Budget Analyst

Department: Budget & Analytics

Location: Albany, NY

Posting will close by July 19, 2024 or when 75 applications are received.

Position Summary

The Budget and Analytics department develops, facilitates, and delivers quality processes and information for budget development, budget control, and financial analysis to enhance organizational decision making. Budget and Analytics provides outstanding customer service and comprehensive and informed data to ensure fiscal integrity in support of NYSTRS- mission, vision, values, and strategic objectives, while providing transparency to its members and Board of Trustees.

Minimum Qualifications

• Bachelor-s degree in computer science, accounting, finance, business administration or a related field

• One year of professional experience working in an office setting

Preferred Qualifications

• One-year practical experience performing account reconciliations, analysis, and operational/capital budget preparation and review

• Demonstrated competency with Microsoft Excel and data analysis

• Advanced computer skills, including willingness and ability to learn new applications

• Detail oriented, with excellent communication and interpersonal skills

• Commitment to provide exceptional customer service

• Experience with Office 365, Workday, PeopleSoft, ServiceNow, SharePoint, and Smartsheet

• Demonstrated ability to analyze financial data and develop moderately complex reports for forecasting and results analysis

Work Modality

This position is subject to a hybrid work schedule.

Job Duties

The primary responsibilities of the Budget Analyst include, but are not limited to, assisting in preparing and monitoring the System-s operating budget, analyzing and interpreting budgetary information to assist in decision making, and participating in other projects and studies:

• Function as part of a team to coordinate and prepare the System-s annual operating budget, business initiatives and performance metrics plan

• Gather information on prior year(s) spending, projected funding/resource needs (i.e., salaries/benefits; capital, operating and other expenses) and budget priorities

• Work with departments to determine what resources are necessary for them to meet their service, business initiatives and operational needs

• Prepare materials to include in budget presentations

• Analyze Expense Fund expenditures and to help prepare financial projections and year-end analysis of actual expenditures

• Analyze budgetary activity, monitor actual spending, and report on results against operating budget/plan

• Develop models or projections by studying past results, relationships, and data to anticipate future trends and events

• Assist departments with workforce planning by preparing position plans and organizational charts

Other Duties and Responsibilities:

• Review Administrative Fund contracts for budgetary compliance and impact.

• Work collaboratively across the System, including with Finance, Human Resources, Diversity, Equity, and Inclusion, and Information Technology- Business Solutions on other projects, as needed.

Salary Grade

This position is a Grade 15

Salary Range

$62,848 to $82,001

Job Type

Confidential

EEO STATEMENT

At NYSTRS, diversity, equity, and inclusion are integral to our mission of providing our members with a secure pension and exceptional customer service. We are committed to fostering an inclusive and equitable culture where all diversity is valued and recognized as a source of strength and enrichment across all operations.

NYSTRS is proud to provide equal opportunities to all employees and qualified applicants without regard to race, color, religion, creed, sex, gender expression or identity, national origin, age, ability and disability status, veteran status, marital status, pregnancy status, sexual orientation, citizenship, or any other legally protected class. We are committed to being a workplace that attracts, supports, and retains talented individuals from diverse backgrounds and experiences while championing equal opportunity across recruitment, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

All applications to NYSTRS should be done via our website (https://nystrs.hrmdirect.com/employment/job-openings.php?search=true&dept=-1&city=-1&state=-1) . NYSTRS will never ask you to submit private information via email or direct you to submit private information to another site as part of our recruitment process.