Senior Budget Analyst

mPower Inc.; Bethesda (MD); On-site; USD 115,000 - 145,000; Full time

Job summary

Medium is looking for an experienced Budget Analyst to join their team in Bethesda, Maryland. The role entails managing fiduciary responsibilities associated with budgeting, including budget formulation, presentation, and execution. The successful candidate will prepare materials for budget discussions, analyze trends, and provide expert recommendations.

Applicants should possess a Bachelor's degree in business or finance and have at least 7 years of relevant experience. This position offers a salary range of $115,000 to $145,000 annually.

Qualifications

• 7+ years of experience in budgeting and finance.
• Mastery of budgetary concepts, laws, and regulations.
• Ability to research data and develop financial reports.

Responsibilities

• Prepare background material for budget discussions.
• Develop future budgetary requirements based on analysis.
• Oversee execution of grants and contracts.
• Analyze budgetary issues and recommend procedures.
• Provide budget advice to program officials.

Skills

Budgeting and financing expertise

Data research and analysis

Communication skills

Education

Bachelor’s degree in business and/or Finance

Job description

mPower is looking for a Budget Analyst to join our team. The experienced analyst will participate in funds control with the organization and provide expert advice on budget formulation, budget presentation, and budget execution. A well-qualified and enthusiastic candidate is being sought to manage fiduciary responsibilities associated with the organization’s financial and budget administration system.

Job Responsibilities

• Prepares background material concerning the budget for use in briefings.
• Formulates and develops future budgetary requirements for the complex mechanisms of support, using historical data, trend analysis and relevant funding patterns of the organization.
• Oversees the execution of the grants and contract portfolios, analyzes and tracks grant trends.
• Analyzes specific budgetary and fiscal areas of special concern and recommends procedures and methods for change, many of which require continuing or long‑range analysis.
• Provides advice and recommendations on all aspects of budget to program officials and managers.
• Develops proposed budgetary policy and procedural guidance for organization components.
• Coordinates the preparation and/or execution on the budget for the organization.
• Must be an expert in maintaining, tracking, and updating internal financial control systems.
• Tracks changes to budget authority at multiple levels of distribution.
• Verifies that sufficient funds are available for transactions processed, records commitment documents such as interagency agreements or memorandums of understanding, monitors obligations for conformance to the overall financial operating plan and apportionment plan; and analyzes the use of funds and funds availability against operating or financial plans.

Required Qualifications

• Bachelor’s degree in business and/or Finance and 7+ years of experience.
• Skill as an expert analyst who has mastered the concepts, principles, practices, laws, and regulations of budgeting and/or financing.
• Ability to research data from various automated systems for analysis, studies, and interpretation; budgetary relationships; forecasting data; and developing reports and recommendations for action.
• Skill in researching policies and Federal regulations.
• Ability to communicate orally to provide recommendations and make presentations.

$115 - $145 a year

mPower, Inc. is an Equal Opportunity/Affirmative Action employer. Qualified applicants or employees will receive consideration for employment without regard to race, color, religion, ethnic or national origin, ancestry, age, sex, sexual orientation, gender identity, pregnancy (including childbirth or related condition), citizenship, familial status, mental or physical disability status, veteran status, genetic information, other non-disqualifying disability, or any other characteristic protected by law.