Budget Analyst

$59,571 - $59,571/Yr

Harrison School District Two - Colorado Springs, CO

posted about 2 months ago

Full-time - Mid Level
Colorado Springs, CO
Educational Services

About the position

The Budget Analyst at Harrison School District Two plays a crucial role in managing the district's financial resources. This position involves analyzing financial data, preparing budgets, and monitoring institutional spending to ensure that the district operates within its allocated financial resources. The Budget Analyst will collaborate with department heads and managers to develop annual budgets that align with district goals and historical data. This includes forecasting future financial needs, identifying potential areas for cost reduction or optimization, and ensuring that all financial activities are in line with the district's strategic objectives. In addition to budget preparation, the Budget Analyst will conduct in-depth financial analysis to evaluate budget proposals, expenditures, and revenue streams. This involves assessing variances between budgeted and actual expenses, identifying trends, and providing insights that inform decision-making. The role also requires monitoring budget implementation throughout the fiscal year, tracking expenses and revenues against approved budgets, and alerting management to any significant deviations or potential budgetary risks. The Budget Analyst will propose corrective actions as necessary to maintain financial health. The position also entails preparing regular financial reports, presentations, and dashboards for management and stakeholders. The Budget Analyst must communicate financial performance, budgetary status, and forecasts clearly and concisely, highlighting key metrics and trends. Furthermore, the role includes assisting in long-term financial planning by forecasting future budgetary requirements and revenue projections, working collaboratively with senior management to develop strategic financial plans and initiatives. Compliance with relevant financial regulations, accounting standards, and organizational policies is essential. The Budget Analyst must stay abreast of changes in fiscal policies, tax laws, and reporting requirements, implementing necessary adjustments to ensure adherence. Additionally, the role involves identifying opportunities to streamline budgeting processes, enhance financial reporting systems, and improve overall efficiency and accuracy. The Budget Analyst will implement best practices and leverage technology solutions to optimize financial management workflows. Other related duties may be assigned as needed.

Responsibilities

  • Collaborate with department heads and managers to develop annual budgets based on district goals and historical data.
  • Conduct in-depth analysis of financial data to evaluate budget proposals, expenditures, and revenue streams.
  • Monitor budget implementation throughout the fiscal year, tracking expenses and revenues against approved budgets.
  • Prepare regular financial reports, presentations, and dashboards for management and stakeholders.
  • Assist in long-term financial planning by forecasting future budgetary requirements and revenue projections.
  • Ensure compliance with relevant financial regulations, accounting standards, and organizational policies.
  • Identify opportunities to streamline budgeting processes and enhance financial reporting systems.

Requirements

  • Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • Advanced degree (e.g., MBA, CPA) preferred.
  • 3 years of experience working with budgeting.
  • Proven experience in budgeting, financial analysis, and strategic planning, preferably in a corporate or district setting.
  • Knowledge of regulatory requirements and financial principles governing budgeting, forecasting, and financial reporting.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
  • Knowledge of planning, engineering, government regulations, and leadership and management principles.

Nice-to-haves

  • Experience working directly with people from diverse racial, ethnic, and socio-economic backgrounds.

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • 401(k)
  • Paid time off
  • Employee assistance program
  • Retirement plan
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