Financial Analyst III (Austin Housing)

Austin, Texas; Austin (TX); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Competitive benefits

Career growth

Job summary

City of Austin is seeking a budget and financial analyst to support departmental budgets, CIP forecasting, and debt management. You will prepare analyses, monitor variances, and provide management with financial insights. Strong Excel modeling and data gathering are essential.

The role requires a bachelor’s in finance, accounting, or economics with four years of related experience. Master’s or CPA substitutions apply for experience. Salary will be based on experience and city policies.

Qualifications

• Bachelor's degree in Finance, Accounting, or Economics, plus four years of related experience.
• Master's degree may substitute for two years of experience.
• A five-year accounting degree or CPA designation may substitute for one year of experience.

Responsibilities

• Assists with development of operating and CIP budgets and analyzes budget variance.
• Performs budget analysis and monitors current year estimates and forecasts.
• Prepares financial analyses and ad-hoc reports from financial systems.
• Manages debt service schedules.
• Supports CIP projects and fund summaries for management.
• Maintains spreadsheets/models and provides data for reporting.
• Verifies transactions and ensures compliance with policies and laws.

Skills

Budget analysis

Budget process

Financial analysis

Debt administration

CIP project support

Financial reporting

Internal controls

Spreadsheet modeling

Excel

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree (substitution for experience)

CPA or five-year accounting degree substitution

Tools

eCAPRIS

Microsoft Excel

Financial systems

Job description

* Assists with development of the operating or CIP budget for the department.* Performs budget analysis by implementing the organization's budget process system, providing guidance and recommendations to management in the development and completion of their budgets; finalizing the organizations budget; and monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances; reviewing budget forecasts; and reviewing current and historical budget information and data.* Prepares financial analysis, periodic, and ad-hoc reports by researching, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems.* Performs debt administration by monitoring debt service schedules.* Provides financial support and monitors CIP projects. Processes and tracks task orders and other project requirements in eCAPRIS and other financial systems.* Assists with the development of department's Business Plan and forecast. Prepares fund summaries to keep management abreast of the financial conditions of the department.* Develops and maintains computer spreadsheets models and databases to support project data analysis and financial reporting.* Reviews and approves accounting and financial transactions by verifying documentation and accurately completing transactions.* Reviews documentation and funding information for accuracy and ensures that transactions are processed in accordance with City policy, applicable laws and regulations, and sound business practices.* Assists departments and other customers by providing procedural and financial information and guidance with financial systems.* Researches and provides information requested by City Council, City management, boards and commissions, vendors, the public, regulatory agencies, and other City offices.* Monitors State and Federal regulatory processes and provides guidance to the department regarding the financial impact of new and/or proposed legislation, regulations, and standards.* Knowledge of the processes and theories used for public budgetary and financial policies.* Knowledge of accounting practices and concepts.* Knowledge of internal control systems.* Knowledge of preferred business practices.* Knowledge of manual and automated financial systems.* Knowledge of financial and budget reporting.* Skill in designing and maintaining complex spreadsheet and database models and utilizing word processing and presentation software.* Skill in effective oral and written communications.* Skill in analyzing and interpreting financial records.* Skill in gathering, analyzing, and presenting data to provide accurate information for management's use.* Ability to resolve problems or situations that requires the exercising of good judgment.* Ability to prepare accurate and complex financial reports.* Ability to establish and maintain good working relationships with other City employees and the public.* Graduation with a Bachelor's degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics, plus four (4) years of experience in a related field.* Graduation with a Master's degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field from an accredited college or university may be substituted for two (2) years of experience.* A five (5) year accounting (MAcy) degree or CPA designation may be substituted for one (1) year of experience.* Experience in real estate development, brokerage, underwriting, or property operations.* Familiarity with real estate law, contract review, and compliance requirements.* Experience developing and maintaining financial models to evaluate performance and support decision-making.* Proficiency in Microsoft Excel for financial modeling, data analysis, and reporting.* Ability to read and interpret financial statements, reports, and operational documents.* Strong organizational skills with the ability to manage multiple tasks, adapt to changing priorities, and maintain attention to detail.* Ability to coordinate with internal teams, City departments, property managers, regulators, resident advocacy groups and residents to gather information and support asset performance reviews.**Location:** Street-Jones Building **-**1000 E 11th Street, Austin Texas 78702The City of Austin employment application is an official document; incomplete applications will not be considered. The Employment Record should be complete with job titles, employment dates, job duties, functions, and responsibilities for each position held. Starting salary will be based on overall relevant experience from your application. **Responses to supplemental questions regarding experience should also be clearly documented in the 'Experience' section of the main application.** Please be sure to detail on the application all current and previous employment that you wish to be considered as part of your qualifications. **While a résumés and cover letter is required, statements such as \"see résumé\" will not be accepted on the application. You may use \"N/A\" for fields that are not applicable.** Please note that Austin Housing may close the job posting at any time after 7 days from the date of the initial advertisement. Once the job posting has closed, applications cannot be changed. **To ensure a thorough evaluation of your qualifications, please answer all applicable questions in the questionnaire section completely. Incomplete, brief, or one-line responses may not provide enough detail and could impact your eligibility to move forward in the selection process.** Current City of Austin employees **must** submit their application through 'Job Hubs' in Workday to be considered.* Verification of your education (which may include high school graduation or GED, undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution* This position will require a criminal background investigation.**Competitive Benefits**: Enjoy a comprehensive compensation package that includes generous leave, work-life balance programs, and extensive benefits.**Career Growth**: Advance your skills and expertise with professional development and leadership opportunities.**Competitive Benefits**: Enjoy a comprehensive compensation package that includes generous leave, work-life balance programs, and extensive benefits.**Career Growth**: Advance your skills and expertise with professional development and leadership opportunities.