Description
SALARY RANGE:- Current: $99,576 - $133,440 annually ($8,298 - $11,120 per month)
- July 2024: $102,576 - $137,448 annually ($8,548 - $11,454 per month)
THE DESCRIPTION:Under supervision, performs a variety of professional-level financial analysis in support of the City's financial management operations; prepares a diverse range of financial reports; reconciles complex financial transactions; and performs related work as required.
CLASS CHARACTERISTICS: This journey-level classification is responsible for performing the full range of professional duties in support of the City's financial management operations, working independently, and exercising judgment and initiative. Positions at this level receive only occasional instruction or assistance as new or unusual situations arise and are fully aware of the operating procedures and policies of the work unit.
APPLICATION AND SELECTION PROCESS: Applications must be completed and submitted online. This recruitment will remain open until filled and may close without prior notice, therefore prompt application is encouraged.
First application review date is November 2, 2023. Applications must be completed and
submitted on-line by the specified deadline . Candidates are requested to provide specific information regarding their education and experience as it relates to the position by completing all fields of the application.
Applications may be rejected if incomplete . Do not include
"see attached resume" in your responses, as they will not be accepted or reviewed in the application process.
Based upon the information presented on the application, a limited number of candidates who possess qualifications most pertinent to the position will be invited to participate in the selection process. The selection process may include, but is not limited to the following components: application review and evaluation, written examination or exercise, physical examination, practical exercise and interview evaluation. Please notify the Human Resources Division 72 hours in advance of the test date if you have a disability which requires accommodation for the testing process. The eligibility list will be in effect for one (1) year, unless exhausted sooner. The eligibility list established from this recruitment may be utilized to fill lower-level vacancies which occur during the life of the list.
It is recommended you use a personal email address on your application instead of a work email address. Notifications during this recruitment will be sent by email only (regardless of the notification preference selected during the on-line application process). Notifications will be sent to the email address that is listed on your online application.
All employment offers made by the City are contingent upon establishing proof of a prospective candidate's legal authorization to work in the United States and successfully passing all components of the pre-employment process which may include, but is not limited to: comprehensive background check, criminal history check (livescan fingerprint check), polygraph examination, post-offer psychological evaluation and post-offer medical evaluation (may include drug screen). Based upon current and/or future assignments, an employee may be subject to pre-employment, random, reasonable and post-accident drug and alcohol testing pursuant to the Department of Transportation Regulations.
Note: The provisions of this job bulletin do not constitute an expressed or implied contract. Any provisions contained within may be modified or revoked without notice.
Essential Functions
These functions may not be present in all positions in this class. When a position is to be filled, the essential functions will be noted in the announcement of position availability. Management reserves the right to add, modify, change or rescind work assignments as needed.
Performs professional tasks in support of the City's financial management operations; prepares a variety of analyses such as revenue and expenditures, variances, personnel costs, and related fiscal documents.
Prepares and/or assists in the preparation of, a diverse range of financial reports, including expenditure/revenue budget to actual comparison, monthly fiscal reports, the City's Annual Comprehensive Financial Report (ACFR), and other periodic financial reports.
Conducts analysis of proposals; identifies issues and opportunities; assists with the development of alternative scenarios to improve service levels and lower costs.
Explains relevant accounting guidelines to departmental staff; participates in the review and evaluation of requests to ensure compliance with City policies, procedures, and established guidelines; responds to questions, provides information and support to departments.
Participates in the preparation, review, evaluation and monitoring of capital improvement program (CIP) plans and budgets; monitors and updates operating and capital budget adjustments and funding changes; reviews CIP requests for financial compliance.
Reviews and performs financial analysis of various federal, state, and county grant financial reporting; prepares periodic and ad-hoc financial reports as assigned.
Prepares journal entries and reconciliations for complex accounting transactions such as debt issuance and refunding, capital assets acquisition and related transactions.
Provides assistance to department management, other City staff, and the public regarding fiscal or operational issues, policies, or procedures.
Participates in or directs and monitors assigned projects related to debt management, treasury management and investments; performs research and statistical analysis; prepares and presents reports of findings and recommends appropriate action.
Provides assistance in the enhancement of the City's core financial system, including implementing new modules and re-configuring existing applications.
Compiles information and works with external parties/outside agencies on various program financial audits.
Prepares and submits City Council agenda reports and various other commission, committee, and staff reports, resolutions, ordinances, and correspondence regarding assigned activities.
Prepares cost estimates for labor relations.
Performs other related work as required.
Qualification Guidelines
EDUCATION, TRAINING AND/OR EXPERIENCE: Graduation from a four-year college or university with major coursework in finance, accounting, economics, business administration, public administration, or related field.
Responsible professional experience equivalent to four (4) years of full-time experience performing financial analysis, budgeting or accounting. Experience performing financial analysis, budgeting or accounting with a public agency is highly desirable.
An equivalent combination of education and relevant experience that provides the desired knowledge, skills and abilities to successfully perform essential functions may also be considered.
LICENSE AND/OR CERTIFICATE: Class C California Driver's License. Revocation of license during employment may result in disciplinary action or reassignment.
REQUISITE KNOWLEDGE AND SKILL LEVELS: For detailed information on the requisite knowledge, skills, and abilities for this classification, please refer to the specific job description. The job description can be viewed by clicking the link below:
Financial Analyst
Supplemental Information
PUBLIC EMPLOYEE DISASTER SERVICE WORKER: In accordance with Government Code Section 3100 - all City of Costa Mesa employees are required to perform assigned disaster service worker duties in the event of an emergency or a disaster.
PHYSICAL TASKS AND ENVIRONMENTAL CONDITIONS:
Please contact Human Resources for a summary of the essential tasks and environmental factors for this classification.
Employee accommodations for physical or mental disabilities will be considered on a case-by-case basis.
To view benefit information for all groups, Click Here
New employees contribute 9% of their salary on a pre-tax basis towards the 2%@60 or 2%@62 CalPERS retirement formula depending on eligibility.
Salary Increases:
- Effective July 2024: 3% increase
Employees receive the following health insurance flexible benefits contribution:
- Current: $1,600monthly
- Effective January 2025: $1,650monthly
The City does not participate in the Social Security system; however, federal mandate requires new employees to contribute 1.45% of wages to Medicare. As a condition of employment, all new employees are required to enroll and participate in the direct deposit program.
Closing Date/Time:
