Financial Analyst III

Job Description:

Financial Analyst III

Description

JOIN THE CITY OF AUSTIN TEAM

At the City of Austin, we are more than just an employer-we are a vibrant community dedicated to shaping one of the nation's most dynamic and innovative cities. Our guiding principles-Empathy, Ethics, Excellence, Engagement, and Equity - anchor our approach in delivering services that significantly impact the lives of Austin residents. Joining the City of Austin means embarking on a purposeful career, contributing to the community, and being part of a forward-thinking organization that values every employee.

What Makes the City of Austin Special?

• Make a Difference: Join a team driving meaningful change in one of the fastest-growing cities in the nation.
  
• Diverse and Inclusive Workplace: Work in an environment where every voice is valued, and Innovation thrives.
  
• Competitive Benefits: Enjoy a comprehensive compensation package that includes generous leave, work-life balance programs, and extensive benefits.
  
• Retirement Security: Plan for the future with the City of Austin Employees' Retirement System.
  
• Sustainable Transportation Options: Commute easily with access to public transit and bike-friendly infrastructure.
  
• Focus on Wellness: Stay healthy through wellness programs, on-site fitness centers, and mental health support.
  
• Career Growth: Advance your skills and expertise with professional development and leadership opportunities.
  
• Modern Workspaces: Work in innovative and sustainable environments designed to foster collaboration and inspiration.
  

By joining us, you become part of a community that values its people and is committed to making Austin the most thriving and resilient city in the country.

The Financial Analyst III will reside within the Transportation and Public Works (TPW) Finance Division. This position will assist with the management of the operating budget. The Financial Analyst III will assist with the preparation, development, and submittal of the department’s operating budget, as well as complete monthly financial reporting and variance analysis, record financial transactions, and act as a source of information for department.

Job Description:

Purpose:

Coordinates and develops budget process deliverables. Provides financial information to management by planning, developing, interpreting, monitoring, processing and reporting financial and budget information for use by management.

Duties, Functions and Responsibilities:

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

• Assists with development of the operating or CIP budget for the department.
  
• Performs budget analysis by implementing the organization's budget process system, providing guidance and recommendations to management in the development and completion of their budgets; finalizing the organizations budget; and monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances; reviewing budget forecasts; and reviewing current and historical budget information and data.
  
• Prepares financial analysis, periodic, and ad-hoc reports by researching, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems.
  
• Performs debt administration by monitoring debt service schedules.
  
• Provides financial support and monitors CIP projects. Processes and tracks task orders and other project requirements in eCAPRIS and other financial systems.
  
• Assists with the development of department’s Business Plan and forecast. Prepares fund summaries to keep management abreast of the financial conditions of the department.
  
• Develops and maintains computer spreadsheets models and databases to support project data analysis and financial reporting.
  
• Reviews and approves accounting and financial transactions by verifying documentation and accurately completing transactions.
  
• Reviews documentation and funding information for accuracy and ensures that transactions are processed in accordance with City policy, applicable laws and regulations, and sound business practices.
  
• Assists departments and other customers by providing procedural and financial information and guidance with financial systems.
  
• Researches and provides information requested by City Council, City management, boards and commissions, vendors, the public, regulatory agencies, and other City offices.
  
• Monitors State and Federal regulatory processes and provides guidance to the department regarding the financial impact of new and/or proposed legislation, regulations, and standards.
  

Responsibilities - Supervisor and/or Leadership Exercised:

May provide leadership, work assignments, evaluation, training, and guidance to others.

Knowledge, Skills, and Abilities:

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

• Knowledge of the processes and theories used for public budgetary and financial policies.
  
• Knowledge of accounting practices and concepts.
  
• Knowledge of internal control systems.
  
• Knowledge of preferred business practices.
  
• Knowledge of manual and automated financial systems.
  
• Knowledge of financial and budget reporting.
  
• Skill in designing and maintaining complex spreadsheet and database models and utilizing word processing and presentation software.
  
• Skill in effective oral and written communications.
  
• Skill in analyzing and interpreting financial records.
  
• Skill in gathering, analyzing, and presenting data to provide accurate information for management's use.
  
• Ability to resolve problems or situations that requires the exercising of good judgment.
  
• Ability to prepare accurate and complex financial reports.
  
• Ability to establish and maintain good working relationships with other City employees and the public.
  

Minimum Qualifications:

• Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics, plus four (4) years of experience in a related field.
  
• Graduation with a Master’s degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field from an accredited college or university may be substituted for two (2) years of experience.
  
• A five (5) year accounting (MAcy) degree or CPA designation may be substituted for one (1) year of experience.
  

Licenses and Certifications Required:

None.

Preferred Qualifications

• Experience with City of Austin systems such as AIMS, eCOMBS, and MicroStrategy or similar.
  
• Experience in monitoring operating budget expenses and/or revenues, forecasting budgets with a high degree of accuracy, and reporting on budgets or variances.
  
• Strong communication skills, written and verbal that enable and demonstrate successful consultative interactions with peers and managers.
  
• A general understanding of accounting principles including normal balances in general ledger accounts, and other basic accounting skills such as performing reconciliations and the use of T Charts.
  

Notes to Candidate:

About us:
The Austin Transportation and Public works Department is a highly reliable organization that builds and maintains infrastructure for our community. Our vision is for Austin to be the model for safe, reliable, and sustainable transportation. We value safety, unity, reliability, accountability, integrity, community, and employee fulfillment.

Working for the City of Austin also provides a number health and welfare benefits such as low-cost medical, dental, vision, paid leave time, a highly competitive retirement plan, career development opportunities and more. For more information on City of Austin Benefits click here .

To watch a video about Austin Transportation and Public Works, click here.

Essential Employee:

This position is considered an “Essential” role and is essential to the operations of the City based on the preparation, response, and recovery phase of extraordinary situations or emergency conditions. As an employee that has been designated as “Essential” the expectation will be to work at a designated work site during declared extraordinary situations or emergency conditions to serve the community. Essential Employees during emergencies play a role in ensuring the public health, safety, and welfare of our community and ensuring City operations continue.

Pay Rate: From $69,659.20 to $88,836.80

Hours: Monday through Friday 8:00 a.m. to 5:00 p.m. *Hours may vary depending on departmental needs and initiatives.

Location: 5202 E Ben White Blvd, Austin, TX 78741

A Cover Letter and Resume are required for this position. Please be sure to upload these documents for consideration.

Applicant: READ THIS STATEMENT Regarding your Application:

A detailed and complete employment application is required to help us better evaluate your qualifications and will be used to determine salary if you are selected for this position. Please list your complete employment history (to include all job duties responsibilities and employment dates) on your online application. The application is an official document; incomplete applications will not be considered (e.g., “see resume” or “see Linked In Profile”). Resumes will not be used to qualify for the position and will not be used to recommend salary.

Assessment: This position may require a skills assessment.

Close Job Posting: Department may close the job posting at any time after 7 days.

90 Day Provision for Additional Vacancy:

This posting may be used to fill other vacancies in other sections within the Division. Decisions on assigned section will be made at the time of hire based on business needs.

Office Location Notes: Office location is subject to change based on department needs and programs.

Austin Transportation and Public Works positions are not at 100% remote operation.

Video Conferencing Software Technology:

The Austin Transportation and Public Works Department uses the communication platform, Microsoft Teams, to conduct virtual interviews.

Please be aware that the Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before the date listed. All application steps, including attachments and submission, must be fully completed before that time.

We also recommend that you save or print a copy of the job posting for your records. Once a posting has closed, it will no longer be viewable in the system.

EEO Statement for City of Austin:

The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS, AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.

City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.

Closing Date/Time: 2025-10-02