Debt and Investment Analyst

Working Title of Vacant Position Debt & Investment Analyst

Job Type : Full Time

Posting Type : Public

Number of Vacancies : 1

Department : FINANCE

Division : FINANCE

Requisition Number : 2025420

Number of hours worked per week : 40+

Work Schedule : Monday Friday, 8 : 00 a.m. 5 : 00 p.m. Employees may be expected to work hours in excess of their normally scheduled hours in response to short-term department needs and / or City-wide emergencies. | Occasionally- Up to 1 / 3 of the time.

Work Site Location : Chesapeake, VA

Position Driving Requirement : N - Never

Pay Basis : Semi-Monthly

Advertised Salary :

$76,968-$101,983; Depending on Qualifications and Experience.

Job Description :

The City of Chesapeake is seeking a skilled professional to perform comprehensive debt and investment portfolio analysis and management. This role is responsible for analyzing, monitoring, and managing the Citys debt portfolio and investment activities. The position provides strategic recommendations, evaluates financial instruments, assesses risk and return profiles, and ensures alignment of debt and investment strategies with the Citys overall financial goals.

The successful candidate will plan, organize, and implement financial programs within major organizational policies and report on progress of key initiatives to executive leadership through detailed reports and presentations.

Key Responsibilities

• Analyze current and potential debt obligations, including bonds, loans, and other financing instruments.
• Monitor and evaluate investment portfolios, market trends, and economic indicators.
• Manage the Citys Other Post-Employment Benefits ( OPEB ) Plan and Pension Plans, including coordination of quarterly OPEB Board meetings, year-end closing entries, and ACFR notes.
• Review and analyze competitive bids from dealers, recommend optimal investment decisions, participate in quarterly Investment Committee meetings, and ensure compliance with the Citys Investment Policy, debt restrictions, and applicable federal and state statutes.
• Assist in the development and execution of multi-year financing strategies.
• Conduct complex financial modeling and scenario planning.
• Support rating agency presentations, capital project financing structures, and long-range financial planning.
• Review, analyze, and monitor financial statements, year-end audit workpapers, and compliance with revenue bond covenants for Public Utilities and the Chesapeake Transportation System.
• Monitor, analyze, and reconcile debt spending and bond draws; prepare bond reallocations as needed.
• Oversee entries, reconciliations, and financial data for long-term debt and OPEB in the General Ledger.
• Research and resolve financial discrepancies.
• Perform other related duties as assigned.

The City of Chesapeake offers an exceptional range of benefits. Please browse our Benefits Brochure for a full list of benefits and employee perks.

PM22

Required Qualifications :

VOCATIONAL / EDUCATIONAL REQUIREMENT : Requires any combination of education and experience equivalent to a bachelors degree in accounting, finance, or a closely related field

EXPERIENCE REQUIREMENT : In addition to satisfying the vocational / education standards, this position requires a minimum of four years of related, full-time equivalent experience.

SPECIAL CERTIFICATIONS AND LICENSES : Certified Public Accountant ( CPA ) or Certified Public Finance Officer ( CPFO ) preferred

SPECIAL REQUIREMENTS : Employees may be expected to work hours in excess of their normally scheduled hours in response to short-term department needs and / or City-wide emergencies. Emergency operations support work and work locations may be outside of normal job duties.

Job Open Date : 09 / 03 / 2025

Open Until Filled : Yes

Special Instructions to Applicants :

Explain directly associated experience with bond financings and investment duties in cover memo.

PI71151338fe17-29952-38460409

Required

Preferred

Job Industries