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Financial Analyst

FINANCE
Lynchburg, VA Full Time
POSTED ON 8/14/2024 CLOSED ON 11/9/2024

What are the responsibilities and job description for the Financial Analyst position at FINANCE?

 


 Financial Analyst
GENERAL INFORMATION
Title: Financial Analyst Department: Finance Salary Grade: Schedule F
FLSA Status: Exempt
Site/Location:  Central Office Reports to: Assistant Director of Finance Date: 08/14/2024
POSITION SUMMARY

 

Responsible for assisting in budget and general ledger maintenance.  Position will review and ensure proper financial documentation is provided and internally audit financial transactions.  Provides financial grant management.

 

ESSENTIAL FUNCTIONS
  • Assists in maintaining the general ledger for all funds, including entities in which we serve as fiscal agent.
  • Responsible for financial oversight of grants and reimbursement requests submitted in a timely manner.
  • Prepares monthly bank reconciliations. 
  • Maintains Fixed Assets/Disposition of Equipment & Personal Property.
  • Responsible for processing and recording bank transactions, including daily cash deposits and EDI receipts.
  • Reviews and approves purchasing card financial transactions and their documentations.
  • Oversees school division's accounts receivable and billing, including non-resident tuition.
  • Responsible for unclaimed property submitted to the state.
  • Files quarterly Medicaid reimbursements and the annual cost report.
  • Process CIP payment requests.
  • Serves as backup to the Accounts Payable clerk.
  • Reconciles financial discrepancies by collecting and analyzing general ledger account information. 
  • Maintains financial security by following internal controls.
  • Answers financial procedure questions by researching and interpreting fiscal policy and regulations.
  • Maintains customer confidence and protects operations by keeping financial information confidential.
  • Assist the Chief Financial Officer with budget analysis and audit preparation.
LYNCHBURG CITY SCHOOLS COMPETENCIES
Personal Competencies
  • Honesty
  • Integrity
  • Ethical
  • Equity Minded
  • Emotional Intelligence
  • Cultural Competence
  • Safety
  • Quality
Leadership Competencies
  • Models Excellent Customer Service
  • Thinks Strategically
  • Shows Initiative
  • Acts Decisively
  • Communicates Effectively
  • Works Collaboratively
  • Resolves Conflict Proactively
Functional Competencies
  • Technical Capabilities
  • Computer Literacy
  • Data Analysis and Management
  • Fiscal Planning and Management
  • Project Management
  • Strategic Planning
 
EDUCATION AND EXPERIENCE
  • Holds an undergraduate degree in accounting or finance. Has five or more years of working experience in general ledger accounting. 
  • Prior grant experience preferred.
  • Prior OMEGA experience preferred. 
KNOWLEDGE, SKILLS AND ABILITIES
 
  • Team leadership skills
  • Computer proficiency with the ability to use Microsoft products 
  • Alio experience is a plus
  • Customer Service Skills
  • Data analytical skills  
SUPERVISORY RESPONSIBILITY
  • None 
TRAVEL REQUIREMENTS
  •  None
WORK ENVIRONMENT AND PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to frequently stand; sit; walk; talk or hear; use hands to finger, handle, type, or feel; and stoop, kneel, or crouch.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
AAP/EEO STATEMENT
LCS is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status.
JOB STATUS: OPEN
   
SALARY: Please refer to LCS Employee Pay Scales found here: https://www.lcsedu.net/departments/personnel/employee-pay-scales.
DAYS:  260
START DATE: 22024-25

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