Senior Financial Analyst - Government Jobs : Job Details

Senior Financial Analyst

Government Jobs

Job Location : Faribault,MN, USA

Posted on : 2025-08-18T07:33:29Z

Job Description :
Senior Financial Analyst

The objective of the Senior Financial Analyst position is to manage the highly technical and detailed accounting tasks related to the overall City, including the Economic Development Authority (EDA) and the Housing Redevelopment Authority (HRA). This professional-level role involves performing advanced general accounting duties and handling complex accounting functions. This position will be open until it is filled.

Examples of Duties

Key Duties and Responsibilities:

Financial Reporting and Analysis

  • Oversees the creation of various financial reports for external organizations.
  • Supports departments with their financial reporting requirements.

Budget Management

  • Assists the Finance Director in preparing the annual budget.
  • Thoroughly reviews departmental revenue and expenditures.
  • Develops budgets for funds/functions that are prepared by Finance.
  • Monitors the budget throughout the year and compares to actual.
  • Recommends budget amendments and provides budget assessments to departments.

Capital Improvement Plan

  • Evaluates projects submissions and updates from departments during the annual budget process, identifying revenue shortfalls.
  • Creates projects and contracts in the financial system to ensure comprehensive tracking of expenses and revenues.

Audit and Compliance

  • Supports the Finance Director in preparing of the Annual Comprehensive Finance Report.
  • Assists the Senior Accountant in audit preparation as needed.
  • Ensures compliance with federal, state, and local laws and regulations.

General Ledger and Reconciliation

  • Prepares general ledger journal entries for the Finance Director's review.
  • Reviews general ledger journal entries prepared by the Senior Accountant.
  • Reviews general ledger reconciliations.

Functional Areas

  • Accounts Payable
  • Special Assessments
  • EDA/HRA
  • Special Projects and Additional Duties
Typical Qualifications

Education and Experience: Required

  • Bachelor's degree in accounting, finance, or a closely related field.
  • Four (4) or more years of progressively responsible experience in a government finance department or as a governmental auditor.
  • Equivalent combination of education and experience may be accepted.

Desired:

  • Experience with municipal fund accounting.
  • Experience with governmental account principles and Annual Comprehensive Financial Reports.
  • Experience with Tax Increment Financing (TIF) District reporting.
  • Experience or knowledge of Public Housing Agency or HRA financial processes.
  • Experience with an ERP system.
  • Extensive knowledge of GAAP and GASB.

Licenses/Certificates: Valid state driver's license.

Knowledge, Skills, and Abilities:

  • Capable of working independently and prioritizing tasks effectively.
  • Skilled at performing detailed work accurately.
  • Effective and professional communication skills.
  • Strong communication skills, both verbal and in written.
  • Strong organizational abilities.
  • Proficient with Microsoft Office applications and spreadsheets.
  • Ability to analyze and interpret fiscal and accounting records.
  • Strong analytical, problem solving, and decision-making skills.
Supplemental Information

Working Conditions: The described work environment characteristics are indicative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work takes place in an indoor environment that is well-lit, ventilated, and heated, requiring standard precautions. However, some outdoor work may be required.

Tools and Equipment Used:

  • Personal computer
  • Word processing, spreadsheet, and database software
  • Financial program applications
  • Calculator
  • Phone
  • Copy machine
  • Scanner
  • Fax machine
  • Motor vehicle

Physical Demands: The physical demands outlined here are representative of those that must be met by an employee to successfully perform the essential functions of this position.

Reasonable accommodations may be made to enable an individual with disabilities to perform these essential functions.

While performing the duties of this job, the employee is frequently required to sit, talk, hear, or read; use hands to finger, handle, feel, or operate objects, tools, or controls; and reach with hands and arms. Hand-eye coordination is necessary to operate computers and various pieces of office equipment. The employee is required to walk, traverse stairs, and move about various types of environmental and geographic settings. The employee must be able to drive a car locally and for long distances. Lifting, pushing, pulling, or carrying objects up to twenty-five (25) pounds is sometimes required. Repetitive movements of the hands are sometimes required. Audio, visual, and verbal functions are essential functions to performing this position.

Additional Information: The duties listed above are intended to illustrate the various types of work that may be performed. The omission of specific duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. The City of Faribault does not discriminate on the basis of race, color, natural origin, sex, religion, age, or handicap status in the employment or the provision of services. The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and the requirements of the job change.

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