Financial Analyst; LTD

The City of Redmond is a thriving, culturally diverse community, and home to over 80,000 residents. Redmond is the hub of an array of commerce and industry ranging from technology, aerospace, and gaming to biomedical and innovation start-ups. In this role, you will represent the city, and our values of service, integrity, accountability, belonging and stewardship.

Financial Analysts perform professional financial analysis and operational support related to budgeting, treasury management, revenue administration, forecasting, and financial reporting. Responsibilities include researching, analyzing, monitoring, and reconciling financial data, revenues, expenditures, cash flow, investments, and related financial activities to support sound financial management and decision-making. Incumbents prepare financial reports, forecasts, projections, and variance analyses; assist departments with financial and budget-related matters;

and ensure compliance with applicable policies, procedures, and regulations. Employees in this classification exercise independent judgment within established guidelines and typically work with minimal supervision.

• Assists in the analysis, monitoring, and reporting of City revenues, expenditures, cash flow, investments, and financial trends to support sound financial management and decision-making.
• Performs treasury management functions including daily cash positioning, cash flow monitoring, banking transactions, and liquidity analysis to ensure sufficient operating cash balances.
• Monitors, reconciles, and analyzes banking activity, investment activity, merchant services transactions, and payment processing records.
• Assists with administration and monitoring of the City’s investment portfolio, including tracking maturities, preparing investment reports, monitoring compliance with investment policies, and coordinating investment transactions.
• Coordinates banking activities including ACH processing, wire transfers, positive pay monitoring, returned payments, chargebacks, and related treasury controls.
• Performs reconciliation and balancing of cashiering, merchant service, and electronic payment systems to ensure accuracy and completeness of financial records.
• Assists in maintaining and improving treasury processes, financial systems, reporting tools, and operational procedures to improve efficiency and strengthen internal controls.
• Assists with merchant services administration, including reconciliation of credit card processing fees, payment platforms, settlement reports, and vendor coordination.
• Researches, compiles, analyzes, and interprets financial and statistical information; prepares financial models, forecasts, projections, and variance analyses.
• Assists in monitoring revenues and expenditures; identifies trends, discrepancies, and variances and recommends corrective actions as appropriate.
• Monitors accounts receivable activity, outstanding invoices, customer payments, and related financial records.
• Supports Citywide cash handling and cashiering operations by monitoring reconciliations, balancing transactions, processing deposits, and ensuring compliance with internal controls and financial procedures.
• Supports development of financial models, long‑range forecasts, revenue projections, and cash flow analyses.
• Prepares spreadsheets, reconciliations, dashboards, reports, and supporting documentation for management, auditors, and external agencies.
• Assists in preparation of audit schedules, supporting documentation, and responses for internal and external audits.
• Assists in maintaining and improving treasury processes, financial systems, reporting tools, and operational procedures to improve efficiency and strengthen internal controls.
• Researches and interprets applicable laws, regulations, policies, and procedures related to treasury management, municipal finance, taxation, licensing, and revenue administration.
• Coordinates with financial institutions, vendors, auditors, outside agencies, and City departments to resolve financial, banking, reconciliation, and operational issues.
• Participates in special projects, operational reviews, process improvement initiatives, and other analytical assignments as assigned.
• Provides responsive customer service and technical support to City departments regarding treasury operations, payment processing, financial systems, revenue administration, and related financial procedures.
• Performs related duties as assigned.

• Generally Accepted Accounting Principles (GAAP)
• Budgeting, Accounting and Reporting Standards (BARS)
• Methods of financial and statistical modeling; develop analysis models, evaluate options and recommend solutions
• Methods of forecasting for revenue, expenditure and cash
• Operations research and analysis techniques
• Techniques and practices of capital project funding, budgeting and management
• Developing and…