At a Glance
- Tasks: Manage financial processes and perform budgetary analysis for the City of Manchester.
- Company: Join a dynamic team at the City of Manchester, making a difference in local governance.
- Benefits: Flexible part-time hours, valuable experience, and a chance to contribute to community projects.
- Why this job: Gain hands-on experience in finance while impacting your community positively.
- Qualifications: Bachelor's degree in Finance or related field; experience in budgeting preferred.
- Other info: Perfect for students looking to build their resume and gain practical skills.
Performs budgetary, accounting, and related financial analysis duties; performs directly related work as required.
DISTINGUISHING FEATURES OF THE CLASS: The principal function of an employee in this class is to manage administrative financial processes in a large Department and/or on a City-wide scale. The work is performed under the supervision and direction of an assigned financial or administrative personnel but considerable leeway is granted for the exercise of independent judgement and initiative. The nature of the work performed requires that an employee in this class establish and maintain effective working relationships with other City employees, outside auditors, business organizations, and the public. The principal duties of this class are performed in a general office environment.
EXAMPLES OF ESSENTIAL WORK:
- Performs fiscal oversight to a large area of municipal operations, including training, coordinating, and directing the work of accounting personnel;
- Performs financial analysis on government services to ascertain appropriate fee structures;
- Utilises research methodologies, statistical techniques, and compilation of empirical data to perform budget analyses for the purpose of designing, planning, and developing the operating budget for an assigned area;
- Develops a portion of and/or a complete capital budget in an assigned area;
- Performs Accounts Receivable (AR) reconciliation to general ledger; makes AR adjustments upon request;
- Resolves customer account balance issues as needed;
- Processes monthly AR statements to be printed and mailed;
- Prepares AR aging report for Committee;
- Updates and runs revenue reports and aging queries and sends to all departments;
- Submits accounts to collections agency per department request, updates collection reports, reconciles to agency reports, and sends to all departments;
- Posts investment escrow account interest and reconciles;
- Performs reserve account balance transfers;
- Performs payroll suspense account transfers;
- Maintains fixed assets and posts depreciation;
- Coordinates the work of and provides technical assistance to professional staff in the monitoring and managing of budgeted resources and other administrative issues;
- Analyses departmental budget requests and makes recommendations based on the results;
- Performs fiscal, statistical, administrative, operational, organizational, and personnel staffing studies;
- Processes, prepares, reviews, and administers grant and special project applications;
- Negotiates agreements for service and capital projects with public and private agencies;
- Performs various accounting functions, including full general ledger maintenance and systems reports, fixed asset accounting and reporting, trust fund accounting, account reconciliation, special reporting requirements, and related;
- Compiles Comprehensive Financial Reports;
- Advises Department Heads, municipal officials, and others on complex fiscal matters, budgetary considerations, transfers of funds, payment procedures, investments, expenditures, and commitment of funds as requested;
- Serves as an in-house consultant within the City regarding comprehensive financial operations;
- Analyses, reviews, and critiques records, statistical data, and related requirements received from or prepared for local, State, and Federal agencies;
- Provides guidance and demonstrations to new employees in similar positions;
- Keeps supervisors informed of work progress, issues, and potential solutions;
- Attends meetings and training to stay current on relevant practices and developments;
- Responds to citizen inquiries courteously and promptly;
- Coordinates regularly with others to enhance interdepartmental efficiency;
- Performs additional duties as required by the classification.
REQUIRED KNOWLEDGE SKILLS AND ABILITIES:
- Comprehensive knowledge of current practices and principles used in the development, implementation, monitoring, and administration of municipal budgets;
- Comprehensive knowledge of Generally Accepted Accounting Principles;
- Thorough knowledge of financial office procedures and practices;
- Thorough knowledge of the functions of government in a municipality;
- Thorough knowledge of accounts payable and payroll processes;
- Thorough knowledge of budget preparation within a municipality;
- Ability to interpret accounting reports and records and to analyse accounting data for control and reporting purposes;
- Ability to interpret department requests and needs and translate all related variables into budgetary development;
- Ability to handle confidential and administrative information with tact and discretion;
- Ability to supervise, train, and evaluate the work of others;
- Ability to communicate effectively with others, both orally and in writing, using both technical and non-technical language;
- Ability to understand and follow oral and/or written policies, procedures, and instructions;
- Ability to prepare and present accurate and reliable reports containing findings and recommendations;
- Ability to operate or quickly learn to operate a personal computer using standard or customised software applications appropriate to assigned tasks;
- Ability to use logical and creative thought processes to develop solutions according to written specifications and/or oral instructions;
- Ability to perform a wide variety of duties and responsibilities with accuracy and speed under the pressure of time-sensitive deadlines;
- Ability and willingness to quickly learn and put to use new skills and knowledge brought about by rapidly changing information and/or technology;
- Integrity, ingenuity, and inventiveness in the performance of assigned tasks.
ACCEPTABLE EXPERIENCE AND TRAINING:
- Graduation from an accredited college or university with a Bachelor’s Degree in Public Administration, Accounting, Finance, or related;
- Three to five years of related experience in budgetary development, auditing, accounting operations, and related; or
- Any equivalent combination of experience and training which provides the knowledge, skills, and abilities necessary to perform the work.
REQUIRED SPECIAL QUALIFICATIONS: None.
ESSENTIAL PHYSICAL ABILITIES:
- Sufficient clarity of speech and hearing or other communication capabilities, with or without reasonable accommodation, which permits the employee to communicate effectively;
- Sufficient vision or other powers of observation, with or without reasonable accommodation, which permits the employee to review a wide variety of written materials in both electronic and hardcopy formats;
- Sufficient manual dexterity, with or without reasonable accommodation, which permits the employee to operate a personal computer and related equipment;
- Sufficient strength and endurance, with or without reasonable accommodation to lift, carry and move objects, through a full range of motion, up to 10 pounds occasionally, 5 pounds frequently and 2 pounds consistently;
- Sufficient personal mobility and physical reflexes, with or without reasonable accommodation, which permits the employee to function within the general office environment.
FINANCIAL ANALYST I (PART-TIME) - HEALTH in Manchester employer: City of Manchester
Contact Detail:
City of Manchester Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FINANCIAL ANALYST I (PART-TIME) - HEALTH in Manchester
✨Tip Number 1
Get to know the company! Research the City of Manchester and its financial operations. Understanding their values and goals will help you tailor your responses during interviews and show that you're genuinely interested.
✨Tip Number 2
Network like a pro! Connect with current or former employees on LinkedIn. A friendly chat can give you insider info about the role and the team, plus it might just get your foot in the door.
✨Tip Number 3
Practice makes perfect! Prepare for common interview questions related to financial analysis and budgeting. Use examples from your past experiences to demonstrate your skills and how they align with the job requirements.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a thank-you email expressing your appreciation for the opportunity. It’s a great way to reinforce your interest in the position and keep you top of mind.
We think you need these skills to ace FINANCIAL ANALYST I (PART-TIME) - HEALTH in Manchester
Some tips for your application 🫡
Take Your Time with the Profile: When you click 'Apply' for the first time, you'll need to create a Profile. Don’t rush this part! It’s your chance to showcase who you are and will save you time for future applications.
Follow the File Format Guidelines: Make sure to upload your documents in the specified formats like .pdf or .docx. Keep an eye on the file size too – it should be less than 10 MB. This helps us process your application smoothly!
Double-Check Your Application: Before hitting 'Submit', take a moment to review everything. Ensure all your details are correct and that you've clicked both 'I Agree' boxes. A little extra care can make a big difference!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way to ensure your application gets to us without any hiccups. Plus, it keeps everything organised for future opportunities!
How to prepare for a job interview at City of Manchester
✨Know Your Numbers
As a Financial Analyst, you'll be dealing with budgets and financial data. Brush up on key financial concepts and be ready to discuss your experience with budget preparation and analysis. Use specific examples from your past roles to demonstrate your expertise.
✨Research the City’s Financial Practices
Familiarise yourself with the City of Manchester's financial operations and any recent budgetary changes or initiatives. This shows your genuine interest in the role and helps you tailor your answers to align with their goals and challenges.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially in budget management and financial reporting. Practice articulating how you would handle hypothetical situations, such as resolving discrepancies in accounts or preparing reports under tight deadlines.
✨Showcase Your Communication Skills
Effective communication is key in this role. Be prepared to explain complex financial concepts in simple terms. During the interview, demonstrate your ability to communicate clearly and confidently, both verbally and in writing, as this will be crucial when liaising with other departments and stakeholders.