Senior Financial Analyst
2 weeks ago
This position is responsible for performing cash flow analyses of revenue and expenditures for all funds and/or departmental revenues and expenditures. The incumbent works with considerable independence and must utilize accounting skills in the performance of duties. Supervision may be exercised over a professional or support staff; and work is reviewed through reports and conferences with a professional or administrative supervisor.
Key Responsibilities:
- Maintains daily control of revenue and expenditures for all funds and directs deposits to appropriate bank accounts;
- Analyzes the cash position of each fund for availability of cash to cover expenditure before release of checks; projects when vouchers in process will be complete; determines amount of cash available for short-term investment;
- Determines monetary needs to meet debt service payments and other bills; schedules inter-fund transfers and due dates for debt service payments and maturity dates for appropriate investments;
- Prepares a cash flow report and advises administration of cash available for investment;
- Directs the preparation of reimbursements for state and federal aid revenues;
- Verifies expenditures for departmental accounts;
- Assists in the preparation of the departmental budget;
- Interprets financial data for an administrative supervisor.
- Health Insurance: Suffolk County offers a comprehensive health insurance plan, including medical, dental, and vision coverage;
- Pension;
- Paid Time Off: Vacation (2 weeks to start) is accrued based on length of service; sick leave allows employees to take time off for illness without sacrificing pay; personal days can be used for a variety of reasons; and thirteen (13) paid holidays.
- Regular working hours reduce the need for overtime or irregular shifts, allowing for a good work-life balance;
- Competitive benefits and job security make Suffolk County an attractive option for many job seekers.
- Graduation from a college with federally authorized accreditation or registration by NY State with a Bachelor's Degree in Business Administration, Finance, Accounting, or a related field;
- Three (3) years of experience in financial planning, analysis of financial statements, cash flow analysis and/or credit analysis, at least one (1) year of which must have been in municipal cash flow analysis.
- A Master's Degree from a college with federally authorized accreditation or registration by NY State in Business Administration, Finance, Accounting, or a related field will be substituted for two (2) years of the above non-municipal cash flow experience;
- This role is a provisional appointment, which occurs only in the competitive class, and requires the employee to take the next examination for the position in question to become permanent.
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