Financial Analyst

CAROLINE COUNTY PUBLIC SCHOOLS POSITION DESCRIPTION

Job Description:

Financial Analyst

JOB TITLE

: Financial Analyst

LOCATION

: Central Office

IMMEDIATE SUPERVISOR

Lead Payroll Specialist

WORK SCHEDULE

: 12M

• 260 Days
• 8 Hrs.

PAY GRADE

: 217

PAY STEPS :

0 ($22.82)

• 30 ($38.

77) hourly

SPECIAL REQUIREMENTS

: None

FLSA STATUS

: Non-Exempt

EDUCATION/EXPERIENCE

Associate degree with at least 5 years' experience in accounting/finance prefer school finance; or an equivalent combination of education, training, and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job.

GENERAL RESPONSIBILITIES

Under general supervision to perform highly-complex financial support work and accurately calculate and timely distribute employee compensation/benefit deductions and financial accounting reporting according to generally accepted accounting principles, established procedures, and departmental regulatory requirements applicable to the work.

KNOWLEDGE, SKILLS, AND ABILITIES

Has strong knowledge of federal, state, and local regulations; Is familiar with accounting principles, methods, and practices with experience in automatic accounting system; Has strong PC skills including proficiency in Microsoft Office, especially Excel; Has ability to deal sensitively with confidential material; Performs detailed work involving written or numerical data; Analyzes and resolves various payroll discrepancies; Performs mathematical calculations rapidly and accurately; Works well under pressure to meet required deadlines; Has strong work ethic and is a team player; Exhibits high degree of professionalism; Deals successfully with the public and departmental personnel in person, through email, and over the telephone.

• Processes and reconciles vendor withholdings related to employee benefits, ensuring accuracy and compliance with established procedures.
• Administers, processes, and reconciles Virginia Retirement System (VRS) transactions, including required reporting and compliance activities.
• Prepares and completes required state and federal financial reports in accordance with applicable regulations and deadlines.
• Conducts financial analysis and prepares projections of account activity to support budget and fiscal planning.
• Ensures accurate implementation, transmission, and reconciliation of all payroll deductions.
• Records, tracks, and verifies monthly revenue through Electronic Data Interchange (EDI) & Locality Ledger systems and other accounts receivables processes.
• Prepares financial reports and summaries for presentation to the School Board and division leadership.
• Communicates benefit changes and monitors/collects retiree health insurance premiums.
• Completes required payroll tax reporting and related filings.
• Assists in the preparation and processing of division payrolls for all employee groups, including contracted, hourly, and daily staff across all funding sources.
• Verifies, reconciles, and resolves discrepancies in payroll records, including absence reporting, timecards, and timesheets.
• Prepares a variety of payroll-related documents and data reports.
• Processes court-ordered wage garnishments, child support orders, and tax levies in compliance with applicable laws and regulations.
• Assists with preparation for the annual financial audit, including documentation and reconciliation support.
• Performs other duties as assigned by the Lead Payroll Specialist and Director of Budget and Finance.

EVALUATION

Performance of this job will be evaluated in accordance with provisions of the Board's policy on Evaluation of Support Services Personnel.

Pay:

$47,465.60

• $80,641.

60 per year

Benefits:

401(k) Bereavement leave Dental insurance Employee assistance program Health insurance Health savings account Life insurance Professional development assistance Retirement plan Tuition reimbursement Vision insurance

Work Location:

In person