Financial Analyst IV (CIP and Budget)

City of Austin; Austin (TX); Hybrid; USD 85,000 - 108,000; Full time

Benefits offered by this job

Telework options (60% COA telework)

Job summary

City of Austin seeks a Financial Analyst IV to join the Austin Energy CIP Budget Team. You will develop long-range financial forecasts, revenue estimates, rate recommendations, and complex models while coordinating with program staff for capital budgets.

Strong data analysis, reporting, and stakeholder communication are essential. Responsibilities include debt management, CIP project support, and regulatory reporting, with exposure to BI dashboards and multiple financial systems.

Qualifications

• Bachelor's degree in Finance, Accounting, or Economics with five years' related experience.
• Experience with public budgeting, government accounting, and rate setting.
• Proficiency in financial modeling, debt analysis, and regulatory reporting.

Responsibilities

• Develops and prepares reports, analyses, and models for revenue and budgets.
• Develops cost of service studies to comply with regulatory requirements.
• Manages CIP budget development and monitoring for the department.
• Performs budget analysis and variance reporting across multiple systems.
• Prepares complex financial analyses, benchmarks, and ad-hoc reports.
• Provides financial support and monitors CIP projects.
• Develops and maintains complex databases and BI reports.

Skills

Budget analysis

Financial forecasting

Debt analysis

Power BI dashboards

Data visualization

Report writing

Communications

Public budgeting

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree may substitute for 2 years experience

CPA or MAcy substitution for 1 year experience

Tools

Advantage 4

Strategy

PowerPlan

eCOMBS

eCAPRIS

Job description

About This Position

This position supports the Austin Energy CIP Budget Team and is responsible for working with program area staff on the development and monitoring of their capital project budgets. Successful candidates will possess a strong understanding of governmental budgeting, data analysis, reporting, and communicating financial information to a diverse group of internal and external stakeholders.

Job Description

Financial Analyst IV Purpose: Develop and prepare long range financial forecasts, revenue estimates, rate recommendations, expenditure trends, economic forecasts, computer financial models and other complex financial and statistical analysis.

Duties, Functions and Responsibilities

• Develops and prepares reports, analyses, and models used in revenue and economic forecasts and budgets.
• Develops and completes cost of service rate and structure recommendations, rate studies, and methodology analysis to comply with State regulatory requirements using multiple variables.
• Primarily responsible for developing 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 organization’s 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 complex financial analysis, periodic and ad-hoc reports by researching, financial benchmark reporting, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems.
• Develops and prepares reports, analyses, and models to analyze debt issuances, bond issuance timing, Official Statement updates, calculate debt service requirements, equity financing ratios, cash reserve requirements, revenue bond debt refunding, rating agency presentations and other debt related requirements.
• Performs debt administration, impact analysis and monitors 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.
• Develop and maintain complex databases to conduct comprehensive financial and technical analysis, and develop models and reports in Business Intelligence system to support and monitor performance and financial benchmarks.
• Develop complex reports and documentation in compliance with local, State and Federal regulatory requirements.
• Conduct cost analysis, financial and performance benchmarking with other entities and assist in development of expert testimony.
• 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.

Responsibilities - Supervisor and/or Leadership Exercised

• May be responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal.

Knowledge, Skills, and Abilities

• Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
• Knowledge of the processes and theories used for public budgetary and financial policies.
• Knowledge of accounting practices and concepts.
• Knowledge of utility ratemaking and cost of service study methodology.
• Knowledge of debt instruments, cash management and utility financing methods.
• Knowledge of forecasting models; econometric studies, analysis and forecasting; and estimating methods and techniques.
• Knowledge of cost benefit analysis, feasibility studies and net present value analysis methods.
• Knowledge of enterprise budgeting, financial planning or accounting.
• Knowledge of research methods, survey techniques, statistical concepts and report writing.
• Ability to complete detailed financial and economic analyses.
• Ability to lead and/or facilitate meetings and workshops.
• Ability to work independently.
• Skill in generating and analyzing financial and statistical reports.
• Skill in communicating effectively, orally and in writing.
• Skill in using computers and related software applications.
• Skill in performing quantitative analysis.

Minimum Qualifications

• Graduation with a Bachelor's degree from an accredited college or university with major coursework in a field related to Finance, Accounting, or Economics plus five (5) years' experience in a related field.
• A Master's degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field may be substituted for 2 years' experience.
• A five (5) year accounting (MAcy) degree or CPA designation may be substituted for 1 years' experience.

Licenses and Certifications Required

None

Preferred Qualifications

• Experience with Advantage 4, Strategy, PowerPlan, eCOMBS, and eCAPRIS, or similar financial systems and/or applications.
• Experience working with integrated financial systems from multiple vendors.
• Experience with capital purchases, fixed assets, and inventories.
• Experience developing, tracking, and improving business processes.
• Experience preparing and communicating information to various stakeholder groups with differing levels of financial experience, both internal and external to the organization, including creation and maintenance of Power BI dashboards.

Notes to Candidate

Pay Range: $84,670.00 (Entry) - $107,500.00 (Midpoint), Schedule: Monday - Friday (8:00AM - 5:00PM) (60% COA telework policy, schedule may change due to departmental needs), Location: 4815 Mueller Blvd, Austin Texas 78723

Employment Process

Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before the date listed.

Good Standing Employees

Employees, in Good Standing, who are candidates within the department/division that the position resides in and who meet the minimum and all of the preferred qualifications (if any) of the position will be included in the initial interview. Department/division employee must remain in Good Standing through the Top Candidate Selection phase at which time the Good Standing status will be re-verified.

Critical Employee

This position has been designated as a Critical Employee position. Critical Employees are considered necessary and vital and supports activities that impact City or department operations. This work can be done while at a designated work site or while working at an alternate work location. Critical employees who are able to work at an alternative work location are required to do so. Schedules may be modified, and employees may be reassigned to another area during extraordinary situations or emergency conditions to provide essential services.

Fair Labor Standards Act

This position is considered FLSA Exempt. Exempt employees are salaried and, except as provided, are not eligible for overtime compensation.

Join the City of Austin Team

At the City of Austin, we are more than just an employer—we are a vibrant community dedicated to shaping one of the nation's most dynamic and innovative cities. As we strive to fulfill our commitment as public servants, it is important that we ground our efforts in a set of guiding principles – Empathy, Ethics, Excellence, Engagement, and Equity – that anchor our delivery of services that significantly impact the lives of Austinites.

What Makes the City of Austin Special? Make a Difference: Join a team driving meaningful change in one of the fastest-growing cities in the nation. Value and Innovation: Work in an environment where employees are valued and innovation thrives. Competitive Benefits: Enjoy a comprehensive compensation package that includes generous leave, work-life balance programs, and extensive benefits. Retirement Security: Plan for the future with the City of Austin Employees' Retirement System. Sustainable Transportation Options: Commute easily with access to public transit and bike-friendly infrastructure. Focus on Wellness: Stay healthy through wellness programs, on-site fitness centers, and mental health support. Career Growth: Advance your skills and expertise with professional development and leadership opportunities. Modern Workspaces: Work in innovative and sustainable environments that foster collaboration and inspiration.

By joining us, you become part of a community that values its people and is committed to making Austin the most thriving and resilient city in the country.

EEO Statement for City of Austin

The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS, AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.

City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call [phone] or Texas Relay by dialing 7-1-1.

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