Budget Director

Empire State Development; New York (NY); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Comprehensive Benefits Package

Job summary

Empire State Development seeks a finance professional to manage all budget functions, including annual operating and subsidiary budgets, forecasting, and variance analysis. The role requires in-office presence with potential hybrid schedules in line with ESD policy.

You will oversee two staff, coordinate with department heads, and ensure alignment of accrual budgets to cash flow, while preparing reports for executive decision-makers. A bachelor’s degree and 3+ years in finance are essential.

Qualifications

• Education: bachelor’s degree.
• 3+ years’ experience in a finance environment with budget responsibilities.
• Supervisory experience required.
• Proficiency in Microsoft Office; Excel and PowerPoint; detail oriented with strong organizational skills.

Responsibilities

• Oversee annual operating and capital budget planning, monitoring, and quarterly variance analysis for corporate departments and subsidiaries, including evaluation of expense requests and presenting findings to the CFO.
• Forecast revenue, surpluses, and expenses; identify risks and inefficiencies across departments and projects.
• Prepare quarterly and cumulative expense reports to monitor spending relative to budget; investigate changes or discrepancies and present analyses to management.
• Lead strategic oversight and collaboration with department heads of corporate and subsidiary budget operations including headcount and program initiatives.
• Evaluate the efficacy of annual revenue streams and one-shot revenue infusions.
• Tie accrual budget to cash flow by mapping revenue and expense targets into liquidity projections.
• Analyze financial data to develop reports, dashboards, and recommendations to support executive decision-making.
• Lead and supervise a team of two staff, including hiring, training, performance evaluations, and workload management.

Skills

Budgeting

Financial analysis

Team leadership

Microsoft Office

Education

Bachelor's degree

Tools

Excel

PowerPoint

Dynamics

PeopleSoft

Job description

Description

Duties Description

• This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy.
• Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require an accommodation.

Basic Function

Responsible for all aspects of the ESD’s budget functions, including the formulation and preparation of the corporate and subsidiaries annual operating budgets, monitoring and forecasting revenues and expenditures, identifying causes for budget variances.

Work Performed

• Oversee annual operating and capital budget planning, monitoring, and quarterly variance analysis for corporate departments and subsidiaries, including the evaluation of expense requests, develop recommendations and present issues and analytical findings to the CFO.
• Analyze historical results and forecast future performance, including projecting revenue/surpluses and expense/deficits, identifying potential risks and inefficiencies across departments and/or projects.
• Prepare quarterly and cumulative expense reports to monitor spending relative to budget; investigate changes or discrepancies, analyze data to understand causes, and present analyses to management.
• Lead strategic oversight and collaboration with department heads of corporate and subsidiary budget operations including headcount and program initiatives.
• Evaluate the efficacy of annual revenue streams and one-shot revenue infusions.
• Tie accrual budget to cash flow by mapping revenue and expense targets into liquidity projections.
• Analyze financial data to develop reports, dashboards, and recommendations to support executive decision-making.
• Lead and supervise a team of two staff, including hiring, training, performance evaluations, and workload management.

Qualifications

Minimum Qualifications

• Education level required: (education required for this position) bachelor’s degree.
• Experience Required: 3+ years’ experience in a finance environment, including budget responsibilities. Supervisory experience required.
• Knowledge Required: Proficiency in all Microsoft Office applications including Excel, PowerPoint and Dynamics. Detail oriented with strong organizational skills to manage multiple projects; Excellent written and oral communication skills; Comfortable communicating with all levels of management; PeopleSoft experience a plus.

Additional Comments

• Salary range as specified.
• Comprehensive Benefits Package.