FINANCIAL ANALYST 1

 Posted an hour ago
     
 $36779 - $56101 per year
  
0-2 years experience
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AI Summary

The Financial Analyst 1 is responsible for preparing fiscal and operating reports, monitoring budget utilization, and performing complex financial and economic analyses. They also act as a point of contact for the Finance and Accounting Unit and ensure compliance with state and federal regulations.

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:

Child and Community Services Division (CCSD)
1789 West Jefferson Street, Phoenix, Arizona 85007

Posting Details:

Salary: $36,779 - $56,101 Annually

Grade: 19

Closing Date: 08/20/2026

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, Child and Community Services Division (CCSD), is seeking an experienced and highly motivated professional to join our team as a Financial Analyst 1. This individual in this position is responsible for preparing a variety of fiscal and operating reports. Performs complex financial, fiscal and/or economic analyses and cost analyses. Monitors budget utilization, revenues and expenditures. Provides financial expertise to department and program management and to federal and other grantors, including budgeting, cash management, reconciliation, and compliance with state and federal regulations. Develop and present financial reports on an annual, monthly, and ad hoc basis. Identify, research, and analyze possible impacts of proposed or pending federal and State legislation, policy changes, or funding modifications. Will act as a point of contact for the Finance and Accounting Unit and serve cross-team task groups as necessary.

This position may offer the ability to work remotely within Arizona, based on the department's business needs and continued meeting of expected performance measures.

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 can work remotely from home, 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:

• Develops and maintains fiscal summary information for assigned areas including data such as funding sources, historical funding patterns, caseload statistics, etc.
• Research and analysis of expenditure and revenue trends for the purpose of reporting fiscal position, preparing external and internal reports, and preparing forecasts.
• Determines funding needs of assigned program and initiates transactions including transfers, drawdowns, deposits, payment vouchers, expenditure corrections, encumbrances and modifications.
• Identify, research, review, analyze and establish possible impacts of proposed or pending federal and State legislation, policy changes, or funding modifications for assigned areas.
• Attend formal and informal meetings to ensure proper knowledge of assigned program and adequate communication with divisional personnel.
• Complete assigned daily and/or monthly functions.

Knowledge, Skills & Abilities (KSAs):

Knowledge of:
• Governmental accounting and fiscal principles.
• Principles and practices of administration with special reference to organization, fiscal management and
• budgetary control.
• Statistical analysis and theory, report writing techniques, office practices and procedures.

Skills In:
• Excellent Oral and written communication.
• Analytics and problem-solving skills.
• Analysis and interpretation of complex financial data.
• Utilization of computer-based systems and software.
• Organization, prioritization, and multitasking to complete varying assignments and deadlines.

Ability to:
• Learn and apply increasingly complex concepts, policies and procedures; problem resolution.
• Acquire knowledge of principles, concepts, and practices in government organization, budgeting, and fiscal control.
• Acquire knowledge of federal, state, and programs, laws, regulations, policies, and procedures.
• Acquire knowledge of federal funding accounting principles and practices in administration of programs.

Selective Preference(s):

This ideal candidate for this position will have:

• A bachelor’s degree in accounting, finance, economics or business administration with a specialty in accounting, finance or economics from an accredited college or university; OR a Master of Business Administration, Public Administration, or related field such as accounting, finance, or economics from an accredited college or university.

Pre-Employment Requirements:

• A valid Level One Arizona Fingerprint Clearance Card issued pursuant to Arizona Revised Statute 41-2758.07 in order to work with children or vulnerable adults. 

• Candidates for this position shall be subject to a search of both the Child Protective Services Central Registry pursuant to A.R.S. 8-804 and the Adult Protective Services Registry pursuant to A.R.S. 46-459.

• Successfully pass background and reference checks; employment is contingent upon completion of the above-mentioned process and the agency’s ability to reasonably accommodate any restrictions.

• If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply: Driver’s License Requirements.

• All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).

Benefits:

The Arizona Department of Economic Security offers a comprehensive benefits package to include:

• Affordable medical, dental, life, and short-term disability insurance plans
• Participation in the Arizona State Retirement System (ASRS) and long-term disability plans
• 10 paid holidays per year
• Paid vacation and sick time
• Paid Parental Leave-Up to 12 weeks per year paid leave for newborn or newly placed foster/adopted child.
• Deferred compensation plan
• Wellness plans
• Tuition Reimbursement
• Stipend Opportunities
• Infant at Work Program
• Rideshare and Public Transit Subsidy
• Career Advancement & Employee Development Opportunities

By providing the option of a full-time or part-time remote work schedule, employees enjoy improved work/life balance, report higher job satisfaction, and are more productive. Remote work is a management option and not an employee entitlement or right. An agency may terminate a remote work agreement at its discretion.

Learn more about the Paid Parental Leave program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page

Retirement:

State employees are required to participate in the Arizona State Retirement System (ASRS), the state-sponsored retirement contribution plan and the Long-Term Disability (LTD) program after a 27-week waiting period. The ASRS defined benefit plan provides for lifelong income upon retirement. You will also have the option to participate in a voluntary deferred compensation program to take advantage of tax-deferred retirement investments.

On or shortly after your first day of work, you will be provided with additional information about the available insurance plans, enrollment instructions, submission deadlines, and effective dates.

Contact Us:

For questions about this career opportunity, please contact me at (480) 876-0851 or email at ShannonAnguiano@azdes.gov.

The State of Arizona is an Equal Opportunity/Reasonable Accommodation Employer. Persons with a disability may request a reasonable accommodation such as a sign language interpreter or an alternative format by contacting OODHRStaffing@azdes.gov. Requests should be made as early as possible to allow sufficient time to arrange the accommodation.

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