Arkansas Department of Finance & Administration
45,010.00 - $58,513.00 per yea
The Financial Analyst II is responsible for performing complex duties involved in compiling, analyzing, and reporting financial performance. This position is governed by state and federal laws and agency policy.
Analyzes financial information to produce forecasts of business, industry, and economic conditions for use in making investment decisions. Maintains knowledge and stay abreast of developments in the fields of industrial technology, business, finance, and economic theory. Interprets data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences. Monitors fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies, trade publications, company sources, and personal interviews. Recommends investments and investment timing to companies, investment firm staff, or the investing public. Determines the prices at which securities should be syndicated and offered to the public. Evaluates and compare the relative quality of various securities in a given industry. Presents oral and written reports on general economic trends, individual corporations, and entire industries. Performs other duties as assigned.
Special Job Dimensions
Occasional overnight travel is required.
Knowledge, Abilities, and Skills
Knowledge of economic and accounting principles and practices, the financial markets,banking and the analysis and reporting of financial data. Knowledge of mathematics and statistical analysis. Ability to analyze financial reports, financial statements, and other records to evaluate thecurrent financial condition of a company or feasibility of financial proposals. Ability to read and understand information and ideas presented in writing. Ability to apply general rules to specific problems to produce accurate resolutions.
Minimum Education and/or Experience
The formal education equivalent of a bachelor's degree in accounting, finance, business administration, or a related field; plus three years of experience in financial analysis or management.
Experience with Microsoft Office and proficient in Excel spreadsheets.
Two years of experience in the review, analysis, and preparation and/or monitoring of grants.
Knowledge of federal and state laws and agency standards concerning federal grant funding.
Ability to interpret state and federal laws and regulations and agency standards concerning grant
Ability to research, analyze, and evaluate information and prepare reports.
Ability to maintain accurate spreadsheets and supporting documentation for financial reports.
One year of experience using AASIS or other SAP accounting software.
Certificates, Licenses, Registrations
Must possess a valid Arkansas driver’s license. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.
Agency Specific Information
Office of the Chief Financial Officer
Special Work Condition
This position will monitor the fiscal aspects of multiple federal grant programs.
Prepare timely quarterly and annual financial reports for submission to sponsoring agency as required by award agreement.
Completes quarterly adjustment entries for indirect cost allocation.
Prepare daily calculation of funds to be drawn for both direct and indirect costs and maintain cash on hand reconciliations for grants by program code and fund.
Maintain grant files for audit.
Maintain grant database coding to ensure expenditures and revenues are posted to the correct grant award.