Job AnnouncementBudget ManagerPrimary Function:The Budget Manager is responsible for and oversees all aspects of budget formulation, execution, analysis, and reporting, ensuring fiscal responsibility and efficiency within the organization.
Essential Duties and Responsibilities:Reporting to the Deputy CFO, the following duties and responsibilities noted are the essential functions of the job.
- Lead the entire budgetary process, including formulation of templates, execution, program budgeting, upload to ERP, and analysis, to enhance fiscal responsibility and accountability.
- Collaborate closely with internal departmental stakeholders to develop comprehensive monthly, quarterly, and annual spending plans aligned with organizational goals.
- Provide expert guidance on budget formulation and execution to non-financial teams, fostering cross-departmental collaboration and understanding of budgetary processes.
- Prepare detailed budget requests, including resource requirements and narrative justifications, for submission to Senior management.
- Monitor expenditures and obligations against budget plans, identifying trends, variances, and potential risks, and develop proactive recommendations to address challenges.
- Maintain and distribute weekly cashflow reports
- Conduct regular reviews of staffing numbers and their impact on budgetary allocations, making strategic adjustments as necessary to optimize resource utilization.
- Conduct in-depth analysis and prepare comprehensive analytical reports for Senior management's consideration in resource allocation and decision-making processes.
- Prepares monthly reports for funder, USAGM, including Statement of Disbursements (SODs), the SF-425, Quarterly Vacancy Report, and annual Financial Plan (Potluck).
- Train and educate Departmental Heads and/or budget owners.
- Prepare and distribute monthly and quarterly year-to-date financial reports (including Statement of Financial Position, Statement of Activities, and Statement of Cash Flow) as well as Budget vs Actual reports and analysis.
- Create dashboard and maintenance for Senior Leadership and Board.
- Develop and implement standardized budgeting procedures, tools, and templates to streamline processes and improve efficiency.
- Foster a culture of continuous improvement within the budgeting function, encouraging innovation and best practices.
Other Duties:The incumbent may be asked to perform additional duties and take on other responsibilities as dictated by events and circumstances.
Qualifications and Requirements:- BA/BS in accounting, finance, business, or related field.
- 5-8 years of budgeting (or related) experience required.
- Knowledge of the federal budget process; demonstrated experience with federal budgeting preferred.
- Ability to manage priorities flexibly, and excellent time management skills.
- Knowledge of cost principles, accounting principles and the ability to analyze comprehensive cost and pricing data.
- Excellent written, verbal, and interpersonal skills to build and maintain professional relationships at all levels, both inside and outside the organization.
- Strong problem solving and analytical skills.
- Sound computer skills, including advanced Excel skills and Deltek Costpoint accounting software.
- Able to maintain confidentiality in all business matters.
