Financial Analyst

POSITION:  FINANCIAL ANALYST

DESCRIPTION

This is top level accounting work, involving auditing of financial transactions and maintenance of accounts records. An employee in this class receives administrative supervision from the head of a department, agency or designee. Work is reviewed for conformity with established laws, rules and regulations and also analysis of reports submitted. Work can involve supervising and directing accountants in the effective performance of their duties. The Financial Analyst is also involved in the preparation of detailed auditing and financial reports and preparation of annual budgets.

DUTIES AND RESPONSIBILITIES (NOT ALL INCLUSIVE)

• Reports and can serve as an advisor to the division supervisor and/or agency head;
• Prepares financial and related reports as requested by the by the supervisor and/or agency head;
• Advises supervisor and/or agency head on budget problems; assists in the maintenance of proper appropriation and allotment of accounts;
• Submits requests for budget adjustments, maintains running accounts and other fiscal documents and reports;
• Ensures availability of funding prior to enacting personnel transactions;
• Assists with the tracking of federal funds and monitors expenditures;
• Maintains documentation of all transactions in preparation of any audits;
• Assists with the implementation of policies for the accounting, finance and budgeting functions of the Department;
• Prepare and submit monthly and/or quarterly reports;
• Informs staff and other key personnel regarding the most current budgetary, accounting and financial management requirements;
• Ensures that all necessary documents and information required to manage and implement the allocation of funds is available.
• Performs other related duties as required.

KNOWLEDGE, SKILLS AND ABILITIES

• Knowledge of and ability to utilize principles, methods, techniques and systems of financial management;
• Knowledge of departmental rules, regulations, policies and procedures;
• Knowledge of the federal rules and regulations applicable to federal grants-in-aid, especially as it pertains to uniform administration of the federal and local governments;
• Knowledge of electronic data processing equipment and its capabilities. Knowledge of the rules and regulations of governmental accounting and budgeting, Ability to answer inquiries of federal and local auditors;
• Ability to analyze and evaluate federal and local reports;
• Ability to make presentations to senior executive staff;
• Ability to work independently or with little supervision
• Ability to develop and maintain effective working relationships with members of the Department’s staff and other external entities and bodies;
• Ability to exercise sound, independent judgement in carrying out functions of the position.
• Ability to prepare accurate financial reports.
• Excellent skills in communicating clearly and effectively in English, including writing clear and concise documents.
• Proficiency in Microsoft Office Word, Excel and Outlook.
• Must be flexible, proactive, highly motivated, resourceful, professional and efficient.

EDUCATION AND EXPERIENCE

• Masters degree in Accounting, Business Administration or related field with fifteen (15) credits in accounting, plus three (3) years financial management, fiscal management or related experience, one (1) of which must have been in a supervisory capacity; or

• Bachelors degree in Accounting, Business Administration or related field with fifteen (15) credits in accounting plus five (5) years financial management, fiscal management or related experience, three (3) of which must have been in a supervisory capacity.

No person shall be discriminated against in employment or in any other educational program or activity offered by the Virgin Islands Department of Education on account of race, color, creed, national origin, sex, handicap, or age.”