Budget Planning & Analysis Manager

Job Summary:

Precinct One has an exciting opportunity for a Budget Planning and Analysis Manager in the Finance and Budget Division. Under the guidance and supervision of the Director of Finance, the Manager of Budget Planning and Analysis (BP&A) plays a crucial leadership role within Precinct One’s Finance department. This position is responsible for various senior-level tasks encompassing data analytics, automation, developing and monitoring proper budget and financial policies and procedures, and driving strategic budget decision-making through analysis, forecasting, and reporting. The Budget Planning and Analysis Manager is expected to possess a strong understanding of budget and financial principles, advanced analytical skills, system integration expertise, an automation mindset, and the ability to collaborate cross-functionally to optimize the organization's financial performance and to manage a high-performing team of financial professionals.

Essential Duties and Responsibilities:

• Budget Development and Management: Collaborates with senior management and department heads on the creation of the annual budget to ensure accuracy and alignment with strategic goals through a streamlined automated process. Monitors budgeted general, grant, bond, and commercial paper funding sources for compliance with federal, state, and local restrictions. Conducts variance analysis initiating corrective actions when necessary.
• Budget Analysis and Forecasting: Conducts long-tern and short-term budget analysis to identify trends, risks, and opportunities aiding the formulation of informed strategies while also generating accurate and timely financial and capital forecasts, aligning projections with the strategic objectives set by the department. Develops long-term financial plans and strategies to support capital infrastructure and contractual commitments.
• Budget Reporting and Communication: Prepares and presents complex budget reports to key stakeholders articulating key insights, patterns, and trends. Develops budget models to support decision-making, including sensitivity analysis, scenario planning, and capital expenditure analysis. Develops and implements key performance indicators (KPIs) to measure the financial performance and ensure that performance is aligned with strategic objectives. Collaborates effectively with key stakeholders.
• Process Improvement: Evaluates the budget planning and analysis processes and procedures identifying areas of opportunity and developing and implementing improvements to increase efficiency, effectiveness, and accuracy. As well as researching and applying best practices and tools to optimize operations.
• Team Leadership and Development: Manages and mentors a team of finance professionals fostering team growth, performance, and professional development by setting clear goals, providing feedback, and ensuring the team's alignment with the objectives set by the organization.
• Other duties as assigned

Education:

• Bachelor’s degree in accounting, Finance, Business Management, or other related degrees. CPA or other financial certification is preferred but not required.

Experience:

• At least 5 or more years of experience working in Finance, Financial Planning, Budgeting, or related experience.
• At least 3 or more years of experience in a managerial role

Preferences:

• Experience with Python, HTML5, JavaScript, Object Relational Mapping (ORM), SQL, Tableau, QuickBooks, Power BI and PeopleSoft

Knowledge, Skills, and Abilities:

• Ability to analyze data and perform required functions within standard ERP systems (PeopleSoft preferred).
• Ability to build or implement data dashboards and data analytics in electronic format (Power BI, Tableau, etc.).
• Ability to analyze cost-effectiveness of programs and initiatives.
• Demonstrated ability to build annual multi-divisional budgets from the bottom up and communicate them effectively to management.
• Detail-oriented mindset with the ability to manage multiple tasks and deadlines.
• Excellent verbal and written communication skills for presenting findings to both financial and non-financial stakeholders.
• Knowledge of Generally Accepted Accounting Principles and Government Accounting Principles.
• Strong understanding of municipal finance and budget practices. Awareness of laws about municipal governments.
• Strong business acumen and the ability to align financial strategies with organizational objectives.

Work Environment:

• This job operates in a professional office environment. This role uses standard office equipment such as computers, phones, printers, and copiers.

Physical Demands:

• This role is a standard office role which requires remaining stationary for long periods of time. At times files or boxes must be transported weighing up to 15lbs.