Los Angeles Community College District

Financial Analyst (#5073)

$47.63-$59.00 hourly / $8,254.86-$10,226.33 monthly / $99,058.32-$122,715.96 annual


Definition

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.

Typical Duties

Conducts complex budget and financial studies by collecting, analyzing, and compiling data and prepares reports and recommendations based on findings.

Confers with District administrators in such areas as budgetary and financial management and economic analysis.

Makes written and oral presentations on budgetary and financial management matters to college executives, committees and groups of District administrators.

Maintains the current status of the District's financial position by reviewing expenditure data and maintaining records of funds received.

Collects, compiles, describes, organizes analyzes, and interprets data and prepares periodic and special business and financial reports in graphic, pictorial, tabular, written, and oral form.

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

Surveys and investigates practices, procedures, and methods in private firms and public jurisdictions in order to find solutions to problems or improvements in financial operations which can be applied to the District.

Analyzes the possible effects of proposed laws and regulations, codes, and ordinances that affect the budgetary and financial activities of the District.

Writes instructions, procedures, guides, and manuals involving budgetary and financial management areas.

Analyzes and makes recommendations on budget requests and prepares budget proposals.

Provides technical assistance and training to staff on matters related to budgetary and financial management.

Effectively utilizes the capabilities and functions of standard office software applications such as data management, spreadsheet, presentation, and word processing in completing assigned projects.

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

Develops financial record systems.

May supervise lower-level analysts and technical and clerical support staff.

Performs related duties as assigned.

Distinguishing Characteristics

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.

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 policies, procedures, and operations.

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 or supervisor. Functional supervision may be exercised over assigned professional, technical, and clerical staff.

Class Qualifications

Knowledge of:

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

Principles, practices, and theories of accounting

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

Research methods and techniques

Methods of statistical analysis, forecasting, and presentation

Techniques of data collection and analysis

Current developments and trends in financial management

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

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

Principles of training

Organization and management of records

Ability to:

Prepare budget and financial plans to meet District objectives

Collect, analyze, interpret, and evaluate complex budgetary and financial management data, statistics, and trends and make sound findings and recommendations

Interpret and apply laws, rules, regulations, policies, and procedures pertinent to financial and budgetary management

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

Devise practical solutions to complex problems

Prepare clear and concise reports of budgetary, financial, and statistical data

Exercise creativity and critical judgment

Deal with novel and difficult problems

Present complex technical information and issues in understandable terms, orally, visually, and in writing

Make presentations of technical and complex information in a group setting

Evaluate work methods and procedures

Work independently on assigned projects

Establish effective inter-personal 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

Plan and organize work to meet deadlines

Learn specialized computer applications

Entrance Qualifications

Education & Experience:

A. A master's degree from a recognized college or university with a major in accounting, finance, economics, business administration or public administration or a related field AND one year 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.

OR

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

Special:

A valid Class "C" California driver's license may be required for some positions.

Travel to locations throughout the District may be required for some positions.

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: 5073; REV: 1/31/2024;