Budget Analyst

NYC Department of Social Services; All (MO); On-site; USD 50,000 - 90,000; Full time

Job summary

Join a dedicated team as a Budget Analyst, overseeing grant budgets and ensuring compliance with fiscal operations. This role offers the opportunity to contribute to the financial management of essential services that impact the health of NYC residents. With a focus on program efficiency and effective resource utilization, you will analyze economic data, prepare fiscal reports, and make recommendations to enhance program funding. Enjoy unmatched benefits, job security, and the chance to make a difference in the lives of New Yorkers. This is not just a job; it's a commitment to public service and community well-being.

Benefits

Premium-free health insurance

Defined benefit pension plan

Tax-deferred savings program

Worksite Wellness Program

Flexible work-from-home policy

Qualifications

• Master's degree in economics, finance, or related field required.
• One year of experience in finance or policy analysis is necessary.

Responsibilities

• Monitor fiscal operations of grant-funded programs for compliance.
• Prepare reports and analyze economic data submitted by programs.
• Research funding sources for new program initiatives.

Skills

Economic Analysis

Statistical Analysis

Budget Management

Policy Analysis

Data Evaluation

Education

Master's Degree in Economics or related field

Bachelor's Degree with specific credits in relevant fields

Job description

ONLY PERMANENT EMPLOYEES IN THE TITLE AND THOSE THAT ARE REACHABLE ON THE ECONOMIST CIVIL SERVICE LIST ARE ELIGIBLE TO APPLY.

Division/Program Summary Description:
The Division of Finance has the responsibility and authority for policy analysis, program development, performance tracking and improvement, financial management, resource maximization and technical assistance. Finance helps to ensure that programs and administrative operations have the information, analysis, funding and technical capacity to deliver critical services effectively and meet the Department of Health's objectives.

Position Summary:
The Budget Analyst will be overseeing the CTL and grant budgets for selected bureaus within the division of Mental Hygiene, reporting directly to the Assistant Director of Mental Hygiene Budgets.

Job Duties and Responsibilities:

1. Monitor the fiscal operation of city, federal, state and private grant funded programs to ensure compliance and assist programs in more efficient/effective approaches to program administration.
2. Collect, classify, evaluate, and analyze economic data submitted by programs and prepare reports.
3. Research the programmatic implications of proposed policies, including identifying the impact to Personnel Services and Other Than Personnel Services budgets.
4. Update internal budgeting systems and monitor Grant and City Tax Levy spending; review OTPS encumbrances and personnel expenditures; assist in the preparation of budget modifications, journal entries, and grants closeouts.
5. Research potential funding sources for ongoing and new program initiatives.
6. Make recommendations to the program representatives for changes and corrections of errors.
7. Prepare fiscal summary reports and analyses, making recommendations to supervisory staff concerning provision of additional funding of existing or new programs.
8. Assist in the development and implementation of new policies and procedures.

Why you should work for us:

1. Benefits: City employees are entitled to unmatched benefits such as:
1. a premium-free health insurance plan that saves employees over $10K annually, per a 2024 assessment.
2. additional health, fitness, and financial benefits may be available based on the position’s associated union/benefit fund.
3. a public sector defined benefit pension plan with steady monthly payments in retirement.
4. a tax-deferred savings program.
5. a robust Worksite Wellness Program that offers resources and opportunities to keep you healthy while serving New Yorkers.
2. Work From Home Policy: Depending on your position, you may be able to work up to two days during the week from home.
3. Job Security: you could enjoy more job security compared to private sector employment and be able to contribute to making NYC a healthy place to live and work.

Established in 1805, the New York City Department of Health and Mental Hygiene (NYC Health Department) is the oldest and largest health department in the U.S., dedicated to protecting and improving the health of NYC. Our mission is to safeguard the health of every resident and cultivate a city where everyone, regardless of age, background, or location, can achieve their optimal health. We provide a wide array of programs and services focused on food and nutrition, anti-tobacco support, chronic disease prevention, HIV/AIDS treatment, family and child health, environmental health, mental health, and social justice initiatives. As the primary population health strategist and policy authority for NYC, with a rich history of public health initiatives and scientific advancements, from addressing the 1822 yellow fever outbreak to the COVID-19 pandemic, we serve as a global leader in public health innovation and expertise.

Come join us and help to continue our efforts in making a difference in the lives of all New Yorkers!

Commitment to Equity:
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

The NYC Health Department is an inclusive equal opportunity employer committed to providing access and reasonable accommodation to all individuals. To request reasonable accommodation to participate in the job application or interview process, contact Sye-Eun Ahn, Director of the Office of Equal Employment Opportunity, at [e-mail] or 347-396-6549.

Minimum Qualifications:

1. A master's degree from an accredited college or university in economics, statistics, finance, management, business administration, public administration, public policy or related field; or
2. A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in one or more of the course areas of economics, statistics, finance, management, mathematics, business administration, public administration, and public policy, 12 semester credits of which must have been in economics; and one year of satisfactory full-time experience in one or more of the fields of finance; economic, fiscal or statistical research; policy analysis; or quantitative, business, market or financial analysis. Graduate semester credits in any of the areas described in "1" above may be substituted for the undergraduate semester credits on the basis that each 3 graduate semester credits may be substituted for 6 of the required undergraduate semester credits.

Special Note:
To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one additional year of full-time experience listed in "2" above.

Special Note:
To be eligible for placement in Assignment Level III individuals must have, in addition to meeting the minimum requirements, at least two additional years of full-time experience listed in "2" above.

55a Program:
This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.

Public Service Loan Forgiveness:
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.

Residency Requirement:
New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.

Additional Information:
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.