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NY-Capital Planning and Financing Budget and Policy Analyst Capital/Debt Unit #23-99

  • 1.  NY-Capital Planning and Financing Budget and Policy Analyst Capital/Debt Unit #23-99

    Posted 02-14-2024 03:09 PM
    Edited by Brukie Gashaw 02-14-2024 03:08 PM


    Capital Planning and Financing Budget and Policy Analyst

    Capital/Debt Unit

    Vacancy Notice #23-99

    Advance your career in government finance, management and public policy at New York State Division of the Budget (DOB)! 

    About Us:

    As an organization, we provide a critical link between government finance, policy and management, including developing, negotiating, and implementing one of the largest government budgets in the country.

    From our office in the New York State's historic Capitol building, in Albany, NY, we impact all areas of public policy, offering an array of opportunities, including the potential to: 

    • Develop in-depth policy knowledge;
    • Participate in coordinative roles, including reviewing legislation and managing the State financial plan; and
    • Oversee State-led initiatives through efficient and effective performance management and procurement practices.

    Our Work:

    Work at DOB is high-impact public service, and Budget staff engage in a variety of work, including:

    • Analyzing operations, finances, and program performance
    • Developing budgetary and policy recommendations
    • Evaluating proposed legislation
    • Negotiating with legislative staff
    • Forecasting revenue and estimating expenditures, monitoring trends
    • Developing and implementing the Governor's initiatives
    • Monitoring and managing program and project performance

    Position Overview:

    The Capital/Debt Unit (CDU) is responsible for the development and execution of the State's multi-year Capital Program and Financing Plan. CDU provides senior policymakers with accurate, clear and timely information and advice on capital and debt issues, offers prudent solutions on public finance matters and provides investors (and the public at large) with complete, accurate information on the State's financial condition so they can make informed judgments when investing in State bonds.

    The Capital Section within CDU is responsible for central oversight of the State's capital budget and for tracking information on capital projects that is used to issue bonds. CDU has recently implemented new Statewide policies and procedures to track spending on capital projects in the State's central accounting system, the Statewide Financial System (SFS).  The candidate chosen for this position will be part of a team that is primarily responsible for ensuring those policies and procedures are being followed by State agencies, while also further improving and developing the State's capital budgeting process.  The candidate will actively monitor and transact in SFS, in order to support the issuance of State debt and develop comprehensive reporting on capital expenditures and bond proceeds. 

    Responsibilities of the Capital Planning and Financing Budget and Policy Analyst include, but are not limited to:

    • Work with State agencies, public authorities, DOB line units, and SFS to ensure capital project data in SFS is thorough and accurate.
    • Review, analyze, and report on capital project data in SFS to inform and facilitate State and Federal tax diligence for State bond sales.
    • Regularly update transactional fields in the Project Costing module of SFS to track financing sources for capital projects.
    • Help develop, produce, and implement the State's multi-year Capital Program and Financing Plan.
    • Help develop, produce, and implement reporting on State capital spending.
    • Participate in special projects related to capital planning.
    • Complete other tasks as assigned by management.


    DOB seeks candidates who have strong analytical and problem-solving skills, as well as outstanding written and oral communication abilities.  Most candidates join our team through the Budget Fellow career track, which does not require a civil service exam.  Starting salaries are based on education and experience:

    Budget Fellow I: Salary of $53,404. Requires a Bachelor's degree.

    Budget Fellow II: Salary of $58,477. Requires a Master's degree; OR, a Bachelor's degree and one year of relevant experience.

    Budget Fellow III: Salary of $63,266. Requires a Doctoral degree; OR, a Master's degree and one year of relevant experience; OR, a Bachelor's degree and two years of relevant experience; OR, a Bachelor's degree and three years of professional experience including one year of relevant experience.

    Candidates must be able to manage projects; possess strong communication, analytical, writing, research, interpersonal, and problem-solving skills; and be proficient with Excel, PowerPoint, Word, SFS, and SFS Analytics.

    HOW TO APPLY:     

    To be considered for this or future positions with DOB, please complete the Online Employment Application and select "Budget Fellow" as the Title Applying For and "Capital Financing" in the Professional Interests section. Applications are held in the DOB's resume database for three months, after which candidates may reapply to be considered for future opportunities..

    If you require assistance in applying for employment with DOB, or if you have any questions about working for DOB, please contact personnel@budget.ny.gov.

    Contact Info:

    Human Resources Office

    NYS Division of the Budget

    State Capitol

    Albany, NY 12224






    The New York State Division of the Budget is an Equal Opportunity employer that values a diverse and equitable workplace. We do not permit discrimination based on race, age, creed, color, religion, gender/sex, military status, sexual orientation, marital status, familial status, national origin, predisposing genetic characteristics, or physical or mental disability, domestic violence victim status, arrest/criminal conviction record, pregnancy and related conditions, gender identity or expression, sexual harassment, immigration status, or hair texture or protective hair styles.

    Executive Order 161

    Pursuant to Executive Order 161, no State entity, as defined by the Executive Order, is permitted to ask, or mandate, in any form, that an applicant for employment provide his or her current compensation, or any prior compensation history, until such time as the applicant is extended a conditional offer of employment with compensation. If such information has been requested from you before such time, please contact the Office of Employee Relations at (518) 474-6988 or via email at info@oer.ny.gov.

    Katie Van Zandt
    Administrative Assistant
    New York State Division of the Budget
    Albany NM
    (518) 474-9619