Professional Administrative Analyst 1 (Finance)
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Professional Administrative Analyst 1 (Finance)
Salary
$52,924.00 - $79,385.00 Annually
Location
735 Randolph Detroit MI 48226, MI
Job Type
Classified- Regular (DWSD Only)
Job Number
HS-072024-501025
Department
Water Department
Opening Date
07/10/2024
Closing Date
7/19/2024 11:59 PM Eastern
Bargaining Unit
9000-Non Union Salary Regular Service General
Description
This is not a Civil Service Position. DWSD employees are subject to provisions of Court Orders entered in United States District Court, Eastern District of Michigan, Southern Division, Case No. 77-71100 with regard to certain terms and conditions of employment. DWSD does not honor reversion rights for internal candidates.
SUMMARY:
The Professional Administrative Financial Analyst provides information and analysis to enable executives, managers, and supervisors to make informed strategic and tactical business decisions. The Professional Administrative Financial Analysts focus is on financial and operational planning and analysis including strategic planning, budgeting, forecasting, financial modeling, and detailed financial analysis. The Professional Administrative Financial Analyst will work effectively with minimal supervision and will report directly to the PAA II Accounts Payable Team Leader.
ESSENTIAL JOB FUNCTIONS:
The Professional Administrative Financial Analysts will prepare weekly, monthly, quarterly, and annual reports in which the analyst will compare financial and operational results using actual, historical, budget, and forecast data. The Professional Administrative Financial Analysts monitors the implementation of DWSD's budget to ensure compliance and develop financial and operational metrics to measure progress. The Professional Administrative Financial Analysts also prepare reports and presentations and provide recommendations regarding the financial and operational risks and opportunities associated with particular decisions. The Professional Administrative Financial Analysts use enterprise resource planning systems, spreadsheet, and statistical software packages to analyze financial and operational data, identify trends, and develop forecasts.
RELATED JOB FUNCTIONS:
The Professional Administrative Financial Analysts uses cost studies and alternative analysis to assess efficiencies and priorities. Cost studies include evaluations of financial and operational results, grants management, capital projects, procurement initiatives, and other municipality standards. The Professional Administrative Financial Analysts use spreadsheet and statistical software packages to prepare, present findings while utilizing benchmarking and comparison studies of similar organizations to assist in decision making.
Examples of Duties
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
KNOWLEDGE OF:
Financial theory and principles of business management operations and practices
Operational cost metrics such as overtime, productivity, operating expenses, GL assignments, activity based costing concepts
Financial Planning and Analysis from running a day to day operation
Budget Planning and Analysis
Contracting cost and analysis
Make versus Buy Analysis
Concepts, principles, practices, and methods of budget formulation, enactment and execution,
accounting and finance functional area(s)
- Standardized bookkeeping processes, accounting terminology, generally-accepted accounting
principles (GAAP), accounting techniques, and other financial rules and regulations
Business technology, data management systems and applications
Department-wide reporting tools
Departmental mission, processes, policies and procedures
SKILL TO:
- Identify, synthesize, and evaluate complex budget related issues and assignments,
consolidating information from a variety of sources, and selecting appropriate analytical
approaches
Present concise financial and operational information (orally, written, and/or using PowerPoint or Word) to a variety of audiences
Use Microsoft Office (i.e. Word, Excel, Access, PowerPoint, and / or other office suites software packages)
Use Excel (e.g. Pivot Tables, Vlookup, Hlookup, charts, tables, and / or other related software packages) functionality
Use Oracle to process Accounts Payable transactions
Communicate in writing clearly and effectively, demonstrate this skill by rendering technical details and reports in a form readily understandable to management and the public
ABILITY TO:
Work effectively with minimal supervision
Complete specialized, technical assignments
Develop effective working relationships with other business units as well as external vendors and customers
Conduct Research
Recommend, develop, implement, and monitor financial and operational policies, guidelines, processes, procedures, internal controls, and performance measures
Analyzes and evaluates the financial and business operations and transactions engaged in by many different departments/agencies
Communicate effectively, both verbally and in writing
Understand and follow verbal and written instructions
Establish and maintain effective working relationships with others
Communicate frequently with team members and other units across the Department about process, equipment or potential problems
Effectively utilize appropriate security and safety equipment and procedures
Maintain regular and reliable attendance
Develop proficiency in unit specific operations and software
Direct team activities or to work as a team member
Collect, quickly interpret, and analyze information from a variety of sources, apply criteria, draw conclusions and develop recommendations, guidelines, and policies
Read, interpret, and effectively analyze professional and technical reports
Choose the right mathematical methods or formulas to solve a problem
Plan, coordinate, set priorities, and supervise staff and others engaged in diversified fiscal analysis and forecasting activities
Develop cost-benefit and business case analyses by consolidating information, identifying relevant data, and making logical assumptions to provide insight and recommendations with minimal errors regarding cost savings, optimal organization and financial structure, and program offering
Participate in decision-making sessions, by interpretation of data, potential roadblocks, and program improvements through analysis of monthly reports and special analysis
Communicate information and ideas clearly and effectively both orally and in writing
Work tactfully and effectively with employees, supervisors and managers, and with elected and appointed officials and senior staff in assigned Departments and Agencies
Take initiative to acquire additional knowledge and education to remain current in field
Work as part of a team
Minimum Qualifications
REQUIRED EDUCATION AND EXPERIENCE (position requirements at entry)
Bachelor's degree; with specialization in Account or Finance ONLY, or equivalent experience
Minimum of 1-3 years of experience related to the field of (economics, finance, accounting) and/or related job assignment
ESSENTIAL REQUIREMENTS
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential duties of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.
This position requires the ability to remain sedentary and requires extensive computer use and extended time seated in meetings.
Environmental Working Requirements:
Work may be performed in the plant or office environment. Work may be performed near excessive noise and moving objects/veh