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NY - Fiscal Planning Budget and Policy Analyst Expenditure/Debt Unit #22-01

  • 1.  NY - Fiscal Planning Budget and Policy Analyst Expenditure/Debt Unit #22-01

    Posted 4 days ago
    Edited by Brukie Gashaw 4 days ago

    Fiscal Planning Budget and Policy Analyst
    Expenditure/Debt Unit
    Vacancy Notice #22-01

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

    All creative problem solvers and analytical thinkers are invited to apply to our Budget Fellow career track and help us make a difference in the lives of all New Yorkers!

    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 Expenditure/Debt Unit, commonly referred to as Fiscal Planning, is responsible for the development and management of the State's Financial Plan and capital market activities. We provide senior policymakers with options for achieving and maintaining balanced budgets, funding capital projects, issuing debt, and addressing emerging public finance problems. In this role, we work with senior policymakers, state agencies, public authorities, and outside advisors to monitor, analyze, and make recommendations on matters affecting the State's financial position.  

    The Unit is responsible for developing and issuing key publications that govern the State's financial activity (and disclosure to investors) including the Financial Plan, Capital Plan and Annual Information Statement.  It is therefore an essential stakeholder in the DOB systems that are used to prepare these publications.

    Responsibilities of the Budget and Policy Analyst on the Fiscal Planning Team would include, but are not limited to:

    • Execution of the Enacted Budget Financial Plan in a manner that adheres to overall fiscal policies and State spending controls and benchmarks.
    • Production of the State's quarterly issued Financial Plan report to the legislature and public.
    • Identify, analyze, and explain emerging risks and opportunities affecting the Financial Plan, and options to address them.
    • Perform financial forecasting, reporting and operational metrics tracking.
    • Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements.
    • Recommend actions by analyzing and interpreting data and making comparative analyses.
    • Provide support to examiners and agency staff in setting fiscal policy, determining appropriate funding mechanisms, transactional steps, and reporting methods.
    • Work with independent groups to summarize information comparing New York with other states.
    • Provide subject matter advice and expertise to assist in the development of the cloud-based budgeting application replacing the Division's current Budget Making System, including testing, change management, and related activities.

    Qualifications & Salary:

    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 $49,835. Requires a Bachelor's degree.

    Budget Fellow II: Salary of $54,570. Requires a Master's degree; OR, a Bachelor's degree and one year of relevant experience.

    Budget Fellow III: Salary of $59,038. 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.

    The candidates must be able a self-starter that demonstrates:

    • Strong analytical skills;
    • Proven work experience in a role requiring regular and complex quantitative analysis;
    • Excellent interpersonal communication (written and verbal) and problem-solving skills; and
    • Fluency with Excel formulas and functions, other Microsoft applications, Statewide Financial System, and DOB's budgeting systems

    HOW TO APPLY:     

    To be considered for positions with DOB, please complete the Online Employment Application.

    If you require assistance in applying for employment with the New York State Division of the Budget, or if you have any questions about working for the Division, please contact personnel@budget.ny.gov.

    Contact Info:

    Human Resources Office
    NYS Division of the Budget
    State Capitol
    Albany, NY 12224

    Mary Groves
    Administrative Specialist Trainee 1
    New York State Division of the Budget
    Albany NY
    (518) 473-7035