Definition
Performs advanced-level enterprise-wide financial analysis, planning and program evaluation, management analysis, and budgeting work; performs related work as required.
The work examples and competencies listed below are for illustrative purposes only and not intended to be the primary basis for position classification decisions.
Work Examples
Provides financial analysis, program evaluation, and management analysis relating to statewide accounting and payroll operations, development of the statewide annual comprehensive financial report, and state tax policy.
Confers with departmental administrators and financial programs managers on fiscal problems to interpret and enforce statewide accounting and financial policies and regulations; provides input on the coordination and processing of fiscal claims against the state.
Forecasts receipts, refunds, and tax credits for the Revenue Estimating Conference using models that reflect the relationship between historical changes in the Iowa economy, national economy, Iowa tax law, and federal tax law.
Analyzes proposed legislation and policy revisions or prepares revenue estimates, statistical reports, financial estimates, and fiscal notes to assess impact and effect; recommends support, modification, or withdrawal based upon the Governor’s adopted program plans and financial policies.
Conducts studies and surveys of methods and procedures; prepares comprehensive reports of such activity including recommendations for indicated action.
Competencies Required
Knowledge:
- Administration and Management – Business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
- Law and Government – Laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
- Economics and Accounting – Economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
- English Language – The structure and content of the English language, including the meaning and spelling of words, rules of composition, and grammar.
- Mathematics – Arithmetic, algebra, geometry, calculus, statistics, and their applications.
Abilities:
Written Expression – Communicate information and ideas in writing so others will understand.
Oral Expression – Communicate information and ideas in speaking so others will understand.
Speech Clarity – Speak clearly so others can understand.
Speech Recognition – Identify and understand the speech of another person.
Deductive Reasoning – Apply general rules to specific problems to produce answers that make sense.
Skills:
Active Listening – Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Reading Comprehension – Understanding written sentences and paragraphs in work related documents.
Critical Thinking – Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Speaking – Talking to others to convey information effectively.
Mathematics – Using mathematics to solve problems.
Systems Analysis – Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Management of Financial Resources – Determining how money will be spent to get the work done, and accounting for these expenditures.
Monitoring – Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Active Learning – Understanding the implications of new information for both current and future problem-solving and decision-making.
Judgment and Decision Making – Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Complex Problem Solving – Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Minimum Qualification Requirements
Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:
Seven years of full-time professional-level work experience in budget analysis, financial management, accounting, law, or management analysis work.
All of the following (a, b, and c):
One year of full-time professional-level work experience in budget analysis, financial management, accounting, law, or management analysis work; and
A total of four years of education and/or full-time experience (as described in part a), where thirty semester hours of accredited college or university course work in any field equals one year of full-time experience; and
A total of two years of graduate-level education and/or full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university course work in public or business administration, law, economics, finance, or accounting equals one year of full-time experience.
Effective date: 03/24 SA