Financial Analyst at GRTC Transit System

Richmond, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Dec, 25

Salary

0.0

Posted On

30 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Budgeting, Pension Accounting, Financial Reporting, Analytical Skills, Microsoft Office Suite, Excel, PowerPoint, Data Analysis, Project Management, Communication Skills, Cost Reduction, Accounting Records Maintenance, Forecasting, ERP Systems, Transportation Experience, Legislation Monitoring

Industry

Ground Passenger Transportation

Description

Join a Mission That Moves Richmond GRTC is deeply connected to the communities we serve, offering opportunities to shape the future of public transit through innovative service designs, major capital projects, and a growing regional network. Every day, our work powers more than 30,000 transit trips and supports mobility for people across the region. With new routes, expanded connections, and a second bus rapid transit line in development to complement the Pulse, our ITDP Bronze Medal-winning flagship system, GRTC continues to expand its role as the backbone of regional mobility. Joining GRTC means being part of a mission-driven team with the chance to make a lasting impact on how people move and connect. ---------------------------------------- SUMMARY: This position serves as the Financial Analyst of the Finance Department. The primary duties of the Financial Analyst include budgeting, pension accounting, and financial reporting. Responsible for assisting with operating and capital budgets, and financial reports, comprehensive worksheets and schedules. Assists with accounting activities within the Finance Department by performing the following duties. ---------------------------------------- ESSENTIAL DUTIES AND RESPONSIBILITIES: * Develop budget models, guidelines, parameters, schedules and procedures for actual budget preparation. * Work directly with senior management to resolve budget problems. * Perform Pension accounting and reconciliations as required. Develop the Pension worksheet and schedules to assist the annual Actuarial Reporting. Assist with the annual Pension audit as necessary. * Provide management with ongoing forecasts of operating revenues and expenses. * Report financial and accounting problems to Director of Finance. * Collect, analyze, and input National Transit Database data for the annual reporting. * Assist with the development and annual update of the Transit Development Plan (TDP). * forecasts of operating revenues and expenses as necessary. * Assist with the maintenance of all accounting records, monitor income, cash flow and expenditures. * Assist with the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, property, operating expenses, and insurance records. * Identify and communicate cost reduction opportunities. * Assist with the preparation of retirement calculations and pension plan administration. * Monitor changes in legislation or regulations that may affect the company. * Other duties as assigned. ---------------------------------------- SUPERVISORY RESPONSIBILITIES: This is an individual contributor role. There are no supervisory responsibilities. ---------------------------------------- QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. ---------------------------------------- EDUCATION / KNOWLEDGE / EXPERIENCE: * Bachelor’s degree in Accounting, Finance, Business Administration or related field required. Certified Public Accountant (CPA) and/or master’s degree from an accredited college or university in business, finance, accounting or related field preferred. * 4 years of experience in accounting or equivalent combination of training and experience required. Previous experience in budgeting and pension accounting preferred. * Strong analytical skills (both qualitative and quantitative), ability to identify key points, trends, develop summary findings. ---------------------------------------- REQUIREMENTS: The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. * Ability to understand trends, drive specific analyses, and develop actionable insights. * Ability to identify problems and discrepancies, independently perform research and analysis of causes, and recommend corrective actions. * Superior Microsoft Office Suite proficiency, including an advanced knowledge of Excel and ability to create PowerPoint presentations. * Ability to critically analyze financial information and communicate assumptions effectively. * Ability to extract, organize and analyze large datasets and communicate into executive level summaries. * Experience with a Power BI tool a plus. * Experience with ERP system a plus. * Demonstrated experience with written and oral communication skills and ability to work with cross functional teams. * Effective project management skills. * Strong financial, analytical, and quantitative skills, and ability prioritize and meet deadlines. * Experience in Transportation a plus. ---------------------------------------- SECURITY SENSITIVE POSITION: This position has been identified as a “Security Sensitive” position. GRTC will conduct annual background and credit checks on incumbents in this position. A position is “Security Sensitive” if it’s incumbent handles or is responsible for currency, or works in an area of GRTC that has been designated as a security-sensitive area. ---------------------------------------- PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Responsibilities

The Financial Analyst will be responsible for budgeting, pension accounting, and financial reporting within the Finance Department. This role includes developing budget models, assisting with financial reports, and providing ongoing forecasts of operating revenues and expenses.