Budget Analyst II (Remote)

Department Information

The mission of the Colorado Department of Revenue (CDOR) is to become a trusted partner to every Coloradan to help them navigate the complexities of government so they can thrive. We are driven by our values of service, teamwork, accountability, integrity, and respect.

The vision of the department is to empower businesses and individuals through quality customer service, innovation, and collaboration. We celebrate diversity and support an equitable and inclusive culture. We embrace our differences because we believe this brings innovation to our work. For more exciting information about the Department of Revenue, please enjoy this brief video!

Description of Job

The Colorado Department of Revenue (CDOR) is seeking a detail-oriented and analytical professional to serve as a Budget Analyst II within the Financial Services Division. This role is vital in ensuring that state financial resources are utilized effectively and efficiently while maintaining full compliance with all statutes, fiscal rules, and Department policies.

As a Budget Analyst II, you will be responsible for organizing, interpreting, and reporting financial data for assigned divisions across the Department. You will use your excellent communication skills to relay complex financial information in an understandable way to a variety of audiences. Additionally, you will leverage your proficiency in financial systems and Excel to manage complex spreadsheets and models when gathering, organizing, and analyzing critical financial data. If you are looking for a career opportunity to support the fiscal integrity of the State of Colorado, this position is for you!
What You'll Do:

• Develop, analyze, and monitor personal services, operating, and program-specific expenditure budgets for assigned divisions to ensure fiscal health.

• Regularly pull financial data from the CORE system to balance year-to-date actual expenditures and revenues against divisional reports.

• Reconcile payroll reports to track the status of staffing plans, vacancy rates, and year-to-date growth or slippage.

• Gather internal and external data to create three- to five-year forecasts for revenues, fees, and cash fund balances.

• Collaborate with division leadership to create annual budget planning documents and financial models that align with strategic goals.

• Compare actual financial results against forecasts to identify, investigate, and explain significant variances.

• Assist in the production and validation of budget change requests, including decision items, supplemental requests, and budget amendments.

• Update and maintain complex financial models to project monthly, quarterly, and annual costs based on historical trends.

• Work with various business units to provide timely budget approval for invoices and requisitions while ensuring compliance with fiscal rules.

• Conduct rapid-response, non-standard financial analysis to answer unanticipated business questions from division directors or the Budget Manager.

Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights

Preferred Qualifications:

• Mastery of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) pronouncements
• 
  Prior experience navigating state government budget cycles, including the development of decision items, supplemental requests, and budget amendments.
• Proficiency with Excel and Google Sheets
• Experience with financial analysis
• State experience using CORE
• Experience with financial projections, variance analysis and modeling
• Experience preparing financial information for stakeholders
• Experience in administering relational or multidimensional financial databases
• Experience in government and familiarity with compliance, policy, strategy and government finance regulations
• Experience analyzing legislation for fiscal impacts
• Demonstrated analytical and written communication skills
• Attention to detail and concise presentation of financial information
• Knowledge of Google Suite tools: Google Sheets, Google Docs, Gmail

Pursuant to the Universal Driving Standards Policy (Download PDF reader), any worker who will be expected to drive a State-owned vehicle is responsible for maintaining a safe driving record and a valid driver license prior to driving any State-owned vehicle.

To be compliant with the new fleet vehicle policy, Motor Vehicle Records (MVRs) will be pulled for review for workers who:

• Have an assigned State fleet vehicle
• Are required to operate a vehicle as part of the position
• Utilize a State fleet vehicle as a pool vehicle

• Applicants must meet the minimum qualifications to continue in the selection process for this position. Do not use "see resume" or "see attached" statements on your application.
• Cover letters and resumes will not be accepted in lieu of the official State of Colorado online application. Part-time work experience will be prorated.
• Recommended attachments: Resume, Cover letter
• List your employment history starting with the most recent job, including part-time, temporary, and volunteer jobs. If more than one job was held with a given organization, list each job held as a separate period of employment.
• Information must be accurate, including dates of employment. If it is found that information provided is falsified, you will not be considered for a job with the State of Colorado and/or may be removed from a job after hire.
• The eligible list established from this posting may be used to fill additional vacancies.

Supplemental Information