BUDGET MANAGER

Date: Nov 22, 2024

Req ID: 45162

Location:

Little Rock, AR, US, 72201

Category: DEPT OF WORKFORCE SERVICES

Anticipated Starting Salary: $50,221.81

Position Number: 22180784

County: Pulaski
Anticipated Starting Salary: $50,221.81
ACOM Finance Shared Services

Position Summary

The Budget Manager directs the activities of a medium-sized professional and administrative support staff by interviewing applicants, hiring, terminating, assigning and reviewing work, training, and evaluating the performance of incumbents. Analyzes monthly department budgeting and accounting reports to maintain expenditure controls. Provides advice and technical assistance with cost analysis, fiscal allocation, and budget preparation. Examines budget estimates for completeness, accuracy, and conformance with procedures and regulations. Summarizes budgets and submits recommendations for the approval or disapproval of funds requests. Reviews operating budgets to analyze trends affecting budget needs . Compiles and analyzes accounting records and other data to determine the financial resources required to implement a program . Performs cost-benefit analyses to compare operating programs , review financial requests, or explore alternative financing methods. Performs other duties as assigned.

Education and Professional Work Experience

Minimum Qualifications

The formal education equivalent of a bachelor's degree in accounting, finance, financial management, general business, or a related field; plus, five years of experience in accounting, financial management, or a related area, including one year of supervisory experience

Knowledge, Skills, and Abilities

Knowledge, Skills, and Abilities
Knowledge of Generally Accepted Accounting Principles and Practices.
Knowledge of state fiscal and budgetary laws, policies, and procedures.
Knowledge of supervisory practices and procedures.
Ability to plan, organize, and direct the work of lower-level supervisors and/or subordinates.
Ability to analyze data and situations, project outcomes, and resolve problems.
Ability to evaluate the operation of the accounting system and recommend modifications.
Ability to interpret laws and regulations.
Ability to write proposals, justifications, and policies.

Job Responsibilities and Expected Results

Researches, analyzes, and evaluates agency operations, funding sources, programs , and fiscal records to determine budgetary needs and effects of new programs.
Collaborates with Assistant Directors to develop program budgets that are complete, accurate and compliance with current regulations.
Meets with agency directors and/or fiscal personnel to obtain additional information, discuss budgetary needs, and to provide advice on budgetary procedural problems.
Evaluates agency requests and makes recommendations to executive and legislative officials and staff based on analysis, justification and program knowledge .
Participates in drafting legislation and monitors and advises legislation during legislative sessions.
Provides technical assistance to agencies concerning a variety of fiscal-related activities. Serves as back up to the budget manager.
Assists in training the budget specialist.
Assist with AASIS and other DWS accounting systems set up and processing .
Take the lead on preparing financial documents (Resource Justification Model-RJM , Penalty and Interest, Bureau of Legislative)
Prepares original budget and modifications accurately according to federal and state specifications.
Prepares accounting entries .
Monitor , assesses, & communicate financial activity monthly and quarterly, with program and financial staff.
Respond to assistance request from program staff.
Perform other duties as assigned.

The mission of the Department of Commerce is to champion economic opportunities through strategic initiatives and an equitable regulatory environment that attracts and grows businesses, safeguards consumers, enhances workforce quality, and energizes our infrastructure, creating a better quality of life for all Arkansans.

Position Information

Class Code: R019C

Grade: GS09

FLSA Status: EXEMPT

Salary Range: $50,222.00 - $80,105.00

Summary

The Budget Manager is responsible for coordinating and planning budget activities, including annual and biennial budgets. This position is governed by state and federal laws and agency/institution policy.

Functions

Directs the activities of a medium-sized professional and administrative support staff by interviewing applicants, hiring, terminating, assigning and reviewing work, training, and evaluating the performance of incumbents. Analyzes monthly department budgeting and accounting reports to maintain expenditure controls. Provides advice and technical assistance with cost analysis, fiscal allocation, and budget preparation. Examines budget estimates for completeness, accuracy, and conformance with procedures and regulations. Summarizes budgets and submits recommendations for the approval or disapproval of funds requests. Reviews operating budgets to analyze trends affecting budget needs. Compiles and analyzes accounting records and other data to determine the financial resources required to implement a program. Performs cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods. Performs other duties as assigned.

Dimensions

Occasional in-state travel is required.

Knowledge, Skills and Abilities

Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. Knowledge of principle and practices of accounting. Knowledge of business and management principles involved in strategic planning. Ability to use logic and reasoning to identify strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. Ability to considering the relative costs and benefits of potential actions to choose the most appropriate one. Ability to plan work unit objectives and operational activities and to assign and direct the work of subordinate supervisors. The ability to apply general rules to specific problems to produce answers.

Minimum Qualifications

The formal education equivalent of a bachelors degree in accounting, finance, financial management, general business, or a related field; plus five years of experience in accounting, financial management, or a related field, including one year in a supervisory capacity. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.

Licenses

Must possess a valid Arkansas drivers license.

The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law.