About The Position

The Department of Administrative and Financial Services’ Security and Employment Service Center (SESC) is seeking a Financial Analyst to provide financial services and support to human resources for the Departments of Public Safety; Labor; Professional and Financial Regulation; and Defense, Veterans, and Emergency Management. Financial Service Centers provide accounting and financial processing, cash management, budget development and monitoring, financial analysis, grant management, legislative support, and administrative services to customer agencies. The position is based in Augusta, Maine, with some telework availability. The Financial Analyst will help manage the financial resources of customer departments. Responsibilities include monitoring subrecipients of federal awards, conducting ongoing financial analysis, preparing financial reports and forecasts, managing and interpreting complex data queries, improving financial policies and procedures, maintaining compliant accounting records, developing and tracking budgets and federal grant budgets, and providing recommendations to agency personnel. The role also supervises, mentors, and provides technical guidance to other staff, and collaborates with partner agencies to support financial processing. The minimum qualification is an eight-year combination of education and experience, consisting of a master’s degree in Business Administration or a closely related field and two years of responsible experience in cost, cost/benefit, and financial analysis. Directly related experience may substitute for education year for year. The employer encourages applicants with varied backgrounds and experience to apply.

Requirements

  • An eight-year combination of education and experience comprising a master’s degree in Business Administration or a closely related field and two years of responsible experience in cost, cost/benefit, and financial analysis; directly related experience may substitute for education year for year.
  • Strong analytical and data-gathering skills.
  • Ability to prepare budgetary and financial documents, including reports, financial statements, projections, and schedules, and to analyze and interpret information from various sources.
  • Proficiency with Microsoft Excel.
  • Strong written and verbal communication skills, including the ability to write clearly and effectively and succinctly present financial data to management and agency personnel.
  • Strong reconciliation and research abilities.
  • Supervisory and mentoring skills.
  • Ability to work independently.
  • Curiosity and an interest in investigating and resolving issues.

Nice To Haves

  • Familiarity with data query and data management tools.

Responsibilities

  • Monitor subrecipients of federal awards by learning award requirements, conducting field visits and desk reviews, providing technical assistance, and preparing reports.
  • Provide in-depth, ongoing analysis of departmental finances and keep management informed of departments’ financial status.
  • Design and manage complex data queries, interpret the results, and make decisions or recommendations based on the data.
  • Prepare financial reports, forecast financial needs, and prepare ad hoc reports as requested.
  • Analyze financial policies and procedures, recommend modifications, and implement approved changes to improve the efficiency and accuracy of financial operations.
  • Administer and maintain accounting records for assigned accounts in accordance with federal and state requirements, and ensure compliance with applicable laws, budgets, policies, and procedures.
  • Develop, forecast, and track annual budgets and federal grant award budgets.
  • Supervise and mentor staff and provide leadership and technical guidance.
  • Collaborate with partner agencies to facilitate seamless financial processing.
  • Provide financial recommendations to agency personnel.

Benefits

  • Thirteen paid holidays, 12 days of sick leave, and more than three weeks of annual vacation leave; vacation accrual increases with years of service, and overtime-exempt employees receive personal leave.
  • The State pays 85%–100% of employee-only health insurance premiums, depending on salary; dependent coverage is also available.
  • A health insurance premium credit that reduces employee-only premiums by 5% for participants who meet program requirements.
  • The State pays 100% of employee-only dental insurance premiums.
  • The State contributes 18.86% of pay to the Maine Public Employees Retirement System on behalf of the employee.
  • Gym membership reimbursement of up to $40 per month.
  • Health and dependent care flexible spending accounts.
  • Eligibility for the federal Public Service Student Loan Forgiveness program.
  • Employee assistance through the Living Resources Program.
  • Forty-two consecutive calendar days of fully paid parental leave for employees welcoming a child; additional unpaid leave may be available under the Family and Medical Leave Act.
  • Voluntary deferred compensation through a MaineSaves 457(b) account with payroll deductions.
  • Additional wellness benefits.
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