Budget Analyst IV
Budget Analyst IV
JOB DESCRIPTION:
Responsible for preparing, monitoring, and reporting complex budget information. Prepares initial appropriation/rider setup for State Comptroller's Office. Monitors, reviews, and analyzes operating budgets and methods of finance to ensure budgeted amounts are aligned to appropriated amounts, funds have been appropriately allocated, and appropriate use of funds. Works closely with Cash Management staff on monitoring agency appropriation levels. Monitors, reviews, and analyzes expenditure patterns and trends to determine potential for reallocation, realignment, or adjustments to ensure compliance with general appropriations act. Prepares supporting documentation and Monthly Financial Reports (MFRs). Communicates potential issues to Budget Director and Chief Financial Officer. Prepares necessary transfer letter requests to the LBB and Governors office. Performs highly advanced (senior-level) fiscal analysis, projections and reporting as well as fiscal systems analyses, troubleshooting, and technical assistance to fiscal and program staff. Prepares base reconciliation for LAR and Operating Budget. Prepares/reviews cost estimates during legislative sessions. Works under minimal direction with extensive latitude for the use of initiative and independent judgment.
ESSENTIAL JOB FUNCTIONS:
Performs senior level work in budget planning/monitoring/reporting. Tracks and reports budget adjustments, revenues colections, and methods of finance with apppropriate legal citations. Monitors, controls, and reports status of appropriation levels. Produces monthly financial reports for the Legislative Budget Board (LBB). Produces high level funding summaries with high degree of accuracy. Runs/processes cost pool allocations for cost pool and FTE reporting. Prepares base reconciliation for LAR and Operating Budget. Participates and provides guidance on other LAR and Operating Budget assignments as needed. Prepares comptroller loads for appropriation setup and adjustments for State Comptroller's Office. Provides strong supporting documentation for reporting requirements. Heavy use of CAPPS, SIRS, USAS, Excel and Word for job requirements. (35%)
Acts as a subject matter expert on method of finance, revenue and appropriation reporting for both internal and external customer requests. Reviews appropriations and funding sources to formulate budget options as funding needs arise. Initiates and prepares letters requesting rider authority to the LBB and Governors Office. Participates in related meetings, trainings, and agency budget planning sessions. Shares knowledge with others through one on one discussions and/or training small audiences on selected topics. (20%)
Responds to adhoc questions regarding funding, appropriations and full time equivalents from internal and/or external customers. Assists with Budget Management Audits from internal/external sources. Prepares ad-hoc revenue/cash analyses. Assists with processing budget check errors in CAPPS, Expenditure Transfer Vouchers (ETVs), and other routine budget assignments on an as needed basis. Produces procedures and guidelines for job duties performed. (30%)
Prepares, reviews and analyzes cost estimates and fiscal notes for proposed legislation. Reviews fiscal impacts of proposed rules for adoption. Measures the impact of existing and proposed state and federal legislation on HHSC programs. Responds to budgetary inquiries from the legislature, Governor's Office, state and federal agencies, and the Legislative Budget Board. (15%)
KNOWLEDGE SKILLS AND ABILITIES:
- Knowledge of state budgetary procedures and processes
- Knowledge of legislative appropriations request and annual operating budget process
- Knowledge of cost allocation methodologies
- Skills in computer software including but not limited to Excel, Access, Word, CAPPS, SIRS, USAS and other governmental financial applications
- Skills in preparing cash flow analyses or revenue analyses
- Skills in preparing, monitoring and analyzing operating budgets
- Ability to prioritize assignments and meet work deadlines
- Ability to work independently with limited supervision
- Ability to communicate effectively verbally and in writing
- Ability to establish and maintain effective working relationships with co-workers, other agencies, and the public
- Ability to follow oral and written instructions
- Ability to prepare clear, concise and accurate financial reports and schedules
- Ability to assess, interpret, and communicate financial data.
- Ability to prepare financial information and produce briefing documents
INITIAL SCREENING CRITERIA:
Graduation from an accredited four-year college or university with course work in accounting, finance, economics, business administration or a closely related field is required. Experience in budget preparation/analysis and/or forecasting may be substituted for education on a year for year basis