Budget Advisor - Revenue
$108k - $134.02kState of Washington
Budget Analyst
Note: This position will remain open until filled. It is at the hiring manager's discretion to make a hiring decision at any time and close the recruitment. Hybrid: Our physical office is in Olympia, WA. We offer flexible work schedules and locations. This is a hybrid position where most of the work allows teleworking. However, you must reside in the state of Washington and travel to in-person activities, meetings, and events as needed for business purposes. The starting salary offer will be determined based on the successful candidates' qualifications, within the $108,000- $134,016 annual range. There is career salary growth beyond this starting range for the successful candidate. The Office of Financial Management (OFM) serves as the backbone of Washington state government. Our mission is to make our state a better place by connecting people, budgets, policies, data, and systems for state agencies and the Legislature. Our team includes budget advisors, researchers, and other experts, all dedicated public servants working towards an equitable future for every Washingtonian. If you want to play a key role in enhancing how state government serves its citizens, you've found the right place. Join us in making a meaningful difference for every Washingtonian!
The job opportunity We are seeking a Budget Analyst to play a key role in shaping Washington State's operating, transportation, and capital budgets. This is an opportunity to do meaningful, high-impact work that directly influences how state resources are planned, prioritized, and delivered. In this role, you'll analyze agency budget requests, develop thoughtful recommendations, and help build the Governor's proposed budget. Your work will be presented to the OFM Director, the Governor, executive leadership, state agencies, stakeholders, and the Legislature—making you a trusted voice in statewide financial decision-making. You'll serve as a subject matter expert in your assigned portfolio areas, bringing strong analysis and sound judgment to complex funding decisions. Beyond developing budget proposals aligned with the Governor's priorities, you'll also monitor agency programs to ensure they are operating as intended—efficiently, effectively, and in service of their goals. This role is highly collaborative. You'll work closely with legislative and executive partners, Governor's policy staff, agencies, and external stakeholders to ensure alignment and transparency across the budget process. If you're someone who enjoys digging into complex issues, thinking strategically, and seeing your work shape real outcomes across the state, this is a role where your expertise will truly matter.
What you'll work on
- Act as a subject matter expert on balance sheets, general state revenues, fund balancing, and the revenue allotment review process.
- Develop and implement models related to revenue, expenditures, and other data.
- Perform independent research and analysis of policies and proposals, including expected outcomes, state and local costs, implementation strategies, and stakeholder positions.
- Analyze legislative bills and budget proposals and communicate impacts to decision makers and senior-level staff.
- Assist with the preparation of analysis and recommend gubernatorial action on enrolled bills.
- Coordinate with the Office of the State Treasurer, legislative counterparts, and OFM revenue and bond analysts on complex calculations of general state revenue and extraordinary general state revenue for each revenue forecast.
- Coordinate with the State Treasurer and the Economic and Revenue Forecast Council on the annual 1% transfer of general state revenue to the Budget Stabilization Account.
- Complete OFM's portion of the Official Near General Fund Revenue Forecast for the Economic and Revenue Forecast Council four times per year.
- Update the official state balance sheet prior to each Official Revenue Forecast and coordinate with legislative fiscal staff for agreement.
- Coordinate with Statewide Accounting on the final Agency Financial Reporting System (AFRS) fiscal year closing and the annual Comprehensive Financial Reporting (ACFR).
- Act as a subject matter expert for OFM in matters related to tobacco payments, including coordination with the Office of the Attorney General and the Office of the State Treasurer.
- Lead and assist all OFM budget analysts with fund balancing responsibilities during budget development. This includes training, maintaining the account assignment list, coordinating with OFM IT on fund balance and fiscal reports submitted to the Legislature, and general fund balance system maintenance.
- Lead the revenue allotment review process for OFM, including coordination with other budget advisors.
- Evaluate patterns and trends in data and identify other factors affecting budget drivers.
- Monitor and support state agencies in budget development, budget implementation, program performance, and other fiscal matters.
- Represent OFM on internal and external workgroups or other group assignments related to the balance sheet and fund balances, and participate in study committees and work groups as needed.
Required Qualifications:
- Demonstrated knowledge of state budget processes, fiscal policy, and financial management principles.
- Demonstrated skill in preparing clear, concise written materials, presentations, and other documentation that convey complex information to diverse audiences.
- Demonstrated ability to evaluate program performance data, identify trends, and provide actionable recommendations for resource allocation and efficiency improvements.
- Demonstrated commitment to equity, diversity, and inclusion, including the ability to engage respectfully with diverse communities and incorporate equity considerations into budget analysis and recommendations.
- Ability to perform complex fiscal analyses, including forecasting revenues and maintaining complex spreadsheet-based models.
- Proficiency in developing models and tools to analyze fiscal impacts and policy options.
- Ability to understand and learn how to work within, maintain, and assist others to effectively use existing systems to balance state accounts.
- Ability to interpret, analyze, and communicate legislative proposals, fiscal notes, and policy impacts to executive leadership, legislators, and external stakeholders.
- Ability to collaborate effectively with internal teams, state agencies, legislative counterparts, legal counsel, and other stakeholders on sensitive and complex fiscal issues.
- Ability to manage multiple priorities, deadlines, and competing demands in a fast-paced, high-stakes environment.
- Ability to exercise sound judgment, maintain confidentiality, and handle politically sensitive issues with professionalism.
- Ability to take action to learn and grow.
- Ability to take action to meet the needs of others.
Desired Qualifications:
- Bachelor's or master's degree in finance, economics, public administration, political science, or a similar field.
- Experience working on budgets, government policy, balance sheets, and with revenue issues.
- Strong research, analytical, and communication skills.
We are committed to finding the candidate whose skills and experience align best with this role. We recognize that strong candidates may come from a variety of professional backgrounds and experiences. If your qualifications align with the role and you excel in collaborative environments, can manage competing priorities, and are committed to equitable and inclusive practices, we encourage you to apply.
What we offer At OFM, we foster a culture of integrity, innovation, inclusion, and belonging. We value both learned and lived experiences, believing that diversity makes us stronger. To support your health and well-being, we offer a variety of benefit programs for our employees. Please visit our Recruitment site for a full list of employee benefits. Here's a quick glance at some of the unique benefits that OFM offers:
- A culture that values and strives to advance diversity, equity, inclusion, and belonging
- Medical, Dental, Vision, and Life Insurance
- 12 paid holidays, 14 paid vacation days (minimum), and 12 days of sick leave per year
- State retirement programs
Application Process: Once you've decided to apply for a state government job, you'll complete an online application to showcase your qualifications. Keep in mind that once you submit the application, a real person will read it. We do not use AI or other technology to screen your application. Please ensure you provide clear, detailed information about your work history so your qualifications can be accurately assessed. We will contact the top candidates directly to schedule interviews. If you require a reasonable accommodation during the application process, please call 7-1-1 or View phone number on click.appcast.io. When completing your application, please attach all of the following required documents:
- Cover letter: describing your qualifications for this specific position
- Resume: that details your applicable experience and education.
- References: at least three professional references and their current contact information.
Questions: OFM's Staff ASL interpreter is available to all deaf and hard-of-hearing applicants. For questions about this recruitment or to request a reasonable accommodation in the application or interview process, please email us at View email address on click.appcast.io. The Office of Financial Management is an equal opportunity employer. We strive to create a working environment that includes and respects cultural, racial, ethnic, sexual orientation, and gender identity
$108k - $134.02k
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