SENIOR FINANCIAL ANALYST

JOB ANNOUNCEMENT

SENIOR FINANCIAL ANALYST

DEPARTMENT OF WATER MANAGEMENT

Administration/Finance

Number of Positions: 1

(Additional vacancies possible pending budget approval)

Starting Salary: $80,472; Grade: GY-08

Applications for this position will be accepted until 11:59pm CDT on Tuesday, July 1, 2025.

ESSENTIAL DUTIES

* Performs and oversees the conduct of research on current and historical revenues and expenditures, identifies trends, and prepares fiscal projections

* Performs in-depth analysis of debt, fiscal liabilities, and operational costs and prepares budget estimates

* Performs and oversees the conduct of cost/benefit analyses of current and proposed programs and recommends financial controls to improve cost efficiencies

* Develops computer models to analyze data and formulates rate structures and calculates various fees for departmental programs and services

* Coordinates and participates in audits of contractors to ensure the accuracy of billings and compliance with contract provisions

* Prepares audit reports and presents recommendations at post audit meetings. Assist in audit work papers and schedules

* Reviews bid proposals submitted by private contractors and identifies the most cost-effective proposal

* Prepares and reviews fiscal reports

* Capital Program Management (CPM): Ability to generate new funding requests and CPR-1 submissions, establish links between FMPS and CPM, and accurately select funds, cost centers, appropriations, and project numbers. Proficiency in managing capital construction projects and fixed assets, ensuring effective tracking and oversight

* Contributes to the development of long-term financial plans and funding strategies to support departmental goals

* Participates in multi-year capital planning, integrating financial forecasts with infrastructure priorities

* Maintains and updates the Water and Sewer Capital Projects Report

* Tracks new budget requests to ensure compliance with funding limits

* Analyzes open budgets to recommend spending strategies or reallocations

* Examines spending patterns to forecast cash flow and upcoming liabilities

* Ensures data integrity across platforms, including CPM, ORION, FMPS, BO

* Develops reports and financial models to streamline data for reporting purposes and leads process improvement initiatives to enhance budget management and reporting workflows

* Reviews IEPA disbursement requests for accuracy and completeness

* Reconciles funds or accounts as needed

* Collaborates with internal teams and external partners to ensure data consistency and transparency

* May train and coordinate the work of staff and private consultants in the conduct of special financial analyses projects

NOTE: The list of essential duties is not intended to be exhaustive; additional duties may be required based on the specific needs of the position.

Location: 1000 East Ohio Street

Days/Hours: Monday - Friday; 8:30 - 4:30

THIS POSITION IS NOT CAREER SERVICE.

MINIMUM QUALIFICATIONS:

Graduation from an accredited college or university with a Bachelor's degree in Finance, Accounting, or a directly related field, plus three years of work experience in the analysis of financial records, or an equivalent combination of education, training and experience, provided that the minimum degree requirement is met.

NOTE: You must provide your degree and/or transcripts at the time of processing.

SELECTION REQUIREMENTS

This position requires applicants to complete an interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position will be selected.

APPLICATION EVALUATION: Initial evaluation will be based on information provided on the application and the documents submitted. The Department of Human Resource staff will review applications after the final posting date. Staff will follow any and all required Employment/Hiring Plan provisions, federal, state and local laws, and Collective Bargaining Agreements when applicable. Staff will apply hiring preferences as required by the municipal code. Placement on an eligibility list is not an offer or guarantee of an interview nor employment with the City of Chicago.

COMMITMENT TO DIVERSITY: To further our commitment to hiring applicants with diverse experience the City of Chicago has adopted the following ordinances 2-74-020 and 2-74-075. The ordinances provide a preference to applicants who meet minimum qualifications and who are veterans of the Armed Forces, and/or residents of Socio-Economically Disadvantaged Areas (SEDA) and/or Chicago Public School (CPS) high school graduates to be referred to departments for consideration. These hiring preferences do not apply to bidders, as Collective Bargaining Agreements define the hiring process for bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates. To learn more about our hiring practices click here.

For Information on our employees benefits please visit our benefits website at:

https://www.chicago.gov/city/en/depts/fin/benefits-office.html

For Information on our salary and title structure visit our classifications website at:

https://www.chicago.gov/content/dam/city/depts/dhr/supp_info/JobClassification/2025_Classification_and_Pay_Plan.pdf

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.

The City of Chicago is an Equal Employment Opportunity, Military Friendly, and Fair Chance Employer.