Multi-Modal Financial Analyst (Budget and Policy Analyst III)

Summary

Description

This position additionally coordinates Enterprise budget activities with the CDOT Department of Accounting and Finance, Program Directors and Engineers;  provides ongoing verbal and written communications to Enterprise decision makers and the Department's Executive Management; produces materials (memos, presentations) for the Transportation Commission, the CTIO Board of Directors, and the Bridge Enterprise (BE) Board of Directors on a regular basis; supports Business Process Experts in enterprise-level financial reporting (SAP, etc.) ; leads. meetings that result in clear milestones and deadlines; works with CDOT business managers and engineers on project budget management and coordinates with Deputy on changes/updates, etc.; implements budget actions and ensures all steps in the budget process are followed

Your duties and responsibilities will include, but are not limited to, the following

Enterprise Financial Management and Budget Analysis

• Accurately completes and maintains the High Performance Transportation Enterprise budget.

• Develops and implements the annual Enterprise work plan budget and submits the work plan by the Colorado Department of Transportation's (CDOT's) Office of Financial Management & Budget’s deadlines. 

• Assists in revenue forecasting, resource allocation, and legislative analysis to ensure all financial information is accurate and consistent. Directs and coordinates the timing of these processes to ensure that information is provided as required by statute and federal law.
• Manages the multiple Enterprise funding sources and recommends how each project should be funded 
• Addresses changes in policies and programs at the Federal, State and Local levels and their impacts to construction projects. 
• Designs and implements budget controls to assure compliance with the Enterprise Board’s and Transportation Commission’s allocation of funding resources, Executive Management and statutory requirements.
• Ensures funds are allocated appropriately and used in the most effective manner to meet the goals of Enterprise.

Enterprise Program Projects

• Collaborates with management and staff throughout the Department to ensure qualified projects are proactively managed. Monitors project funding, and ensures all parties are up to date on the status. 
• Conducts initial project planning and analysis, including analyzing potential funding sources and uses to negotiate with the Department's regions and planning partners, coordinate with Office of Financial Management & Budget Team, the Department's engineers and business office, and Enterprise staff.
• Coordinates funding for Enterprise projects that are combined with non-enterprise projects for construction.
• Monitors project spending to ensure the correct funding sources are being expended in the correct order, especially related to bonding and other financing requirements.
• Sets up spending priorities in SAP to ensure funds are spent in the order most advantageous to the Department.
• Fields  requests for budget increases or decreases and follows proper procedures and policy directives to accommodate requests.
• Reviews projects nearing completion and negotiates with regions to determine excess funds that can be returned to budget pools for other Department priorities.
• Manages the annual calculation of federal toll credits and communicates results to FHWA and CDOT Executive Management.
• Reviews and provides input on vendor proposals when solicitations are issued for services.

Annual Enterprise Operating Budgets

• Develops, presents, and manages the annual operating budget for the High Performance Transportation Enterprise with oversight from the Deputy.
• Follows the annual work plan-based budget process and ensures compliance with all deadlines.

Materials for Transportation Commission, Enterprise Board, and Executive Management Team

• Prepares materials for the Transportation Commission and the High Performance Transportation Enterprise Board of Directors, on a monthly basis, as well as at the requests of the Executive Management Team including draft and final annual budgets, revenue reconciliation reports, and various other supplementary materials. 
• Works with members of CDOT's Office of Financial Management and Budget, the Enterprise team, and Accounting to complete all supporting tables and provide clear analysis.  

Other duties as assigned.

Work Environment 

• Your schedule will primarily be 8:00 am – 5:00 pm work hours, Monday-Friday, but we are flexible to meet your work/life balance needs while ensuring CDOT business needs are met.
• You will likely work a hybrid schedule with a combination of in-office and remote work.

Requirements

Experience Only:

• 7 years of full-time professional experience in finance, accounting, economics. business administration, public administration or other experience closely related to the major duties of this position, which included:
  • At least 3 years of experience with a primary focus on budget analysis, budget development and implementation, financial policy development and implementation and/or public or private sector management/administration that included budget formulation, execution, and analysis.

OR
   
   Education and Experience:

• A combination of relevant education and experience that equals 7 years.
  • Education from an accredited college or university with coursework in accounting, finance, economics, business administration, public administration, or another field of study closely related to the major duties of this position will be considered.
  • Full-time professional experience with a primary focus on budget analysis, budget development and implementation, financial policy development and implementation and/or public or private sector management/administration that included budget formulation, execution, and analysis will be considered.

OR

A combination of  Colorado Certified Public Accountant (CPA) Licensure and education or experience totaling at least 7 years.

• Current, valid licensure as a Certified Public Accountant (CPA) by the Colorado Board of Accountancy will substitute for 6 years of the required education/experience. 
• Education from an accredited college or university with coursework in accounting, finance, economics, business administration, public administration, or another field of study closely related to the major duties of this position will be considered.
• Full-time professional experience a primary focus on budget analysis, budget development and implementation, financial policy development and implementation and/or public or private sector management/administration that included budget formulation, execution, and analysis