Senior Financial Analyst

3 weeks ago

New York, New York, United States Suffolk County, NY Full time
Cash Flow Management Role

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.
Benefits for You:
  • 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.
Why Work for Suffolk County?
  • 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.
Requirements:
  • 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.
Additional Information:
  • 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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