Budget Analyst IV

TX-HHSC-DSHS-DFPS • Austin, TX

9d

About The Position

The Budget Analyst IV performs advanced budget preparation and analysis work. Work involves assisting with the planning, organizing, coordinating, and evaluating budgets and performance measures. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment. Assists with the development, implementation, and maintenance of Legislative Appropriations Request (LAR), Fiscal Notes, Monthly Financial Report (MFR), Operating Budgets, and the Annual Operating Plans for these programs. Assists with the preparation and coordination of budget briefings to the Budget Manager, Budget Director, Chief Financial Office, and Program Management. Develops, monitors, tracks, and reports on key performance measures. Prepares management reports, analyses, correspondence, and related materials to keep management informed and responds to issues/problems.

Requirements

• Knowledge of accounting, budgetary, and management principles, practices, and procedures; and of legal restrictions governing allocation of funds.
• Skill in managing multiple competing assignments, prioritizing tasks and meeting deadlines while working within a large organization and producing high quality work.
• Skill in understanding and solving complex organizational problems.
• Skills in written and oral communication, time-management, planning / coordination, and attention to detail.Ability to monitor and report, to analyze financial data and identify potential problems and develop and present alternative solutions.
• Ability to perform complex operations in MS Office such as advanced Excel, Word, Access databases, SharePoint, and internet search engines.Ability to develop and maintain on-going productive and cooperative professional relationships with internal and external stakeholders, including being able to tailor communication to a wide variety of audiences to achieve desired results.

Nice To Haves

• Preferred graduate from an accredited four-year college or university with major coursework in accounting, business, or finance is generally preferred. Experience and education may be substituted for one another on a year-for-year basis.
• Experience with financial analysis, forecasting, and budgeting.
• Experience developing comprehensive reports and producing large data requests.

Responsibilities

• ORGANIZATIONAL BUDGET ANALYSIS: Participates in the preparation and development of the annual operating budget process. Works with program budget analysts to ensure funding sources are allocated and budgeted correctly. Uses Microsoft Excel and Access to setup operating budget and prepare for load into CAPPS/Cognos. Monitors, reviews, and analyzes operating budgets, methods of finance to ensure budgeted amounts are aligned to appropriated amounts, funds have been appropriately allocated, and appropriate use of funds. Prepares, reviews, and analyzes financial reports related to general revenue, federal funds, reimbursements, fees, appropriated receipts, and other fund areas as assigned for review by management. Analyzes trends and variances and tests for reasonableness and identifies any unusual financial activity. Researches, analyzes, and prepares charts and reports related to internal/external non-routine requests as required.
• STRATEGY AND APPROPRIATION BUDGET ANALYSIS: Coordinates the preparation and development of the legislative appropriation requests (LAR). Compiles draft appropriation requests; makes necessary revisions for accuracy and conformance with instructions; and assembles into five-year budgetary schedules to include Strategy Requests, Sub-strategy Requests, Exceptional Item Requests, Federal Funds Supporting Schedules, and Revenue Collections Supporting Schedules. Prepares reviews and analyzes cost estimates and fiscal notes for proposed legislation using past expenditures to project potential costs/revenues of implementation. Measures the impact of existing and proposed state and federal legislation on HHSC programs. Responds to budgetary inquiries from the legislature, Governor’s Office, state and federal agencies, and the Legislative Budget Board. Assists with the preparation, review, and reporting of performance measures.
• EXECUTION OF FINANCIAL ACTIONS: Certifies fund availability for budget certification forms and procurement requests. Reviews and completes budget certification forms including calculation/processing of offsetting journals, as required. Provides speed chart and/or chart field elements on various financial documents to ensure appropriate and correct use of funds. Assists with the monthly compilation of federal funds report for HHSC programs and leadership. Utilizes CAPPS/Cognos to run trial balances and/or accounting details.
• FINANCIAL POINT OF CONTACT: Serves as a resource for department staff and provides guidance/technical assistance related to budgetary matters. Prepare ad hoc reports requested by management, department staff, the Legislative Budget Board, the Governor’s Office of Budget and Planning, the State Comptroller, the State Auditor’s Office and the Health and Human Services Commission. Participates in training program staff on financial policies and procedures. Coordinates budgeting procedures, preparation, and reporting. Participate in budget policy and procedure development.
• OTHER DUTIES: Assists management with review of financial reports and analyses prepared by Program Budget Analysts; may participate in agency-wide workgroups to develop and establish financial policies and procedures; performs other financial duties as assigned. Flexibility in work hours, including overtime and/or extended hours, may be required for this position.

Benefits

• Our comprehensive benefits package includes 100% paid employee health insurance for full-time eligible employees, a defined benefit pension plan, generous time off benefits, numerous opportunities for career advancement and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees