What are the responsibilities and job description for the Budgeting Analyst position at Empire State?
*Applicants MUST submit a cover letter with resume to be considered.
*This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy.
*Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require an accommodation.
BASIC FUNCTION:
The position will assist the Sr. Director of Budgeting with all ESD budgeting functions for the corporate departments and the subsidiaries. Responsibilities include review of general ledger coding, generating numerous budget reports from the PeopleSoft Financial Management System relative to budgets, expense analysis and drilldowns. Analysis of various budget sources and uses as they relate to spending attributed to contracts, purchase requisitions, commitment requests include confirmation of various budget sources and uses while tracking capacity against both operating and capital budgets. The position will liaise regularly with the finance departments, all subsidiary staff and management.
WORK PERFORMED:
- Prepare regular monthly budget reports explaining variances between budget, actuals and projected.
- Manage the corporate personal services savings budget worksheet on a monthly basis.
- Monitor larger expenditures to ensure departments and subsidiaries stay within their allocated budget(s)
- Assist with creating annual operating and capital budgets for corporate departments and subsidiaries.
- Assist with Board materials for quarterly department and subsidiary budget variance reports.
- Analyze budget variances on regular basis; drilldown and report erroneous expenses; incorrect coding.
- Liaise with accountants and accounts payable team to ensure accuracy of coding and payment status.
- Provide analysis of subsidiaries monthly cash flows and reconcile to fiscal year budget balances.
- Evaluate payment requisitions, sequences, amendments, travel authorizations, RTF’s, RFP’s, POAA’s for budget purposes and provide budget analysis.
- Assist with special projects, analyses and assignments as requested by the Deputy CFO & Controller.
- Function as the back-up to Sr. Director of Budgeting (in his absence for all budget tasks and confirmation)
- Prepare written, oral and analytical reports as needed. Perform other miscellaneous duties, as assigned.
MINIMUM REQUIREMENTS:
Education required: Bachelor’s Degree in Accounting, Finance or business-related field preferred. Five years direct relevant experience may substitute for degree.
Experience required: 2 years’ experience in a finance/analytical environment, budgeting preferred.
Knowledge Required: Proficient in Microsoft Office, especially Excel. Word and PowerPoint are a plus. Experience in an accounting, analytical environment. Superior analytical skills. Excellent oral and written communication skills. Budgeting and PeopleSoft Financial Management System experience preferred.
