Senior Financial Analyst

Senior Financial Analyst

The City of Wildomar is seeking an experienced Finance professional to join our growing team within our Finance / Accounting Department. The ideal candidate is someone who is detail oriented, knowledgeable, and ready to hit the ground running. While this person will be a part of a dynamic team, a successful candidate will also be able to thrive independently as well. The city offers a 4 / 10 schedule and competitive benefits package! Apply Today! Application closes January 4, 2025.

Under general direction, performs a variety of advanced professional administrative, financial, and budgeting work in support of the City's financial management operations; prepares a diverse range of financial reports; evaluates departmental budget development and administration requests to ensure compliance with City budgetary policies, procedures, and established guidelines; leads in compiling, and preparing the City-wide budget; participates in treasury management and investments; reconciles complex financial transactions; and performs related work as required.

This is the advanced-level class in the professional Financial Analyst series. Positions at this level are distinguished from the Financial Analyst by the significant level of professional financial management work performed; the level of responsibility assumed; and the complexity of duties assigned. Incumbents work independently, and exercise a high level of judgment and initiative. Incumbents are expected to perform the most difficult and complex financial management, budgetary, accounting, and related analysis work requiring thorough knowledge of governmental accounting systems and procedures, and financial management. Positions at this level receive only occasional instruction or assistance as new or unusual situations arise and are fully aware of the operating procedures and policies of the work unit. Incumbents provide lead direction to lower lever staff and may oversee multiple functions of the department.

Receives general direction from the Administrative Services Manager or Finance Manager, as assigned. Exercises technical and functional supervision over, and provides training to, lower-level staff.

Examples of Duties

Essential duties and responsibilities may include, but are not limited to, the following :

• Assists in planning and directing the work of finance staff on assigned tasks and / or projects; reviews the work of assigned staff for accuracy, completeness, and compliance with policies, procedures, and standards; participates in staff training activities; prepares drafts of new or revised departmental processes and procedures and submits recommendations for review and approval.
• Assists in the development and administration of goals, objectives, policies, and procedures related to the area of assignment; drafts policies and procedures with supervisory confirmation.
• Performs advanced level and complex professional tasks in support of the City's financial management operations; prepares a variety of analyses such as revenue and expenditures, variances, personnel costs, and related fiscal documents; develops revenue estimates and financial projections; documents assumptions; conducts sensitivity studies; develops and prepares recommendations.
• Prepares a diverse range of financial reports, including grant reporting, expenditure / revenue budget to actual comparison, monthly fiscal reports, the City's Comprehensive Annual Financial Report (CAFR), and other periodic financial reports.
• Conducts analysis of proposals; identifies issues and opportunities; assists with the development of alternative scenarios to improve service levels and lower costs.
• Explains budgeting guidelines to departmental managers; participates in the review and evaluation of requests to ensure compliance with City policies, procedures, and established guidelines; responds to questions, provides information and support to departments.
• Leads in the coordination and development of the City's annual budget; compiles statistics and prepares projections; drafts the City's budget books.
• Leads and conducts fees studies; summarizes findings and prepares recommendations.
• Participates in the preparation, review, evaluation, and monitoring of capital improvement program (CIP) plans and budgets; monitors and updates operating and capital budget adjustments and funding changes; reviews CIP requests for financial compliance.
• Performs financial analysis and statistical computations for various financial models and cost allocation plans; prepares periodic and ad-hoc financial reports as assigned; researches and answers financial and budget inquiries submitted by staff, City management, citizens, other governmental agencies and the City Council.
• Prepares journal entries and reconciliations for complex accounting transactions such as debt issuance and refunding, capital assets acquisition and related transactions; works with contractors, bond counsel, and fiscal intermediaries on various required year-end schedules, reports and bond financing.
• Monitors financial data collection systems.
• Develops, plans, organizes, controls, trains and evaluates cash handling activities within the Administrative Services Department and City-wide.
• Provides assistance to department management, other City staff, and the public regarding fiscal or operational issues, policies, or procedures.
• Provides lead direction, technical guidance, and training to professional, technical and clerical accounting staff.
• Participates in or directs and monitors assigned projects related to debt management, treasury management and investments; performs research and statistical analysis; prepares and presents reports of findings and recommends appropriate action.
• Provides assistance in the enhancement of the City's core financial system, including implementing new modules and re-configuring existing applications.
• Compiles information and works with auditors on various City-wide financial audits; may lead and / or conduct audits.
• Prepares and submits City Council agenda reports and various other commission, committee, and staff reports, resolutions, ordinances, and correspondence regarding assigned activities.
• Provides lead direction and / or supervision, training and work review to professional, technical and clerical support staff.
• Monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; recommends, within departmental policy, appropriate services and staffing levels.
• Monitors and evaluates the impact of proposed legislation and regulations on the City's programs and requirements within assigned areas of responsibility; conducts research and recommends new procedures, forms, policies, processes and / or programs to conform to new requirements.
• Maintains current knowledge of new trends and innovations in the field of revenue and cash collections, related internal control programs, and customer service; attends and participates in professional group meetings; participates in professional development activities; reads publications relevant to area of assignment.
• Prepares and writes a variety of reports and documentation.
• Observes and complies with City and mandated safety rules, regulations, and protocols.
• Performs related duties as required.

Typical Qualifications

Knowledge of :

Ability to :