Financial Analyst III - Austin Financial Services

Financial Analyst III

Coordinates and develops budget process deliverables. Provides financial information to management by planning, developing, interpreting, monitoring, processing and reporting financial and budget information for use by management.

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.

May provide leadership, work assignments, evaluation, training, and guidance to others.

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.

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.

None.

Knowledge of fixed income accounting

Knowledge of PFIA Texas Government Code 2256

Experience in governmental fund accounting

Advanced Microsoft Excel skills

Preferred certifications: CPA, CTP

Ability to travel to more than one work location

Notes to Candidate:

The City of Austin manages over $4 billion across multiple fixed-income investment portfolios. This position plays a key role in supporting the City's investment strategy and financial stewardship responsibilities.

Maintain the Portfolio Management System daily for the City's $4.0 billion fixed income portfolio. Document and verify all direct investment trades, interest payments, call, maturities, money markets, and Local Government Investment Pool transactions.

Investment Reporting and Accounting – Prepare investment accounting entries and standard reports for all funds – which requires meeting monthly deadlines

Investment Trading – Facilitate daily investment trading with the City's Custodian by recording trades in on-line platform, monitoring trade settlement, and coordinating and resolving any potential trade issues with the custodian and/or City's broker/dealers. Assist with Investment market research on investments.

Employees in this position are required to work in office, or remotely, on the first three days of each month to support monthly reporting and operational deadlines.

Requirement to work in office for initial training, then eligible for 3 days telework schedule.

$71,630 - $90,980 (Annual)

Monday – Friday; 8:00 a.m. to 5:00 p.m.

Telework opportunities may be available after an initial training period. Work schedules are implemented to meet the requirements of the department and are subject to change based on business needs.

Staff eligible to telework must be in the office for at least 40% of their scheduled work week.

Town Lake Center, 721 Barton Springs Rd., Austin TX

A detailed, complete COA 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.

Please be sure to detail on the application all previous employment that you wish to be considered as part of your qualifications.

For each position, please describe your specific experience as it relates to the minimum and preferred qualifications.

A cover letter is required. In the cover letter candidates should describe, in concise detail, their interest in this position and highlight any prior experience that is relevant to this position.

A résumé is also required but will not substitute for a complete COA employment application. Resumes are not accepted in place of a completed online application. It is the responsibility of the applicant to provide the detailed and relevant work experience, which would qualify them for the position.

When completing the City of Austin employment application, the work experience listed must include a month, year, and a verifiable Supervisor or Human Resources phone number.

Incomplete applications will not be considered.

Each individual who submits an Application as provided in the Municipal Civil Service Rules and meets the Minimum Qualifications for a Competitive Position shall be considered a Candidate for that Position. Employees, in Good Standing, who are candidates within the Department or division that the Position resides in and who meet the Minimum and Preferred Qualifications (if any) of the Position will be included in the initial interview.

Use of AI is strictly prohibited to respond to the application and during the interview process.

Please be aware that the 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. All application steps, including attachments and submission, must be fully completed before that time.

Austin Financial Services may close this job posting at any time after it has been advertised for seven (7) days, please apply as soon as possible if interested.

This position may require a skills assessment.

If you are identified as a top candidate, verification of your education, which may include High School graduation or GED equivalent, undergraduate and/or graduate degrees, will be required.

This position will require a pre-employment Criminal Background Investigation (CBI).

If you are selected as the top candidate for a position, we may contact your current and former employer, as well as the references listed in your application. Please be sure you have listed at least 3 previous supervisors in the application with correct contact information.

If you are identified as a top military candidate or a veteran, you must provide a copy of your DD-214.

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