Budget Analyst, Electric - City of Lake Worth Beach

JOB SUMMARY:

This is a professional position assisting in budget development together with monthly tracking and reporting in support of the Electric Utility Department. Other activities undertaken by the incumbent in this role will include development, tracking, and reporting on each division Key Performance Indicators (KPIs), maintaining department and process performance metrics, performing data retrieval and analysis, analytics on special projects, assisting department leads with contract administration, analyzing revenues, tracking and reporting on expenditures. The incumbent will perform variance analysis and trend analysis required for continuous improvement of department operations. This work requires exercising independent judgment within established policies and procedures and is performed under the supervision of the Electric Utility’s Budget Manager while maintaining a collaborative working relationship with the City’s Finance Department.

ESSENTIAL DUTIES AND RESPONSIBILITIES:  

• Application of business and technical knowledge to serve as the liaison between Electric Utility and Finance to determine the correct course(s) of action to achieve desired results. 
• Analyzes Utility operations from financial standpoint making recommendations on efficiencies to Budget Manager. 
• Reviews data for accuracy, investigates apparent discrepancies in department data or deviations from norms. 
• Analyzes expenditure data and assists in the preparation of annual budgets, financial and operations trends analysis and budget projections. 
• Analyzes revenue tends, works with rate consultants and makes recommendations to management about rates and charges. 
• Assists in the development of the assigned department’s monthly budget reporting including elements of revenues and expenses; participates in City-wide budget preparation teams by providing data on Utility programs and documentation of budget requests. 
• Maintains and manages data files, and budget data in CLWB computer system 
• Assists with and maintains documentation of the assigned utility’s capital projects and close-out for both finance and operations. 
• Assists with managing the accounting for utility assets and property inventory. 
• Tracks OM Labor to Capitalization on monthly basis 
• Coordinate the preparation of the department’s budget and assist in the budget review process / Review and process budget transfer requests
• Performs routine budget monitoring procedures and preparation of budget reports.
• Assists with maintaining documentation of utility’s capital projects and close-out with the PMO team.
• Performs budget related work as assigned.

The examples of essential functions as listed in this classification specification are not necessarily descriptive of any one position in the class.  The omission of an essential function of work does not preclude management from assigning duties not listed herein if such functions are a logical assignment in relation to the position.

SUPERVISORY RESPONSIBILITIES:

None anticipated. However, the incumbent may lead and/or help coordinate project teams.   

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  

Functional knowledge of basic accounting, budgetary methods and techniques, data retrieval analysis using MS Office products. Candidate must be capable of participating in courses/learning contract law basics, City, State and Federal laws governing the purchasing of commodities for the City. Knowledge of computer technology and use of electronic spreadsheets and word processing using MS Outlook, Word, Excel, MS Project, etc. Ability to analyze detailed data; prepare and present reports and perform analysis of trends.  

EDUCATION AND EXPERIENCE:

Minimum an Associate Degree in Accounting or Business Administration. Preferred Bachelor’s Degree in Accounting, Finance, Business, Economics, Mathematics or related field.  Considerable knowledge of Microsoft Office Applications and Cognos Analytics experience desirable. 

(Proof of education must be uploaded with application)

PHYSICAL DEMANDS: 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT: 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job in an office environment and occasional field visits. Utility employees are essential employees and may be required to assist with pre- and post-storm related business functions such as coordination of resources and records management required to sustain recovery operations and subsequent expense tracking and reporting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

All full-time employees are considered critical in response to emergency situations and may be deemed essential as needed depending on the situation.  

Employees in this position will be required to complete the FEMA Incident Command System (ICS) Certification Levels 100, 200, 700 and 800 within the first six months of employment.   Certain positions may be required to attain additional ICS training as needed.

The job description does not constitute an employment agreement between the City of Lake Worth Beach and the employee and is subject to change by the employer as the needs of the employer and requirements of the job change.

The City of Lake Worth Beach is an Equal Opportunity Employer. In compliance with United States Equal Employment Opportunity guidelines and the Americans with Disabilities Act, this organization provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

Applicants for positions with the City of Lake Worth Beach should know and be aware of the following: 

Applicants for employment who become candidates for available employment positions should note employment is contingent upon satisfactory completion of all reference checks and pre-employment physical satisfaction. Upon request, information on the nature and scope of an inquiry will be provided under FS 119.

Furthermore, some of the job classifications within the City of Lake Worth Beach workforce are covered by Collective Bargaining Agreements with a union.  Consistent with Chapter 447 of the Florida Statutes, a bargaining unit employee has the right to join or not join the union. However, the Union is not obligated to represent a non-member.