The Financial Analyst I is responsible for the research and analysis of financial information and the development of recommendations concerning capital requirements, proposed rates for services, bond issues, proposed financing, or other issues. This position is governed by state and federal laws and institution policy.
Researches and analyzes a wide variety of financial information, such as income received from rates, capital invested, company or agency financial status, rate processes, cost allocation, financial journals, economic reports, or related data to develop recommendations.
Prepares a variety of reports and recommendations, writing detailed analysis of findings to support recommendations.
Prepares and presents testimony and depositions in administrative or court hearings, participates in pre-hearing conferences, and responds to questions to support agency recommendations and findings.
May review planned expenditures and project future costs to recommend rate structure changes.
May monitor state and/or federal legislation in determining necessary changes to rate structures.
May present testimony at hearings or in depositions as expert witness to support recommendations or analysis.
Performs other duties as assigned.
SPECIAL JOB DIMENSIONS:
Occasional overnight travel is required.
KNOWLEDGE, ABILITIES, AND SKILLS:
Knowledge of the principles and practices of finance and accounting. Knowledge of mathematics and statistical analysis. Ability to analyze financial reports, financial statements, and other records to evaluate the current financial condition of a company or feasibility of financial proposals. Ability to prepare and present oral and written analytical reports. Ability to present testimony in administrative and court hearings and respond to cross examination.
MINIMUM EDUCATION AND/OR EXPERIENCE:
The formal education equivalent of a bachelor’s degree in accounting, finance, business administration, or a related field; plus one year of experience in financial analysis or management.
CERTIFICATES, LICENSES, REGISTRATIONS:
Must possess a valid Arkansas driver