Finance Analyst-Specific Questions Flashcards

1
Q

How would you handle the Mayor’s financial requests to the City Council?

A

I would check their request against budgetary constraints and strategic priorities.

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2
Q

How would you handle a request for financial analysis from the City Council President?

A

I would focus on detail and thoroughness, analyzing the data, creating clear reports, and ensure timely communication.

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3
Q

What is your process for reviewing and examining financial data?

A

I would systematically cross-reference financial reports with departmental expenses to ensure accuracy and resolve discrepancies.

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4
Q

Are you familiar with [blank] software?

A

While I’m haven’t used this system specifically, my adaptability and prior knowledge of various administrative systems ensures a quick learning curve.

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5
Q

How have you handled data analysis in the past?

A

In work, I’ve used Excel and other data analysis tools to examine monthly fluctuations in student enrollment and assets for my last job and even this current roll. Personally, I also use Excel regularly to examine my budgets, income, and expenses across various categories. I’m currently in the process of using Power Query to make this process more seamless, as well.

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6
Q

What experience do you have with municipal operations?

A

I’ve joined a Committee meeting in the past in order to receive a special sign permit during my time as Education Director. I also interacted directly with their city hall and various offices, so I do have some experience with municipal operations.

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7
Q

What is your experience with interpreting financial statements and conducting financial analysis?

A

For years, I’ve regularly created my own budgets for fun, seeing where I’ve needed to allocate more money towards my Roth IRA and mutual funds vs. utilities vs. saving for a future car/phone/annual insurance. I have my own Pivot Tables to see where I spend the most expenses and where I need to cut from. I have a chart for each month as well as the year, and this system takes minutes to update and reevaluate.

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