Financial Analyst

The Position

Come to a City that Builds Careers! As one of the largest cities in Broward County, the City of Hollywood provides an energetic, innovative and collaborative work environment for its employees. Want Top Notch Insurance? We offer low cost health insurance giving you the best value - Medical, Dental, Vision and Flexible Spending Plans. Need Work Life Balance? We have got you covered with a 4-Day Work Week and an Award Winning Wellness Program. And We Don’t Stop There. The City of Hollywood provides a generous Paid Time Off Program inclusive of 13 Paid Holidays, Vacation Leave, Personal Leave, and Sick Leave. Repaying Student Loans? Employees at the City with 10 years of public service and on-time payments qualify for the Federal Student Loan Forgiveness Program. Let’s Partner Together and Come Grow with the City of Hollywood. Apply Now!

For more information about this position and our competitive pay, benefits package and pension plan, refer to this job posting or our City website at https://www.governmentjobs.com/careers/hollywoodfl .

Under the general direction of the Director, Office of Parking & Intergovernmental Affairs, performs detailed cost and financial analysis. Develops and interprets detailed accounting information and makes recommendations regarding the efficient utilization of resources and the proper accounting for transactions. Exercises discretion and creativity as to work details on assignments of a varied, diverse and difficult nature. Assists in solving complex technical problems in areas where no precedent exists.

The Requirements

1. Performs specific tasks related to rate development, including cost centers and their related expenses, and calculating recovery rates; prepares related reports.

2. Creates and analyzes monthly, quarterly, and annual reports and ensures financial information has been recorded accurately.

3. Performs specialized financial or cost analyses; prepares related reports.

4. Provides technical assistance in the design of cost accounting or reporting systems and related forms and documents.

5. Performs financial forecasting and reconciliation of internal accounts.

6. Identifies trends and developments in the field of financial analysis and parking operations.

7. Assists Director, Office of Parking & Intergovernmental Affairs, in reviews of financial and internal controls to determine whether such controls are adequate to meet management objectives and ensure the safeguarding of assets.

8. Assemble spreadsheets and prepare charts and graphs used to illustrate technical reports.

9. Performs specific tasks related to budget practices and policies; recommends changes to enhance operating efficiencies.

10. Researches and prepares reports for management review concerning revenues and expenditures including short and long term forecasts for revenue, expenditure and financial trends.

11. Performs cost analysis of parking operations.

12. Performs related work as required.

The Examination

Graduation from an accredited college or university with a major in Accounting, Finance, or Business Administration supplemented by two (2) years of auditing, cost accounting, governmental budgeting and/or financial analysis experience; or an equivalent combination of training and experience. M.B.A or M.P.A. may substitute for one (1) year experience.

Additional Information

Knowledge of the principles and practices of governmental budgeting and accounting including general and specific revenue, debt service, capital projects, enterprise, internal service, purchasing and taxation.

Knowledge of cost and financial accounting principles, practices and procedures.

Knowledge of microcomputer spreadsheets, word processing, graphics, and database management systems.

Knowledge of principles and techniques used in conducting management studies, system analyses and financial analyses.

Knowledge of internal control systems and procedures.

Skill in performing complex numerical calculations.

Skill in preparing complex management reports and presentations in a timely basis.

Skill in the use of personal computers and related financial and statistical software products.

Skill in both verbal and written communication.

Ability to evaluate complex financial documents; ability to conduct thorough analytical work.

SUMMARY OF BENEFITS FOR PROFESSIONAL EMPLOYEES

• Professional employees shall be provided with 200 hours of vacation leave per vacation year (the vacation year shall begin on October 1st and end on the following September 30th). Employees shall be required to utilize 80 hours of vacation during the vacation year in which it is earned or it will be lost at the end of the vacation year. The remaining 120 hours may be carried forward and must be used within 18 months following the vacation year in which the leave is earned or be liquidated by cash payment at that time. The employee will become eligible for liquidation of accrued leave after approximately two years of employment. Leave that is liquidated shall be paid at the employee's rate of pay when the vacation time was earned.

• Professional employees accrue eight hours sick leave for each month worked with no limit on the amount that is accumulated. Additionally, each fiscal year an employee shall have the option of converting a maximum of 40 hours of accrued sick leave days to personal leave, provided the employee has a balance of 96 hours after the conversion.

Accrued sick leave shall be terminally paid at the following rates in relationship to full years of credited service with the City to a maximum of 1200 hours (e.g., an employee with 20 or more years of service with 1200 (or more) hours of sick leave shall be paid at 80% of 1200 hours, which would be 960 hours):

Accrued Sick Leave Payout

• Less than five (5) years 20% sick leave
• Five (5) to ten (10) years 40% sick leave
• Ten (10) or more years 70% sick leave
• More than twenty (20 years) 80% sick leave

Upon the accumulation of 300 sick leave hours, all employees have the option of converting the next forty (40) hours of sick leave to vacation days.

• Employees may participate in the City's Sick Leave Pool Program upon the completion of one year of employment and with a minimum accumulation of 96 hours of sick and/or vacation leave. This program entitles eligible employees to participate in extended sick leave benefits for cases involving non-work related catastrophic or long-term illnesses or injuries.
• Professional employees shall receive the following holidays:

New Year's Day Martin Luther King, Jr.'s Birthday President's Day Memorial Day
Juneteenth Independence Day Labor Day Veteran's Day
Thanksgiving Day Day after Thanksgiving Christmas Eve Christmas Day
New Year's Eve

• Professional employees will receive two paid wellness workdays (either 8 or 10 hour days) each fiscal year. These days are provided to promote well-being and wellness. These paid workdays must be used within the fiscal year in which they are earned or will be lost.
• Professional employees will receive 40 hours of paid bereavement leave in the event of an immediate family member passing.
• Professional employees will receive longevity compensation added to their base salary for the following cumulative years of service with the City:

• 5 years of service 5%
• 10 years of service 3%
• 12.5 years of service 2.75%
• 15 years of service 2%

• Professional employees shall be eligible to participate in a Disability Salary Replacement program that will provide for a 60% base salary benefit after a 90 day waiting period. During the 90 day waiting period, an employee may utilize accrued sick and vacation leave. Upon entering the program, the employee may continue to use sick and vacation leave to make up the difference between 60% of salary and 100% of salary.
• Professional employees and families shall be provided the option of coverage in the City’s health insurance plans. The City will contribute 80% of the premium for employees electing single or dependent coverage on the OAP plan and the employee will be responsible for contributing 20% of the premium; The City will contribute 100% of the premium for employees electing single coverage on the OAPIN plan. For employees adding dependents, the City will contribute 90% toward the premium and the employee will be responsible for contributing 10% of the premium. For 2024, the biweekly rates are as follows:

Enrollment Tier |Medical OAP |Medical OAPIN
Employee Only|$87.89 |$0
Employee +1|$175.78 |$39.34
Employee + 2 or More|$281.24 |$86.56

• Each member shall have the option of completing an annual wellness preventative physical through the City’s contracted provider currently named Life Scan with the costs of the scan paid for by the City up to $395 for each member which includes a comprehensive medical evaluation, ultrasound imaging, cardio-pulmonary assessments, vision and hearing test, and extensive laboratory blood profiles.
• Professional employees shall be provided group dental with $19.00 of the monthly premium costs paid by the City. There are three plans offerings. For 2024, the biweekly rates are as follows:

Enrollment Tier|Dental DPPO Low|Dental DPPO High|Dental DPPO Buy UP
Employee Only|$5.17|$21.37|$25.11
Employee +1|$14.80|?$40.68|$46.82
Employee + 2 or More|$23.69|$58.51|$66.86

• Professional employees shall have the option to purchase vision coverage through payroll deductions. Three plans are offered.

Enrollment Tier|VSP Option 1|VSP Option 2|VSP Option 3
Employee Only|$2.36|$3.87|$4.44
Employee +1|$4.73|$7.73|$8.87
Employee + 2 or More|$7.61|$12.45|$14.28

• Professional employees will receive from the City a “use it or lose it” Health Reimbursement Account annually. The amount to the employee is determined by the employee’s medical enrollment status or if no coverage is elected then it will default to the lowest level. The level of the City contribution will be reevaluated once a year. The levels are: Single or no coverage = $400; Employee plus one = $600; and Employee plus two or more = $1000. In addition, the employee may establish and contribute to a Flexible Spending Account.
• Professional employees shall be provided with term life insurance of $100,000 with double indemnity provision with all premium costs paid by the City. Employees shall have the option of purchasing additional term life insurance at group rates up to an additional maximum amount of $475,000.
• All employees will be required to contribute 8% pretax dollars to the employee’s retirement fund. Employees are vested in the retirement plan after completing seven years of service. The service retirement annuity (pension) is equal to 2.5% of the employee's average salary for the highest 130 consecutive biweekly pay periods of credited service multiplied by the employee's years of credited service. Retirement is at age 65 with seven years of service, or age 62 with 25 years of service, or 30 years of service. To file a claim for benefits under the General Pension Plan or to receive a copy of the Plan or a copy of the Summary Plan Description (SPD), contact the Pension Coordinator at 954-921-3333.
• Professional employees, who complete their probationary period and receive “satisfactory” or better Employee Performance Evaluations, shall be eligible to participate in the City Educational Reimbursement Program for job-related undergraduate and graduate course work. General employees should request approval prior to taking any courses. The City pays as follows to a maximum total of $3,000.00 for tuition annually:

Graduate and Undergraduate Benefit

Grade of B or better 100% reimbursement at State tuition rates
Grade of Pass 100% reimbursement at State tuition rates
Grade of C 50% reimbursement at State tuition rates

Employees will be eligible to receive 100% reimbursement for books with approval of the City Manager/designee.

Employees who receive benefits under this program, who voluntarily leave the City's employment within two (2) years of receiving such benefit, shall be responsible for reimbursing the City for the cost of this benefit.

• Professional employees may enter into a Deferred Compensation Program through payroll deduction.
• Professional employees have the option of joining the Sun Credit Union.
• Professional employees have the option of participating in payroll Direct Deposit.
• Professional employees have the option of participating in Pre-paid Legal/ID Theft Protection Plans and Supplemental Insurance, i.e. AFLAC, through voluntary payroll deductions.
• Professional employees are eligible to participate in the City’s Work/Life Assistance Program offering a wide range of services and support.
• Professional employees may have access the City’s fitness facility free of charge.

IMPORTANT NOTICE - This document ‘BENEFITS SUMMARY’, is intended only as a summary of some of the benefits employees may be entitled to as an employee of the City of Hollywood. This is NOT a legal document, does NOT represent any guarantees, and is subject to change at any time.

Closing Date/Time: 9/12/2024 11:59 PM Eastern

61,939

Hollywood, Florida United States View Map