FINANCIAL ANALYST 1

Arizona Department of Administration•Phoenix, AZ

3d•$51,394 - $56,100•Hybrid

About The Position

The Department of Economic Security (DES) is seeking an experienced and highly motivated individual to join their team as a Financial Analyst 1. This position serves as a primary financial resource and point of contact for one or more programs or subprograms. Responsibilities include forecasting, analysis, federal reporting, and monitoring of assigned programs. This position prepares fiscal and operating reports that may involve a detailed analysis of financial outlooks, spending trends, staffing levels, and other comprehensive analyses; identifying, researching, and analyzing possible impacts of proposed legislation and funding modification; and preparing formal bill analyses, as well as cost-benefit and break-even analyses. Additionally, this role provides financial guidance to Department and programmatic leadership, and external partners, including the Governor's Office of Strategic Planning and Budgeting (OSPB) and the Joint Legislative Budget Committee (JLBC) on financial budget matters pertaining to assigned programs, while ensuring compliance with state and federal regulations and supporting budget development, cash management, reconciliations, and financial reporting. This position may offer the ability to work remotely, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

Requirements

Governmental accounting and fiscal principles.
Budget and state legislative process.
Principles and practices of business administration.
Fiscal management and budgetary control.
Oral and written communications.
Initiating expenditure corrections, journal vouchers, and cash receipts.
Analysis and interpretation of financial data.
Computer utilization.
Perform difficult and complex analytic work.
Write and speak with clarity.
Schedule and prioritize assignments.
Prepare and review federal reports for grants applicable to assigned programs.
Set workflow priorities of the assigned area and serve on cross-team task groups as necessary.

Nice To Haves

Bachelor's degree in Accounting, Finance, Economics, Business Administration, Political Science, or Public Policy with a specialization in accounting, finance, or economics from an accredited college or university.

Responsibilities

Act as a single point of contact between the Financial Services Administration (FSA) 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 programmatic personnel.
Research and analyze expenditure and revenue trends for the purpose of reporting fiscal position, preparing external and internal reports, and preparing forecasts.
Determine funding needs of assigned programs and initiate transactions, including transfers, draw downs, deposits, journal vouchers, expenditure corrections, expense budget loads and modifications, appropriation loads and modifications, and other like documents.
Identify, research, review, analyze, and establish possible impacts of proposed and pending federal and state legislation, policy changes, or funding modifications for assigned areas.
Develop and maintain fiscal summary information and resource information for assigned areas, including data such as case load statistics, historical funding patterns, and fund sources.
Prepare in-depth cost-benefit analyses and break-even analyses.

Benefits

Affordable medical, dental, life, and short-term disability insurance plans
Participation in the Arizona State Retirement System (ASRS) and long-term disability plans
10 paid holidays per year
Paid Parental Leave-Up to 12 weeks per year paid leave for newborn or newly-placed foster/adopted child
Deferred compensation plan
Wellness plans
Tuition Reimbursement
Stipend Opportunities
Infant at Work Program
Rideshare and Public Transit Subsidy
Career Advancement & Employee Development Opportunities