Financial Analyst I/II

EASTERN MUNICIPAL WATER DISTRICT
Perris, California United States  View Map
Posted: Jan 21, 2026
  • Salary: $92,497.60 - $133,348.80 USD
  • Salary Top:133348
  • Full Time
  • Accounting and Finance
  • Job Description

    Eastern Municipal Water District (EMWD) is seeking two highly motivated individuals to fill two vacancies in our Finance Department for the positions of Financial Analyst I/II . If you meet the qualifications outlined below, and you are interested in joining a dynamic business environment working with a stellar team of professionals, we encourage you to apply for these excellent employment opportunities!

    Under general supervision (Financial Analyst I) or direction (Financial Analyst II), performs responsible, professional administrative, financial, budgetary, statistical and other management analyses in support of departmental or District-wide activities, functions and programs; performs a variety of technical and analytical duties associated with the preparation of reports, studies, and financial records; recommends action and assists in formulating policy and procedure related to financial planning, budgets, rates, charges, debt, investments, banking, and other financial activities; and performs related duties as assigned.

    CLOSING DATE & TIME: February 3, 2026, 4:00PM Pacific Time

    SALARY:

    Financial Analyst I:

    Range 215: $44.47 - $55.39 Hourly; $7,708.13 - $9,600.93 Monthly

    Financial Analyst II:

    Range 218: $51.48 - $64.11Hourly; $8,923.20 - $11,112.40 Monthly

    The ideal candidate will have the following knowledge, skills, and abilities (Special Funding):

    1. Analytical/Critical Thinking: Ability to analyze and interpret complex financial reports and models. The candidate should be comfortable and competent in Excel and able to work with large databases and locate and identify anomalies in databases, financial models, and banking or property tax data.
    2. Coordination & Communication Skills: Ability to analyze complex financial data and communicate it to multiple parties.
    3. Financial/Capital Markets Knowledge: Understanding of fixed income securities and related markets. Understanding terms and concepts such as bonds, par, coupon, amortization, debt service c coverage, etc.
    4. Written Communication: This position requires correspondence and narratives to be written which will be distributed to outside resources and the public. The candidate should demonstrate the ability to articulate thought in a manner that is sufficient in representing EMWD.

    The ideal candidate will have the following knowledge, skills, and abilities (Treasury):

    1. Treasury Operations & Cash Management: Process ACH/NSF returns, download and review daily bank reports, monitor cash positions, and ensure transactions flow correctly between the bank and financial system for reconciliation.
    2. Payment Processing & Banking Platforms: Initiate and validate wires and ACH payments, follow dual ­control procedures, meet cut-off times, and work confidently within online banking systems.
    3. Investment Trade Entry & Back-Office Support: Enter and verify fixed-income trades, confirm settlement details with brokers/custodians, maintain investment logs, and track maturities and policy limits.
    4. Reporting, Reconciliation & Research: Prepare monthly treasury reports and other reports as needed by management, assist with bank reconciliations, investigate deposit/balance discrepancies, and perform basic Excel analysis (pivot tables, SUMIF, INDEX-MATCH, etc.).

    The purpose of this recruitment is to fill 2 vacancies.

    DISTINGUISHING CHARACTERISTICS

    Financial Analyst I: This is the entry-level class in the Financial Analyst series. Initially incumbents learn and perform routine financial, budgetary, statistical and other management analyses work. As experience is gained, assignments become more varied, complex, and difficult; close supervision and frequent review of work lessen as an incumbent demonstrates skill to perform the work independently. Positions at this level usually perform most of the duties required of the positions at the Financial Analyst II level but are not expected to function at the same skill level and usually exercise less independent discretion and judgment in matters related to work procedures and methods. Work is usually supervised while in progress and fits an established structure or pattern. Exceptions or changes in procedures are explained in detail as they arise.

    Financial Analyst II: This is the full journey-level class in the Financial Analyst series. Positions at this level are distinguished from the Financial Analyst I by the performance of the full range of duties as assigned, 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.

    SUPERVISION RECEIVED AND EXERCISED

    Receives general supervision (Financial Analyst I) or direction (Financial Analyst II) from assigned supervisory or management personnel. Exercises no direct supervision over staff.

    PLEASE NOTE: In-person, pre-employment interview and/or testing is part of the selection process for this position.

    BENEFITS: For an overview of EMWD's excellent benefits package please click on the following link: EMWD Benefits Summary

    To learn more about working at EMWD, view our Join EMWD video by clicking here .

    EMWD's mission is to deliver value to our diverse customers and the communities we serve by providing safe, reliable, economical and environmentally sustainable services.

    EMWD is a leader in sustainability efforts that provide long-term benefits to the environment and establishes EMWD as an industry front-runner in adapting to climate change. We have invested in solar energy programs that provide significant environmental benefits, are modernizing our fleet vehicles to be further reliant on clean energy, and have a long-term strategic priority to further reduce our carbon footprint while reducing financial impacts to customers.

    Required Skills

    Knowledge of:

    Positions at the Financial Analyst I level may exercise some of these knowledge and abilities statements in a learning capacity.

    • Principles, practices and terminology of financial statement preparation.
    • Budgeting principles and terminology.
    • Cost accounting methods and procedures.
    • Bond math, including amortization schedules and arbitrage calculations.
    • Federal, state and local laws, codes and regulations in assigned areas of responsibility including professional standards and regulations relating to the financial administration of public agencies.
    • County property tax levy process.
    • Principles and practices of business data processing, particularly related to the processing of financial and statistical information and interpretation of input and output data.
    • The District's Chart of Accounts and multiple District cost center coding structure.
    • Basic principles and practices of cash flow and investment portfolio management.
    • Policies and procedures related to debt administration.
    • Principles, practice, and terminology of cost analysis and rate setting.
    • District and mandated safety rules, regulations, and protocols.
    • Techniques for providing a high level of customer service by effectively dealing with the public, vendors, contractors, and District staff.
    • The structure and content of the English language, including the meaning and spelling of words, rules of composition, and grammar.
    • Modern equipment and communication tools used for business functions and program, project, and task coordination, including computers and software programs relevant to work performed.


    Ability to:

    • Perform analytical and technical duties in the District's financial reporting, budgeting, investments, forecasting, debt administration, rates, and related areas.
    • Understand, interpret, and apply all pertinent laws, codes, regulations, policies and procedures, and standards relevant to work performed.
    • Make calculations and tabulations and review fiscal and related documents accurately and rapidly.
    • Understand and carry out written and oral instructions.
    • Prepare clear and accurate financial records and reports.
    • Make clear and concise oral presentations.
    • Effectively represent the department and the District in meetings with governmental agencies; community groups; various business, professional, and regulatory organizations; and in meetings with individuals.
    • Independently organize work, set priorities, meet critical deadlines, and follow-up on assignments.
    • Effectively use computer systems, software applications relevant to work performed, and modern business equipment to perform a variety of work tasks.
    • Communicate clearly and concisely, both orally and in writing, using appropriate English grammar and syntax.
    • Establish, maintain, and foster positive and effective working relationships with those contacted in the course of work.


    Required Experience

    Experience:

    Any combination of experience and education that provides the required knowledge and abilities is qualifying, along with the specific licenses/certifications as outlined below:

    • Financial Analyst I: One (1) year of experience performing professional financial analysis in a comprehensive financial management program.
    • Financial Analyst II: Three (3) years of progressively responsible experience performing professional financial analysis in a comprehensive financial management program, or two (2) years as a Financial Analyst I with the District.


    Education:

    • Financial Analyst I/II: Equivalent to a bachelor's degree from an accredited college or university with major coursework in finance, business administration, or a closely related field.


    Licenses/Certifications:

    • None
  • ABOUT THE COMPANY

    • Eastern Municipal Water District
    • Eastern Municipal Water District

    Since its formation in 1950, Eastern Municipal Water District has matured from a small, primarily agricultural-serving agency, to one whose major demands come from domestic customers.

    • See The Story of EMWD (2.6MB Acrobat pdf)- a presentation created for EMWD's 50th Anniversary.

    Authorized under the Municipal Water District Act of 1911, EMWD's duties and responsibilities are further delineated in the California Water Code. In 1951, EMWD annexed to The Metropolitan Water District of Southern California (MWD).

    As with many other public entities, EMWD is authorized to exercise the power of eminent domain, to levy and collect taxes, to fix, revise and collect rates or other charges. The district may also issue bonds, borrow money and incur indebtedness.

    Municipal water and sewer rates are not subject to regulation by the Public Utilities Commission of California. EMWD customers instead are represented by a board of five directors. They are elected by registered voters to four-year terms in divisions representing comparably sized populations.

    The population within the current 555-square-mile service area is about 630,000. EMWD's operating budget for 2005/2006 is $145 million with net assets of approximately $1.4 billion.

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