Senior Financial Analyst

Job Summary

The Senior Financial Analyst conducts complex financial, budgetary, and labor contract analysis that facilitates decision‑making by management and Council on citywide fiscal issues.

Distinguishing Characteristics: The Senior Financial Analyst may be assigned to a variety of focus areas of department and conduct specific analyses for those areas, including public safety, capital improvement programs, or the City's budget. This senior‑level position conducts complex analyses that facilitate key decision‑making.

Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required. The job description does not constitute an employment agreement and is subject to change at any time by the employer.

Essential duties and responsibilities may include, but are not limited to, the following:

• Performs a variety of complex research and analysis of financial issues and prepares reports of findings and recommendations.
• Supports the coordination of the citywide budget process:
  • Maintains City's budgeting system and develops customized, budget‑related reports. Develops forms and instructions for departments to use in developing budgets.
  • Reviews departmental budget materials for completeness, accuracy, and reasonableness. Works with a variety of departmental staff, including department budget coordinators, division managers, and department directors to acquire needed information.
  • Provides budget preparation training to staff.
  • Performs complex analysis and forecasting of various revenue sources and expenditure patterns. Prepares annual budget for selected funds as assigned.
  • Participates in budget policy and review meetings with the City Manager and City Council.
  • Co‑ordinates preparation of preliminary and final budget documents.
• Provides assistance in maintaining and updating the financial forecasting model by applying a wide variety of economic variables to analysis and forecasting. Analyzes economic trends and applies them to the forecast analysis. Assists with preparation of the forecast report for the City Council.
• Maintains the City's position control system and develops customized, position‑related reports. Develops the personnel budget projections for the upcoming biennium, including full‑time equivalent (FTE) and limited‑term employees (LTE), working with Human Resources and payroll staff to accurately project salaries and benefits costs in the enterprise resource planning software across all departments and unions at the City.
• May coordinate the development of the six‑year capital improvement program. Develops forms and instructions for use by departments. Reviews departmental materials for accuracy, completeness, and consistency.
• Participates in the preparation of work plans and schedules for major work processes or products such as developing the operating budget, or other major work assignments. Tracks progress of assigned work against established schedules.
• Develops and maintains city‑wide indirect cost allocation model, Public Works engineering cost allocation model, and other internal charge models. Provides technical expertise to departments in costing techniques.
• Conducts special studies and analyses pertaining to a wide variety of issues that may include development of performance measurement systems, analysis of utility rates, preparation of cost/benefit analyses, internal service fund rate analysis, impacts of legislation, and development of financial systems. Applies a wide variety of economic variables and analytical techniques in completion of tasks.
• Evaluates budget performance and monitors expenditures and revenues, producing periodic report on City's financial performance and annual report on City's financial condition. Presents budget information and/or analysis to upper‑level management. Participates in meetings to discuss and decide on budgetary or other fiscal issues.
• Supp…