Financial Analyst IV (Austin Convention Center)

City of Austin

3d•$84,670 - $107,500•Hybrid

About The Position

The Financial Analyst IV develops and prepares long-range financial forecasts, revenue estimates, rate recommendations, expenditure trends, economic forecasts, financial models, and other complex financial and statistical analyses. The role supports departmental budgets, capital improvement projects (CIP), debt administration, financial performance monitoring, and compliance with local, state, and federal requirements. The position may perform the full range of supervisory activities, including selection, training, evaluation, counseling, and recommendations for dismissal. Alternative schedules and remote work options are available, but after the probationary period the employee must work in the office at least 40% of each week. The position is based at 2nd Street Administration.

Requirements

Bachelor’s degree from an accredited college or university, with major coursework in Finance, Accounting, Economics, or a related field, plus five years of experience in a related field.
A master’s degree in Finance, Accounting, Economics, Business, Public Administration, or another relevant field may substitute for two years of experience.
A five-year accounting (MAcy) degree or CPA designation may substitute for one year of experience.
Knowledge of public budgetary and financial policy processes and theories.
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 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, lead or facilitate meetings and workshops, and work independently.
Skill in generating and analyzing financial and statistical reports, communicating effectively orally and in writing, using computers and related software, and performing quantitative analysis.
Must be able to explain and demonstrate, with or without reasonable accommodations, the ability to perform the essential functions of the job.
No licenses or certifications are required.

Nice To Haves

Experience providing oversight in the development of CIP and operating budgets.
Experience preparing financial models and analyses and making recommendations.
Experience coordinating with internal teams, city departments, and other stakeholders.
Experience with Advantage 4, eCOMBS, eCAPRIS, or similar financial systems or applications.

Responsibilities

Develop and prepare reports, analyses, and models for revenue and economic forecasts and budgets.
Develop cost-of-service rate and structure recommendations, rate studies, and methodology analyses to meet state regulatory requirements using multiple variables.
Develop the department’s operating or CIP budget; guide and advise management through budget preparation; finalize the budget; monitor it; and prepare or review current-year estimates, variance reports, forecasts, and historical budget information.
Prepare complex financial analyses and periodic or ad hoc reports by researching, benchmarking, compiling, monitoring, and summarizing financial information; report variances and trends and compile information from financial systems.
Develop analyses and models relating to debt issuance, bond timing, Official Statement updates, debt-service requirements, equity-financing ratios, cash reserves, revenue-bond refunding, and rating-agency presentations; administer debt, analyze impacts, and monitor debt-service schedules.
Provide financial support for and monitor CIP projects; process and track task orders and other project requirements in eCAPRIS and other financial systems.
Develop and maintain complex databases, conduct financial and technical analyses, and develop Business Intelligence system models and reports to support performance and financial benchmarks.
Develop complex reports and documentation to comply with local, state, and federal requirements; conduct cost analysis and financial and performance benchmarking; and assist with expert testimony.
Provide departments and other customers with procedural and financial information and guidance on financial systems.
Research and provide information requested by City Council, City management, boards and commissions, vendors, the public, regulatory agencies, and other City offices.
Monitor state and federal regulatory processes and advise the department about the financial impact of new or proposed legislation, regulations, and standards.
May perform supervisory activities, including selection, training, evaluation, counseling, and recommendations for dismissal.

Benefits

Low-cost medical insurance.
Dental insurance.
Vision insurance.
Paid leave time.
Competitive retirement plan and access to the City of Austin Employees’ Retirement System.
Training opportunities.
Generous leave and work-life balance programs.
Wellness programs and mental health support.
On-site fitness centers.
Professional development and leadership opportunities.
Access to public transit and bike-friendly transportation infrastructure.