Financial Analyst Sr

Salary Depends on Qualifications Location Myrtle Beach, SC Job Type Regular Full Time Employee Job Number 01370 Department Financial Management & Reporting Division Financial Mgmt & Reporting Opening Date 12/11/2023 Closing Date 1/8/2024 5:00 PM Eastern DESCRIPTION BENEFITS Job Announcement Job Description CLASSIFICATION TITLE: FINANCIAL ANALYST SENIOR PURPOSE OF CLASSIFICATION The purpose of this classification is to perform professional accounting, reporting, auditing, financial analysis, and assistance with developing the City’s operating budget, including grant administration, capital improvement planning, debt management, resource allocation, policy evaluation, and performance monitoring and reporting.
ESSENTIAL FUNCTIONS The following duties are normal for this position.
The omission of specific statements of the duties does not exclude them from the classification if the work is similar, related, or a logical assignment for this classification.
Other duties may be required and assigned.
Prepares, maintains, analyzes, verifies, and reconciles complex financial transactions; reconciles assigned accounts and makes adjustments as necessary; prepares bank reconciliation.
Performs a variety of grant management and reporting functions, including responsibility for administering all grants citywide; ensures compliance with applicable laws and regulations.
Prepares and/or creates a variety of financial reports within the City’s financial accounting and management software system, troubleshoots and resolves problems with the City’s computerized financial system, and assists with special projects as required.
Prepares audit schedules for external auditors and assists during the annual financial audit, single audit, and special audits.
Audits internal financial documents and transactions, including but not limited to contracts, grants, and cash management functions; researching and resolving problems to assure compliance with applicable policies and procedures.
Assists in developing, implementing, and maintaining administrative policies and procedures; evaluates internal control procedures including identifying areas of concern and making recommendations.
Assists in developing and preparing the annual operating and capital budgets; conducts research and budget analyses; reviews departmental operating budget requests, program tradeoffs, and explores alternative funding methods; makes recommendations regarding funding levels; analyzes and estimates revenue and expense trends; identifies and recommends alternatives; assists in drafting budget documents; presents recommendations to direct supervisor and City manager; assists in the supervision and training of subordinate analysts.
Assists in constructing and maintaining models for long-range planning purposes; utilizes spreadsheet software and financial management software to develop models; runs sensitivity analyses under varying economic and financial assumptions; develops assumptions; determines operating impacts of capital improvements; updates models annually.
Administers City’s grant programs; coordinates the process of receiving and reviewing grant applications; makes determinations and awards grants to outside agencies; coordinates the review of boards and committees as required by law; coordinates grant research for departments as requested; directs certain outside public-purpose agencies to grants that may be used to fund their operations or capital needs; reviews current and drafts new grant policies and procedures; provides accounting and managerial direction; prepares and reviews related reports and statements; serves as the primary resource for grant accounting and reporting and as the single-audit contact for the City.
Administers the Capital Improvements Program (CIP); coordinates the formulation and revision of the City’s five-year CIP; establishes schedules for capital requests; manages designated project cash flows; assists in establishing and maintaining target working capital ranges; reviews, maintains and updates capital improvement project budgets; meets with and advises project managers and department heads regarding funding levels and budget compliance; identifies problems with financing and recommends solutions and alternatives as necessary; prepares monthly reports for project monitoring; prepares regular project updates for Council presentation; serves as primary contact with auditors in this regard.
Assists with planning and management of debt financing; coordination of debt issuance; meets with project managers to determine financing needs; provides assistance to legal counsel in preparing bond documents; calculates and monitors legal debt limits; coordinates arbitrage compliance; submits annual continuing disclosures according to established laws and regulations.
Prepares or completes various forms, reports, correspondence, logs, check requests, cash flow projections, journal entries, and financial reports, and budget reports, regulatory reports, billing statements, audit documents, financial analyses, grant applications or other documents.
Receives various forms, reports, correspondence, bank statements, accounts payable listings, audit reports, grant documents, meeting agendas, contracts, policies, procedures, manuals, chart of accounts, accounting principles, reference materials, or other documentation; reviews, completes, processes, forwards or retains as appropriate.
Communicates with City officials, employees, other departments, consultants, financial institutions, regulatory agencies, vendors, the public, outside agencies, and other individuals as needed to coordinate work activities, review status of work, exchange information, resolve problems, or give/receive advice/direction.
Maintains a comprehensive, current knowledge of applicable laws/regulations; maintains an awareness of new trends and advances in the profession; reads professional literature; maintains professional affiliations; attends workshops and training sessions as appropriate.
Operates a personal computer, general office equipment, or other equipment as necessary to complete essential functions, to include the use of word processing, spreadsheet, database, or other enterprise reporting software.
ADDITIONAL FUNCTIONS Performs other related duties as required, requested or assigned.
Minimum Qualifications Bachelor’s degree in accounting, economics, business administration, public administration or closely related field; supplemented by one of the following: A CPA license, CGFO certification, or CPFO certification with three (3) years of experience in budgeting, financial management, and governmental accounting.
Experience in report writing and creation within financial accounting and management software is preferred, or Ten (10) plus years of experience in either high-level analytical accounting, governmental accounting, or capital project/ grant accounting.
ADA COMPLIANCE Physical Ability: Tasks require the ability to exert light physical effort in sedentary to light work, but which may involve some lifting, carrying, pushing and/or pulling of objects and materials of light weight (5-10 pounds).
Tasks may involve extended periods of time at a keyboard or work station.
Sensory Requirements: Some tasks require the ability to perceive and discriminate sounds and visual cues or signals.
Some tasks require the ability to communicate orally.
Environmental Factors: Essential functions are regularly performed without exposure to adverse environmental conditions.
pushes self and others for results Supplemental Information City of Myrtle Beach Benefits No Cost Health, Dental & Vision Insurance for Fulltime Employees 401K & 457 Plans Available State Retirement Employee Wellness Clinic Flex Spending Account Employee Assistance And much more The City of Myrtle Beach, South Carolina is an Equal Opportunity Employer.
In compliance with the Americans with Disabilities Act, the City will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
Agency City of Myrtle Beach Address 937 Broadway Myrtle Beach, South Carolina, 29577 Website https://www.
cityofmyrtlebeach.
com Job Announcement Job Description CLASSIFICATION TITLE: FINANCIAL ANALYST SENIOR PURPOSE OF CLASSIFICATION The purpose of this classification is to perform professional accounting, reporting, auditing, financial analysis, and assistance with developing the City’s operating budget, including grant administration, capital improvement planning, debt management, resource allocation, policy evaluation, and performance monitoring and reporting.
ESSENTIAL FUNCTIONS The following duties are normal for this position.
The omission of specific statements of the duties does not exclude them from the classification if the work is similar, related, or a logical assignment for this classification.
Other duties may be required and assigned.
Prepares, maintains, analyzes, verifies, and reconciles complex financial transactions; reconciles assigned accounts and makes adjustments as necessary; prepares bank reconciliation.
Performs a variety of grant management and reporting functions, including responsibility for administering all grants citywide; ensures compliance with applicable laws and regulations.
Prepares and/or creates a variety of financial reports within the City’s financial accounting and management software system, troubleshoots and resolves problems with the City’s computerized financial system, and assists with special projects as required.
Prepares audit schedules for external auditors and assists during the annual financial audit, single audit, and special audits.
Audits internal financial documents and transactions, including but not limited to contracts, grants, and cash management functions; researching and resolving problems to assure compliance with applicable policies and procedures.
Assists in developing, implementing, and maintaining administrative policies and procedures; evaluates internal control procedures including identifying areas of concern and making recommendations.
Assists in developing and preparing the annual operating and capital budgets; conducts research and budget analyses; reviews departmental operating budget requests, program tradeoffs, and explores alternative funding methods; makes recommendations regarding funding levels; analyzes and estimates revenue and expense trends; identifies and recommends alternatives; assists in drafting budget documents; presents recommendations to direct supervisor and City manager; assists in the supervision and training of subordinate analysts.
Assists in constructing and maintaining models for long-range planning purposes; utilizes spreadsheet software and financial management software to develop models; runs sensitivity analyses under varying economic and financial assumptions; develops assumptions; determines operating impacts of capital improvements; updates models annually.
Administers City’s grant programs; coordinates the process of receiving and reviewing grant applications; makes determinations and awards grants to outside agencies; coordinates the review of boards and committees as required by law; coordinates grant research for departments as requested; directs certain outside public-purpose agencies to grants that may be used to fund their operations or capital needs; reviews current and drafts new grant policies and procedures; provides accounting and managerial direction; prepares and reviews related reports and statements; serves as the primary resource for grant accounting and reporting and as the single-audit contact for the City.
Administers the Capital Improvements Program (CIP); coordinates the formulation and revision of the City’s five-year CIP; establishes schedules for capital requests; manages designated project cash flows; assists in establishing and maintaining target working capital ranges; reviews, maintains and updates capital improvement project budgets; meets with and advises project managers and department heads regarding funding levels and budget compliance; identifies problems with financing and recommends solutions and alternatives as necessary; prepares monthly reports for project monitoring; prepares regular project updates for Council presentation; serves as primary contact with auditors in this regard.
Assists with planning and management of debt financing; coordination of debt issuance; meets with project managers to determine financing needs; provides assistance to legal counsel in preparing bond documents; calculates and monitors legal debt limits; coordinates arbitrage compliance; submits annual continuing disclosures according to established laws and regulations.
Prepares or completes various forms, reports, correspondence, logs, check requests, cash flow projections, journal entries, and financial reports, and budget reports, regulatory reports, billing statements, audit documents, financial analyses, grant applications or other documents.
Receives various forms, reports, correspondence, bank statements, accounts payable listings, audit reports, grant documents, meeting agendas, contracts, policies, procedures, manuals, chart of accounts, accounting principles, reference materials, or other documentation; reviews, completes, processes, forwards or retains as appropriate.
Communicates with City officials, employees, other departments, consultants, financial institutions, regulatory agencies, vendors, the public, outside agencies, and other individuals as needed to coordinate work activities, review status of work, exchange information, resolve problems, or give/receive advice/direction.
Maintains a comprehensive, current knowledge of applicable laws/regulations; maintains an awareness of new trends and advances in the profession; reads professional literature; maintains professional affiliations; attends workshops and training sessions as appropriate.
Operates a personal computer, general office equipment, or other equipment as necessary to complete essential functions, to include the use of word processing, spreadsheet, database, or other enterprise reporting software.
ADDITIONAL FUNCTIONS Performs other related duties as required, requested or assigned.
Minimum Qualifications Bachelor’s degree in accounting, economics, business administration, public administration or closely related field; supplemented by one of the following: A CPA license, CGFO certification, or CPFO certification with three (3) years of experience in budgeting, financial management, and governmental accounting.
Experience in report writing and creation within financial accounting and management software is preferred, or Ten (10) plus years of experience in either high-level analytical accounting, governmental accounting, or capital project/ grant accounting.
ADA COMPLIANCE Physical Ability: Tasks require the ability to exert light physical effort in sedentary to light work, but which may involve some lifting, carrying, pushing and/or pulling of objects and materials of light weight (5-10 pounds).
Tasks may involve extended periods of time at a keyboard or work station.
Sensory Requirements: Some tasks require the ability to perceive and discriminate sounds and visual cues or signals.
Some tasks require the ability to communicate orally.
Environmental Factors: Essential functions are regularly performed without exposure to adverse environmental conditions.
pushes self and others for results Supplemental Information City of Myrtle Beach Benefits No Cost Health, Dental & Vision Insurance for Fulltime Employees 401K & 457 Plans Available State Retirement Employee Wellness Clinic Flex Spending Account Employee Assistance And much more The City of Myrtle Beach, South Carolina is an Equal Opportunity Employer.
In compliance with the Americans with Disabilities Act, the City will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
Agency City of Myrtle Beach Address 937 Broadway Myrtle Beach, South Carolina, 29577