Senior Financial Analyst

BART•BART Headquarters - 4th Fl, CA

10d•Onsite

About The Position

San Francisco Bay Area Rapid Transit (BART) is seeking to fill one (1) Senior Financial Analyst position. The Senior Financial Analyst will be responsible for administering and monitoring complex, multi-year Professional Service Agreements, including reviewing invoices for contractual and financial compliance, performing financial, statistical, and comparative analyses of actual and budgeted costs, conducting overhead true-ups, and developing work plans from initial conception through decommitment. The position will also perform related financial and agreement management duties as assigned by the Senior Manager of Agreement Management.

Requirements

A Bachelor's degree in business administration, accounting, economics or a closely related field from an accredited college or university.
Three (3) years of (full-time equivalent) verifiable professional budgetary, financial, or management analysis experience.
Principles and practices of capital budgeting and financial management.
Familiarity with general accounting principles and Federal Acquisition Regulation (FAR).
Ability to reconcile data from multiple sources, ensure data accuracy and consistency, and support the automation and enhancement of financial reports and analyses.
Strong presentation and communication skills to effectively articulate project financial management information derived from data and analytical reports.
Ability to develop and foster relationships with all levels of the organization, as well as external entities and/or customers.
Problem-solving skills, including the ability to identify and frame issues, analyze relevant data, and develop clear statistical or narrative summaries for presentation to management.
Ability to develop, evaluate, and continuously improve systems and processes to enhance efficiency, accuracy, and effectiveness.
Strong prioritization skills with the ability to manage multiple projects and maintain high attention to detail.
Advanced proficiency in Microsoft Excel (e.g. Pivot table, lookup and reference functions, if statements, data importing and linking), Microsoft Word and PowerPoint.
Experience with ERP financial software such as Oracle/ PeopleSoft Financials including budgeting, planning, commitment control and procurement.
Knowledge of operations, services and activities of a comprehensive budget and financial control program.
Knowledge of principles of financial and operational analysis.
Knowledge of Federal, State and local funding programs, associated guidelines and processes.
Knowledge of principles and practices of project management.
Knowledge of principles and practices of engineering and construction management.
Knowledge of advanced principles, practices, and procedures of accounting.
Knowledge of financial, statistical and comparative analysis principles, techniques and formulas.
Knowledge of principles and practices of project budget development, administration and control.
Knowledge of principles and practices of procurement.
Knowledge of methods and techniques for assessing performance against established objectives.
Knowledge of principles and practices of project scheduling.
Knowledge of principles and practices of financial record keeping and reporting.
Knowledge of current office procedures, methods and equipment including computers.
Knowledge of applicable financial computer software applications.
Knowledge of related Federal, State and local codes, laws and regulations.
Skill in independently performing the most difficult financial and statistical analyses.
Skill in interpreting and explaining department policies and procedures.
Skill in monitoring and reporting budget variances.
Skill in analyzing problems, identifying alternative solutions and implementing recommendations.
Skill in identifying funding sources for proposed and current projects.
Skill in creating timely purchase requisitions and disbursements of purchase orders.
Skill in performing accurate complex financial calculations.
Skill in utilizing, maintaining and updating computerized financial/project management systems and reports.
Skill in developing, organizing, reviewing and analyzing technical documents, proposals, contracts, and reports.
Skill in exercising a high degree of individual initiative, discretion, diplomacy, accuracy, and judgment.
Skill in understanding and following oral and written instructions.
Skill in communicating clearly and concisely, both orally and in writing.
Skill in establishing and maintaining effective working relationships with those contacted in the course of work including internal departments, vendors, and consultants.

Nice To Haves

A college degree is preferred.
Principles of lead supervision and training.
Skill in leading, organizing and reviewing the work of assigned staff.

Responsibilities

Administering and monitoring complex, multi-year Professional Service Agreements.
Reviewing invoices for contractual and financial compliance.
Performing financial, statistical, and comparative analyses of actual and budgeted costs.
Conducting overhead true-ups.
Developing work plans from initial conception through decommitment.
Performing related financial and agreement management duties as assigned.
Participates in the more difficult work of staff responsible for complex financial, statistical, and program management analysis in assigned division area.
Participates in the preparation, administration, and monitoring of District-wide budgets; compiles and analyzes budget data; monitors funding agreements and maintains budget schedules to assure conformance with funding agencies; ensures maintenance of expenditure records which conform to funding agency and District reporting requirements.
Analyzes contract provisions and change orders related to approved cost of work and budget allocations; analyzes and reports cost variances, ensures that cost control methods are implemented and applied to program objectives; analyzes funding and cost data for management inquiries regarding work plans, consultants, and contract authority.
Monitors and administers construction or funding agreement contracts in accordance with District and mandated guidelines; compiles actual costs by project; performs financial, statistical and comparative analysis of actual and budget costs.
Identifies funding sources for proposed projects; projects cash flow requirements; maintains budgetary records for proposed projects.
Provides support to project managers in setting budgets, schedules and estimates; tracks progress on projects versus original budgets and schedules; works closely with project staff and consultants to ensure project compliance.
Develops and recommends improvements to computerized financial management system.
Coordinates project activities with other departments, divisions and external agencies; works closely with other divisions to apply for and monitor the use of fund grants from city, county, state, and federal sources; monitors work in progress and authorizes contract payments.
Conducts financial and management studies to evaluate system performance and operating efficiencies; presents studies to communicate findings and recommendations to senior management and the Board of Directors.
May train assigned employees in their areas of work including budgeting and financial analysis methods, procedures and techniques.
Prepares quarterly, semi-annual, and special analytical and statistical reports on operations and activities for management, regulatory and outside agencies.
Reviews invoices; determines budget conformity; reports discrepancies and billing adjustments.
Prepares the Annual Budget and the 5-Year forecast for each capital project and program assigned; involves budgeting for staffing requirements and coordinating with various departments who support the projects; includes budgeting for non-labor expenses for the budget year and for the out years.
Participates in special projects as assigned.