Financial Analyst II

Profile

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 San Francisco **MEMBERS ONLY**SIGN UP NOW***. (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 **** .
Department
Operating Budgets
Pay and Benefits
BART offers comprehensive compensation and benefits programs. Benefits include CalPERS pension; excellent medical (effective January 1, 2022 current employee cost $157.35 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
Salary range : $97,718.22 to $127,033.91 (AFSCME Payband D)
Note: Initial salary offer will bve between $97,718.22 to $112,376.07 (commensurate with experience)
Posted Date
February 16, 2022
Closing Date
Open Until Further Notice
Initial screening of applications/resumes will commence on Mrarch 4, 2022.
Reports To
Division Manager for Capital Budget and Funds Management, BHQ.
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 **MEMBERS ONLY**SIGN UP NOW***. (BART) is recruiting to fill a Financial Analyst II position to support Capital Budget and Funds Management. The Capital Budget and Funds Management Division is responsible for developing and updating BART's capital budget; monitoring and controlling its capital award spending; reporting to and compliance with external funders including the Federal Transit Administration, Metropolitan Transportation Commission, CalTrans and others; managing the system for capital project expenditures; and performing related financial analysis to support the work of other BART departments. The Financial Analyst II will collaborate with managers and peer analysts to perform the duties of this division.
The key responsibility of this role is to coordinate BART's external reporting responsibilities, while relying on subject matter experts for content, which require strong execution and analytic abilities, including:
Understanding external award management and grant compliance.
Working independently and defining workload.
Taking the initiative, including support of improvements to processes and procedures.
Identifying and understanding problems and opportunities and devising appropriate solutions.
Building and maintaining relationships throughout the District.
The ideal candidates can accomplish these key responsibilities through strong execution and analytical abilities, including:
Seeks the yes, when faced with a seemingly untenable demand from a project team member while maintaining and implementing compliance standards.
Some experience in capital budgeting and capital spending within a public agency.
Substantial experience in data management and analysis.
Experience budgeting expenses, tracking, and analyzing financial performance, developing fiscal projections, and preparing and presenting monthly and quarterly reports.
Experience in reporting fiscal, performance, and/or other data.
Developing and modifying monthly, quarterly and annual reports to suit a variety of audiences, including internal/external stakeholders, senior management and external Agencies.
Some experience with PeopleSoft, Hyperion, or other relational database financial systems, including data entry, reporting, query design, and model development/modification.
Some experience in an environment undergoing process and procedure improvements; engaging in change management.
Ability to proactively monitor financial information including spending and recommending solutions to spending efficiencies.
Ability to analyze, interpret, and implement complex policies, MOUs, or agreements.
Taking the initiative, including support of improvements to processes and procedures.
Building and maintaining relationships throughout the District.
Essential Job Functions
1. Performs professional level duties in support of budget development and administration, financial
analysis and project control; collects financial or project data; analyzes and verifies data for accuracy;
adjusts discrepancies; enters project data into the financial management system(FMS).
2. Prepares analyses related to the District's budgeting and financial control functions including
revenue forecasts, program costs and operational efficiency.
3. Prepares monthly project control reports for assigned projects and programs; recommends
programming changes on project control reports to meet District reporting requirements;
coordinates reports with appropriate District staff.
4. Reviews vendor invoices; determines accuracy of charges and funding availability; summarizes
and allocates project costs prior to management approval; processes vendor invoices for payment.
5. Prepares monthly expense summary for assigned division or project; reconciles vendor accounts.
6. Assists in the preparation and implementation of the District's annual budget; prepares budget
analysis as required; ensures maintenance of expenditure records which conform to funding agency
and District reporting requirements.
7. Writes, edits and finalizes reports included in the District's budget manuals; participates in the
development and presentation of financial reports and analyses.
8. Projects cash flow requirements; maintains budgetary records for funded projects; prepares
analyses for multiple funding sources; assists division or project with cost distribution.
9. Assists in financial and management studies to evaluate District system and operating efficiency.
prepares and presents study findings and recommendations; assists with the implementation of
study recommendations.
10. Provides assistance to budget coordinators in staff, labor and operational analyses.
11. Assists in the implementation of the financial information management system; inputs new and
existing project data in the system to provide District-wide project control reporting.
12. Participates in special projects as assigned.
Minimum Qualifications
Education :
Bachelor's degree in Business Administration, Accounting, Economics or a closely related field from an
accredited college or university.
Experience :
Two (2) years of (full-time equivalent) verifiable professional financial, budget 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:
- Principles of budgetary administration, financial control and monitoring
- Principles and practices of cash flow analysis and cost accounting
- Methods and techniques for assessing performance against established objectives
- Financial, statistical and comparative analysis and formulas
- Basic programming language, systems installation and project set-up
Skill/Ability in:
- Establishing and implementing procedures for project control and monitoring
- Monitoring information/data obtained from performance indicators to ensure with established goals
- Interpreting computerized financial records and reports
- Performing financial, statistical, comparative and management analyses of financial, budgeting and
organizational systems
- Developing, organizing and maintaining accurate records of financial correspondence and data
- Working independently in the absence of supervision
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 ****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 ****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 **MEMBERS ONLY**SIGN UP NOW***. 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 **** .
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 ****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 **** 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 **** , between the hours of 8:15am - 5:00pm, Monday- Friday.
Essential Job Functions
The San Francisco **MEMBERS ONLY**SIGN UP NOW***. (BART) is recruiting to fill a Financial Analyst II position to support Capital Budget and Funds Management. The Capital Budget and Funds Management Division is responsible for developing and updating BART's capital budget; monitoring and controlling its capital award spending; reporting to and compliance with external funders including the Federal Transit Administration, Metropolitan Transportation Commission, CalTrans and others; managing the system for capital project expenditures; and performing related financial analysis to support the work of other BART departments. The Financial Analyst II will collaborate with managers and peer analysts to perform the duties of this division.
The key responsibility of this role is to coordinate BART's external reporting responsibilities, while relying on subject matter experts for content, which require strong execution and analytic abilities, including:
Understanding external award management and grant compliance.
Working independently and defining workload.
Taking the initiative, including support of improvements to processes and procedures.
Identifying and understanding problems and opportunities and devising appropriate solutions.
Building and maintaining relationships throughout the District.
The ideal candidates can accomplish these key responsibilities through strong execution and analytical abilities, including:
Seeks the yes, when faced with a seemingly untenable demand from a project team member while maintaining and implementing compliance standards.
Some experience in capital budgeting and capital spending within a public agency.
Substantial experience in data management and analysis.
Experience budgeting expenses, tracking, and analyzing financial performance, developing fiscal projections, and preparing and presenting monthly and quarterly reports.
Experience in reporting fiscal, performance, and/or other data.
Developing and modifying monthly, quarterly and annual reports to suit a variety of audiences, including internal/external stakeholders, senior management and external Agencies.
Some experience with PeopleSoft, Hyperion, or other relational database financial systems, including data entry, reporting, query design, and model development/modification.
Some experience in an environment undergoing process and procedure improvements; engaging in change management.
Ability to proactively monitor financial information including spending and recommending solutions to spending efficiencies.
Ability to analyze, interpret, and implement complex policies, MOUs, or agreements.
Taking the initiative, including support of improvements to processes and procedures.
Building and maintaining relationships throughout the District.
Essential Job Functions
1. Performs professional level duties in support of budget development and administration, financial
analysis and project control; collects financial or project data; analyzes and verifies data for accuracy;
adjusts discrepancies; enters project data into the financial management system(FMS).
2. Prepares analyses related to the District's budgeting and financial control functions including
revenue forecasts, program costs and operational efficiency.
3. Prepares monthly project control reports for assigned projects and programs; recommends
programming changes on project control reports to meet District reporting requirements;
coordinates reports with appropriate District staff.
4. Reviews vendor invoices; determines accuracy of charges and funding availability; summarizes
and allocates project costs prior to management approval; processes vendor invoices for payment.
5. Prepares monthly expense summary for assigned division or project; reconciles vendor accounts.
6. Assists in the preparation and implementation of the District's annual budget; prepares budget
analysis as required; ensures maintenance of expenditure records which conform to funding agency
and District reporting requirements.
7. Writes, edits and finalizes reports included in the District's budget manuals; participates in the
development and presentation of financial reports and analyses.
8. Projects cash flow requirements; maintains budgetary records for funded projects; prepares
analyses for multiple funding sources; assists division or project with cost distribution.
9. Assists in financial and management studies to evaluate District system and operating efficiency.
prepares and presents study findings and recommendations; assists with the implementation of
study recommendations.
10. Provides assistance to budget coordinators in staff, labor and operational analyses.
11. Assists in the implementation of the financial information management system; inputs new and
existing project data in the system to provide District-wide project control reporting.
12. Participates in special projects as assigned.
Minimum Qualifications
Education :
Bachelor's degree in Business Administration, Accounting, Economics or a closely related field from an
accredited college or university.
Experience :
Two (2) years of (full-time equivalent) verifiable professional financial, budget 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:
- Principles of budgetary administration, financial control and monitoring
- Principles and practices of cash flow analysis and cost accounting
- Methods and techniques for assessing performance against established objectives
- Financial, statistical and comparative analysis and formulas
- Basic programming language, systems installation and project set-up
Skill/Ability in:
- Establishing and implementing procedures for project control and monitoring
- Monitoring information/data obtained from performance indicators to ensure with established goals
- Interpreting computerized financial records and reports
- Performing financial, statistical, comparative and management analyses of financial, budgeting and
organizational systems
- Developing, organizing and maintaining accurate records of financial correspondence and data
- Working independently in the absence of supervision
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 ****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 ****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 **MEMBERS ONLY**SIGN UP NOW***. 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 **** .
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 ****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 **** 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 **** , between the hours of 8:15am - 5:00pm, Monday- Friday.
Job Address
Oakland
California
United States
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Employer:
BART
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About BART (Bay Area Rapid Transit)
The BART story began in 1946. It began not by governmental fiat, but as a concept gradually evolving at informal gatherings of business and civic leaders on both sides of the San Francisco Bay. Facing a heavy post-war migration to the area and its consequent automobile boom, these people discussed ways of easing the mounting congestion that was clogging the bridges spanning the Bay. In 1947, a joint Army-Navy review Board concluded that another connecting link between San Francisco and Oakland would be needed in the years ahead to prevent intolerable congestion on the Bay Bridge. The link? An underwater tube devoted exclusively to high-speed electric trains.
Since 1911, visionaries had periodically brought up this Jules Verne concept. But now, pressure for a traffic solution increased with the population. In 1951, the State Legislature created the 26-member San Francisco Bay Area Rapid Transit Commission, comprised of representatives from each of the nine counties which touch the Bay. The Commission's charge was to study the Bay Area's long range transportation needs in the context of environmental problems and then recommend the best solution.
The Commission advised, in its final report in 1957, that any transportation plan must be coordinated with the area's total plan for future development. Since no development plan existed, the Commission prepared one itself. The result of their thoroughness is a master plan which did much to bring about coordinated planning in the Bay Area, and which was adopted a decade later by the Association of Bay Area Governments (ABAG).
The BART Concept is Born
The Commission's least-cost solution to traffic tie-ups was to recommend forming a five-county rapid transit district, whose mandate would be to build and operate a high-speed rapid rail network linking major commercial centers with suburban sub-centers.
The Commission stated that, If the Bay Area is to be preserved as a fine place to live and work, a regional rapid transit system is essential to prevent total dependence on automobiles and freeways.
Thus was born the environmental concept underlying BART. Acting on the Commission's recommendations, in 1957, the Legislature formed the San Francisco **MEMBERS ONLY**SIGN UP NOW***., comprising the five counties of Alameda, Contra Costa, Marin, San Francisco and San Mateo. At this time, the District was granted a taxing power of five cents per $100 of assessed valuation. It also had authority to levy property taxes to support a general obligation bond issue, if approved by District voters. The State Legislature lowered the requirement for voter approval from 66 percent to 60 percent.
Between 1957 and 1962, engineering plans were developed for a system that would usher in a new era in rapid transit. Electric trains would run on grade-separated right-of-ways, reaching maximum speeds of 75-80 mph, averaging perhaps 45 mph, including station stops. Advanced transit cars, with sophisticated suspensions, braking and propulsion systems, and luxurious interiors, would be strong competition to King Car in the Bay Area. Stations would be pleasant, conveniently located, and striking architectural enhancements to their respective on-line communities.
BART employees in the 1970s.
Hundreds of meetings were held in the District communities to encourage local citizen participation in the development of routes and station locations. By midsummer, 1961, the final plan was submitted to the supervisors of the five District counties for approval. San Mateo County Supervisors were cool to the plan. Citing the high costs of a new system-plus adequate existing service from Southern Pacific commuter trains - they voted to withdraw their county from the District in December 1961.
With the District-wide tax base thus weakened by the withdrawal of San Mateo County, Marin County was forced to withdraw in early 1962 because its marginal tax base could not adequately absorb its share of BART's projected cost. Another important factor in Marin's withdrawal was an engineering controversy over the feasibility of carrying trains across the Golden Gate Bridge.
BART had started with a 16-member governing Board of Directors apportioned on county population size: four from Alameda and San Francisco Counties, three from Contra Costa and San Mateo, and two from Marin. When the District was reduced to three counties, the Board was reduced to 11 members: four from San Francisco and Alameda, and three from Contra Costa. Subsequently, in 1965, the District's enabling legislation was changed to apportion the BART Board with four Directors from each county, thus giving Contra Costa its fourth member on a 12-person Board. Two directors from each county, hence forth, were appointed by the County Board of Supervisors. The other two directors were appointed by committees of mayors of each county (with the exception of the City and County of San Francisco, whose sole mayor made these appointments).
The five-county plan was quickly revised to a three-county plan emphasizing rapid transit between San Francisco and the East Bay cities and suburbs of Contra Costa and Alameda counties. The new plan, elaborately detailed and presented as the BART Composite Report, was approved by supervisors of the three counties in July 1962, and placed on the ballot for the following November general election.
The plan required approval of 60 percent of the District's voters. It narrowly passed with a 61.2 percent vote District-wide, much to the surprise of many political experts who were confident it would fail. Indeed, one influential executive was reported to have said: If I'd known the damn thing would have passed, I'd never have supported it.
The voters approved a $792 million bond issue to finance a 71.5 mile high-speed transit system, consisting of 33 stations serving 17 communities in the three counties. The proposal also included another needed transit project: rebuilding 3.5 miles of the San Francisco Municipal Railway. The new line would link muni streetcar lines directly with BART and Market Street stations, and four new Muni stations would be built.
The additional cost of the transbay tube -- estimated at $133 million -- was to come from bonds issued by the California Toll Bridge Authority and secured by future Bay Area Bridge revenues. The additional cost of rolling stock, estimated at $71 million, was to be funded primarily from bonds issued against future operating revenues. Thus, the total cost of the system, as of 1962, was projected at $996 million. It would be the largest single public works project ever undertaken in the U.S. by the local citizenry.
After the election, engineers immediately started work on the final system designs, only to be halted by a taxpayer's suit filed against the District a month later. The validity of the bond election, and the legality of the District itself, were challenged. While the court ruled in favor of the District on both counts, six months of litigation cost $12 million in construction delays. This would be the first of many delays from litigation and time-consuming negotiations involving 166 separate agreements reached with on-line cities, counties, and other special districts. The democratic processes of building a new transit system would prove to be major cost factors that, however necessary, were not foreseen.
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