Chicago Dept. of Aviation- Financial Analyst- Fixed Assets

AIRPORT MINORITY ADVISORY COUNCIL•Chicago, IL

4d•Onsite

About The Position

The Chicago Department of Aviation is seeking a Financial Analyst to perform complex financial analysis of fiscal/cost data for City programs and services.

Requirements

Graduation from an accredited college or university with a Bachelor's degree or higher, in Finance, Accounting, or a directly related field
One (1) year of work experience in the analysis of financial records

Nice To Haves

2 years of work experience in the analysis of financial records
Strong Excel Skills (pivot tables, VLOOKUP/XLOOKUP)
Familiarity with capital improvement programs (CIP) and infrastructure asset tracking
Detail-oriented with strong reconciliation, analytical, and audit-support skills
CPA, CGFM or progress towards certification a plus

Responsibilities

Maintain a fixed Asset register for CDA through CityWorks and accurately transmit it to DOF
Record additions, transfers, retirements and disposals, ensure proper capitalization per government capitalization threshold policy
Calculate the post depreciation in compliance to GASB No 34
Track Construction Work in Progress (CWIP) for capital improvement projects and coordinate capitalization upon substantial completion
Support preparation of the Annual Comprehensive Financial Reporting (ACFR) fixed asset footnotes and schedules
Coordinate with Engineering/Capital Projects staff to ensure capital project costs are properly classified
Conduct periodic physical inventory of fixed assets, including and reconciliation for insurance and stewardship purposes
Support external audits and state oversight agencies
Assist with lease accounting under GASB 87 and subscription-based IT arrangements under GASB 96
Additional duties may be required for this position.