Budget Director

For more Job Requirements & Classification Description:

The New Mexico Department of Transportation (NMDOT) Revenue and Budget Bureau plays a vital role in supporting the Departments mission to provide a safe, efficient transportation system that promotes economic development and protects New Mexico's unique environment. The Revenue and Budget Bureau is responsible for projecting State Road Fund and restricted fund revenues, preparing the Departments annual budget request, submitting the operating budget, managing the annual rollover process, monitoring available budget across all programs, and developing payroll projections to ensure resources are aligned with operational needs. The Bureau ensures all funds are utilized in accordance with authorized appropriations and provides essential financial oversight and guidance to every division and bureau within NMDOT. This includes managing NMDOT's $1.3 billion annual operating budget, which spans four major programs: Project Design and Construction ($820 million), Highway Operations ($323 million), Business Support ($57 million), and MODAL ($109 million).

As a valued new employee to NMDOT, you may be eligible to receive three (3) days of Administrative Leave upon your start date. This is applicable to external hires not within the State of New Mexico Government.

Interviews are anticipated to be conducted within two weeks of closing date.

Why does the job exist?

This position exists to provide executive level leadership and oversight for all budgeting and revenue functions within NMDOT, ensuring the effective planning, management, and monitoring of the Department's $1.3 billion operating budget. The Revenue and Budget Director oversees two direct reports and six indirect reports, ensuring the accuracy, integrity, and compliance of all budget data, reconciliations, and financial reporting across multiple funding sources. The position provides technical guidance to internal stakeholders, ensures efficient and compliant allocation of financial resources, and upholds rigorous fiscal stewardship standards. In addition, this role provides critical continuity and operational support to the Administrative Services Director, ensuring stable and effective budget operations that enable NMDOT to fulfill its mission of delivering safe and reliable transportation services statewide.

How does it get done?

The primary responsibilities of this position will include:

• Providing comprehensive leadership and operational oversight for all budgeting, revenue forecasting, and financial management activities within NMDOT.
• Directing the development, review, and submission of the Department¿s annual operating budget, appropriation requests, revenue estimates, and financial plans.
• Overseeing the preparation and accuracy of Budget Adjustment Requests (BARs), Realignment of Budgets (ROBs), and other agency wide financial actions, ensuring compliance with state and federal requirements.
• Provides guidance on complex budget issues, ensuring consistent application of budget policies, and resolving variances identified during ongoing monitoring of revenues, expenditures, and projections.
• Manages department wide payroll projection processes, ensuring staffing plans align with available funding and operational needs.
• Reviewing and approving monthly budget status reports, coordinating the annual rollover process, ensuring proper oversight of available budget across all programs, and providing strategic financial analysis and recommendations to executive leadership.
• Working closely with all NMDOT divisions and program managers to ensure proper stewardship of funds, provides technical interpretation of budget regulations, develops internal budget procedures, and ensures timely and accurate financial reporting.
• Provides critical operational support to the Administrative Services Director, ensuring efficient, compliant, and transparent budget operations across the Department.

Who are the customers?

State Transportation Commission Board, Executive Management and internal stakeholders.

Ideal Candidate

The ideal candidate will have preferred education and/or experience in the following:

• Expert experience with Microsoft Office: Word, Outlook Excel and PowerPoint.
• Detailed analysis and problem-solving skills.
• Excellent customer service skills.
• Knowledge of Budget process.
• Knowledge of the Statewide Financial System (SHARE) (Oracle PeopleSoft).
• Experience with multiple funding sources.

Bachelor's Degree in Business Administration, Accounting, Finance, or Auditing and three (3) years of experience in Accounting, Business Administration, Public Administration, Finance, or Auditing; to include one (1) year of managerial or supervisory experience. Any combination of education from an accredited college or university in a related field and/or direct experience in this occupation totaling seven (7) years may substitute for the required education and experience. A hiring agency may designate a portion of the required experience to include federal grant and/or special revenue experience to be identified at the time of recruitment.

Employment Requirements

Must possess and maintain a valid Driver's License. Must possess and maintain a current Defensive Driving Course certificate from the State of New Mexico or must pass and receive a Defensive Driving Course certificate as a condition of continued employment.

Working Conditions

Work is performed in an office setting with exposure to Visual/Video Display Terminal (VDT) and extensive personal computer and phone usage. Some sitting, standing, bending and reaching may be required. Direct client interaction and some travel may be required. Ability to lift 25 lbs.

Bargaining Unit Position

This position is not covered by a collective bargaining agreement.