Principal Budget Analyst

Principal Budget Analyst

Anchored in the foothills of the Sierra Nevada - 20 miles east of Sacramento and about 1.5 hours from Lake Tahoe - the City of Folsom is comprised of beautiful parks and trails, and boasts excellent schools, family-orientated neighborhoods, and outstanding shopping, dining, and cultural options. Folsom is a high-tech, forward-looking city, with firms ranging from small to large international corporations.

Voted by Wallet Hub as the Best Place for Families to Live in California, and 2nd Best Lake Town in America, Folsom is recognized for its affordability, fair weather, education, and health. Folsom's schools were recognized among the best in Sacramento County.

The City of Folsom's Office of Management & Budget is currently recruiting for one (1) Principal Budget Analyst to join the Finance Department. This is a confidential, unrepresented, exempt position.

Under the general direction of the Financial Services Manager, the Principal Budget Analyst performs complex budgetary, financial, economic, statistical functions, and programs, evaluates cost and performance data; and provides sound recommendations for budget policy and formulation, implementation and procedure; coordinates activities of the City's Operating and Capital Improvement Plan Budgets with other departments, governmental agencies, and/or private entities.

The Principal Budget Analyst is a professional level classification. Using a high degree of independent judgment to perform highly complex analytical work and apply an expert level of understanding on fiscal and budgetary analysis and control at the management level. This classification is distinguished from that of the Senior Financial Analyst, in which the latter performs less complex accounting and financial reporting-related duties.

In addition, the Principal Budget Analyst may oversee, monitor, and/or direct the work of lower-level staff. This position is in-office Monday - Friday, 8:00am - 5:00pm. This is an exempt, unrepresented-confidential position.

The following are the duties performed by employees in this classification. However, employees may perform other related duties at an equivalent level. Each individual in the classification does not necessarily perform all the duties listed.

• Coordinate and manage the development of the City's financial plan, including capital and operating budgets and financial strategies; lead and participate in complex financial analyses of proposed policy changes; serve as a liaison between departmental management teams; provide information and analytical support involving major projects.
• Monitor assigned departments to ensure that budget priorities are properly executed; evaluate existing and proposed financial strategies, policies, plans, procedures, programs and functions of assigned departments and budget units; consult with and advise department and budget unit staff; make recommendations.
• Conduct detailed research and analysis of economic and legal conditions in the public and private sector to forecast long-term fiscal impact of decisions made by the city about programs and functions of City departments.
• Analyze budgetary and statistical data and make recommendations; and provide financial information, analysis and recommendations for complex labor proposals.
• Analyze City contracts for financial impact, ensuring alignment with the City's Operating and Capital Improvement budgets and compliance with established budgetary limitations.
• Review purchase requisitions to confirm that expenditures remain within approved departmental budgetary constraints.
• Conduct public presentations to the Mayor and City Council, other governmental bodies, community groups, and other public gatherings regarding complex and controversial policy, fiscal, and administrative issues.
• Coordinate, review and evaluate budget segments prepared by operating department and divisions; initiate policy recommendations for functional and organizational changes in departments and budget units to achieve annual budget goals in areas of cost-effectiveness and levels of service of those departments; develop recommendations for, and coordinate budget…