FINANCIAL ANALYST IV

Applications accepted from: ALL PERSONS INTERESTED

Division/Section: Finance & Accounting / Revenue - Receivables

Workdays & Hours: Monday - Friday 8:00 am - 5:00 pm, Occasional Weekend / Holidays***Subject to change***

PURPOSE OF DIVISION

The purpose of the Finance and Administration Division is to ensure that the Houston Airport System generates the financial resources required to provide the facilities and services that passengers want. The Division ensure the proper internal and external reporting of the financial activities of the Houston Airport System. Additionally, Finance and Administration is charged with assisting the organization in decision making as it related to pursuing new projects, funding/financing projects and provide financial analysis in particular for Accounts Receivable/Revenue section.

PURPOSE OF THE POSITION

The primary purpose of this position is to manage and oversee the Accounts Receivable and billing functions for the Houston Airport System by ensuring the accurate billing, collection, reconciliation, and reporting of revenue. Reporting to the Division Manager, the incumbent supervises daily Accounts Receivable operations, reviews aging and revenue reports, reconciles bank activity, prepares financial reports, and ensures compliance with City of Houston policies, Generally Accepted Accounting Principles (GAAP), and internal controls. The position also supports financial reporting, audits, and process improvements while serving as a key resource for resolving billing issues and providing financial analysis to support sound operational and strategic decision-making.

The responsibilities of the Staff Analyst include, but are not limited to:

The incumbent is responsible for managing the Accounts Receivable and billing functions for the Houston Airport System, ensuring the accuracy, integrity, and timeliness of financial transactions and reporting. Responsibilities include, but are not limited to, the following:

• Review, verify, and process invoices for vendors, utility providers, and departmental billings to ensure accuracy, compliance with established policies and procedures, appropriate supporting documentation, and timely submission for payment.
• Research and resolve invoice discrepancies by coordinating with vendors, internal departments, and stakeholders to identify billing errors, reconcile differences, obtain necessary approvals, and expedite payment while maintaining positive vendor relationships.
• Manage the Accounts Receivable and billing process, including generating customer invoices, monitoring outstanding receivables, maintaining accurate customer account records, and ensuring timely collection of revenues in accordance with established financial policies.
• Prepare, analyze, and reconcile daily and monthly revenue reports by comparing revenue transactions to supporting documentation, identifying variances, investigating discrepancies, and ensuring the completeness and accuracy of financial data.
• Review accounts receivable aging reports to monitor outstanding balances, identify delinquent accounts, recommend collection strategies, and coordinate follow-up activities to improve cash collections and minimize overdue receivables.
• Prepare financial reports and revenue summaries for management by compiling financial data, analyzing trends, and providing accurate information to support operational and strategic decision-making.
• Monitor and reconcile daily bank activity, including deposits, electronic payments, wire transfers, and other cash receipts, ensuring all transactions are accurately recorded and discrepancies are promptly investigated and resolved.
• Perform journal entries and journal corrections to maintain the integrity of the general ledger, ensuring all accounting adjustments are properly documented, reviewed, approved, and recorded in accordance with Generally Accepted Accounting Principles (GAAP) and City financial policies.
• Serve as the primary liaison with external agencies, customers, tenants, vendors, and other organizations by responding to billing inquiries, resolving payment issues, explaining financial procedures, and maintaining effective working relationships with internal and external stakeholders.
• Assist with month-end and year-end closing activities, including reconciliations, account analyses, accruals, and preparation of supporting documentation for financial statements and audits.
• Support internal and external audits by preparing schedules, providing requested financial documentation, responding to audit inquiries, and implementing recommendations to strengthen internal controls.
• Maintain accurate financial records and supporting documentation in accordance with records retention requirements, departmental procedures, and applicable regulatory standards.
• Ensure compliance with City of Houston policies, airport financial procedures, applicable accounting standards, and internal control requirements while safeguarding co…