Senior Financial Analyst - Public Service Manager II
State of MaineAbout the role
Location: Augusta, Maine 04330,None,None
Opening Date: July 17, 2024
Closing Date: July 31, 2024
Job Class Code: MA30
Grade: 30
Salary: $71,843.20 – $101,587.20/Year
Position Number: 072002332
Department of Administrative and Financial Services
General Government Service Center
Public Service Manager II - Senior Financial Analyst
Who We Are: The General Government Service Center (GGSC) is one of five financial service centers within the Department of Administrative and Financial Services established to provide centralized accounting and budgeting services to agencies across state government. GGSC customers include the Department of Administrative and Financial Services (including Information Technology, Real Estate, Purchases, Lottery, Alcohol and Cannabis), the Governor’s Office, the Department of Economic and Community Development, the Department of Education, various Boards and Commissions as well as the Cultural Agencies—a mix of government entities that adds variety to standard accounting practices.
About The Position:
This position manages a team of three financial analysts. The primary focus of the Senior Financial Analyst is to provide financial and consultative, professional advice and expertise about significant issues to agency and executive management. This position may provide leadership for selected activities or projects, but the primary focus is to provide financial and consultative expertise. This position provides specialized expertise on various administrative, legislative, or policy matters and their impact. The scope of responsibility is well defined by statute, regulation, grant or agency policy and the issues are moderately complex. Responsibilities include consulting, evaluating, and integrating operational practices, procedures, and activities in support of outcomes of policy or program initiatives, and may include providing leadership on selected activities involving other personnel, task force or committees, advocates, or members of the public. This position supports the following processes and reports: Budget orders, financial orders, work programs, supplemental/biennial budgets, cash/lapsed balance trends, weekly allotment status, personal services monitoring and ad hoc GGSC information request.
Representative Tasks:
- Provides budgetary information, revenue forecasts, and analyses of Department finances to keep administrators informed of Department financial status and resources.
- Supervising and providing direction to staff in order to ensure work is accomplished in a timely and effective manner.
- Reviewing and planning budgetary matters, including reviewing and approving the biennial budget, and annual work programs.
- Develops and oversees the implementation of standardized financial reporting formats and procedures and other financial systems for Department agencies to ensure and document compliance with applicable state and federal fiscal regulations and standards.
- Advises and consults with Bureau Directors and other management personnel on financial operations and administrative problems to develop and recommend solutions.
- Develops and recommends budgets, work and fiscal programs, and changes thereto to support attainment of department goals.
- Performs in-depth cost accounting and cost/benefit modeling and analyses of departmental programs and proposals to determine cost effectiveness.
- Responsible for the preparation of the biennial budget to ensure sufficient resources exist to meet established goals and objectives.
- Reviews legislative records and other documents concerning position allocation to ensure positions are adequately funded and consistent with legislative intent.
- Monitors the legislative process related to fiscal impact on the Department and prepares all fiscal notes.
- Perform in depth cost accounting and cost/benefit modeling and analyses of GGSC. Work with program managers and executive leadership during the biennial rate setting process. Review rate setting processes and recommend improvements, in conjunction with GGSC billing.
Knowledge, Skills, and Abilities Required:
- Knowledge of business and public administration principles, practices, and techniques.
- Knowledge of financial management principles, practices, and techniques.
- Knowledge of accounting and auditing principles, practices, and procedures; preferably governmental
- Knowledge of managerial and cost accounting theory, principles, and practices.
- Knowledge of AICPA/GAAP/GASB standards for governmenta
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