San Mateo County Transit District - San Carlos, CA
posted about 2 months ago
The Operating Budget Analyst III is a senior-level position within the Finance Division, specifically in the Budgets Administration department. This role is crucial for the financial health of two of the four agencies: the San Mateo County Transit District (SamTrans) and the Peninsula Corridor Joint Powers Board (Caltrain). The analyst will be responsible for analyzing and preparing the operating budgets, which includes both annual and biennial budgets, as well as managing the budget amendment process. This position requires a deep understanding of financial analysis, including variance analysis, year-over-year budget changes, trend analysis, and budget assumptions. In addition to budget preparation, the analyst will review budget requests from cost center managers, support ongoing analysis, and monitor approved requests. The role involves liaising with both internal and external stakeholders to facilitate budget development and provide general financial support. The analyst will also prepare monthly financial statements for presentation to the Board of Directors and compile annual budget books in accordance with the Government Finance Officers Association (GFOA) standards. The position also entails preparing financial reports and budget presentations for Citizen's Advisory Committees and Boards of Directors, as well as preparing funding applications for state transit assistance and transportation development funds. The analyst will be responsible for the preparation of the Indirect Cost Allocation (ICAP) calculation and the filing of the Indirect Cost Allocation Plan/Indirect Cost Rate Proposal (ICAP/ICRP) with the Federal Transit Administration (FTA) and Caltrans. As a supervisory role, the Operating Budget Analyst III will hire, mentor, and manage staff, ensuring adherence to Equal Employment Opportunity (EEO) policies and procedures. The analyst will also coordinate staff training and professional development, establish performance objectives, and monitor employee performance. This position requires a proactive approach to analyzing financial data, monitoring budget performance, and providing insights into variances, while also ensuring a safe working environment for all employees.