Los Angeles Community College District

Senior Financial Analyst (#5071)

$59.00-$73.09 hourly / $10,226.33-$12,668.62 monthly / $122,715.96-$152,023.44 annual


Definition

Performs complex and difficult budgetary and financial analysis, review of expenditures, and financial planning and makes recommendations regarding budget and financial operations of the District's activities; supervises a small staff of employees engaged in the formulation, analysis, and execution of budget and financial management plans and in the development of budgeting and financial policies, procedures, and operations.

Typical Duties

Plans, assigns, and supervises the work of and provides training to assigned staff engaged in the analysis of budgetary and financial management plans.

Directs the day-to-day operational activities including updating, adjusting, and maintaining the budget data base.

Conducts the more difficult and technical budgetary and financial management analyses.

Conducts studies related to program budgeting, management, finance and economic analysis.

Develops income and revenue projections; analyzes legislation to determine financial impact on the District and prepares recommendations for proposed legislation and grant application.

Develops procedures for preparing the annual budget and reviews and analyzes budget requests from organizational units for justification and validity of cost estimates based on historical and current year expenditures and income.

Makes recommendations for budgeting and financial policies, procedures, and systems based on analysis of current and proposed programs and practices.

Provides technical support and advice in the design, implementation, maintenance, evaluation, and revision of integrated financial, budget, accounting, and management information reporting systems.

Analyzes economic conditions, financial markets and investment alternatives, recommends policy for the investment of reserve cash funds, and effects and monitors approved investment transactions and activities.

Prepares complex reports containing descriptive, analytical, and evaluative content including the preparation of conclusions and forecasts based on data summaries and other findings.

Consults with administrators and staff on matters related to financial and budget planning and analysis.

Assists in planning and developing presentations and publication materials for the annual budget.

Effectively utilizes the capabilities of standard and specialized software programs in the production of management information and reports.

Directs the maintenance of budgetary and financial records.

Performs related duties as assigned.

Distinguishing Characteristics

A Senior Financial Analyst performs the more difficult and complex budgetary and financial studies and supervises a small staff engaged in the formulation, analysis, and execution of budget and financial management plans, and the development of budgetary and financial policies, procedures and operations.

A Financial Analyst analyzes a variety of complex financial data related to budget, financial management, expenditure analysis, and cash flow analysis, and makes recommendations for the solution of complex problems. Employees in this class work at a journey-level and are expected to work independently and without immediate supervision.

An Assistant Financial Analyst performs professional level staff work of moderate complexity related to the analysis of and solution of problems involving financial and budgetary data and financial planning. Employees are continuing to learn skills in preparation for promotion but are expected to work without continuous review and supervision.

Supervision

General supervision is received from a classified administrator. Immediate supervision is exercised over assigned lower-level analysts and technical and clerical staff.

Class Qualifications

Knowledge of:

Principles, practices, methods, and systems of budgetary and financial management

Principles, concepts, and theories of accounting

Federal, state and local laws, ordinances, codes, regulations, policies, and procedures affecting the financial management of the District

Administrative organization of the Los Angeles Community College District

Structure of the District’s accounting and budget systems

Current trends and developments in financial management

Research, statistical, and forecasting methods and techniques used in financial management

Capabilities of computer systems, software, and hardware used in financial and budgetary management

Computer software such as word-processing, spreadsheet, database management, and desktop publishing applications

Principles of supervision and training

Organization and management of records

Ability to:

Develop, implement, and modify budget and financial plans to meet District objectives

Compile, analyze, interpret, and evaluate complex financial and statistical data and trends, and make sound findings and recommendations

Prepare clear, comprehensive, and concise reports

Analyze complex financial and budget data and interpret and apply pertinent laws, regulations, and principles

Devise practical solutions to complex problems

Effectively utilize computer equipment, software, and management information systems in the performance of duties

Present complex and difficult technical information effectively, orally, visually, and in writing

Deal with novel and difficult problems

Exercise creativity and critical judgment

Independently complete complex assignments

Select, motivate, train, and supervise assigned staff

Establish effective interpersonal communications and secure the cooperation of administrators in the implementation of District procedures

Work effectively with a diverse pool of District staff and representatives from private and public agencies

Learn specialized software applications

Entrance Qualifications

Education and Experience:

A.  A master's degree from a recognized college or university with a major in accounting, finance, economics, business administration, public administration, or a related field AND two years of full-time, paid, professional level experience in financial analysis or budget analysis and development in an accounting, finance, administrative analysis, auditing, or budgeting position. Supervisory experience is desirable.

OR

B. A bachelor's degree from a recognized college or university, preferably with a major in accounting, finance, economics, business administration, public administration, or a related field AND four years of full-time, paid, professional level experience in an accounting, finance, administrative analysis, auditing, or budgeting position, including two years of experience in financial analysis or budget analysis and development. Supervisory experience is desirable.

Special:

A valid Class “C” California driver's license is required.

Travel to locations throughout the District is required.

Reasonable Accommodations

Our class specification generally describes the duties, responsibilities, and requirements characteristic of the position(s) within this job class. The duties, responsibilities, and requirements of a particular position within this class may vary from the duties of other positions within the class.

In accordance with the Americans with Disabilities Act (ADA), the Los Angeles Community College District provides reasonable accommodation to qualified individuals with covered disabilities on a case-by-case basis throughout the application, examination, and hiring processes and throughout employment. If an individual is in doubt about their ability to perform the duties and responsibilities of a position or possession of any other requirement noted in a class specification or job announcement, they should always apply for a position and request reasonable accommodation at the appropriate time.


CLASS: 5071; REV: 1/31/2024;