Principal Financial Analyst

The Principal Financial Analyst will be under the direct supervision of the Financial Analysis Manager in OSD Director’s Office. In addition to supporting the FA Manager, the selected candidate will also provide dedicated financial, and systems support to OSD’s Facility Construction Support Division and Central Automotive Division, as needed.

The selected candidate will:

Monitor Financial Performance: Assume a major role in the preparation of monthly financial variance and overtime performance reporting schedules for each OSD division, encompassing the appropriate research and analyses required to yield concise, clear variance explanations senior staff and executive report outs. Monitor department-wide chargebacks and assist in modifications to both processes and content, as appropriate; assist with monthly accruals. Perform root cause analysis to identify drivers and mitigation strategies.

Develop Multi-Year Budget Planning: Support and assist the development and data input of the consolidated Operations Services Department’s (OSD) annual expense and revenue budgets.

Business Diversity Reporting: Collect and report the OSD’s MWBE performance and statistics; assist divisional contract administrators with Diversity Management business supplier program with system basics, updating contract information, etc.

Authorization Documents and Approval: Evaluate authorization documents, including for contracts, consultants, call-in programs, etc., and Agency actions to ensure financial soundness and alignment to approved budget and agency priorities.  Assist in the preparation of OSD authorization items, as needed.

Continuous Improvement (CI): Conduct analytical reviews to improve operational efficiency and cost effectiveness; and provide financial input and support for departmental strategic priorities, business planning initiatives, and CI projects.

Special Projects: Participate in RFP committees and other agency working groups from the financial perspective to raise and resolve financial implications. Assist in both internal and external audit response preparation.

Qualifications

Candidates must present the following qualifications to be considered eligible for this position:

A Bachelor’s Degree in Finance, Business Administration, Accounting, Public Administration, or related field from an accredited college or university.

Three (3) years of experience in accounting, finance, analytics, budgeting, or related field can be substituted for a degree.

A minimum of four (4) years’ work experience in a business or financial area; other relevant experience may be considered.

Desired

Ideal candidates will present the following profile:

General knowledge of development and submission of Strategic and Department Business Plans; general knowledge of policies and procedures related to the Board Process, Budget planning, and the authorization process (Board Items, PRMJs, By-Law MJs, and MAs).

Demonstrated knowledge of accounting, budgeting, financial, and business planning procedures.

Skilled in managing comprehensive analytical projects, with demonstrated ability to set specific timelines and deliverables to achieve goals.

Possess strong financial, analytical, and problem-solving skills

Demonstrated strong interpersonal skills and the ability to interact effectively with staff at all levels as well as outside agencies and industry representatives.

Demonstrated superior oral, written, and presentation communication skills.

Demonstrated experience with computer software programs, particularly Microsoft Suite (Excel, Word, and PowerPoint) and PeopleSoft, SAP, or comparable financial accounting systems.

An advanced degree in Finance, Business Administration, Accounting, Public Administration, or related field.