Chicago Dept. of Aviation- Financial Analyst- Fixed Assets

Airport Minority Advisory Council • Chicago, IL

2d • 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. This position is in the Career Service.

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

Benefits

• Information on our employees benefits please visit our benefits website at: https://www.chicago.gov/city/en/depts/fin/benefits-office.html
• Information on our salary and title structure visit our classifications website City of Chicago :: Classification and Pay Plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level