Budget Analyst 2

Position overview

Budget and accounting duties

• Prepare and load the annual budget into Iowa Advantage, ensuring it is balanced before the fiscal year begins; make updates during the year to maintain balance.
• Prepare monthly revenue and expense projections, including salary projections, based on historical and current information.
• Track large expenses such as overtime, food, utilities, and medical costs; maintain internal controls over expenditures.
• Pre-audit and approve expenditures sent to the Department of Administrative Services State Accounting Enterprise for payment.
• Assign accounting codes and enter financial documents in Iowa Advantage.
• Track revenues, collect cash, enforce cash controls, and correctly account for and code revenue receipts.
• Balance local bank accounts monthly and prepare the annual institution GAAP report, applying GAAP and Department of Administrative Services requirements.
• Track fixed assets and depreciation, vehicle depreciation balances, and consumable inventories.
• Prepare invoices, track special projects, submit Targeted Small Business reports, and assist state auditors during the annual fiscal audit.
• Provide coverage for other positions during vacation, sick leave, and other absences.

Minimum qualifications

• Applicants must meet at least one of the classification's minimum qualification pathways.
• One pathway requires a four-year degree from an accredited college or university in accounting, finance, or business administration, plus two years of full-time professional budget-analysis or fiscal-management work.
• Another pathway requires two years of full-time professional budget-analysis or fiscal-management experience and a total of four years of qualifying education and/or experience.
• A master's degree in business administration or public administration pathway requires one year of full-time professional budget-analysis or fiscal-management work and a total of four years of qualifying education and/or experience.
• A state executive-branch pathway requires current, continuous experience including 18 months of full-time work as a Budget Analyst 1.
• Where specified, 30 semester hours of accredited coursework in accounting, finance, or business administration count as one year of full-time experience.