Lead Budget Analyst V

Texas Department of Transportation; Austin (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

Texas Department of Transportation is seeking a senior-level budget analyst to lead complex budget development, forecasting, and financial reporting. You will prepare the agency's administrative operating budget, LAR, and fiscal notes, while coordinating with internal stakeholders.

Responsibilities include supervising staff, presenting budget plans to executives, monitoring revenues and expenditures, and advising on reallocations and policy impacts.

Qualifications

• Bachelor's degree in Finance, Accounting or Business; 5 years of budget analysis experience may substitute for degree.
• 5 years of experience in budget analysis or budget forecasting.
• Knowledge of budgeting, accounting principles, forecasting methods, and reporting.

Responsibilities

• Assists in or plans, coordinates, and helps prepare the agency’s administrative operating budget, LAR, fiscal notes, and other reports.
• Lead and manage staff workload, performance, and day-to-day activities.
• Serves as the budget liaison with internal stakeholders to field budgetary and fiscal inquiries.
• Supports preparation of key presentations and financial reports for executive administration.
• Performs complex budget and financial tasks.
• Analyzes trends, tracks and projects future expenditures and budgetary needs.
• Reviews requests for funds or reallocation; evaluates justification and answers inquiries.

Skills

Budget analysis

Forecasting

Excel

MS Office

Financial reporting

Education

Bachelor's Degree in Finance, Accounting or Business

Tools

MS Office

Excel

Budgeting software

Job description

Close Visual Acuity-work includes data/figures; view a computer screen; extensive reading

Performs highly advanced (senior-level) budget preparation and analysis work. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment. Employees at this level may be considered technical experts and may often provide strategic direction and oversight on the most complex budget analysis work. Assists in or plans, coordinates, and helps prepare the agency’s administrative operating budget, Legislative Appropriations Request (LAR), fiscal notes, and other financial (and legislative) reports. Provides financial oversight and support to various Departments and Districts. Develop budgets at various levels, including method of finance (MOF), object of expenses (OOE), and multi-year forecasts, often involving strategic planning for future growth. Monitors agency revenues, expenditures, encumbrances, and un-obligated balances to ensure that expenses are within fiscal constraints and implements corrective actions as necessary. Provides oversight of staff workload, performance, and day-to-day activity.

Essential Duties

• Assists in or plans, coordinates, and helps prepare the agency’s administrative operating budget, Legislative Appropriations Request (LAR), fiscal notes, and other financial (and legislative) reports.
• Lead and manage staff workload, performance, and day-to-day activities
• Serves as the budget liaison with internal stakeholders to field budgetary and fiscal related inquiries.
• Supports the preparation of key presentations and financial reports to communicate the budgetary plan and progress to executive-level administration.
• Performs complex budget and financial tasks.
• Analyzes trends, tracks, and projects future expenditures and budgetary needs.
• Reviews requests for additional funds or resource reallocation; evaluates justification, recommends actions and answer inquiries on budget/resource related matters.
• Research legal statutes and historical financial information.
• Performs other job responsibilities as assigned.

Minimum Qualifications

Education: Bachelor's Degree in Finance, Accounting or Business. Relevant work experience may be substituted for degree on a year per year basis.

Substitutions for Minimum Qualifications

Experience: 5 years of experience in budget analysis or budget forecasting. (Experience can be satisfied by full time or prorated part time equivalent).

Preferred Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, etc. highly preferred.

Competencies

• Knowledge of accounting, budgetary, and management principles, practices, and procedures; of forecasting methodologies; and of automated accounting, budgeting, and forecasting programs.
• Proficient in MS Office, with an advance working knowledge of Excel
• Ability to analyze fiscal management information, to determine appropriate use of funds, to perform statistical analyses, and to communicate effectively.
• Knowledge of legislative appropriation request and annual operating budget processes and of performance measurement and reporting.
• Ability to identify and develop budgetary reports and schedules, to analyze management problems and develop and present solutions
• Analyzing detailed accounting records, troubleshooting associated problems, and interpreting and applying applicable laws, policies, and procedures.
• Interacts with internal and external stakeholders in a friendly and professional manner, works to resolve inquiries quickly and effectively.
• Communicates effectively using prescribed formats, and adhering to all rules of spelling, grammar, punctuation, diction and style.
• Using a computer in a Windows environment with Microsoft Office word processing, spreadsheet, and other business software to analyze data and prepare correspondence and reports.
• Working effectively under pressure to meet strict deadlines while maintaining extreme attention to detail.

Physical Requirements and Working Conditions

• Sedentary work: Lift up to 10 lbs at a time and occasionally carry files/small tools
• Sitting - prolonged periods of time
• Repetitive Motion-substantial movements of the wrists, hands, and/or fingers
• Close Visual Acuity-work includes data/figures; view a computer screen; extensive reading

Conditions of Employment

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