Financial Analyst

DEPT OF HEALTH SERVICES Financial Analyst 2 Job Location

Address: 150 N 18th Ave, Phoenix, AZ 85007

Salary: $60,500
Grade: 21

The Budget Analyst positions primary responsibility pertains to the, analysis, preparation of internal and external reports, reconciliation, and monitoring of transactions associated with assigned areas. This includes preparing various advanced budget/fiscal reports/documents involving detailed analysis of: expenses, use of funds, contracts, purchase orders and other comprehensive analyses. This position is critical in the on going efforts to provide all needed documentation/justification associated with the Federal and State statutory requirements.

This position will interact with all levels of Agency leadership as well as Suppliers, State Agencies, and the State Procurement Office related to financial and budget matters pertaining to: budget, cash management, reconciliation, compliance with state and federal regulations, reports, forecasts, and monitoring. With minimal guidance, this position will lead this effort, coordinate cross-team initiatives, and perform ad-hoc analyses with quick turnaround.

This position will work with other Budget Staff and customers to; educate, empower, and build succession plans mitigating risk to the Agency while building skill sets that will provide opportunities for growth and advancement. This will ensure that supported areas are working closely together to maximize coordination, cooperation, and communication to improve efficiency, effectiveness, and standardize work practices across the team to meet established organizational objectives and program goals.

• Attend formal and informal meetings to ensure the proper knowledge of all budget related actions/issues. Prepare appropriate materials/documentation related to agency finances (including but not limited to: BPRs, transfers, budget loads, ETE templates, DRS requests, updating Labor Distribution, internal budget documents, etc).
• Research and analyze expenditures and budgets related to assigned areas for the purpose of reporting our current fiscal position, preparing external and internal reports, and preparing forecasts with minimal supervision.
• Ensure assigned areas compliance with Agency policies (most commonly the Expenditure and Time and Effort Policies). Compare internal ETE reports against budgeted ETE to confirm compliance with Time and Effort Policy. Identify, research, review, analyze, and establish possible impacts of identified inefficiencies and propose possible solutions.
• Participate in cross-team collaboration, problem solving sessions, and trainings. Establish standard work documents for processes associated with financial tasks.
• Other duties as assigned as related to the position.

Knowledge of:

• Budget, Accounting and fiscal principles.
• Principles and practices of business administration, budget and fiscal management, and budgetary control.
• Statistical analysis and theory; report writing techniques.
• General office practices and procedures.
• Performance Management (PM), and Continuous Quality Improvement (CQI) and Lean methodologies.

Skill in:

• Critical thinking skills.