City Of Detroit - Detroit, MI

posted 28 days ago

Full-time - Mid Level
Detroit, MI
Executive, Legislative, and Other General Government Support

About the position

The Financial Analyst Manager IV position within the Office of the Chief Financial Officer (OCFO) of the City of Detroit is responsible for leading and managing the financial operations of various divisions. This role involves overseeing financial analysts, preparing financial statements, budgets, and forecasts, and managing accounting processes. The incumbent will also coordinate the annual audit process, monitor variances, and identify trends for cost reduction while maintaining regular communication with senior management.

Responsibilities

  • Lead and manage financial operations of applicable divisions within the Office of Departmental Financial Services (ODFS).
  • Prepare financial statements, budgets, and forecasting reports.
  • Manage accounting processes and the general ledger.
  • Coordinate and lead the annual audit process.
  • Monitor and analyze variances in the annual budget process.
  • Identify trends, efficiencies, and areas for cost reduction.
  • Communicate regularly with the Deputy Chief Financial Officer (CFO) and other senior management.
  • Supervise strategic planning, financial and operational analysis, and budget preparation.
  • Conduct financial evaluations of agencies and departments.
  • Develop and monitor multi-year operating and capital plans in partnership with City Agencies.
  • Prepare detailed financial forecasts and models, cost projections, and recommendations based on actual results.
  • Analyze accounting records and other data to determine financial resources required for programs.
  • Establish and use performance measures to improve service quality and efficiency.
  • Review cost-benefit analyses and evaluate monthly financial performance against plans and forecasts.

Requirements

  • Bachelor's Degree from an accredited college or university with major course work in accounting.
  • Minimum of five (5) years of total experience, including three (3) years in accounting and two (2) years in a supervisory capacity over accounting teams.
  • High proficiency in Microsoft Excel and ability to process large quantities of data using spreadsheets with formulas.
  • Proficiency in relevant accounting standards and requirements, such as GAAP and GASB financial reporting regulations.

Nice-to-haves

  • Licenses/certifications in Oracle systems, accounting, and/or project management.
  • Experience with a cloud-based financial management system and/or ERP implementation/managed services.
  • Strong technical accounting, analytical, organizational, and problem-solving skills.
  • Excellent communication and interpersonal skills.
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