BUDGET ANALYST

Arkansas Department of Energy & Environment; Little Rock (AR); On-site; USD 57,000 - 85,000; Full time

Job summary

Arkansas Department of Energy & Environment seeks a Budget Analyst in Little Rock to support the state's annual budget through data gathering, projections, and historical analysis. You will collaborate with department managers to develop budgets aligned with state goals and present financial summaries to inform allocations.

This on-site position requires a bachelor’s degree with two years in budgeting or financial analysis; strong analytical skills, knowledge of government budgeting, and

Qualifications

• Bachelor’s degree in accounting, finance, business or economics plus 2 years budgeting/financial analysis experience.
• Strong analytical and problem-solving skills to assess financial data and trends.
• Knowledge of government budgeting processes and financial regulations.

Responsibilities

• Monitor expenditures and appropriations in AASIS.
• Prepare monthly financial reports for designated programs.
• Provide financial analysis and strategic input for management.
• Explain cost allocations and budget decisions to stakeholders.
• Assist with AOP and Biennial Budget processes.

Skills

Analytical skills

Budgeting experience

Variance analysis

Financial modeling

Forecasting

Attention to detail

Government budgeting

Education

Bachelor's degree

Job description

BUDGET ANALYST

Location: Little Rock, AR, US, 72202

Category: DEPT OF WORKFORCE SERVICES

Anticipated Starting Salary: $57,351.01

Salary Range: $57,351- $84,879

Class Code: FBU01P

Pay Grade: SGS07

Job Series: Budget

Classification: Budget Analyst – Career Path

Nearest Major Market: Little Rock

The Budget Analyst will assist in preparing and organizing the state’s annual budget by gathering financial data, creating projections, and analyzing historical data to ensure accurate and effective budget planning. The role collaborates with department managers to gather relevant data for the creation of department-specific budgets, ensuring alignment with overall state financial goals. Prepare budget reports and present financial summaries to support strategic decision‑making for budget allocations. Conduct financial analysis to determine budget trends and help identify areas for cost‑saving or reallocation of resources. Prepare and maintain financial reports that detail the department’s budgetary status, including income, expenditures, and forecasts. Ensure the department’s budget complies with relevant laws, regulations, and policies regarding financial management and reporting.

Work Location: This position requires on‑site employment with no remote or hybrid options available.

Job Responsibilities And Expected Results

• Monitors expenditures and appropriations in AASIS.
• Assists with the AOP and Biennial Budget process for designated programs.
• Prepare monthly financial reports for designated programs.
• Providing financial analysis and strategic input to facilitate high‑level decision‑making by management.
• Communicates complex cost accounting concepts to management and staff.
• Reports and explains cost allocations and budget decisions to internal and external stakeholders.
• Process payments for grant recipients.
• Assists with setting up vendors in AASIS and resolving payment issues.
• Other duties as assigned.

Knowledge and Skills

Strong analytical and problem‑solving skills to assess financial data, identify trends, and make recommendations for improving budget performance. Ability to perform detailed variance analysis and explain the underlying causes of budget discrepancies. Competence in developing financial models and forecasts to project future budgetary needs. Exceptional attention to detail to ensure that financial data is accurate and budgetary decisions are well‑supported by reliable information. Ability to identify errors or inconsistencies in financial data and correct them before they affect the budget process. Solid understanding of government budgeting processes, accounting principles, and financial regulations.

Minimum Qualifications

A bachelor’s degree in accounting, finance, business administration, economics, or a related field is required, plus two (2) years of experience in budgeting, financial analysis, or a related financial management field.

Additional Information

Licensure/Certifications: N/A

Other job related education and/or experience may be substituted for all or part of these basic requirements, except for certification or licensure requirements, upon approval of the qualifications review committee.

Satisfaction of the minimum qualifications, including years of experience and service, does not entitle employees to automatic progression within the job series. Promotion to the next classification level is at the discretion of the department and the Office of Personnel Management, taking into consideration the employee’s demonstrated skills, competencies, performance, workload responsibilities, and organizational needs.