What are the responsibilities and job description for the Financial Analyst position at GRTC Transit System?
SUMMARY
This position serves as the Financial Analyst of the Finance Department. The primary duties of the Financial Analyst include budgeting, pension accounting, and financial reporting. Responsible for assisting with operating and capital budgets, and financial reports, comprehensive worksheets and schedules. Assists with accounting activities within the Finance Department by performing the following duties :
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.
- Develop budget models, guidelines, parameters, schedules and procedures for actual budget preparation.
- Work directly with senior management to resolve budget problems.
- Perform Pension accounting and reconciliations as required. Develop the Pension worksheet and schedules to assist the annual Actuarial Reporting. Assist with the annual Pension audit as necessary.
- Provide management with ongoing forecasts of operating revenues and expenses.
- Report financial and accounting problems to Director of Finance.
- Collect, analyze, and input National Transit Database data for the annual reporting.
- Assist with the development and annual update of the Transit Development Plan (TDP).
- forecasts of operating revenues and expenses as necessary.
- Assist with the maintenance of all accounting records, monitor income, cash flow and expenditures.
- Assist with the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, property, operating expenses, and insurance records.
- Identify and communicate cost reduction opportunities.
- Assist with the preparation of retirement calculations and pension plan administration.
- Monitor changes in legislation or regulations that may affect the company.
- Other duties as assigned.
SUPERVISORY RESPONSIBILITIES. None
QUALIFICATIONS. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and / or Experience
Required Knowledge, Skills, and Abilities essential to Job Functions
The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
SECURITY SENSITIVE POSITION. This position has been identified as a "Security Sensitive" position. GRTC will conduct annual background and credit checks on incumbents in this position. A position is "Security Sensitive" if it's incumbent handles or is responsible for currency, or works in an area of GRTC that has been designated as a security-sensitive area.
PHYSICAL DEMANDS. The physical demands described here are representative of those that must be met by an employee to successfully perform the functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.