Financial Analyst

The Position

Come to a City that Builds Careers! As one of the largest cities in Broward County, the City of Hollywood provides an energetic, innovative and collaborative work environment for its employees. Want Top Notch Insurance? We offer low cost health insurance giving you the best value - Medical, Dental, Vision and Flexible Spending Plans. Need Work Life Balance? We have got you covered with a 4-Day Work Week and an Award Winning Wellness Program. And We Don't Stop There. The City of Hollywood provides a generous Paid Time Off Program inclusive of 13 Paid Holidays, Vacation Leave, Personal Leave, and Sick Leave. Repaying Student Loans? Employees at the City with 10 years of public service and on-time payments qualify for the Federal Student Loan Forgiveness Program. Let's Partner Together and Come Grow with the City of Hollywood.

Job Summary: Under the general direction of the Director or the designee of the assigned department, performs detailed cost and financial analysis encompassing a wide range of functions, which involves budgeting, forecasting, accounting, credit card processing, revenue management, operation analysis, and special projects. Develops and interprets detailed accounting information and makes recommendations regarding the efficient utilization of resources and the proper accounting for transactions. Exercises discretion and creativity as to work details on assignments of a varied, diverse and difficult nature. Assists in solving complex technical problems in areas where no precedent exists.

Essential Job Functions and Responsibilities:

• Performs specific tasks related to rate development, including cost centers and their related expenses, and calculating recovery rates; prepares related reports.
• Creates and analyzes monthly, quarterly, and annual reports and ensures financial information has been recorded accurately.
• Utilizes the City's enterprise resource planning (ERP) system (Oracle Cloud to manage financial data, generate reports, monitor budgets, and support daily fiscal operations.
• Performs financial reconciliations and analysis using Oracle Cloud modules, ensuring accuracy of general ledger activity, payroll expenditures, and revenue tracking.
• Coordinates and reviews timekeeping and payroll data to ensure accurate reporting and reconciling on payroll expenses.
• Monitors and analyzes overtime usage, minimum staffing requirements, and personnel deployment to identify trends and provide recommendations for cost control and operational efficiency.
• Assists in the development, monitoring, and projection of personnel services budgets, including salaries, overtime, and fringe benefits.
• Oversees and monitors billing and revenue collection processes, including coordination with third-party billing vendors, to ensure timely and accurate claim submission and reimbursement.
• Reviews reports and documentation practices to support billing accuracy, reduce claim denials, and improve reimbursement outcomes.
• Analyzes billing data, payer trends, and collection rates to identify revenue opportunities and operational improvements.
• Coordinates with billing vendors, Finance, and Department staff to ensure timely processing and payment of invoices for services rendered, while resolving billing discrepancies, denials, and compliance-related issues.
• Ensures billing practices comply with applicable federal, state, and local regulations, including Medicare/Medicaid requirements.
• Performs specialized financial or cost analyses; prepares related reports.
• Provides technical assistance in the design of cost accounting or reporting systems and related forms and documents.
• Performs financial forecasting and reconciliation of internal accounts.
• Identifies trends and developments in the field of financial analysis and departmental operations.
• When assigned to the department, assists the Director or their designee in reviewing financial and internal controls to determine whether such controls are adequate to meet management objectives and ensure the safeguarding of assets.
• Assemble spreadsheets and prepare charts and graphs used to illustrate technical reports.
• Performs specific tasks related to budget practices and policies; recommends changes to enhance operating efficiencies.
• Researches and prepares reports for management review concerning revenues and expenditures including short- and long-term forecasts for revenue, expenditure and financial trends.
• Performs cost analysis of the department.
• Effectively and positively represents the City in delivering and performing work with colleagues and clients, irrespective of gender, race, religion, age, disability, political affiliation or belief, or sexual orientation.
• Establish and maintain effective and professional relationships with work colleagues, supervisors and managers.
• Performs related work as required for this position description only.

The Requirements

Education/Experience: To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Required: Bachelor's Degree from an accredited college or university with a major in Accounting, Finance, or Business Administration supplemented by two (2) years' experience in auditing, cost accounting, governmental budgeting and/or financial analysis, payroll reconciliation, lifecycle billing, or revenue cycle management, preferably within a public safety or government environment; or an equivalent combination of training and experience. M.B.A or M.P.A. may substituted for one (1) year experience. Additional education and experience or an equivalent combination of training and experience may be substituted for the above requirements.

Certificates, Licenses, Registrations:

• Valid Driver's License: With proof of automobile insurance
• Background Check: Must have an acceptable background record
• Driving Abstract: Must have an acceptable driving record

Knowledge, Skills, Abilities:

• Knowledge of the principles and practices of governmental budgeting and accounting including general and specific revenue, debt service, capital projects, enterprise, internal service, purchasing and taxation.
• Knowledge of cost and financial accounting principles, practices and procedures.
• Knowledge of microcomputer spreadsheets, word processing, graphics, and database management systems.
• Knowledge of principles and techniques used in conducting management studies, system analyses and financial analyses.
• Knowledge of internal control systems and procedures.
• Skill in performing complex numerical calculations.
• Skill in preparing complex management reports and presentations in a timely basis.
• Skill in optimizing the lifecycle of billing accounts, utilizing multi-payer reimbursement methodologies to ensure fiscal compliance and revenue integrity.
• Skill in the use of personal computers and related financial and statistical software products.
• Skill in both verbal and written communication.
• Ability to evaluate complex financial documents; ability to conduct thorough analytical work.
• Ability to make rational decisions through sound logic and deductive processes.
• Ability to establish and maintain effective and professional relationships with work colleagues, supervisors, managers and the public.

Physical Demands: The physical abilities described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to walk, sit, write, hear, speak and be required to exert up to 50 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. May require the use of fingers or hands to manipulate objects such as picking, griping, or pressing. Specific vision abilities required by this job include close and distance vision, peripheral, and depth perception.

Work Environment: Work is performed primarily in an office environment that requires the employee to be sensitive to change and responsive to changing goals, priorities, and needs.

The Examination

Required Education and Background Information: Look over the announcement carefully to determine your eligibility. Please note minimum education and experience requirements. Closed competitive positions are open only to employees while open competitive positions are open to anyone who meets the minimum qualifications for the position. Evidence of a GED test score is required if submitted for high school diploma. Applicants are responsible for clearly documenting work experience and/or providing all relevant information at the time of application. Additional information will not be accepted after the announcement closing date.

Examination: Depending on the number of applicants and the quality of their education and experience, the examination may consist of one or more of the following tests: written examination, performance examination, education and experience evaluation, oral examination and/or other job related examinations. You will be notified of the time and place of your examination when you file or later by mail. A passing grade is required on each part of the process. Repeated participation in any examination for which the same test is used is limited to once every 6 months. Your examination results will be sent by email as soon as possible after the grading is completed. Final passing grades are used to determine a candidate's position on the eligibility list of successful candidates. Departments fill vacancies from this list. The top three names are considered for each vacancy unless otherwise modified. Those not appointed are returned to the eligibility list for further consideration in accordance with the Civil Service Ordinance. Your name will remain on a register for one year for open competitive examinations and two years for closed competitive except where labor contract conflicts. Your name may be removed from an eligibility list prior to one year according to Hollywood's Civil Service