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Financial Analyst - City of Issaquah ( Job # 18-0077)

Minimum Salary: $5,634.00 per month
Maximum Salary: $7,186.00 per month
Employment Type: Full Time
Department: Finance
Open until filled.
(Open to current employees and the general public.)

Summary

(Pending approval of 2019 budget).

The City of Issaquah has an exciting opportunity for an individual seeking professional growth with our Finance team. The Finance Department supports the Issaquah community by providing outstanding and innovative financial services. Its mission is to provide accountability for all public funds, assets, policies and systems in the most effective and efficient manner possible, maximizing the use of limited resources, all the while delivering responsive, quality customer service to our citizens and fellow employees.

Under general supervision, the Financial Analyst performs a variety of accounting and statistical analysis functions in the maintenance of financial, technical, and accounting records; assists in developing operation budgets; prepares grant billings; assists with the development of cost allocation models; and prepares a variety of financial reports as needed. The primary focus is on analysis relative to daily operations and the development and implementation of new or revised accounting procedures and operational processes. 

The City offers a comprehensive benefits package to employees and their dependents. This includes choices of medical and dental coverage, voluntary participation in a Flexible Spending Account, Washington State retirement, 457 deferred compensation match, participation in Social Security, life insurance, provision of compensatory time, and other health and wellness incentives.


Essential Functions
  • Performs professional-level accounting, finance, and budget functions and statistical analysis for the Finance Department.
  • Assists in the research and analysis of citywide financial and policy issues; gathers information, reviews and recommends changes to citywide policies and procedures.
  • Serves as a technical resource to department staff on a variety of budgeting, accounting, and special fund issues.
  • Manages a complex variety of local, regional, State, and Federal grants and loans; develops and maintains a tracking system to bill grants, loans, and related reimbursable expenses for outside contractors in accordance with local agreements and contracts.
  • Prepares financial reports, including research and data analysis, revenue and expense allocation, supporting documentation, schedules, and other supplemental information as required.
  • Assists in the coordination and preparation of special projects and Department budgets; reviews budget submittals and amendments and develops recommendations.
  • Assembles materials to illustrate complex financial forecasts, budget adjustments and status reports; effectively communicates recommendations to management.
  • Ensures integrity in the city's cash flow by monitoring actual versus budgeted revenue and expenditures; prepares documents to seek approval for budget adjustments.
  • Researches and analyzes various information and data to effectively manage debt and reserves, operational grants, utility rate setting, and capital program funds.
  • Provides advice to managers and departments on sources, types, legitimate uses and availability of funds and maintains the timeframe for recognizing and utilizing grants.
  • Assists in the negotiation of contracts/agreements, and monitors implementation and close out of projects.
  • Coordinates with representatives of private business, other jurisdictions and interdepartmental staff to resolve contract and payment issues.
  • Researches and analyzes statistical reports and other available information to determine type and cause of anomalies and variances; conducts special studies and prepares reports as required.
  • Provides back-up assistance to payroll, including support with payroll processing and year-end reconciliations.  
Qualifications

Education & Experience:

  • Bachelor's degree in Business, Business Administration, Finance, or related field, AND
  • Three (3) years progressive experience in financial analysis or modeling; OR
  • Any equivalent combination of education and experience that would provide the required knowledge, skill and abilities to perform the essential duties listed above.
  • Experience with payroll preferred.

Licensing & Certification:

  • For qualified applicants, a valid Washington State Driver’s license free from frequent or serious violations.
Knowledge, Skills & Abilities

Knowledge of:

  • Generally Accepted Accounting Principles (GAAP).
  • Budgeting, Accounting and Reporting Standards (BARS). 
  • Generally Accepted Auditing Principles for Public Sector financial management.
  • Methods of forecasting for revenue, expenditure, and cash.
  • Techniques and practices of capital project funding, budgeting, and management.
  • Federal, State, and local regulations, procedures, and accountability standards governing use and accounting of program/project funds.

Skills in:

  • Understanding and applying budget and accounting standards, procedures, applicable Federal rules and regulations, and City policies and ordinances.
  • Monitoring and interpreting financial documents to assure compliance with regulatory requirements.
  • Reviewing interrelated financial and technical records, and identifying and reconciling errors.

Ability to:

  • Prepare concise and logical reports and conduct verbal presentation of technically and financially complex information.
  • Identify financial/budgetary related problems and implement solutions.
  • Work independently with minimal supervision.
  • Stay abreast of and explain City policies, procedures, rules, and regulations.
  • Support the relationship between the City of Issaquah and the constituent population by demonstrating courteous and cooperative behavior when interacting with clients, visitors, and City staff.
  • Maintain confidentiality of work-related issues, client records, and City information.

Attachments

Location
Finance Department
130 E Sunset Way
Issaquah, WA 98027