FINANCIAL ANALYST 3

Arizona Department of Administration•Phoenix, AZ

1d•$89,100•Hybrid

About The Position

The Department of Economic Security, Division of Financial Operations Financial Services Administration (DFO-FSA) is seeking an experienced and highly motivated individual to join our team as a Senior Managing Analyst. Working with minimal guidance from the Business and Finance Manager, the Senior Managing Analyst (Financial Analyst 3) provides financial expertise to Department and programmatic management, and federal and other grantors on federal regulations, federal reports, financial forecasts, and programmatic trends for assigned programs. Key responsibilities include supervising staff, reviewing work prepared by the financial support team to ensure accuracy and timeliness of deliverables, and completion of high-level analyses as required. The Senior Managing Analyst identifies fiscal issues that could have a potential negative impact on the Department; partners with customers to develop and implement resolutions to current and future problems; provides comprehensive financial expertise to DES management and to external partners, such as the Governor's Office of Strategic Planning and Budgeting (OSPB) and the Joint Legislative Budget Committee (JLBC); tracks and monitors expenditures for compliance with all federal and state rules, regulations, and policies and interprets grant terms and conditions; and coordinates fiscal matters across Divisions to prepare and submit the Department's formal annual budget request. Additionally, this position supervises a financial support team responsible for all forecasting, analysis, federal reporting, and fiscal monitoring of assigned program(s), which may include preparing various fiscal and operating reports, such as detailed analysis of financial outlooks, spending trends, staffing levels and other comprehensive analyses; identifying, researching, and analyzing possible impacts of proposed legislation and funding modifications; preparing formal bill analyses and cost benefit and break-even analyses; and identifying available funding, reviewing funding patterns for appropriateness and efficiency, and coordinating the establishment of funding mechanisms. 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, must be performed within Arizona unless an exception is properly authorized in advance.

Requirements

Governmental accounting and fiscal principles
The budget and state legislative process
Principles and practices of business administration with special reference to organization, fiscal management, and budgetary control
Statistical analysis and theory
Report writing techniques
Office management
Conceptual understanding of the Department's federally approved cost allocation plan
Understanding of the requirements, characteristics, and cultural environment required for teams to operate effectively
Oral and written communications of complex concepts
Proficiency in statutory and rules interpretation, issues identification, and resolution
Initiating and reviewing expenditure corrections, journal vouchers, and cash receipts within the state and agency's automated systems
Computer utilization
Comprehension, analysis, interpretation, and reconciliation of complex financial data, including forecasts and projections
Development of work plans
Organization and prioritization of multiple complex projects
Interact with a diverse audience on a professional level
Be an innovative and strategic thinker
Perform complex analytic work
Schedule and prioritize multiple assignments
Develop annual budget requests for assigned area consistent with the Department's mission, vision, and values
Organize and present information in structured and non-structured settings
Facilitate and lead meetings with executive-level staff
Write reports
Set workflow priorities of assigned area
Use computer programs and software
Write and speak with clarity

Nice To Haves

A Bachelor's Degree in Accounting, Finance, Economics, or Business Administration or Master's degree in Business Administration, Public Administration, or related field, and at least three years of experience managing complex issues in areas such as budget preparation, analysis and control, funding, financial reporting, or related specializations.

Responsibilities

Oversee daily operations of a professional team. Advise, train, provide technical assistance, review work, and ensure accuracy of products produced by teams.
Identify fiscal issues with potential negative impact on the Department. Partner with customers to develop and implement resolutions to current and future problems. Provide comprehensive financial expertise to Division management, DES executive leadership, and to external partners, such as the OSPB and the JLBC.
Conduct frequent meetings and presentations with key programs, Treasurer's Office, OSPB and JLBC staff. Attend meetings and planning sessions with Department management. Support departmental organizations on matters of cash management and funding allocation. Research, interpret, and make recommendations on policies regulating fiscal control and processes pertaining to assigned programs and Department as a whole.
Research, compile, and interpret financial and other information. Compile programmatic data in response to special requests regarding a broad spectrum of topics related to the Department. Analyze policy and legislative changes to assess revenue, funding and state plan impacts on assigned program(s). Review and approve various financial transactions.
Lead trainings, conduct problem solving sessions, and supervise focus groups with various employees across the administration.

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 annual and sick leave
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