Budget Advisor - Revenue

Hybrid Position

Our physical office is in Olympia, WA. This is a hybrid position where most work allows teleworking. You must reside in Washington state and travel for in‑person activities, meetings, and events as needed.

Salary range: $108,000 to $134,016 per year. Career growth beyond this range is available.

We are seeking a Budget Analyst to play a key role in shaping Washington State’s operating, transportation, and capital budgets. This role involves analyzing agency budget requests, developing recommendations, and helping build the Governor’s proposed budget. Your work will be presented to senior leaders, state agencies, stakeholders, and the Legislature.

• Act as a subject matter expert on balance sheets, general state revenues, fund balancing, and the revenue allotment review process.
• Develop and implement models related to revenue, expenditures, and other data.
• Perform independent research and analysis of policies and proposals, including expected outcomes, state and local costs, implementation strategies, and stakeholder positions.
• Analyze legislative bills and budget proposals and communicate impacts to decision makers and senior‑level staff.
• Assist with the preparation of analysis and recommend gubernatorial action on enrolled bills.
• Coordinate with the Office of the State Treasurer, legislative counterparts, and OFM revenue and bond analysts on complex calculations of general state revenue and extraordinary general state revenue for each revenue forecast.
• Coordinate with the State Treasurer and the Economic and Revenue Forecast Council on the annual 1% transfer of general state revenue to the Budget Stabilization Account.
• Complete OFM’s portion of the Official Near General Fund Revenue Forecast for the Economic and Revenue Forecast Council four times per year.
• Update the official state balance sheet prior to each Official Revenue Forecast and coordinate with legislative fiscal staff for agreement.
• Coordinate with Statewide Accounting on the final Agency Financial Reporting System (AFRS) fiscal year closing and the annual Comprehensive Financial Reporting (ACFR).
• Act as a subject matter expert for OFM in matters related to tobacco payments, including coordination with the Office of the Attorney General and the Office of the State Treasurer.
• Lead and assist all OFM budget analysts with fund balancing responsibilities during budget development, including training, maintaining the account assignment list, coordinating with OFM IT on fund balance and fiscal reports submitted to the Legislature, and general fund balance system maintenance.
• Lead the revenue allotment review process for OFM, including coordination with other budget advisors.
• Evaluate patterns and trends in data and identify other factors affecting budget drivers.
• Monitor and support state agencies in budget development, budget implementation, program performance, and other fiscal matters.
• Represent OFM on internal and external work groups or other group assignments related to the balance sheet and fund balances, and participate in study committees and work groups as needed.

• Demonstrated knowledge of state budget processes, fiscal policy, and financial management principles.
• Demonstrated skill in preparing clear, concise written materials, presentations, and other documentation that convey complex information to diverse audiences.
• Demonstrated ability to evaluate program performance data, identify trends, and provide actionable recommendations for resource allocation and efficiency improvements.
• Demonstrated commitment to equity, diversity, and inclusion, including the ability to engage respectfully with diverse communities and incorporate equity considerations into budget analysis and recommendations.
• Ability to perform complex fiscal analyses, including forecasting revenues and maintaining complex spreadsheet‑based models.
• Proficiency in developing models and tools to analyze fiscal impacts and policy options.
• Ability to understand and learn how to work within, maintain, and assist others to effectively use existing systems to balance state accounts.
• Ability to interpret, analyze, and…