Financial Analyst IV (May underfill at a leve III)

Position Title:

Financial Analyst IV (May underfill at a leve III)

Job Description:

Performs cost and revenue analysis, including review of City revenues, expenditures, existing fees, fines, taxes, etc. Reviews financial reports, plans and capital expenditures; billing/assessments; revenue management practices; operating records and financial statements. Determines appropriate activity costs and proposes alternatives.

Work Location: This position follows a hybrid work schedule, with a combination of remote and in-office work. Employees are expected to work onsite as required by the department.

Visa Sponsorship: Salt Lake City Corporation does not provide visa sponsorship for this position. Candidates must be legally authorized to work in the United States without employer sponsorship.

This position is eligible for full city benefits, including:

• Health Insurance
• Dental, Vision and Life Insurance
• Paid vacation and personal leave
• 6-12 weeks of paid parental leave available
• Retirement contributions toward a pension plan and/or 401(k)
• A robust Employee Assistance Plan (EAP)
• Up to $4,000 tuition reimbursement annually
• Discounted supplemental benefits like pet insurance and legal services

TYPICAL DUTIES:

• Performs internal financial and process reviews to assess department compliance, efficiency, effectiveness of internal controls, and utilization of City resources.
• Analyzes financial data to evaluate trends, variances, and performance, exercising discretion and independent judgment in recommendations.
• Utilizes historical data to recognize, calculate, and forecast monthly and annual revenue and expenses for current and future City programs. Assists in determining program cost and effectiveness.
• Conducts complex economic research and studies designed to identify potential revenue sources and enhance existing revenue streams. Reviews and interprets current and pending legislation with potential financial impacts on City programs and revenue.
• Provides input for and assists in annual budget preparation. Prepares periodic closing statements and various reports for management and external agencies. Develops and completes periodic and annual financial reports.
• Prepares special reports and financial studies for management and alerts leadership to significant variances from plan. Coordinates and resolves financial compliance or reporting issues to ensure accurate interpretation of policies.
• Develops and/or modifies policies and procedures related to financial reporting, cost analysis, and specialized financial processes. Provides interpretation of financial accounts, methods, and records for directors, managers, and officials.
• May provide work leadership for a finance or accounting functional unit, supporting team members with financial analysis tasks and process improvement initiatives.
•  FINANCIAL ANALYST III – Demonstrates a sound understanding of, and ability to follow, established procedures, departmental guidelines, and precedents in performing various financial functions. Demonstrates sound discretion and competence in performing financial functions related to financial, accounting, investigation, coordination, and analysis. Develops, interprets, and implements highly complex financial/accounting concepts and advanced techniques for financial planning and control. Provides specialized technical analysis to determine present and future financial performance. Directs the development and implementation of new concepts and techniques for financial information analysis. Requires five to eight years of related work experience. A Master’s degree level of education or certification may be required at this level.
• FINANCIAL ANALYST IV – Demonstrates a sound understanding of  and ability to follow, established procedures, departmental guidelines, and precedents in performing various financial functions. Demonstrates sound discretion and competence in performing financial functions related to financial, accounting, investigation, coordination, and analysis. Demonstrates ability to interpret and implement highly complex financial/accounting concepts and advanced techniques for financial planning and control. Demonstrates ability to provide specialized technical analysis to determine present and future financial performance, as well as the ability to direct the development and implementation of new concepts and techniques for financial information analysis. Prepares special reports and financial studies for management and alerts them to significant variances to plan. Coordinates, negotiates, and resolves financial compliance issues to ensure accurate interpretation. Develops and/or modifies major policies and procedures for financial reporting and cost analysis in specialized areas. Provides interpretation of accounts, methods and records for directors, managers, and officials. May provide work leadership for a finance/accounting functional unit. Requires eight or more years of related work experience. A Master’s degree level of education or certification may be required at this level

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MINIMUM QUALIFICATIONS:

• Graduation from an accredited four-year college or university with a degree in accounting, finance or a related field, plus eight years of any combination of professional accounting, auditing or financial analysis experience. Education and work experience may be substituted one for the other on a year-for-year basis. A Master’s degree level of education or certification may be required.
• Ability to apply professional judgment in the application of standard and advanced accounting techniques and principles and make accurate mathematical calculations.
• May require knowledge of the specific laws, ordinances and regulations governing financial operation of the City.
• Experience in external and/or internal auditing.
• Basic typing skills and knowledge of personal computer operation, including proficiency with office software applications such as MS Word and Excel.
• Ability to communicate effectively with others.
• Ability to understand and follow oral and/or written policies, procedures and instructions.
• Ability to perform a wide variety of duties and responsibilities with accuracy under the pressure of time-sensitive deadlines.

WORKING CONDITONS:

• Light physical effort. Some discomfort associated with prolonged periods of confinement to work station, concentrating on figures and computer reports, and video display screens.
• Low level exposure to stressful situations as a result of human behavior.

The above statements are intended to describe the general nature and level of work being performed by persons assigned to this job.  They are not intended to be an exhaustive list of all duties, responsibilities and skills required of personnel so classified.  All requirements are subject to possible modification to reasonably accommodate individuals with disabilities.

POSITION TYPE

Full-Time

POSITION SALARY RANGE

$94,731.65 - $128,166.35

DEPARTMENT

Finance

Full Time/Part Time:

Full time

Scheduled Hours:

40