Note: The job is a remote job and is open to candidates in USA. The Colorado Department of Revenue is a state government agency focused on helping Coloradans navigate government services and empowering businesses and individuals through quality service and innovation. The Budget Analyst II will organize, analyze, forecast, and report financial data while monitoring budgets, reconciling expenditures and revenues, developing financial models, and ensuring compliance with fiscal rules and policies.
Responsibilities
- Develop, analyze, and monitor personal services, operating, and program-specific expenditure budgets for assigned divisions to ensure fiscal health
- Regularly pull financial data from the CORE system to balance year-to-date actual expenditures and revenues against divisional reports
- Reconcile payroll reports to track the status of staffing plans, vacancy rates, and year-to-date growth or slippage
- Gather internal and external data to create three- to five-year forecasts for revenues, fees, and cash fund balances
- Collaborate with division leadership to create annual budget planning documents and financial models that align with strategic goals
- Compare actual financial results against forecasts to identify, investigate, and explain significant variances
- Assist in the production and validation of budget change requests, including decision items, supplemental requests, and budget amendments
- Update and maintain complex financial models to project monthly, quarterly, and annual costs based on historical trends
- Work with various business units to provide timely budget approval for invoices and requisitions while ensuring compliance with fiscal rules
- Conduct rapid-response, non-standard financial analysis to answer unanticipated business questions from division directors or the Budget Manager
Skills
- This posting is only open to residents of the State of Colorado at the time of submitting your application
- Six (6) years of relevant experience in an budget analysis, budget development and implementation, and/or policy development and implementation
- A combination of related education and/or relevant experience in Public or Business Administration, Political Science and Government, Finance, Accounting, Economics, Statistics or other as determined by the department equal to six (6) yearsin an occupation related to the work assigned
- Current, valid licensure as a CPA by the Colorado Board of Accountancy will substitute for the degree requirement and two (2) years of the required experience
- Mastery of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) pronouncements
- Prior experience navigating state government budget cycles, including the development of decision items, supplemental requests, and budget amendments
- Proficiency with Excel and Google Sheets
- Experience with financial analysis
- State experience using CORE
- Experience with financial projections, variance analysis and modeling
- Experience preparing financial information for stakeholders
- Experience in administering relational or multidimensional financial databases
- Experience in government and familiarity with compliance, policy, strategy and government finance regulations
- Experience analyzing legislation for fiscal impacts
- Demonstrated analytical and written communication skills
- Attention to detail and concise presentation of financial information
- Knowledge of Google Suite tools: Google Sheets, Google Docs, Gmail
Benefits
- For permanent employees: PERA retirement benefits including PERA Defined Benefit Plan, PERA Defined Contribution Plan, plus 401K and 457 plans
- For permanent employees: Medical, Dental, and Vision insurance coverage
- For permanent employees: Automatic Short-Term and Optional Long-Term Disability Coverage
- For permanent employees: Life and AD&D Insurance
- For permanent employees: Flexible Spending Accounts (FSAs)
- For permanent employees: Family Medical Leave Act (FMLA) job protection and State of Colorado Paid Family Medical Leave (PFML)
- For permanent employees: 11 Paid Holidays Annually and Accrued Annual and Sick Leave
- For permanent employees: Variety of discounts on services and products available through the State of Colorado's Work-Life Employment Discount Program
- This position is designated as a remote work position. This indicates the selected employee will work outside of a traditional State facility, but may be required to perform work on site occasionally as determined by the supervisor of the position.
Company Overview