Financial & Reporting Analyst

GENERAL PURPOSE OF POSITION

The Financial & Reporting Analyst is primarily responsible for analyzing and reporting on a breadth of quantitative cases, including review of Program and Division budgets, preparation of the overall budget for the Office of Hawaiian Affairs ("OHA"), research of market conditions to identify investment opportunities, analysis of financial data to forecast trends, monitor variances, and improve fiscal planning, preparation of projections, pro-forma financials and other analytical reports. The Financial & Reporting Analyst also assists the Resources Management – Financial Assets Director/Chief Financial Officer ("CFO") and Controller with organization wide fiscal management projects including analyzing functions and processes to streamline and create efficiencies, improve internal controls and the internal control environment and improve internal and external reporting.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES

1 . Budget Preparation and Review

a. Enhances the understanding of OHA's budgets by OHA personnel, in particular, by the Program managers in non-financial areas.

b. Prepares initial worksheets for budgets including budget worksheets and instructions; meets with Program managers in the preparation of their budgets; and compiles and presents final Program and organizational budget for review and approval.

c. Prepares, analyzes, and reviews OHA's legislative budget request to the State of Hawai'i including the completion of legislative forms, working with the Legislature's Budget Analyst, and attending legislative hearings.

d. Reviews programs, budget requests, proposed expenditure plans, personnel savings, manpower requests, and related materials from operating programs as assigned.

Reviews budget requests and supportive data for arithmetic accuracy, conformance with instructions, appropriate methodology, conformance with previous expenditures, new initiatives, and strategic plan goals and strategies relating to the Program's operations.

Provides information and support to managers on their Program's total operating budget and explains Financial Services budgetary guidelines and procedures.

g. Prepares variance reports and acts as a liaison with Program managers on variance analysis and monthly projection revisions.

h. Gathers additional data on budget requests, corrects funding errors in OHA's general ledger system, and discusses budget discrepancies with supervisor.

Reviews requests for funding availability including the verification of account codes and working with OHA staff regarding funding issues.

j. Compiles and consolidates budget requests and prepares preliminary recommendations on realignment total operating budgets, fiscal biennium budgets, legislative budgets, and other related projects.

k. Researches and analyzes financial results to prepare and present a full range of budget analysis both within OHA and outside of OHA.

Develops financial models and budgets through financial modeling and the development of optimal budgets.

m. Conducts special studies as assigned and prepares budgetary and other reports (e.g., projections, proforma).

n. Serves as a resource, along with Controller, to the Division Directors at budget hearings, investment advisory committee, Board Committee and Board meetings.

2. Financial Analysis

a. Conducts and reports on market studies to identify investment opportunities for the organization.

b. Identifies financial status by comparing and analyzing actual results with budgets and forecasts.

c. Analyzes current and historical financial data to identify trends in performance.

d. Determines cost of operations by collecting, monitoring and studying operational data.

Improves financial status by monitoring variances, identifying trends and making recommendations to management for optimization.

Analyzes proposals, projects, initiatives, opportunities, business cases, concepts, etc.

g. Prepares, summarizes and presents reports of analysis and work.

3. Fiscal Administration and Operations

a. Assists the fiscal function with financial management projects, year-end closing activities, audit schedules and auditor requests, and other reports and activities as assigned.

b. Assists the fiscal function with the projection of future cash requirements which may include collecting expense projections, following up on outstanding departmental projections, consolidating projection data, and analyzing consolidated projection data as assigned.

c. Assists the fiscal function with evaluating internal processes, identifying areas for improvement and developing and implementing solutions.

d. Increases productivity by developing automated accounting applications and coordinating information requirements.

e. Ensures without exception the proper handling and maintenance of confidential, sensitive and/or proprietary information.

f. Participates in program planning activities relating to Financial Services operations and assists in other Financial Services projects and activities as assigned.

g. Establishes and maintains effective working relationships with internal operating programs and external agencies.

4. Fully supports in action, language, behavior and performance the priorities, decisions, and directives of the CFO, and/or the CEO.

5. Regular attendance on a daily basis is required for this position.

OTHER DUTIES/RESPONSIBILITIES

Performs other duties as assigned by the CFO, and/or the CEO.

MINIMUM QUALIFICATIONS

Education, Training and/or Experience

1. Graduation from an accredited college or university with a bachelor's degree in business administration, accounting or a related field.

2. Five (5) years of responsible professional experience in accounting or a related filed. Experience must involve the performance of technical analytical work and/or financial analysis in the evaluation of operating programs to determine their effectiveness in achieving desired objectives. Technical analytical experience includes Program Analysis and Evaluation; Program Planning and/or Program Budgeting. Financial analysis experience includes examination of organizational and operating program results in relationship to milestones planned, including identification of problems or variances; projecting consequences and recommending corrective action; and monitoring compliance with generally accepted standards.

Knowledge, Skills and Abilities

1 . Must have working knowledge of:

• A practical working knowledge of the principles, methods, and techniques of budget and program evaluation analysis including capital budgeting, variance analysis, zero-base budgeting, performance-based budgeting, and project budgeting

• The policies, laws, and rules and regulations relating to budget and program evaluation process

• Report writing, statistical research methods, and techniques

• General business environment and structure

• Process improvement methodologies

2. Must have demonstrated skills or ability to:

• Exercise judgment, tact, and discretion in applying and explaining instructions, and policies and procedures

• Apply knowledge of operating programs and functions as they relate to the budget and program planning process

• Present facts clearly both orally and in writing

• Set goals and achieve desired results, and a demonstrated ability to impart a results-oriented approach to others in the organization

• Facilitate collaboration among employees and to work collaboratively with other managers

• Communicate effectively (in writing and orally) with upper management, peers, contractors and the public

• Deal tactfully and effectively and establish and maintain working relationships with other employees, external agencies and their representatives, and with the general public Function effectively in a team environment

• Use of Excel, Word, SharePoint, Oracle (or equivalent), and 10-key by touch

How To Apply

To apply for this position, visit our company jobs website at www.oha.org/jobs. Download, complete and submit the fillable OHA application form along with a resume and cover letter via email

Or via mail to:

OFFICE OF HAWAIIAN AFFAIRS
560 N. Nimitz Highway, Suite 200
Honolulu, Hawai‘i 96817
Attention: Human Resources

Office of Hawaiian Affairs (OHA) employees must be permanent Hawaii residents. Out-of-state applicants who are offered employment with OHA will need to relocate to Hawaii and establish permanent residency.

An Equal Opportunity Employer

Job Type: Full-time

Benefits:

• Dental insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Retirement plan
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift

Work Location: One location