Principal Financial Analyst (AFSCME)

  • BART
  • Oakland, California
  • Jan 01, 2022
Full Time Accounting and Finance Planning and Development

Job Description


Ride BART to a satisfying career that lets you both: 1) make a difference to Bay Area residents, and 2) enjoy excellent pay, benefits and employment stability. BART is looking for people who like to be challenged, work in a fast paced environment, and have a passion for connecting riders to work, school and other places they need to go. BART offers a competitive salary, comprehensive health benefits, paid time off, and the CalPERS retirement program.

Conditions of Employment

All new or rehired San Francisco Bay Area Rapid Transit District (BART) employees are required to be fully vaccinated against COVID-19 as a condition of employment. You will be required to show proof of your completed COVID-19 vaccination prior to receiving a final offer, unless you receive a COVID-19 Vaccination reasonable accommodation due to a medical condition or a religious exemption due to an approved sincerely held religious belief that prohibits you from receiving a vaccine. BART will review requests for a reasonable accommodation or religious exemption on a case-by-case basis. Documentation may be required. For questions, please contact BART Human Resources, Leave Management at HRDP@bart.gov .

Department

Operating Budgets

Pay and Benefits

BART offers comprehensive compensation and benefits programs. Benefits include CalPERS pension; excellent medical (effective January 1, 2021 current employee cost $153.85 monthly for most plans), vision, and dental coverage; supplemental insurances; paid holidays and vacation; as well as two investment programs, one of which is entirely funded by BART. BART does not participate in Social Security. Complimentary BART passes for employee and qualifying dependents.

Pay Rate

$119,605.49/annually - $155,487.13/annually (Pay Band G)
Initial salary will be between $119,605.49/annually - $140,756.44/annually based on experience and education.

Posted Date

November 22, 2021

Closing Date

Open until Filled
First review on December 6, 2021

Reports To

Director of Budgets

Days Off

Saturday and Sunday

Who May Apply

All current BART employees and qualified individuals who are not yet BART employees.

Current Assignment

The San Francisco Bay Area Rapid Transit District (BART) is recruiting to fill a Principal Financial Analyst position in the Performance & Budget executive office to focus on improving the District's fiscal, data management, and budget processes. This is a new position that will report to the Directors of Budgets while working closely with a variety of teams around BART.
BART's Executive Office of Performance and Budget is responsible for the activities and operations of Budgets, Financial Planning, and Performance and Audit.
The Principal Financial Analyst is tasked with improving and aligning BART's budget policies, processes, and practices at all levels. This includes improving the operating and capital budget development processes, identifying and better integrating data into budget development, quantitative analysis, researching, selecting, and implementing fiscal best practices, improving reporting of budgetary data, and other tasks as necessary.
T he Principal Financial Analyst will collaborate with other units around the Performance & Budget Executive Office (Financial Planning, Performance & Audit, and Fiscal Strategies) as well as other BART teams (Human Resources, Operations, Finance, Strategic Planning, and Asset Management).
This position will largely be responsible for developing their own portfolio of work and executing on it, with direction from the Director of Budgets and Assistant General Manager for Performance and Budget. The ability to direct one's own work is critical to success in this role.
As necessary, the Principal Financial Analyst may support other programs within the Executive Office of Performance and Budget.
This position requires strong analytical capabilities, ability to work independently, leadership and communication skills, and innovative thinking, including ability to:
  • Develop and execute on a work plan.
  • Lead change management initiatives.
  • Support development of organizational financial objectives.
  • Respond and adapt to changing conditions.
  • Analyze quantitative and budgetary data.
  • Convene and coordinate cross-functional teams that champion new ideas and initiatives, while forming collaborative partnerships to achieve objectives.
  • Work independently to create and initiate new projects to meet organizational objectives.
  • Develop and document new processes and strategic proposals.
  • Make sound, practical recommendations on complex issues.
  • Tolerate ambiguity, and negotiate preferred outcomes across the enterprise.
  • Consult, coach, be persuasive, and facilitate cross-enterprise collaboration.
  • Communicate ideas and proposals clearly and effectively to executives, managers and other staff.
The ideal candidate will demonstrate experience in (leadership in these areas is desired), preferably in a complex, multi-stakeholder, public sector environment:
  • Operating and capital budget processes and leading practices.
  • Short- and long-term transit financial planning, including the development of multi-year short range transit plans and capital improvement programs.
  • Performance analytics , including development, adoption and monitoring of key performance indicators.

Essential Job Functions

1. Establishes schedules and methods for providing financial analysis services; identifies resource needs; reviews needs with appropriate management staff; allocates resources accordingly.
2. Participates in the development of policies and procedures; monitors work activities to ensure compliance with established policies and procedures; makes recommendations for changes and improvements to existing standards and procedures.
3. Recommends and assists in the implementation of goals and objectives; implements approved policies and procedures.
4. Conducts complex financial and management studies to evaluate District system performance and operating efficiency; prepares and presents study findings and recommendations; implements recommendations and provides assistance to District departments in assessing performance against stated objectives.
5. Performs the most technical and complex tasks of the work unit including specialized analyses and studies related to the District's budgeting, financial control and management analysis functions.
6. Provides financial oversight on assigned projects; identifies funding sources; projects cash flow requirements; maintains budgetary records for proposed projects; compiles actual project costs; performs financial, statistical and comparative analysis of actual and budgeted costs.
7. Participates in the preparation and administration of District-wide budgets; compiles and analyzes budget data; coordinates activities within other divisions and departments.
8. Analyzes contract provisions and change orders related to approved cost of work and budget allocations; analyzes and reports cost variances; ensures that cost control methods are implemented and applied to program objectives.
9. Develops and recommends improvements to computerized financial management system.
10.Participates in the selection of assigned staff; provides or coordinates staff training; works with employees to correct deficiencies; implements discipline procedures.
11. Prepares analytical and statistical reports on operations and activities.
12. Attends and participates in professional group meetings; stays abreast of new trends and innovations in the field of financial analysis and program management.
13. May plan, prioritize, assign, supervise, review and participate in the work of staff responsible for complex financial, statistical and project control analysis in assigned area.

Minimum Qualifications

Education:
A Bachelor's degree in business administration, accounting, economics or a closely related field from an accredited college or university.
Experience:
Four (4) years of (full-time equivalent) verifiable professional budgetary, financial or management analysis experience.
Substitution:
Additional professional experience as outlined above may be substituted for the education on a year-for-year basis. A college degree is preferred.
WORKING CONDITIONS
Environmental Conditions:
Office environment; exposure to computer screens.
Physical Conditions:
May require maintaining physical condition necessary for sitting for prolonged periods of time.
Knowledge of:
Operations, services and activities of a comprehensive budget and financial control program. Principles of supervision, training and performance evaluation. Principles of financial and operational analysis. Financial, statistical and comparative analysis techniques and formulas. Principles and practices of project budget development, administration and control. Advanced principles and practices of accounting. Principles and practices of financial project management and scheduling. Methods and techniques for assessing performance against established objectives. Current office procedures, methods and equipment including computers. Applicable computer software applications. Related Federal, State and local laws, codes and regulations. Skill in:
Selecting, supervising, training and evaluating staff. Performing complex financial, statistical, comparative and management analyses. Establishing and implementing procedures for budget and project control. Identifying funding sources for proposed and current projects. Performing accurate complex financial calculations. Developing, organizing and maintaining accurate financial records. Interpreting complex computerized records and reports. Interpreting complex contract provisions and change orders. Interpreting and explaining District policies and procedures. Preparing clear and concise financial and administrative reports. Operating office equipment including computers and supporting word processing and spreadsheet applications. Communicating clearly and concisely, both orally and in writing. Establishing and maintaining effective working relationships with those contacted in the course of work.

Selection Process

This position is represented by American Federation of  State, County, and Municipal Employees (AFSCME). Applications will be screened to assure that minimum qualifications are met.  Those applicants who meet minimum qualifications will then be referred to the hiring department for the completion of further selection processes.

The selection process for this position may include a skills/performance demonstration, a written examination, and/or an individual or panel interview.

The successful candidate must have an employment history demonstrating reliability and dependability; provide copies of certificates, diplomas or other documents as required by law, including those establishing his/her right to work in the U. S.; pass a pre-employment medical examination which includes a drug and alcohol screen, and which is specific to the essential job functions and requirements.  Pre-employment processing will also include a background check.  (Does not apply to current full-time District employees unless specific job requires additional evaluations)

The selection process for this position will be in accordance with the applicable collective bargaining agreement.

Application Process

External applicants may only apply online, at www.bart.gov/jobs.  Applicants needing assistance with the online application process may receive additional information by calling (510) 464-6112.   

Current employees are strongly encouraged to apply online, either at www.bart.gov/jobs, or on WebBART.  Current employees may also apply using a BART paper application by delivering the completed form to the Human Resources Department, or by mailing it to P. O. Box 12688, Oakland, CA 94604-2688. 

All applicants are asked to complete the application in full, indicating dates of employment, all positions held, hours worked, and a full description of duties.  On line applicants are invited to electronically attach a resume to the application form to provide supplemental information, but should not consider the resume a substitute for the application form itself.

Applications must be complete by the closing date and time listed on the job announcement.

Equal Employment Opportunity

The San Francisco Bay Area Rapid Transit District is an equal opportunity employer. Applicants shall not be discriminated against because of race, color, sex, sexual orientation, gender identity, gender expression, age (40 and above), religion, national origin (including language use restrictions), disability (mental and physical, including HIV and AIDS), ancestry, marital status, military status, veteran status, medical condition (cancer/genetic characteristics and information), or any protected category prohibited by local, state or federal laws.

The BART Human Resources Department will make reasonable efforts in the examination process to accommodate persons with disabilities or for religious reasons. Please advise the Human Resources Department of any special needs in advance of the examination by emailing at least 5 days before your examination date at employment@bart.gov .

Qualified veterans may be eligible to obtain additional veteran's credit in the selection process for this recruitment (effective Jan. 1, 2013). To obtain the credit, veterans must attach to the application a DD214 discharge document or proof of disability and complete/submit the Veteran's Preference Application no later than the closing date of the posting. For more information about this credit please go to the Veteran's Preference Policy and Application link at www.bart.gov/jobs.


Other Information

Please be prepared to present documentation in support of any required licenses, degrees, or certifications upon request.
Please note that any job announcement may be canceled at any time.

Note

When you have successfully applied for this position you will receive an auto reply e-mail acknowledging that your application was received for this position. Please retain a copy of the e-mail for your records. If you receive an auto reply that does not specifically reference this position, please email Employment Help at employment@bart.gov for assistance.

To verify submission of your application, click on the 'My Career Tools' link at the top of the 'Careers Home Page' after submitting your application to view the list of applications you have submitted (including application date and status). If you have further questions, please email the Employment Help at employment@bart.gov , between the hours of 8:15am - 5:00pm, Monday- Friday.



Essential Job Functions

The San Francisco Bay Area Rapid Transit District (BART) is recruiting to fill a Principal Financial Analyst position in the Performance & Budget executive office to focus on improving the District's fiscal, data management, and budget processes. This is a new position that will report to the Directors of Budgets while working closely with a variety of teams around BART.
BART's Executive Office of Performance and Budget is responsible for the activities and operations of Budgets, Financial Planning, and Performance and Audit.
The Principal Financial Analyst is tasked with improving and aligning BART's budget policies, processes, and practices at all levels. This includes improving the operating and capital budget development processes, identifying and better integrating data into budget development, quantitative analysis, researching, selecting, and implementing fiscal best practices, improving reporting of budgetary data, and other tasks as necessary.
T he Principal Financial Analyst will collaborate with other units around the Performance & Budget Executive Office (Financial Planning, Performance & Audit, and Fiscal Strategies) as well as other BART teams (Human Resources, Operations, Finance, Strategic Planning, and Asset Management).
This position will largely be responsible for developing their own portfolio of work and executing on it, with direction from the Director of Budgets and Assistant General Manager for Performance and Budget. The ability to direct one's own work is critical to success in this role.
As necessary, the Principal Financial Analyst may support other programs within the Executive Office of Performance and Budget.
This position requires strong analytical capabilities, ability to work independently, leadership and communication skills, and innovative thinking, including ability to:
  • Develop and execute on a work plan.
  • Lead change management initiatives.
  • Support development of organizational financial objectives.
  • Respond and adapt to changing conditions.
  • Analyze quantitative and budgetary data.
  • Convene and coordinate cross-functional teams that champion new ideas and initiatives, while forming collaborative partnerships to achieve objectives.
  • Work independently to create and initiate new projects to meet organizational objectives.
  • Develop and document new processes and strategic proposals.
  • Make sound, practical recommendations on complex issues.
  • Tolerate ambiguity, and negotiate preferred outcomes across the enterprise.
  • Consult, coach, be persuasive, and facilitate cross-enterprise collaboration.
  • Communicate ideas and proposals clearly and effectively to executives, managers and other staff.
The ideal candidate will demonstrate experience in (leadership in these areas is desired), preferably in a complex, multi-stakeholder, public sector environment:
  • Operating and capital budget processes and leading practices.
  • Short- and long-term transit financial planning, including the development of multi-year short range transit plans and capital improvement programs.
  • Performance analytics , including development, adoption and monitoring of key performance indicators.

Essential Job Functions

1. Establishes schedules and methods for providing financial analysis services; identifies resource needs; reviews needs with appropriate management staff; allocates resources accordingly.
2. Participates in the development of policies and procedures; monitors work activities to ensure compliance with established policies and procedures; makes recommendations for changes and improvements to existing standards and procedures.
3. Recommends and assists in the implementation of goals and objectives; implements approved policies and procedures.
4. Conducts complex financial and management studies to evaluate District system performance and operating efficiency; prepares and presents study findings and recommendations; implements recommendations and provides assistance to District departments in assessing performance against stated objectives.
5. Performs the most technical and complex tasks of the work unit including specialized analyses and studies related to the District's budgeting, financial control and management analysis functions.
6. Provides financial oversight on assigned projects; identifies funding sources; projects cash flow requirements; maintains budgetary records for proposed projects; compiles actual project costs; performs financial, statistical and comparative analysis of actual and budgeted costs.
7. Participates in the preparation and administration of District-wide budgets; compiles and analyzes budget data; coordinates activities within other divisions and departments.
8. Analyzes contract provisions and change orders related to approved cost of work and budget allocations; analyzes and reports cost variances; ensures that cost control methods are implemented and applied to program objectives.
9. Develops and recommends improvements to computerized financial management system.
10.Participates in the selection of assigned staff; provides or coordinates staff training; works with employees to correct deficiencies; implements discipline procedures.
11. Prepares analytical and statistical reports on operations and activities.
12. Attends and participates in professional group meetings; stays abreast of new trends and innovations in the field of financial analysis and program management.
13. May plan, prioritize, assign, supervise, review and participate in the work of staff responsible for complex financial, statistical and project control analysis in assigned area.

Minimum Qualifications

Education:
A Bachelor's degree in business administration, accounting, economics or a closely related field from an accredited college or university.
Experience:
Four (4) years of (full-time equivalent) verifiable professional budgetary, financial or management analysis experience.
Substitution:
Additional professional experience as outlined above may be substituted for the education on a year-for-year basis. A college degree is preferred.
WORKING CONDITIONS
Environmental Conditions:
Office environment; exposure to computer screens.
Physical Conditions:
May require maintaining physical condition necessary for sitting for prolonged periods of time.
Knowledge of:
Operations, services and activities of a comprehensive budget and financial control program. Principles of supervision, training and performance evaluation. Principles of financial and operational analysis. Financial, statistical and comparative analysis techniques and formulas. Principles and practices of project budget development, administration and control. Advanced principles and practices of accounting. Principles and practices of financial project management and scheduling. Methods and techniques for assessing performance against established objectives. Current office procedures, methods and equipment including computers. Applicable computer software applications. Related Federal, State and local laws, codes and regulations. Skill in:
Selecting, supervising, training and evaluating staff. Performing complex financial, statistical, comparative and management analyses. Establishing and implementing procedures for budget and project control. Identifying funding sources for proposed and current projects. Performing accurate complex financial calculations. Developing, organizing and maintaining accurate financial records. Interpreting complex computerized records and reports. Interpreting complex contract provisions and change orders. Interpreting and explaining District policies and procedures. Preparing clear and concise financial and administrative reports. Operating office equipment including computers and supporting word processing and spreadsheet applications. Communicating clearly and concisely, both orally and in writing. Establishing and maintaining effective working relationships with those contacted in the course of work.

Selection Process

This position is represented by American Federation of  State, County, and Municipal Employees (AFSCME). Applications will be screened to assure that minimum qualifications are met.  Those applicants who meet minimum qualifications will then be referred to the hiring department for the completion of further selection processes.

The selection process for this position may include a skills/performance demonstration, a written examination, and/or an individual or panel interview.

The successful candidate must have an employment history demonstrating reliability and dependability; provide copies of certificates, diplomas or other documents as required by law, including those establishing his/her right to work in the U. S.; pass a pre-employment medical examination which includes a drug and alcohol screen, and which is specific to the essential job functions and requirements.  Pre-employment processing will also include a background check.  (Does not apply to current full-time District employees unless specific job requires additional evaluations)

The selection process for this position will be in accordance with the applicable collective bargaining agreement.

Application Process

External applicants may only apply online, at www.bart.gov/jobs.  Applicants needing assistance with the online application process may receive additional information by calling (510) 464-6112.   

Current employees are strongly encouraged to apply online, either at www.bart.gov/jobs, or on WebBART.  Current employees may also apply using a BART paper application by delivering the completed form to the Human Resources Department, or by mailing it to P. O. Box 12688, Oakland, CA 94604-2688. 

All applicants are asked to complete the application in full, indicating dates of employment, all positions held, hours worked, and a full description of duties.  On line applicants are invited to electronically attach a resume to the application form to provide supplemental information, but should not consider the resume a substitute for the application form itself.

Applications must be complete by the closing date and time listed on the job announcement.

Equal Employment Opportunity

The San Francisco Bay Area Rapid Transit District is an equal opportunity employer. Applicants shall not be discriminated against because of race, color, sex, sexual orientation, gender identity, gender expression, age (40 and above), religion, national origin (including language use restrictions), disability (mental and physical, including HIV and AIDS), ancestry, marital status, military status, veteran status, medical condition (cancer/genetic characteristics and information), or any protected category prohibited by local, state or federal laws.

The BART Human Resources Department will make reasonable efforts in the examination process to accommodate persons with disabilities or for religious reasons. Please advise the Human Resources Department of any special needs in advance of the examination by emailing at least 5 days before your examination date at employment@bart.gov .

Qualified veterans may be eligible to obtain additional veteran's credit in the selection process for this recruitment (effective Jan. 1, 2013). To obtain the credit, veterans must attach to the application a DD214 discharge document or proof of disability and complete/submit the Veteran's Preference Application no later than the closing date of the posting. For more information about this credit please go to the Veteran's Preference Policy and Application link at www.bart.gov/jobs.


Other Information

Please be prepared to present documentation in support of any required licenses, degrees, or certifications upon request.
Please note that any job announcement may be canceled at any time.

Note

When you have successfully applied for this position you will receive an auto reply e-mail acknowledging that your application was received for this position. Please retain a copy of the e-mail for your records. If you receive an auto reply that does not specifically reference this position, please email Employment Help at employment@bart.gov for assistance.

To verify submission of your application, click on the 'My Career Tools' link at the top of the 'Careers Home Page' after submitting your application to view the list of applications you have submitted (including application date and status). If you have further questions, please email the Employment Help at employment@bart.gov , between the hours of 8:15am - 5:00pm, Monday- Friday.

Job Address

Oakland, California United States View Map