City of Federal Way
Financial Analyst
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Job Description
JOB *The Finance Department works in office Monday through Friday from 8am-5pm. Remote work is generally limited to reasonable exceptions.*
Under the general supervision of the Finance Director, perform professional accounting and financial analysis functions including: the preparation of financial statements and reports; internal audits; financial analysis; cost allocation and rate models; and cash management, budget preparation and investing functions.
EXAMPLE OF DUTIES
Perform a variety of professional-level accounting functions and financial analysis for the City; serve as a technical resource to other City staff on a variety of budgeting, accounting, and analytical needs.
Prepare financial statements for the City, including research and analyze data, resolve differences, prepare corrections, compile statements, and required footnotes, statistic tables, schedules, and other supplemental information as required.
Assist in the preparation of the City’s budget: review and understand department budgets for each functional area; check budget submittal for reasonableness and accuracy; follow up with departmental staff for additional information; provide general assistance to departments.
Assist with the maintenance of chart of accounts: set up new accounts and related system codes based on state prescribed account coding strategies; delete obsolete or old accounts that are no longer needed in the system; ensure changes are consistent and correct for financial system and other interfacing systems.
Assist with banking and treasury functions: perform complex monthly bank reconciliations, prepare analysis and journal entries related to investments. Prepare daily, weekly, or monthly activity entries.
Prepare journal entries for City accounts: review monthly transactions for reasonableness and accuracy; prepare appropriate journal entries to record activity and correct discrepancies and errors.
Prepare a variety of special reports and analyses as requ...
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