Financial Analyst

at  US Virgin Islands Department of Education

DESCRIPTION

This is top level supervisory accounting work, involving auditing of financial transactions and maintenance of accounts records. An employee in this class receives administrative supervision from the head of a department, agency or designee; supervisor allows employee to define own work assignments within broad guidelines. Participates in studies to improve the operational and financial effectiveness of the unit and extracts financial data from various accounting and information systems. Performs financial and cost accounting analysis of data. Utilizes knowledge of the Department of Education’s financial accounting systems. Work is reviewed for conformity with established laws, rules and regulations also analysis of reports submitted.

MINIMUM QUALIFICATIONS

• Bachelor’s Degree in Finance, Accounting or a related field from a recognized college or university with two years of experience as a financial advisor or cost accountant;
• Semester credits in Accounting to include 15 credits in accounting/bookkeeping and six (6) years of progressive experience in government.

• Assists in the analysis of financial data and extracts and defines relevant information;
• Interprets data for the purpose of determining past financial performance and/or to project a financial probability;
• Reviews cost and performs cost benefit analysis related to projects and/or programs;
• Performs statistical, cost, and financial analysis of data reported in the various financial systems;
• Develops financial reports for forecasting, trending, and results analysis;
• Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles;
• Interprets financial transactions and events for users who must make economic or business decisions;
• Applies a working knowledge of applicable laws and regulations; verifies documents for completeness and compliance with government and private agencies;
• Uses various software applications such as spreadsheets, relational databases, statistical packages and graphic packages to assemble, manipulate and/or format data and/or reports;
• Supervises and directs accountants in effective performance of their duties;
• Involved in the preparation of detailed auditing and financial reports and preparation of annual budgets;
• Performs other related duties;