CPA, CGFM or progress towards certification a plus

SELECTION REQUIREMENTS

This position requires applicants to complete an interview which will include a written exercise and/or a skills assessment test as part of the interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position, based on the oral and written parts of the interview will be selected.

Benefits

For Information on our employees benefits please visit our benefits website at: https://www.chicago.gov/city/en/depts/fin/benefits-office.html

For Information on our salary and title structure visit our classifications website. City of Chicago :: Classification and Pay Plan

APPLICATION EVALUATION

Initial evaluation will be based on information provided on the application and the documents submitted. Department of Human Resource staff will review applications after the final posting date. Staff will follow any and all required Employment/Hiring Plan provisions, federal, state and local laws, and Collective Bargaining Agreements when applicable. Staff will apply hiring preferences as required by the municipal code. Placement on an eligibility list is not an offer or guarantee of an interview nor employment with the City of Chicago.

COMMITMENT TO DIVERSITY

To further our commitment to hiring applicants with diverse experience the City of Chicago has adopted the following ordinances 2-74-020 and 2-74-075. The ordinances provide a preference to applicants who meet minimum qualifications and who are veterans of the Armed Forces, and/or residents of Socio-Economically Disadvantaged Areas (SEDA) and/or Chicago Public School (CPS) high school graduates to be referred to departments for consideration.

These hiring preferences do not apply to bidders, as Collective Bargaining Agreements define the hiring process for bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates.

To learn more about our hiring practices click here.

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.

The City of Chicago is an Equal Employment Opportunity, Military Friendly, and Fair Chance Employer.

City of Chicago

Brandon Johnson, Mayor