Researches, analyzes, and develops financial projections, conducts special studies and business simulations, and participates in budget development processes. Develops data compilations and models for special studies and reports.
Distinguishing Career Features
The Accounting Analyst Senior is part of an accounting and decision support career ladder. This level is focused on and has in-depth skills in managerial accounting, decision support, and management information. Advancement to this position requires compliance with the stated qualifications and a demonstrated ability to conduct complex financial analysis, develop financial management information and control processes, and perform cost studies.
Essential Duties and Responsibilities:
Specific duties may vary among departments and jobs. Incumbents typically perform a substantial portion or all of the following kinds of duties:
* Prepares reports of revenue and expense performance, account balances, cash balances, and other accounts that contribute to a complete description of the activity and performance of an organization unit.
* Prepares performance reports such as estimating revenues and expenses for current and anticipated administrative commitments, computing cost-of-service by allocating labor, materials and services to accounts, and comparing financial data to actual project outcomes.
* Prepares work-in-progress reports for projects depicting account activity, year-to-date balances and variances. Works with functional leaders to prepare narrative explanations of account activity.
* Compiles, categorizes, and organizes data to support accounting.
* Researches and prepares short and long range financial, fiscal, and budget forecasts for projects, programs, and operations. Integrates data from a variety of sources, both internal and external.
* May prepare accounting reports documenting adjustments to account balances, detailing the transaction trail for audit purposes.
* May review accounting systems for controls, account classifications, and reports.
* May review accounting items such as fixed asset balances, inventory, , expenditures, cash, accounts payable and accounts receivable.
Decision Support and Management Information
* Conducts studies of financial, operating, economic, and statistical data to support administrative decision-making processes. Devises methods for collecting and processing data, utilizing knowledge of available sources of data.
* Constructs 'what if' models that simulate outcomes based on changing variables. Uses computer-aided spreadsheets, databases, and programs.
* Develops 'pro forma' financial statements to support decisions on programs, grants, and special funds. Researches and extracts data from records of financial transactions in fund, project, or general ledger accounting systems.
* Researches and prepares financial forecasts to support long term financing proposals. Develops methods for tracking expenditures, investments, etc., connected with obligations.
* Develops and maintains management information and control processes to assist department and program leaders understand financial position with respect to business plans, goals, and objectives.
* May direct the work of others in the same or lower classification.
* Performs other duties as assigned that support the overall objective of the position.