SENIOR FINANCIAL ANALYST

JOB ANNOUNCEMENT

Senior Financial Analyst

Department of Finance

Chicago Benefits Office

Number of Positions: 1

Additional vacancies possible pending budget approval

Starting Salary: $80,472.00/annually

Applications for these positions will be accepted until 11:59pm CDT on August 30, 2024.

Number of Positions: 1

Under direction, performs complex financial analysis and oversees staff engaged in the analyses of fiscal/cost related data for City programs and services, and performs related duties as required.

ESSENTIAL DUTIES

• Performs and oversees the conduct of research on current and historical revenues and expenditures, identifies trends, and prepares fiscal projections.

• Performs in-depth analyses of debts, fiscal liabilities, and operational costs, and prepares budget estimates.

• Performs and oversees the conduct of cost/benefit analyses of current and proposed programs and operations and recommends financial controls to improve cost efficiencies.

• Develops computer models to analyze data, formulate rate structures, and calculate various fees for departmental programs and services.

• Coordinates and participates in audits of contractors to ensure the accuracy of billings and compliance with contract provisions.

• Prepares audit reports and presents recommendations at post audit meetings.

• Reviews bid proposals submitted by private contractors and identifies the most cost-effective proposal.

• Prepares and reviews fiscal reports.

• May provide fiscal data relative to employee benefits costs during labor negotiations.

• May train and coordinate the work of staff and private consultants in the conduct of special financial analyses projects.

• Performs financial reporting and analysis.

• Evaluates RFP responses.

• Audits healthcare benefits and contributions.

• Conducts cost projections.

• Performs reconciliations.

Additional duties may be required for this position.

LOCATION: Department of Finance

Chicago Benefits Office

2 N. LaSalle St.

Chicago, IL 60602

DAYS & HOURS: Normal Business Hours, Monday through Friday

THIS POSITION IS IN THE CAREER SERVICE

Qualifications

Graduation from an accredited college or university with a bachelor's degree in finance, accounting, or a directly related field, plus three years of work experience in the analysis of financial records, or an equivalent combination of education, training, and experience, provided the minimum degree requirement is met.

SELECTION REQUIREMENTS

This position requires applicants to successfully complete an interview which will include a written exercise and/or skills assessment as part of the interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position, based on the oral and written parts of the interview will be selected.

Preference will be given to candidates possessing the following:

• Previous experience in healthcare administration or management, specific to finance and budget practices

• Knowledge of healthcare regulations and reimbursement policies

• Previous experience preparing standard financial management reports, i.e., reconciliations, budgets, forecasts

• Previous auditing experience

• Previous experience managing vendors

• Proficiency with Microsoft Word and Microsoft Excel

• Proficiency with Tableau

SELECTION REQUIREMENTS

This position requires applicants to successfully complete an interview which will include a written exercise and/or skills assessment as part of the interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position, based on the oral and written parts of the interview will be selected.

APPLICATION EVALUATION: Initial evaluation will be based on information provided on the application and the documents submitted. Department of Human Resource staff will review applications after the final posting date. Staff will follow any and all required Employment/Hiring Plan provisions, federal, state and local laws, and Collective Bargaining Agreements when applicable. Staff will apply hiring preferences as required by the municipal code. Placement on an eligibility list is not an offer or guarantee of an interview nor employment with the City of Chicago.

COMMITMENT TO DIVERSITY: To further our commitment to hiring applicants with diverse experience the City of Chicago has adopted the following ordinances 2-74-020 and 2-74-075. The ordinances provide a preference to applicants who meet minimum qualifications and who are veterans of the Armed Forces, and/or residents of Socio-Economically Disadvantaged Areas (SEDA) and/or Chicago Public School (CPS) high school graduates to be referred to departments for consideration. These hiring preferences do not apply to bidders, as Collective Bargaining Agreements define the hiring process for bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates. To learn more about our hiring practices click here.

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.

The City of Chicago in an Equal Employment Opportunity and Military Friendly Employer.

City of Chicago

Brandon Johnson, Mayor