FINANCIAL ANALYST 1

Position Overview

The Department of Economic Security (DES) is seeking a highly motivated Financial Analyst 1 to provide financial expertise through forecasting, comprehensive analysis, federal reporting, and program monitoring. In this role, you will analyze financial outlooks, spending trends, and perform cost‐benefit and break‐even analyses. Work is based at the Division of Financial Operations, Financial Services Administration, Phoenix, Arizona. Salary: $53,040 - $56,100.09 Annually. This position offers remote work flexibility within Arizona (up to two days per week) in a collaborative, service-oriented environment.

Key Responsibilities

• Act as a single point of contact between the Financial Services Administration (FSA) and assigned areas.
• Attend both formal and informal meetings to stay informed on program details and prepare necessary materials.
• Research and analyze expenditure and revenue trends to generate accurate fiscal reports and forecasts.
• Determine funding needs and manage financial transactions, including transfers, budget modifications, and related documents.
• Identify, research, and analyze the impacts of proposed federal and state legislation, preparing detailed cost-benefit and break-even analyses.

Required Qualifications

• In-depth knowledge of governmental accounting, fiscal principles, and the state legislative budget process.
• Proven skills in business administration, financial analysis, and effective oral and written communication.
• Ability to perform complex analytical work, manage multiple assignments, and prepare detailed fiscal reports.

Preferred Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration, Political Science, or Public Policy with a specialization in Accounting, Finance, or Economics.

Benefits & Perks

• Affordable medical, dental, life, and short-term disability insurance
• Participation in the Arizona State Retirement System (ASRS) and long-term disability plans
• 10 paid holidays per year and vacation accrual at 4.00 hours bi-weekly for the first 3 years
• Paid Parental Leave of up to 12 weeks per year (pilot program), plus sick time accrual, deferred compensation, wellness plans, tuition reimbursement, and flexible scheduling