REQ #240

Roles & Responsibilities

With direction from a Fiscal Supervisor this position has primary responsibility for all forecasting, analysis, federal reporting, and monitoring of assigned programs. This includes preparing a variety of fiscal and operating reports that may involve detailed analysis of financial outlooks, spending trends, staffing levels, and other comprehensive analyses. Identifies, researches, and analyzes possible impacts of proposed legislation and funding modification, and prepares formal bill analyses, as well as cost benefit and break-even analyses.

This position provides financial expertise to Division and programmatic leadership on financial budget matters pertaining to assigned programs, including budget, cash management, reconciliation, compliance with state and federal regulations, federal reports, forecasts, and monitoring for assigned programs. The Department of Economic Security, Division of Community Assistance and Development (DCAD) is seeking an experienced and highly motivated individual to join our team as a Financial Analyst.

This position is responsible for:

• Acting as single point of contact between the Division program, external/internal partners and all assigned areas, providing guidance and customer support. Attend formal and informal meetings to ensure proper knowledge of assigned programs and adequate communication with stakeholders Prepare appropriate materials for those meetings.
• Researching and analyzing expenditure and revenue trends for the purpose of reporting fiscal position, preparing external and internal reports, and preparing forecasts. Work with Financial Services Administration to determine funding needs of programs.
• Initiating transactions including transfers, journal vouchers, expenditure corrections and other like documents. work with accounting team, share documents with stakeholders and complete ad hoc analysis and requests in a timely manner.
• Identifying, researching, reviewing, analyzing, and establishing possible impacts of proposed and pending federal and state legislation, policy changes, or funding modifications for assigned areas.
• Developing and maintaining fiscal summary information and resource information for assigned areas, including data such as case load statistics, historical funding patterns, and fund sources. Access to federal tax information.

Skills Required

Knowledge of:

• Governmental accounting and fiscal principles
• Budget and state legislative process
• Principles and practices of business administration, including organization theory and management, fiscal management, and budgetary control
• Statistical analysis and theory
• General office practices and procedures

Skill in:

• Oral and written communication
• Initiating expenditure corrections
• Journal vouchers
• Cash receipts
• Analysis and interpretation of financial data
• Establishing and maintaining effective working relationships with leadership, division management and internal and external stakeholders
• Using a variety of computer software packages (e.g., Excel, Word, databases, Access, PowerPoint, Google Suite, etc.)

Experience Required

Ability to:

• Write clear, concise, and accurate reports
• Perform difficult and complex analytic work
• Monitor appropriations, revenues, and expenditures
• Schedule and prioritize assignments
• Prepare and review federal reports for grants applicable to assigned programs
• Develop annual budget requests for assigned area
• Act as a single point of contact for assigned programs
• Set work flow priorities of assigned area
• Serve on cross-team task groups as necessary

Education Required

Bachelor's degree in Accounting, Finance, Economics or Business Administration or related field.