Financial Analyst

Description

ESSENTIAL DUTIES & RESPONSIBILITIES

• Monitor annual operating funds of assigned departments, compile quarterly transaction reports; monitor and analyze revenues to ensure timely billings; and prepare revenue/expenditure reports.
• Assist departments and other divisions within the Finance department with ad hoc analysis reviews and financial accounting questions and reporting; provide training as needed.
• Administer special revenue and capital project funds of assigned departments, grant compliance and external agency reporting, and fixed assets; monitor budgets, expenditures, revenues and receivables; and prepare transaction detail reports for review; ensure grant eligibility and compliance.
• Make modifications to the City's financial reporting system, as needed, for the proper fund reporting of multi-year and special revenue projects and for classification in the Comprehensive Annual Financial Report (CAFR) and Annual Financial Information Report (AFIR).
• Participate in the preparation of fiscal year-end reporting and audit processes to include the CAFR, the AFIR, and other complex financial reports to meet internal and regulatory requirements.
• Assist with the preparation of independent reviews of financial records, reports, organizational, and operational studies.
• Compose, compile, prepare, review and present various reports, correspondence and documents of findings and results; maintain related records and files for retention and compliance purposes.
• Participate in the development and implementation of goals, objectives, policies, and priorities for the department and for the city; identify resource needs; recommend policies and procedures.
• Combine quantitative and qualitative data to administer programs.

MINIMUM QUALIFICATIONS

Any combination of experience and training that would likely provide the required knowledge and abilities is qualifying. A typical way to obtain the knowledge and abilities would be:

Experience:
Four years increasingly responsible experience in accounting, finance, financial administration, or a related field.

Training:
Equivalent to a Bachelor's degree from an accredited college or university with major course work in accounting, finance, or a related field.

LICENSING & CERTIFICATIONS:

Required:
None.

Preferred:
None.

From the time of closing, the selection process is anticipated to last 4 - 6 weeks. The process will consist of a panel interview with the selected candidate being subject to a pre-employment drug screen, background check and driving history check.

Health and Dental Insurance:
The City of Fayetteville Employee Healthcare Benefit Plan provides comprehensive and affordable health and dental coverage while maintaining reasonable costs to employees. Coverage is available for all regular status employees scheduled to work 30 hours or more per week. Employees may also choose to cover eligible dependents. The premium is deducted on a pre-tax basis, with the City paying a portion of the premium. Qualifying employees are eligible for benefits on the 1st day of the month following 30 days of service.

Employer Paid Leave
Paid Vacation: Employees earn vacation leave beginning the first day of employment, however, they are not eligible to take leave for 6 months. Leave accruals are based upon the number of years of service and the number of hours an employee is scheduled to work.

Paid Holidays: The City of Fayetteville observes 11 paid holidays per calendar year. The approved holidays are New Year's Day, Martin Luther King Jr. Day, Good Friday, Memorial Day, Independence Day, Labor Day, Veteran's Day, 2 days at Thanksgiving and 2 days at Christmas.

Sick / Funeral Leave: Regular employees earn sick leave in proportion to the number of hours they are scheduled to work per week. Sick leave accruals begin the first day of employment. Sick leave can also be taken for deaths in your extended family. Sick leave hours accumulate without limits and may be used toward credible service upon retirement from the NC Local Government Retirement System.

Retirement:
The City assists our employees in securing their financial future during retirement by participating in the Local Governmental Employees' Retirement System, administered by the State of North Carolina. Regular status employees, scheduled to work 20 hours or more per week, become members in the retirement system upon employment. As a member of this system, employees are required to contribute 6 percent of their gross salary on a tax-deferred basis.

Deferred Compensation Plans:
To further assist employees in saving for retirement, the City offers two supplemental retirement savings programs. These programs offer employees an opportunity to save a portion of their salary on a tax-deferred basis to supplement their retirement benefit. The programs offered are 401(k) Supplemental Retirement Income Plan and the ICMA 457 Plan.

Cafeteria Plan / Supplemental Benefits:
Realizing that each employee may have different insurance needs, the City offers its employees the opportunity to supplement City-provided benefits by selecting from the benefits listed below. These benefits are offered at employee's expense through payroll deduction:

• Term Life Insurance (Pre-tax basis first $50,000 for employees)
• Dependent Term Life Insurance
• Critical Illness Insurance
• Universal Life Insurance
• Vision Insurance (Pre-tax basis)
• Disability Insurance
• Healthcare and Dependent Care Reimbursement Account (Pre-tax basis)