Financial Analyst II
City of Detroit
Financial Analyst II
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Financial Analyst II
Salary
$60,284.00 - $80,909.00 Annually
Location
Michigan, MI
Job Type
Certified-Regular Civil Service
Job Number
20240313205102VFOOCFOJS
Department
Off Chf Financial Officer
Division
Valuation & Field Operati
Opening Date
01/28/2025
Closing Date
2/7/2025 11:59 PM Eastern
Bargaining Unit
9001-Non Union Hourly Regular Service General
+ Description
+ Benefits
+ Questions
Description
Be a Part of the City You Love!
The Office of the Chief Financial Officer - Assessors Office is accepting applications for a Financial Analyst II position.
Position Summary
The Financial Analyst II performs an expanding range of professional analyst assignments in a developmental capacity .
Examples of Duties
+ Collect and analyze a broad range of commercial and industrial market data for various departmental uses.
+ Assist staff and section manager in preparing market studies, land tables, economic condition factors.
+ Implement analysis results in CAMA software utilized by the City of Detroit Assessing department.
+ Prepare valuation reports, analysis, and recommended resolutions for the purpose of Michigan Tax Tribunal (MTT) cases. Testify at hearings to conclusions of value as needed.
+ Review permits, certificates of occupancy and other departments’ datasets that will assist in ensuring the accuracy of the assessment roll.
+ Prepare and review quality control reports and provide feedback to staff.
+ Assist taxpayers, developers, department leaders, and other agency’s representatives with various inquiries pertaining to commercial and industrial properties.
+ Maintain/Obtain all licenses and certifications required by Assessing department to operate as an Financial Analyst II with the commercial, industrial and personal property section, such as Michigan Certified General Appraiser’s license, Michigan Advanced Assessing Officer certification, etc.
+ Develops, implements, monitors, and ensures compliance of financial and operational performance measures based on guidance and instructions provided by the supervisor.
+ Analyzes and reviews as a part of a team or with guidance from higher level Financial Analysts prior year expenditures, grant balances, and fund sources and prepares detailed financial forecasts, cost projections, and recommendations based on actual results.
+ Prepares, provides, and responds to routine and non-controversial requests and inquiries regarding financial, expenditure, revenue/fund status, appropriation transfers, supplemental appropriations, and variance reports to management to enable financial and budgetary monitoring and control.
+ Evaluates monthly financial and operational performance against plan, prior year, and forecast.
+ Identifies and advises higher level Financial Analysts or on occasion, agency or departmental staff on budget overruns, revenue shortfalls, and other financial problems; recommends options and solutions; and works with the supervisor to resolve problems.
+ Draws charts and graphs, using computer spreadsheets, to illustrate technical report.
+ Compiles and analyzes accounting records and other data to determine the financial resources required to implement a program.
+ Performs special projects and other duties as assigned.
Minimum Qualifications
Education
For all Financial Analysts it is a requirement to have completed a bachelor’s degree from an accredited college or university, with major course of work in accounting, business, public administration, or a closely related field. Such education must include at least twenty-four (24) semester (36 terms) credits of coursework in accounting, finance, or economics.
In addition, Financial Analysts with a master’s degree, such as Master in Business Administration , Master in Finance , Masters in Economics , and other appropriate and related courses of study meet the minimum experience required for Financial Analyst II.
Experience
In addition to the minimum education requirements, the following experience requirements also apply:
For entry into the Financial Analyst position, one (1) year of professional experience providing a systematic review, analysis, interpretation, and evaluation of budgets, loans or other financial data is preferred but not required . Financial Analyst must demonstrate proficiency with integrated word processing and spreadsheet functions.
For selection , appointment to a Financial Analyst level II or higher, in addition to the minimum education requirements, more progressive levels of experience are required based on the following:
Financial Analyst II – at least two (2) years of experience
Equivalency
Equivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis.
Supplemental Information
Evaluation Plan
+ Interview: 70%
+ Evaluation of Training, Experience & Personal Qualifications: 30%
+ Total of Interview and Evaluation T.E.P: 100%
Additional points may be awarded for:
+ Veteran Points: 0 – 15 points
+ Detroit Residency Credit: 15 points
LRD:01/22/2025
EMPLOYMENT BENEFITS
The City of Detroit offers a competitive and comprehensive employee benefit package. We pride ourselves on the longevity of our employees. Part of the reason for the low turnover rate is the exceptional benefit package listed below. Benefits include, but are not limited to the following:
HEALTH
+ Medical - Eligible for hospital, surgical, and prescription drug benefits.
+ Dental
+ Vision
INSURANCE
+ Life Insurance - Optional group insurance available to employee and their family. The City pays 60% of premium for first $12,500 of employee life insurance. Employee may purchase, at own expense, life insurance for spouse and each dependent.
+ Long-Term Disability Insurance (Income Protection Plan) - The City offers disability insurance through payroll deductions for persons who become disabled and who are not yet eligible for a service retirement.
PAID TIME OFF
+ Sick Leave
+ Vacation
+ Holidays
OTHER LEAVE BENEFITS
The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave,
RETIREMENT BENEFITS
City Employees Retirement System
As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after:
• Completion of thirty (30) years of service;
- At age sixty (60) if you have at least ten (10) years of service, or
- At age sixty-five (65) with eight (8) years of service.
• In the event of disability, other eligibility rules apply);
- An early, actuarially reduced, retirement is offered after you have attained at least twenty-five (25) years of service;
• Employees are vested after ten (10) years of service, regardless of age.
ADVANCEMENT OPPORTUNITIES - Employees have many opportunities for growth and career advancement throughout all City departments and divisions.
Have a successful career with the City of Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit.
01
Please indicate your highest level of education completed
+ High School Diploma/GED
+ Associate's Degree
+ Bachelor's Degree
+ Master's Degree
+ PhD/J.D.
+ No Education experience
02
How many years of professional experience do you have providing a systematic review, analysis, interpretation, and evaluation of budgets, loans or other financial data?
+ 0 - 1 Year
+ 2 - 5 Years
+ 6 Years or more
03
Describe your professional experience providing a systematic review, analysis, interpretation, and evaluation of budgets, loans or other financial data below.
04
Describe your proficiency with integrated word processing and spreadsheet functions below.
Required Question
Employer
City of Detroit
Address
Coleman A. Young Municipal Center 2 Woodward Ave ste 316 Detroit, Michigan, 48226
Website
http://www.detroitmi.gov/Detroit-Opportunities/Find-A-Job
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