Financial Analyst I/II, Modesto, California

The Modesto Irrigation District is currently recruiting to fill one full-time regular position in the Planning and Pricing Department, Finance Division, to perform a variety of professional and complex analysis in support of specialized financial activities, preparation of forecasts and reports, conduct of rate studies and forecasting, collect and analyze business performance data; collect and analyze energy market and risk data and to serve as a resource to managers, supervisors, and employees on financial matters.

DISTINGUISHING CHARACTERISTICS

Financial Analyst I - This is the entry level class in the Financial Analyst series. Positions in this class typically have little or no directly related work experience. The Financial Analyst I class is distinguished from the II level by the performance of less than the full range of duties assigned to the II level. Incumbents work under general supervision while learning job tasks, progressing to direction as procedures and processes of assigned area of responsibility are learned.

Financial Analyst II - This is the journey level class in the Financial Analyst series and is distinguished from the Financial Analyst I by the assignment of the full range of duties. Employees at this level receive only occasional instruction of assistance as new, unusual or unique situations arise and are fully aware of the operating procedures and policies within the work unit. Positions in this class are flexibly staffed and are normally filled by advancement from the I level.

SUPERVISION RECEIVED AND EXERCISED

Financial Analyst I: Receives general supervision from a higher level supervisor or manager. Financial Analyst II: Receives direction from a higher level supervisor or manager.

Any Qualified Individual May Apply. This is a non-exempt position and is allocated to the Administrative, Technical, and Clerical Bargaining Unit. The list established as a result of this recruitment may be used to fill other Financial Analyst I/II vacancies that may occur within the District through November 30, 2021

Examples of Duties:
Duties may include, but are not limited to, the following:

• Perform professional technical and analytical work in the areas of financial analysis and cash based forecasting.
• Develop analytical models, business reporting and other tools to identify trends and provide useful control mechanisms on various aspects of business processes.
• Collect and report operating and financial data needed for performance management reporting and performance improvement projects from a variety of corporate systems, databases and other sources.
• Prepare reports for use in preparation of the District's annual budget, mid-year review, and year end summary.
• Assist in the maintenance of the District's financial model and review various proposed District projects and provide economic analyses.
• Develop and utilize computer models, applications and databases in the performance of assigned duties; perform load research studies.
• Provide assistance and advice to District divisions in resolving financial issues related to areas of assignment; develop and deliver staff presentations.
• Coordinate the posting of margin with MID's wholesale energy counterparties and clearing brokers.
• Provide technical support in the settlement of financial energy trades and administration of trading contracts and Rate Tariff updates.
• Assist with risk management activities including the analysis of risks and opportunities related to District projects and operations.
• Build and maintain positive working relationships with co-workers, other District employees, outside agencies and the public using principles of good customer service.
• Perform related duties as assigned.

Typical Qualifications:

Any combination of experience and training that would provide the required knowledge and abilities is qualifying. A typical way to obtain the required knowledge and abilities would be:

Financial Analyst I

Knowledge of:

• Statistical research and analysis techniques.
• Basic principles of budgeting, forecasting, and financial planning.
• Principles and practices of safety management.
• Principles and practices of technical report preparation.
• Modern office equipment including the use of applicable computer software.
• Principles and practices of effective customer service.

Ability to:

• Perform professional duties in the analysis of a variety of financial and accounting data.
• On a continuous basis, know and understand all aspects of the job; intermittently analyze work papers, reports and special projects; identify and interpret technical and numerical information; observe and problem solve operational and technical policy and procedures.
• Learn pertinent local, State and Federal laws, rules and regulations especially as they relate to accounting, auditing, assessment and reporting requirements.
• Assist with the conduct of rate studies and other financial studies.
• Learn to perform financial planning and economic analysis.
• Prepare and present technical financial information in a meaningful way.
• Collect data from various applications and transform that data into meaningful information to support business decision making.
• Learn to perform computerized modeling and forecasting.

• Operate and use modern office equipment including a computer and applicable software.
• Establish and maintain effective working relationships with those contacted in the course of work.
• Communicate clearly and concisely, both orally and in writing.

Experience: One year of professional financial forecasting and budgeting experience.

Education: Equivalent to a Bachelor's degree from an accredited college with major course work in Finance, Accounting, Mathematics or a related field.

Special Requirement: Possession of a valid California Class C drivers license.

Financial Analyst II

Knowledge of:

• Principles of budgeting, forecasting, financial planning, modeling and economic analysis.
• Complex statistical research and analysis techniques.
• Pertinent local, State and Federal laws, rules and regulations.

Ability to:

• Independently perform professional duties in the analysis of a variety of complex financial and accounting data.
• Conduct rate studies and other financial studies.
• Perform financial planning and economic analysis.
• Perform computerized modeling and forecasting.
• Monitor assigned accounting and financial analysis activities including compliance with local, State, and Federal requirements and professional standards.
• Effectively provide technical support to District divisions and staff.

Experience: Three years of progressively responsible experience similar to Financial Analyst I with the District.

Education: Equivalent to a Bachelor's degree from an accredited college with major course work in Finance, Accounting, Mathematics or a related field.

Special Requirement: Possession of a valid California Class C drivers license.

Supplemental Information:
Qualified applicants must submit a completed District application. APPLY IMMEDIATELY. The recruitment will close upon receipt of a sufficient number of qualified applicants. Application screening will begin on or after December 18, 2020. Applications received after this date are not guaranteed consideration.

Applications will be reviewed on a comparative basis and only those most qualified will be invited to continue in the selection process which will consist of an overall assessment of the individual's skills through (1) written exam; (2) oral interview; and (3) contacting of references to include current and former supervisors. The applicant must perform successfully in each phase of the testing in order to continue in the selection process.

THE SUCCESSFUL APPLICANT WILL BE REQUIRED TO PROVIDE VERIFICATION OF HIGH SCHOOL DIPLOMA OR GED AND APPLICABLE HIGHER EDUCATION DEGREE, PASS A MEDICAL EXAM INCLUDING A DRUG AND ALCOHOL SCREEN, AND A COMPLETE BACKGROUND CHECK PRIOR TO BEGINNING WORK.

Applicants requiring necessary accommodations to the application process may contact Human Resources at (209) 526-7341. California Relay Service is available at (800) 735-3933 voice and (800) 735-2929 TDD. The Modesto Irrigation District is an Equal Opportunity Employer. All qualified applicants are encouraged to apply.