Job Description

Posting number: 202601777

Department: Finance

Job classification: Financial Analyst

Posting type: Open

Categories: Accounting and Finance

Summary

The mission of the Finance Department is to manage, protect, and report on City of San José financial resources to enhance the City’s financial condition for residents, businesses, and investors.

The Finance Department has five core divisions:

• Accounting
• Administration
• Debt & Treasury Management
• Purchasing & Risk Management
• Revenue Management

The Finance Department works in partnership with the departments of Human Resources, Information Technology, and Public Works as the City’s Strategic Support City Service Area to effectively develop, manage, and safeguard City fiscal, physical, technological, and human resources to enable and enhance the delivery of City services and projects. The Finance Department has a $27.6 million operating budget and 125 budgeted full-time equivalent (FTE) positions.

Examples of duties

The Finance Department is seeking one (1) Financial Analyst to join its Debt Management team. Under the general supervision of the City’s Debt Administrator, this position will play a key role in managing the City’s diverse and complex debt portfolio and supporting the City’s overall debt management program. This is an exciting opportunity for a financial professional who enjoys working with complex financial analysis, solving challenging problems, and collaborating with a broad range of internal and external partners. The Financial Analyst will be responsible for managing complex financial processes and operations, analyzing financial data, supporting debt issuances, monitoring compliance, and contributing to the effective management of the City’s debt program.

• Perform professional level functions associated with the management, monitoring, and administration of the City-wide Debt Program, including long term bonds (fix and variable rate), commercial paper, bank loans, private placements and notes.
• Collaborate with City accounting and investment staff in the management of the City’s debt portfolio.
• Engage in the issuance of debt across a broad range of credits including general obligation, lease revenue, airport, wastewater, clean energy, land-based (assessment districts/community facilities districts) and multi-family housing revenue.
• Coordinate and work effectively in the bond financing team which includes City Attorney’s Office, City departments, municipal advisor, bond counsel, trustees/fiscal agent and underwriters in order to effectively manage the debt issuance process and to manage the City’s large and diverse debt portfolio.
• Maintain and manage a large, computerized debt management database.
• Coordinate investment of bond proceeds.
• Manage post issuance compliance for outstanding debt and complete interim arbitrage calculations to determine rebate liabilities to the IRS and coordinate five-year arbitrage calculations with arbitrage rebate consultant.
• Review regular, periodic trustee account statements and other reports to ensure appropriate proceeds management and adherence to legal requirements and conformance with City policy.
• Prepare financial reports and analyses as part of the City's production and presentation of financial reports.
• Utilize and manage relational database applications and run query techniques.
• Prepare annual continuing disclosure reports and necessary compliance reporting subject to Rule 15c2-12.
• Process, prepare, and analyze information to complete assignments, solve complex problems and work independently as necessary.

Qualifications

Education and Experience

Completion of a baccalaureate degree from an accredited college or university in business, finance, accounting, public administration, or a closely related field including a minimum of

eighteen semester units of advanced college course work in a combination of the following: business or governmental finance, accounting, economics, statistics, quantitative methods, or

governmental financial management. Four years of increasingly responsible professional level analytical compliance, research, quantitative, and/or operation experience in financial, fiscal, or accounting work is required.

Acceptable Substitutions

Completion of an unrelated Bachelor’s degree with a Master’s or higher degree in a closely related field such as business or public administration, finance, may substitute for the education requirement including the eighteen (18) semester units of applicable college course work.

Required Licensing (such as driver’s license, certifications, etc.)

• Possession of a valid California driver’s license may be required for some assignments.

Supplemental information

The ideal candidate will possess the following competencies, as demonstrated in past and current employment history.

Job Expertise - Demonstrates knowledge of and experience with applicable professional/technical principles and practices of debt management, citywide and departmental procedures/policies, and federal and state rules, regulations, and disclosure compliance requirements.

Communication Skills - Effectively conveys information and expresses thoughts and facts clearly, orally and in writing; demonstrates effective use of listening skills and displays openness to other people's ideas and thoughts.

Computer Skills - Experienced with common business computer applications, including but not limited to: MS Outlook, MS Word, MS PowerPoint, MS Access, MS Excel and SharePoint.

Teamwork and Interpersonal Skills - Develops effective relationships with co-workers, supervisors, and consultants by helping others accomplish tasks and using collaboration and conflict resolution skills.

Analytical Thinking - Approaches a problem or situation by using a logical, systematic, sequential approach.

Planning - Acts to align own unit's goals with the strategic direction of the organization; defines tasks and milestones to achieve objectives, while ensuring the optimal use of resources to meet those objectives.

Problem Solving - Approaches a situation or problem by defining the problem or issue; determines the significance of the problem; collects information.

Social Awareness - Demonstrates the ability to read or sense other people’s emotions and how they influence the situation of interest or concern; demonstrates empathy and organizational awareness.

Selection Process:

The selection process will consist of an evaluation of the applicant's training and experience based on the application and responses to the job specific questions. Only those candidates whose backgrounds best match the position will be invited to proceed in the selection process. Additional phases of the selection process will consist of one or more interviews. You must answer all questions to be considered, or your application will be deemed incomplete and withheld from further consideration. If you have questions about the duties of these positions, the selection or hiring processes, please contact Michelle Harrison at HR_Finance@sanjoseca.gov.

Additional Information:

Employment Eligibility: Federal law requires all employees to provide verification of their eligibility to work in this country. Please be informed that the City of San Jose will NOT sponsor, represent or sign any documents related to visa applications/transfers for H1-B or any other type of visa which requires an employer application.

You must answer all job-specific questions to be considered for this vacancy, or your application will be deemed incomplete and withheld from further consideration. Applicants are expected to write their own essays/responses.

Please note that applications are currently not accepted through CalOpps or any other third-party job board application system.

This recruitment may be used to fill multiple positions in this, or other divisions or departments. If you are interested in employment in this classification, you should apply to ensure you are considered for additional opportunities that may utilize the applicants from this recruitment.

Please allow adequate time to complete the application and submit before the deadline or the system may not save your application. If your online application was successfully submitted, you will receive an automatic confirmation email to the email address you provided. IF YOU DO NOT RECEIVE THE CONFIRMATION, please email CityCareers@sanjoseca.gov and we will research the status of your application.