Principal Financial Analyst

Financial Analyst Position

The Financial Analyst performs fund accounting and financial management functions. The fundamental reason this classification exists is to cost our Service Plan and support the preparation and administration of the Metro Transit's annual operating and capital budgets. The responsibilities include producing regular and ad-hoc financial reports and ensuring compliance with accounting standards.

This position is eligible for a hybrid (both remote and onsite) telework arrangement. The candidate's permanent residence must be in Minnesota or Wisconsin.

The job duties include:

• Responsible for costing out our annual Service Plan in a reliable and timely manner; the Metro Transit Service plan drives the annual operating budget. The Service Plan maps out our annual bus and rail service on the street.
• Serves as an information resource to the operating departments of the agency as related to budget preparation, resource planning and financial results based on our annual Service Plan
• Review and analyses of general ledger accounts
• Monitors journal entries to properly account for Council activities
• Ad-hoc reporting and internal controls related to the timeliness and accuracy of financial reporting
• Prepares financial analysis for customers with varying degrees of financial understanding
• Responds to Federal and State Audit questions accordingly
• Maintains data within relevant systems including PeopleSoft (Financial and HRMS), Hyperion, TxBase and will be responsible for monitoring all sub-systems and departments with the general ledger to ensure accurate financial reporting
• Helping department managers and project managers understand their budget to actual reports is a daily duty for Metro Transit analysts; this position will deal mostly with department managers and project managers
• Assists with the preparation of annual budget plans in Oracle Hyperion and incorporates them into the Council's Operating Unified Budget and six-year Capital Improvement Budget plan
• Monitor's Capital Improvement Projects authorized dollar authority as approved by the council
• Monitor's Regional Transit Capital balances
• Communicates budget information and issues to appropriate staff across the agency
• Designs and coordinates internal budgetary information gathering and reporting as requested by Finance staff
• Monitors financial, operational reporting and prepares variance to budget analysis
• Assigns project numbers to Capital Projects and updates the Capital Life to Date report with Council amended allocations
• Works with grants administration and accounting staff to complete Notice of Grant Awards and Notice of Funding Awards
• Coordinates and inputs budgetary data into Metro Transit financial systems to generate monthly financial statements
• Analyzes researches and recommends budgetary alternatives for operational capital and policy issues
• Prepares special administrative management studies, analyzes budget expenditure estimates and fund balances to ensures compliance with federal policies and procedures
• Assists Senior Staff to develop and evaluate models to accurately project future revenues and cost estimates
• Monitors ongoing Financial and operational results for deviations from plan and recommends corrective actions to decision makers
• Identifies system modifications for improved financial controls and evaluates programs effectiveness and recommends changes
• Other duties assigned or apparent

Education and Experience Required

Any of the following combinations of experience in an accounting or finance environment including the development and use of financial or budgeting systems and completed education in accounting, finance, business administration, or closely related field:

Financial Analyst

• High school diploma/GED with eight (8) years of experience in an accounting or finance environment including the development and use of financial or budgeting systems
• Associate degree with six (6) years of experience in an accounting or finance environment including the development and use of financial and budgeting systems
• Bachelor's degree or higher with four (4) years of experience in an accounting or finance environment including the development and use of financial or budgeting systems

Principal Financial Analyst

• High school diploma/GED with nine (9) years of experience in an accounting or finance environment including the development and use of financial and budgeting systems
• Associate degree with seven () years of experience in an accounting or finance environment including the development and use of financial and budgeting systems
• Bachelor's degree or higher with five) years of experience in an accounting or finance environment including the development and use of financial or budgeting systems

Additional Information

Union(s): Non-Represented Grade G FLSA Status: Exempt Safety Sensitive: No Full Salary Range $41.34- $67.08 Hourly | $85,987.20- $139,526.40 Annually

Union(s): Non-Represented Grade I FLSA Status: Exempt Safety Sensitive: No Full Salary Range $46.40 - $75.30 Hourly-$96,512.00 - $156,624.00 Annually

What your work environment would be: You would perform your work in a standard office setting. Work may sometimes require travel between your primary work site and other sites.

What steps the recruitment process involves:

1. We review your minimum qualifications.
2. We request your Work Record Evaluation (ATU employees only).
3. We rate your education and experience.
4. We conduct a structured panel interview.
5. We conduct a selection interview.

Once you have successfully completed the steps above, then:

If you are new to the Metropolitan Council, you must pass a drug test (safety sensitive positions only), and a background check which verifies education, employment, and criminal history. A driving record check and/or physical may be conducted if applicable to the job. If you have a criminal conviction, you do not automatically fail. The Metropolitan Council considers felony, gross misdemeanor and misdemeanor convictions on a case-by-case basis, based on whether they are related to the job and whether the candidate has demonstrated adequate rehabilitation. If you are already an employee of the Metropolitan Council, you must pass a drug test (if moving from a non-safety sensitive position to a safety sensitive position) and criminal background check if the job you're applying for is safety sensitive, is a supervisory or management job, is in the Finance, Information Services, Audit, or Human Resources departments, or has access to financial records, files/databases, cash, vouchers or transit fare cards. A driving record check and/or physical may be conducted if applicable to the position. IMPORTANT: If you make a false statement or withhold information, you may be barred from job consideration. The Metropolitan Council is an Equal Opportunity, Affirmative Action, and veteran-friendly employer. The Council is committed to a workforce that reflects the diversity of the region and strongly encourages persons of color, members of the LGBTQ community, individuals with disabilities, women, and veterans to apply. If you have a disability that requires an accommodation during the selection process, please email View email address on click.appcast.io