Budget Analyst

The Budget Analyst works under the general supervision of the Director of Budget & Financial Analysis, performs professional analysis work related to budgeting, forecasting, budget controls, business process and efficiency improvement, accounting, and information systems; performs related work as assigned.

Essential Job Functions:

(Duties listed are not intended to be all inclusive nor to limit duties that might reasonably be assigned.)

• Performs detailed analysis of agency-wide monthly department level budget to actual reports.
• Schedules monthly/quarterly meetings with departments to review budget to actual reports.
• Prepares adjusting journal entries and budget transfers.
• Reviews operational and financial records and reports and makes recommendations for improvement.
• Works with departments to compile data necessary to analyze and determine operational and financial efficiency.
• Works with departments to conduct cost benefit analyses of proposed program actions to ensure that requests substantially improve the achievement of HRT objectives with more effective use of approved resources.
• Works with department managers in the assessment of the annual budget programs and recommends revisions to these requests based on thorough analyses of the unit and its requirements. Assists department managers with completing yearly budget requests and justifications.
• Creates routine ad hoc reports as needed.
• Performs ongoing reviews and analyses of divisional budget performance through functional periodic reports, e, to determine the effectiveness and appropriateness of the established performance indicators.
• Analyzes trends in fund disbursements and progress toward attaining goals to ensure funds are used for approved and designated programs; assembles necessary statistical program and financial data and prepares narrative reports.
• Performs ongoing and special reviews, analyses and evaluations of the divisions with the objective of assuring effective/sound budgetary/financial resource management.
• Prepares financial reports and cost studies using various statistical and analytical techniques; Makes recommendations for procedural changes based on study results.
• Assists with the creation of the annual budget book.
• Manage records created and received in compliance with the Hampton Roads Transit Records Management Policies and Procedures.
• All other duties as assigned.

Required Knowledge, Abilities and Skills essential to Job Functions:

Performing financial, statistical, comparative analyses of budgetary documentation and data and making sound conclusions and recommendations. Monitoring and reporting budget variances. Performing accurate mathematical calculations. Preparing clear, concise and complete reports and other written materials. Developing, organizing and maintaining accurate records of budget correspondence and data. Verifying the completeness and accuracy of budgetary information and data. Exercising sound independent judgment within established guidelines. Establishing and maintaining effective working relationships with those contacted in the course of the work. Possess excellent analytical and communication skills.

Required Software Knowledge and Skills essential to Job Functions:

Proficiency in using computer systems and the listed software applications associated with performance of assigned work is essential.  Basic problem-solving skills associated with software applications used is expected.  Software usage relevant to job duties will be evaluated.

Software applications:

Proficient in MS Word, Excel, Outlook and PowerPoint. Knowledge of PeopleSoft HCM, PeopleSoft Finance and/or Microsoft Dynamics 365 is a plus.

Safety Responsibility:

Perform all job duties and responsibilities in a safe manner to protect one’s self, fellow employees, and the public from injury or harm. Promote safety awareness and follow safety procedures and policies. Take an active part in reporting unsafe conditions and any hazards within the workplace to their Supervisor, Manager and/or the Safety Department.

Training and/or Education:

Minimum of a Bachelor's Degree from an accredited four -year college or university in Accounting, Business Administration, Public Administration, or other related fields.

Required Experience:

Minimum of two years’ work experience in accounting, budgets, or any equivalent combination of training and experience.

Licenses or Certificates:

Possess a valid Driver's License.  Acquire a Virginia Driver's License within 60 days after the date of hire (in instances when an out of state license is not the applicant's current state of residence).

Special Requirements:

This position is classified as non-essential personnel.

FLSA Status:

Non-exempt

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Unusual Demands:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential  functions. Work involves meeting multiple demands on a timely basis. Duties may require some seasonal overtime.  Work and travel outside regular business hours may be required.  The Budget Analyst will be required to participate in activities that will carry the individual in close contact with all of HRT’s operations and maintenance environments.