Financial Analyst IV, Austin Housing

City of Austin•Charlottetown, PE

1d•$80,490 - $94,963•Onsite

About The Position

The Financial Analyst IV position reports to the Manager of the Asset Management, Compliance, and Monitoring division within Austin Housing. The division monitors and directs the financial and operational performance of a portfolio of affordable multifamily properties to achieve goals, forecast issues and identify opportunities. The work requires communicating with various stakeholders; developing and carrying out action plans; representing the City's interests in negotiations; and preparing and presenting information as needed. The primary duties of the Financial Analyst IV include financial analysis, managing property managers, contract review, risk assessment, budgeting, third party reporting, site inspections, and operational assessments.

Requirements

Knowledge of the processes and theories used for public budgetary and financial policies.
Knowledge of accounting practices and concepts.
Knowledge of utility ratemaking and cost of service study methodology.
Knowledge of debt instruments, cash management and utility financing methods.
Knowledge of forecasting models; econometric studies, analysis and forecasting; and estimating methods and techniques.
Knowledge of cost benefit analysis, feasibility studies and net present value analysis methods.
Knowledge of enterprise budgeting, financial planning or accounting.
Knowledge of research methods, survey techniques, statistical concepts and report writing.
Ability to complete detailed financial and economic analyses.
Ability to lead and/or facilitate meetings and workshops.
Ability to work independently.
Skill in generating and analyzing financial and statistical reports.
Skill in communicating effectively, orally and in writing.
Skill in using computers and related software applications.
Skill in performing quantitative analysis.
Graduation with a Bachelor's degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics plus five (5) years’ experience in a related field.
A Master’s degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field may be substituted for 2 years’ experience.
A five (5) year accounting (MAcy) degree or CPA designation may be substituted for 1 years’ experience.

Responsibilities

Develops and prepares reports, analyses, and models used in revenue and economic forecasts and budgets.
Develops and completes cost of service rate and structure recommendations, rate studies, and methodology analysis to comply with State regulatory requirements using multiple variables.
Primarily responsible for developing the operating or CIP budget for the department.
Performs budget analysis by implementing the organization's budget process system, providing guidance and recommendations to management in the development and completion of their budgets; finalizing the organizations budget; and monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances; reviewing budget forecasts; and reviewing current and historical budget information and data.
Prepares complex financial analysis, periodic and ad-hoc reports by researching, financial benchmark reporting, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems.
Develops and prepares reports, analyses, and models to analyze debt issuances, bond issuance timing, Official Statement updates, calculate debt service requirements, equity financing ratios, cash reserve requirements, revenue bond debt refunding, rating agency presentations and other debt related requirements.
Performs debt administration, impact analysis and monitors debt service schedules.
Provides financial support and monitors CIP projects.
Processes and tracks task orders and other project requirements in eCAPRIS and other financial systems.
Develop and maintain complex databases to conduct comprehensive financial and technical analysis, and develop models and reports in Business Intelligence system to support and monitor performance and financial benchmarks.
Develop complex reports and documentation in compliance with local, State and Federal regulatory requirements.
Conduct cost analysis, financial and performance benchmarking with other entities and assist in development of expert testimony.
Assists departments and other customers by providing procedural and financial information and guidance with financial systems.
Researches and provides information requested by City Council, City management, boards and commissions, vendors, the public, regulatory agencies and other City offices.
Monitors state and federal regulatory processes and provides guidance to the department regarding the financial impact of new and/or proposed legislation, regulations and standards.
May be responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal.