Principal Financial Analyst

Principal Financial Analyst

Under the general supervision of the Finance Manager, the Principal Financial Analyst supervises the finance activities of the Finance Division, including payroll, budgeting, and financial analysis and reporting, and performs the most complex advanced journey-level financial analyst duties.

The recruitment process will consist of an application screening, 1st round (structured) interview, and 2nd round (selection) interview. The tentative date ranges of the interviews are listed below :

1st Round Tentative Interview Date Range : October 16-23, 2025

2nd Round Tentative Interview Date Range : October 23-30, 2025

Candidates will be notified of their status in the recruitment process via e-mail.

Essential Duties

Supervises the budget and finance functions of the Finance Division; plans, coordinates, and oversees the District's annual operating and capital budget development, analysis, and monitoring; publishes budget guidelines and calendar; conducts analysis of budget revenue and expenditures; prepares and presents the annual and capital budget to the Board of Directors; publishes the completed budget and related documents and presents to the Government Finance Officers Association (GFOA) and California Society of Municipal Finance Officers (CSMFO) for awards.

Develops and implements internal control systems and procedures pertaining to payroll, budgeting, and financial analysis and reporting; oversees and participates in the development and maintenance of financial records and reports.

Provides a variety of complex financial analysis, information, and support to District departments related to all aspects of District business, such as revenue projections and analysis; water and sewer rate analysis, working capital for various funds, staffing and organizational changes, and fiscal impact of policies, programs, initiatives, and Board requests and actions; develops long-range financial forecasts to assist in long-term strategic planning.

Supervises the payroll function, including overseeing and reviewing the processing and reporting of payroll and related records and reports in accordance with District policies, state and federal laws, and employee union agreements.

Coordinates, oversees, and participates in the preparation of monthly, quarterly, and annual reports and audited financial statements and disclosures, such as budget reports, capital projects status reports, State Controller's Report, and comprehensive annual financial report.

Participates in year-end closing and audit activities; prepares year-end water sales accrual schedule; prepares capital lease schedules; reconciles tax receivable and revenue accounts; prepares bond principal and interest payment schedules; supports the Joint Powers Authority closing including reconciling and recording capital projects, allocation between Joint Powers Authority participants and equity accounts.

Performs special projects and assignments in support of the Finance Manager.

Interviews and recommends selection of candidates; establishes performance expectations and standards for the unit; oversees plans and actions for employee development; prepares and conducts employee evaluations; conducts informal counseling on work issues; prepares documentation and improvement plans to address work performance problems / deficiencies, and recommends and implements approved disciplinary actions.

Qualifications

Demonstrated knowledge of and performance in the following areas :

• Generally accepted accounting principles and practices, methods and techniques;
• Principles and practices of governmental budget management;
• Principles and practices of effective training and supervision;
• Methods of economical and statistical analyses;
• Automated accounting systems;
• Business software applications including spreadsheet software;
• District and governmental financial reporting requirements.

Ability to :

Physical and sensory requirements :

Training and Experience Guidelines

Any combination of training and experience, which demonstrates attainment of the required knowledge and ability to perform the required work (with reasonable accommodation, if needed), typically :

Education : Bachelor's degree in accounting, finance, economics, business administration, or a related field.

Experience : Four (4) years of increasingly responsible experience performing complex financial analysis and reporting, including experience with budget development, analysis, and monitoring, preferably including experience in a public sector agency.

It is the policy of the Las Virgenes Municipal Water District to ensure equal employment opportunity to all persons regardless of their race, color, national origin, religion, gender, sexual orientation, mental or physical impairment, ancestry, medical condition, marital status, or age (except where a bona fide occupational qualification). The District will act to ensure equal treatment to all persons in matters affecting recruitment, hiring, promotion, discipline, compensation, assignment, benefits, training, and layoff practices, and any other matters affecting employment with the Las Virgenes Municipal Water District. The same policy applies to all qualified Vietnam-era veterans, disabled veterans or other persons with disabilities that are capable of performing a particular job with reasonable accommodation to their disability.

In compliance with the American with Disabilities Act, if you need special assistance in the selection process please notify the Human Resources Division, in writing, upon applying.

Benefits

Medical Insurance : The District currently covers up to $2,051.18 per month of the monthly premium cost of the offered medical plans and offers a choice of HMO and PPO plans.

Dental Insurance : The District provides dental insurance for employees and their dependents.

Vision Care : The District provides vision care for employees.

Life Insurance : Coverage is provided by the District in the amount of $50,000 plus annual base salary.

Short & Long Term Disability : The District provides coverage for continuation of two-thirds of salary, up to a maximum of $11,292 per month for absences, which qualify under the plans.

Vacation : Initially earned at 4.00 hours per bi-weekly pay period up to a total of 6.46 hours per pay period.

Holidays : The District observes 12 holidays per year.

Sick Leave : Employees earn 8 hours per month.

Deferred Compensation Plan : The District provides 3% of base salary deferred and matched on a dollar for dollar basis into either a 401(a) or a 457(b) plan.

Retirement : Tier I - 2% at 55 for employees defined as "Classic" members by the California Public Retirement System; 7% employee contribution. Tier II - 2% at 62 for new members to CalPERS; Employees contribute 50% of normal cost up to an annual maximum, currently 7.00% of salary up to $155,081. In addition to CalPERS, the District participates in Social Security. The District and employees contribute a required percentage of base wages for Social Security.

Retiree Medical Benefits : The District will contribute 75% of the Kaiser Permanente Traditional HMO plan at the employee only level for employees who retire with at least ten years of service and are at least 55 years of age.

Tuition Reimbursement : Employees may request up to $685 per course for continuing education reimbursement.

Flexible Spending Accounts : Employees may allocate up to $3,300 per year to pre-tax accounts for qualified medical and $5,000 per year