DEPARTMENT OF ECONOMIC SECURITY

Your Partner For A Stronger Arizona.

DES works with families, community organizations, advocates and state and federal partners to realize our collective vision: A thriving Arizona.

DES serves more than 3 million Arizonans. Our Mission is to strengthen individuals, families, and communities for a better quality of life.

FINANCIAL ANALYST 1

Job Location:

Division of Financial Operations
Financial Services Administration
1789 West Jefferson Street, Phoenix, Arizona 85007

Posting Details:

Salary: $53,040 - $56,100.09 Annually 

Grade: 19

Closing Date: April 24, 2025

Job Summary:

Would you like to be part of an amazing team that helps Arizonans thrive? At the Department of Economic Security (DES) we strengthen individuals, families, and communities for a better quality of life. DES is looking for individuals who are committed to service, community, and teamwork. To learn more about DES please visit des.az.gov; or click on the link here to view ‘Our DES’ video. Come Join the DES Team!

The Department of Economic Security is seeking an experienced and highly motivated individual to join our team as a Financial Analyst 1. This position is responsible for all forecasting, analysis, Federal reporting, and monitoring of assigned programs, which includes preparing a variety of fiscal and operating reports that may involve detailed analysis of financial outlooks, spending trends, staffing levels, and other comprehensive analyses; identifying, researching, and analyzing possible impacts of proposed legislation and funding modification; and preparing formal bill analyses, as well as cost-benefit and break-even analyses. Additionally, this position provides financial expertise to Department and programmatic leadership, and external partners, such as the Governor's Office of Strategic Planning and Budgeting (OSPB) and the Joint Legislative Budget Committee (JLBC) on financial budget matters pertaining to assigned programs, including budget, cash management, reconciliation, compliance with state and federal regulations, federal reports, forecasts, and monitoring for assigned programs.

This position may be available for remote work within Arizona (two days per week in office/hoteling).

The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State’s Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, should be performed within Arizona unless an exception is properly authorized in advance.

Job Duties:

Essential Duties and Responsibilities include but are not limited to:

• Act as a single point of contact between the Financial Services Administration (FSA) and all assigned areas, providing guidance and customer support.
• Attend formal and informal meetings to ensure proper knowledge of assigned programs and adequate communication with programmatic personnel.
• Prepare appropriate materials for those meetings.
• Research and analyze expenditure and revenue trends for the purpose of reporting fiscal position, preparing external and internal reports, and preparing forecasts.
• Determine funding needs of assigned programs and initiate transactions including transfers, drawdowns, deposits, journal vouchers, expenditure corrections, expense budget loads and modifications, appropriation loads and modifications, and other like documents.
• Identify, research, review, analyze, and establish possible impacts of proposed and pending federal and state legislation, policy changes, or funding modifications for assigned areas.
• Develop and maintain fiscal summary information and resource information for assigned areas, including data such as case load statistics, historical funding patterns, and fund sources.
• Prepare in-depth cost-benefit analyses and break-even analyses.

Knowledge, Skills & Abilities (KSAs):

Knowledge of:
• Governmental accounting and fiscal principles; budget and state legislative process.
• Principles and practices of business administration, including organization theory and management, fiscal management, and budgetary control.
• Statistical analysis and theory; report writing techniques; and general office practices and procedures.

Skills in:
• Oral and written communications.
• In