Budget Analyst

State Treasurer; Raleigh (NC); Hybrid; USD 53,000 - 92,000; Full time

Benefits offered by this job

Health insurance

Retirement plans

Paid vacation

Paid parental leave

NC Flex program

Job summary

The North Carolina Department of State Treasurer is seeking a Budget Analyst I (NS) to join the Financial Operations Division in Raleigh. The role provides leadership, oversight, and support in the execution of agency budgets, ensuring compliance with state rules and reporting requirements.

You'll examine budgets, forecast spending, evaluate policy impacts, and prepare reports, with on-site duties during emergencies.

Qualifications

• Experience or knowledge in the principles and practices of public administration and governmental budgeting and accounting.
• Experience or knowledge in fiscal and operational policy of state government.
• Experience or knowledge in the financial structure, accounting system, and financial procedures of the State of North Carolina.
• Experience in organizing and presenting clearly oral and written reports of findings and recommendations.
• Experience in establishing and maintaining effective working relationships with subordinate personnel, agency officials, legislators, and the general public.

Responsibilities

• Examines budgets and expenditures for compliance with applicable state budget rules, legislative intent, and federal and state laws.
• Provides consultation, technical assistance, and coordination in the preparation and execution of the continuation, operating, and expansion budgets which may utilize multiple funding sources.
• Completes or evaluates methodologies used in the preparation of budget or program spending forecasts and provides technical assistance to improve the accuracy of projections.
• Evaluates program, policy, and rule changes to determine their fiscal and program impact and to assure compliance with federal and state requirements.
• Coordinates, evaluates, and/or prepares legislatively required reports to ensure that they meet requirements.
• Identifies risks and adverse issues generated in budget and program activities, presents appropriate issues, and recommends solutions to management.
• Professional technical knowledge and analytical skills are utilized to assure that agency program goals and outcomes are effectively supported.
• Executes and supports related accounting functions.

Skills

Public budgeting

Government accounting

Financial analysis

Policy evaluation

Oral and written reporting

Education

Bachelor's degree in Business Administration / Public Administration / Accounting or related field

Job description

Agency Dept of State Treasurer Division Financial Operations Division Job Classification Title Budget Analyst I (NS) Position Number 60009274 Grade NC14

About Us

Our mission is to preserve, protect and sustain the state’s pension and healthcare plans, generate investment returns in excess of comparable public pensions, properly account for and report on all funds that are deposited, invested, and disbursed through the North Carolina Department of State Treasurer, assure the financially sound issuance of debt for state and local governments, maintain the state’s “AAA” bond rating, and provide exemplary service across all divisions of the Department.

Description of Work

This position reports to the Statewide Accounting Manager and provides leadership, oversight, and support in the execution of the budget to agency head and/or division management, including:

• Examines budgets and expenditures for compliance with applicable state budget rules, legislative intent, and federal and state laws.
• Provides consultation, technical assistance, and coordination in the preparation and execution of the continuation, operating, and expansion budgets which may utilize multiple funding sources.
• Completes or evaluates methodologies used in the preparation of budget or program spending forecasts and provides technical assistance to improve the accuracy of projections.
• Evaluates program, policy, and rule changes to determine their fiscal and program impact and to assure compliance with federal and state requirements.
• Coordinates, evaluates, and/or prepares legislatively required reports to ensure that they meet requirements.
• Identifies risks and adverse issues generated in budget and program activities, presents appropriate issues, and recommends solutions to management.
• Professional technical knowledge and analytical skills are utilized to assure that agency program goals and outcomes are effectively supported.
• Executes and supports related accounting functions.

Duties in this position are considered essential to operations for the Department of State Treasurer. This may require mandatory, on site work during adverse or crisis situations. Essential duties are a condition of continued employment. This position is considered an essential position within FOD of the Department of State Treasurer, including but not limited to the following business processes: Debt Issuance, principal and interest payments, fee payments, Debt Draws from OSBM or OSC.

The Financial Operations Division of the NC Department of State Treasurer is responsible for the efficient and prudent management of state held assets. The Division is comprised of four areas: Procurement and Contracting, Banking Operations, Bank Reconciliation Unit, and Accounting. Procurement & Contracting is the centralized function within DST that ensures compliance and consistency in purchasing and contracting. Banking Operations serves as the banking hub for all State departments, agencies, institutions, and universities. The Bank Reconciliation Unit is responsible for reconciling all of the State Treasurer’s bank accounts as well as reconciling budget code balances between the Office of State Controller and DST. Accounting manages the accounting and financial reporting for all funds that are deposited, invested and disbursed through the Department of State Treasurer including the $150 billion investment pool and banking programs. The Statewide Accounting Unit is responsible for Unclaimed Property Accounting, Debt Accounting, Budget, and State Health Plan Accounting and compliance with the EAGLE internal control program. The Pension and Investment Accounting Manager handles the accounting functions for the State Treasurer’s Banking and Investments programs, Retirement Trust funds, and the Supplemental Retirement Plans. The Budget Analyst I reports to the Statewide Accounting Manager and provides leadership, oversight, and support in the execution of the budget to agency head and/or division management.

Knowledge Skills and Abilities/Management Preferences

Qualified applicants must possess, and application must clearly reflect work experience that demonstrates the following:

• Experience or knowledge in the principles and practices of public administration and governmental budgeting and accounting.
• Experience or knowledge in fiscal and operational policy of state government.
• Experience or knowledge in the financial structure, accounting system, and financial procedures of the State of North Carolina.
• Experience in organizing and presenting clearly oral and written reports of findings and recommendations.
• Experience in establishing and maintaining effective working relationships with subordinate personnel, agency officials, legislators, and the general public.

Management preferences

• Demonstrated ability to Identify risks and adverse issues generated in budget and program activities, presents appropriate issues, and recommends solutions to management.
• Intermediate proficiency in Microsoft Excel.
• Demonstrated experience conducting financial or budget analysis, including evaluating expenditures, forecasting trends, and assessing fiscal impact.

Probability: The anticipated hiring rate for this position is up to $68,536.00, based on available funding and internal equity considerations.

Salary Range - $52,592.00-$92,036.00 Position is Non-exempt to FLSA Overtime. This position may be assigned additional job functions as needed. This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice based on business conditions or as required by the agency to fulfill its mission.

Minimum Education and Experience

The minimum Education and Experience is a bachelor’s degree from an accredited institution in business administration, public administration, accounting, or related field; or an equivalent combination of education and experience.

Important: This posting closes at 11:59:59 PM the night BEFORE the End Date above.

This position currently qualifies for a hybrid telework option with routine office and remote workdays. The NC Department of State Treasurer trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.

NC State Health Benefits

• Employees can participate in health insurance options, standard and supplemental retirement plans, and the NC Flex program (numerous high-quality, low-cost benefits on a pre-tax basis).
• Employees also receive paid vacation, sick, and community service leave.
• In addition, paid parental leave is available to eligible employees.

Visit the website for State Benefits Supplemental and Contact Information.

Equal Opportunity & Diversity

The North Carolina Department of State Treasurer (DST) is an Equal Opportunity Employer that embraces an Employment First philosophy, which consists of complying with all federal laws, state laws, and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job.

Employer: DST uses the Merit-Based Recruitment and Selection Plan to fill positions with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

Eligibility & Background Checks

Applicants will be subject to a criminal background check. Applicants will also be subject to a review of employment history, professional references, credit history, and educational verification (i.e., degree, license, or official transcript). The selected candidate will be required to pass the background check to the satisfaction of the North Carolina Department of State Treasurer. All offers of employment are conditional until the satisfactory completion of the background check.

Veterans’ and National Guard Preference: Applicants seeking Veteran’s Preference must attach a DD-214 Member-4 Form (Certificate of Release or Discharge from Active Duty) to their applications. Applicants seeking National Guard Preference must attach an NGB 23A (RPAS), along with the state application, if they are a current member of the NC National Guard in good standing. Applicants who are former members of either the NC Army National Guard or the NC Air National Guard, with honorable discharge and six years of creditable service, must attach a copy of the DD 256 or NGB 22, along with the state application.

ADA Accommodations

Consistent with the Americans with Disabilities Act (ADA) and the Pregnant Workers Fairness Act (PWFA), DHHS is committed to the full inclusion of all qualified individuals. As part of this commitment, DHHS will ensure that people with disabilities, or known limitations covered by the PWFA, are provided with reasonable accommodation. If reasonable accommodation is needed to participate in the job application or interview process, please contact the person indicated below.

Contact Information

If there are any questions about this posting, other than your application status, please email the NC Department of State Treasurer at [e-mail]. The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking.