Senior Financial Analyst - Financial Planning & Analysis

Job Category: Finance

Requisition Number: SENIO
003424

Seattle, WA 98104, USA

Salary range is $81k to $170k with a midpoint of $118k. New hires typically receive between minimum and midpoint, however, we may go slightly higher based on experience, internal equity and market.

Sound Transit also offers a competitive benefits package with a wide range of offerings, including:

• Health Benefits:
  We offer two choices of medical plans, a dental plan, and a vision plan all at no cost for employee coverage; comprehensive benefits for employees and eligible dependents, including a spouse or domestic partner.
• Long-Term Disability and Life Insurance.
• Employee Assistance Program.
• Retirement Plans: 401a – 10% of employee contribution with a 12% match by Sound Transit; 457b – up to IRS maximum (employee only contribution).
• Paid Time Off:
  Employees accrue 25 days of paid time off annually with increases at four, eight and twelve years of service. Employees at the director level and up accrue additional days. We also observe 12 paid holidays and provide up to 2 paid floating holidays and up to 2 paid volunteer days per year.
• Parental Leave: 12 weeks of parental leave for new parents.
• Pet Insurance.
• ORCA Card:
  All full-time employees will receive an ORCA card at no cost.
• Tuition Reimbursement:
  Sound Transit will pay up to $5,000 annually for approved tuition expenses.
• Compensation Practices:
  We offer competitive salaries based on market rates and internal equity. In addition to compensation and benefits, you’ll find that we provide work-life balance, opportunities for professional development and recognition from your colleagues.

Under general direction, provides financial planning and analysis services to the Agency’s long-term system planning, budgeting, and financial modeling processes. Participates in development of short-term and long-term forecasts, cost-benefit analysis, and financial analysis on divisional and/or Agency-wide issues. Performs at an expert level fully functional in all aspects of financial planning, provides highly responsive and complex analysis, strategic thinking, and ad hoc project support to the Financial Planning & Analysis division in Finance.

The following duties are a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• Builds collaborative relationships with assigned divisions and projects teams within the agency.
• Provides timely, accurate, and concise ad-hoc financial performance reporting; identifies and resolves financial and budgetary issues and problems for assigned divisions/projects.
• Prepares financial data to support financial review meetings; assists in the production of other budget and financial related reports or presentations as requested; and responds to requests for information and data for internal and external audiences.
• Develops short-term and long-term financial analysis, cash flow modeling, present/future value analysis, and complex financial models.
• Stays current on Sound Transit budget, accounting, overhead allocation methodologies, reporting systems, related tools, and procedures as it relates to the analyst’s role.
• Develops, tracks, and reports out on division and relevant agency KPIs.
• Develops forecasts, and variance analysis for Budget vs actuals and forecast vs actual.
• Supports the division in preparation of the annual proposed and adopted budget documents.
• Performs industry research to evaluate reporting alternatives.
• Reconciles differences between budget and accounting-based reports to ensure integrity and consistency of financial information.
• Provides leadership and support to the FP&A Division as directed; serves on committees as assigned; prepares and presents reports and other correspondence as necessary; participates in professional group meetings; maintains awareness of emerging trends and developments in assigned areas of focus, and incorporates into work processes as appropriate; ensures policies and practices are interpreted and applied consistently and effectively;…