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Discretionary Budget Analyst (Per-Diem)

Job Description

The Bureau of Financial Services seeks a dynamic, motivated and detail-oriented individual to serve as an Discretionary Budget Analyst in the Budget: Discretionary Unit. The Discretionary Budget Analyst will provide fiscal technical assistance and conduct complex financial and analytical tasks for the Bureau of Financial Services. The Discretionary Budget Analyst should be a problem-solver who is dedicated to providing excellent customer service to a range of community-based service providers. Through operating as a resource for providers, the candidate is expected to act as a subject expert on Budget and Program Operations standards. The candidate will report to the Discretionary Supervisor Unit. The candidate responsibilities will include but are not limited to

- Manage, monitor, and maintain budgets of aging service contracts, which include modifications, amendments, operational analytics, and customer service.

- Act as main liaison with contracted community partners to provide financial information, assistance, and guidance, respond to inquiries and resolve budget related issues.

- Create, develop, and produce recurring and ad-hoc reports for oversight agencies or agency initiatives as directed.

- Ensure contracts are adequately encumbered and funded for payment and perform budget actions in a timely manner.

- Forecast expenditures, perform substantive analysis, identify trends and notable performance variances as needed.

- Perform special projects as assigned and provide assistance to other units within the division, as needed.

Qualifications

A master's degree from an accredited college in economics, finance, accounting, business or public administration, human resources management, management science, operations research, organizational behavior, industrial psychology, statistics, personnel administration, labor relations, psychology, sociology, human resources development, political science, urban studies or a Juris Doctor degree from an accredited law school; or

A baccalaureate degree from an accredited college and two years of satisfactory full- time professional experience working in one or a combination of the following areas: working with the budget of a large public or private concern in budget administration, accounting, economic or financial administration, or fiscal or economic research; in management or methods analysis, operations research, organizational research or program evaluation; in personnel or public administration, recruitment, position classification, personnel relations, labor relations, employee benefits, staff development, employment program planning/administration, labor market research, economic planning, social services program planning/evaluation, or fiscal management; or in a related area.

An associate degree or completion of 60 semester credits from an accredited college and four years of satisfactory full-time professional experience as described in "2" above.

A four-year high school diploma or its educational equivalent approved by a State's department of education or a recognized accrediting organization and six years of satisfactory full-time professional experience as described in "2" above.

A combination of education and/or experience equivalent to “1”, “2”, “3”, or “4” above. College education may be substituted for professional experience at the rate of 30 semester credits from an accredited college for one year of experience. However, all candidates must have a high school diploma.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

What You Should Know About Discretionary Budget Analyst (Per-Diem), City of New York

Are you passionate about financial analysis and looking for an exciting opportunity in New York City? Join the Bureau of Financial Services as a Discretionary Budget Analyst! In this dynamic role, you will provide vital fiscal support and conduct complex financial analysis. Your main mission will be to serve community-based service providers, ensuring they receive the best customer service and guidance regarding budget operations. You'll manage budgets of aging service contracts, liaising with community partners to provide them with essential financial information, and overseeing inquiries and issues related to budgets. Your analytical skills will shine as you create insightful reports for oversight agencies, forecast expenditures, and identify performance trends. We’re looking for someone with a master's degree in relevant fields or equivalent professional experience to bring their knowledge and expertise to the team. If you enjoy problem-solving and wish to contribute to essential budgeting operations, this is the job for you. Not only will you be a key player in our department, but you'll also have the unique opportunity to work on special projects that will impact the community. Ready to make a difference in New York? Apply now and become part of a forward-thinking organization committed to financial excellence and community service!

Frequently Asked Questions (FAQs) for Discretionary Budget Analyst (Per-Diem) Role at City of New York
What are the main responsibilities of a Discretionary Budget Analyst at the Bureau of Financial Services?

The Discretionary Budget Analyst at the Bureau of Financial Services takes on several key responsibilities, including managing and monitoring budgets for aging service contracts, acting as a liaison with community partners, producing various financial reports, ensuring timely budget actions, and analyzing financial data to forecast expenditures. This role is crucial in providing fiscal technical assistance and ensuring that community services have the support they need.

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What qualifications do I need to apply for the Discretionary Budget Analyst position in New York City?

To apply for the Discretionary Budget Analyst position with the Bureau of Financial Services, candidates should have a master's degree in related fields such as finance or public administration. Alternatively, a bachelor's degree combined with relevant experience or an associate degree with even more extensive professional experience may also be acceptable. A high school diploma is a minimum requirement, ensuring that all candidates meet basic educational standards.

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What skills are essential for a successful Discretionary Budget Analyst?

Successful Discretionary Budget Analysts possess strong analytical skills, keen attention to detail, and exceptional problem-solving abilities. They should excel in managing financial information, have excellent communication skills for interacting with community partners, and be adept at using financial software for reporting and forecasting purposes. A strong background in fiscal management, governmental budgeting, or relevant research is also beneficial.

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How does the Bureau of Financial Services support community-based service providers?

The Bureau of Financial Services supports community-based service providers by providing financial information, assistance, and guidance to ensure they effectively manage their budgets. The Discretionary Budget Analyst plays a pivotal role as the main liaison, responding to inquiries and resolving budget-related issues to enhance their operational effectiveness.

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What is the working environment like for a Discretionary Budget Analyst in NYC?

Working as a Discretionary Budget Analyst in New York City at the Bureau of Financial Services offers a collaborative and inclusive environment. The City is committed to diversity and strives to create a workplace free from discrimination. As part of a team dedicated to financial excellence and community support, analysts can expect a motivating atmosphere with opportunities to contribute to meaningful projects.

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Common Interview Questions for Discretionary Budget Analyst (Per-Diem)
Can you describe your experience with budget management as a Discretionary Budget Analyst?

In your answer, provide specific examples of how you've successfully managed budgets, including any tools or methodologies used. Highlight your attention to detail and ability to liaise with stakeholders to effectively meet fiscal requirements.

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How do you handle discrepancies or issues that arise in budget reporting?

Discuss your problem-solving approach. Emphasize the importance of thorough analysis, communication with affected parties, and prompt proactive measures you would take to resolve any discrepancies.

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What software or tools do you typically use for financial reporting?

Mention any specific financial software you are familiar with, such as Excel, financial management systems, or reporting tools. Discuss your proficiency and how you use these tools to streamline financial processes.

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How do you prioritize your tasks when managing multiple budgets and contracts?

Outline your organizational skills and how you determine priorities. Focus on your ability to assess deadlines, impact, and the importance of each task while ensuring meticulous attention to detail.

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Why do you think customer service is important in the role of a Discretionary Budget Analyst?

Express your understanding that customer service is essential in building trust and rapport with community partners. Highlight your commitment to ensuring they receive the information and support needed for operational success.

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What strategies do you use for forecasting expenditures?

Discuss specific methods you employ for analyzing past spending trends, using statistical analysis, and considering market conditions. Share how this data informs accurate forecasting.

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Can you provide an example of a successful report you've created?

Share a specific example of a report that had significant impact. Explain the data included, your reporting process, and how it helped stakeholders make informed decisions.

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How do you keep up with changes in financial regulations that may affect budgeting?

Explain your proactive approach to staying informed, such as attending workshops, consulting with peers, or subscribing to relevant newsletters. Emphasize your commitment to continuous professional development.

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What challenges have you faced in budget administration, and how did you overcome them?

Discuss a particular challenge in budget management, how you analyzed the situation, and the steps you took to solve it. Highlight your ability to remain calm and focused under pressure.

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What do you see as the key attributes of a successful Discretionary Budget Analyst?

Identify key attributes such as strong analytical skills, effective communication, adaptability, and a commitment to accuracy. Explain why these traits are crucial in the budgeting role, particularly in serving community partners.

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Our Mission To work to eliminate ageism and ensure the dignity and quality-of-life of New York City’s diverse older adults, and for the support of their caregivers through service, advocacy, and education. Strategic Goals To foster independence...

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EMPLOYMENT TYPE
Per-Diem, on-site
DATE POSTED
January 13, 2025

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