Budget Analyst 1/2/3

State of Louisiana; Baton Rouge (LA); On-site; USD 48,000 - 75,000; Full time

Job summary

The Louisiana Department of Insurance is seeking a Budget Analyst 1/2/3 to join the Office of Management & Finance/Budget Division. This role supports the development, monitoring, and administration of the agency's budget, handling financial data, reports, projections, and expenditure monitoring throughout the fiscal year.

Ideal candidates are detail-oriented, analytical, and proficient with numbers. Experience substitutions and state civil service requirements apply.

Qualifications

• Three years of experience in budget development or analysis, accounting, auditing, policy planning, procurement, contracts or grants management, project management, statistical analysis, or financial services.
• Six years of full-time work experience in any field.
• A bachelor’s degree.

Responsibilities

• Assist with the preparation, monitoring, and administration of the agency's annual budget.
• Compile and analyze financial information, including budgets, expenditures, revenues, funding requests, and projections.
• Monitor and project revenues and expenditures to identify spending trends and funding needs.
• Prepare and maintain spreadsheets, budget reports, financial projections, and other supporting documentation.
• Review financial reports and transactions in LaGov ERP and other reporting systems to help track agency spending and available funding.
• Assist with preparing budget requests, adjustments, and other documents required throughout the state budget process.
• Help identify funding needs and prepare budget adjustments or transfers when necessary.
• Prepare reports and financial information for agency management and other state entities.
• Review purchase requests to verify funding availability and appropriate use of budgeted funds.
• Assist with preparing fiscal information and expenditure projections related to proposed legislation.
• Work with Budget Division staff, program managers, and other agency employees to provide budget information and support.
• Assist with special projects and other budget-related duties as assigned.

Skills

Budgeting

Financial analysis

Data analysis

Critical thinking

Attention to detail

Education

Bachelor's degree

Tools

LaGov ERP

Excel

Job description

The mission of the Department of Insurance is to enforce the insurance laws and regulations of the state impartially, honestly and expeditiously.

The Louisiana Department of Insurance is seeking a Budget Analyst 1/2/3 to join the Office of Management & Finance/Budget Division. This division supports the development, monitoring, and administration of the agency's budget. In this role, you will work with financial data, prepare reports and projections, monitor expenditures, and support budget activities throughout the fiscal year. If you are detail-oriented, analytical, and enjoy working with numbers and financial information, we encourage you to apply!

Core Competencies:

• Making Accurate Judgments: The ability to assess options, weigh risks, and make sound decisions using available information and logical reasoning.
• Managing Budgets: The ability to plan, monitor, and adjust budgets to meet goals, ensure compliance, and promote financial transparency.
• Thinking Critically: The ability to analyze information objectively, identify connections across sources, and form logical, well-supported conclusions.
• Using Data: The ability to collect, analyze, and use data to generate insights and inform decisions.

Preferred Competencies:

• Communicating Effectively: The ability to convey information, ideas, and emotions using structured communication methods that promote understanding and engagement.
• Demonstrating Accountability: The ability to take ownership of actions, behaviors, performance, decisions, and outcomes.
• Managing Time: The ability to prioritize tasks, meet deadlines, and allocate time to ensure timely completion of work goals.
• Solving Problems: The ability to identify root causes, analyze relevant data, and apply practical or innovative solutions to challenges.

• Three years of experience in budget development or analysis, accounting, auditing, policy planning, procurement, contracts or grants management, project management, statistical analysis, or financial services; OR
• Six years of full-time work experience in any field; OR
• A bachelor’s degree.

EXPERIENCE SUBSTITUTION:

Every 30 semester hours earned from an accredited college or university will be credited as one year of experience towards the six years of full-time work experience in any field. The maximum substitution allowed is 120 semester hours which substitutes for a maximum of four years of experience.

The official job specifications for this role, as defined by the State Civil Service, can be found here.

Job Duties:

As a Budget Analyst 1/2/3 in the Office of Management & Finance/Budget Division, you will/may:

• Assist with the preparation, monitoring, and administration of the agency's annual budget.
• Compile and analyze financial information, including budgets, expenditures, revenues, funding requests, and projections.
• Monitor and project revenues and expenditures to identify spending trends and funding needs.
• Prepare and maintain spreadsheets, budget reports, financial projections, and other supporting documentation.
• Review financial reports and transactions in LaGov ERP and other reporting systems to help track agency spending and available funding.
• Assist with preparing budget requests, adjustments, and other documents required throughout the state budget process.
• Help identify funding needs and prepare budget adjustments or transfers when necessary.
• Prepare reports and financial information for agency management and other state entities.
• Review purchase requests to verify funding availability and appropriate use of budgeted funds.
• Assist with preparing fiscal information and expenditure projections related to proposed legislation.
• Work with Budget Division staff, program managers, and other agency employees to provide budget information and support.
• Assist with special projects and other budget-related duties as assigned.

Position-Specific Details:

Division/Location: Office of Management & Finance/Budget Division

Appointment Type: Probational or Promotional

Career Progression: This position may be filled as a Budget Analyst 1, 2, or 3, depending on the qualifications of the selected candidate.

Compensation: The salary will be determined based on qualifications and experience within the established pay range.

Louisiana is a State As a Model Employer (SAME) that supports the recruitment, hiring, and retention of individuals with disabilities.