Financial Analyst IIJob ID:240196Location:DC - L'Enfant PlazaFull/Part Time:Full-TimePosting Open-Close05/13/2024-05/26/2024UnionNRPRegular/Temporary:RegularJob DescriptionGeneral Hybrid Work Statement:This opportunity is a hybrid opportunity allowing for flexibility between virtual and in-person work subject to the Authority’s telework policy.Minimum QualificationsEducation
Bachelor’s degree in Business Administration/Management, Finance, Economics, Public Policy, Mathematics, Statistics, Accounting, or related field
Experience
At least, one year of finance, accounting and/or financial data analysis experience
Certification/Licensure
N/A
Preferred
Microsoft Office applications: Word, Excel, PowerPoint, Financial database applications
PeopleSoft
Hyperion
Medical GroupSatisfactorily complete the medical examination for this position, if required. The incumbent must be able to perform the essential functions of this position either with or without reasonable accommodations.Job SummaryThe Financial Analyst II is a support position responsible for development and production of financial analysis reports, budget documents, and ensures transactions, systems and procedures comply with regulations, accounting principles and standards. Applies in depth knowledge typically obtained through education along with internal experience to explain findings. Prepares worksheets used to gather and track budget data. Performs calculations in support of budget development. Analyzes and provides technical assistance in preparing budgets and analysis.ESSENTIAL FUNCTIONS
Participates in the preparation and justification of the Authority’s budget
Maintains continuing contact with cross functional stake holders across the Authority to assess impact of budgetary and financing issues
Monitors real time performance against budget, identifying and analyzing variations Evaluates budgets, analyzing revenues and expense
Performs financial forecasting (https://corporatefinanceinstitute.com/resources/knowledge/modeling/projecting-income-statement-line-items/) , reporting, and operational metrics tracking
Reviews and analyzes trends and forecasts to recommend actions for optimization
Analyzes financial data and provides assistance in creating financial models (https://corporatefinanceinstitute.com/resources/templates/financial-modeling/types-of-financial-models/) for decision support
Reports on financial performance and prepares for regular leadership reviews
Analyzes past results, performs variance analysis, identifies trends, and makes recommendations for improvements
Works closely with the accounting team to ensure accurate financial reporting
Performs research and analyzes financial data to recommend quality improvement to current processes
Develops adhoc and special reports summarizing project status/results, presentations to functional management and provides recommendations impacting business decisions
The essential duties listed are not intended to limit specific duties and responsibilities of any particular position. Nor is it intended to limit in any way the right of managers and supervisors to assign, direct and control the work of employees under their supervision.Evaluation CriteriaConsideration will be given to applicants whose resumes demonstrate the required education and experience. Applicants should include all relevant education and work experience.Evaluation criteria may include one or more of the following:
Skills and/or behavioral assessment
Personal interview
Verification of education and experience (including certifications and licenses)
Criminal Background Check (a criminal conviction is not an automatic bar to employment)
Medical examination including a drug and alcohol screening (for safety sensitive positions)
Review of a current motor vehicle report
ClosingWMATA is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable federal law.This posting is an announcement of a vacant position under recruitment. It is not intended to replace the official job description. Job descriptions are available upon confirmation of an interview.