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Financial Research Analyst IV

Cook County
Chicago, Illinois, United States (hybrid)
7 days ago

Description

General Overview:

The Research, Analysis and Forecasting team is comprised of individuals with complimentary areas of expertise, knowledge and experience. The primary areas of focus include management reporting, internal financial analysis, budget development, revenue compilation and forecasting, ordinance analysis, bond issuance and compliance, and various other related areas. The Financial Research Analyst supports the President, Chief Financial Officer, and others in their decision-making by developing a functional end-product with detailed quantitative and qualitative analysis.

Key Responsibilities and Duties:

Responsibilities include various ongoing and one-time projects. A project's scope may include part of, or all the areas listed below. The Analyst's focus will usually be on the financial, legal, statistical and/or strategic side of a project.

Assist the Chief Financial Officer, Director of Budget and Management Services or other department Directors or Managers on special projects.

Develop program plans which satisfy legal, County or customer requirements for program status.

Participate as a member of the Bond Team in the issuance of bonds, ongoing compliance and other bond related issues that arise.

Develop and administer protocols for bond compliance to ensure that the County complies with County ordinances, State and Federal statutes and contractual obligations related to the County's current and future bond issues.

Establish, nurture and maintain relationships with subject matter experts within and outside County government.

Utilize automated data collection and reporting systems and techniques to monitor programs and projects against the forecasts. Prepare variance analyses and identify appropriate corrective action. Revise forecasts to reflect variances.

Analyze program status to provide up-to-date Estimates To Complete (ETC) and Estimates At Completion (EAC).

Develop policies and standard operating procedures for processes that fall under the authority of the Chief Financial Officer.

Develop or participate in the development and review of Requests for Proposals (RFP) for the Bureau of Finance.

Analyze historic and current program performance data to develop cost and schedule estimates in response to requests for proposal submissions. Prepare supporting data to be used in negotiations, audits and fact findings.

Analyze current revenue processes, revenue received by Cook County from various departments and sources, revenue timing differences and taxes received by Cook County and other local taxing jurisdictions from the State of Illinois. Compare Cook County's processes to other governments with similar tax types.

Compile revenue estimates and explanations to support revenue estimates received from various departments and suggest various revenue initiatives.

Research existing and new revenues and fee types, revenue issues, State laws and County Code, and present legal / historical facts.

Prepare correspondence, fund reconciliations, and promote timely reporting. Develop questions and observations.

Organize facts for various issues and suggest reporting improvements. Recommend and implement improvements to current processes.

Participate in or contribute to process/quality improvement teams and/or initiatives. Support or implement performance driven changes in processes and procedures.

Assist in the preparation of the annual operating and five-year financial forecasts. Coordinate internal and external program audits.

Perform other duties and responsibilities as required.

Knowledge, Skills and Abilities:

Ability to prepare and design complete, clear and accurate reports for management and commissioners.

Strong analytical skills and demonstrated ability to perform complex analysis.

Advanced knowledge of Microsoft Office products. Financial forecasting experience.

Ability to interface with all levels of management. Ability to work well in a team environment.

Excellent written and oral communication and presentation skills.



Requirements

Minimum Qualifications:

Graduation from an accredited college or university with a bachelor's degree PLUS a minimum of three (3) years' work experience in Finance, Business Management or Public Administration OR, an equivalent combination of professional work experience, training and education.

Preferred Qualifications:

Graduation from an accredited college or university with a master's degree in or Finance, Business Management or Public Administration.

Job Information

  • Job ID: 67402262
  • Workplace Type: Hybrid
  • Location:
    Chicago, Illinois, United States
  • Company Name For Job: Cook County
  • Position Title: Financial Research Analyst IV
  • Industry: Government/Civil Service
  • Job Function: Accounting/Finance
  • Job Type: Full-Time
  • Min Education: BA/BS/Undergraduate
  • Min Experience: 3-5 Years
Government
Chicago , IL , US

Passion. Innovation. Purpose. Anyone can us these words. At Cook County, we live them. Under the leadership of County President Toni Preckwinkle, the nation’s second largest county is ready to meet today’s challenges with ideas and inspiration from a workforce that represents our home - diverse, innovative, dedicated; unafraid to solve problems and build the equitable, vibrant, sustainable communities we want to live in. Cook County employs over 22,000 employees who work in a variety of skilled jobs and trades. Health C...

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