Financial Analyst

Financial Analyst

The Department of Finance is looking for a unique person to join our team. This position would be responsible for handling the following duties :

• Review the annual continuing disclosure tables prepared by the Public Utilities and Public Works Finance Officers.
• Analyze and monitor bond proceed spending in coordination with the State Non-Arbitrage Program (SNAP) administrator to ensure compliance with the Internal Revenue Code general arbitrage rebate rules related to tax-exempt bonds.
• Coordinate with Departments to ensure adherence with the City's Post-issuance Compliance Policy and Procedures.
• Responsible for updating and maintaining accurate and complete debt management records in DebtBook software, serves as SME.
• Coordinate with bond counsel and evaluate leases, management contracts and land sales related to tax-exempt bond funded projects for potential private use or private payments which could jeopardize IRS tax-exempt status of City bonds.
• Prepare ad hoc projections and analyses of future bond issuance to ensure adherence to Debt Management Financial Policies in coordination with municipal advisor.
• Assist in the preparation of financing documents including official statement and credit rating presentation.
• Assist in the preparation of notes, schedules, tables and workpapers for the Annual Comprehensive Financial Report (ACFR).
• Assist in the evaluation of public private partnerships under consideration by the City, in coordination with the City Attorney's Office and bond counsel.
• Responsible for preparing and timely filing of continuing disclosure notices on Municipal Securities Rulemaking Board (MSRB) Electronic Municipal Market Access (EMMA) website as required by U.S. Securities and Exchange Commission (SEC) Rule 15c2-12.
• Prepare debt-related transmittal forms / schedules for the annual submission to the Auditor of Public Accounts.
• Prepare, review and update policy and procedures manual.

The City offers a generous benefits package such as health, dental and life insurance, retirement, and savings plans. Other key benefits include :