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Austin, Texas, United States
Hybrid
About This Position
Austin Housing is seeking a Financial Analyst IV to join the Asset Management, Compliance, and Monitoring Division. This division oversees the financial and operational performance of a diverse portfolio of affordable multi family housing to achieve strategic goals, anticipate challenges, and identify opportunities for improvement. The ideal candidate will bring extensive experience in financial analysis, real estate operations, contract review, risk assessment, budgeting, third party reporting, site evaluations, and operational assessments, with a strong foundation in real estate development and portfolio performance oversight.
Financial Analyst IV
Purpose:
Develop and prepare long range financial forecasts, revenue estimates, rate recommendations, expenditure trends, economic forecasts, computer financial models and other complex financial and statistical analysis.
Duties, Functions and Responsibilities:
Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
Develops and prepares reports, analyses, and models used in revenue and economic forecasts and budgets.
Develops and completes cost of service rate and structure recommendations, rate studies, and methodology analysis to comply with State regulatory requirements using multiple variables.
Primarily responsible for developing the operating or CIP budget for the department. Performs budget analysis by implementing the organization's budget process system, providing guidance and recommendations to management in the development and completion of their budgets; finalizing the organizations budget; and monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances; reviewing budget forecasts; and reviewing current and historical budget information and data.
Prepares complex financial analysis, periodic and ad-hoc reports by researching, financial benchmark reporting, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems.
Develops and prepares reports, analyses, and models to analyze debt issuances, bond issuance timing, Official Statement updates, calculate debt service requirements, equity financing ratios, cash reserve requirements, revenue bond debt refunding, rating agency presentations and other debt related requirements. Performs debt administration, impact analysis and monitors debt service schedules.
Provides financial support and monitors CIP projects. Processes and tracks task orders and other project requirements in eCAPRIS and other financial systems.
Develop and maintain complex databases to conduct comprehensive financial and technical analysis, and develop models and reports in Business Intelligence system to support and monitor performance and financial benchmarks.
Develop complex reports and documentation in compliance with local, State and Federal regulatory requirements. Conduct cost analysis, financial and performance benchmarking with other entities and assist in development of expert testimony.
Assists departments and other customers by providing procedural and financial information and guidance with financial systems.
Researches and provides information requested by City Council, City management, boards and commissions, vendors, the public, regulatory agencies and other City offices.
Monitors state and federal regulatory processes and provides guidance to the department regarding the financial impact of new and/or proposed legislation, regulations and standards.
Responsibilities - Supervisor and/or Leadership Exercised:
May be responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal
Knowledge, Skills, and Abilities:
Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
Knowledge of the processes and theories used for public budgetary and financial policies.
Knowledge of accounting practices and concepts.
Knowledge of utility ratemaking and cost of service study methodology.
Knowledge of debt instruments, cash management and utility financing methods.
Knowledge of forecasting models; econometric studies, analysis and forecasting; and estimating methods and techniques.
Knowledge of cost benefit analysis, feasibility studies and net present value analysis methods.
Knowledge of enterprise budgeting, financial planning or accounting.
Knowledge of research methods, survey techniques, statistical concepts and report writing.
Ability to complete detailed financial and economic analyses.
Ability to lead and/or facilitate meetings and workshops.
Ability to work independently.
Skill in generating and analyzing financial and statistical reports.
Skill in communicating effectively, orally and in writing.
Skill in using computers and related software applications.
Skill in performing quantitative analysis.
Minimum Qualifications:
Graduation with a Bachelor?s degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics plus five (5) years’ experience in a related field.
A Master’s degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field may be substituted for 2 years’ experience.
A five (5) year accounting (MAcy) degree or CPA designation may be substituted for 1 years’ experience.
Licenses and Certifications Required:
None.
Preferred Qualifications:
Experience in real estate development, brokerage or underwriting.
Knowledge of real estate law and contract negotiation and review.
Experience building and testing financial models assessing risks and making recommendations.
Intermediate to advanced proficiency in Microsoft Excel for modeling, analyzing and presenting financial data.
Ability to read and analyze financial documents.
Ability to coordinate with internal teams, City departments, property managers, regulators, resident advocacy groups and residents to gather information and support asset performance reviews.
Organizational skills with ability to prioritize tasks in an environment with frequent interruptions and changes in priorities.
Pay Range: Entry: $80,490 to Mid-Range $94,962 (annual)
Opportunity: This Division is also hiring a Financial Analyst III under a concurrent job posting. Applicants interested in both positions must apply to each one separately.
Schedule: Monday - Friday (8:00AM - 5:00PM) - Telework opportunities may be available after an initial training period.
Location: 1000 E 11th Street, Austin Texas 78702
Employment Application:
The City of Austin employment application is an official document; incomplete applications will not be considered.
The Employment Record should be complete with job titles, employment dates, job duties, functions, and responsibilities for each position held.
Starting salary will be based on overall relevant experience from your application.
Responses to supplemental questions regarding experience should also be clearly documented in the ‘Experience’ section of the main application.
Please be sure to detail on the application all current and previous employment that you wish to be considered as part of your qualifications.
While a résumés and cover letter is required, statements such as “see résumé” will not be accepted on the application. You may use “N/A” for fields that are not applicable.
Please note that Austin Housing may close the job posting at any time after 7 days from the date of the initial advertisement. Once the job posting has closed, applications cannot be changed.
To ensure a thorough evaluation of your qualifications, please answer all applicable questions in the questionnaire section completely. Incomplete, brief, or one-line responses may not provide enough detail and could impact your eligibility to move forward in the selection process.
Current City of Austin employees must submit their application through ‘Job Hubs’ in Workday to be considered.
If you are selected as a top candidate:
Verification of your education (which may include high school graduation or GED, undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution
This position will require a criminal background investigation.
Assessments:
Your skill level in some of the competency areas for this job may be assessed through skills testing.
Candidates selected for interview(s) may be required to complete an assessment(s) approved by Municipal Civil Service process, Rule 4.
Travel: If you are selected for this position, and meet the Driver Safety Standards in the City of Austin Driver Safety Standards you may drive when necessary to multiple locations as part of your regular job duties. Otherwise, you are responsible for getting to and from these locations.
Fair Labor Standards Act:
This position is considered FLSA Exempt. Exempt employees are salaried and, except as provided, are not eligible for overtime compensation.
Important Note to Applicants:
Please be aware that the Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before the date listed. All application steps, including attachments and submission, must be fully completed before that time.
We also recommend that you save or print a copy of the job posting for your records.
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Make a Difference: Join a team driving meaningful change in one of the fastest-growing cities in the nation.
Value and Innovation: Work in an environment where employees are valued, and innovation thrives.
Competitive Benefits: Enjoy a comprehensive compensation package that includes generous leave, work-life balance programs, and extensive benefits.
Retirement Security: Plan for the future with the City of Austin Employees' Retirement System.
Sustainable Transportation Options: Commute easily with access to public transit and bike-friendly infrastructure.
Focus on Wellness: Stay healthy through wellness programs, on-site fitness centers, and mental health support.
Career Growth: Advance your skills and expertise with professional development and leadership opportunities.
Modern Workspaces: Work in innovative and sustainable environments that foster collaboration and inspiration.
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EEO Statement for City of Austin:
The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS, AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.
City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.
