Role : Budget Analyst

Client : State Of District Of Columbia(D.C)

Location : Washington, DC (Hybrid - once in every 2 weeks)

Job Description:

1. Budget Formulation and Presentation
-Tracks and monitors the execution of and reporting on assigned budgets. Validates the accuracy of budget requests, in conjunction with program needs. Independently, or in conjunction with other staff members, performs special analyses of specific budgetary programs and projects. Provides recommendations to the appropriate deciding official. Coordinates with program managers and other financial personnel to gain information sufficient to provide sustainable justifications for requests. Provides accurate budget projections; compares projections to year-end actions.
2. Budget Execution
-Collaborates with department and agency post-budget formulation to ensure that the budgets of assigned program operations are expended in a manner that achieves assigned program goals and meets the criteria established by the senior budget personnel. Provides first-level support and oversight on complex execution related matters within the assigned agency. Provides continuous oversight of the program's expenditure of approved funds. Prepares other budgetary-related documents ' including tables, reports, letters, and memoranda. Creates monthly status reports, identifies reprogramming necessary to sustain compliance with established procedures, and manages spending plans for apportionment controls.
3. Budget Advisory
-Assesses the impact of revised budget execution policy and timetables implemented by the Office of Budget and Planning (OBP) and senior budget personnel; provides data and guidance to program management concerning the status of funds and complex issues involving the budget process.
4. Performs other related duties as assigned.

1. Comprehensive knowledge of theory, policy, and regulatory restrictions concerning the budget and capital budget processes to provide sound budget estimates, projections, and submissions which are in compliance with regulatory requirements, guidelines, and financial objectives. Knowledge sufficient to identify and develop alternate funding methods and formulate budget estimates for programs in which objectives, work processes, staffing needs and funding requirements have changed to the extent that substantial reprogramming is required each fiscal year.
2. Detailed knowledge sufficient to utilize independently budgetary techniques, policies, procedures, regulations and laws governing appropriated, Intra-District, Federal, and other revenues. In depth knowledge of linear programming, decision/regression theory, cost-benefit ratio analysis, critical path method to identify, analyze, and resolve minor budgetary actions and coordinate with higher-level analysts in the development of budgetary projections.
3. Understanding of the organization's planning/programming budget process and its use throughout the program and budget cycle to develop multiyear budget requests, plans and timetables for assigned programs; detailed knowledge of financial systems used by the District and the OCFO.
4. Knowledge of financial and program management guidelines conforming to directives and policy statements disseminated by the CFO, OBP, the U.S. Department of Treasury and other agencies participating in programs with the organization.
5. Knowledge of the funding applications process (federal, non-federal, and contract) sufficient to review such applications and recommend revisions where necessary.
6. Verbal skills sufficient to formulate written or oral presentations that communicate clearly their importance and significance.

:
High School Diploma - Required
College Degree - Preferred

Job Type: Contract

Salary: $45.00 - $50.00 per hour

Schedule:

• 8 hour shift

Experience:

• Progressive budget analyst: 2 years (Preferred)
• Familiarity with Finanical Systems: 2 years (Preferred)
• Familiarity full budget cycle (Formulation, Execution): 2 years (Preferred)
• Microsoft Office Suite (Word, Outlook, Excel): 2 years (Preferred)
• High School Diploma: 2 years (Preferred)
• College Degree preferred: 1 year (Preferred)

Ability to Commute:

• Washington, DC 20001 (Preferred)

Work Location: In person