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The Finance Authority Analyst evaluates participants of Arkansas Development Finance Administration (ADFA) programs for eligibility and assists in ensuring efficient and effective program operations,

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Job Grade:


Special Job Requirements:


Typical Functions:

Evaluates eligibility of borrowers and adequacy of loan documents for compliance with ADFA rules and IRS regulations. Prepares correspondence and provides assistance to lenders, developers, and consultants. May provide information to potential clients concerning credit, insurance, and financing. Compiles data and prepares a variety of reports relative to ADFA operations. Provides assistance in the implementation of ADFA programs by revising documents, preparing surveys and other documents, setting up and conducting training workshops for ADFA participants, reviewing documents submitted for approval, including, but not limited to appraisals, buyer income, survey exceptions, and a variety of other information. Reviews plans and specifications for all new construction and rehabilitation projects. Performs duties including preparation of correspondence, file maintenance, and scheduling. Provides all functions to maintain purchasing and procurement for the agency ensuring all state and federal guidelines are met. Reviews and approves expense reimbursement requests ensuring state guidelines are followed. Processes agency payroll and performs personnel administration duties, benefits administration duties, leave accounting and year-end closing procedures. Monitors AASIS activity for propriety. May participate in workshops and conventions as agency representative. Maintains data base systems and resolves internal data base issues as they arise.

Knowledge, Abilities, and Skills:

Knowledge in the use of personal computers, especially word processing and spreadsheet programs. Knowledge of loan reservation systems or pipeline management concepts. Knowledge of lending practices, including, but not limited to loan processing, underwriting, closing and servicing. Knowledge of the principles and practices of accounting. Skill in preparing accurate written reports on research findings. Ability to maintain effective working relationships with supervisors, co-workers, team members, external partners and the public. Ability to maintain confidentiality and handle sensitive information. Ability to coordinate the processing of loans with lenders by providing information and training on new and existing ADFA program guidelines and procedures.

Minimum Qualifications:

The formal education equivalent of a bachelor’s degree in accounting, real estate, finance and banking, or a related field; plus one year experience in a support function and/or certifications related to the department for which the position is located. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.

Required Certificates:



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