FINANCIAL ANALYST 3

SENIOR MANAGING ANALYST

Division of Financial Operations

Financial Services Administration
1789 W. Jefferson St., Phoenix, AZ 85007

Salary: $89,100.13 Annually 

Grade: 23

Closing Date: September 23, 2026

Would you like to be part of an amazing team that helps Arizonans thrive? At the Department of Economic Security (DES) we strengthen individuals, families and communities for a better quality of life. DES is looking for individuals who are committed to service, community, and teamwork. To learn more about DES please visit des.az.gov; or click on the link here to view ‘Our DES’ video. Come Join the DES Team!

The Department of Economic Security, Division of Financial Operations Financial Services Administration (DFO-FSA) is seeking an experienced and highly motivated individual to join our team as a Senior Managing Analyst. Working with minimal guidance from the Business and Finance Manager, the Senior Managing Analyst (Financial Analyst 3) provides financial expertise to Department and programmatic management, and federal and other grantors on federal regulations, federal reports, financial forecasts, and programmatic trends for assigned programs. Key responsibilities include supervising staff, reviewing work prepared by the financial support team to ensure accuracy and timeliness of deliverables, and completion of high-level analyses as required.

The Senior Managing Analyst identifies fiscal issues that could have a potential negative impact on the Department; partners with customers to develop and implement resolutions to current and future problems; provides comprehensive financial expertise to DES management and to external partners, such as the Governor's Office of Strategic Planning and Budgeting (OSPB) and the Joint Legislative Budget Committee (JLBC); tracks and monitors expenditures for compliance with all federal and state rules, regulations, and policies and interprets grant terms and conditions; and coordinates fiscal matters across Divisions to prepare and submit the Department's formal annual budget request.

Additionally, this position supervises a financial support team responsible for all forecasting, analysis, federal reporting, and fiscal monitoring of assigned program(s), which may include preparing various fiscal and operating reports, such as detailed analysis of financial outlooks, spending trends, staffing levels and other comprehensive analyses; identifying, researching, and analyzing possible impacts of proposed legislation and funding modifications; preparing formal bill analyses and cost benefit and break-even analyses; and identifying available funding, reviewing funding patterns for appropriateness and efficiency, and coordinating the establishment of funding mechanisms.

This position may offer the ability to work remotely, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State's Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, must be performed within Arizona unless an exception is properly authorized in advance.

Essential Duties and Responsibilities include but are not limited to:

• Oversee daily operations of a professional team. Advise, train, provide technical assistance, review work, and ensure accuracy of products produced by teams. 
• Identify fiscal issues with potential negative impact on the Department. Partner with customers to develop and implement resolutions to current and future problems. Provide comprehensive financial expertise to Division management, DES executive leadership, and to external partners, such as the OSPB and the JLBC. 
• Conduct frequent meetings and presentations with key programs, Treasurer's Office, OSPB and JLBC staff. Attend meetings and planning sessions with Department management. Support departmental organizations on matters of cash management and funding allocation. Research, interpret, and make recommendations on policies regulating fiscal control and processes pertaining to assigned programs and Department as a whole. 
• Research, compile, and interpret financial and other information. Compile programmatic data in response to special requests regarding a broad spectrum of topics related to the Department. Analyze policy and legislative changes to assess revenue, funding and state plan impacts on assigned program(s). Review and approve various financial transactions. 
• Lead trainings, conduct problem solving sessions, and supervise focus groups with various employees across the administration. 

Knowledge of:

• Governmental accounting and fiscal principles
• The budget and state legislative process
• Principles and practices of business administration with special reference to organization, fiscal management, and budgetary control
• Statistical analysis and theory
• Report writing techniques
• Office management
• Conceptual understanding of the Department's federally approved cost allocation plan
• Understanding of the requirements, characteristics, and cultural environment required for teams to operate effectively

Skilled in:

• Oral and written communications of complex concepts
• Proficiency in statutory and rules interpretation, issues identification, and resolution
• Initiating and reviewing expenditure corrections, journal vouchers, and cash receipts within the state and agency's automated systems
• Computer utilization
• Comprehension, analysis, interpretation, and reconciliation of complex financial data, including forecasts and projections
• Development of work plans
• Organization and prioritization of multiple complex projects

Ability to:

• Interact with a diverse audience on a professional level
• Be an innovative and strategic thinker
• Perform complex analytic work
• Schedule and prioritize multiple assignments
• Develop annual budget requests for assigned area consistent with the Department's mission, vision, and values
• Organize and present information in structured and non-structured settings
• Facilitate and lead meetings with executive-level staff
• Write reports
• Set workflow priorities of assigned area
• Use computer programs and software
• Write and speak with clarity

The ideal candidate for this position will have: A Bachelor's Degree in Accounting, Finance, Economics, or Business Administration or Master's degree in Business Administration, Public Administration, or related field, and at least three years of experience managing complex issues in areas such as budget preparation, analysis and control, funding, financial reporting, or related specializations.

If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply:

• Any employee operating a motor vehicle on State business must possess and retain a current, valid class-appropriate driver’s license, complete all required training, and successfully pass all necessary driver’s license record checks. The license must be current, unexpired, and neither revoked nor suspended. Employees who drive on state business are subject to driver’s license record checks, must maintain acceptable driving records, and must complete all required driver training. An employee who operates a personally owned vehicle on state business shall maintain the statutorily required liability insurance (see Arizona Administrative Code (A.A.C.) R2-10-207.11).

Successfully pass background and reference checks; employment is contingent upon completion of the above-mentioned process and the agency’s ability to reasonably accommodate any restrictions.

All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).

The Arizona Department of Economic Security offers a comprehensive benefits package to include:

• Affordable medical, dental, life, and short-term disability insurance plans
• Participation in the Arizona State Retirement System (ASRS) and long-term disability plans
• 10 paid holidays per year
• Paid annual and sick leave
• Paid Parental Leave-Up to 12 weeks per year paid leave for newborn or newly-placed foster/adopted child
• Deferred compensation plan
• Wellness plans
• Tuition Reimbursement
• Stipend Opportunities
• Infant at Work Program
• Rideshare and Public Transit Subsidy
• Career Advancement & Employee Development Opportunities

By providing the option of a full-time or part-time remote work schedule, employees enjoy improved work/life balance, report higher job satisfaction, and are more productive. Remote work is a management option and not an employee entitlement or right. An agency may terminate a remote work agreement at its discretion.

Learn more about the Paid Parental Leave pilot program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page.

State employees are required to participate in the Arizona State Retirement System (ASRS), the State sponsored retirement contribution plan and the Long-Term Disability (LTD) program after a 27-week waiting period. The ASRS defined benefit plan provides for life-long income upon retirement. You will also have the option to participate in a voluntary deferred compensation program to take advantage of tax-deferred retirement investments.

On, or shortly after, your first day of work you will be provided with additional information about the available insurance plans, enrollment instructions, submission deadlines and effective dates.

For questions about this career opportunity, please contact Shawn Morrison by calling 623-271-2117 or by email at [email protected].

The State of Arizona is an Equal Opportunity/Reasonable Accommodation Employer. Persons with a disability may request a reasonable accommodation such as a sign language interpreter or an alternative format by contacting Shawn Morrison by calling 623-271-2117 or by email at [email protected]. Requests should be made as early as possible to allow time to arrange the accommodation.