Senior Budget Analyst (NMDVS #10108838)

Posting Details

Interviews to be conducted within two weeks after job posting has ended.
Why does the job exist?

This position is assigned to the Administrative Services Division and works closely with the CFO and financial staff to maintain operating budgets for the agency, while providing oversight of individual division budgets. They will ensure that the annual operating budget and appropriation request for the agency is submitted accurately and in a timely manner. They will provide budget analyses reports throughout the year to remain compliant to the state and federal grant regulations. This position is responsible for weekly budget projections, fund reconciliations, and trial balance financial reports.

The position will prepare BARS, budget journals and journal entries. They will, at times, train other financial staff on budget management and oversight of program funds. This position will assist division staff with forecasting future budgetary needs. They will monitor revenues and expenditure to include multiple types of funding sources. The position will track all fiscal assets, including but not limited to, computer and IT inventory, furniture, equipment and proper purchasing and disposal processes of all items. This position will assist with the agency's annual external audit.
How does it get done?

Budget Preparation, Execution and Analysis

• Prepare and maintain complex budget spreadsheets that incorporate all allowable and available funding sources to support ongoing management of the agency¿s budget throughout the fiscal year. Review budget estimates for accuracy, completeness, and compliance with applicable policies, procedures, and regulations.
• Monitor budget performance and analyze financial and accounting reports to maintain expenditure control and ensure proper allocation of funds. Identify funding needs and availability at the project and agency level to support sound fiscal decision-making.
• Develop revenue and expenditure forecasts, analyze financial trends, and prepare division budget balance reports and agency-wide budget projections to support planning and executive decision-making.
• Prepare and submit Budget Adjustment Requests (BARs), Budget Reallocation Forms (BRFs), and CAPBUDs, including drafting DFA-required BARs to move funds between categories in accordance with appropriation end dates and project requirements.
• Assist in development of agency appropriation requests and annual operating budgets. Input division budgets within the BFM system (Level 1 or higher user), ensuring accuracy, consistency, and compliance with state financial policies.
• Prepare and present financial reports, dashboards, and briefings for leadership to support operational and strategic decision-making. Collaborate with the CFO, division directors, and program managers on financial planning.
• Complete payroll reconciliations.
• Create journal entries and make corrections in the SHARE financial system.
• Provide guidance, training on budget reports to division financial staff.
• Analyze proposed legislation and policy changes for fiscal impact. Support the agency in preparation for budget hearings, legislative sessions, and meetings with oversight agencies (e.g., DFA, LFC).
• Assist with year-end close activities, financial schedules, reporting requirements, and special projects. Perform other position related duties as assigned.

Who are the customers?

NM Department of Veterans Services Agency, Divisions, staff and external agencies.
Ideal Candidate

NM Department of Veterans Services Agency, Divisions, staff and external agencies.
Minimum Qualification

Bachelor's degree in Accounting, Finance, Business Administration, or related field and one (1) year of experience performing budget preparation, financial document preparation and management, policy/program analysis, budget monitoring, governmental accounting, and/or federal grant reporting. Any combination of education from an accredited college or university and/or direct experience in this occupation totaling five (5) years may substitute for the required education and experience.
Working Conditions

Work is performed in an office setting with exposure to Visual/Video Display Terminal (VDT) and extensive personal computer and phone usage. Some sitting, standing, bending and reaching may be required.
Supplemental Information

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Agency Contact Information: Danelle Lucero, CFO/ Acting ASD Division Director Email

For information on Statutory Requirements for this position, click the Classification Description link on the job advertisement.

Bargaining Unit Position

This position is not covered by a collective bargaining agreement.