Senior Budget Analyst

Stefanini - South Plainfield, NJ

Full-time - Mid Level

South Plainfield, NJ

251-500 employees

Professional, Scientific, and Technical Services

About the position

The Senior Budget Analyst position at Stefanini Group involves managing and analyzing budgets for a key client in the utilities and power industry. This role is crucial for assisting line management in tracking and projecting expenditures, ensuring compliance with accounting guidelines, and identifying opportunities for cost savings. The position offers a hybrid work schedule based in South Plainfield, New Jersey, and requires collaboration with department managers to forecast financial risks and opportunities.

Responsibilities

• Monitor, trend and track Capital and/or O&M budgets, assisting line management in managing their annual budgets/expenditures.
• Analyze and project expenditures and identify impacts to budget plans.
• Analyze actuals to plan variances of labor, material, contractor, and other costs as required.
• Provide cost management reporting and accounting in accordance with established guidelines.
• Prepare and process accruals/journal entries with supporting documentation.
• Investigate and reconcile expenditures to proper accounting/cost management guidelines.
• Participate on an Emergency Response Team.
• Prepare and run reports and analytics for departments and senior management to assist in the management and control of operating expenses.
• Work closely with department managers to gather and organize financial data in order to forecast monthly risks, opportunities, and timing.
• Compile and analyze financial reports to find discrepancies that require management's attention.
• Identify opportunities for process improvements and cost savings.
• Assist in the development of the 5-year Long range budget plan.
• Process accruals and journal entries for the month-end close process.

Requirements

• BS/BA degree in Accounting, Finance, or Business, or a separate field with relevant experience, or in lieu of a degree, 6 years of relevant experience.
• Experience with budget forecasting tools.
• Focus on workforce management is ideal.
• Proficiency in Excel software.
• Must meet organizational requirements for unescorted site access.
• Experience pulling data from SAP.
• 5 years of related finance, budgeting, or cost analysis experience.

Benefits

• Competitive salary based on experience and qualifications.
• Potential bonuses or other incentives.