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Financial Analyst

Job Posted 4/29/2024
El Paso County - Colorado
2880 International Circle Suite N060
Colorado Springs, CO 80910
United States
Category Finance
Experience Required
Degree Required
Government / Civil Service
$70,000.00 to $79,980.00 Per Year
Job Description

Job Summary


Are you ready to elevate your career and immerse yourself in the dynamic world of Digital, Strategy, and Technology (DST)?  We're looking for a brilliant mind to join our team and revolutionize how we understand and optimize the cost of our services.


What You'll Be Doing:

  • Complex Financial Analysis: Unleash your analytical prowess to inform strategic decisions, identify cost-saving opportunities, and optimize the cost of services for the DST Department.
  • Strategic Collaboration: Engage with leadership and staff to develop and maintain procedures for accurate cost recording, actively contributing to improvement projects and initiatives.
  • Innovative Problem Solving: Proactively identify opportunities for cost savings and increased value, applying Generally Accepted Accounting Principles (GAAP) effectively and accurately.
  • Reporting Mastery: Prepare and present audit reports, cost of services, and budget versus actual reports, showcasing your expertise in financial reporting.
  • Sourcing Leadership: Take charge of the sourcing strategy, negotiation, and management of complex contracts, software licenses, and maintenance agreements for a portfolio of IT materials, equipment, and services.
  • Supplier Relationship Management: Oversee the supplier relationship management process, optimizing service levels, costs, and quality and driving continuous improvement initiatives.
  • Strategic Insight: Monitor market trends, supplier risks, and opportunities, providing valuable insights to support departmental needs and procurement strategies.


Our Ideal Candidate:

  • Expertise: A solid background in financial analysis, cost optimization, and strategic sourcing.
  • Leadership: Proven ability to lead sourcing strategy, negotiation, and management of complex contracts.
  • Market Perspective: Understanding market trends, supply chain dynamics, and procurement best practices.
  • Innovative Mindset: A proactive and independent approach to identifying cost-saving opportunities and adding value.


Join us on this exciting journey as we redefine the future of DST. Apply now and be part of a team that thrives on innovation, collaboration, and excellence!

Hiring Range: $70,000.00 - $79,980.00 annually (salary to be commensurate with qualifications)

This position has an anticipated work schedule of Monday – Friday, 8:00am – 5:00pm, subject to change. Position will be hybrid eligible upon the completion of the 6-month initial review period. Under FLSA guidelines, this position is exempt.

Performs complex financial analysis; recommended actions to understand and optimize the cost of services for the Digital, Strategy, and Technology (DST) Department. Manages strategic sourcing and supplier relationship processes.


Essential Duties/Responsibilities


  • Performs complex financial analysis to inform strategic decisions. Proactively and independently identifies opportunities for cost savings and increased value.  
  • Collaborates with leadership and staff to develop and maintain procedures and methods for recording costs of services (labor, contracted services, inventory transactions), ensuring accuracy and efficiency.
  • Seeks understanding of cost of current and proposed services; analyzes, identifies, and makes recommendations for cost optimization opportunities.
  • Actively contributes to improvement projects and initiatives, including analysis of service costs, project costs, and cost accounting; applies Generally Accepted Accounting Principles (GAAP) effectively and accurately.
  • Validates and reviews proposed savings. Follows up and monitors progress against cost saving targets.
  • Partners with leadership and staff to manage and report costs. Builds, compiles, and distributes financial reports. 
  • Oversees inventory cycle counts to ensure and verify that all inventory transaction details are recorded accurately.
  • Ensures compliance with County policies, accounting standards, and costing best practices.
  • Participates in business planning; works with leadership to develop new service costing in accordance with costing best practices.
  • Supports allocation and management of service and project budgets.
  • Prepares and presents audit reports, cost of services, and budget versus actual reports.
  • Leads the sourcing strategy, solicitation, negotiation, and management of complex contracts, software license, and maintenance agreements for a portfolio of IT materials, equipment, and services.
  • Oversees supplier relationship management process with focus on optimizing service levels, costs, and quality.
  • Develops contract specifications, statements of work, terms and conditions, and evaluation criteria. Oversees analysis and evaluation of proposals; negotiates contract provisions and monitors agreement compliance and contract execution.
  • Manages the development and implementation of supplier continuous improvement initiatives and process improvements.
  • Monitors and advises on market trends (cost drivers, levers, competitive situations, supply chain constraints), supplier risks, and opportunities; supports departmental needs, and provide status, guidance, and direction on procurement related issues and supply chain best practices.
  • Tracks and reports commodity spending. Recommends and implements approved strategies to optimize commodity costs and customer satisfaction with commodity sourcing.
  • Performs other duties as required.




Knowledge, Skills, and Abilities:

  • Knowledge of technical equipment specifications, including knowledge of handling and inspection of technical and telecommunications equipment.
  • Knowledge of Microsoft Office, including Word, Excel, and Outlook.
  • Knowledge of accounting and budgeting principles and practices as well as Generally Accepted Accounting Principles (GAAP).
  • Knowledge of the technology environment, including computer operations, computer systems and functions, systems backup, and basic knowledge of networks and systems hardware and equipment.
  • Ability to work independently, exercise sound judgment, and work under pressure at multiple tasks. Ability to efficiently plan, schedule, and organize.
  • Ability to provide accurate information and possess a high level of attention to detail.
  • Ability to produce timely and accurate reports; ability to make correct mathematical calculations.
  • Ability to communicate effectively, both verbally and in writing. Ability to prepare clear and concise reports, spreadsheets, charts, graphs, and presentations. Must be able to provide accurate and detailed information.
  • Strong analytical skills to interpret and evaluate various methodology and associated data.
  • Maintain regular and punctual attendance.

Required Education and Experience:

  • Bachelor's degree in accounting, finance, or related field.
  • Minimum three years of accounting, cost accounting, or related finance experience.  
  • Any equivalent combination of related education and work experience that satisfy the requirements of the job will be considered.

Preferred Education and Experience:

  • Experience in a service costing.
  • Minimum three years of product and/or service sourcing or other procurement experience.
  • Experience in government purchasing methods, including RFQ, RFI, RFP, IFB and contracting.

Pre-Employment Requirements:

  • Must pass conditional post offer background investigation and drug screen.


Work Conditions


Duties are performed primarily in an office and/or remote work environment dependent on Department discretion and business needs.




El Paso County will be a trusted regional leader known for excellence in county service delivery. 


We provide essential public services to the Pikes Peak Region in support of our residents, businesses, and communities, enhancing the freedom for all to thrive.  

El Paso County is an E-Verify and Equal Opportunity Employer.

El Paso County adheres to Federal drug screening guidelines and requires a pre-employment drug screen.


2880 International Circle Suite N060
Colorado Springs CO 80910
United States
View Count 172
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