Principal Budget Analyst

City of Folsom•Folsom, CA

10d•Onsite

About The Position

The City of Folsom's Office of Management & Budget is currently recruiting for one (1) Principal Budget Analyst to join the Finance Department. This is a confidential, unrepresented, exempt position. Under the general direction of the Financial Services Manager, the Principal Budget Analyst performs complex budgetary, financial, economic, statistical functions, and programs, evaluates cost and performance data; and provides sound recommendations for budget policy and formulation, implementation and procedure; coordinates activities of the City’s Operating and Capital Improvement Plan Budgets with other departments, governmental agencies, and/or private entities. The Principal Budget Analyst is a professional level classification. Using a high degree of independent judgment to perform highly complex analytical work and apply an expert level of understanding on fiscal and budgetary analysis and control at the management level. This classification is distinguished from that of the Senior Financial Analyst, in which the latter performs less complex accounting and financial reporting-related duties. In addition, the Principal Budget Analyst may oversee, monitor, and/or direct the work of lower-level staff. This position is in-office Monday - Friday, 8:00am - 5:00pm. This is an exempt, unrepresented-confidential position.

Requirements

Bachelor’s Degree in Business, Finance, Accounting, or related financial area from an accredited college or university.
Five (5) years of increasingly responsible professional-level budget, accounting, or financial administrative and analytical experience, experience in forecasting, strategic planning, and policy analysis or financial analysis.
Municipal experience is required.
Ability to independently research, analyze and make effective recommendations on administrative, management, organizational, budgetary and fiscal practices, procedures and problems.
Ability to collect, evaluate, and interpret varied information and data, either in statistical or narrative form.
Ability to prepare and deliver city-wide operating and capital improvement budget, as well as quarterly and year-end reporting.
Ability to work effectively with sensitive and confidential information in a political environment.
Ability to prepare and write comprehensive, accurate and complex reports in a logical, comprehensive, concise manner, and make recommendations.
Ability to communicate effectively orally and in writing using all communication methods.
Ability to coordinate multiple projects and meet critical deadlines.
Ability to develop and direct professional, technical, or support staff in following procedures and instructions for conducting studies and preparing reports.
Ability to prioritize workload efficiently, without direct instruction, to meet deadlines under changing conditions.
Ability to analyze a variety of complex administrative, statistical and organizational problems and make sound policy and procedural recommendations.
Ability to interpret and apply laws, regulations, and policies.
Ability to acquire subject matter expertise in specific functions, programs and special projects, including the laws, rules regulations, and procedures and technical operations.
Ability to establish and maintain effective working relationships with those contacted in the course of work.
Ability to supervise, train, discipline, and evaluate subordinates.

Nice To Haves

Master's degree in Public or Business Administration or Accounting is desirable.

Responsibilities

Coordinate and manage the development of the City's financial plan, including capital and operating budgets and financial strategies; lead and participate in complex financial analyses of proposed policy changes; serve as a liaison between departmental management teams; provide information and analytical support involving major projects.
Monitor assigned departments to ensure that budget priorities are properly executed; evaluate existing and proposed financial strategies, policies, plans, procedures, programs and functions of assigned departments and budget units; consult with and advise department and budget unit staff; make recommendations.
Conduct detailed research and analysis of economic and legal conditions in the public and private sector to forecast long-term fiscal impact of decisions made by the city about programs and functions of City departments.
Analyze budgetary and statistical data and make recommendations; and provide financial information, analysis and recommendations for complex labor proposals.
Analyze City contracts for financial impact, ensuring alignment with the City's Operating and Capital Improvement budgets and compliance with established budgetary limitations.
Review purchase requisitions to confirm that expenditures remain within approved departmental budgetary constraints.
Conduct public presentations to the Mayor and City Council, other governmental bodies, community groups, and other public gatherings regarding complex and controversial policy, fiscal, and administrative issues.
Coordinate, review and evaluate budget segments prepared by operating department and divisions; initiate policy recommendations for functional and organizational changes in departments and budget units to achieve annual budget goals in areas of cost-effectiveness and levels of service of those departments; develop recommendations for, and coordinate budget preparation activities with other staff to prepare the final budget for presentation to the City Council.
Research, evaluate and make decisions on requests for assigned departments and budget units for changes in allocation of positions, funding appropriations, and program functions on a continuing basis throughout the fiscal year.
Review existing and proposed local, state and federal legislation for impact on the City, consult with affected departments makes recommendations on action to be taken, and writes proposed changes.
Provide customer service by responding to information requests, conduct budget analysis, review, research, and providing solutions to problems and correcting errors.
Review City Council staff reports to evaluate financial impacts and assess implications on the City's Operating and Capital Improvement budgets.
Represent the office and frequently take the lead role on committees and task forces for the development, scheduling, implementation and monitoring of programs, which have Citywide impact and required coordination between departments and divisions.
Represent the City in multi-jurisdiction committees, task forces, or work groups, and frequently taking the lead role in organizing, conducting, and implementing the effort.
Perform other related duties as assigned.