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Greater Richmond Transit System
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Financial Analyst
$65k-80k (estimate)
Full Time 2 Months Ago
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Greater Richmond Transit System is Hiring a Financial Analyst Near Richmond, VA

SUMMARY
This position serves as the Financial Analyst of the Finance Department. The primary duties of the Financial Analyst include budgeting, pension accounting, and financial reporting. Responsible for assisting with operating and capital budgets, and financial reports, comprehensive worksheets and schedules. Assists with accounting activities within the Finance Department by performing the following duties:
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.
  • Develop budget models, guidelines, parameters, schedules and procedures for actual budget preparation.
  • Work directly with senior management to resolve budget problems.
  • Perform Pension accounting and reconciliations as required. Develop the Pension worksheet and schedules to assist the annual Actuarial Reporting. Assist with the annual Pension audit as necessary.
  • Provide management with ongoing forecasts of operating revenues and expenses.
  • Report financial and accounting problems to Director of Finance.
  • Collect, analyze, and input National Transit Database data for the annual reporting.
  • Assist with the development and annual update of the Transit Development Plan (TDP).
  • forecasts of operating revenues and expenses as necessary.
  • Assist with the maintenance of all accounting records, monitor income, cash flow and expenditures.
  • Assist with the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, property, operating expenses, and insurance records.
  • Identify and communicate cost reduction opportunities.
  • Assist with the preparation of retirement calculations and pension plan administration.
  • Monitor changes in legislation or regulations that may affect the company.
  • Other duties as assigned.
    SUPERVISORY RESPONSIBILITIES. None
    QUALIFICATIONS. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
    Education and/or Experience
    • Bachelor’s degree in Accounting, Finance, Business Administration or related field required. Certified Public Accountant (CPA) and/or master’s degree from an accredited college or university in business, finance, accounting or related field preferred.
    • 4 years of experience in accounting or equivalent combination of training and experience required. Previous experience in budgeting and pension accounting preferred.
    • Strong analytical skills (both qualitative and quantitative), ability to identify key points, trends, develop summary findings.
      Required Knowledge, Skills, and Abilities essential to Job Functions
      The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
      • Ability to understand trends, drive specific analyses, and develop actionable insights.
      • Ability to identify problems and discrepancies, independently perform research and analysis of causes, and recommend corrective actions.
      • Superior Microsoft Office Suite proficiency, including an advanced knowledge of Excel and ability to create PowerPoint presentations.
      • Ability to critically analyze financial information and communicate assumptions effectively.
      • Ability to extract, organize and analyze large datasets and communicate into executive level summaries.
      • Experience with a Power BI tool a plus.
      • Experience with ERP system a plus.
      • Demonstrated experience with written and oral communication skills and ability to work with cross functional teams.
      • Effective project management skills.
      • Strong financial, analytical, and quantitative skills, and ability prioritize and meet deadlines.
      • Experience in Transportation a plus.
        SECURITY SENSITIVE POSITION. This position has been identified as a “Security Sensitive” position. GRTC will conduct annual background and credit checks on incumbents in this position. A position is “Security Sensitive” if it’s incumbent handles or is responsible for currency, or works in an area of GRTC that has been designated as a security-sensitive area.
        PHYSICAL DEMANDS. The physical demands described here are representative of those that must be met by an employee to successfully perform the functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Job Summary

JOB TYPE

Full Time

SALARY

$65k-80k (estimate)

POST DATE

02/26/2024

EXPIRATION DATE

04/01/2024

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The job skills required for Financial Analyst include Accounting, Budgeting, Microsoft Office, PowerPoint, CPA, Analytical Skills, 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.

12/07/2021: Baltimore, MD

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

03/03/2022: Omaha, NE

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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