Austin Aviation - Airport Financial Analyst Senior

About This Position
About Austin-Bergstrom International Airport
Owned by the City of Austin and operated by the Department of Aviation, Austin-Bergstrom International Airport is an economic engine, supplying over 74,000 direct and indirect jobs in the Central Texas region. Now, as we build the airport’s largest improvement program in its history, we are redefining the travel experience in one of the fastest-growing cities in the United States. This is an exciting opportunity to join the team behind Journey With AUS, the airport’s expansion and development program, where bold ideas, cutting-edge infrastructure, and a shared commitment to excellence are taking flight.
Job Description:Airport Financial Analyst Senior
Purpose
This position coordinates, develops, and prepares accounting and financial activities, statements, reports, grants, budgets, rates and charges, and complex models and analysis for Austin-Bergstrom International Airport (AUS).
Duties, Functions and Responsibilities:
Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
Develops and prepares reports, analyses, and models used in aeronautical and non-aeronautical revenue and economic forecasts and budgets. Develops the airport’s operating or Capital Improvements Program (CIP) budget.
Performs budget analysis by implementing the organization's budget process system; providing guidance and recommendations to management in the development and completion of their budgets; finalizing the organization’s budget; and monitoring the budget by preparing or reviewing current year estimates and budget variance reports, reporting on budget variances, reviewing budget forecasts, and reviewing current and historical budget information and data.
Prepares complex AUS financial analysis periodic and ad-hoc reports by researching, AUS financial benchmark reporting, compiling, monitoring, and summarizing current and historical financial information and data, reporting on variances and seasonality trends, and compiling financial information from various City and AUS financial systems.
Develops and prepares, in coordination with the Treasury and the City’s Financial Advisor, airport reports, analyses, and models to analyze debt issuances, bond issuance timing, Official Statement updates, debt service requirements calculations, equity financing ratios, cash reserve requirements, revenue bond debt refunding, rating agency presentations and other debt-related requirements. Performs airport debt administration and impact analysis and monitors debt service schedules.
Assists internal and external AUS stakeholders by providing procedural and financial information and guidance with the various City and AUS financial systems and airport industry-specific software.
Monitors Federal Aviation Administration (FAA), State, and Federal regulatory processes and provides guidance to the applicable business partners, AUS divisions, and City departments regarding the financial impact of new and proposed legislation, regulations and standards.
Coordinates, maintains, and prepares AUS grant drawdowns, quarterly and annual FAA reports on grants, and monthly tracking of multiple FAA grants. Ensures grant drawdown support meets FAA requirements.
Carries out complex projects by researching new accounting standards and related reporting and information requirements, organizing and summarizing research results, and presenting recommendations to AUS management for timely implementation.
Leads reconciliation of general ledger and bank accounts and resolves account discrepancies by reconciling or reviewing the reconciliation of statements and transactions and investigating documentation; issuing stop payments, payments, or adjustments; and facilitating discrepancy resolutions for other accounting staff members. Provides guidance and direction through the review of the airport’s asset, liability, inventory, or capital accounting entries as prepared by AUS and City staff.
Coordinates the development of AUS’ financial forecast and seasonality trends.
Coordinates the preparation of accruals and financial reports to keep management abreast of AUS financial conditions Properly accounts for and safe-guards the airport’s cash and other AUS financial assets.
Responsibilities - Supervisor and/or Leadership Exercised:
May be responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal
Knowledge, Skills, and Abilities:
Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
Advanced knowledge of the processes and theories used for public budgetary and financial policies.
Knowledge of airport industry ratemaking and cost of service study methodology.
Knowledge of debt instruments, cash management, and airport industry financing methods.
Knowledge of forecasting models; econometric studies, analysis, and forecasting; and estimating methods and techniques.
Knowledge of cost benefit analysis, feasibility studies, and net present value analysis methods.
Knowledge of enterprise budgeting, financial planning or accounting.
Knowledge of research methods, survey techniques, statistical concepts, and report writing.
Advanced knowledge of financial reporting and the preparation of complex financial statements and reports in conformity with Generally Accepted Accounting Principles (GAAP).
Skill in classifying complex fiscal data and compiling fund level statements and reports.
Skill in communicating effectively, orally, and in writing.
Skill in performing quantitative analysis.
Skill in researching, implementing, and maintaining compliance with Governmental Accounting Standards Board (GASB) pronouncements.
Ability to establish and maintain good working relationships with internal and external stakeholders.
Minimum Qualifications:
Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to Finance, Accounting, or Economics plus five (5) years of experience in a related field.
Graduation with a Master’s degree from an accredited college or university in Finance, Accounting, Economics, Business or Public Administration or other relevant field may be substituted for two (2)years of experience.
A five (5) year accounting (MAcy) degree or CPA designation may be substituted for one (1) year of experience.
Licenses and Certifications Required:
None.
Preferred Qualifications:
Prior airport or aviation industry experience.
Experience preparing rates and charges model and reconciliations.
Experience with data mining and developing complex financial models and analysis.
Experience working with data analysis and/or business intelligence tools.
Notes to Candidate:
Position Overview:
Austin Aviation has opportunity in the Rates and Charges and Debt Management section of the Finance Division. This position’s primary responsibilities will be the development and reconciliation of the annual Airline Rates and Charges, debt management, and Passenger Facility Charge (PFC) program management.
Skills Assessment:
A skills assessment will be required for this position.
Salary: $89,880.00 - $ 115,100.00
Travel:
This position requires traveling to multiple sites as part of the regular job duties. A driving record verification will be conducted. If you are selected for this position, and meet the Driver Safety Standards in the City of Austin Driver Safety Program, you may drive when necessary to multiple locations as part of your regular job duties. Otherwise, you are responsible for getting to and from these locations. Go to the Driver Safety Program for more information at City of Austin Driver Safety Standards.
Critical Personnel:
This position has been designated as a Critical Employee position. Critical Employee