Financial Analyst III

Capital Metropolitan Transportation Authority•Austin, TX

4h•Remote

About The Position

WHO WE'RE LOOKING FOR Do you enjoy turning complex financial data into clear insights that help strengthen public transit operations and long-term planning? The Financial Analyst III reports directly to the Director, Budget, and Financial Planning. This position is responsible for the lead role in financial planning, reporting and analysis for operating and capital expenditures of the organization. This includes reporting on trends, identifying cost-saving opportunities, preparing reports for the Board of Directors, analyzing complex financial actions by preparing Cost Benefit Analyses and special cost reports as required. Responsibilities WHAT YOU'LL BE DOING Note: The duties and primary responsibilities below are intended to describe the general content of and requirements of this job and are not intended to be an exhaustive statement of duties.

Requirements

Bachelor’s degree in Accounting, Finance or related field or an equivalent combination of related education and experience may be substituted for education on a year for year basis.
Six (6) years of progressively more complex experience in a financial analysis role involving research, financial analyses, reporting and making recommendations to senior management on complex organizational issues relating to financial functions, operating budgets, cost of service studies, debt management, cash management, financial modeling, and policy analysis.
Thorough knowledge of modern methods of fiscal planning, cost benefit analysis, capital financing and present value theory.
Skill in using a variety of financial software applications, spreadsheet modeling and presentation software, Microsoft Office in a Window Environment.
Skill in designing financial models and developing financial forecasts.
Ability to prepare comprehensive reports and recommendations.
Excellent verbal, written, and presentation skills.
Effective organizational skills.
Ability to make decisions in an expedient manner.
Ability to manage high levels of stress.
Must be customer service oriented.
Ability to interact with team members as well as members of the management staff and Board of Directors.

Responsibilities

Review monthly financial reports and provide explanations of variances.
Determine schedules and cost variances, analyze results, forecast future status, and prepare management reports to document findings and recommendations.
Work with department managers to identify cost saving opportunities in their areas.
Prepare cost analysis of various operating areas and recommend most cost-effective solutions.
Consolidate, control, and maintain capital, operating and maintenance cost estimates.
Gain thorough understanding of the organization and business drivers for costs.
Identify and analyze trends and recommend improvements in processes.
Assist EVP, Chief Financial Officer in the development and analysis of financial plans to be used by CapMetro for long-range financing purposes.
Prepare cost analysis and provide recommendations of changes to management to maximize resources.
Assist in cost analysis to support labor contract negotiations and to assist management in other contract negotiations.
Develop forecast models and pro formas as needed.
Assist in the development of the annual operating and capital budget.
Prepare final recommendations for the Executive Team.
Assist with the review of consultant reports and performance.
Assist Freight Rail and Commuter Rail in development of operating plans and budgets.
Support the Procurement department by providing bid pricing analyses.
Assist in identifying and executing systems, tools, and processes enhancements.
Support Capital Metropolitan Transportation Authority’s Safety Management Systems (SMS) process by ensuring staff follows safety and security policies, considers safety in every action, and ensures safety and security concerns are reported.
Perform other duties as required and/or assigned.