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Financial Analyst
City of Grand Prairie Grand Prairie, TX
$78k-96k (estimate)
Full Time | Public Administration 7 Months Ago
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City of Grand Prairie is Hiring a Financial Analyst Near Grand Prairie, TX


Join our dynamic team in a pivotal role as a Financial Analyst! This is accomplished by preparing the annual budget, auditing bills and payments; submitting payments and keeping account of expenses; preparing, analyzing, and reconciling expenditures and revenue data; overseeing periodic review of budgets; and performing budget modifications. Other duties include maintaining records; paying bills for department; completing indirect cost studies; and interacting with other City employees and citizens. Elevate your career in a role that blends financial expertise with meaningful interactions, contributing to the success of our organization and apply with The City of Grand Prairie today!
ESSENTIAL FUNCTIONS: 
  • Prepares annual budget by preparing and checking mathematical details on annual budgets; gathering information from appropriate sources; and compiling annual budget for the city.
  • Prepares and analyzes expenditures and revenue data by extracting data and analyzing expenditure and revenue reports; advising supervisory personnel of expenditures and revenue trends; preparing periodic reports of expenditures and revenue to point out relationships of estimates to actual expenditures to supplement City budget reports.
  • Oversees periodic review of budgets by preparing comparative analysis of operating program; analyzing costs in relation to services performed during previous financial year; submitting reports to Supervisor with recommendations for budget revisions.
  • Performs budget modifications by analyzing accounting records and personnel costs data to determine financial resources required to implement programs; and submitting recommendations for budget allocations.
  • Completes other tasks by maintaining records on the budget that include internal and external forms and procedures; paying bills for department; maintaining all time sheets for department; and completing indirect cost studies.
  • All other duties as assigned by a supervisor/manager within your department/division.
 
MANAGEMENT SERVICES DEPARTMENT BUDGET DIVISION SPECIFIC FUNCTIONS: 
  • Gathers and compiles budget, financial, forecast, and technical information from departments, schedules meetings, and compiles materials and binders for the budget allocation process.
  • Assists department heads in developing budget requests.
  • Perform financial analysis and research; prepare reports and make recommendations based on findings.
  • Prepares narrative of analysis to go along with monthly budget reports, including the internal services department allocations, and assists Financial Analyst.
  • Enters and maintains data in the budget software and assists with testing and troubleshooting when software issues arise; maintains data integrity of the financial database by carefully reviewing and reconciling budget reports with the general ledger.
  • Meets quarterly with department budget contacts to disseminate budget information, discuss concerns, and address unforeseen events.
  • Prepares various surveys, census reports, and other requests from outside organizations.
  • Primary contact to the community on questions about funding mechanisms.
  • Prepares and presents presentations, staff reports, and resolutions for presentation to the City Council, community groups, and employee groups and answer questions.
  • Calculates debt payments and maintains debt payment schedule.
  • Maintains and monitors all revenue and expenditures related to capital improvement projects.
  • Assists on special projects as requested, including completing annual surveys from various entities and assisting with the annual audit and auditors' requests for information.
  • Assists the Budget Manager with implementing annual budget request programs and policies.
  • Assists the Budget Manager and departments with developing and administrating the City’s operational budget.
  • Assures compliance with state and local regulations for funding mechanisms.
 
  • Education: Bachelor’s degree or equivalent.
  • Experience: 3-5 years of related experience.
  • Licenses: Valid Texas Class C Driver's License.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Public Administration

SALARY

$78k-96k (estimate)

POST DATE

10/23/2022

EXPIRATION DATE

05/30/2024

WEBSITE

gptx.org

HEADQUARTERS

GRAND PRAIRIE, TX

SIZE

500 - 1,000

FOUNDED

1863

CEO

RON JENSEN

REVENUE

$200M - $500M

INDUSTRY

Public Administration

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City of Grand Prairie
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The job skills required for Financial Analyst include Analysis, Accounting, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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