Senior Financial Analyst

Senior Financial Analyst

Ride BART to a satisfying career that lets you both: 1) make a difference to Bay Area residents, and 2) enjoy excellent pay, benefits, and employment stability. BART is looking for people who like to be challenged, work in a fast-paced environment, and have a passion for connecting riders to work, school and other places they need to go. BART offers a competitive salary, comprehensive health benefits, paid time off, and the CalPERS retirement program.

Job Summary

Pay Rate: AFSCME Pay Grade 13

Annual Salary: $128,356.80 (Step 1) - $156,020.80 (Step 5)

Note: Initial negotiable annual salary will be commensurate with education and experience.

Reports To: Senior Manager of Agreement Management

Days Off: Saturday/Sunday

Who May Apply: All current BART employees and Future BART employees

Current Assignment: San Francisco Bay Area Rapid Transit (BART) is seeking to fill one (1) Senior Financial Analyst position.

The Senior Financial Analyst will be responsible for administering and monitoring complex, multi-year Professional Service Agreements, including reviewing invoices for contractual and financial compliance, performing financial, statistical, and comparative analyses of actual and budgeted costs, conducting overhead true-ups, and developing work plans from initial conception through decommitment. The position will also perform related financial and agreement management duties as assigned by the Senior Manager of Agreement Management.

The most qualified candidate for this position will have highly developed competencies beyond the minimum qualifications in the following areas, which will be reinforced with related work experience and will be clearly articulated during the selection process:

1. Principles and practices of capital budgeting and financial management.
2. Familiarity with general accounting principles and Federal Acquisition Regulation (FAR)
1. Ability to reconcile data from multiple sources, ensure data accuracy and consistency, and support the automation and enhancement of financial reports and analyses.
1. Strong presentation and communication skills to effectively articulate project financial management information derived from data and analytical reports.
2. Ability to develop and foster relationships with all levels of the organization, as well as external entities and/or customers.
3. Problem-solving skills, including the ability to identify and frame issues, analyze relevant data, and develop clear statistical or narrative summaries for presentation to management.
4. Ability to develop, evaluate, and continuously improve systems and processes to enhance efficiency, accuracy, and effectiveness.
5. Strong prioritization skills with the ability to manage multiple projects and maintain high attention to detail.
6. Advanced proficiency in Microsoft Excel (e.g. Pivot table, lookup and reference functions, if statements, data importing and linking), Microsoft Word and PowerPoint.
7. Experience with ERP financial software such as Oracle/ PeopleSoft Financials including budgeting, planning, commitment control and procurement.

Application & Selection Process: This position is represented by American Federation of State, County, and Municipal Employees (AFSCME). All applicants must apply online at Applications must be completed in full and include all requested information, including dates of employment, positions held, hours worked, and a detailed description of duties performed.

Applicants may attach a resume to provide supplemental information; however, the resume does not substitute for completing the application form in its entirety. Only information included in the application at the time of submission will be used to determine whether applicants meet the minimum qualifications for the position. All application materials must be submitted by the closing date and time listed on the job announcement. Applications received after the closing deadline will not be considered.

Applicants who require assistance with the online application process may contact the Talent Acquisition Division at View phone number on click.appcast.io or View email address on click.appcast.io.

The selection process for this position may include one or more of the following: a skills or performance demonstration, written examination, and/or panel or individual interview.

All applications will be reviewed by the Talent Acquisition Division to determine whether applicants meet the established Minimum Qualifications (MQs). Applicants who meet the MQs may be referred to the hiring department for further evaluation as part of the selection process.

The selected candidate must demonstrate a work history reflecting reliability and dependability and may be required to provide copies of certificates, diplomas, or other documentation required by law, including proof of authorization to work in the United States.

Pre-employment processing will include a background check. This requirement does not apply to current full-time District employees unless the position requires additional evaluations or clearances.

Examples of Duties

1. Participates in the more difficult work of staff responsible for complex financial, statistical, and program management analysis in assigned division area.
2. Participates in the preparation, administration, and monitoring of District-wide budgets; compiles and analyzes budget data; monitors funding agreements and maintains budget schedules to assure conformance with funding agencies; ensures maintenance of expenditure records which conform to funding agency and District reporting requirements.
3. Analyzes contract provisions and change orders related to approved cost of work and budget allocations; analyzes and reports cost variances, ensures that cost control methods are implemented and applied to program objectives; analyzes funding and cost data for management inquiries regarding work plans, consultants, and contract authority.
4. Monitors and administers construction or funding agreement contracts in accordance with District and mandated guidelines; compiles actual costs by project; performs financial, statistical and comparative analysis of actual and budget costs.
5. Identifies funding sources for proposed projects; projects cash flow requirements; maintains budgetary records for proposed projects.
6. Provides support to project managers in setting budgets, schedules and estimates; tracks progress on projects versus original budgets and schedules; works closely with project staff and consultants to ensure project compliance.
7. Develops and recommends improvements to computerized financial management system.
8. Coordinates project activities with other departments, divisions and external agencies; works closely with other divisions to apply for and monitor the use of fund grants from city, county, state, and federal sources; monitors work in progress and authorizes contract payments.
9. Conducts financial and management studies to evaluate system performance and operating efficiencies; presents studies to communicate findings and recommendations to senior management and the Board of Directors.
10. May train assigned employees in their areas of work including budgeting and financial analysis methods, procedures and techniques.
11. Prepares quarterly, semi-annual, and special analytical and statistical reports on operations and activities for management, regulatory and outside agencies.
12. Reviews invoices; determines budget conformity; reports discrepancies and billing adjustments.
13. Prepares the Annual Budget and the 5-Year forecast for each capital project and program assigned; involves budgeting for staffing requirements and coordinating with various departments who support the projects; includes budgeting for non-labor expenses for the budget year and for the out years.
14. Participates in special projects as assigned.

Minimum Qualifications

Education: A Bachelor's degree in business administration, accounting, economics or a closely related field from an accredited college or university. Experience: Three (3) years of (full-time equivalent) verifiable professional budgetary, financial, or management analysis experience. Substitution: Additional professional experience as outlined above may be substituted for the education on a year-for-year basis. A college degree is preferred.

Knowledge and Skills

Knowledge of:

• Operations, services and activities of a comprehensive budget and financial control program.
• Principles of lead supervision and training.
• Principles of financial and operational analysis.
• Federal, State and local funding programs, associated guidelines and processes.
• Principles and practices of project management.
• Principles and practices of engineering and construction management.
• Advanced principles, practices, and procedures of accounting.
• Financial, statistical and comparative analysis principles, techniques and formulas.
• Principles and practices of project budget development, administration and control.
• Principles and practices of procurement.
• Methods and techniques for assessing performance against established objectives.
• Principles and practices of project scheduling.
• Principles and practices of financial record keeping and reporting.
• Current office procedures, methods and equipment including computers.
• Applicable financial computer software applications.
• Related Federal, State and