Financial Analyst Manager IV -Agency Chief Financial Officer

JOBBe 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 SummaryThe 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 lead and manage Financial Analyst Manager IIIs, Supervisory Financial Analysts, and Financial Analyst professionals and paraprofessionals. 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, and communicating regularly with the Deputy Chief Financial Officer (CFO) and other senior management.Example of DutiesUsing 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 the creation of financial reports and analyses and 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 ad-hoc financial and operational reports.Performs inquiries and runs 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.Supplemental InformationEvaluation 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. LRD: 11/08/2023.

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