What are the responsibilities and job description for the Financial Planning Analyst (TPS5) position at State of Washington?
About WSDOT
Washington State Department of Transportation (WSDOT) is a multimodal organization with a global reputation for excellence! Our dedicated workforce is responsible to plan, design, build, and operate an integrated transportation system that safely and efficiently moves people and goods throughout the state. In addition to maintaining over 18,000 lane miles of state highway and 4,100 bridges, WSDOT manages the world's longest floating bridge, executes an award-winning Active Transportation Plan, holds a record for the world's widest tunneling project, and operates the largest ferry system in the nation!
The Opportunity
WSDOT Budget and Financial Analysis Division in is currently seeking a Transportation Planning Specialist 5 to independently serve as a consulting expert regarding financial planning of statewide toll facilities. In this role, you will direct and conduct transportation economic and statistical research and analysis of complex data including sources and uses of funds in all agency programs, serve as an agency contact on bond compliance issues, and make recommendations for transportation long-range plans, mega-project financial plans, and other financial issues. The Financial Planning Analyst will work collaboratively with other staff in the unit, agency program experts, consultants, executives, Office of Financial Management (OFM), and legislative staff. Our top candidate will possess exceptional communication skills and a high level of professionalism as this position will communicate complex technical information to technical and non-technical audiences internal and external to the agency.
What to Expect
Among the varied range of responsibilities held within this role, the Financial Planning Analyst will:
- Direct project studies and analysis involving total systems and programs, especially tolling.
- Review mega-project financing mechanisms and produce financial plans in such a manner that are useful for department executives, OFM and legislative staff.
- Regularly produce consulting expert-level presentations and guidance to a variety of audiences.
- Analyze adequacy of available financial methods used for transportation and development of criteria for types and levels of financing for multi-modal transportation systems.
- Analyze and make qualitative evaluations of data, prepare reports, and make specific recommendations concerning the development of transportation projects and other financial issues.
- Determine bond proceed needs by analyzing cash flow and managing monthly plans for assigned accounts.
- Maintain all related debt information, monitor bond authorizations and sales, and monitor arbitrage compliance.
- Establish methods and manage records retention for bond arbitrage.
- Serve as a department contact on issues of compliance with Internal Revenue Service (IRS) rules.
Qualifications
To be considered for this opportunity, at least one (1) of the following are required:
- A high school diploma, GED, or equivalent AND seven (7) years of professional experience involving analysis and evaluation of transportation economic or financial issues. OR
- A bachelor's degree in transportation, public or business administration, finance, mathematics, or economics AND five (5) years of professional experience listed above. OR
- A master’s degree in transportation, public or business administration, finance, mathematics, or economics AND four (4) years of professional experience listed above.
In addition to one (1) of the above, the following are also required:
- Working knowledge of the state budget process, toll revenue financing, and tax-exempt gas tax bonds.
- Ability to fully understand and perform basic statistical and economic analysis.
- Expert level financial planning experience and advanced computer skills.
- Advanced communication skills with the ability to professionally interact with customers verbally, and in writing.
- Ability to present complex financial information effectively to a diverse group of stakeholders.
- Ability to work independently and in a team environment.
It is preferred that qualified candidates also have:
- Working knowledge of specialty bond issuance, including Build America Bonds, TIFIA, and GARVEE bonds.
*To review the full Position Description, please follow the directions in the Contact Us section of this posting.
Important Notes
- This recruitment may also be used to fill additional positions per business needs.
- In addition to base salary, employees may be entitled to other forms of compensation depending on the type, duties, or location of the position. For union-represented positions, more information on other forms of compensation can be found in the applicable Collective Bargaining Agreements. Information on other compensation types for non-represented positions can be found in Chapter 357-28 of the Washington Administrative Code.
- This position offers flexible/hybrid remote work options.
- WSDOT does not use the E-Verify system, therefore we are not eligible to extend STEM Optional Practical Training (OPT). For more information, please visit www.uscis.gov.
Why WSDOT
- Work-Life Balance – We are committed to ensure that our staff experience the reward of public service, while also sustaining a routine that suits each individuals’ lifestyle. As such, there are a number of flexible schedule options available, including occasional telework for eligible positions.
- Paid Leave – In addition to 12 paid holidays, full-time employees may earn up to 25 paid vacation days per year!
- Tuition Assistance – Permanent employees have several options for assistance with education expenses, including tuition reimbursement programs, government discounts at participating colleges throughout the state, and eligibility for federal student loan forgiveness.
- Plan For Your Future – WSDOT offers a comprehensive benefits package that includes a variety of healthcare options. Employees also have their choice of state retirement programs, and much more. Go to State Benefits for more information.
Check out this video to learn more: Why WSDOT?
How to Apply
Applications for this recruitment will be accepted electronically. Your relevant experience may be evaluated to determine salary. Therefore, it is very important that the “Work Experience” portion of the application be completed in as much detail as possible.
In order to be considered for this opportunity, please include the following with your online application:
- An attached Resume outlining (in reverse chronological order) your experience to date.
- An attached Cover Letter that further explains your qualifications and indicates why you believe you are a viable candidate for this role.
- Contact details for a minimum of three (3) individuals who can attest to your work performance, technical skills, and job-related competencies. NOTE: This information may be entered in the “References” section of the online application; does not require an additional attachment.
Please click the "APPLY" button to proceed. Note that you will be prompted to either sign in or create an account. This step is required in order to submit an application to this opportunity.
WSDOT is an equal opportunity employer. We value the importance of creating an environment in which all employees can feel respected, included, and empowered to bring unique ideas to the agency. Our diversity and inclusion efforts include embracing different cultures, backgrounds and viewpoints while fostering growth and advancement in the workplace. All persons, regardless of race, ethnicity, age, veteran status, sexual orientation, and/or gender identity, are encouraged to apply. Persons with disabilities needing assistance in the application process, or those needing this job announcement in an alternative format may contact the listed Recruiter via email.
Contact Us
For inquiries about this posting, you may contact the assigned Recruiter, at Robyn.Lovely@wsdot.wa.gov. Please be sure to reference 25DOT-HQ-03415 in the subject line.
Salary : $84,516 - $113,712