Budget Analyst

Budget AnalystThe Department of Small Business Services (SBS) helps unlock economic potential and create economic security for all New Yorkers by connecting New Yorkers to good jobs, creating stronger businesses, and building a fairer economy in neighborhoods across the five boroughs. Division Description The Budget Division is responsible for providing fiscal guidance to all divisions of SBS. Our goal is to maximize the use of the agency's fiscal resources by providing accurate and timely information to staff and external oversight agencies to help them make fiscal decisions regarding their programs. The Budget team is responsible for monitoring, reporting, and facilitating the agency's budget. The team is responsible for working with program teams, oversight agencies, and other fiscal teams to ensure funding allocations are correctly applied to their intended use.Job Description: The Budget Unit seeks to hire a Budget Analyst to analyze and implement the agency's budget and revenue activities. This position will report to the Budget Director and requires some degree of independent judgement and decision-making. The Analyst's responsibilities include, but are not limited to:Work closely with members of the Budget Unit to ensure that all agency and division goals and policies are identified and met.Review and analyze the agency's expense and revenue budget and make recommendations for planning and corrective actions, with the goal of minimizing end of year surpluses and avoiding deficits.Conduct analyses on program efficiencies in the use of financial resources and make recommendations with the purpose of enhancing efficiency and increasing productivity.Work with budget staff, HR, Procurement and Accounts payable unit to track expenditures.Forecast expenditures and perform financial analysis as needed, including Monthly, Quarterly & year-end projections and projections for the coming out years.Implement all financial operations and transactions for both personnel and non-personnel activity, including the development and preparation of strategic budget and spending plans, compliance policies and procedures, etc.Manage financial records to support decision-making and the ability to produce records for review during internal and external audits.Process Financial Plan and Budget plan reconciliation & variance reports.Analyze and process Monthly Spending Plan, Monthly Variance and Monthly Headcount reports in FMS.Reconcile budget and headcount from various data systems; analyze budgetary and funding issues and make recommendations to executive management.Review all purchase requests (OTPS) for Program and Admin, apply to pertinent Budget.Process budget modifications for OTPS and PS as needed.Complete job responsibilities in a professional manner, resolving requests and providing assistance to staff in all levels of agency.Perform special projects and other duties as assignedTo Apply: All Applicants: Go to search for Job ID: #751093 Current SBS Employees: Please email your resume and cover letter including the following subject line: Budget Analyst and send to View email address on click.appcast.io Note: We appreciate the interest and thank all applicants who apply, but only those candidates under consideration will be contacted. If you are unable to apply via NYC Jobs, you can email your cover letter and resume to View email address on click.appcast.io with the following in the subject line: Budget Analyst If you do not have access to email, mail your cover letter & resume to:NYC Department of Small Business Services Human Resources Unit 1 Liberty Plaza, 11th Floor New York, New York 10006