New

Budget Analyst

22nd Century Technologies, Inc.
Pay Rate: $33.00/hr. on W2
United States, Vermont, Montpelier
Jul 16, 2025
Job Title: Budget Analyst Job Type: Contract (12+ Months) Hours: Monday to Friday Full time, 37.5 hours a day \| 7:45AM - 4:30PM Client: State of Vermont Location: Montpelier, VT 05604 Pay Rate: $33.00/hr. on W2. Summary: To provide dedicated financial analysis and budget development support to IT Managers across ADS. The Budget Analysts will ensure the creation of accurate, actionable budgets aligned with strategic goals and will support continuous budget monitoring and reporting throughout the fiscal year. The Budget Analyst is responsible for supporting the development, implementation, and monitoring of organizational budgets. This role involves analyzing financial data, preparing reports, providing forecasts, and advising stakeholders to ensure sound fiscal planning and decision-making. The analyst will play a key role in ensuring budgetary alignment with strategic objectives and compliance with applicable policies and procedures. Role & Responsibilities:: Budget Development Support: Partner with IT Directors and IT Deputy Directors to develop comprehensive annual and multi-year budgets. Assist in aligning budget requests with agency priorities, operational plans, and available funding sources. Provide guidance on allowable expenditures and state financial policies and procedures. Translate technical project plans and resource needs into financial terms. Budget Monitoring and Reporting: Monitor expenditures against approved budgets and alert managers of potential overages, underspending, or reallocation opportunities. Prepare monthly, quarterly, and ad-hoc financial reports for internal and external stakeholders. Support variance analysis and financial forecasting processes. Strategic Financial Planning: Collaborate with the ADS finance team to contribute to long-term financial planning and scenario analysis. Identify trends, cost-saving opportunities, and potential financial risks. Support the development of financial metrics and KPIs for IT projects and operations. Stakeholder Engagement and Communication: Act as a liaison between IT program teams, the ADS finance department, and other stakeholders to ensure a consistent understanding of budget status, funding requirements, and financial expectations. Coordinate and communicate with external agency finance staff to support cross-agency IT budget planning, reconciliation, and reporting. Collaborate with the Department of Finance and Management (state central finance) as needed to ensure alignment with statewide financial policies, procedures, and timelines. Participate in budget meetings, project planning sessions, and performance reviews with both internal ADS teams and external partners to support transparent and informed financial decision-making. Budget Planning and Development: Assist in the preparation of annual and multi-year operating and capital budgets. Collect and analyze data from departments to support budget requests and justifications. Evaluate historical spending patterns and forecast future financial needs. Financial Analysis and Monitoring: Monitor actual expenses against approved budgets and identify variances. Provide regular financial performance reports to department heads and leadership. Assist in financial forecasting, re-budgeting, and cost-benefit analysis. Reporting and Compliance: Prepare and maintain financial reports, dashboards, and documentation for internal use and external audits. Ensure compliance with organizational policies, funder requirements, and regulatory guidelines. Support the preparation of materials for board meetings, leadership presentations, and budget hearings. Stakeholder Collaboration: Collaborate with department managers to understand financial needs and constraints. Serve as a resource for budget-related questions and training. Coordinate with finance, procurement, and accounting teams to align financial processes. Qualifications: Bachelor's degree in Finance, Accounting, Economics, Public Administration, or a related field. 2-5 years of experience in budgeting, financial planning, or fiscal analysis. Knowledge, Skills, and Abilities Strong analytical and quantitative skills with attention to detail. Proficiency in Microsoft Excel and familiarity with financial software systems. Excellent written and verbal communication skills. Ability to explain complex financial information to non-financial stakeholders. Strong organizational and time management skills with the ability to meet deadlines.