Senior Financial Analyst

Job Summary

Please note this position is open until filled; however, to ensure consideration applications should be received by February 14th, 2025 at 4:30 p.m.   

The Finance Department provides vital services to internal employees, program participants, outside investors, and a wide array of other stakeholders. The Financial Planning and Analysis team adds value to KCHA by providing leadership with essential budgeting knowledge and experience endeavored to support strategic operating decisions.

The Senior Financial Analyst is an important member of the finance team. The position will be responsible for budgeting and financial analysis as well as reporting. The incumbent will participate in all financial planning activities of the agency and will work closely with different department leaders to provide consultative analysis and reporting. They will also contribute to process improvement efforts and other key initiatives in support of KCHA’s mission.

If you are passionate about budgeting and variance analysis, we invite you to apply.

King County Housing Authority (KCHA), an independent municipal organization is a high performing nationally recognized leader in affordable housing. To learn more about KCHA and our Mission visit this link.  

Essential Functions

The Senior Financial Analyst:

• Facilitates the submission of annual operating and capital budgets with department directors; reviews and evaluates departmental requests.
• Prepares complex worksheets and presentations for budgeting and reporting in accordance with office procedures and policies; examines existing worksheets for opportunities to amend and improve.
• Manages monthly review process of the budget to actual financial performance to provide analysis and identify trends and to supply variance narratives for quarterly financial reporting; provides finance support to department directors.
• Produces continuous reporting to support departmental goals and initiatives; develops and monitors recurring and ad-hoc journal entries and financial transactions for accuracy.
• Maintains and tests accounting system; ensures that changes are reflected in budgeting interfaces.
• Provides ad-hoc detailed analysis, financial understanding and forecasting to improve the effectiveness and efficiency of overall business decisions.
• Documents budget and other departmental processes by creating and maintaining Standard Operating Procedures.

Qualifications and Competencies

Required Qualifications:

• Bachelor’s degree accounting, business administration, economics, or related field AND
• Considerable experience in accounting, finance, budgeting, financial planning and analysis OR
• An equivalent combination of experience and education that provides the necessary knowledge, skills, and abilities to perform the essential functions of this position.

Required Knowledge, Skills and Abilities: 
 

• Understands technical aspects of the position and continuously builds knowledge, keeping up to date on the substantive and procedural aspects of the position including:
  • Generally Accepted Accounting Principles (GAAP), accounting principles, and internal controls.
  • accounting functions including financial reporting, accounts payable, accounts receivable, and banking/treasury.
  • ability to utilize automated budgeting systems such as an ERP and VENA.
  • skill in financial planning, budgeting, variance analysis, and technical writing.
  • ability to plan, develop, manage and control budgeting activities related to staffing and operational budgets.
  • evaluate complex financial systems and efficiently formulate and install accounting methods, procedures, forms and records.
• Exercises sound judgment in analyzing situations and in reaching decisions quickly.
• Establishes and nurtures relationships with stakeholders, regularly inviting feedback and suggestions; ability to work cooperatively with and offer assistance to others.
• Values diversity and possesses an understanding of multicultural and cultural competencies; ability to work effectively and positively with individuals of diverse cultural and socio-economic backgrounds.
• Clearly and effectively communicates both verbally and in writing by actively listening and sharing relevant information.
  • Ability to present reports and recommendations clearly and logically.
  • ability to understand, interpret, explain and apply policies and procedures.
• Proficiency using MS Office programs including Outlook, Word, Excel, database software, and other analytical software programs.

Position Information and Application Process

To be considered for this opportunity, you must:  

• Complete the online application profile in its entirety.
• Upload a cover letter that addresses how your experience and education qualify you to perform the essential functions listed in the job announcement. (Cover Letter)
• Upload a detailed résumé of all educational and professional experiences. (Résumé)

Salary & Benefits: 
The starting salary range for this position is $87,156.10 - $106,767.20 annually, dependent on qualifications and professional experience. The complete salary range for this position is $87,156.10 - $126,377.14 annually. Performance-based merit increase opportunities and Cost of Living Adjustments (COLA) are reviewed annually. A comprehensive health care benefits package for you and your dependents includes medical, dental and vision insurance, life and long-term disability insurance plans, vacation, sick and personal leave, tuition reimbursement, and retirement benefits are also available. For more details regarding KCHA comprehensive benefits, please visit our benefits page.   

Work Environment:  
Incumbent(s) must be able to meet the physical requirements of the classification and have mobility, balance, coordination, vision, hearing and dexterity levels appropriate to the functions performed. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 
 
After initial onboarding, this role will have the opportunity to work remotely up to 80% in accordance with the KCHA's flexible work arrangements; however, remote work conditions will be reviewed on a regular basis based on business and program need. Employees must reside in Washington State and having the ability to report to the Central Office in Tukwila will be required. Some local travel may be required to support KCHA business needs.

Physical Requirements: 
Incumbent(s) must be able to meet the physical requirements of the classification and have mobility, balance, coordination, vision, hearing and dexterity levels appropriate to the functions performed. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.    

This work requires the occasional exertion of up to 10 pounds of force; work regularly requires sitting and using hands to finger, handle or feel, frequently requires speaking or hearing and repetitive motions and occasionally requires reaching with hands and arms; work has standard vision requirements; vocal communication is required for expressing or exchanging ideas by means of the spoken word; hearing is required to perceive information at normal spoken word levels; work requires preparing and analyzing written or computer data; work has no exposure to environmental conditions; work is generally in a moderately noisy location (e.g. business office, light traffic).
 
Equal Opportunity: 
King County Housing Authority is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.