Financial Analyst
HRSD Talent Management
Virginia Beach, VA
Full-time
Accounting
Posted on August 15, 2022
Monday - Friday Days with some flexibility in hours and working hybrid once trained.
We have added an additional training level to this position that would allow a recent college graduate with a Bachelor's degree in Accounting, Finance or other related area to apply
Brief Description:
Under broad guidance, the Financial Analyst is responsible for:
a. Performing the monthly and annual accounting close and distributing related reports to supervisors, managers, directors, and other staff
b. Assists in the evaluation and preparation of the annual operating and capital budgets (the Budget)
c. Assists in the preparation of the Annual Comprehensive Financial Report (ACFR)
d. Compiles fixed asset records for grants, capital assets, and all new assets acquired
e. Managing capital project financing, which includes different debt instrument types and ensuring Trust agreement and other compliance and disclosure requirements
f. Analyzing all cash related activities and investments within HRSD to ensure financial viability
g. Ensuring clean audits and strong accounting controls
Job Description:
Education
1.Required
Bachelor of Science in Business, Finance or Accounting
2. Desired
Master’s in Business, Finance or Accounting
b. Experience
Required
a) Minimum of 4 years increasingly responsible experience with general ledger, budget, debt management, and cash flow forecasting
b)Proven ability to work accurately with numbers within a deadline-driven environment
c. Training Levels
Personnel are fully qualified at Grade 8 with a Bachelor’s degree and four years of accounting experience to include general ledger, budget, debt management, and cash flow forecasting; for those who are not fully qualified, the following training levels have been established
:Grade 8a – Appropriate bachelor’s degree and three years of accounting experience as outlined above
Grade 8b – Appropriate bachelor’s degree and two years of accounting experience to as outlined above
Grade 8c – Appropriate bachelor’s degree and one year of accounting experience
Grade 8d-Appropriate bachelor’s degree and no experience
NOTE: A master’s degree in business, finance or accounting would satisfy one year of the experience requirement
d. Job-specific Technical Competencies
Required
a)Maintains accounting knowledge required to prepare financial statements and external audit schedules
b)Advanced proficiency in using accounting systems
c)Maintains updated knowledge of all local, state, and Federal regulations affecting municipal credit markets , investments, deferred compensation, and other technical areas (such as, the HRSD Enabling Act, IRS/State Tax Codes, HRSD Trust Agreement, Commonwealth of Virginia Code, HRSD Policy, etc.)
d)Makes decisions using advanced level experience with cash management, cash flow forecasting and investments
e)Reads and interprets contracts; makes recommendation to proposed contractual agreements
f)Researches investments, industry related regulations, State Code, investment best practices
g)Recommends policies and procedures as necessary affecting own area and HRSD financial position
h)Maintains effective relations with employees, vendors, banks and customers
i)Maintain knowledge of escheat laws
j)Maintains high level of proficiency with computer software, including Oracle, Hyperion, MS Outlook, Word, Excel (advanced), Access and PowerPoint
k)Exhibits knowledge of budgetary control and financial procedures.
Special Licenses
1.RequiredValid driver’s license from state of residence
2.DesiredCertified Public Accountant (CPA
f. HRSD Universal Competencies
HRSD is committed to being an equal opportunity employer. HRSD does not discriminate against individuals in employment on the basis of race, sex, including sexual orientation, pregnancy, religion, color, national origin, age, disability, military or veteran status, genetic information, engaging in protected activity or any additional protected characteristics recognized by federal, state and local law.
HRSD is a Drug Free Workplace.