Financial Analyst - Albany, United States - DASNY (Dormitory Authority

DASNY (Dormitory Authority Albany, United States

2 weeks ago

Description

Position Title:
Financial Analyst

Grade/Classification: 4(D1) - Professional I

Salary Range:
$70,592 -$90,008

Bargaining Unit:

CSEA

FLSA Status:
Exempt

Last Revised:
March 7,2024

Primary Purpose

Working independently, the Financial Analyst performs financial analysis and monitoring of new and existing clients.

Essential Functions

Monitor and verify payments made and received under DASNY's derivative financing arrangements.
Develop and maintain the Department's Public Finance database.
Perform and review detailed financial analysis and complex financial calculations.
Assist in the production of Official Statements.
Assist in the preparation and/or review of bond issues including drafting staff reports and reviewing financial statements.

Review and maintain data in DASNY's portfolio monitoring databases and covenant monitoring systems; perform periodic review and/or reconciliations to ensure accuracy of data.

Prepare monitoring reports of clients' financial and program performance.

Schedule, conduct and report on site visits with DASNY clients to review and assess business plans, financial information and management and governance capabilities.

Discuss and recommend actions concerning fiscal problems uncovered by review of financial statements, special reporting, site visits and payment performance.

Provide feedback regarding credit issues in connection with financings.
Assist in preparing and/or delivering presentations for the Board of Directors, the Public Authorities Control Board, and/or other groups.
Assist in Continuing Disclosure filings.

Process and evaluate financial impact and prepare recommendations based on findings for requests of changes under mortgages, such as the sale or leasing of property, working capital loans and easements.

Monitor facilities' financial performance during construction and provide DASNY clients with the support and guidance needed to obtain capital reimbursement.

Monitor workout agreements with financially challenged clients.
Review, analyze, and monitor Health Facility Restructuring Pool loans.
Assist in the development and/or review of requests for proposals and selection process.
Maintain reports for management, clients, the Legislature, the Executive, the Comptroller and other entities.
Assist in the development, review and/or maintenance of various financial schedules.

Assist in the development and maintenance of systems applications, identify reporting and data gathering needs, develop specifications and serve as a liaison with Information Services on technical aspects of Public Finance and Portfolio Monitoring applications.

Other Duties and Responsibilities

Prepare claims for insurance.
Participate in the administration of the DASNY's Health Care Restructuring Pool and Health Care Portfolio Management Fund loans.
Participate in the administration of new programs, including grant programs.
Assist with the development, documentation and implementation of procedures.
Assist with the assessment/development and implementation of internal controls, and participate in the review and testing of same.
Assist with training employees.
Undertake special assignments as directed.
Must maintain regular attendance in accordance with DASNY attendance and leave policies.

Must adhere to the NYS Information Security Policy Standards established and issued by the Office of Office of Information Technology Services.

(Standards can be found on the Intranet).

Supervision

N/A

Physical/Mental/Visual Demands

Monthly travel may be required using public transportation, DASNY vehicle, rental vehicle or personal vehicle. This travel may include overnight stays at public accommodations and related establishments. Requires complex-decision making. Overtime or extended work hours may be required.

Work Environment

Standard office environment including the use of one or more of the following: PC, telephone, fax machine, printer, copier, scanner, electronic stapler/hole punch/date stamp, shredder.

Minimum Qualifications

Bachelor's degree plus three years relevant experience; or

Bachelor's degree and successful completion of the DASNY Public Finance Diversity Fellowship; or

Bachelor's degree and the hiring manager's assessment that the candidate possesses the relevant job skills; or.

Associate's degree plus six years of relevant experience; or

A High School diploma or equivalent plus eight years of DASNY relevant experience.

Preferred Qualifications

Bachelor's degree in Accounting, Business Administration, Finance, Higher Education Administration, Health Care Administration, Public Administration or related field plus three years relevant experience of the successful completion of the DASNY Public Finance Diversity Fellowship.

Essential Skills

Demonstrated ability to work independently and exercise sound judgment.
Excellent oral and written communications skills.
Strong interpersonal skills.
Demonstrated mathematical, analytical and conceptual skills.
Demonstrated organizational skills and ability to prioritize.
Demonstrated accuracy, attention to detail and ability to follow instructions.
Proficiency in PC applications such as Outlook, Excel, Access, Word and PowerPoint.

Benefits information:

DASNY provides financing and construction services to public and private universities, not-for-profit healthcare facilities, and other institutions which serve the public good.

We offer a comprehensive benefits plan, which includes:

Choice of several health insurance plans
Dental & vision insurance
Membership in the NYS Retirement System
Deferred Compensation Investment Plan
13 vacation days per year
13 sick days per year
5 days of personal leave per year
12 paid holidays per year (plus one float day)
Tuition reimbursement
Training & development opportunities

We offer additional benefits, which includes:

Telecommuting Work Plan - Employees are required to apply and obtain approval through management to telecommute according to DASNY's Telecommuting Program Guidelines.

The days designated as telecommute days must be consistent with operational needs as determined by DASNY division, department and/or unit management.

Employees may only telecommute on up to four (4) workdays per pay period and shall be limited to no more than two (2) contiguous telecommute workdays.

Eligibility applies after 3 months of employment.
Limited Work from Home (LWFH) - additional telecommute days according to DASNY's Telecommuting Program Guidelines. Eligibility applies after 6 months of employment.
DASNY is a government employer for purposes of the Public Services Loan Forgiveness Program (PSLF Program). The PSLF Program forgives the remaining balance of certain student loans after making 120 qualifying monthly payments. For more information regarding PSLF Program and whether you qualify please visit the website.

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