Financial Analyst III - Trust & Fund Management

POSITION OVERVIEW

Applications accepted from: ALL PERSONS INTERESTED

Job Classification: FINANCIAL ANALYST III

Division: Financial Reporting & Operations

Reporting Location: 611 Walker St.

Workdays & Hours: MONDAY – FRIDAY 8:00 AM – 5:00 PM *Subject to Change*

DESCRIPTION OF DUTIES/ESSENTIAL FUNCTIONS

The Financial Analyst functions are designed to meet the strategic and operational objectives of the department. Under the supervision of the Division Manager and guidance of senior management, the successful applicant will work as primary support to management in the Trusts and Funds Management Section of the Financial Reporting & Operations Division.

• Coordinates the development, implementation, and monitoring of various financial activities, policies and procedures to effectively manage the reporting of all City of Houston Local Government Corporations (LGCs), Component Units (CUs), and applicable nonprofit agencies.

• Monitors and analyzes the monthly, quarterly, and annual financial and audit reports of the LGCs’ and/or CUs’
• Prepares analysis of budgets and monthly financials reflecting metrics such as, but not limited to, revenues and expenses; monitors and reports on financial trends, revenue, debt capacity, and operating and capital asset trends.
• Interpret and prepare reports based on information noted in interim and audited financial statements.

• Performs professional financial analysis and reconciliations.
• Assist with the development of reports and PowerPoint presentations using Microsoft publishing tools.
• Compiles data and produces reports, as needed.
• Develop and update administrative procedures, as needed.
• Coordinate and conduct special long-term and short-term projects.
• Perform other duties as requested.

MINIMUM REQUIREMENTS

EDUCATION REQUIREMENTS
Requires a Bachelor’s degree in Finance, Accounting, Business Administration or a closely related field.

EXPERIENCE REQUIREMENTS
Four years of professional experience in finance, economics, budget analysis or a closely related area are required.

Experience cannot be substituted for the Bachelor’s degree requirement. A Master's degree in Finance, Accounting, Business Administration or a closely related field may be substituted for two years of the above experience requirement.

PREFERENCES

Preferences will be given to candidates:

• With knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) pronouncements.
• Demonstrates abilities in handling various projects simultaneously.
• Work is substantially complex and varied and requires the interpretation of technical and detailed guidelines, policies, and procedures in combination. Analytical ability is necessary to gather and interpret data effectively.
• Ability to provide solutions and suggestions to problems.
• Ability to conduct forecasting analyses.
• Ability to analyze and evaluate complex accounting and financial reporting.
• Makes every effort to analyze and report inaccuracies in a timely manner.

GENERAL INFORMATION

SELECTION / SKILLS TESTS REQUIRED
Department may administer skills assessment test

SAFETY IMPACT POSITION: No

SALARY INFORMATION
Factors used in determining the salary offered include the candidate’s qualifications as well as the pay rates of other employees in this classification.

Pay Grade: 21

APPLICATION PROCEDURES Only online applications will be accepted for this City of Houston job and must be received by the Human Resources Department during active posting period. Applications must be submitted online at: www.houstontx.gov.

To view your detailed application status, please log-in to your online profile by visiting: http://agency.governmentjobs.com/houston/default.cfm or call (832)393-6051. If you need special services or accommodations, call (832)393-6051. (TTY 7-1-1). If you need login assistance or technical support call 855-524-5627.

Due to the high volume of applications received, the Hiring Department will contact you directly, should you be selected to advance in our recruitment process.

All new and rehires must pass a pre-employment drug test and are subject to a physical examination and verification of information provided.

EOE Equal Opportunity Employer
The City of Houston is committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, genetic information, veteran status, gender identity, or pregnancy.