Capital Finance Analyst at STATE OF OHIO

Posted in Finance 8 days ago.

Type: Full-Time
Location: Columbus, Ohio

Job Description:




At the Ohio Facilities Construction Commission (OFCC), it is our mission to lead collaboration with our partners in the planning, design, and construction of public facilities through quality service, expertise, and knowledge sharing.


The Ohio Facilities Construction Commission (OFCC) is seeking a Capital Finance Analyst with strong verbal and written communication skills, dynamic and team-oriented collaboration skills, a deep understanding of State finance systems and processes, and exceptional attention to detail. OFCC is responsible for guiding capital construction projects for State agencies, State-supported universities and community colleges, including Ohio's comprehensive public K-12 school construction and renovation program.  



Serves as Capital Finance Analyst for the Ohio Facilities Construction Commission (OFCC) for construction project financial processes, including cost accounting, revenue, & receivable accounting functions. Other duties include: manages retainage & lien escrow accounts for applicable projects; formulates & implements fiscal controls & processes & ensures they are followed for all escrow accounts; tracks & monitors agency project agreements; researches & responds to state agencies with capital & project funding inquiries & issues; sets up project funding within the OAKS Capital Improvement application; plans & executes fiscal components of certification & audit programs for capital improvement projects; assists in conducting internal & external audits; makes recommendations for corrective action; analyzes liens filed against funds due to contractors for compliance with Ohio Revised Code; performs analysis of budgets & expenditures for construction projects; prepares budgets; performs special financial & construction project analysis & prepares special reports based on analysis; performs other related duties. 

Assists with agency payroll processing. Monitors errors & reconciliation reports, monitors all agency fiscal records & coordinates with OBM to ensure reconciliation with fiscal controls; ensures security of data files while payroll is processed; assists in updating employee earning system & with quarterly reconciliation of W-2 fiscal records; unloads, updates & reloads on-line payroll files; assists in creating data files for deposits & adjustments & for printing savings bonds; prepares special reports as required; researches errors, makes corrections & recreates data as required; creates summary reports to capture errors & makes corrections for use in confirming payroll withholding taxes.

Knowledge of (1) accounting principles & concepts; (2) business administration; (3) database systems; (4) commission policies & procedures*; (5) applicable federal & state laws, rules & regulations*; (6) construction industry; (7) cost accounting principles; (8) state capital budget process*. Skill in (9) operation of personal computer & associated hardware (e.g., printer, scanner); (10) use of advanced MS Excel functions (e.g., data query, complex formulas, conditional statements); (11) use of OAKS FIN; (12) use of OAKS CI*; (13) Use of Cognos BI*. Ability to (14) develop & implement policies & procedures; (15) define problems, collect data, establish facts, draw valid conclusions & initiate solutions; (16) efficiently manage multiple tasks at same time (17) complete project work assignments accurately & in timely manner; (18) prepare meaningful, concise & accurate reports; (19) answer inquiries from officials & public.

***May be developed after employment.

Salary: $14.00