Principal Financial Analyst

Job Description:

Principal Financial Analyst

Description

Marketing Statement

Ride BART to a satisfying career that lets you both: 1) make a difference to Bay Area residents, and 2) enjoy excellent pay, benefits, and employment stability. BART is looking for people who like to be challenged, work in a fast-paced environment, and have a passion for connecting riders to work, school and other places they need to go. BART offers a competitive salary, comprehensive health benefits, paid time off, and the CalPERS retirement program.

Job Summary

Pay Rate
This classification has moved to a salary step structure as of January 1, 2025. Individuals hired into the classification will typically be appointed at Step 1 of the salary range. They will advance to Step 2 after working in the position for six (6) months, to Step 3 after working in the position for twelve (12) months, and to Steps 4 and 5 at one (1)-year intervals thereafter. Each salary step progression will provide a 5% increase to the employee’s base salary until Step 5 is reached. The salary range for the Principal Financial Analyst is $136,156.80 - $165,505.60 (AFSCME Grade A17).

Starting negotiable annual salary will be $136,156.80/annually (Step 1), commensurate with experience and education.

Reports To
Senior Manager Professional Service Agreements
Current Assignment
First review of applications will be on August 1, 2025.

The Procurement Department is responsible for processing formal and informal bid solicitations for construction, service agreements, materials, supplies, and other financial commitments in a manner consistent with the policies and procedures as defined in the BART’s Procurement Manual, State, and Federal laws. The Professional Service Agreements (PSA) Team is a division within Procurement.

PSA’s mission is to coordinate and identify professional and technical resources for the District to achieve project delivery in the timeliest, compliant, and cost-effective way. Working closely with Infrastructure Development and contracted planning, environmental, architectural, general engineering and construction management firms, PSA ensures selection of the best available teams to complete capital project scope from the team’s role as fiduciary of public funds.

The Principal Financial Analyst will be an integral member of the Professional Service Agreements Team performing principal-level financial and contracting tasks to facilitate the use of on-call Architectural and Engineering contracts to complete capital projects throughout the BART system. The selected candidate will be administering complex professional service agreements; supervising the work of (2) Financial Analyst IIs, under the guidance of the Senior Manager, including assigning work, overseeing output and evaluation; supporting process improvement activities.

Key responsibilities for this position include identifying and resolving complex contract, financial, and budgetary issues around utilization of service agreements for capital projects, which require strong execution and analytic abilities, including:

• Working independently and defining workload;
• Taking the initiative, including introduction and support of changes to processes and procedures;
• Identifying and understanding issues, problems and opportunities; and devising appropriate solutions;
• Experience with PeopleSoft, SharePoint, or other relational database financial systems, including data entry, reporting, query design, and model development/modification;
• Experience executing government contracts and administering their use.

Selection Process
This position is represented by American Federation of State, County, and Municipal Employees (AFSCME). Applications will be screened to assure that minimum qualifications are met. Those applicants who meet minimum qualifications will then be referred to the hiring department for the completion of further selection processes.

The selection process for this position may include a skills/performance demonstration, a written examination, and/or an individual or panel interview.

The successful candidate must have an employment history demonstrating reliability and dependability; provide copies of certificates, diplomas or other documents as required by law, including those establishing his/her right to work in the U. S.; pass a pre-employment medical examination which includes a drug and alcohol screen, and which is specific to the essential job functions and requirements. Pre-employment processing will also include a background check. (Does not apply to current full-time District employees unless specific job requires additional evaluations).

The selection process for this position will be in accordance with the applicable collective bargaining agreement.

Application Process
External applicants may only apply online, at www.bart.gov/jobs . Applicants needing assistance with the online application process may receive additional information by calling (510) 464-6112.

Current employees are strongly encouraged to apply online, either at www.bart.gov/jobs , or on EmployeeConnect. Current employees may also apply using a BART paper application by delivering the completed form to the Human Resources Department, or by mailing it to P.O. Box 12688, Oakland, CA 94604-2688.

All applicants are asked to complete the application in full, indicating dates of employment, all positions held, hours worked, and a full description of duties. Online applicants are invited to electronically attach a resume to the application form to provide supplemental information but should not consider the resume a substitute for the application form itself.

Applications must be complete by the closing date and time listed on the job announcement.

Other Information

Please be prepared to present documentation in support of any required licenses, degrees, or certifications upon request.

Please note that any job announcement may be canceled at any time.

Note

When you have successfully applied for this position you will receive an auto reply e-mail acknowledging that your application was received for this position. Please retain a copy of the e-mail for your records. If you receive an auto reply that does not specifically reference this position, please email Employment Help at employment@bart.gov for assistance.

To verify submission of your application, click on the 'My Career Tools' link at the top of the 'Careers Home Page' after submitting your application to view the list of applications you have submitted (including application date and status). If you have further questions, please email the Employment Help at employment@bart.gov , between the hours of 8:15am - 5:00pm, Monday- Friday.

Examples of Duties

Establishes schedules and methods for providing financial analysis services; identifies resource needs; reviews needs with appropriate management staff; allocates resources accordingly.

Participates in the development of policies and procedures; monitors work activities to ensure compliance with established policies and procedures; makes recommendations for changes and improvements to existing standards and procedures.
Recommends and assists in the implementation of goals and objectives; implements approved policies and procedures.
Conducts complex financial and management studies to evaluate District system performance and operating efficiency; prepares and presents study findings and recommendations; implements recommendations and provides assistance to District departments in assessing performance against stated objectives.
Performs the most technical and complex tasks of the work unit including specialized analyses and studies related to the District's budgeting, financial control and management analysis functions.
Provides financial oversight on assigned projects; identifies funding sources; projects cash flow requirements; maintains budgetary records for proposed projects; compiles actual project costs; performs financial, statistical and comparative analysis of actual and budgeted costs.
Participates in the preparation and administration of District-wide budgets; compiles and analyzes budget data; coordinates activities within other divisions and departments.
Analyzes contract provisions and change orders related to approved cost of work and budget allocations; analyzes and reports cost variances; ensures that cost control methods are implemented and applied to program objectives.
Develops and recommends improvements to computerized financial management system.
Participates in the selection of assigned staff; provides or coordinates staff training; works with employees to correct deficiencies; implements discipline procedures.

Prepares analytical and statistical reports on operations and activities.
Attends and participates in professional group meetings; stays abreast of new trends and innovations in the field of financial analysis and program management.
May plan, prioritize, assign, supervise, review and participate in the work of staff responsible for complex financial, statistical and project control analysis in assigned area.

Minimum Qualifications

Education :
A Bachelor’s degree in business administration, accounting, economics or a closely related field from an accredited college or university.

Experience :
Four (4) years of (full-time equivalent) verifiable professional budgetary, financial or management analysis experience.

Substitution :
Additional professional experience as outlined above may be substituted for the education on a year-for-year basis. A college degree is preferred.

Knowledge and Skills

Knowledge of :

• Operations, services and activities of a comprehensive budget and financial control program.
• Principles of supervision, training and performance evaluation.
• Principles of financial and operational analysis.
• Financial, statistical and comparative analysis techniques and formulas.
• Principles and practices of project budget development, administration and control.
• Advanced principles and practices of accounting.
• Principles and practices of financial project management and scheduling.
• Methods and techniques for assessing performance against established objectives.
• Current office procedures, methods and equipment including computers.
• Applicable computer software applications.
• Related Federal, State and local laws, codes and regulations.

Skill in :

• Selecting, supervising, training and evaluating staff.
• Performing complex financial, statistical, comparative and management analyses.
• Establishing and implementing procedures for budget and project control.
• Identifying funding sources for proposed and current projects.
• Performing accurate complex financial calculations.
• Developing, organizing and maintaining accurate financial records.
• Interpreting complex computerized records and reports.
• Interpreting complex contract provisions and change orders.
• Interpreting and explaining District policies and procedures.
• Preparing clear and concise financial and administrative reports.
• Operating office equipment including computers and supporting word processing and spreadsheet applications.
• Communicating clearly and concisely, both orally and in writing.
• Establishing and maintaining effective working relationships with those contacted in the course of work.
  
  

Equal Employment Opportunity GroupBox1

The San Francisco Bay Area Rapid Transit District is an equal opportunity employer. Applicants shall not be discriminated against because of race, color, sex, sexual orientation, gender identity, gender expression, age (40 and above), religion, national origin (including language use restrictions), disability (mental and physical, including HIV and AIDS), ancestry, marital status, military status, veteran status, medical condition (cancer/genetic characteristics and information), or any protected category prohibited by local, state or federal laws.

The BART Human Resources Department will make reasonable efforts in the examination process to accommodate persons with disabilities or for religious reasons. Please advise the Human Resources Department of any special needs in advance of the examination by emailing at least 5 days before your examination date at employment@bart.gov .

Qualified veterans may be eligible to obtain additional veteran's credit in the selection process for this recruitment (effective Jan. 1, 2013). To obtain the credit, veterans must attach to the application a DD214 discharge document or proof of disability and complete/submit the Veteran's Preference Application no later than the closing date of the posting. For more information about this credit please go to the Veteran's Preference Policy and Application link at www.bart.gov/jobs .

The San Francisco Bay Area Rapid Transit District (BART) prides itself in offering best in class benefits packages to employees of the District. Currently, the following benefits may be available to employees in this job classification.

Highlights

• Medical Coverage (or $350/month if opted out)
• Dental Coverage
• Vision Insurance (Basic and Enhanced Plans Available)
• Retirement Plan through the CA Public Employees’ Retirement System (CalPERS)
  • 2% @ 55 (Classic Members)
  • 2% @ 62 (PEPRA Members)
  • Reciprocity available for existing members of many other public retirement systems (see BART website and/or CalPERS website for details)
• Money Purchase Pension Plan (in-lieu of participating in Social Security tax)
  • 6.65% employer contribution up to annual maximum of $1,868.65
• Deferred Compensation & Roth 457
• Sick Leave Accruals (12 days per year)
• Vacation Accruals (3-6 weeks based on time worked w/ the District)
• Holidays: 9 observed holidays and 4 floating holidays
• Life Insurance w/ ability to obtain additional coverage
• Accidental Death and Dismemberment (AD&D) Insurance
• Survivor Benefits through BART
• Short-Term Disability Insurance
• Long-Term Disability Insurance
• Flexible Spending Accounts: Health and Dependent Care
• Commuter Benefits
• Free BART Passes for BART employees and eligible family members.

Closing Date/Time: 8/8/2025 11:59 PM Pacific

Salary:

$136,156.80 - $165,505.60 Annually