Senior Financial Analyst

1 week ago


Atlanta, Georgia, United States Metropolitan Atlanta Rapid Transit Authority Full time

Job Overview

*THIS POSITION WILL BE OPEN UNTIL A SUFFICIENT POOL OF CANDIDATES IS IDENTIFIED

POSITION SUMMARY

The individual will work closely with the management team to formulate the long-term capital strategy for the Authority. This role involves coordinating various components of both operating and capital budgets. The analyst will conduct lifecycle assessments and other financial evaluations related to specific capital initiatives. Additionally, this position supports the creation, implementation, and upkeep of financial forecasting models.

Engagement with senior personnel on issues concerning MARTA's debt framework, commercial paper initiatives, sales tax bond issuances, and other financing options is essential. The analyst will also provide insights into the Authority's fuel procurement and hedging methodologies. Responsibilities include cash management tasks such as daily cash position assessments and long-term cash flow projections. The role requires conducting technical evaluations and generating reports, presentations, and briefings for executive leadership. Special studies may be prepared, and participation in Technical Evaluation Teams (TETs) for significant contracts is expected. Representation of management in meetings with both internal and external stakeholders may also be required.



KEY RESPONSIBILITIES

  • Collaborate with management to develop the annual capital budget and the approved ten-year capital strategy, prioritizing projects and initiatives for the Authority. Work alongside the finance team to identify funding strategies, including debt issuance methods and sizing.
  • Conduct lifecycle cost assessments and other financial analyses for individual capital projects. Prepare presentations and support management in generating reports for senior leadership and the Board of Directors. Compile the annual capital budget documentation.
  • Oversee the operation and maintenance of financial forecasting models that support both operating and capital programs, which are also utilized for evaluating future projects related to bus, rail, facilities, maintenance, and expansion.
  • Assist in the preparation of the annual Capital Improvement Plan (CIP) and ten-year forecasts, mid-year budget updates, and ongoing budget analysis, while monitoring and reporting on project budgets and timelines to various stakeholders.
  • Administer MARTA's commercial paper program, coordinating with remarketers to set maturities, interest rate thresholds, and program strategies. Collaborate with the Senior Financial Analyst to assess impacts on debt service funds.
  • Analyze, monitor, and report on financial matters such as debt management, cost containment, lease/purchase evaluations, and fuel hedging strategies. Work with financial advisors to evaluate proposals from investment bankers and make recommendations to management.
  • Collaborate with the Cash Management team to oversee the Authority's daily cash position, manage cash balances, and short-term investments in compliance with applicable regulations and guidelines.
  • Engage in special studies with diverse scopes, including the development of Requests for Proposals (RFPs) for financial derivative transactions and the management of the RFP process.
  • Participate on behalf of management in Technical Evaluation Teams (TETs) for major contracts.
  • Perform additional related duties as assigned.

NOTE:

Inappropriate decisions or unsatisfactory performance in these responsibilities may result in significant financial repercussions for the Authority.


SAFETY RESPONSIBILITIES

Adhere to established work practices and standard operating procedures for this role. Utilize and/or wear the required equipment and protective devices as mandated.

Report any health and safety concerns related to job duties to supervisors and escalate unresolved issues to the Joint Health and Safety Committee.


QUALIFICATIONS

To be successful in this role, the individual must effectively perform each essential duty. The qualifications listed below represent the knowledge, skills, and abilities required. Reasonable accommodations may be made for individuals with disabilities.

EDUCATION and EXPERIENCE

A Bachelor's degree in finance or a related field is required, along with three years of relevant experience. Demonstrated expertise in finance, analytical techniques, forecasting, and modeling is essential.

Proficiency in developing technical forecasts and financial models, along with a comprehensive understanding of MARTA's financial operations, is necessary. A Master's degree is preferred. Relevant experience may be considered in lieu of a degree.



LANGUAGE SKILLS

Ability to read, analyze, and interpret business publications, professional journals, technical procedures, or governmental regulations. Proficient in writing reports, business correspondence, and procedural manuals. Capable of effectively presenting information and responding to inquiries from groups of managers, clients, and the general public.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Proficient in applying basic algebra and geometry concepts.

Ability to work with mathematical concepts such as probability and statistical inference.



REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions.

Capable of interpreting a variety of technical instructions in mathematical or diagram form and managing several abstract and concrete variables.


COMPUTER SKILLS

This position requires advanced computer skills for development, modeling, analysis, and daily office tasks. Specialized skills include the development and maintenance of financial models. Familiarity with Oracle Grants, Projects, Power BI, Hyperion, Discoverer, and Financials is preferred. Proficiency in Microsoft Office applications, particularly Excel, is essential.

OTHER SKILLS AND ABILITIES

Extensive planning skills are required to:

  • Assist in setting schedules within the Office of Program and Contract Management.
  • Collaborate with operations to develop and update the Bus Fleet Management Plan.
  • Provide financial analysis on proposed MARTA expansion initiatives.

OTHER QUALIFICATIONS

Must be capable of making administrative, contractual, project, and budget decisions and recommendations.

Primary decisions involve project teams where the incumbent provides significant input on recommendations to senior management.

Must be able to lead due diligence for transactions, requiring coordination with multiple departments.

Recommendations made by the analyst often serve as the basis for decisions made by senior leadership.


PHYSICAL DEMANDS


The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this role.

While performing job duties, the employee is regularly required to stand, walk, sit, use hands to manipulate, reach with hands and arms, and communicate verbally.


WORK ENVIRONMENT


The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this role.

Work is typically conducted in a standard office setting.

AMERICANS WITH DISABILITIES ACT


If you are a qualified individual with a disability, you have the right to request reasonable accommodations to assist you in fulfilling your job responsibilities.


MARTA is an Equal Opportunity Employer and does not discriminate against any employee or applicant based on race, color, sex, age, national origin, religion, sexual orientation, gender identity, veteran status, or disability.



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