Budget Analyst

Job Purpose Madison Gas and Electric is seeking an experienced, detail-oriented Budget Analyst to support budgeting, financial planning, forecasting, regulatory filings, and performance analysis across the organization. In this role, you will partner with business leaders to analyze financial data, provide meaningful insights, and help guide responsible resource allocation that supports operational excellence and long-term business objectives. Core Responsibilities Note: This list is not all-inclusive. Develop, maintain, and analyze operating and capital budgets to support organizational planning and financial performance. Prepare budget forecasts, financial models, variance analyses, and reporting packages for leadership review. Monitor budget performance and identify trends, risks, opportunities, and areas requiring corrective action. Analyze financial and operational data to support recommendations related to resource allocation, spending priorities, and financial efficiency. Collaborate with department leaders and stakeholders to gather budget assumptions, validate financial information, and support budget development activities. Prepare recurring and ad hoc financial reports, dashboards, and presentations that communicate budget performance and business insights. Support long-range financial planning, forecasting, and scenario analysis activities. Identify opportunities to improve budgeting processes, reporting accuracy, workflow efficiency, and financial controls. Ensure compliance with organizational financial policies, procedures, and reporting requirements. Support special projects, business cases, and financial analyses that assist decision-making and strategic initiatives. Behavioral Competencies Business Acumen – Uses business context to make informed recommendations and decisions. Decision Quality – Uses sound judgment and information to make effective decisions. Stakeholder Management – Manages stakeholder expectations, priorities, and relationships effectively. Process Improvement – Improves processes, workflows, quality, service, or efficiency. Accountability – Takes ownership for commitments, actions, and results. Skills Budget Planning and Management – Develops, maintains, and monitors operating and capital budgets to support business objectives and financial stewardship. (Advanced) Financial Analysis – Analyzes financial information, trends, and performance indicators to support recommendations and decision-making. (Advanced) Forecasting – Develops financial forecasts and scenario analyses to support planning and resource allocation decisions. (Advanced) Data Analysis – Uses quantitative and qualitative data to identify trends, insights, and opportunities for improvement. (Advanced) Financial Reporting – Prepares accurate, timely, and meaningful financial reports for stakeholders and leadership. (Advanced) Variance Analysis – Evaluates differences between actual and planned results and recommends corrective actions. (Advanced) Business Acumen – Applies knowledge of organizational, operational, and financial drivers to support business outcomes. (Intermediate) Process Improvement – Identifies and implements opportunities to improve financial processes, reporting efficiency, and data quality. (Intermediate) Stakeholder Management – Builds productive relationships and collaborates effectively with business partners and stakeholders. (Intermediate) Education Bachelor’s degree in Finance, Accounting, Business Administration, or a related field required. Experience 3+ years of experience in budgeting, financial planning and analysis (FP&A), accounting, financial reporting, or a related finance discipline. Experience developing budgets, forecasts, financial models, and management reporting. Experience analyzing financial and operational data and communicating findings to business stakeholders. Experience with financial systems, budgeting tools, spreadsheet applications, and reporting platforms preferred. Work Location This hybrid role is based at our Madison, WI headquarters and will require a mix of office and field work. While three days onsite is the minimum, team collaboration and business needs may require additional in-office presence. Pre-employment will require satisfactory completion of a background check and drug screen. We are an AA/EOE employer and consider all qualified candidates without regard to protected status. #J-18808-Ljbffr Socket