General Description and Classification Standards
This position performs complex budgeting, forecasting, and analysis functions of the Office of Budget & Fiscal Policy. The position analyzes budget requests of assigned departments, programs and funds, and acts as a primary source providing advice in the development of operational needs, new initiatives, estimated costs and expenditures needed to finance programs and operations. Works with assigned departments, programs, and funds, in the development of the annual budget; participates in the development and analysis of budget recommendations, appropriations and allocations. Presents budget recommendations to the Budget Director, Deputy Budget Chief, and Budget Chief.
Under the direction of the Budget Director, the Budget Analyst, Sr. performs budgeting activities in accordance with the principles and procedures of public finance, budgeting and budgetary control.
Essential Duties & Responsibilities
These are typical responsibilities for this position and should not be construed as exclusive or all inclusive. May perform other duties as assigned.
- Develops, interprets and implements financial concepts for financial planning and control.
- Performs technical analysis to determine present and future financial performance.
- Plans and carries out budget procedures for one or more departments including monthly monitoring of department expenditures and revenues.
- Performs monthly, quarterly, and annual variance and budget analysis for financial reports.
- Assists departments in the preparation of department budgets and budget materials.
- Reviews and makes recommendations on department budget proposals.
- Assists in the development of multi-year forecast estimates for department expenditures and revenues.
- Reviews department performance measures.
- Develops and maintains budget monitoring models and coordinates production of the formal monitoring report.
- Provides support and assists with special studies that require data compilation.
- Analyzes and interprets information in oral and written presentations.
- Assists in the fiscal evaluation of proposed legislation
- Performs ad hoc analysis and collaborates with senior peers on special projects.
- Decision Making
- Selects from multiple procedures and methods to accomplish tasks. Applies organizational policies.
- Leadership Provided
- Routinely provides work group leadership, guidance, and/or training to less experienced staff. Serves as a technical resource or mentor to other employees. May lead or instruct less experienced workers in high level or technical jobs.
Knowledge, Skills & Abilities
This is a partial listing of necessary knowledge, skills, and abilities required to perform the job successfully. It is not an exhaustive list.
- Strong analytical, critical thinking and problem solving skills
- Extensive knowledge of concepts and processes in finance area.
- Strong understanding of relationship of professional discipline with other organizations and functions.
- Strong Microsoft Office experience – Excel and PowerPoint
- Experience with Financial Functions – V Look Up, Pivot Tables, Sum IF statements, Macros, etc.
- Experience with Financial Management software and databases.
- Skill in interpersonal communications and in presenting information.
- Ability to apply professional knowledge to carry out assignments with limited supervision.
- Ability to process numbers quickly and accurately. Ability to spot inconsistencies and either troubleshoot issues as they arise or escalate to higher level.
- Ability to train others.
- Ability to build effective relationships within the organization.
Minimum Qualifications – Education and Experience
- Bachelor’s degree from an accredited college or university in finance, accounting, business administration, or a closely related field.
- Minimum of 3 years of experience as a budget, finance, policy, and/or management analyst with direct responsibility for budget development, analysis and management.
Preferred Education & Experience
- Master’s degree in finance, accounting, business administration, public administration or a closely related field.
- Minimum of 5 years of experience as a budget, finance, policy, and/or management analyst with direct responsibility for budget development, analysis and management.
Licensures and Certifications
- None required
Essential Capabilities and Work Environment
- Required physical, lifting, and sensory capabilities are requirements to perform the job successfully. Typical environmental conditions associated with job.