Budget Manager

Budget Manager

Primary Function:

The Budget Manager is responsible for and oversees all aspects of budget formulation, execution, analysis, and reporting, ensuring fiscal responsibility and efficiency within the organization.

Essential Duties and Responsibilities:

• Lead the entire budgetary process, including formulation of templates, execution, program budgeting, upload to ERP, and analysis, to enhance fiscal responsibility and accountability.

• Collaborate closely with internal departmental stakeholders to develop comprehensive monthly, quarterly, and annual spending plans aligned with organizational goals.

• Provide expert guidance on budget formulation and execution to non-financial teams, fostering cross-departmental collaboration and understanding of budgetary processes.

• Prepare detailed budget requests, including resource requirements and narrative justifications, for submission to Senior management.

• Monitor expenditures and obligations against budget plans, identifying trends, variances, and potential risks, and develop proactive recommendations to address challenges.

• Maintain and distribute weekly cashflow reports

• Conduct regular reviews of staffing numbers and their impact on budgetary allocations, making strategic adjustments as necessary to optimize resource utilization.

• Conduct in-depth analysis and prepare comprehensive analytical reports for Senior management's consideration in resource allocation and decision-making processes.

• Prepares monthly reports for funder, USAGM, including Statement of Disbursements (SODs), the SF-425, Quarterly Vacancy Report, and annual Financial Plan (Potluck).

• Train and educate Departmental Heads and/or budget owners.

• Prepare and distribute monthly and quarterly year-to-date financial reports (including Statement of Financial Position, Statement of Activities, and Statement of Cash Flow) as well as Budget vs Actual reports and analysis.

• Create dashboard and maintenance for Senior Leadership and Board.

• Develop and implement standardized budgeting procedures, tools, and templates to streamline processes and improve efficiency.

• Foster a culture of continuous improvement within the budgeting function, encouraging innovation and best practices.

Other Duties:

The incumbent may be asked to perform additional duties and take on other responsibilities as dictated by events and circumstances.

Qualifications and Requirements:

• BA/BS in accounting, finance, business, or related field.

• 5-8 years of budgeting (or related) experience required.

• Knowledge of the federal budget process; demonstrated experience with federal budgeting preferred.

• Ability to manage priorities flexibly, and excellent time management skills.

• Knowledge of cost principles, accounting principles and the ability to analyze comprehensive cost and pricing data.

• Excellent written, verbal, and interpersonal skills to build and maintain professional relationships at all levels, both inside and outside the organization.

• Strong problem solving and analytical skills.

• Sound computer skills, including advanced Excel skills and Deltek Costpoint accounting software.

• Able to maintain confidentiality in all business matters.

MBN is an equal opportunity employer committed to workforce diversity.