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Senior Finance Analyst Jobs in Rochester, MN (NOW HIRING)

The Finance Manager will use proven expertise in financial analytics, forecasting, and insights to ... senior management and work across all levels of an organization. * Comfortable developing analytic ...

Create costs analyses and provide results to assist senior management with decision making or other financial initiatives * Evaluate and make appropriate improvements to internal accounting processes ...

Senior Incentive Analyst

Rochester, MN · On-site

$91K - $121K/yr

The Senior Incentive Analyst is a hands-on role that will play a key part in managing and ... Bachelor's degree in Human Resources, Finance, or related field. * 5+ years of experience in the ...

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Senior Finance Analyst information

See Rochester, MN salary details

$55.9K

$98K

$123K

How much do senior finance analyst jobs pay per year?

As of Jul 20, 2026, the average yearly pay for senior finance analyst in Rochester, MN is $98,013.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,900.00 and $108,300.00 per year, depending on experience, location, and employer.

Is AI replacing financial analysts?

AI is transforming the role of senior finance analysts by automating routine tasks such as data analysis and reporting, allowing analysts to focus on strategic decision-making. While AI tools enhance efficiency and accuracy, they complement rather than replace the need for human judgment, expertise, and interpretation in financial analysis. Developing skills in data analytics and AI tools remains valuable for finance professionals.

What does a Senior Finance Analyst do?

A Senior Finance Analyst is responsible for analyzing financial data, creating detailed reports, and providing insights to help guide business decisions. They often develop financial models, forecast future revenues and expenses, and work closely with other departments to ensure accurate financial planning. Their role is critical in budgeting, identifying financial risks and opportunities, and supporting strategic initiatives within an organization. Senior Finance Analysts typically have several years of experience and a deep understanding of accounting principles, financial systems, and business operations.

What does a senior financial analyst do?

A senior financial analyst evaluates financial data, prepares reports, and provides insights to support business decision-making. They analyze budgets, forecasts, and financial models, often using tools like Excel and financial software, and may oversee junior analysts. Their role involves strategic planning, risk assessment, and ensuring financial accuracy and compliance.

What are some common challenges faced by Senior Finance Analysts when collaborating with cross-functional teams?

Senior Finance Analysts often work closely with departments such as operations, sales, and IT to provide financial insights and support decision-making. A common challenge in this collaboration is translating complex financial data into actionable information for non-finance stakeholders. Additionally, aligning financial objectives with the goals of other teams and managing differing priorities can require strong communication and negotiation skills. Successfully navigating these challenges helps foster effective partnerships across the organization and drives better business outcomes.

What is the difference between Senior Finance Analyst vs Financial Analyst?

AspectSenior Finance AnalystFinancial Analyst
Required CredentialsBachelor's degree, often CPA or CFA preferredBachelor's degree in finance, accounting, or related field
Work EnvironmentCorporate finance departments, investment firms, consultingCorporate finance, banking, investment firms, or consulting
Employer & Industry UsageUsed across industries for advanced financial analysis rolesEntry to mid-level roles in finance and investment sectors

The main difference between a Senior Finance Analyst and a Financial Analyst lies in experience and responsibility. Senior Finance Analysts typically have more experience, handle complex financial projects, and may mentor junior staff. Financial Analysts often focus on data gathering, basic analysis, and supporting senior staff. Both roles require similar educational backgrounds, but Senior Finance Analysts usually possess additional certifications and a deeper understanding of financial strategies.

Do I need a CPA to be a financial analyst?

A Senior Finance Analyst typically does not require a CPA license, as the role focuses on financial analysis, budgeting, and reporting, which often rely on skills in accounting, finance, and data analysis. While a CPA can enhance credibility and open opportunities in accounting-focused roles, it is not a mandatory credential for financial analysts, who often benefit from certifications like CFA or CPA depending on the specific job responsibilities.

What are the key skills and qualifications needed to thrive as a Senior Finance Analyst, and why are they important?

To thrive as a Senior Finance Analyst, you need strong analytical abilities, advanced Excel skills, a solid understanding of financial modeling, and typically a bachelor's degree in finance, accounting, or a related field. Experience with financial reporting tools such as SAP, Oracle, or Hyperion, as well as certifications like CFA or CPA, is highly valued. Excellent communication, attention to detail, and problem-solving skills enable you to deliver insights and collaborate effectively across departments. These competencies ensure accurate financial analysis, strategic decision-making, and the ability to drive business performance.

Is FP&A a stressful job?

Senior Finance Analysts working in Financial Planning and Analysis (FP&A) often face deadlines, budget pressures, and the need for accuracy, which can contribute to stress. The role requires strong analytical skills, attention to detail, and the ability to manage multiple priorities, but stress levels vary depending on company culture and workload management. Effective time management and communication skills can help mitigate stress in this position.
What are the most commonly searched types of Finance Analyst jobs in Rochester, MN? The most popular types of Finance Analyst jobs in Rochester, MN are:
What cities near Rochester, MN are hiring for Senior Finance Analyst jobs? Cities near Rochester, MN with the most Senior Finance Analyst job openings:
Infographic showing various Senior Finance Analyst job openings in Rochester, MN as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 84% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $98,013 per year, or $47.1 per hour.
Senior Financial Analyst - RPU

Senior Financial Analyst - RPU

City of Rochester

Rochester, MN • Hybrid

$92K - $135K/yr

Other

Posted 26 days ago


City Of Rochester (New York) rating

8.8

Company rating: 8.8 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

100th of 693 rated public administrative organizations


Job description

POSITION DESCRIPTION The City of Rochester invites applications for: Senior Financial Analyst Rochester Public Utilities The City of Rochester is committed to a community where all members feel a sense of belonging. We commit to recognizing the diversity of our community members, listening to ALL voices and providing equitable services to create an inclusive place to live, play and work. We believe EQUITY should be at the center of all our work.

We strive to represent our community in our teammates, as we know that diverse and inclusive teams are more innovative, and have an empowering impact on the work, progress and culture of our community. It takes us all working together. Nature of Work The Senior Financial Analyst performs complex budgeting and accounting functions; conducts financial, statistical, and analytical studies; prepares and assists in the preparation of financial and regulatory reports, statements, and claims for reimbursement according to prescribed guidelines; performs related duties as required.

This position fulfills the financial analysis and information needs for all levels of management and serves as the financial, budget, cost and rate analyst for Rochester Public Utilities. The incumbent will design, create, and maintain systems used to effectively initiate, record, and report financial transactions and operational statistics. Work Schedule - The regular work schedule is Monday through Friday from 8:00 am to 5:00 pm.

This position may be eligible for remote work up to two days a week after the initial 6-month probationary period. Pay - The salary range is $92,267 to $108,550, depending on qualifications, with advancement to $135,688. Benefits -This position is eligible for benefits offered by the City of Rochester.

Please check out the benefits tab at the top of the page for more details. To have your application considered for the first round of interviews, please apply by Wednesday, July 8, 2026, at 11:59 PM CST. Applications will be accepted until the position is filled.

The City of Rochester will not sponsor or transfer visas for this position including F1 OPT STEM. DUTIES AND RESPONSIBILITIES The work below is representative of the scope of work performed within this job classification. Individual job duties will vary based on work assignment.

*Budget Development/Monitoring Develop the annual schedule for RPU budget preparation. Coordinate the development of required budget model components by Finance staff. Provide technical expertise in creating or modifying budget collection/consolidation applications in budget software and create new budget coding.

Offer information and assist/train staff and executive team in budget preparation, implementation, and control. Arrange, balance, compile and enter budget data; perform statistical analysis of cash flow and budgets. Prepare and execute quarterly budget reviews with each manager; monitor and evaluate budgets and cash flow for appropriateness to ensure fiscal solvency and accountability.

Prepare the official budget document that is approved by the RPU Board of Directors. *Accounting Perform complex accounting functions for internal departments. Maintain chart of accounts; audit and post general ledger proposed entries; review and reconcile account and fund balances; analyze and assign codes in accordance with state reporting and regulatory requirements.

Review documents and claims for accuracy, completeness, and uniformity to rules, regulations and laws; coordinate, prepare and review year-end closing process. Lead work order closing/fixed asset unitization process while gathering information from various sources to determine what assets were installed and the appropriate value to capitalize. Monitor accounts receivable and accounts payable, performing periodic reviews of financial reports to verify accuracy and fiscal solvency.

*Research and Data Analysis Research and analyze financial data for internal and external customers. Create, organize, and maintain files using database and spreadsheet programs. Collect, retrieve and organize data into required reporting formats to identify financial discrepancies and resolve client inquiries.

Recommend solutions ensuring that corrections or changes are implemented properly. *Financial Forecasting Produce multi-year forecasts including retail sales and revenue forecasts using multiple statistical methods and econometric inputs to include forecasting major expenses such as purchased power and water treatment chemicals which are driven by retail sales volume, labor, capital, and cashflow. Prepare periodic cash forecasts and initiate deposits to or draws from the City Investment Pool as needed.

*Financial and Regulatory Reporting Prepare complex financial reports as required by City Charter and other regulatory agencies. Current agencies include but may not be limited to: the Federal Energy Regulatory Commission (FERC), Midcontinent Independent System Operator (MISO), the Energy Information Administration (EIA),and the MN Department of Commerce. Assist in compiling data and interpreting legal reporting requirements and regulations.

Create and maintain statistical reports. Plan and monitor timelines to meet strict deadlines in reporting regulations. Review and verify statistical and financial information including independent audit reports and long-term debt documents.

Rates and Cost of Service Studies/Debt Management Compile and prepare data for the development of the cost of service studies and subsequent rate design. Create, organize and maintain files using databases and spreadsheets to determine revenue requirements and proper customer classifications. Develop rates/prices for non-retail/non-commodity services such as steam billing rates, billing fees, reconnect fees, and after-hour field services.

Maintain rates in the billing system for commodity, demand, and customer charges, as well as miscellaneous fees and taxes. Calculate and communicate the Power Cost Adjustment (PCA) to be billed to customers on a monthly basis. Determine the proper accounting treatment for new and refunding bonds.

Assist in the preparation of documents for official statements, continuing disclosure and arbitrage reporting. Be responsible for cash draws for construction funds and debt payments. Perform other duties as assigned or necessary.

*ESSENTIAL FUNCTIONS MINIMUM QUALIFICATIONS Education and Experience A Bachelors degree in Accounting, Finance or closely related field from an accredited four-year college or university AND three years of full-time employment experience. OR An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job may also be considered. If this work interests you but you are unsure if you meet all the job requirements listed above, please apply anyway.

Your experience is likely more applicable to the role than you think, and the City is interested in candidates who can bring not only technical expertise but a variety of lived experience to the team. Licenses and/or Certifications Valid driver's license Desirable Qualifications Master's degree in Business, Accounting or Finance; Certified Public Accountant (CPA), Certified Management Accountant (CMA). ADDITIONAL INFORMATION PHYSICAL AND ENVIRONMENTAL CRITERIA In compliance with the Americans with Disabilities Act, the following represents the physical and environmental demands for this position.

The employee must be able to perform the essential functions with or without accommodation. In consideration of the overall amount of physical effort required to perform this position, the work is best described as Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met. Physical demands that may be required continuously (2/3 or more of the time), frequently (1/3 to 2/3 of the time), and occasionally (up to 1/3 of the time) are noted below: Continuous demands: sitting, fine dexterity Frequent demands: standing Occasional demands: walking, bending, lifting, reaching, handling Sensory requirements necessary in the performance of the essential functions of this position include: (options - sight, hearing, touch, taste, or smell). Environmental conditions that may exist in the performance of the essential functions of this job include: NONE (not substantially exposed to environmental conditions).


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