Financial Analyst 1
Financial Analyst 1
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Job Description
DEPARTMENT OF ECONOMIC SECURITY
Your Partner For A Stronger Arizona.
DES works with families community organizations advocates and state and federal partners to realize our collective vision: A thriving Arizona.
DES serves more than 3 million Arizonans. Our Mission is to strengthen individuals families and communities for a better quality of life.
FINANCIAL ANALYST 1
Division of Financial Operations
Financial Services Administration
1789 West Jefferson Street Phoenix Arizona 85007
Salary: $53040 $56100.09 Annually
Grade: 19
Closing Date: April 24 2025
Would you like to be part of an amazing team that helps Arizonans thrive At the Department of Economic Security (DES) we strengthen individuals families and communities for a better quality of life. DES is looking for individuals who are committed to service community and teamwork. To learn more about DES please visit ; or click on the link here to view Our DES video. Come Join the DES Team!
The Department of Economic Security is seeking an experienced and highly motivated individual to join our team as a Financial Analyst 1. This position is responsible for all forecasting analysis Federal reporting and monitoring of assigned programs which includes preparing a variety of fiscal and operating reports that may involve detailed analysis of financial outlooks spending trends staffing levels and other comprehensive analyses; identifying researching and analyzing possible impacts of proposed legislation and funding modification; and preparing formal bill analyses as well as costbenefit and breakeven analyses. Additionally this position provides financial expertise to Department and programmatic leadership and external partners such as the Governors Office of Strategic Planning and Budgeting (OSPB) and the Joint Legislative Budget Committee (JLBC) on financial budget matters pertaining to assigned programs including budget cash management reconciliation compliance with state and federal regulations federal reports forecasts and monitoring for assigned programs.
This position may be available for remote work within Arizona (one day per week in office/hoteling).
The State of Arizona strives for a work culture that affords employees flexibility autonomy and trust. Across our many agencies boards and commissions many State employees participate in the States Remote Work Program and are able to work remotely in their homes in offices and in hoteling spaces. All work including remote work should be performed within Arizona unless an exception is properly authorized in advance.
Essential Duties and Responsibilities include but are not limited to:
Act as a single point of contact between the Financial Services Administration (FSA) and all assigned areas providing guidance and customer support.
Attend formal and informal meetings to ensure proper knowledge of assigned programs and adequate communication with programmatic personnel.
Prepare appropriate materials for those meetings.
Research and analyze expenditure and revenue trends for the purpose of reporting fiscal position preparing external and internal reports and preparing forecasts.
Determine funding needs of assigned programs and initiate transactions including transfers drawdowns deposits journal vouchers expenditure corrections expense budget loads and modifications appropriation loads and modifications and other like documents.
Identify research review analyze and establish possible impacts of proposed and pending federal and state legislation policy changes or funding modifications for assigned areas.
Develop and maintain fiscal summary information and resource information for assigned areas including data such as case load statistics historical funding patterns and fund sources.
Prepare indepth costbenefit analyses and breakeven analyses.
Knowledge of:
Governmental accounting and fiscal principles; budget and state legislative process.
Principles and practices of business administration including organization theory and management fiscal management and budgetary control.
Statistical analysis and theory; report writing techniques; and general office practices and procedures.
Skills in:
Oral and written communications.
Initiating expenditure corrections; journal vouchers; cash receipts; computer utilization.
Analysis and interpretation of financial data.
Ability to:
Perform difficult and complex analytic work; write and speak with clarity.
Monitor appropriations revenues expenditures; schedule and prioritize assignments; prepare and review federal reports for grants applicable to assigned programs; develop annual budget requests for assigned area and write reports.
Set workflow priorities of assigned area and serve on crossteam task groups as necessary; and use applicable computer programs and software.
Act as a single point of contact for assigned programs.
The ideal candidate for this position will have:
Bachelors degree in accounting Finance Economics Business Administration Political Science or Public Policy with a specialization in Accounting Finance or Economics from an accredited college or university.
If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business then the following requirements apply: Drivers License Requirements. Any employee operating a motor vehicle on State business must possess and retain a current valid classappropriate drivers license complete all required training and successfully pass all necessary drivers license record checks. The license must be current unexpired and neither revoked nor suspended. Employees who drive on state business are subject to drivers license record checks must maintain acceptable driving records and must complete all required driver training. An employee who operates a personally owned vehicle on state business shall maintain the statutorily required liability insurance (see Arizona Administrative Code (A.A.C. R210207.11.
Successfully pass background and reference check; employment is contingent upon completion of the abovementioned process and the Agencys ability to reasonably accommodate any restrictions.
All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (EVerify).
The Arizona Department of Economic Security offers a comprehensive benefits package to include:
Affordable medical dental life and shortterm disability insurance plans
Participation in the Arizona State Retirement System (ASRS) and longterm disability plans
10 paid holidays per year
Vacation time accrued at 4.00 hours biweekly for the first 3 years
Paid Parental LeaveUp to 12 weeks per year paid leave for newborn or newlyplaced foster/adopted child (pilot program).
Sick time accrued at 3.70 hours biweekly
Deferred compensation plan
Wellness plans
Tuition Reimbursement
Stipend Opportunities
Infant at Work Program
Rideshare and Public Transit Subsidy
Career Advancement & Employee Development Opportunities
Flexible schedules to create a work/life balance
By providing the option of a fulltime or parttime remote work schedule employees enjoy improved work/life balance report higher job satisfaction and are more productive. Remote work is a management option and not an employee entitlement or right. An agency may terminate a remote work agreement at its discretion.
Learn more about the Paid Parental Leave pilot programhere. For a complete list of benefits provided by The State of Arizona please visit our benefits page
State employees are required to participate in the Arizona State Retirement System (ASRS) the State sponsored retirement contribution plan and the LongTerm Disability (LTD) program after a 27week waiting period. The ASRS defined benefit plan provides for lifelong income upon retirement. You will also have the option to participate in a voluntary deferred compensation program to take advantage of taxdeferred retirement investments.
On or shortly after your first day of work you will be provided with additional information about the available insurance plans enrollment instructions submission deadlines and effective dates.
For questions about this career opportunity please contact Norma Pina ator .
The Sate of Arizona is an Equal Opportunity/Reasonable Accommodation Employer. Persons with a disability may request a reasonable accommodation such as a sign language interpreter or an alternative format by contactingor . Requests should be made as early as possible to allow time to arrange the accommodation.
Required Experience:
IC
Employment Type
Full-Time
