About This Position

Job Description:

Financial Analyst III

Purpose:

Coordinates and develops budget process deliverables. Provides financial information to management by planning, developing, interpreting, monitoring, processing and reporting financial and budget information for use by management.

Duties, Functions and Responsibilities:

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

• Assists with development of the operating or CIP budget for the department.
• Performs budget analysis by implementing the organization's budget process system, providing guidance and recommendations to management in the development and completion of their budgets; finalizing the organizations budget; and monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances; reviewing budget forecasts; and reviewing current and historical budget information and data.
• Prepares financial analysis, periodic, and ad-hoc reports by researching, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and trends, and compiling financial information from various financial systems.
• Performs debt administration by monitoring debt service schedules.
• Provides financial support and monitors CIP projects. Processes and tracks task orders and other project requirements in eCAPRIS and other financial systems.
• Assists with the development of department’s Business Plan and forecast. Prepares fund summaries to keep management abreast of the financial conditions of the department.
• Develops and maintains computer spreadsheets models and databases to support project data analysis and financial reporting.
• Reviews and approves accounting and financial transactions by verifying documentation and accurately completing transactions.
• Reviews documentation and funding information for accuracy and ensures that transactions are processed in accordance with City policy, applicable laws and regulations, and sound business practices.
• Assists departments and other customers by providing procedural and financial information and guidance with financial systems.
• Researches and provides information requested by City Council, City management, boards and commissions, vendors, the public, regulatory agencies, and other City offices.
• Monitors State and Federal regulatory processes and provides guidance to the department regarding the financial impact of new and/or proposed legislation, regulations, and standards.

Responsibilities - Supervisor and/or Leadership Exercised:

May provide leadership, work assignments, evaluation, training, and guidance to others.

Knowledge, Skills, and Abilities:

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

• Knowledge of the processes and theories used for public budgetary and financial policies.
• Knowledge of accounting practices and concepts.
• Knowledge of internal control systems.
• Knowledge of preferred business practices.
• Knowledge of manual and automated financial systems.
• Knowledge of financial and budget reporting.
• Skill in designing and maintaining complex spreadsheet and database models and utilizing word processing and presentation software.
• Skill in effective oral and written communications.
• Skill in analyzing and interpreting financial records.
• Skill in gathering, analyzing, and presenting data to provide accurate information for management's use.
• Ability to resolve problems or situations that requires the exercising of good judgment.
• Ability to prepare accurate and complex financial reports.
• Ability to establish and maintain good working relationships with other City employees and the public.

Minimum Qualifications:

• Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics, plus four (4) years of experience in a related field.
• Graduation with a Master’s degree in Finance, Accounting, Economics, Business or Public Administration or other relevant field from an accredited college or university may be substituted for two (2) years of experience.
• A five (5) year accounting (MAcy) degree or CPA designation may be substituted for one (1) year of experience.

Preferred Qualifications:

• Experience developing financial forecasts, budgets, and advanced financial models.

• Experience drafting, revising, and implementing financial policies and procedures.

• Advanced proficiency in Microsoft Excel

• Strong quantitative and analytical skills with the ability to convert raw financial data into actionable insights.

• Experience preparing financial and accounting transactions, including accruals, adjustments, and other accounting entries.

• Experience with automated accounting and financial reporting systems.

• Experience generating and editing financial dashboards using Excel, Power BI, or similar data visualization tools.

• Supplemental Questions section:

• Ability to travel to more than one work location

Notes to Candidate:

The Financial Analyst III will be responsible for developing financial forecasts, budgets, and advanced financial models; preparing and reviewing accounting transactions; and performing financial analysis to support informed decision‑making. The role uses automated accounting systems and advanced Excel skills to produce accurate reports and translate raw financial data into actionable insights. This position also supports consistent financial operations by drafting, revising, and implementing financial policies and procedures.

Pay Rate: $37.53 per hour.

Location: 5202 E Ben White Blvd, Austin, TX 78741

Hours: Monday - Friday 8:00am to 5:00pm.

Hours may vary depending on departmental needs and initiatives.

Working for the City of Austin provides a number of health and welfare benefits such as low-cost medical, dental, vision, paid leave time, a highly competitive retirement plan, career development opportunities, and more. Click here for more information on City of Austin Benefits!

When completing the City of Austin employment application:

• A detailed, complete employment application is required. It helps us to better evaluate your qualifications and will be used to determine salary if you are selected for this position.
• Provide each job title and accurate employment dates for all jobs included on the application.
• Your work history should include the duties you performed, any supervisory or lead responsibilities, and any equipment and computer software used.
• The City of Austin employment application is an official document; incomplete applications will not be considered.
• A résumé is required but will not substitute for a complete employment application. Incomplete applications will not be considered.
• A cover letter is also required. In the cover letter, candidates should describe, in concise detail, their interest in this position and highlight any prior experience that is relevant to this position.

Assessment: Yes

• An assessment may be used to evaluate your skills and competencies for this job.

If you are selected as a top candidate:

• Verification of your education (including high school graduation or a GED, and undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited institution or organization, as well as proof of your professional licenses or certifications.
• If you are in the military or a veteran, you will need to provide a copy of your DD-214.
• A Criminal Background Investigation (CBI) is required.

Driving Requirement:

• This position requires a valid Texas Class C Driver's License or the ability to acquire one by your hire date. External New Hires must meet the City of Austin’s Driver Record Evaluation (DRE) requirements. To be considered for a driving position, applicants cannot have more than three moving violations or a total of six Driver Record Evaluation points within a period of thirty-six (36) months.

Travel:

• If you are selected for this position and meet the Driver Safety Standards in the City of Austin Driver Safety Program, you may drive when necessary to multiple locations as part of your regular job duties. Otherwise, you are responsible for getting to and from these locations.

90-day Provision:

This posting may be used to fill additional vacancies that occur within the department.

Applicants are encouraged to apply immediately. Please note that the Department may close the job posting after 7 days.

Important Note to Applicants:
Please be aware that the Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before that date. All application steps, including attachments and submission, must be fully completed before that time.

We also recommend that you save or print a copy of the job posting for your records. Once a posting has closed, it will no longer be viewable in the system.

Office Location Notes: Office location is subject to change based on department needs and programs.

PLEASE NOTE: Austin Arts Culture, Music, and Entertainment positions are not at 100% remote operation.

Video Conferencing Software Technology: Austin Arts Culture, Music, and Entertainment uses the communication platform, Microsoft Teams, to conduct virtual interviews.

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JOIN THE CITY OF AUSTIN TEAM

At the City of Austin, we are more than just an employer—we are a vibrant community dedicated to shaping one of the nation's most dynamic and innovative cities. As we strive to fulfill our commitment as public servants, it is important that we ground our efforts in a set of guiding principles – Empathy, Ethics, Excellence, Engagement, and Equity – that anchor our delivery of services that significantly impact the lives of Austinites. Joining the City of Austin means embarking on a purposeful career, contributing to the community, and being part of a forward-thinking organization that values every employee.

What Makes the City of Austin Special?

• Make a Difference: Join a team driving meaningful change in one of the fastest-growing cities in the nation.

• Value and Innovation: Work in an environment where employees are valued, and innovation thrives.

• Competitive Benefits: Enjoy a comprehensive compensation package that includes generous leave, work-life balance programs, and extensive benefits.

• Retirement Security: Plan for the future with the City of Austin Employees' Retirement System.

• Sustainable Transportation Options: Commute easily with access to public transit and bike-friendly infrastructure.

• Focus on Wellness: Stay healthy through wellness programs, on-site fitness centers, and mental health support.

• Career Growth: Advance your skills and expertise with professional development and leadership opportunities.

• Modern Workspaces: Work in innovative and sustainable environments that foster collaboration and inspiration.

By joining us, you become part of a community that values its people and is committed to making Austin the most thriving and resilient city in the country.

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EEO Statement for City of Austin:

The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS, AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.

City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.