Los Angeles County Development Authority - Alhambra, CA
posted about 2 months ago
The Budget and Financial Analyst III position at the Los Angeles County Development Authority (LACDA) is a critical role responsible for developing, analyzing, and monitoring budget plans to ensure efficient resource allocation. Under general supervision from assigned supervisory and/or management personnel, the analyst will prepare detailed financial reports, Board Letters, and Funding Agreements, while also monitoring expenditures. This position requires collaboration with various internal departments and external organizations to support the financial health of LACDA. The agency, established in 1982, focuses on generating affordable housing and economic redevelopment throughout Los Angeles County and its participating cities, primarily funded through federal grants. The role is divided into two immediate vacancies within the Community Development Division (CDD) and the Finance and Budget (FAB) Division. The CDD implements strategic programs aimed at promoting economic well-being, particularly in unincorporated areas, while the FAB division is responsible for budget preparation, administration, and providing timely financial information to stakeholders. The analyst will proactively monitor budget implementation, ensure compliance, manage budget allocations, and conduct financial analyses to identify trends and opportunities for cost savings. Additionally, the position involves preparing internal and external billings, conducting cost-benefit analyses, and assisting in financial audits. Candidates must possess strong analytical skills, knowledge of budget development principles, and the ability to communicate effectively. The position requires proficiency in Microsoft Office products, particularly Excel, and experience with financial systems such as PeopleSoft. The analyst will also provide training and guidance to division analysts and assist in the development of financial software and tools. This role is essential for maintaining the financial integrity of the LACDA and ensuring that resources are allocated effectively to meet the agency's goals.