Financial Analyst II

Salary : $80,620.80 - $108,804.80 Annually
Location : City Hall- 101 1st St SE, Cedar Rapids, IA, IA
Job Type: Full-Time
Remote Employment: Flexible/Hybrid
Department: Finance
Division: Finance Analysts
Opening Date: 05/14/2026
Closing Date: 5/28/2026 11:59 PM Central
FLSA: Exempt
Bargaining Unit: NON_BARGAINING

The City of Cedar Rapids is seeking a highly skilled and self-driven Financial Analyst II to join our Finance team. This advanced role requires deep expertise in financial analysis, coordinating and maintaining capital and operating budgets, preparing cost of service models, long-range forecasting, and various accounting tasks. You'll serve as a trusted advisor to departments, helping shape strategic decisions through data, insight, and cross-functional collaboration. If you thrive in a fast-paced environment, can hit the ground running, and are passionate about driving public value through fiscal leadership- we encourage you to apply.
About our Organization At the City, we are committed to employing individuals who reflect our community's diverse backgrounds, and this position is crucial in the success and strategic direction of a growing and evolving community. We appreciate and leverage the vast experience individuals bring beyond the technical requirements of a job. If you are an individual with similar experience listed here please consider applying. Experience and skills combined with commitment to our core values is key to building a greater community now and for the next generation.


About our Community
Nestled in the heart of Iowa, Cedar Rapids is our vibrant and diverse community known for its rich history, culture, and natural beauty. Our city has a strong sense of community which can be seen at any of our numerous parks, recreational opportunities, and family-friendly events year round. You can also explore our thriving downtown district, filled with shops, restaurants, and entertainment options, or take a stroll along the Cedar River, which runs through the heart of the city.
About this Opportunity
Performs professional-level accounting functions, financial planning, complex financial research, analysis and reporting, and budget management work.
The City of Cedar Rapids does not offer sponsorship for employment authorization.

Position will be opened until filled.

Essential Duties & Responsibilities

• Develops long-term financial plans, prepares complex financial models, calculations, and cost of service rate structures to support long-term City financial sustainability.
• Identifies, researches, and prepares journal entries in accordance with accounting principles and established internal controls.
• Performs internal reviews and analyzes detailed financial transactions, accounting and budget records for proper classification & compliance with accounting standards, City policies and laws.
• Maintains the integrity of financial data within City's financial system through ongoing review, analysis, and reconciliation of activity.
• Responsible for mid-month and month end accounting processes.
• Performs detailed budget to actual analysis and financial research related to financial performance, trends, and projections. Creates written and detailed financial reports and summaries.
• Leads departments through the annual budget and budget amendment process.
• Maintains the City's operating, capital improvement and other budget and budget amendments while ensuring proper use of funds and accounting records.
• Maintains capital project accounting information in City financial system, ensuring proper expenditure recording, resource funding, and compliance with fund and capital asset accounting requirements.
• Identifies financial issues, risk and process improvements; develops recommendations and alternate solutions.
• Assists with special projects including cost/benefit analysis and financial evaluations.
• Provides financial and budget related training and guidance.
• Performs related work as required.

Qualifications


Required Education and Experience

• Bachelor's degree from an accredited college or university in accounting and three (3) to five (5) years of experience in professional accounting functions, budget to actual financial analysis and reporting, long-term financial planning, developing cost of service rates, and identifying financial issues and developing recommendations.
• Excellent written, verbal, and interpersonal communication skills.
• Proficiency with Microsoft Office.
• Ability to work collaboratively with a diverse population.

Supplemental Information

Work Schedule

• Monday - Friday 7:30am to 4:30pm

Equal Opportunity/Affirmative Action Statement
The City of Cedar Rapids is an equal opportunity/affirmative action employer. All job applicants will receive consideration for employment free from discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age (40 or older), disability and genetic information (including family medical history).

Applicants with Disabilities
We respect and value people with disabilities and are committed to providing a workplace culture of disability inclusion. People with disabilities are supported during the hiring process and are encouraged to apply for employment with the City of Cedar Rapids. In support of the Americans with Disabilities Act, reasonable accommodations will be provided to those in need of assistance with the application and interview process. To request an accommodation, contact the City's Human Resources department by phone at View phone number on click.appcast.io or by email at View email address on click.appcast.io.
We offer benefits and beyond for our employees and their families!

• Multiple health insurance plans administered by Wellmark Blue Cross and Blue Shield with low employee premiums, deductibles, and co-insurance (view our benefits summaries for more information: and )
• Expansive Wellness Program and low cost onsite exercise facilities
• Dental Insurance with Delta Dental of Iowa
• 100% city paid basic life insurance
• Other voluntary benefits offered including vision, long-term disability, and supplemental life insurance
• IPERS Retirement - Iowa Public Employees Retirement System, with contributions of 6.29% employee/ 9.44% City
• Deferred Compensation (IRS Section 457) retirement programs
• Generous paid time off AND 11 paid holidays per year
• Paid Parental Leave program with 4 weeks of paid time off
• Annual salary increases, AND an annual across-the-board increase (determined by available budget)
• Longevity Pay for years of service
• Educational assistance up to $3,000 per year
• A culture that is supportive and committed to professional development opportunities
• Public Service Loan Forgiveness - Employees may qualify for the PSLF program which forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments while working full-time for a qualifying employer.

01


How many years of experience do you have with accounting, research, analysis, building cost of service rates, and making conclusions and recommendations?

• Less than 1 year of experience
• At least 1 year of experience
• At least 3 years of experience
• At least 5 years of experience
• At least 7 years of experience
• At least 9 years of experience
• More than 10 years of experience

02


What statement best describes the highest level of education you have completed?

• High School
• Associate's Degree
• Bachelor's Degree
• Master's Degree
• Doctorate Degree

03


What was your major?

• Accounting
• Other major
• no degree

04


Which of the following best describes your proficiency with Microsoft Office?

• Beginner
• Intermediate
• Proficient
• Advanced
• Expert

05


Please describe the specific accounting tasks or responsibilities you have handled that align with the duties of this position.
06


Please describe the specific financial research and analysis work you have performed that aligns with the duties of this position.
07


Please describe your experience developing cost of service rates or models that align with the duties of this position.
08


Please describe your experience drawing financial conclusions and making recommendations that align with the duties of this position.
09


Which of the following tasks have you regularly performed in a leading or advising role (not just a supporting role) for at least three years?

• Researching and preparing journal entries
• Reviewing and reconciling income statements and balance sheets
• Maintaining operating and capital budget information while ensuring proper use of funds
• Preparing long-range financial plans
• Creating cost accounting models for goods and services
• Creating detailed financial reports, research, and analysis of data
• Creating written financial summaries of information or performance
• Performing reviews of transactions for proper recording or use of funds
• Identifying financial problems and issues and providing solutions or recommendations
• Creating and providing training and guidance to management or key stakeholders on their financial roles and responsibilities
• I have performed some of these tasks, but not as the primary owner for at least three years
• I do not have experience with any of these tasks

Required Question