Senior Analyst

SENIOR ANALYST

Department:              Finance

Reports To:               Finance Manager

FLSA:                        Exempt

Salary:                       $75,000-$85,000

Union Affiliation:      Non-Bargaining

Employment Status: Full-time (35 hours, 4 days/week)

Schedule:                   7:45 a.m. to 5:30 p.m., Monday - Thursday

Last Updated:            September 4, 2024

POSITION SUMMARY

The Senior Analyst performs professional work of varying degrees of difficulty and responsibility in the preparation and administration of agency budgets and the conduct of economic research and studies; in the preparation and conduct of administrative, procedural and operational studies and analyses concerning the agency’s organization and operations.

ESSENTIAL DUTIES AND RESPONSIBILITIES

(The omission of specific statements regarding duties does not exclude them from the position if the work is similar, related, or a logical assignment in association with the position.)

• Assist in the preparation and monitoring of operating, net position and cash flow budgets
• Assist in the preparation and monitoring of capital budgets
• Responsible for monthly analytical reviews of actual versus budget and prior year results
• Responsible for account analyses to ensure quality control over financial and operational reporting
• Maintain capital asset and depreciation schedules to facilitate safeguarding of assets, allocations and the financial reporting 
• Assist in the preparation of financial forecasts in connection of asset repositioning including HUD Rental Assistance Demonstration (RAD), Streamlined Voluntary Conversions (SVC), other Low-Income Housing Tax Credit (LIHTC) and other real property development and mixed finance transactions
• Assist in the preparation of pro-forma financial statements in connection with asset repositioning financial analyses and reports for existing and potential investor partners
• Participate in the review of affiliated entity tax returns prepared in connection with mixed finance transactions
• Participate in the enterprise-wide financial system conversion and in the implementation of new technologies
• Participate in the documentation of finance policies and procedures
• Performs other duties as assigned 

KNOWLEDGE, SKILLS, AND ABILITIES

• Working knowledge of enterprise-wide financial reporting systems, public housing software is a plus
• Working knowledge of US Generally Accepted Accounting Principles (US GAAP)
• Working knowledge of operating and capital budgeting 
• Experience in the implementation of IT systems to achieve process improvements 
• Practical knowledge of HUD rules and regulations preferred 
• Practical knowledge of mixed finance transactions such as Low-Income Housing Tax Credits (LIHTC) and HUD Asset Conversions
• Experience in Federal, State and Local taxation
• Ability to perform assignments without supervision
• Strong organizational skills
• Strong arithmetic and mathematical skills
• Effective oral and written communications
• Ability to receive and process information in a confidential manner

EDUCATION AND EXPERIENCE

1. Bachelor’s Degree of Science from an accredited college or university, preferably in Accounting or Finance.
2. A minimum of five years of experience in Budgeting, Accounting and Forecasting.
3. A minimum of two years of audit experience in a certified public accounting firm.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. 

While performing the duties of this position, the employee is regularly required to talk and hear at normal volumes. The employee is frequently required to use hands or fingers to handle, feel or operate objects or controls. The employee is frequently required to stand; walk; sit; reach with hands and arms. The employee may be required to climb, or balance; and stoop, kneel or crouch. The employee may be required to lift up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually moderate. 

Equal Opportunity Employer including disability/veterans

The Housing Authority of the City of Danbury is also a drug-free workplace.