Financial and Business Operations Analyst (Program Analyst IV)-City of Detroit

Job Description

Job Title: Financial and Business Operations Analyst (Program Analyst IV)

Company: City of Detroit

Location: Detroit, MI

Pay: $83583 – 109625 per year

AI Pay Analysis: The hourly rate for the Financial and Business Operations Analyst position, which translates to an annual salary range of approximately $83,583 to $109,625, is generally competitive for the Detroit, MI area. This salary aligns well with industry standards for similar roles in financial analysis and business operations, particularly for a Program Analyst IV level, which typically requires 5-7 years of experience. According to current data, salaries for comparable roles in Detroit often range from $70,000 to over $120,000 annually, depending on factors like specific industry, company size, and individual qualifications. Therefore, this compensation package appears to be attractive and in line with market expectations for the role and location.

Job description:

This Program Analyst IV – OCFO position will serve as a "Financial and Business Operations Analyst" within the City of Detroit Treasury Department, reporting directly to the City Treasurer and/or the Associate Deputy Director of Strategic Finance & Analytics. The successful candidate will possess a solid understanding of fundamental budgetary, financial, and accounting management principles and techniques related to the long-term management of programs and departmental operations.

The responsibilities of this role encompass a range of skills, including but not limited to, strategic planning and budgeting; financial and accounting analysis and reporting; the creation and maintenance of financial models; forecasting; procurement management; proficiency in financial/ERP software systems; effective coordination of deliverables, deadlines, and expectations; as well as strong written and verbal communication abilities for the development of presentations and reports.

Candidates should have familiarity with the substantive nature of agency programs and activities, including agency missions, policies, objectives, management principles, and processes. Additionally, applicants should be well-versed in analytical and evaluative methods and techniques for assessing program development or execution, aimed at enhancing organizational effectiveness and efficiency.

Key Duties and Responsibilities:

• Provide financial and accounting support across the Treasury division, including the creation and review of journal entries for debt management and strategic finance.
• Advise and collaborate with the Department of Innovation and Technology on automating processes to enhance the efficiency of administrative support and program operations.
• Analyze and evaluate program operations to determine their effectiveness in meeting established goals and objectives, using both quantitative and qualitative measures.
• Assess the impact of new or proposed legislation or regulations on program operations and management.
• Prepare and submit information related to annual audits, including necessary analyses.
• Manage and track budget activities, including monthly budget vs. actual reports and the annual budget process.
• Coordinate efforts with other City departments, stakeholders, and external partners.
• Conduct cost analyses for projects and perform cost-benefit evaluations of current or proposed programs.
• Develop and modify administrative program policies, regulations, goals, or objectives.
• Oversee Freedom of Information Act (FOIA) requests and manage requisition coordination.
• Conduct field surveys and routine research related to budgetary, legislative, or management studies, and analyze actual expenditures compared to the budget or public policy issues.
• Manage procurement processes, including the creation and processing of Requests for Proposals (RFPs), vendor contract management, and procurement submissions.
• Assist federal, state, and local agency officials in the development of proposals and preparation of program plans and application documents.
• Receive and analyze financial-related information from the Departmental Financial Services to assess program effectiveness.
• Provide support for Revenue Estimation Conferences, including logistics and coordination.
• Review audit and investigative reports to identify necessary changes or corrective actions.
• Manage administrative tasks for the Treasurer and Deputy, including processing invoices, travel coordination, and event planning for the Mayor’s office.
• Utilize data collection and analysis techniques to evaluate individual programs and provide oral and written reports to management for decision-making processes.
• Support financial and accounting documentation related to vehicle IPA tracking.
• Undertake special projects and other duties as assigned.

Minimum Qualifications:

• Education: A bachelor’s degree from an accredited college or university in business administration, public administration, public policy, economics, finance, accounting, urban studies, information technology, or a closely related field.
• Experience: A minimum of four (4) years of experience in project management-related activities or in systematically reviewing, analyzing, interpreting, and evaluating grants or other financial/operational data. Proficiency in integrated word processing and spreadsheet functions is also required.

Equivalency:
Equivalent combinations of education and experience may be considered to satisfy the requirements of this position.

Evaluation Plan:

• Interview: 70%
• Evaluation of Training, Experience & Personal Qualifications: 30%
• Total Evaluation: 100%
  Additional points may be awarded for:
• Veteran Points: 0 – 15 points
• Detroit Residency Credit: 15 points

Employment Benefits:
The City of Detroit offers a competitive and comprehensive employee benefits package, contributing to our low turnover rate. Benefits include, but are not limited to:

Health:

• Medical coverage, including hospital, surgical, and prescription drug benefits
• Dental and vision care

Insurance:

• Optional life insurance for employees and their families, with the City covering a portion of the premium
• Long-term disability insurance to protect income for disabled employees not yet eligible for service retirement

Paid Time Off:

• Sick leave, vacation, and holidays

Other Leave Benefits:

• Includes paid and unpaid leaves such as funeral leave, Family and Medical Leave, jury duty, and military duty leave.

Retirement Benefits:
Employees will automatically become members of the General Retirement System, entitling them to a retirement allowance after completing specific service criteria, with options for early retirement.

Advancement Opportunities:
We encourage employee growth and promote career advancement throughout all City departments and divisions.

Join us in experiencing a rewarding career with the City of Detroit, where you play a vital role in delivering exceptional service to our community.

Job Posting Date: Wed, 18 Dec 2024 06:43:11 GMT

Apply now!