FINANCIAL ANALYST 2

DEPARTMENT OF ECONOMIC SECURITY

Your Partner For A Stronger Arizona.

DES works with families, community organizations, advocates and state and federal partners to realize our collective vision: A thriving Arizona.

DES serves more than 3 million Arizonans. Our Mission is to strengthen individuals, families, and communities for a better quality of life.

FINANCIAL ANALYST 2

Division of Benefits and Medical Eligibility (DBME)
Business Operations
1789 West Jefferson Street, Phoenix, Arizona 85007

Salary: $32.2597/Hourly ($67,100.18 Annually)

Grade: 21

Closing Date: November 05, 2024

Would you like to be part of an amazing team that helps Arizonans thrive? At the Department of Economic Security (DES) we strengthen individuals, families, and communities for a better quality of life. DES is looking for individuals who are committed to service, community, and teamwork. To learn more about DES please visit des.az.gov; or click on the link here to view ‘Our DES’ video. Come Join the DES Team!

The Department of Economic Security, Division of Benefits and Medical Eligibility is seeking an experienced and highly motivated individual to join our team as a Financial Analyst 2 for the Business Operations. This position provides financial expertise to division and programmatic management, federal and other granters on financial matters pertaining to assigned programs, including budget, cash management, reconciliation, compliance with state and federal regulations, federal reports, forecasts, and monitoring for assigned programs. The Financial Analyst 2 acts as the single point of contact for assigned programs, is distinguished by the greater scope and complexity of analysis and assigned work, the increased level of responsibility and less oversight.

This position may offer the ability to work remotely, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State’s Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, should be performed within Arizona unless an exception is properly authorized in advance.

Essential Duties and Responsibilities include but are not limited to:

• Researching and analyzing expenditure and revenue trends for the purpose of reporting fiscal position, preparing external and internal reports, and preparing forecasts.
• Determine funding needs of programs and communicate transactions information to FSA liaison including transfers, draw downs, deposits, journal vouchers, expenditure corrections, expense budget loads and modifications, appropriation loads and modifications, and other documents.
• Provide guidance and customer support. Attend formal and informal meetings to ensure proper knowledge of assigned programs and adequate communication with programmatic personnel. Prepare appropriate materials for meetings.
• Identify, research, review, analyze and establish possible impacts of proposed/pending federal and State legislation policy changes, or funding modifications for assigned areas.
• Develop and maintain fiscal summary information/resource information for assigned areas including data such as case load statistics, historical funding patterns, fund sources, etc. Prepare in-depth cost-benefit analyses, break even analyses, etc.

Knowledge of:

• Governmental accounting and fiscal principles.
• Statistical analysis theory.
• Appropriate data gathering, summarization methods and report preparation.

Skills in:

• Problem identification and identification of solutions.
• Analysis and interpretation of financial reports.
• Performing complex, and difficult work using independent judgment.

Ability to:

• Do difficult analytic work.
• Write reports.
• Work with limited direction, independently as well as in a team.

The ideal candidate for this position will have:

• A Bachelor’s degree in accounting, finance, economics or business administration.
• OR a Master’s of Business Administration, Public Administration, or related field such as accounting, finance or economics.
• OR two years of complex administrative work experience in budget preparation, analysis, and control, funding, financial reporting or related specialties.

• This position may require driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply: Driver’s License Requirements.
• Successfully pass background and reference checks; employment is contingent upon completion of the above-mentioned process and the agency’s ability to reasonably accommodate any restrictions.
• All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).

The Arizona Department of Economic Security offers a comprehensive benefits package to include:

• Affordable medical, dental, life, and short-term disability insurance plans
• Participation in the Arizona State Retirement System (ASRS) and long-term disability plans
• 10 paid holidays per year
• Vacation time accrued at 4.00 hours bi-weekly for the first 3 years
• Paid Parental Leave-Up to 12 weeks per year paid leave for newborn or newly-placed foster/adopted child (pilot program).
• Sick time accrued at 3.70 hours bi-weekly
• Deferred compensation plan
• Wellness plans
• Tuition Reimbursement
• Stipend Opportunities
• Infant at Work Program
• Rideshare and Public Transit Subsidy
• Career Advancement & Employee Development Opportunities
• Flexible schedules to create a work/life balance

By providing the option of a full-time or part-time remote work schedule, employees enjoy improved work/life balance, report higher job satisfaction, and are more productive. Remote work is a management option and not an employee entitlement or right. An agency may terminate a remote work agreement at its discretion.

Learn more about the Paid Parental Leave pilot program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page

State employees are required to participate in the Arizona State Retirement System (ASRS), the State sponsored retirement contribution plan and the Long-Term Disability (LTD) program after a 27-week waiting period. The ASRS defined benefit plan provides for life-long income upon retirement. You will also have the option to participate in a voluntary deferred compensation program to take advantage of tax-deferred retirement investments.

On, or shortly after, your first day of work you will be provided with additional information about the available insurance plans, enrollment instructions, submission deadlines and effective dates.

For questions about this career opportunity, please contact Jennifer Honhoinewa at [email protected].

The State of Arizona is an Equal Opportunity/Reasonable Accommodation Employer. Persons with a disability may request a reasonable accommodation such as a sign language interpreter or an alternative format by contacting 480-356-6674. Requests should be made as early as possible to allow time to arrange the accommodation.