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Budget Analyst II

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Budget Analyst II

Salary

$60,284.00 - $80,909.00 Annually

Location

Michigan, MI

Job Type

Certified-Regular Civil Service

Job Number

20240413203102OCFOJS

Department

Off Chf Financial Officer

Division

Budget Development & Exec

Opening Date

06/02/2025

Bargaining Unit

7100-Senior Accountants Analysts and Appraisers As

+ Description

+ Benefits

+ Questions

Description

Be a Part of the City You Love!

The Office of the Chief Financial Officer - Budget division is accepting applications for a Budget Analyst II position.

Position Summary

A Budget Analyst in this class serves as a non-supervisory member in one of several groups of Budget Analysts, which are assigned to the OB and throughout the OCFO. The Budget Analyst class includes all positions that perform, advise on, or supervise work in any of the phases of budget administration when such work requires knowledge and skill in applying budget related laws, regulations, policies, precedents, methods, and techniques. Budget Analysts in this class provide detailed and complex analyses and recommendations concerning City Government or other City Agency operating and capital budgets, special issue and project management assignments, managing the acquisition and processing of intergovernmental sources of revenue, including grants, for the City's operating and capital budgets, and/or program evaluation and management analysis. Work also includes the implementation and monitoring of fiscal and programmatic decisions. Budget Analysts in this class are responsible for creating and tracking budget to actual across multiple years, executing period end close process that includes variance analysis and forecasting; creating an annual and multi-year budget; evaluating regulatory provisions and the impact on the budget.

For positions that involve analytical, technical, and administrative duties in one or more phases of the budgetary process: budget formulation and justification, presentation and enactment, or execution and monitoring. Budget Analysts are generally responsible for all or a portion of an organization's budget, programs, and/or organizational structure. Budget Analysts are also responsible for developing budgetary guidance, including drafting budget guidelines, memos, and circulars.

Examples of Duties

• Develops and explains directives, regulations, guidelines, and procedures to implement City Council legislation and Mayoral budget and program policies

• Assists in the preparation of budgets using actual financial and operational results, historical data, and trend analysis; Verifies completeness, accuracy, and conformance with procedures, rules and regulations

• Determines whether obligations, expenditures, and requested allotments are within funding limitations; Determines whether estimates of funding needs and requests for allotments are in line with program plans and work methods

• Provides recommendations for any corrective action needed

• Monitors assigned City Agency execution of budget; Conducts field audits and statistical analyses; Prepares reports of findings and recommendations

• Partners with City Agencies to oversee the development of multi-year operating and capital plans, reserve forecasts, and long range financial strategies

• Examines budget estimates for completeness, accuracy, and conformance with procedures and regulations

• Develops, implements, monitors, and ensures compliance of financial and operational performance measures

• Evaluates monthly financial performance against the plan, prior year, and forecast

• Prepares, provides, and responds to requests and inquiries regarding financial, expenditure, revenue/fund status, appropriation transfers, supplemental appropriations, and variance reports to management to enable financial and budgetary monitoring and control

• Identifies and advises on budget overruns, revenue shortfalls, and other financial problems by agency; recommends options and solutions; works with management to resolve problems

• Evaluates implication of budget requests; Identifies alternatives; Presents the most advantageous budget option

• Reviews operating budgets to analyze trends affecting budget needs

• Prepares, reviews, and analyzes Capital Improvement Project (CIP) budgets

• Prepares monthly, quarterly, annual, and ad-hoc financial analyses and reports to maintain expenditure control; Provides information to the OB Director and City Executives as requested

• Performs cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods

• Meets with appropriate contacts to discuss proposals; Recommend modifications

• Represents executive branch of City government at Public Hearings, Council Committee sessions, and meetings by providing budgetary and programmatic information

• Trains OCFO and City Agency staff regarding budget formulation and execution

• Coordinates with OCFO and City Agencies to ensure proper tracking and spending of finances

• Summarizes budgets, submits recommendations, and prepares reports for the approval or disapproval of funds requests

• Reviews and evaluates contracts for compliance with departmental policies; Ensure conformity with City Agency budget

• Performs special projects and other duties as assigned

Minimum Qualifications

Education

For all Budget Analysts, it is a requirement to have completed a bachelor's degree from an accredited college or university, with major course of work in accounting, finance, business administration, statistics, economics, or a closely related field. Such education must include at least twenty-four (24) semester (36 terms) credits in coursework of accounting, finance, business administration, statistics, economics, or a closely related field.

In addition, Budget Analysts with a master's degree, such as Master in Business Administration, Master in Finance, Masters in Economics, and other appropriate and related courses of study meet the minimum experience required for Budget Analyst II.

Experience

For entry into the Budget Analyst position, no work experience is required; however, the minimum education requirements must be met. One year of professional experience in reviewing, analyzing, developing and monitoring government operating and/or capital budgets, including analysis of and reporting on management and programmatic issues having budgetary implications is preferred but not required. Budget Analyst must demonstrate proficiency with integrated word processing and spreadsheet functions.

For selection, appointment to a Budget Analyst level II or higher, in addition to the minimum education requirements, more progressive levels of experience are required based on the following:

Budget Analyst II – at least two (2) years of experience

Equivalency

Equivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis.

Supplemental Information

Evaluation Plan

+ Interview: 70%

+ Evaluation of Training, Experience & Personal Qualifications: 30%

+ Total of Interview and Evaluation T.E.P: 100%

Additional points may be awarded for:

+ Veteran Points: 0 – 15 points

+ Detroit Residency Credit: 15 points

LRD: 05/30/2025

EMPLOYMENT BENEFITS

The City of Detroit offers a competitive and comprehensive employee benefit package. We pride ourselves on the longevity of our employees. Part of the reason for the low turnover rate is the exceptional benefit package listed below. Benefits include, but are not limited to the following:

HEALTH

+ Medical - Eligible for hospital, surgical, and prescription drug benefits.

+ Dental

+ Vision

INSURANCE

+ Life Insurance - Optional group insurance available to employee and their family. The City pays 60% of premium for first $12,500 of employee life insurance. Employee may purchase, at own expense, life insurance for spouse and each dependent.

+ Long-Term Disability Insurance (Income Protection Plan) - The City offers disability insurance through payroll deductions for persons who become disabled and who are not yet eligible for a service retirement.

PAID TIME OFF

+ Sick Leave

+ Vacation

+ Holidays

OTHER LEAVE BENEFITS

The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave,

RETIREMENT BENEFITS

City Employees Retirement System

As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after:

• Completion of thirty (30) years of service;

- At age sixty (60) if you have at least ten (10) years of service, or

- At age sixty-five (65) with eight (8) years of service.

• In the event of disability, other eligibility rules apply);

- An early, actuarially reduced, retirement is offered after you have attained at least twenty-five (25) years of service;

• Employees are vested after ten (10) years of service, regardless of age.

ADVANCEMENT OPPORTUNITIES - Employees have many opportunities for growth and career advancement throughout all City departments and divisions.

Have a successful career with the City of Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit.

01

Please indicate your highest level of education completed

+ High School Diploma/GED

+ Associate's Degree

+ Bachelor's Degree

+ Master's Degree

+ PhD/J.D.

+ No Education experience

02

How many previous years of experience do you have in reviewing, analyzing, developing and monitoring government operating and/or capital budgets, including analysis of and reporting on management and programmatic issues having budgetary implications?

+ 0 - 1 Years

+ 2 - 5 Years

+ 6 - 9 Years

+ 10 Years or more

03

Describe your proficiency with integrated word processing and spreadsheet functions below.

Required Question

Employer

City of Detroit

Address

Coleman A. Young Municipal Center 2 Woodward Ave ste 316 Detroit, Michigan, 48226

Website

http://www.detroitmi.gov/Detroit-Opportunities/Find-A-Job

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