Rev. 7/97
City of San José
FINANCIAL ANALYST (1228)
CLASS PURPOSE
Under general supervision, performs complex financial analysis and manages complex financial processes and operations. Performs related work as required.
TYPICAL DUTIES AND RESULTS (Any one position may not include all of the duties listed, nor do the examples cover all the duties which may be performed).
- Performs professional level functions associated with the management, monitoring, and administration of the City-wide Debt Program.
- Works closely with Finance Department's Accounting and Investment staff; City Departments involved with the issuing of debt; and with bond counsel, trustees, financial advisors, and underwriters from outside the City in order to effectively manage the City's debt portfolio.
- Maintains or supervises the maintenance of a large computerized Debt Management database including maintenance of appropriate accounts.
- Coordinates investment of bond proceeds.
- Reviews outstanding debt issues and completes complex interim arbitrage calculations to determine rebate liabilities to the IRS and coordinates five-year arbitrage calculations.
- Reviews regular, periodic account statements and other reports to ensure an appropriate account management and adherence to legal requirements and conformance with City policy.
- Prepares complex financial reports and analyses as part of the City's production and presentation of financial reports.
- Prepares complex financial, fiscal, and budget forecasts.
- Conducts cost studies; performs analysis of information and allocation of charges.
- Supervises professional staff responsible for financial management functions.
Typical End Results Include
Effective management and coordination of the assigned financial operation with accurate, effective, and timely accounting for operations results and production of reliable financial and statistical information. In addition, incumbents are expected to effectively and efficiently manage complex databases for providing useful information for management decision making. Provide interface between City departments and/or outside parties to ensure appropriate and timely action on complex financial systems and procedures.
DISTINGUISHING CHARACTERISTICS
This class performs difficult and complex analytical and management work requiring a full understanding of accounting and other financial and fiscal concepts and procedures. An incumbent in this class supervises or leads professionals in both the Accounting and Analytical series. The specific duties of this class may vary depending upon the nature the assignment and the division location of an incumbent. This class is responsible for performing or managing a complex fiscal or financial operation. The unique focus of this classification is quantitative, fiscal, and economic analysis for management of financial operations.
QUALIFICATIONS
Minimum Knowledge, Skills, and Abilities
- Knowledge of the principals and practices of City organization, administration, and management.
- Knowledge of financial management including government financing and budgeting and accounting theory and practices.
- Knowledge of business statistics and general economic principles.
- Knowledge of complex research techniques, data base development, analytical practices, and statistical methods.
- Knowledge of basic concepts and use of relational database applications and query techniques.
- Ability to evaluate complex financial and operational management issues and develop solutions.
- Ability to communicate effectively, both orally and in writing.
- Ability to deal effectively with a wide variety of people and situations.
- Ability to organize, analyze, and interpret complex financial data and develop appropriate solutions.
- Ability to prepare clear and comprehensive fiscal, financial, and budget analyses and reports.
- Ability to use data processing applications to complete and analyze data and present information.
- Ability to train, motivate, and supervise professional and technical staff in a variety of financial operations.
Competency Knowledge, Skills and Abilities
- Knowledge and application of local government financial and fiscal procedures and systems.
- Knowledge of the principles and practices of public financing methods.
- Ability to prepare complex financial forecasts, financial reports and statistical reports.
- Ability to effectively manage, process and query data in a relational database.
- Ability to effectively plan, organize, direct and coordinate a variety of activities.
Education
Completion of a Baccalaureate Degree from an accredited college or university in Business, Finance, Accounting, Public Administration, or a closely related field including a minimum of eighteen semester units of advanced college course work in a combination of the following: Business or Governmental Finance, Accounting, Economics, Statistics, Quantitative Methods, or Governmental Financial Management. A Masters Degree in Business or Public Administration, Finance, or other related field is highly desirable.
Experience
Four years of increasingly responsible professional level analytical and/or operations experience in financial, fiscal or quantitative work is required.
Acceptable Substitutions
None.
Licenses/Certificates
Possession of valid California driver's license may be required for some assignments.
(11/94), (Rev. 08/96) (Rev. 7/97)
1228s001.doc