Position Title:

Financial Analyst III (May be underfilled)

Job Description:

Our Redevelopment Agency team is looking for a Financial Analyst!

About the Position:

The Financial Analyst is essential for managing the Redevelopment Agency of Salt Lake City’s financial operations, including accounting, financial analysis, loan portfolio management, and process improvement. Key duties involve ensuring accounting accuracy, responding to audit inquiries, preparing financial reports, and serving as the primary financial contact.

The ideal candidate will have the skills to analyze, reconcile, forecast and communicate the Agency’s financials to propose the efficient and effective use of funds. This candidate will also have the strategic and communication skills to collaborate with staff and our partners to find financial solutions to fund community projects amidst a complex budget and workload.

About the Team:

We are a passionate group of around 12 project managers and 10 administrative and support staff who strive to make a tangible impact on our community. We leverage funding from project areas to drive the planning and construction of essential housing and commercial developments, vital infrastructure projects, and vibrant community spaces. Here, you'll find a collaborative and innovative environment dedicated to shaping the future of Salt Lake City, making it a more sustainable, inclusive, and thriving place to live and work. If you're eager to be part of meaningful projects that transform our city, this is the team for you!

Work Schedule:

Agency staff are currently working a full-time hybrid schedule, Monday – Friday with 2 days working from home and 3 days in office. Additional office attendance may be required based on operational needs.

IMPORTANT: Early application submittal is encouraged. This position will remain open until filled and may close at any time without notice.

Key Responsibilities:

Accounting and Financial Management

• Ensure accurate accounting in the ERP system.

• Reconcile the general ledger and resolve any discrepancies.

• Respond to audit requests and prepare financial statements.

• Manage month-end reporting, accounts receivable, and accounts payable.

Budget Management

• Assist with the preparation and management of the annual budget and budget amendments.

• Support budget management efforts across various projects and departments.

• Present financial data and analysis to leadership.

Financial Analysis

• Conduct financial analysis to support strategic decision-making.

• Connect financial data with operational data and other performance metrics.

• Utilize advanced Excel skills, including Power Query, Pivot Tables, and advanced functions, to analyze and present financial data.

Loan Portfolio Management

• Read and interpret loan agreements to set up loans accurately in the loan system.

• Process payments and ensure they are properly accounted for in the ERP.

• Prepare loan statements and respond to audit requests related to loans.

• Act as the primary point of contact for borrowers, addressing inquiries and providing support.

Process Improvement

• Identify opportunities for process improvements in financial operations.

• Develop and implement strategies to enhance efficiency and accuracy in financial processes.

• Collaborate with the accounting team to streamline workflows and reduce redundancies.

Project Support

• Assist project managers and other staff in ensuring project budgets are managed and accounted for properly.

• Provide financial insights and recommendations to support project success.

Stakeholder Interaction

• Serve as the primary point of contact for internal and external financial inquiries.

• Collaborate with various stakeholders to ensure accurate financial reporting and compliance.

Other Duties as Assigned

• Perform additional tasks and responsibilities as required to support the Agency's financial operations and objectives.

Preferred Qualifications:

• Advanced Excel skills, including Power Query, Pivot Tables, and advanced functions.

• Experience with ERP systems, such as Workday or similar software.

• General ledger management experience.

• Knowledge of loan agreements and loan management processes.

• Experience in identifying and implementing process improvements.

• Excellent communication and interpersonal skills to interact effectively with stakeholders.

  Position Salary Range:

This position may be filled at a level I, II, or III based on the selected candidates’ credentials.

Financial Analyst I: E22 - $48,927/yr. to $66,721/yr.

Financial Analyst II: E25 - $56,598/yr. to $77,193/yr.

Financial Analyst III: E30 - $72,232/yr. to $98,940/yr.

This position is eligible for full city benefits, including:

• Health Insurance (95% of premium paid by city)

• Dental, Vision and Life Insurance

• Paid vacation and personal leave

• Six weeks of paid parental leave from day 1 of employment

• Retirement contributions toward a pension plan and/or 401(k)

• A robust Employee Assistance Plan (EAP)

• Up to $4,000 tuition reimbursement annually

• Discounted supplemental benefits like pet insurance and legal services

Learn more about our benefits here: https://www.slc.gov/hr/benefits-and-wellness/

Job Level Distinctions:

Financial Analyst I - Following established procedures, performs specialized financial, accounting or planning activities following general project or departmental guidelines, procedures and precedents in support of various financial functions such as budgeting and auditing. Exercises discretion and independent judgment in the afore-mentioned duties. Requires one to three years of related work experience.

Financial Analyst II - Following general instructions and with discretion as to work details, performs specialized financial, accounting, investigations, coordination and analysis requiring competence and specialized knowledge of various financial functions such as budgeting and auditing. Requires three to five years of related work experience.

Financial Analyst III - Develops, interprets and implements highly complex financial/accounting concepts and advanced techniques for financial planning and control. Provides specialized technical analysis to determine present and future financial performance. Directs the development and implementation of new concepts and techniques for financial information analysis. Requires five to eight years of related work experience. A Master’s degree level of education or certification may be required at this level.

Minimum Qualifications:

• Graduation from an accredited four-year college or university with a degree in accounting, finance, business administration, public administration or related field plus work experience, as stipulated for each level noted above. Education and work experience may be substituted one for the other on a year-for-year basis.

• Knowledge of finance and accounting theory, including generally accepted accounting principles. Ability to perform complex statistical analysis and research methods used in budgeting, forecasting, financial analysis and financial modeling.

• May require knowledge of the specific laws, ordinances and regulations governing financial operation of the City and experience in municipal accounting/auditing.

• Basic typing skills and advanced knowledge of personal computer operation, including proficiency with office software applications such as MS Word and Excel and accounting programs.

• Ability to communicate effectively with others, both orally and in writing.

• Ability to understand and follow oral and/or written policies, procedures and instructions.

• Ability to perform a wide variety of duties and responsibilities with accuracy and speed under the pressure of time-sensitive deadlines.

Working Conditions:

• Light physical effort. Some discomfort associated with prolonged periods of confinement to work station, concentrating on figures and computer reports, and video display screens.

• Low to high exposure to stressful situations as a result of human behavior and associated job demands.

The above statements are intended to describe the general nature and level of work being performed by persons assigned to this job. They are not intended to be an exhaustive list of all duties, responsibilities and skills required of personnel so classified. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities.

Offers of employment are contingent on successful completion of a criminal background check in accordance with City policy and applicable law. Criminal offenses will be reviewed on a case-by-case basis and do not automatically disqualify a candidate from City employment.

Position Type:

Full-Time

Department:

Redevelopment Agency

Full Time/Part Time:

Full time

Scheduled Hours:

40

Need help applying? Please call our Recruitment team at 801-535-6699 or email careers@slc.gov .

BENEFITSFull-Time roles with Salt Lake City Corp are eligible for a generous, robust benefits package including:

• Health Insurance (95% of premium paid by city)

• HSA or Flex Account (HSA – City contributes $1,000 - $2,000 annually into account, no match required)

• Dental, Vision and Life Insurance

• City-paid retirement contributions toward a pension plan and/or 401(k)

• A robust Employee Assistance Plan (EAP)

• Up to $4,000 tuition reimbursement annually

• Discounted supplemental benefits like pet insurance and legal services

• Wellness clinic for employees and their families

Paid Time Off

• 12 vacation days to start

• 12 paid holidays & 1 personal holiday

• Up to 80 hours of personal leave annually

• 6 weeks of paid parental leave to all new parents

• Additional time off credit possible for rehires or new hires coming from another public jurisdiction

VETERAN EMPLOYER:

Salt Lake City is proud to be a partner of the Utah Patriot Program, providing employment opportunities for Veterans, Military and spouses. We are also a proud National Service Partner.

ABOUT SALT LAKE CITY CORP

Our Salt Lake City family serves a population of over 200,000. As an Equal Opportunity Employer, the City is committed to providing resources, access, and opportunity to all and continue to recruit and retain talented people from all backgrounds. Our employees make a real difference with the work they do every day and are actively shaping our beautiful City's future.

We aspire to shape a better community and workplace, and as such, we are committed to pay equity. We are proud to have achieved gender pay equity as a leader in the Utah community by creating a workplace where there is equal opportunity for all.

The City is committed to the full inclusion of all qualified individuals. As part of this commitment, Salt Lake City will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Human Resources at 801-535-7900.