FINANCIAL ANALYST 1 

Division of Employment and Rehabilitation Services (DERS)
Finance and Business Operations Administration (FBOA)
1789 West Jefferson Street, Phoenix, Arizona 85007

Salary: $26.9712/ hourly ($56,100.09 annually) 

Grade: 19

Closing Date: Open until sufficient resumes are received 

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 that 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 Employment and Rehabilitation Services (DERS) strengthens Arizona communities by bridging and minimizing gaps to employment and independence.
DES is seeking an experienced and highly motivated individual to join our team as a Financial Analyst 1 with the Finance and Business Operations Administration (FBOA). This position is responsible for preparing fiscal and operational reports, conducting financial analyses, monitoring budgets, and developing forecasts for assigned programs. The role ensures compliance with state and federal regulations, analyzes the financial impact of policy and funding changes, and serves as the primary financial contact for program management. The ideal candidate is highly analytical, communicates complex financial information clearly, and effectively manages multiple priorities in a fast-paced environment.

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, should be performed within Arizona unless an exception is properly authorized in advance.

Essential Duties and Responsibilities include but are not limited to:
• Developing and maintaining fiscal summary information for assigned areas including data such as funding sources, historical funding patterns, case load statistics, etc.
• Researching and analyzing expenditure and revenue trends for the purpose of reporting fiscal position, preparing external and internal reports, and preparing forecasts.
• Determining funding needs of assigned programs and initiating transactions, including transfers, draw downs, deposits, journal vouchers, expenditure corrections, encumbrances and modifications, and other like documents.
• Identifying, researching, reviewing, analyzing, and establishing possible impacts of proposed/pending federal and State legislation, policy changes, or funding modifications for assigned areas.

Knowledge in:
• Governmental accounting and fiscal principles
• Principles and practices of administration with special reference to organization
• Fiscal management and budgetary control
Skill in:
• Written and oral communication to convey a wide variety of information.
• Excellent analytical and problem-solving skills
Ability to:
• Learn and apply increasingly complex concepts
• Acquire knowledge of the principles, concepts, and current practices in government organization

The ideal candidate for this position will have:
• Bachelor's degree in accounting, finance, economics or business administration with a specialty in accounting, finance or economics from an accredited college or university; OR a Master's of Business Administration, Public Administration, or related field such as accounting, finance, finance or economics from an accredited college or university.

• 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).
• Travel will be required for State business. 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).

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 vacation and sick time
• 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 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 Myranda Carrasco at (623) 633.2767 or email myrandacarrasco@azdes.gov.
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 (623) 633.2767 or emailing myrandacarrasco@azdes.gov. Requests should be made as early as possible to allow time to arrange the accommodation.