Financial Analyst

OAKLAND HOUSING AUTHORITY

FINANCIAL ANALYST

SALARY: $4,710.03 - $5,198.99 Bi-weekly

$122,460.78- $135,173.74 Annually

(Appointment is generally made at one of the first three steps, depending on qualifications)

CLOSING DATE/TIME: Thursday, June 8, 2023 8:59 PM Pacific Time

DEFINITION

The Financial Analyst will be responsible to helping grow the financial performance of assigned departments through thorough analysis of financial results, forecasts, variances and trends, developing financial models to support valuation, planning and forecasting and making recommendations to be presented to management.

ESSENTIAL FUNCTIONS

• Leads and coordinates budget development process for assigned departments; and
• Prepares, reviews, monitors and analyzes departmental budgets and expenditures; and
• Performs budget variance analyses and identify reasons for variances; and
• Performs ad-hoc financial analyses and communicates findings verbally and in writing; and
• Monitors spending to ensure compliance with limits set by budgets, contracts, and Board authorizations; and
• Identifies ways to improve property management-related financial processes. Leads efforts to implement improvements in collaboration with other departments; and
• Performs fiscal analysis of work related capital improvements and rehabilitation of Authority owned housing or of any of its subsidiaries; and
• Prepares financial feasibility projections and pro forma sources and uses budgets for rehabilitation and capital improvements; and
• Provides financial leadership for project teams working on housing and capital improvement programs and
• Prepares reports and recommendations for the Commission and of the governing boards of Authority affiliates; and
• Responsible for housing financial data systems for internal and external reporting; and
• Provides cost analysis of fiscal impact of projects and programs; and
• Prepares a variety of narrative and statistical reports; and
• Participates in finance related workgroups to develop procedures and policies; and
• Performs analyses of financial information, accounting records, statistics, and systems for compliance with HUD or other regulations and Authority policies; and
• Monitors Authority reserves and departmental needs for funding relative to operating and capital projects; and
• Analyzes factors which impact fiscal projections; and
• Recommends short and long-term actions for achieving and/or maintaining financial objectives;
• Performs procurement and contract management activities including developing procurement strategies, identifying prospective vendors, writing requests for proposals, evaluating proposals, negotiating contract terms, obtaining management and Board approvals for purchases, and managing vendors; and
• Reports on activities in Agency and HUD systems; and
• Writes memos, reports, and Board resolutions.

MARGINAL FUNCTIONS

Performs other related work as required.

MINIMUM QUALIFICATIONS

A bachelor's degree in accounting, finance, public policy or business administration, economics or a closely related field; AND four years of increasingly responsible experience with affordable housing finance policy and implementation.

A master's degree in business, public policy, city planning, real estate, economics, accounting or finance may be substituted for one year of the experience requirement.

Must possess a valid California Class C driver's license and have and maintain an insurable driving record.

Equivalent combinations of education, training and experience will be considered.

KNOWLEDGE AND ABILITIES

KNOWLEDGE OF: principles and practices of financial planning and forecasting; public finance/fund accounting principles and practices; organizational structure and financial systems of governmental agencies; HUD community development and affordable housing programs; the legislative process; budgeting; computer capabilities and their applications; general management methods and procedures; computerized accounting systems; general accounting principles, methods and procedures, including cost accounting and systems development; database, spreadsheets and financial planning software; strong quantitative and analytical competency; self-starter with excellent interpersonal communication and problem-solving; advanced knowledge of Microsoft Excel and familiarity with data query/data management tools extremely helpful. Yardi and Tableau software is a plus.

ABILITY TO: write accurate and clear financial/budget reports; prepare analytical reports on financial matters and factors affecting the Authority's fiscal condition; forecast revenues and expenditures in the Authority's development program utilizing a variety of economic information and sources; interpret and analyze legislation affecting affordable housing development and partnership structures; understand the principles of financial planning and forecasting, public finance; prepare budgets; develop and articulate housing finance and development policies at local, state and federal levels; communicate the Authority's positions at local, state and federal hearings; assist Development staff in planning strategies by providing technical expertise and financial information; establish priority activities for incorporation in the Authority's strategic plan; understand computer capabilities and their applications; track expense records of development projects against budgets; establish and maintain satisfactory work relationships with other employees; prepare concise reports and make recommendations; utilize personal computers and software; communicate effectively, both orally and in writing (or with audio and visual capacities).

TO APPLY: Please complete an employment Application online at www.oakha.org by deadline stated at the top of the job posting.

ADDITIONAL INFORMATION FOR APPLICANTS

Thank you for your interest in employment at the Oakland Housing Authority.

To apply for this position, applicants must complete and submit an online application at www.oakha.org by the date indicated; a current, detailed resume may be attached but will not be accepted in lieu of a completed employment application.

All applications and resumes will be carefully screened. Those applicants whose education and experience most closely match the requirements of the position will be invited to compete in the examination process. Candidates who compete successfully in this examination will have their names placed on a List of Qualifiers. An appointment will be made from the List. For some positions, an experience/training rating and/or written evaluation of candidates will be used in lieu of the oral examination. The names of the highest-ranking candidates will be placed on the List of Qualifiers, and the final selection will be made from this List. College degrees or units required for the position will be verified prior to final appointment. If this information cannot be verified for a candidate, the candidate's name will not be placed on the List of Qualifiers. All appointments are subject to the approval of the Executive Director.

All prospective employees must pass a physical examination and drug screening by an Authority-designated physician. A pre-employment criminal history background check will also be conducted for all positions. For positions requiring use of an Authority vehicle, candidates' driving records will be checked prior to appointment. To be eligible for appointment, each candidate must possess a valid California Class C driver's license and a driving record acceptable to the Authority's insurer. All prospective employees must also provide proof of American citizenship, or legal resident status and the legal right to work in the United States.

Prior to becoming permanent, new employees must successfully pass a probationary period.

BENEFIT INFORMATION

Employees of the Authority enjoy a competitive fringe benefit program.

SICK LEAVE is accrued at the rate of one day per month.

VACATION LEAVE for new employees is accrued at the rate of 10 days each year. There are also fourteen (14) paid holidays each year.

RETIREMENT - The Authority is a member of the Public Employees' Retirement System (PERS). The Authority also participates in Social Security.

COMPETITIVE HEALTH, DENTAL, AND VISION INSURANCE is available.

GROUP LIFE INSURANCE is fully paid by the Authority.

Management, supervisory, professional and confidential employees are also entitled to a management benefit package allowance and five days of administrative leave per year.

The Oakland Housing Authority does not discriminate on the basis of race, color, national origin, gender, sexual orientation, religion, age, veteran's status or disability in the employment or the provision of services.

In compliance with the federal, state and local disability laws, the Oakland Housing Authority will provide equal employment opportunities to all qualified individuals, without regard to disability. The Authority is committed to making reasonable efforts in the examination process to accommodate applicants with disabilities. Individuals requesting reasonable accommodation in the examination process must do so no later than five (5) working days after the point of invitation by the Authority to an examination, otherwise it may not be possible to arrange accommodation for this selection process. The Human Resources Department will make reasonable efforts in the examination process to accommodate disabled applicants. Applicants with special needs, please call (510) 874-1575 (voice); (510) 832-7331 (TDD).