FINANCIAL ANALYST

JOB ANNOUNCEMENT

Financial Analyst

Office of Budget Management

Accounting & Finance Division

Number of Positions: 1

(Additional vacancies pending budget approval possible)

Starting Salary: $67,656

(New hires are paid the starting rate. Current employees' pay rate is determined by their job title and years of service.)

Applications for this position will be accepted until 11:59pm CDT on 6/26/2025.

Under general supervision, performs complex financial analysis of fiscal/cost data for City programs and services, and performs related duties as required.

ESSENTIAL DUTIES

* Setting up new economic development projects in the Capital Program Management System, review and process TIF and Housing and Economic Development Bond funding requests, budget revisions, and identify projects that have salvaged funds.

* Attend meetings, communicate with the City departments related to economic development projects and TIF projects.

* Perform TIF and Housing and Economic Development Bonds analysis and assist management with any reports and data requests.

* Analyze past spending and estimate future spending to inform CFO office on bond issuance timing and model

* Returning revenue from either TIF surplus or expiring TIF revenues.

* Research current and historical revenues and expenditures, identifies trends, and prepares fiscal projections

* Analyzes debt, fiscal liabilities, and operational costs and prepares budget estimates

* Conducts cost/benefit analysis of current and proposed programs and operations and recommends financial controls to improve cost efficiencies

* Audits financial documents to ensure entries are accurate, appropriately allocated to accounts, and comply with contract and funding guidelines and documents errors and reconcile accounts, as required

* Prepare fiscal reports

* Reviews records regarding various programs and operations (e.g., benefits, invoices, work orders) to ensure accuracy and prepares summary reports

Additional duties may be required for this position

Location: 121 N. La Salle St

Days: Monday - Friday

Hours: 9:00 am - 5:00 pm

THIS POSITION IS IN THE CAREER SERVICE

Graduation from an accredited college or university with a Bachelor's degree in Finance, Accounting, or a directly related field, plus one year of work experience in the analysis of financial records.

SELECTION REQUIREMENTS

This position requires applicants to complete an interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position will be selected.

For Information on our employees benefits please visit our benefits website at:

https://www.chicago.gov/city/en/depts/fin/benefits-office.html

For Information on our salary and title structure visit our classifications website at:

https://www.chicago.gov/content/dam/city/depts/dhr/supp_info/JobClassification/2025_Classification_and_Pay_Plan.pdf

APPLICATION EVALUATION: Initial evaluation will be based on information provided on the application and the documents submitted. The Department of Human Resources staff will review applications after the final posting date. Staff will follow any and all required Employment/Hiring Plan provisions, federal, state and local laws, and Collective Bargaining Agreements when applicable. Staff will apply hiring preferences as required by the municipal code. Placement on an eligibility list is not an offer or guarantee of an interview nor employment with the City of Chicago.

COMMITMENT TO DIVERSITY: To further our commitment to hiring applicants with diverse experience the City of Chicago has adopted the following ordinances 2-74-020 and 2-74-075. The ordinances provide a preference for applicants who meet minimum qualifications and who are veterans of the Armed Forces, and/or residents of Socio-Economically Disadvantaged Areas (SEDA) and/or Chicago Public School (CPS) high school graduates to be referred to departments for consideration. These hiring preferences do not apply to bidders, as Collective Bargaining Agreements define the hiring process for bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates. To learn more about our hiring practices click here.

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.

The City of Chicago in an Equal Employment Opportunity, Military Friendly, and Fair Chance Employer.

City of Chicago

Brandon Johnson, Mayor