Principal Budget Analyst

About the role

The Principal Budget Analyst is a professional level classification in the City of Folsom's Finance Department. This position is confidential, unrepresented, and exempt, working Monday through Friday from 8:00 AM to 5:00 PM.

Responsibilities

• Cookbook: Coordinate and manage the development of the City's financial plan, including capital and operating budgets and financial strategies.
• Cookbook: Lead and participate in complex financial analyses of proposed policy changes.
• Cookbook: Serve as a liaison between departmental management teams.
• Cookbook: Provide information and analytical support involving major projects.
• Cookbook: Monitor assigned departments to ensure that budget priorities are properly executed.
• Cookbook: Evaluate existing and proposed financial strategies, policies, plans, procedures, programs and functions of assigned departments and budget units.
• Cookbook: Consult with and advise department and budget unit staff.
• Cookbook: Make recommendations.
• Cookbook: Conduct detailed research and analysis of economic and legal conditions in the public and private sector to forecast long-term fiscal impact of decisions made by the city about programs and functions of City departments.
• Cookbook: Analyze budgetary and statistical data and make recommendations.
• Cookbook: Provide financial information, analysis and recommendations for complex labor proposals.
• Cookbook: Analyze City contracts for financial impact, ensuring alignment with the City's Operating and Capital Improvement budgets and compliance with established budgetary limitations.
• Cookbook: Review purchase requisitions to confirm that expenditures remain within approved departmental budgetary constraints.
• Cookbook: Conduct public presentations to the Mayor and City Council, other governmental bodies, community groups, and other public gatherings regarding complex and controversial policy, fiscal, and administrative issues.
• Cookbook: Coordinate, review and evaluate budget segments prepared by operating department and divisions.
• Cookbook: Initiate policy recommendations for functional and organizational changes in departments and budget units to achieve annual budget goals in areas of cost-effectiveness and levels of service of those departments.
• Cookbook: Develop recommendations for, and coordinate budget preparation activities with other staff to prepare the final budget for presentation to the City Council.
• Cookbook: Review existing and proposed local, state and federal legislation for impact on the City, consult with affected departments, makes recommendations on action to be taken, and writes proposed changes.
• Cookbook: Provide customer service by responding to information requests, conduct budget analysis, review, research, and providing solutions to problems and correcting errors.
• Cookbook: Review City Council staff reports to evaluate financial impacts and assess implications on the City's Operating and Capital Improvement budgets.
• Cookbook: Represent the office and frequently take the lead role on committees and task forces for the development, scheduling, implementation and monitoring of programs, which have Citywide impact and required coordination between departments and divisions.
• Cookbook: Represent the City in multi-jurisdiction committees, task forces, or work groups, and frequently taking the lead role in organizing, conducting, and implementing the effort.
• Cookbook: Perform other related duties as assigned.

Qualifications

• Minimum Qualifications: Bachelor’s Degree in Business, Finance, Accounting, or related financial area from an accredited college or university.
• Experience: Five (5) years of increasingly responsible professional-level budget, accounting, or financial administrative and analytical experience, experience in forecasting, strategic planning, and policy analysis or financial analysis. Municipal experience is required.
• Desirable Qualifications: Master's degree in Public or Business Administration or Accounting is desirable.

Benefits

The City of Folsom offers a wide range of employee benefits. Click here for a summary of benefits for our Unrepresented Exempt employees.

Employment Standards

• Knowledge: Principles and practices of municipal governmental accounting and budgeting; sources of revenue and revenue forecasting, business administration, public administration, public finance, management, and team building.
• Knowledge: Federal, state, and local laws and regulations governing City finance administration.
• Knowledge: Principles, methods, and practices of municipal finance, budget development, economics, financial analysis, cost benefit-benefit analysis, and statistical methods and research.
• Knowledge: Principles and practices of long-range financial planning and methods.
• Knowledge: Principles and practices of technical report writing and technical report presentation.
• Knowledge: Principles and practices of public speaking.
• Knowledge: Principles and practices of supervision, training, discipline, and performance evaluation.
• Ability: Independently research, analyze and make effective recommendations on administrative, management, organizational, budgetary and fiscal practices, procedures and problems.
• Ability: Collect, evaluate, and interpret varied information and data, either in statistical or narrative form.
• Ability: Prepare and deliver city-wide operating and capital improvement budget, as well as quarterly and year-end reporting.
• Ability: Work effectively with sensitive and confidential information in a political environment.
• Ability: Prepare and write comprehensive, accurate and complex reports in a logical, comprehensive, concise manner, and make recommendations.
• Ability: Communicate effectively orally and in writing using all communication methods.
• Ability: Coordinate multiple projects and meet critical deadlines.
• Ability: Develop and direct professional, technical, or support staff in following procedures and instructions for conducting studies and preparing reports.
• Ability: Prioritize workload efficiently, without direct instruction, to meet deadlines under changing conditions.
• Ability: Analyze a variety of complex administrative, statistical and organizational problems and make sound policy and procedural recommendations.
• Ability: Interpret and apply laws, regulations, and policies.
• Ability: Acquire subject matter expertise in specific functions, programs and special projects, including the laws, rules regulations, and procedures and technical operations.
• Ability: Establish and maintain effective working relationships with those contacted in the course of work.
• Ability: Supervise, train, discipline, and evaluate subordinates.

Physical Requirements

• Mobility: frequent use of keyboard; frequent sitting for long periods of time; occasional bending or squatting.
• Lifting: frequently up to 10 pounds; occasionally up to 25 pounds.
• Vision: constant use of overall vision; frequent reading and close-up work; occasional color and depth vision.
• Dexterity: frequent repetitive motion; frequent writing; frequent grasping, holding, and reaching.
• Hearing/Talking: frequent hearing and talking, in person and on the phone.
• Emotional/Psychological: frequent decision-making and concentration; frequent public and/or coworker contact; occasional working alone.
• Environmental: frequent exposure to noise.

Salary Range

The salary range for this position is (X95) $124,057.66 - $157,152.53 annually with the City typically hiring at step 1.

Background Check

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Familial Relationships

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