FINANCIAL ANALYST IV- BUDGET

City-of-Houston,-T; Houston (TX); On-site; USD 85,000 - 105,000; Full time

Job summary

City of Houston, Budget Division, is seeking a Financial Analyst IV to support monthly financial performance reviews, forecasting, and annual O&M budgeting. The role focuses on cost center analysis, variance review, and ad‑hoc financial analyses to aid decision‑making.

The position requires a Bachelor’s degree in Finance/Accounting or related field and four years of relevant experience; a Master’s can substitute two years. Knowledge of Power BI is a plus. EOE.

Qualifications

• Requires four years of professional experience in finance, economics, budget analysis or a closely related field.
• Bachelor’s degree required; Master’s degree may substitute for two years of experience.
• Pass a criminal background check and obtain required security clearances when applicable.

Responsibilities

• Develops, monitors, analyzes, and maintains budgets, financial reports, records, projects, and plans to support departmental operations and fiscal management.
• Prepares, coordinates, monitors, and analyzes departmental and program budgets, including budget amendments, projections, and expenditure activity.
• Monitors line-item expenditures and revenue projections for assigned accounts and identifies variances, trends, and potential budgetary concerns.
• Processes and reviews financial transactions to ensure accuracy, compliance with policies and procedures, and proper allocation of funds.
• Prepares financial analyses, forecasts, and reports to support management decision-making and long-term financial planning.
• Utilizes Power BI and other financial reporting tools to develop, maintain, and present dashboards, reports, and data analyses.
• Reviews financial programs, processes, and systems and recommends enhancements to improve efficiency, accuracy, reporting capabilities, and internal controls.
• Develops, coordinates, and monitors special projects and financial initiatives, ensuring objectives, timelines, and deliverables are met.
• Serves as a liaison to external agencies, organizations, and other stakeholders, providing assistance and responding to inquiries, complaints, and financial or administrative issues.
• Researches and analyzes financial and operational information and provides recommendations to address issues and improve program and budget performance.
• Maintains accurate and up-to-date financial records, documentation, and supporting materials in accordance with established policies and procedures.
• Collaborates with department and division staff to develop financial projections, identify funding needs, and monitor budget performance.
• Demonstrates a willingness and ability to learn new financial systems, processes, technologies, and reporting requirements.
• Performs other related duties and special assignments as requested by the Division or Department Head.

Skills

Analytical skills

Education

Bachelor's degree in Finance/Accounting/Business Administration

Master’s degree substitution for experience

Tools

Power BI

Job description

Division/Section: Finance & Accounting / BUDGET

Workdays & Hours: Monday - Friday 8:00 am - 5:00 pm, Occasional Weekend / Holidays (Subject to change)

PURPOSE OF DIVISION

The purpose of the Budget Section within the Finance and Accounting Division of the Houston Airport System (HAS) is to ensure that we have proper controls on what has been allocated for the various HAS Divisions and to track what has been spent. The Budget Section ensures the overall financial health of HAS by making sure that we have adequate funds for the Divisions and provides timely reports to help management make prudent financial decisions and adjust forecasts to reflect any changes in plans in the operating budgets. The Budget Section also works with HAS divisions on annual budget preparation and coordinates with Downtown Finance on Financial reports that are required by City Council and provides other ad-hoc analysis and support as needed.

PURPOSE OF THE POSITION

The Financial Analyst IV ensures the financial health of HAS by supporting core financial processes such as monthly financial performance reviews and forecasting with cost center managers and preparing the annual O&M budget. This position performs monthly, quarterly and annual variance analysis as well as providing requested billing issues and providing financial analysis to support assigned cost centers. This position also provides other ad-hoc analysis and support as needed.

\"Must be able to pass a criminal background check, obtain and maintain federally mandated security clearances where required.\"

RESPONSIBILITIES

• Develops, monitors, analyzes, and maintains budgets, financial reports, records, projects, and plans to support departmental operations and fiscal management.


• Prepares, coordinates, monitors, and analyzes departmental and program budgets, including budget amendments, projections, and expenditure activity.


• Monitors line-item expenditures and revenue projections for assigned accounts and identifies variances, trends, and potential budgetary concerns.


• Processes and reviews financial transactions to ensure accuracy, compliance with applicable policies and procedures, and proper allocation of funds.


• Prepares financial analyses, forecasts, and reports to support management decision-making and long-term financial planning.


• Utilizes Power BI and other financial reporting tools to develop, maintain, and present dashboards, reports, and data analyses.


• Reviews financial programs, processes, and systems and recommends enhancements to improve efficiency, accuracy, reporting capabilities, and internal controls.


• Develops, coordinates, and monitors special projects and financial initiatives, ensuring objectives, timelines, and deliverables are met.


• Serves as a liaison to external agencies, organizations, and other stakeholders, providing assistance and responding to inquiries, complaints, and financial or administrative issues.


• Researches and analyzes financial and operational information and provides recommendations to address issues and improve program and budget performance.


• Maintains accurate and up-to-date financial records, documentation, and supporting materials in accordance with established policies and procedures.


• Collaborates with department and division staff to develop financial projections, identify funding needs, and monitor budget performance.


• Demonstrates a willingness and ability to learn new financial systems, processes, technologies, and reporting requirements.


• Performs other related duties and special assignments as requested by the Division or Department Head.

WORKING CONDITIONS

The position is physically comfortable; the individual has discretion about walking, standing, etc. There are occasional minor discomforts from exposure to less-than-optimal temperature and air conditions. The position may involve dealing with modestly unpleasant situations, as with occasional exposure to office chemicals and/or extensive use of a video display terminal. Requires the ability to make coordinated gross motor movements in response to changing external stimuli within moderately demanding tolerances; or the ability to make coordinated eye/hand movements on a patterned response space within low tolerance demands with no real speed requirements.

EDUCATIONAL REQUIREMENTS

Requires a Bachelor's degree in Finance, Accounting, Business Administration or a closely related field to the work being performed.

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.

EXPERIENCE REQUIREMENTS

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

Experience cannot be substituted for the Bachelor’s degree requirement.

LICENSE REQUIREMENTS

None

PREFERENCE FOR VETERAN APPLICANTS

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, and all other factors in accordance with Executive Order 1-6.

SELECTION / SKILLS TESTS REQUIRED

The selection process will involve application review and/or interview. Department may administer skills assessment test.

SAFETY IMPACT POSITION

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

PAY GRADE & SALARY INFORMATION

Pay Grade 25

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

EOE

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.