City of Las Vegas
Financial Analyst I (X)
This job is now closed
Job Description
- Req#: 4170049
- Analyzes and prepares financial statements; maintains a variety of accounts to include general ledger and reconciliation of all city financial transactions, including bank accounts; prepares monthly fiscal reports and special reports relating to the progress of assigned accounts or area of responsibility.
- Analyzes revenues and expenditures of city or grant funds; recommends amendments to the budget as appropriate; prepares final cost estimates for the annual budget, special funds or grants being sought.
- Participates in the compilation and preparation of the city's annual budget; prepares cash flow and expenditure projections and various budget-related forecasts and reports; provides personnel costs from salary projections.
- Prepares annual financial reports for city departments or revenue sources; monitors interlocal agreements with other governmental agencies; prepares statistical financial reports; prepares necessary work papers for annual budget.
- Serves as a financial resource to the City Council, City Manager and city departments; provides information regarding a variety of accounts, revenues and expenditures.
- Analyzes, accounts for and audits grant monies and special revenues received by the city; acts as liaison between the division of assignment and grantors; processes requests for funds and obtains authorized signature of approval.
- Assists the Financial Services Manager to maintain a city-wide cash handling policy and procedures manual; administers and enforces the policy and procedures; trains city employees who handle cash in proper procedures; conducts audits to determine compliance; prepares required reports.
- Assists departments in the proper classification of revenues and expenditures; provides technical assistance and training to city staff in matters related to financial accounting, budget administration, and financial and operational performance management.
- Monitors various accounts, verifying availability of funds and classification of expenditures; researches and analyzes transactions to resolve problems.
- Recommends and implements changes in accounting, budgeting and auditing systems and procedures.
- Monitors daily activity in all city bank accounts and performs cash management duties; forecast short term cash flow. Participates in maintaining positive banking relationships.
- Maintains required records and assists with records retention.
- Assists in developing costing pools, allocation rates and allocation definitions to ensure proper distribution of costs.
- Operates an automated financial system and acts as liaison with Information Technologies staff as needed.
- Attends and participates in professional group meetings; stay abreast of trends and innovations in the field of finance and budget.
- Performs related duties and responsibilities as required.
Career Opportunity
The City of Las Vegas invites applications for Financial Analyst I for many divisions within the Finance Department. This position prepares and monitors budget activities; administers and maintains a variety of accounts and financial records and provides budgetary forecasts, detailed and complex reports and modifications; administers banking relations; administers the cash handling functions throughout the city; and performs a variety of technical tasks relative to assigned area of responsibility.
Capital Projects
The ideal candidate for the capital projects position has experience in analyzing revenues and expenses, assist in preparing annual budgets, and/or financial projections. The individual can monitor projects verifying conformity to funding restrictions, allocated funding and expenditure allocations. This person can research and analyze transactions to resolve problems and to request reimbursements from outside funding sources. The ideal candidate has experience in automated financial system (ERP), is a great problem solver, analytical and learns quickly. Oracle EBS is a plus.
Financial Data Management and Reporting
The ideal candidate for the Financial Data Management and Reporting position has experience in supporting and maintaining various software applications including financial modules in Oracle e-Business Suite, Oracle Enterprise Performance Management as well as other applications interfacing into the financial systems. The ideal candidate has experience providing management with financial data and reports using tools such as Excel, SmartView, Blitz reports, SQL etc. This person has participated in testing, documentation, configuration, and training in software implementations and upgrades. This person is a great problem solver, analytical, can do research, learns quickly, and can be the ‘translator’ between Finance and IT/vendors/consultants.
Financial Services
The ideal candidate for Financial Services has experience in analyzing revenues and expenditures, recommending changes to budgets, assisting to prepare annual budgets, and/or financial projections. This individual can monitor various accounts, verify the availability of funds, and research and analyze transactions to resolve problems. The ideal candidate has experience in an automated financial system (ERP), working with grantors, and requesting reimbursements related to awarded grants. Advanced Excel skills are highly desired.Accounting Operations
The ideal candidate for Accounting Operations has experience in performing balance sheet account reconciliations, financial reporting and software implementations. Account reconciliations include, but are not limited to: cash in bank, accounts payable/receivable and capital assets. This person will be a key contributor to the compilation of the City’s Annual Comprehensive Financial Report. This person has experience in testing software patches for upgrades, system implementations and assisting in day-to-day issue resolution. The ideal candidate has experience in an automated financial system (ERP), is a great problem solver, analytical and learns quickly. Experience with Oracle EBS is a plus.
Payroll Section
The ideal candidate for Financial Analyst – Payroll Section is experienced in preparing and maintaining a variety of statistical data to include monthly pension reporting and account reconciliation. This person also has the ability to read, understand, and apply the information within legal documents related to Payroll. This person has experience with testing software patches and is able to document the resolution of day-to-day issues related to payroll system requests. Experience with Oracle EBS is a plus.
Financial Analyst I: This is the entry-level class within the Financial Analyst series. This class is distinguished from the Financial Analyst II classification by the performance of the more routine tasks and duties assigned to positions within the series including preparing and monitoring smaller budget accounts, assisting auditors in the audits of the city and various grant programs and funds, assisting departments in researching and obtaining grants, preparing year-end expenditure projections, assisting with the preparation of financial statements and conducting monthly analyses of expenditures, revenues, expected revenues. This class may be used as a training class, wherein employees need only limited or no directly related work experience, or the class may contain positions wherein employees perform routine tasks on a permanent basis, and therefore remain at an entry-level.
Supervision Received
Receives direct supervision from higher level supervisory or management staff. May receive functional and technical supervision from Financial Analyst II or Senior Financial Analyst.
SELECTION PROCESS: The selection process will include a review of all applications with only the most qualified participating in an interview. Final candidate selection will include hiring interview (if applicable). Any individual offered employment will be required to pass a pre-employment drug test and complete background check. Some positions may require preliminary background checks.Essential Functions:
Financial Analyst I
Experience:
One year of experience in accounting, auditing, finance, budgeting, grants, or investments.
Training:
Bachelor's degree from an accredited college or university with major course work in accounting, finance or a field related to the essential functions. A combination of formal education and directly related work experience may substitute for the degree. The city assesses 1.5 years of fulltime experience as equivalent to one year of education.
Financial Analyst I
Knowledge of:
Generally accepted accounting and finance practices, principles and procedures.
Principles and practices of budgeting.
Principles and practices of financial auditing.
Principles and procedures of financial record keeping and reporting.
Principles and procedures of internal control systems.
Cash handling procedures.
Principles of report preparation.
Modern office methods, practices, procedures and computer equipment.
Pertinent federal, state and local laws and regulations.Ability to:
Learn governmental accounting principles and practices.
Learn principles and practices specific to municipal budget preparation and monitoring, and cash management.
Learn the city's automated financial management system.
Operate a variety of general office software applications and applications specific to the assignment.
Communicate clearly and concisely, both orally and in writing.
Establish and maintain effective, cooperative working relationships with those contacted in the course of work.
Use initiative and independent judgment within established guidelines.
Plan, organize and prioritize assignments.
Meet critical deadlines.
Manage multiple assignments.
WORKING CONDITIONS
Environmental Conditions:
Work primarily in an office environment; occasional travel from site to site; exposure to computer screens.
Physical Conditions:
Essential and marginal functions require:
Maintaining physical condition appropriate to the performance of assigned duties and responsibilities which may include the following:
-- Walking, standing, or sitting for extended periods of time; and
-- Operating assigned equipment.
Maintaining effective audio-visual discrimination and perception needed for:
-- Making observations;
-- Communicating with others;
-- Reading and writing; and
-- Operating assigned equipment
Maintaining mental capacity which allows the capability of:
-- Making sound decisions;
-- Effective interaction and communication with others; and
-- Demonstrating intellectual capabilities.About the company
Las Vegas, often known simply as Vegas, is the 26th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County.