Budget Analyst

City of Somerville, MA•Somerville, MA

54d•$90,000

About The Position

The City of Somerville is seeking a detail-oriented and collaborative Budget Analyst to join our Finance team. This position supports the Budget Director in preparing and managing the City's annual Operating Budget and 10-Year Capital Investment Plan, monitoring department budgets, forecasting revenues and expenditures, and conducting special analyses to support strategic decision-making.

Requirements

A Bachelor's Degree in accounting, finance, or public administration, supplemented with at least (3) years experience in governmental finance, preferable at the local level. Equivalent combinations of education and experience may be considered.
Must be versed in activity-based costing, techniques of budget analysis, and information systems for cost-analysis.
Must be proficient in the compilation, manipulation, analysis, and maintenance of large amounts of financial data.
Must have excellent analytical skills and the ability to understand complex issues.
The successful candidate will demonstrate the ability to work under general supervision.
Must be attentive to detail and possess effective verbal and written communication skills.
Must have facility with EXCEL and Microsoft Office, and the ability to work with financial management software systems.

Nice To Haves

Master's Degree preferred.
Experience with coding languages (R, Python or similar) are valuable but not required.

Responsibilities

Assist in developing, implementing, and administering the annual Operating Budget.
Compile and analyze financial data, prepare charts and tables, and review departmental budget submissions for accuracy and alignment with City goals.
Train City staff on budget procedures and provide guidance throughout the budget process.
Support planning for the 10-Year Capital Investment Plan, including project scheduling, cost modeling, and maintaining project data.
Monitor and analyze budget performance; identify and explain variances.
Analyze revenue and expenditure trends; recommend updates to the 10-year financial forecast.
Provide financial analysis for collective bargaining, including costing out proposals and agreements.
Conduct cost-benefit analyses for grant applications, programs, fees, and capital purchases.
Assist with preparation of the Comprehensive Annual Financial Report (CAFR).
Prepare special reports for City leadership
Verify position and payroll data in collaboration with Human Resources and Payroll.

Benefits

4 weeks annual vacation for non-union positions.
Medical insurance through the Group Insurance Commission (GIC) - 80% of premium costs paid by City
Dental coverage low and high plans through Cigna
Vision care through Vision Service Plan (VSP)
Long term disability through Sun Life
Group and voluntary life insurance through Boston Mutual
Health Care and Dependent Care flexible spending through Benefit Strategies
Deferred compensation plans through a choice of three vendors
Free, confidential services through the Employee Assistance Program (EAP) provided by E4Health
Annual cancer screening & wellness release
Somerville Retirement Pension System
Tuition reimbursement
MBTA pass program
FREE Blue Bikes membership
Eligible employer for the Public Service Loan Forgiveness Program (PSLF)