FINANCIAL ANALYST 2
About The Position
The Department of Economic Security (DES) is seeking an experienced, analytical, and detail-oriented Financial Analyst 2. In this role, you will hold primary responsibility for financial forecasting, variance analysis, federal reporting, and fiscal monitoring across high-profile agency programs. As a core member of the team, you will prepare advanced fiscal reports, analyze complex spending trends, evaluate the fiscal impact of proposed legislation, and execute critical cost-benefit and break-even analyses. Additionally, you will serve as the primary financial liaison between FSA and programmatic leadership, collaborating closely with key external stakeholders including the Governor’s Office of Strategic Planning and Budgeting (OSPB) and the Joint Legislative Budget Committee (JLBC). 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. The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State’s Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, should be performed within Arizona unless an exception is properly authorized in advance.
Requirements
- Governmental accounting standards, fiscal principles, and state/federal budget processes.
- Principles and practices of public business administration, organizational finance, and budgetary control.
- Statistical and financial analysis theories, forecasting methodologies, and formal reporting techniques.
- Advanced oral and written communication, including translating complex fiscal concepts for diverse audiences.
- Initiating and processing expenditure corrections, journal vouchers, and budget transfers.
- Utilizing enterprise financial software, ERP systems, and advanced spreadsheet tools for financial modeling.
- Time management, process optimization, and critical problem solving.
- Synthesize, evaluate, and interpret large volumes of financial data accurately and prioritize multiple high-priority deliverables.
- Formulate viable, data-driven solutions to fiscal challenges with minimal oversight.
- Establish and maintain effective, collaborative working relationships with internal teams, leadership, and external oversight agencies.
- Successfully pass background and reference check.
- Successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).
Nice To Haves
- Bachelor’s degree in Accounting, Finance, Economics, or Business Administration (with a concentration in Accounting, Finance, or Economics) from an accredited college or university.
- 1-5 years of demonstrated experience with governmental accounting, state budget systems, and federal grant reporting is highly preferred.
Responsibilities
- Act as the single point of contact between FSA and assigned program divisions, providing expert guidance, customer support, and strategic fiscal consultation.
- Research, monitor, and analyze expenditure and revenue trends to report fiscal health and generate accurate short- and long-term forecasts with minimal supervision.
- Determine funding requirements, initiate fund transfers, drawdowns, journal vouchers, and expenditure corrections, and manage expense budget loads and appropriation modifications.
- Review, research, and evaluate pending state and federal legislation, policy updates, and funding adjustments to determine fiscal and operational impacts.
- Prepare in-depth cost-benefit analyses, maintain historical funding records and caseload data, and partner across divisions in problem-solving sessions and strategic initiatives.
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 vacation and sick time
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
