CHIEF FINANCIAL ANALYST                                                             0210

 

DISTINGUISHING FEATURES OF THE CLASS

An employee in this class oversees and conducts analyses of information affecting a capital expenditure program on a County-wide basis or an investment or revenue program on a County-wide or inter-departmental basis. Supervision is exercised over  a staff comprising accounting and financial analysis personnel.  Responsibilities may include market analysis, financial reporting, evaluation strategies for investments under varying cash flow scenarios, preparation of financial analysis reports, and/or analyses of Federal and State funding sources. Work is performed under general direction and is reviewed for adherence to established departmental policies and procedures through conferences and reports.  This position differs from those in the Budget Examiner and Budget Analyst class in that, in addition to any budget responsibilities, the incumbent develops financial policies and plans, presents these plans to the appropriate administrator or outside agency and prepares the necessary statements and materials to implement the program.  Does related work as required.    

 

TYPICAL WORK ACTIVITIES

             Conducts statistical analysis of information affecting a capital expenditure, investment or revenue program, such as cash flow analysis models for short and long-term cash position and funding projections;

            Conducts comparative financial analyses and works on special projects as directed;

            Interprets financial data for an administrative supervisor, which may include market analysis, financial reporting and maturity scheduling of an investment portfolio, or analysis of changes in funding programs;

            Develops financial forecasts to determine sources of departmental revenues;

            Develops and monitors the County-wide capital program and budget including the preparation of capital closeout resolutions and the requesting of bonding resolutions;

            Makes recommendations regarding the optimum use of funding, alternative financing methods and bonding policies and procedures;

            Prepares financial analysis reports for the department head, external departments, outside auditors and other agencies;

            Implements the fiscal directives of Federal, State and County agencies as related to County-wide or inter-departmental programs;

            Oversees special projects and comparative financial analyses as directed;

            May direct a  staff of clerical and technical personnel  in the County Treasurer's Office engaged in wire transfer management and coordination of funds within bank accounts to meet requirements of operating, payroll, social services, and debt service expenditures in conjunction with incoming sales tax, departmental, state/federal aid, investment, and property tax revenues;

            May advise in all matters pertaining to fiscal policy;

            May assist the County Executive in presentations to investors and bond rating agencies;

            May represent the County Treasurer in project work relating to computerization of capital funds and cash management;

            May act as a liaison with other fiscal departments, bond counsel and the financial community as a representative of the County Executive;

            May prepare a departmental budget.

 

FULL PERFORMANCE KNOWLEDGES, SKILLS, ABILITIES AND PERSONAL CHARACTERISTICS

Comprehensive knowledge of fiscal forecasting related to public administration; comprehensive knowledge of methods of cash flow and analysis; comprehensive knowledge of the principles, methods and techniques of public financing and public administration; thorough knowledge of statistical concepts and methods; thorough knowledge of recent developments, current literature and sources of information regarding sale of municipal bonds; ability to analyze facts and exercise sound judgment in arriving at conclusions;  ability to plan, assign and direct the work of a technical  and support staff in a manner conducive to full performance and high morale; ability to keep complex records, assemble and organize data, and to prepare reports from such records; ability to express oneself clearly and concisely, both orally and in writing; ability to establish effective working relationships with other departments and outside agencies; physical condition commensurate with the demands of the position.    

 

MINIMUM QUALIFICATIONS

            OPEN COMPETITIVE

            Either:

a)      Graduation from a New York State or regionally accredited college or university with a Master's Degree in Business Administration, Finance, Accounting or a related field, and six (6) years of experience in financial planning, analysis of financial statements, cash flow analysis and/or credit analysis, three (3) years of which must have been in municipal cash flow analysis;

b)      Graduation from a New York State or regionally accredited college or university with a Bachelor's Degree in one of the above listed fields, and eight (8) years of experience in financial planning, analysis of financial statements, cash flow analysis and/or credit analysis, three (3) years of which must have been in municipal cash flow analysis.

 

            PROMOTIONAL

            One year of permanent competitive status as a Principal Financial Analyst.

 

R01/18/08

SUFFOLK COUNTY

Competitive