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Principal Financial Analyst

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Principal Financial Analyst

Salary

$93,017.60 - $150,862.40 Annually

Location

390 Robert St. N St. Paul, MN

Job Type

Full-Time

Remote Employment

Flexible/Hybrid

Job Number

2025-00070

Division

Regional Administration

Department

Bud and Opr Admin

Opening Date

06/04/2025

Closing Date

6/18/2025 11:59 PM Central

+ Description

+ Benefits

+ Questions

WHO WE ARE

We are the Metropolitan Council, the regional government for the seven-county Twin Cities metropolitan area. We plan 30 years ahead for the future of the metropolitan area and provide regional transportation, wastewater, and housing services. More information about us on our website.

We are committed to supporting a diverse workforce that reflects the communities we serve.

How your work would contribute to our organization and the Twin Cities region:

The Principal Financial Analyst position has council-wide breadth and is responsible for developing (working with operating divisions), monitoring, maintaining and publishing of the Council's annual operating budget and capital program. Responsibilities also include monthly, annual and biennial reporting and analysis for internal and federal cost allocation plans, contract administration for actuarial valuation of other Post Employment Benefits, and budget review of state revenues/appropriations and property tax levies. These positions must identify and research financial, legal and program issues, prepare appropriate analysis and recommend alternatives and resolutions. These positions will support the Council’s budget process with the State of Minnesota and work with the State’s budget and legislative staff as well as the Council’s Office of Government Affairs.

The budget and finance department has 2 (two) vacanciesfor a Principle Financial Analyst.

Note: This position is eligible for a hybrid (remote and onsite) telework arrangement. The candidate's permanent residence must be in Minnesota or Wisconsin. This position will create a six-month eligibility list for current and future openings.

What you would do in this job

Finance Reporting:

+ Develop and prepares financial reports comparing budget to actual expenses and cost-allocations for Regional Administration’s departments.

+ Supports the development and preparation of financial reports required by state statutes.

Fiscal Services:

+ Plans, implements and maintains the accounting and budgeting aspects of new Financial and Budgeting systems.

+ Analyzes daily financial reporting/recording.

+ Reviews monthly revenues and expense accounts for significant deviations from budget.

+ Coordinates with the operating division budget and financial staff on budgeting processes and timelines.

Budget and Evaluation:

+ Coordinates the preparation of unified Council capital improvement program and annual capital program budget.

+ Develops cost allocation procedures and monitors reports.

+ Coordinates Regional Administration's review of proposed operating and capital budgets.

+ Coordinates operating and capital budget amendments for Regional Administration and the operating divisions.

+ Develop budgeting and cost allocation procedures.

+ Prepare public documents for operating and capital budgets.

+ Prepares property tax levy limit estimates.

+ Supports the Council’s efforts in preparing the budget request to the State of Minnesota and supporting those requests through the legislative process.

+ Prepares ad hoc analysis for management and for the preparation of fiscal notes for the legislature.

What education and experience are required for this job (minimum qualifications)

Any of the following combinations of experience (in an accounting or banking/investments environment including the development and use of financial or budgeting systems) and completed education (degree field of study in accounting, finance, business administration or related field):

+ High school diploma/GED with nine (9) years of experience.

+ Associate degree with seven (7) years of experience.

+ Bachelor’s degree with five (5) years of experience.

What additional skills and experience would be helpful in this job (desired qualifications):

+ Experience developing complex or large budgets.

+ Experience preparing reports, executive summaries, and preparing presentations.

+ Experience analyzing financial statements and performing budget to actual variance analysis.

+ Experience developing forecasting models to examine future financial performance.

+ Demonstrated ability to promote and support an equitable, positive, and respectful work environment that values cultural diversity among all employees.

+ Experience in project management, leading advanced ad hoc financial analysis, and addressing financial requests from the Legislature.

+ Experience working with principles and practices of accounting and internal controls.

+ Experience preparing spreadsheets and notes.

+ Governmental Accounting Experience.

+ Experience reading and interpreting State and Federal laws and FTA regulations.

+ CPA certification.

What knowledge, skills, and abilities you need to have to be successful in this job:

+ Knowledge of Generally Accepted Accounting Principles (GAAP), and requirements necessary for Certification of Achievement for Excellence in Financial Reporting.

+ Knowledge of state laws and processes regarding governmental accounting and budgeting, and financial reporting.

+ Knowledge of financial analysis strategies, techniques and tools.

+ Knowledge of investments including investment instruments, trading, accounting, economics, risks, policies and procedures.

+ Knowledge of banking processes, procedures, account structures and features, cash management, etc.

+ Knowledge of financial systems (prefer PeopleSoft) of size and complexity of the Council's.

+ Analytical, reasonableness, practicality skills to identify issues, determine cause/effect, develop best practice business process.

+ Mathematical skills are sufficient to perform calculations of ratios, identify and reconcile variances, and allocate balances across several accounts.

+ Problem solving skills to identify and reconcile account balances using reports, queries, spreadsheets and available tools and information.

+ Ability to read, analyze and interpret common technical journals, financial reports and legal documents.

+ Ability to write reports and financial analysis in a prescribed technique or style.

+ Ability to effectively present information to top management, public groups or Council members.

+ Ability to effectively work in a team structure and collaborate with team members and other teams.

+ Ability to work with minimal supervision and assistance.

What you can expect from us:

+ We offer the opportunity to make a difference and positively influence the Twin Cities metropolitan area.

+ We encourage employees to develop skills through on-site training and tuition reimbursement.

+ We provide a competitive salary, excellent benefits, and a good work/life balance. An organization committed to promoting and supporting an equitable, positive, and respectful work environment that values cultural diversity among all employees.

More about why you should join us! (http://metrocouncil.org/Employment/Making-A-Difference.aspx)

Additional information

Union(s): Non-Represented, Grade I

FLSA Status: Non-Exempt

Safety Sensitive: No

What your work environment would be:

You would perform your work in a standard office setting. Work may sometimes require travel between your primary work site and other sites.

What steps does the recruitment process involve:

+ We review your minimum qualifications.

+ We rate your education and experience.

+ We conduct a structured panel interview.

+ We conduct a selection interview.

Once you have completed the steps above, then:

If you are new to the Metropolitan Council,you must pass a background check, which verifies education and employment. If you have a criminal conviction, you do not automatically fail. The Metropolitan Council considers felony, gross misdemeanor, and misdemeanor convictions on a case-by-case basis, based on whether they relate to the job and whether the candidate has demonstrated adequate rehabilitation.

As an existing employee of the Metropolitan Council,you are required to undergo a drug test when transitioning from a non-safety-sensitive position to one that is safety-sensitive. Additionally, a criminal background check is mandatory if the position applied for is safety-sensitive, involves supervisory or managerial responsibilities, is within the Finance, Information Services, or Human Resources departments, or entails access to financial records, databases, cash, vouchers, or transit fare cards.

IMPORTANT: If you make a false statement or withhold information, you may be barred from job consideration.

The Metropolitan Council is an Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.

If you have a disability that requires accommodation during the selection process, please call Human Resources at 651.602.1398.

We believe our employees are a key to our agency's success! In order to attract and retain high quality employees, the Council provides a highly competitive benefits package both in choice and coverage levels. Some highlights about our benefits are listed below:

+ Guaranteed monthly retirement income through Minnesota State Retirement System pension fund

+ Opportunity to save additional funds for retirement on a tax-deferred basis through a voluntary deferred compensation (457) plan

+ Two or more medical plans from which to choose, with employer contribution towards premiums over 80%

+ Dental insurance, life insurance and vision insurance

The following benefits are provided to all employees as part of working for the Council. You will have access to free:

+ Well@Work clinic

+ bus/rail pass valued at over $1200 per year

+ parking at many job locations

+ fitness centers at many job locations

+ Employee Assistance Program

+ extensive health and wellness programs and resources

01

Applicant Instructions: It is important thatyour application shows all relevant education and experienceyou possess. The supplemental questions listed below are to further evaluate your education and experience and to determine your eligibility for this position. Answer each question completely. The experience you indicate in your responses should also be consistent with the Work History section of this application. Resumes will not be accepted for this recruitment. I have read and understand the above instructions regarding my application and supplemental questions.

+ Yes

+ No

02

Please select the option that indicates your education and experience level.

+ High school diploma/GED with nine years of experience in an accounting or banking/investments environment including the development and use of financial or budgeting systems.

+ Associate degree with seven years of experience in an accounting or banking/investments environment including the development and use of financial or budgeting systems.

+ Bachelor's degree in accounting, finance, economics, business administration, public administration or related field AND five years of experience in an accounting or banking/investments environment including the development and use of financial or budgeting systems.

+ Master's degree in accounting, finance, economics, business administration, public administration or directly related field AND three years of experience in in an accounting or banking/investments environment including the development and use of financial or budgeting systems.

+ Some experience in an accounting or banking/investments environment including the development and use of financial or budgeting systems AND some college experience but less than the above options.

+ None of the above.

03

Please list your related educational degree(s) and/or certifications(s) below. If you do not have this, please indicate, "N/A."

04

Please select the items below that apply to your education, experience, and certification (select all that apply.)

+ Experience developing complex or large budgets, preparing executive summary and preparing presentations.

+ Experience analyzing financial statements, performing budget to actual variance analysis and preparing reports that are clear and concise.

+ Experience developing forecasting models to examine future financial performance, evaluating forecasts against actual performance and providing recommendations.

+ Experience in project management, leading advanced financial analysis and addressing financial requests from the Legislature.

+ Experience working with principles and practices of accounting and internal controls.

+ Demonstrated ability to promote and support an equitable, positive, and respectful work environment that values cultural diversity among all employees.

+ Experience working with Transportation operations, grants and/or external funding partners.

+ None of the above.

05

If you indicated in question #4 that you have experience developing and working with complex or large budgets, preparing executive summaries, and preparing presentations, please describe that experience, including duties performed, budget size (approximate dollar value), where it took place, and for how long. If you do not have this experience, please indicate "N/A."

06

If you indicated in question #4 that you have experience analyzing financial statements, performing budget to actual variance analysis, and preparing summary reports resulting from the analysis that are clear and concise, please describe that experience, including duties performed, where it took place, and for how long. If you do not have this experience, please indicate "N/A."

07

If you indicated in question #4 that you have experience developing forecasting models to examine future financial performance, evaluating the forecasts against actual performance, and providing recommendations, please describe that experience, including duties performed, where it took place, and for how long. If you do not have this experience, please indicate "N/A.

08

If you indicated in question #4 that you have experience in project management, leading advanced financial analysis, and addressing financial requests from the Legislature, please describe that experience, including duties performed, where it took place, and for how long. If you do not have this experience, please indicate "N/A."

09

If you indicated in question #4 that you have experience working with principles and practices of accounting and internal controls, please describe that experience, including duties performed, where it took place, and for how long. If you do not have this experience, please indicate "N/A."

10

If you indicated in question #4 that you have a demonstrated ability to promote and support an equitable, positive, and respectful work environment that values cultural diversity among all employees, please describe your experience. If you do not have this experience, please indicate "N/A."

11

If you indicated in question #4 that you have experience working with Transportation operations, grants, and/or external funding partners, please describe that experience, including duties performed, where it took place, and for how long. If you do not have this experience, please indicate "N/A."

12

Describe your experience fostering equity, diversity, inclusion, competency, and understanding.

Required Question

Employer

Metropolitan Council

Address

390 Robert St. N.St. Paul, Minnesota, 55101

Website

https://metrocouncil.org

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