FINANCIAL ANALYST IV

City of Houston; Houston (TX); On-site; USD 75,000 - 105,000; Full time

Job summary

City of Houston is seeking a Financial Analyst IV to provide advanced financial analysis and strategic support to the Financial Management Services Fixed Assets team. You will serve as a key advisor to leadership by delivering strategic performance analysis across all fixed asset activities.

You will investigate WIP and asset capitalization in SAP, prepare journal entries, and assist with monthly/annual KPI reporting and audits.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration or closely related field required.
• Four (4) years of professional experience in finance, economics, budget analysis or closely related field required.
• Master's degree may substitute for two years of experience.

Responsibilities

• Investigate Fixed Asset WIP and capitalization processes; coordinate with Project Managers; ensure correct reporting and audits.
• Prepare documents for asset audit selections and journal entries as needed.
• Analyze complex operational reports; explain fluctuations and provide strategic recommendations to management.
• Coordinate monthly and annual KPI reports and strategic plans for assigned areas.
• Direct and conduct ad hoc information requests; report findings to senior management.

Skills

Financial analysis

Strategic planning

Communication

Ad hoc reporting

Forecasting

Education

Bachelor's degree (Finance/Accounting/Business).

Tools

SAP

Excel

PowerPoint

Job description

Position Overview

All Persons Interested

Service Line/Section: Financial Management Services/Financial Reporting & Fixed Assets

Reporting Location: 611 Walker, 24th Floor

Working Days & Hours: Monday – Friday/8:00 a.m. – 5:00 p.m.*

• Subject to change

Description Of Duties/Essential Functions

As a Financial Analyst IV, you will provide advanced financial analysis and strategic support to the Financial Management Services Fixed Assets team. You will serve as a key advisor to leadership by providing strategic performance analysis across all HPW fixed asset activities.

Responsibilities

• Investigate and make recommendations for the Fixed Asset Work in Progress (WIP) category. To include but not limited to timely capitalizations in SAP, improved communication with Project Managers, WIP roll forward compilation, review, proper cost allocations for final asset structures from WIP, correct financial reporting in the Annual Comprehensive Financial Report, and external audit responses. Investigate and make recommendations for Asset and WIP Roll-Forward issues
• Prepare documents for purchase asset audit selections
• Create journal entries as needed
• Prepares, analyzes, and interprets complex operational reports to explain fluctuations in performance metrics and provides strategic recommendations to management at all levels
• Coordinates and assists with the preparation of monthly and annual KPI reports and strategic plans for assigned areas
• Directs, manages, and conducts special and ad hoc information requests; reports results of findings to immediate, middle, and senior management

Working Conditions

The office environment is physically comfortable and has no major sources of discomfort; the individual has discretion about walking, standing, etc. There are occasional periods of stooping, bending, and be able to lift 40 pounds.

This is a Houston Public Works Emergency Management position at the Tier III Level.

Minimum Requirements

Educational Requirements

Requires a Bachelor's degree in Finance, Accounting, Business Administration or a closely related field.

Experience Requirements

Four (4) years of professional experience in finance, economics, budget analysis or a closely related field are required.

Substitutions: Experience cannot be substituted for the Bachelor’s degree requirement. A Master's degree in Finance, Accounting, Business Administration or a closely related field may be substituted for two years of the above experience requirement.

License Requirements

None

Preferences

• Bachelor’s or master’s degree in Accounting/Finance.
• A Certified Public Account (CPA) license or a CPA candidate applicant.
• Strong background and knowledge in financial statement preparation, asset management accounting, and SAP experience
• Proficiency in Microsoft Office products (Excel, Word, and PowerPoint).
• Strong written and verbal communication skills.
• Preference shall be given to eligible veteran applicants provided such persons possess the qualifications necessary for competent discharge of the duties involved in the position applied for, such persons are among the most qualified candidates for the position, and all other factors in accordance with Executive Order 1-6.** GENERAL INFORMATION

Selection/Skills Tests Required

None

However, the department may administer a skill assessment evaluation.

Safety Impact Position

No

If yes, this position is subject to random drug testing and if a promotional position, candidate must pass an assignment drug test.

Salary Information

Factors used in determining the salary offered include the candidate's qualifications as well as the pay rates of other employees in this classification.

Pay Grade 25

Pre-Employment Requirements

All new and rehires must pass a pre-employment drug test and are subject to a physical examination and verification of information provided.

EOE Equal Opportunity Employer

The City of Houston is committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, genetic information, veteran status, gender identity, or pregnancy.