Financial Analyst - Financial Planning & Analysis (Term-Limited Appointment)

Salary range is $78k to $144k, with a midpoint of $98k.  New hires typically receive between minimum and midpoint, however, we may go slightly higher based on experience, internal equity and market.

Sound Transit also offers a competitive benefits package with a wide range of offerings, including:

• Health Benefits: We offer two choices of medical plans, a dental plan, and a vision plan all at no cost for employee coverage; comprehensive benefits for employees and eligible dependents, including a spouse or domestic partner.
• Long-Term Disability and Life Insurance.
• Employee Assistance Program.
• Retirement Plans: 401a – 10% of employee contribution with a 12% match by Sound Transit; 457b – up to IRS maximum (employee only contribution).
• Paid Time Off: Employees accrue 25 days of paid time off annually with increases at four, eight and twelve years of service. Employees at the director level and up accrue additional days. We also observe 12 paid holidays and provide up to 2 paid floating holidays and up to 2 paid volunteer days per year.
• Parental Leave: 12 weeks of parental leave for new parents.
• Pet Insurance.
• ORCA Card: All full-time employees will receive an ORCA card at no cost.
• Tuition Reimbursement: Sound Transit will pay up to $5,000 annually for approved tuition expenses.
• Inclusive Reproductive Health Support Services.
• Compensation Practices: We offer competitive salaries based on market rates and internal equity. In addition to compensation and benefits, you’ll find that we provide work-life balance, opportunities for professional development and recognition from your colleagues.

This is a term-limited position with an anticipated work assignment of 14 months.

GENERAL PURPOSE:

Under general direction, the Financial Analyst performs a variety of budgetary and financial analysis work in support of assigned divisions and/or projects within the agency. Works collaboratively with other internal organizations to develop annual budgets and long-range budget forecasts. Analyzes and reports on budget performance on a monthly and quarterly basis. Reviews and comments on agency agreements as to the potential financial impacts. Prepares ad-hoc financial analysis in support of executive decision-making. Develops fiscal information section of staff reports for all agency motions and resolutions to confirm affordability and highlight potential financial risks. Provides professional support and assistance to the FP&A Manager and Finance as a whole, with a range of financial analysis and reporting activities.  

ESSENTIAL FUNCTIONS:
The following duties are a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• Produces accurate and timely capital and operating budgets for assigned projects and/or divisions that reflect the priorities of the board and are consistent with agency financial policies and develops analytical materials to assist executive team in review of budget requests.
• Contributes to development of annual budget and transit improvement plan documents.
• Provides a full range of budgetary and FP&A services to assigned divisions and projects; identifies and resolves financial and budgetary issues including reviewing and approving financial transactions.
• Provides timely, accurate, and concise monthly, quarterly, and ad-hoc budget-to-actual variance reports for assigned departments, projects, and modes.
• Assists in the production of other budget and financial related reporting as requested.
• Presents financial data at the required financial review meetings; responds to requests for information and data from internal and external audiences.
• Stays current on Sound Transit budget, accounting, and reporting systems and related tools and methods and procedures as it relates to the budget analyst role.
• Monitors all expenses/outlays and provides/reviews/approves account codes for assigned operating and capital project budgets; approves purchase requisitions and check requests, and researches and resolves any incorrect or inaccurate transactions/account coding.
• Reviews and comments on agency agreements as to the potential financial impacts.
• Displays proficiency in oral and written business communications and