Budget Analyst II/III

Budget Analyst II: Performs moderately complex (journey-level) budget preparation and analysis work. Works under general supervision, with limited latitude for the use of initiative and
independent judgment. Review financial and operating budget reports for accuracy and to identify opportunities for more efficient use of funds. Prepare and review operating budgets to
ensure appropriate fund allocation. Prepare budget reports providing management with expenditure data, trends, and recommendations. Prepare legislative appropriations requests, fiscal
notes, analyses of legislation, and agency budget instructions. Advise staff on areas in which action may be required to stay within budget.
 

Budget Analyst III: Performs highly complex (senior-level) budget preparation and analysis work. Works under limited supervision, with considerable latitude for the use of initiative and
independent judgment. Develop budgeting process, policies, and procedures. Provide guidance on financial planning and management, improving management accountability, and
strategies to efficiently achieve program objectives. Research and develop budget formulas for appropriations requests. Prepare legislative appropriations requests, fiscal notes, analyses of
legislation, and agency budget instructions.

Essential Duties:

• Attends work on a regular and predictable schedule in accordance with agency leave policy and performs other duties as assigned.
• Participates in the preparation of budgetary adjustments and reporting, including but not limited to the monthly financial report, program and divisional monitoring reports, and other adhoc
  reporting.
• Interprets/clarifies financial and budget policies and procedures to agency staff.
• Examines operating budgets to determine whether funds have been appropriately allocated by providing advice and assistance on financial planning and management
• Receives, evaluates, and processes budget adjustments when there is a need to revise allocations.
• Analyze agency expenditures and program trends to prepares legislative appropriations requests, fiscal notes, requests for federal funding, and agency budget instructions.
• Prepares budgets to provide management with expenditure data, trends, and recommendations.
• Participates with the development and loading of monthly budget projections, in accordance with established guidelines.
• Prepares ad hoc reports requested by management, program and budget staff.
• Monitors, reviews, and analyzes operating budgets to ensure budgeted amounts are aligned to appropriated amounts, funds have been appropriately allocated, and the use of funds is
  appropriate.
• Reviews financial and operating budget reports for accuracy and identifies areas in which more appropriate use of funds can be made.
• Provides ongoing budget management to ensure financial resources are allocated in the most efficient manner to best support services and expenditures are maintained within approved
  levels.
• Assists in the analysis of expenditure patterns and cost drivers, and in making recommendations on the use of funds.
• Performs budget liaison functions with designated agency programs and leadership staff.
• Performs related work as assigned.

Minimum Qualifications:

Education: 

Bachelor's Degree in Finance, Accounting, Business or related discipline. Relevant work experience may be substituted for degree on a year per year basis. Substitutions for Minimum Qualifications

Experience: 

Budget Analyst II - 1 year of experience in budget analysis, budget forecasting or related experience. (Experience can be satisfied by full time or prorated part time equivalent).  Related graduate level education may be substituted for experience on a year per year basis.

Budget Analyst III - 2 years of experience in budget analysis, budget forecasting or related experience. (Experience can be satisfied by full time or prorated part time equivalent).  Related graduate level education may be substituted for experience on a year per year basis

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.
• Knowledge of the Microsoft Excel, Word, Access, PeopleSoft, CAPPS HR, USAS and/or other financial software.
• Skill in analyzing financial data.
• Skill in written and oral communications.
• Ability to analyze fiscal management information, to determine appropriate use of funds, to perform statistical analyses, and to communicate effectively.
• Ability to identify and develop budgetary reports and schedules, to analyze financial data and develop and present recommendations.
• Ability to work independently with limited supervision
• Ability to prioritize assignments and meet work deadlines.
• Ability to identify problems, evaluate alternatives, and implement effective solutions.
• Ability to prepare clear, concise and accurate financial reports and schedules.

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:

Please read the Standard Conditions of Employment (TxDOT) for all positions.