Financial Analyst III

Financial Analyst III

City of Portland

Salary: $107,265.60 - $151,881.60 Annually

Job Type: Regular

Job Number: 2024-00791

Location: Pioneer Tower 888 SW 5th Ave. Portland, OR

Bureau: Bureau of Environmental Services

Closing: 8/19/2024 11:59 PM Pacific

The Position

Job Appointment: Full-Time
Work Schedule: Monday - Friday, 8 am-5 pm. An alternate schedule may be available.
Work Location: 888 SW 5TH AVE STE 400, PORTLAND OR 97204
Benefits: Please check our benefit tab for an overview of benefits for this position.
Union Representation: Non-represented, no union affiliation . To view labor agreements, current and future, please visit the Current City Labor Agreements page.
Language Pay Premium Eligible: This position may be eligible for Language Pay Differential for qualifying employees.

Application Material: Please click APPLY to submit your application via the City of Portland's online portal. You will need to attach a resume and cover letter.

Are you a detail-oriented individual who enjoys numbers? Do you like translating technical data into an accessible story for decision-makers? Are you committed to a healthy and sustainable future for Portlanders? You may be the Financial Analyst III we are seeking!

The City of Portland Bureau of Environmental Services (BES) is seeking a Financial Analyst III to join the Financial Services Division of the Business Services Group. Financial Planning, within the bureau's Financial Services Division, is responsible for ensuring the financial success of a large and complex municipal sewer and stormwater utility bureau with an annual budget of over $1.6 billion and with debt outstanding of $1.4 billion. Financial Planning provides budget development, financial/economic analysis, forecasting, debt management, sewer and stormwater rate and fees development (in excess of $450 million annually), policy analysis and recommendations, and wholesale service contract development and administration.

The Financial Analyst III will independently perform critical high-level financial analysis and leverage knowledge of long-term financial forecast models to inform shorter-term comprehensive five-year financial plans and bond sale documents.
This position will advance the bureau's objectives of dismantling historic and systemic racism and incorporating equity into all aspects of decision-making, policy setting, and community impact within the position's scope of responsibility.

This position will work closely with the Financial Planning Manager to evaluate, monitor, and calibrate the financial trajectory of a large sewer and stormwater utility. The position will have interactions with leadership and oversight bodies and will provide regular reporting on the financial condition of the organization.

What you'll get to do:

• Independently maintain, develop, and update the long-range (25+ year) financial forecast model to provide projections for preparing major financial documents and analyzing funding/spending plans
• Ensure compliance with bond covenants and financial policies
• Maintain, develop, and update detailed current-year expenditure and revenue forecasting to monitor compliance with budget law and bond coverage requirements
• Conduct simulations and sensitivity analysis for financial and rate impacts
• Provide lead work direction, training, and assistance to other financial, accounting and bureau staff
• Manage and update wholesale sewer contracts with other jurisdictions
• Analyze and determine amounts and timing of revenue bond issuance and prepare bureau information for primary and secondary market disclosure documents
• Develop audit schedules for inclusion in year-end financial reporting

About the Bureau of Environmental Services
This is an exciting time to join the Bureau of Environmental Services (BES). Together we are re-imagining the work we do to ensure it aligns with Our Values:

• We implement equity in our workplace, business practices, and service delivery.
• We value our customers and partners.
• We carefully manage our watersheds, wastewater and stormwater infrastructure, and financial resources.
• We encourage leadership among our employees in our City and community.
• We support a diverse, collaborative, healthy, and engaged workforce.
• We urge respectful communication and transparency.
• We advance innovative, sustainable, and resilient solutions.

At BES, we value our customers and partners; Portlanders' sense of connection to their waterways; conscientious stewardship of our watersheds, wastewater and stormwater infrastructure, and financial resources; a diverse, collaborative, healthy, and engaged workforce; leadership among our employees and in our City and community; equity in our workplace, business practices, and service delivery; clear communication and transparency; innovative, sustainable, and resilient solutions.

BES is seeking talented individuals from diverse racial, ethnic, and socio-economic backgrounds with knowledge, ability, and experience working with a broad range of individuals and communities; and that desire to work collaboratively and creatively to broaden the variety of innovative ways to partner with and serve all Portland communities.

To learn more about the work we do at BES, click on the link: About Environmental Services | Portland.gov

Our BES 10-Year Strategic Plan can be found here: download (portland.gov)

Questions?:
Terrol Johnson
Senior Recruiter
[email protected]

To Qualify
Applicants should specifically address and demonstrate in their cover letter and resume how their education, training, and/or experience meet each of the following minimum qualifications:

Knowledge and experience with the principles, practices, and methods of long-term financial forecasting and modeling of a large and complex organization.

Knowledge and experience extracting detailed financial information from accounting and financial reporting systems, assemble financial data, and prepare clear, concise, and comprehensive technical documents, reports, illustrations, and other written materials.

Ability to understand complex financial documents including revenue bond declarations and financial policies.

Experience gathering and using data to reveal and describe differences of impact from financial policy decisions on specific community segments; especially those segments related to socio-economic differences and marginalized communities.

Ability to present ideas clearly, logically, and persuasively in a non-technical manner to diverse audiences.

Ability to use the principles and practices of public administration, including budget monitoring and development, procurement and contract management, and maintenance of public records.

Additional Requirements
A bachelor's degree in Business Administration, Finance, Economics, or a related field and five years of financial experience, or equivalent work experience is preferred. Any combination of education and experience that is equivalent to the minimum qualifications is acceptable.

The Recruitment Process

STEP 1: Apply online between July 29, 2024 - August 19, 2024 Required Application Materials:

• Resume
• Cover Letter

Optional Application Materials:

• Veteran documents to request for Veteran Preference (ex, DD214-Member 4, VA Benefit Letter, etc.)

Application Tips:

• Your cover letter should include details describing your education, training and/or experience, and where obtained, which clearly reflects your qualifications for each of the numbered items in the "To Qualify" section of this announcement.
• Your resume should support the details described in your cover letter.
• Salary Range/Equity Pay Analysis : Please note per the Oregon State Pay Equity Law your salary is determined based on the experience and education listed in your resume/application. It is strongly encouraged to include any transferable experience (paid or unpaid regardless of how recent) to ensure your offer is reflective of all directly related and equivalent experience.
• Do not attach materials not requested.
• All completed applications for this position must be submitted no later than on the closing date and time of this recruitment.
• All applications must be submitted via the City's online application process. E-mailed and/or faxed applications will not be accepted.

Step 2: Minimum Qualification Evaluation: Week of August 19, 2024

• An evaluation of each applicant's training and paid and unpaid experience, as demonstrated in their resume and cover letter, weighted 100%.
• Your resume and cover letter will be the basis for our evaluation of your qualifications for this position. Incomplete or inappropriate information may result in disqualification.
• You have 14 days from the notice of the minimum qualification evaluation results to let us know if you like to review and discuss your evaluation result. Please read the City of Portland Administrative Rule 3.01 for complete information.
• Additional evaluation may be required prior to the establishment of the eligible list and/or final selection.

Step 3: Establishment of Eligible List: Week of August 26, 2024

• Candidates who meet the minimum qualifications will be placed on the equally ranked eligible list.

Step 4: Selection (Interview): TBD

• The hiring bureau will review and select candidates to interview.
• Please note, that the selection process may take up to 90 days from the notification of being placed on the eligible list.

Step 5: Offer of Employment: TBD
Step 6: Start Date: TBD

• A start date will be determined after all conditions of employment have been met.

*Timeline is approximate and subject to change*

Additional Information

Click here for additional information regarding the following:

• Click here for additional information regarding the following:
  • City of Portland Core Values
  • Recruitment Process - Work Status
  • Equal Employment Opportunity
  • Veteran Preference
  • ADA, Pregnancy, and Religious Accommodations

Did you know? The City of Portland has How to Apply Videos and offers How to Apply Classes once per month. If you have questions after watching the videos you are invited to contact the recruiter listed on the announcement.

An Equal Opportunity/Affirmative Action Employer

To apply, please visit https://www.governmentjobs.com/careers/portlandor/jobs/[redacted]/financial-analyst-iii

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