Financial Analyst IV

Job Description:

Financial Analyst IV

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. As we strive to fulfill our commitment as public servants, it is important that we ground our efforts in a set of guiding principles - Empathy, Ethics, Excellence, Engagement, and Equity - anchors in delivering services that significantly impact the lives of Austinites. 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.
  
• Value and Innovation : Work in an environment where employees are 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 that 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.

At the Austin Fleet Mobility Department, we’re proud to play a vital role in keeping our city moving forward. Managing more than 7,500 vehicles across 25 departments-including Fire, Police, EMS, Austin Energy, and Austin Water-we support the essential services that make Austin thrive, focusing on innovation, sustainability, and efficiency.

Job Description:

Purpose:

Develop and prepare long range financial forecasts, revenue estimates, rate recommendations, expenditure trends, economic forecasts, computer financial models and other complex financial and statistical analysis.

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.

• Develops and prepares reports, analyses, and models used in revenue and economic forecasts and budgets.
  
• Develops and completes cost of service rate and structure recommendations, rate studies, and methodology analysis to comply with State regulatory requirements using multiple variables.
  
• Primarily responsible for developing 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 complex financial analysis, periodic and ad-hoc reports by researching, financial benchmark reporting, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems.
  
• Develops and prepares reports, analyses, and models to analyze debt issuances, bond issuance timing, Official Statement updates, calculate debt service requirements, equity financing ratios, cash reserve requirements, revenue bond debt refunding, rating agency presentations and other debt related requirements. Performs debt administration, impact analysis and monitors 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.
  
• Develop and maintain complex databases to conduct comprehensive financial and technical analysis, and develop models and reports in Business Intelligence system to support and monitor performance and financial benchmarks.
  
• Develop complex reports and documentation in compliance with local, State and Federal regulatory requirements. Conduct cost analysis, financial and performance benchmarking with other entities and assist in development of expert testimony.
  
• 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 be responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal
  

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.

• 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 utility ratemaking and cost of service study methodology.
  
• Knowledge of debt instruments, cash management and utility financing methods.
  
• Knowledge of forecasting models; econometric studies, analysis and forecasting; and estimating methods and techniques.
  
• Knowledge of cost benefit analysis, feasibility studies and net present value analysis methods.
  
• Knowledge of enterprise budgeting, financial planning or accounting.
  
• Knowledge of research methods, survey techniques, statistical concepts and report writing.
  
• Ability to complete detailed financial and economic analyses.
  
• Ability to lead and/or facilitate meetings and workshops.
  
• Ability to work independently.
  
• Skill in generating and analyzing financial and statistical reports.
  
• Skill in communicating effectively, orally and in writing.
  
• Skill in using computers and related software applications.
  
• Skill in performing quantitative analysis.
  

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 five (5) years’ experience in a related field.
  
• A Master’s degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field may be substituted for 2 years’ experience.
  
• A five (5) year accounting (MAcy) degree or CPA designation may be substituted for 1 years’ experience.
  

Licenses and Certifications Required:

• None
  

PREFERRED QUALIFICATIONS:

• Experience developing financial forecasts and budgets.
  
• Experience preparing and/or reviewing cost allocation plans and cost of service rates.
  
• Experience coordinating the workflow of budgeting and/or general accounting teams preparing financial documents to ensure timely preparation, review, and approval.
  
• Experience reporting financial results to managers and executives.
  
• Advanced knowledge of Microsoft Excel.
  

Notes to Candidate:

Pay Range:

$80,490.00 - $102,200.00

Schedule:

DAYS AND HOURS:

Monday - Friday

8:00 a.m. - 5:00 p.m.

Flexible work schedule is available.

This position will offer the ability to work remotely. Ability to work remotely is not a guarantee, and may be adjusted in the future depending on the work group needs. Please note that position's location and/or schedule is subject to change based upon operational needs.

Location: Austin, TX

Applicants are expected to follow all directions as listed in this job posting.

This position develops, prepares, and/or performs first level review of financial forecasts, revenue estimates, operating and capital budget, expenditure trends, Citywide fleet allocations, and cost of service rates. This position includes direct supervision of budgeting (operating and CIP) and general accounting (accounts receivable, revenue, and fixed assets) team.

Employment Application:

• The City of Austin employment application is an official document; incomplete applications will not be considered.
  
• Please be sure to detail on the application all current and previous employment.
  
• The Employment Record should be complete with job titles, employment dates, and specific job duties, functions, and responsibilities for each position held.
  
• Do not leave the “Duties and Responsibilities” sections blank. These will be considered incomplete applications.
  
• For each position, please describe your specific experience as it relates to the minimum and preferred qualifications.
  
• If you are selected as the top candidate, starting salary will be based on overall relevant experience from your application.
  
• When completing Supplemental Questions, please note your answers to the supplemental questions must be supported by the information contained in your application.
  
• Once the job posting has closed, applications cannot be changed; you will not be given the opportunity to provide additional work experience once you complete and submit your job application.
  

Additional Information:

• Verification of your education (which may include high school graduation or GED, undergraduate and/or graduate degrees) is required. You must provide proof of education from an accredited organization or institution. You must also provide proof of your professional licenses or certifications.
  
• If you are in the military or are a military veteran, you will need to provide a copy of the Member 4 page of your DD-214 prior to confirming a start date.
  
• More than one round of interviews may be required.
  
• Applicants are encouraged to apply as soon as possible. The department reserves the right to close the posting after 7 calendar days.
  
• Cover letters and resumes are not being accepted for this position.
  

Skills Assessment:
A skills assessment(s) may be required as part of the recruitment process.

90 Day Provision for Additional Vacancy:
When the same or an additional vacancy occurs within a department in the same job title within 90 days after the start date of the top candidate, the hiring department may offer the additional position to another top candidate from the same candidate pool, or, advertise for the new position.

Travel:

If you are selected for this position and meet the Driver Safety Standards in the City of Austin Driver Safety Program, you may drive when necessary to multiple locations as part of your regular job duties. Otherwise, you are responsible for getting to and from these locations.

To view the City of Austin Recruitment Video, please click here!

To view Fleet Mobility Services Recruiting Information, please click here!

Working with the City of Austin provides a number of benefits including medical, paid leave time, a great retirement plan, training opportunities and more! Click HERE for more information.

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: 2026-01-05