financial analyst

4 weeks ago

St Marys, Georgia, United States Government of the Virgin Islands Full time
Salary: $53,053.86 Annually

Location : St. Croix, VI

Job Type: Classified

Job Number:

Department: |Department of Education STX|

Opening Date: 03/08/2024

Description

This is top level supervisory accounting work, involving auditing of financial transactions and maintenance of accounts records. An employee in this class receives administrative supervision from the head of a department, agency or designee; supervisor allows employee to define own work assignments within broad guidelines. Participates in studies to improve the operational and financial effectiveness of the unit and extracts financial data from various accounting and information systems. Performs financial and cost accounting analysis of data. Utilizes knowledge of the Department of Education's financial accounting systems. Work is reviewed for conformity with established laws, rules and regulations also analysis of reports submitted.

Duties and ResponsibilitiesAssists in the analysis of financial data and extracts and defines relevant information; Interprets data for the purpose of determining past financial performance and/or to project a financial probability;Reviews cost and performs cost benefit analysis related to projects and/or programs;Performs statistical, cost, and financial analysis of data reported in the various financial systems;Develops financial reports for forecasting, trending, and results analysis;Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles;Interprets financial transactions and events for users who must make economic or business decisions;Applies a working knowledge of applicable laws and regulations; verifies documents for completeness and compliance with government and private agencies;Uses various software applications such as spreadsheets, relational databases, statistical packages and graphic packages to assemble, manipulate and/or format data and/or reports; Supervises and directs accountants in effective performance of their duties;Involved in the preparation of detailed auditing and financial reports and preparation of annual budgets;Performs other related duties;Minimum QualificationsBachelor's Degree in Finance, Accounting or a related field from a recognized college or university with two years of experience as a financial advisor or cost accountant;Semester credits in Accounting to include 15 credits in accounting/bookkeeping and six (6) years of progressive experience in government.Position FactorsKnowledge of the practices and principles of accounting and supervision;Knowledge of the provision of the accounting manual of the Government of the Virgin Islands as they relate to recording and reporting of fiscal transaction;Knowledge of Generally Accepted Accounting Principles, theories, practices and their application to a wide variety of transaction involved governmental accounting;Knowledge of spreadsheets, word processing software, computer applications related to the work, accounting software and willingness to learn and use accounting and financial reporting software;Knowledge of procedures, modern office practices, and basic office management, business language and arithmetic;Ability to prepare technical, financial and auditing reports and correspondence;Ability to express oneself clearly and concisely;Ability to express oneself orally and in writing;Ability to apply and adapt established methods in accounting transactions;Ability to communicate effectively, courteously, interpersonally and organizationally;Ability to perform detailed work involving written and numerical data, and to make arithmetical calculations rapidly and accurately;Ability to organize own work, setting priorities and meeting critical deadlinesAbility to supervise the work of a small group of employees.

The Government of the Virgin Islands aspires to provide the highest level of comprehensive benefits, services and programs to eligible employees, retirees, and their dependents which:Meet and anticipate their individual needs;Assure the GVI's competitiveness with other employers to attract and retain employees;Maximize cost effectiveness; and,Assure optimal health and productivity of employees.To achieve this goal, from time to time, the carrier for the GVI's insurance may change. Please contact the Group Health Insurance Office of the Division of Personnel in St. Thomas and St. Croix at for more information regarding carriers.

Medical and Dental Coverage
Enrollment
The Virgin Islands government offers to full-time employees and their eligible dependents, a group health and dental insurance plan.

Full-time employees must enroll within thirty-one (31) days of hire unless they can provide proof of medical coverage from another source. An employee who does not enroll within 31 days of employment will be automatically enrolled in the health insurance plan with single coverage.

If an employee fails to enroll dependents within the initial eligibility period he/she must wait until a period of "open enrollment" is announced or have a qualifying event as determined by the health insurance carrier to enroll dependents or make changes to their coverage.

Effective Date of Coverage
If enrollment forms are received on or before the 6th of the month, coverage will be effective on the first day of the first month following the receipt of enrollment forms. If enrollment forms received on the 7th of the month or later, coverage will be effective on the first day of the second month following the receipt of the enrollment forms.
Example:
Date Forms Received May 1st May 8th January 6th February 7th
Coverage Effective Date June 1st July 1st February 1st April 1st

Dependent Coverage
Dependents of eligible employees may participate in the Group Health and Dental Insurance Program according to the terms and conditions imposed by the Health Insurance Board of Trustees and/or the carrier. Eligible dependents are the employee's:
  1. Legal spouse;
  2. Natural children;
  3. Adopted children; and
  4. Step children.
    When a new dependent is acquired, you must enroll them within thirty-one (31) days after acquiring such dependent. When enrolling a dependent at any time, the following may be required:
    1. Birth certificate;
    2. Marriage certificate;
    3. Adoption papers; and/or
    4. Legal papers of appointment.Various other documents may be required to determine the eligibility of the dependents.

      Cost of Coverage
      The GVI contributes toward the cost of Health Insurance for each employee enrolled under the Group Health Insurance Program. The GVI reserves the right to change the amount of the employee contribution when necessary for financial or other reasons.

      Waiver or Discontinuation of Benef.

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