Senior Financial Analyst

Summary

AC Transit is seeking a qualified Senior Financial Analyst. Under direction of a department manager or Principal Financial Analyst, using considerable journey-level professional level financial analytical skills including the supervision of lower level staff, this position, performs difficult to complex professional level work in a variety of areas such as budget, finance, payroll, and treasury; makes recommendations on the basis of completed studies and analyses; and performs other related duties as required.

This is an excellent opportunity to work for the largest bus agency in California, make a difference in our local community, and promote AC Transit as a great employer of the East Bay. In addition to working with some of the best in the business, AC Transit also has an excellent benefits package that includes pension, medical, dental and vision coverage, flexible spending, and 457 savings plan.

Representative Functions

• Compares and contrasts reported information against the general ledger;
• audits, analyzes, reconciles accounts related to area of assignment;
• implements necessary adjustments and/or corrections;
• reviews revenue, expenditure and balance sheet accounts;
• investigates discrepancies;
• advises appropriate individual of entry errors;
• ensures payroll entries balance to general ledger;
• reviews inventory accounts;
• prepares monthly financial statements related to area of assignment;
• develops projections for future spending;
• assists in preparing written summaries of technical analyses including memos to the General Manager and Board of Directors;
• analyzes general ledger and profit and loss;
• maintains indexes for general ledger and computer accounting record systems;
• resolves problems with reports;
• prepares monthly closing schedules;
• recommends appropriate corrections;
• compiles, analyzes and reports financial data from month-end financial reports;
• audits payroll tax deposits;
• prepares quarterly and annual payroll tax returns, miscellaneous fuel and fuel related tax returns, corresponding journal entries and sales tax returns;
• prepares and monitors department budgets;
• prepares cost estimates for budget recommendations;
• submits justifications for costs;
• prepares comprehensive and complex analytical reports;
• maintains files and records;
• develops financial forecasts and trend analyses;
• develops computerized cost allocation models to identify cost of District bus routes and evaluate financial impacts and designs staffing financial planning models;
• analyzes and verifies monthly financial reports related to area of assignment;
• ensures accurate general ledger reporting and data entry of manually generated journal entries;
• maintains filing systems for reference materials;
• monitors accurate filing of ledgers;
• maintains contact with District personnel as well as Federal, State, and local transit officials;
• builds and maintains positive working relationships with co-workers, other District employees and the public using principles of good customer service;
• analyzes budgetary, financial, and statistical data and make recommendations on the basis of conclusions derived from such analyses;
• examines supporting documents/records to establish proper authorization with agreements, contracts, grants, and state and federal regulations;
• communicates effectively both orally and in writing;
• prepares computerized reports and spreadsheets;
• supervises assigned lower level clerical employees;
• provides functional direction to lower level financial analysts.
  
  

Minimum Qualifications

Education/Training:Equivalent to a Bachelor's degree from an accredited college or university with major course work in accounting, finance, economics, business administration, or a related field.

Experience: Three years progressively responsible professional experience in accounting, finance, budgeting, including three years experience in the development and use of financial or budgeting systems and reports, financial analysis, and other aspects of accounting.

Additional Information

THIS POSITION IS A UNION POSITION, REPRESENTED BY AFSCME

The Selection Process: The Human Resources department must receive a completed online application by the filling date. If this recruitment is "Continuous," it may be closed at any time without notice. Applications will be screened for job related qualifications, and those candidates who best meeting the qualifications listed on this Job Announcement will be invited to participate in an examination process that may include written, oral and/or performance segments. Current District employees must have satisfactory attendance and performance records. Finalists will be placed on an Eligibility List. When filling vacancies, the Human Resources Department will refer the top candidates to the hiring department for final screening and recommendation.

Benefits: The transit professionals who call AC Transit home represent the rich cultural diversity of the Bay Area. For more than 60 years, we have been an equal opportunity employer honoring religion, ethnic background, national origin, gender, gender expression, genetic information, disabilities, age, and veteran status. We are not only an inclusive employer but also offer a comprehensive benefits package rooted in choice, flexibility, and affordability. Most Benefits are effective the first of the month following your hire date. Employees and eligible dependents have access to the following benefits*:

• Medical - Choice of two Health Maintenance Organizations (HMOs): Kaiser Permanente and Health Net. $10.00 office visit co-pays; $5.00 - $35.00 prescription co-pays.
• Dental – MetLife Preferred Provider Organization (PPO) $50 annual deductible per person/$150 per family; $3,000 per person annual maximum; preventative care covered at 100%; basic and major care covered at 90%; $4,000 lifetime maximum orthodontia covered at 50%.
• Vision - Vision Service Plan - $10.00 copay; eligible for an exam, lenses, frames or contact lenses every 12 months – based on the last date of service. $200 frame allowance or $120 allowance for contact lenses.
• Employer paid Basic Life Insurance
• Employee paid Voluntary Term Life Insurance
• Employee Assistance Program (EAP)
• Flexible Spending Accounts (FSA) for Health Care, Dependent Care, Parking, Transit
• AC Transit contributes up to $50.00/month towards an employee’s FSA Transit costs
• Free AC Transit Bus Pass
• Federal Credit Union
• Vacation and Sick Leave or Personal Time Off
• Ten (10) paid holidays; 2 paid floating holidays; 1 paid birthday holiday
• Tuition Reimbursement – up to $2500 per fiscal year on approved courses
• Wellness Program
  
  

*AC Transit benefits are negotiated and subject to change based on collective bargaining agreements.

Pension: All AC Transit employees participate in a lifetime defined benefit pension. All employees hired on or after January 1, 2020, may be in the District's Tier II pension plan covered by the Public Employees' Pension Reform Act of 2013 (PEPRA). As such, he/she may be required to contribute a small portion of annual income towards the cost of his/hers District pension.

ADA Compliant and Drug Free Workplace: The Human Resources Department will make reasonable efforts in the recruitment/examination process to accommodate applicants with disabilities. If you have a need for an accommodation, please call Human Resources at (510) 891-4783.

The Alameda Contra Costa Transit District has established the goal of a 100 percent drug and alcohol-free workplace. Applicants will be required to undergo drug and alcohol testing prior to employment and those in safety sensitive positions will be subject to further drug and alcohol testing through their period of employment, including random drug and alcohol testing.

In accordance with federal requirements, all job applicants selected for appointments in a safety sensitive position are subject to pre-employment drug and alcohol testing. A final job applicant will be tested for five prohibited drugs: Cocaine, PCP, Amphetamines, Marijuana and Opiates. During employment, employees holding safety sensitive positions are subject to random, reasonable suspicion, post-accident, return-to-duty, and follow-up drug and alcohol testing. Additionally, in the event of an absence of more than 90 days from a safety sensitive position, pre-employment drug testing will be performed. Equal Opportunity Employer