FINANCIAL ANALYST I Date: Oct 25, 2024 Req ID: 42038 Location: Little Rock, AR, US, 72205 Category: AR DEPT OF HUMAN SERVICES Anticipated Starting Salary: $40,340.00 Position Number: [[44071077]] County: [[Pulaski]] Posting End Date: [[12/31/9999]] Anticipated Starting Salary: [[$40,340]] [[Finance]] Collect, analyze, and interpret financial data from various sources to identify trends, patterns, and anomalies. Develop and monitor budgets and financial forecasts, comparing actual results to projections and explaining variances. + High level of accuracy in financial reporting and budget management. + Understanding of accounting principles and financial statements. The Department of Human Services is a place for people passionate about serving others and changing lives for the better. We care for Arkansans of all ages and ensure places like child care centers and nursing homes are safe. We are the safety net for the most vulnerable Arkansans. Whether you answer the phones, take applications, protect children, or help care for residents or patients at one of our facilities, you make a difference by working at DHS. Plus, working for the State has great perks, including a pension, maternity leave, paid state holidays, and much more. At DHS, we take care of our employees so you can help care for others. Position Information Class Code: A075C Grade: GS07 FLSA Status: EXEMPT Salary Range: $40,340.00 - $64,343.00 Summary The Financial Analyst I is responsible for the research and analysis of financial information and the development of recommendations concerning capital requirements, proposed rates for services, bond issues, proposed financing, or other issues. This position is governed by state and federal laws and agency/institution policy. Functions Researches and analyzes a wide variety of financial information, such as income received from rates, capital invested, company or agency financial status, rate processes, cost allocation, financial journals, economic reports, or related data to develop recommendations. Prepares a variety of reports and recommendations, writing detailed analysis of findings to support recommendations. Prepares and presents testimony and depositions in administrative or court hearings, participates in pre-hearing conferences, and responds to questions to support agency recommendations and findings. May review planned expenditures and project future costs to recommend rate structure changes. May monitor state and/or federal legislation in determining necessary changes to rate structures. May present testimony at hearings or in depositions as expert witness to support recommendations or analysis. Performs other duties as assigned. Dimensions Occasional overnight travel is required. Knowledge, Skills and Abilities Knowledge of the principles and practices of finance and accounting. Knowledge of mathematics and statistical analysis. Ability to analyze financial reports, financial statements, and other records to evaluate the current financial condition of a company or feasibility of financial proposals. Ability to prepare and present oral and written analytical reports. Ability to present testimony in administrative and court hearings and respond to cross examination. Minimum Qualifications The formal education equivalent of a bachelor's degree in accounting, finance, business administration, or a related field; plus two years of experience in financial analysis or management. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE. Licenses None The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law. Nearest Major Market:Little Rock