Budget Analyst

State of Oklahoma • Oklahoma City, OK

1d • Onsite

About The Position

Positions in this job family perform analytical work involving the collection and evaluation of agency financial data, budgetary control records and other information concerning agency expenditures and revenues to determine budget requirements, develop budget work programs, prepare proposed legislation and develop justification for requested funding levels. This includes the analysis of financial information concerning expenditures for payroll, capital projects, operating expenses, supplies and equipment, professional services contracts, and other costs, and of projected revenues from various fees, taxes, tolls, investments, appropriations and other sources and developing recommendations or proposals concerning appropriate changes. It also includes the allocation of projected revenues to various functions and activities, continuing review and evaluation of actual expenditures and revenue against budget projections and making adjustments or corrections as needed.

This is the specialist level of this job family where employees are assigned responsibility for performing advanced level work of a complex and difficult nature in reviewing and preparing budget estimates and budget work programs. This may include responsibility for budgets with a large number of expenditures, functions, revolving funds, sources of revenue, FTE, line items, or other factors affecting the complexity of the work assigned. It may also include positions that are assigned responsibilities for providing functional supervision to others as a team leader or project leader or similar responsibilities and positions that are the only position in an agency with independent responsibility for compiling and administering the agency’s budget program on a full time basis.

Position is located in the Financial Services Division at DRS State Office in Oklahoma City. Essential Functions: This position assists senior staff in preparation and submission of annual Budget request, Budget Work Program (BWP), BWP revisions, and legislative reports; performs complex review and analysis of revenue, expenditures, and encumbrances in comparison with budgeted amounts and prepares budgetary and fiscal reports; position/payroll budgeting, reconciliation, and projections.

Requirements

• A bachelor’s degree in business or public administration, economics, accounting or finance plus three years of experience in professional budget administration or fiscal analysis; or an equivalent combination of education and experience in one of the above areas.
• Knowledge of the principles and practices of organization and management; of public administration; of methods and techniques for conducting research and analysis; of various sources of revenue available to governmental agencies; of typical expenditures required to provide governmental services; of the principles and practices of governmental accounting and budgeting; of program evaluation techniques; of services which can be provided by other sources, including the private sector; of the legislative process; and of the principles and practices of effective communication.
• Ability to review and analyze financial data.
• Ability to establish realistic budget goals.
• Ability to organize and present facts and opinions accurately.
• Ability to analyze and understand agency goals and objectives.
• Ability to establish and maintain effective working relationships with others.
• Ability to review and analyze a full range of financial information concerning revenues and expenditures.
• Ability to develop appropriate budget recommendations.
• Ability to perform complex and difficult analysis of a wide range of factors related to determining budget requirements and making recommendations concerning budget reductions.
• Applicant must be willing to perform all job-related travel.
• Applicants must be authorized to work in the U.S. now and in the future without employer sponsorship.

Nice To Haves

• Proficiency in Microsoft Excel and Microsoft Access.

Responsibilities

• Compiles data related to agency financial transactions and operations, revenues and expenditures.
• Analyzes financial information concerning personnel, capital projects, supplies and equipment, professional services, and other expenses; determines budgetary requirements by function and activity.
• Participates in surveys, studies, meetings and legislative hearings concerning agency financial requirements; provides assistance to agency managers and supervisors in preparing budget estimates and proposals; conducts research and analysis on proposed legislation or other factors affecting budget requirements.
• Reviews revenue projections from appropriations, fees, taxes, tolls and other sources; matches projected revenue to projected expenditures; makes recommendations concerning changes in program goals, workloads, staffing patterns, funds distribution and other areas; identifies needs for changes in various sources of revenue.
• Develops agency budget work programs, including justification; prepares proposed legislation.
• Assists senior staff in preparation and submission of annual Budget request, Budget Work Program (BWP), BWP revisions, and legislative reports.
• Performs complex review and analysis of revenue, expenditures, and encumbrances in comparison with budgeted amounts and prepares budgetary and fiscal reports.
• Position/payroll budgeting, reconciliation, and projections.

Benefits

• Generous state paid benefit allowance to help cover insurance premiums
• A wide choice of health insurance plans with no pre-existing condition exclusions or limitations
• Flexible spending accounts for health care expenses or dependent care
• Employee assistance programs and health and fitness programs
• 11 paid holidays
• 15 days of vacation and 15 days of sick leave for the first year
• Retirement Savings Plan with a generous match
• Longevity Bonus for years of service

What This Job Offers

• Job Type: Full-time
• Career Level: Senior