SENIOR FINANCIAL ANALYST

Senior Financial Analyst

Under general direction, a Senior Financial Analyst performs a wide range of difficult and complex financial, budgetary, statistical, economic, and other management analyses in support of District-wide activities; and prepares reports and performs related duties as assigned. The Senior Financial Analyst will also prepare and communicate technical and policy-oriented reports, correspondence, and action plans as well as create and update complex financial models, perform sensitivity analysis, gather relevant data to present for management decision making, and assist in budgetary activities. This position requires the ability to interpret and apply the District's policies and procedures, and performs related duties as assigned. Additionally, this position requires the ability to shift priorities based on needs.

Duties may include, but are not limited to, the following :

• Leads in the preparation of the annual operating budget. Prepares the calendar and presentation for kickoff meeting. Coordinates, assists, and monitors department budget input, including consolidating and providing analysis of results.
• Prepares quarterly budget vs actual analysis by system for operating and non-operating income.
• Prepares quarterly budget vs actual analysis for operating expenditures and capital program expenditures.
• Monitors and assists departments with budget development and inquiries. Coordinates analysis and explanations for proposed budgets and variances. Prepare written communications for the necessary Committees and Board of Directors.
• Assists in the process for generating rates and prepares presentations and written communication for rate recommendations to the necessary Committees and Board of Directors.
• Assists in the preparation of the Proposition 218 notices and builds the associated mailing list. Works with consultant to ensure notices are mailed on a timely basis. Coordinates with Information Systems to update and verify rates in the utility billing system.
• Coordinates the updates for the Rates and Charges schedule. Work with departments as necessary. Prepare updated booklet and written communication for Board approval.
• Analyzes rates model to ensure fair and equitable allocation of costs.
• Develops financial reports and models to support departments as requested. Coordinates with Information Systems and departments.
• Reviews bonds, grants, and loan applications; coordinates with appropriate departments to gather necessary information to submit applications to issuing agencies. Reviews final documents prior to closing.
• Analyzes and manages cash needs and forecasts cash position; monitors financial market data, assists with in-house investment decisions, and interacts with outside financial investment advisor to maximize returns while maintaining safety and liquidity.
• Coordinates with departments to update capital requirements and with developers to update capital projections.
• Recommends and implements changes to the Financial System as necessary. Provide testing support.
• Prepares and presents on various topics as necessary.
• Assists with the development of District-wide strategic financial initiatives.
• Provides analytical support to departments as requested.
• Provides information to be included in the Annual Comprehensive Financial Report.
• Manages and participates in special projects as assigned.
• Attends District Committee and Board meetings as required.
• Complies with safety work-related practices and attends relevant safety training.
• Performs other related duties as assigned.

Knowledge of :

Ability to :

Experience and training guidelines : Any combination of training and experience that would provide the required knowledge, skills and abilities is qualifying. A typical way to obtain the required qualifications would be : Education : Equivalent to a bachelor's degree from an accredited college or university in finance, business, or related field. Master of Business Administration preferred. Experience : Five (5) years of experience in a financial analyst role with strong analytical and problem-solving experience and an emphasis in financial modeling, as well as the ability to develop and recommend comprehensive solutions.