Financial Analyst III

Austin, Texas


Employer: City of Austin
Industry: Professional
Salary: Competitive
Job type: Full-Time

Minimum Qualifications
Education and/or Equivalent Experience:
  • 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.



Licenses and Certifications Required:
  • None.
Notes to Applicants
The Human Resources Department works to position the City of Austin as an employer of choice through balanced, efficient and collaborative strategic partnerships. We support and develop a high performing and diverse workforce that fosters a healthy, safe, respectful and productive work environment for employees and their families, City departments and the community.

Position Overview:
As the Financial Analyst III you will be responsible for the following key tasks.
Review and approve accounting and financial transactions by verifying documentation and accurately completing transactions. Assist with development and maintenance of the operating budget for the department. Perform budget analysis by implementing the organization's budget process system, monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances; reviewing budget forecasts; and analyzing current and historical budget information and data. Prepare financial analysis, periodic, and ad-hoc reports by researching, compiling, monitoring, and summarizing current and historical financial information and data. Assist divisions and other customers by providing procedural and financial information and guidance. Assist in the annual and semi-annual audit process, and other tasks assigned by management.

When completing a City of Austin employment application:
  • Please be sure to detail on the application all previous employment that you wish to be considered as part of your qualifications. Please include contact information from previous employers.
  • A detailed, complete employment application is required. It helps us to better evaluate your qualifications and will be used to determine your salary if you are selected for this position. Be sure to provide the job title and employment dates for all jobs you wish to be considered.



If you are selected as a top candidate:
  • Verification of your education (including high school graduation or GED , undergraduate, and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution and evidence of your professional licenses or certifications.
  • This position has been approved for a Criminal Background Investigation ( CBI ).

Travel:

If you are selected for this position, and meet the Driver Safety Standards in the City of Austin Driver Safety Program, you may drive when necessary to multiple locations as part of your regular job duties. Otherwise, you are responsible for getting to and from these locations.

Benefits:
  • Working with the City of Austin provides a number of health and welfare benefits such as low-cost medical, dental, vision, paid leave time, a highly competitive retirement plan, training opportunities, and more. Please click HERE for more information.

An assessment(s) may be administered as part of the interview process.

Preferred Qualifications
Preferred Experience:
  • Experience developing financial forecast and budget.
  • Experience preparing and maintaining complex financial modeling, account reconciliation, financial analysis and process improvement.
  • Experience managing Accounts Payable, Accounts Receivable, cash receipts, general ledger, monthly and yearly close accruals.
  • Strong data analytical skills, advanced level of proficiency in MS Excel.
  • Experience using Automated Accounting and Financial reporting systems.
  • Ability to travel to more than one work location.
Duties, Functions and Responsibilities
Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.


  • 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.


  • Responsibilities- Supervision and/or Leadership Exercised:
    • May provide leadership, work assignments, evaluation, training, and guidance to others.
    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 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.



    Criminal Background Investigation This position has been approved for a Criminal Background Investigation. EEO/ADA
    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 (512) 974-3210 or Texas Relay by dialing 7-1-1.

    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.

    Information For City Employees: If you are an employee within the department, are in good standing and meet both the minimum and preferred qualifications, then you will receive an initial interview.


    Created: 2024-05-08
    Reference: 118097
    Country: United States
    State: Texas
    City: Austin
    ZIP: 78749


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