The City of Worcester is seeking qualified applicants for the position of Principal Budget Analyst for the Budget Division within the Office of Administration and Finance. Under the direction of the Budget Director, the position will provide financial and operational analysis and reporting to execute key internal control procedures over operating and capital expenditures for the City.  The Principal Budget Analyst will ensure compliance with City budgets, policies, and ordinances and prepare, analyze, and present the annual budgets through collaboration with City Departmental leaders.  The position will provide analytical staff assistance to City Leadership by evaluating and improving services such as budget preparation, fiscal controls, and performing assigned fiscal management and performance studies.
 
Bilingual applicants are encouraged to apply.
 
ESSENTIAL ELEMENTS:

• Analyze and evaluate fiscal processes and procedures to develop long-range goals, objectives, and programs of improvement
• Analyze and report on fiscal operating practices, such as record keeping systems and forms controls, as well as outcomes
• Analyze and assist departments in the preparation of budgeting requests and performs related work as required
• Prepare and administer the annual operating and capital budgets

• Coordinate the accumulation and organization of information used in the budget document
• Review departmental and agency operating and capital budget submissions.
• Participate in hearings with department and agency heads to make budgetary decisions
• Review revenue and expenditure projections and provide recommendations for final departmental and agency budget needs

• Act as liaison between City administration and various departments on fiscal matters
• Continually review and analyze departmental and agency revenues and expenditures.
• Advise and make recommendations to the Budget Director regarding fiscal administrative research and management improvement.
• Present fiscal operations analysis findings to ensure City policies and procedures are being followed
• Prepare financial/budgetary records, reports, documents, statements, analyses, and statements
• Review and present analysis of income/revenue and trust reports to the Budget Director, City Auditor, and Chief Financial Officer
• Assist in the development and presentation of long-range financial plans for both operations and capital plans

• Knowledge of budgeting and accounting principles, practices, and procedures
• Highly proficient with Microsoft Office applications, particularly Excel and database applications; Facile with technology and able to learn new systems
• Ability to read, interpret and document financial transactions in compliance with City Ordinances, State Statutes, other regulatory laws, and accounting principles
• Ability to become knowledgeable in applicable Federal/State/Local regulations, procurement & municipal budgeting standard operating practices
• Strong collaborative and communication skills
• Strong time management skills
• Ability to prioritize tasks, stay organized, and be detail oriented
• Ability to track and analyze financial data to prepare detailed and accurate reports
• Experience with robust, high transaction volume financial systems and ledgers
• Strong technical writing skills
• Strong problem solving and critical thinking skills
• Ability to generate creative financial/operational solutions.
• Ability to establish and maintain effective working relationships.
• Strong analytical and organizational skills, accuracy, and detail orientation.
• Ability to work independently, as well as part of a team
• Ability to consistently and reliably meet established deadlines

MINIMUM REQUIREMENTS:

• Bachelor’s degree in Finance, Accounting, or related field; OR,
  • An equivalent combination of education & four (4) years of experience that provides the knowledge, skills, and abilities to perform the required duties of the position will be considered in lieu of the above-mentioned requirements.
• One (1) year of experience in public or private financial analysis and reporting
• Experience with robust, high transaction volume financial systems
• Excellent communication skills

PREFERRED QUALIFICATIONS:

• Master’s degree in Finance, Accounting, or related field
• Two (2) years of experience with financial analysis and reporting
• Two (2) years of experience with municipal or public sector accounting
• One (1) year of demonstrated knowledge of the principles, methods, and practices of municipal finance and accounting
• One (1) year of experience with government operations as it pertains to financial activities
• Experience with the Workday Platform