City of Detroit
Financial Analyst Manager IV -Agency Chief Financial Officer
City of Detroit, Lansing, Michigan, United States,
Salary
$117,794.00 - $154,492.00 Annually
Location
Michigan, MI
Job Type
Certified-Regular Civil Service
Job Number
20240213205124OCFOJS
Department
Off Chf Financial Officer
Division
ODFS - Public Safety - Fi
Opening Date
10/29/2024
Closing Date
11/12/2024 11:59 PM Eastern
Bargaining Unit
9000-Non Union Salary Regular Service General
Description
Be a Part of the City You Love!
The Office of the Chief Financial Officer - Office of Departmental Financial Services division is accepting applications for a Financial Analyst Manager IV - Agency Chief Financial Officer position.
Job Summary
The incumbent of this position is a Financial Analyst Manager in the Office of the Chief Financial Officer (OCFO) of the City of Detroit. The Financial Analyst Manager IV will be assigned to lead and manage the financial operations of applicable division(s) within the Office of Departmental Financial Services (ODFS). The Financial Analyst Manager IV will be assigned to lead and manage Financial Analyst Manager IIIs, Supervisory Financial Analysts, and Financial Analyst professionals and paraprofessionals. Financial Analyst Manager IVs perform functions within various locations of the Office of the Chief Financial Officer.
The Financial Analyst Manager IV (Agency CFO) has primary responsibility for applicable divisions planning, implementing, managing and controlling all financial operations. The incumbent is responsible for preparing financial statements, budgets, and forecasting reports. Managing accounting processes and the general ledger. Coordinating and leading the annual audit process. Managing the annual budget process, monitoring and analyzing variances. Identifying trends, efficiencies, and areas for cost reduction. Communicating regularly with the Deputy Chief Financial Officer (CFO) and other senior management.
Examples of Duties
Using ERP Cloud applications supervises/manages the following activities:
Strategic planning, financial and operational analysis, budget preparation and analysis, and other critical analysis
Financial evaluation of agencies and departments
Strategic financial modeling, annual target setting, and annual business planning process for City Agencies to assess financial implications and support complex business decisions
Using Process Management to manage the financial review cycle
Development, implementation, and monitoring of financial and operational policies, guidelines, processes, procedures, internal controls, and performance measures
Partnerships with City Agencies to develop and monitor multi-year operating and capital plans, reserve forecasts, and long range financial strategies
Oversees:
Creation of Financial Reports and Analyses
Compliance of financial and operational performance measures
Using ERP Cloud Technology and through appropriate application modules:
Prepares detailed financial forecasts and models, cost projections, and recommendations based on actual results
Analyzes accounting records and other data to determine the financial resources required to implement a program
Analyzes prior year expenditures, grant balances, and fund sources
Establishes and uses performance measures to improve the quality, effectiveness, and efficiency of City services while minimizing the cost of program delivery
Assesses overall performance of City operations
Reviews cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods
Evaluates monthly financial and operational performance against plan, prior year, and forecast
Generates various ah-hoc financial and operational reports
Performs inquiries and run reports
Enters, manipulates, and analyzes financial data
Calculates and consolidates financial data
Makes investment decisions by analyzing financial information and forecasts related to City, industry, or economic conditions
Reviews plans of action for investment prepared by subordinates; Approves or denies requests for investments using financial analyses
Drives functional enhancements to planning and forecasting processes and activities and ensures best practices are used by subordinates, agencies, and other departments
Provides managerial consultation and assistance to subordinates in preparing budgets, grants, proposals and contracts; Interprets, applies, and enforces budget and financial guidelines
Identifies and advises on budget overruns, revenue shortfalls and other financial problems for large departments; Recommends options and solutions and works with management to resolve problems
Consults with other managers to ensure that budget adjustments are made in accordance with program changes
Performs special projects and other duties as assigned
Minimum Qualifications
Education
Bachelor's Degree from an accredited college or university with major course work in accounting
Licenses/certifications in Oracle systems, accounting, and/or project management are preferred, but not required. Experience with a cloud-based financial management system and/or ERP implementation/managed services is preferred, but not required.
Experience
Minimum of five (5) years of total experience is required: Three (3) years in accounting and two (2) years in a supervisory capacity over accounting teams.
Preferred Experience
High proficiency of Microsoft Excel and able to process large quantities of data using spreadsheets with formulas. Should be proficient in relevant accounting standards and requirements, such as GAAP, GASB financial reporting regulations. They should also have strong technical accounting, analytical, organizational, and problem-solving skills, as well as excellent communication and interpersonal skills.
EquivalencyEquivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis.
Supplemental Information
Evaluation Plan
Interview: 70%
Evaluation of Training, Experience & Personal Qualifications: 30%
Total of Interview and Evaluation T.E.P: 100%
Additional points may be awarded for:
Veteran Points: 0 – 15 points
Detroit Residency Credit: 15 points
#J-18808-Ljbffr
$117,794.00 - $154,492.00 Annually
Location
Michigan, MI
Job Type
Certified-Regular Civil Service
Job Number
20240213205124OCFOJS
Department
Off Chf Financial Officer
Division
ODFS - Public Safety - Fi
Opening Date
10/29/2024
Closing Date
11/12/2024 11:59 PM Eastern
Bargaining Unit
9000-Non Union Salary Regular Service General
Description
Be a Part of the City You Love!
The Office of the Chief Financial Officer - Office of Departmental Financial Services division is accepting applications for a Financial Analyst Manager IV - Agency Chief Financial Officer position.
Job Summary
The incumbent of this position is a Financial Analyst Manager in the Office of the Chief Financial Officer (OCFO) of the City of Detroit. The Financial Analyst Manager IV will be assigned to lead and manage the financial operations of applicable division(s) within the Office of Departmental Financial Services (ODFS). The Financial Analyst Manager IV will be assigned to lead and manage Financial Analyst Manager IIIs, Supervisory Financial Analysts, and Financial Analyst professionals and paraprofessionals. Financial Analyst Manager IVs perform functions within various locations of the Office of the Chief Financial Officer.
The Financial Analyst Manager IV (Agency CFO) has primary responsibility for applicable divisions planning, implementing, managing and controlling all financial operations. The incumbent is responsible for preparing financial statements, budgets, and forecasting reports. Managing accounting processes and the general ledger. Coordinating and leading the annual audit process. Managing the annual budget process, monitoring and analyzing variances. Identifying trends, efficiencies, and areas for cost reduction. Communicating regularly with the Deputy Chief Financial Officer (CFO) and other senior management.
Examples of Duties
Using ERP Cloud applications supervises/manages the following activities:
Strategic planning, financial and operational analysis, budget preparation and analysis, and other critical analysis
Financial evaluation of agencies and departments
Strategic financial modeling, annual target setting, and annual business planning process for City Agencies to assess financial implications and support complex business decisions
Using Process Management to manage the financial review cycle
Development, implementation, and monitoring of financial and operational policies, guidelines, processes, procedures, internal controls, and performance measures
Partnerships with City Agencies to develop and monitor multi-year operating and capital plans, reserve forecasts, and long range financial strategies
Oversees:
Creation of Financial Reports and Analyses
Compliance of financial and operational performance measures
Using ERP Cloud Technology and through appropriate application modules:
Prepares detailed financial forecasts and models, cost projections, and recommendations based on actual results
Analyzes accounting records and other data to determine the financial resources required to implement a program
Analyzes prior year expenditures, grant balances, and fund sources
Establishes and uses performance measures to improve the quality, effectiveness, and efficiency of City services while minimizing the cost of program delivery
Assesses overall performance of City operations
Reviews cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods
Evaluates monthly financial and operational performance against plan, prior year, and forecast
Generates various ah-hoc financial and operational reports
Performs inquiries and run reports
Enters, manipulates, and analyzes financial data
Calculates and consolidates financial data
Makes investment decisions by analyzing financial information and forecasts related to City, industry, or economic conditions
Reviews plans of action for investment prepared by subordinates; Approves or denies requests for investments using financial analyses
Drives functional enhancements to planning and forecasting processes and activities and ensures best practices are used by subordinates, agencies, and other departments
Provides managerial consultation and assistance to subordinates in preparing budgets, grants, proposals and contracts; Interprets, applies, and enforces budget and financial guidelines
Identifies and advises on budget overruns, revenue shortfalls and other financial problems for large departments; Recommends options and solutions and works with management to resolve problems
Consults with other managers to ensure that budget adjustments are made in accordance with program changes
Performs special projects and other duties as assigned
Minimum Qualifications
Education
Bachelor's Degree from an accredited college or university with major course work in accounting
Licenses/certifications in Oracle systems, accounting, and/or project management are preferred, but not required. Experience with a cloud-based financial management system and/or ERP implementation/managed services is preferred, but not required.
Experience
Minimum of five (5) years of total experience is required: Three (3) years in accounting and two (2) years in a supervisory capacity over accounting teams.
Preferred Experience
High proficiency of Microsoft Excel and able to process large quantities of data using spreadsheets with formulas. Should be proficient in relevant accounting standards and requirements, such as GAAP, GASB financial reporting regulations. They should also have strong technical accounting, analytical, organizational, and problem-solving skills, as well as excellent communication and interpersonal skills.
EquivalencyEquivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis.
Supplemental Information
Evaluation Plan
Interview: 70%
Evaluation of Training, Experience & Personal Qualifications: 30%
Total of Interview and Evaluation T.E.P: 100%
Additional points may be awarded for:
Veteran Points: 0 – 15 points
Detroit Residency Credit: 15 points
#J-18808-Ljbffr