Salary : $90,135.76 – $118,646.06 Annually
Location : Milpitas, CA
Job Type: Full-Time
Remote Employment: Flexible/Hybrid
Job Number: 2023-00070
Department: Finance
Opening Date: 09/12/2023
Closing Date: 9/24/2023 11:59 PM Pacific
Definition
Under general supervision performs a variety of professional and responsible level financial and analytical assignments in the support of the improvement of management functions, practices and services or the implementation of program objectives in the Finance Department; to perform professional work in a variety of program areas; and to provide staff support in the administration and implementation of City programs, and policies as assigned.
Positions in this classification perform a wide variety of financial analysis activities. Typical assignment areas include, but are not limited to budgeting, accounting, finance systems development, risk administration, special projects management and evaluation, policy and procedure development, and management information analysis. Incumbents are expected to be capable of performing a variety of financial analytical techniques and procedures.
IDEAL CANDIDATE: The ideal candidate will have a proven track record in governmental accounting, and enjoys the challenges of a fast paced environment. Additionally, the ideal candidate will have the ability to work independently with only occasional instruction or assistance as new or unusual situations arise. This position requires creativity and resourcefulness to accomplish goals and objectives. If you are excited about working with an award winning team, apply today!
For the full job description, which includes the full list of essential duties and knowledge and abilities, please click here for or here for
Examples of Duties
A few of the essential duties include:
- Plan, coordinate and perform accounting, budgeting, statistical and financial analysis and financial reporting tasks.
- Assist in the preparation, analysis, and monitoring of the Citywide and Finance Department budget.
- Prepare and coordinate the adopted budget journal entries to load annual budget into accounting system.
- Analyze and confer with department budget staff concerning budget requests, input into budget software and trouble shoot budget entry issues in the budget software.
- Assist in the preparation of cash flow projections and assist in the investment of the City’s idle cash in accordance with established policies and procedures.
- Conduct expenditure analysis and revenue monitoring and prepare revenue and expenditure forecast based on analysis, under direction of the Finance Director or designee.
- Assist in the preparation of Comprehensive Annual Financial Report (CAFR) and provide supporting documentation for footnotes.
- Develop and analyze quantitative data with advanced computer application
Typical Qualifications
Financial Analyst I:
Education:
Bachelor’s degree from an accredited college or university with major coursework in Accounting, Finance, Economics, Management Information System or a closely related field.
Experience:
One (1) year of responsible, professional budgeting, accounting, risk administration or financial analysis experience in a business or government agency.
Financial Analyst II:
Education:
Bachelor’s degree from an accredited college or university with major coursework in Accounting, Finance, Economics, Management Information System or a closely related field
Experience:
Three (3) years of responsible, professional budgeting, accounting, risk administration or financial analysis in a business or government agency; with government agency experience highly preferred
LICENSE OR CERTIFICATE
- Possession and maintenance of a valid California Driver’s License may be required.
Other Experience:
Ability to work in a standard office environment; able to travel to various locations within and outside the City of Milpitas.
Supplemental Information
This position may be filled at either the entry or journey level, depending on applicant pool and departmental needs.
SUPERVISION RECEIVED AND EXERCISED
Receives general supervision from the Finance Director or his/her designee. May exercise supervision over assigned clerical or technical personnel.
In compliance with the Americans with Disabilities Act, the City of Milpitas will provide reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the Human Resources Department.
The City of Milpitas is an Equal Opportunity Employer.
RETIREMENT
Membership in CalPERS (2% at 60 or 2% at 62 with three year average salary). City of Milpitas employees do not participate in Social Security, but do contribute to Medicare.
MEDICAL INSURANCE
Choice of CalPERS Medical Plans. City pays coverage up to the Kaiser rate (currently $2,228.36/mo. for family). Employees who waive health coverage are eligible to receive $125 per month in lieu of medical plan coverage with proof of other coverage.
RETIREE MEDICAL
Employees are eligible upon CalPERS retirement from the City to receive up to 100% retiree medical coverage (currently based on the Kaiser health rate), based on years of service.
DENTAL & VISION
City provides full family coverage for Delta Dental and MES Vision at no cost to the employee.
LIFE INSURANCE
City provides $50,000 term policy. Supplemental employee-paid life insurance is available up to $500,000, based on carrier acceptance.
DISABILITY INSURANCE
City provides a Short-Term Disability plan similar to State Disability Insurance (SDI) coverage. Employees do not participate in SDI. Long-Term Disability coverage of 60% of base salary up to $1,500 per month is available after a 60-day waiting period. Additional buy-up options for LTD are available up to $6,000 per month.
DEFERRED COMPENSATION
City contributes $75 per month on the employee’s behalf.
VACATION
Hourly employees earn 11-31 days of vacation and Exempt employees earn 16-36 days of vacation based on years of service.
HOLIDAYS
Employees receive 12 paid holidays and one (1) floating holiday per year.
SICK LEAVE
Employees earn 12 days annually.
TUITION REIMBURSEMENT
Employees are eligible to receive up to $2,000 per fiscal year in tuition reimbursement.
FITNESS PROGRAM
Employees are offered free access to City-sponsored sports and fitness programs.
The City also offers a flexible spending benefits plan, employee assistance program, and other voluntary insurance. Contact Human Resources (HR) at 408-586-3090 or for more information on employee benefits.