BUDGET ANALYST

BUDGET ANALYST

State of Arkansas - 3.4 Little Rock, AR Job Details $57,351 - $84,879 a year 1 day ago Qualifications Resource allocation Financial forecasting Economics Financial model construction Variance analysis Financial model development Financial transaction processing Vendor management Bachelor's degree in finance Regulatory compliance Data analysis skills Bachelor's degree in economics Mid-level Financial performance report preparation Bachelor's degree in business administration Finance Analysis skills Managing budgets in a finance role Bachelor's degree Accounting Accounting and finance experience Financial regulatory compliance Business Administration Bachelor's degree in accounting Business 2 years Accounting Organizational budget management

Full Job Description Date:

May 12, 2026

Req ID:

57221

Location:

Little Rock, AR, US, 72202

Category:

DEPT OF WORKFORCE SERVICES

Anticipated Starting Salary:

$57,351.01 Position Summary The Budget Analyst will assist in preparing and organizing the state's annual budget by gathering financial data, creating projections, and analyzing historical data to ensure accurate and effective budget planning. Collaborate with department managers to gather relevant data for the creation of department-specific budgets, ensuring alignment with overall state financial goals. Prepare budget reports and present financial summaries to support strategic decision-making for budget allocations. Conduct financial analysis to determine budget trends .and help identify areas for cost-saving or reallocation of resources. Prepare and maintain financial reports that detail the department's budgetary status, including income, expenditures, and forecasts. Ensure the department's budget complies with relevant laws, regulations, and policies regarding financial management and reporting. This position requires on-site employment with no remote or hybrid options available. Job Responsibilities and Expected Results Monitors expenditures and appropriations in AASIS. Assists with the AOP and Biennial Budget process for designated programs. Prepare monthly financial reports for designated programs. Providing financial analysis and strategic input to facilitate high-level decision-making by management. Communicates complex cost accounting concepts to management and staff. Reports and explains cost allocations and budget decisions to internal and external stakeholders. Process payments for grant recipients. Assists with setting up vendors in AASIS and resolving payment issues. Other duties as assigned.

Position Information Job Series:

Budget Classification:

Budget Analyst -

Career Path Class Code:

FBU01

P Pay Grade:

SGS07

Salary Range:

$57,351- $84,879 Job Summary The Budget Analyst plays a vital role in assisting with the development, implementation, and analysis of a department's budget. This position supports the preparation of financial documents, ensures compliance with state regulations, and monitors departmental spending to optimize the allocation of state resources. The Budget Analyst will work closely with senior financial staff and department heads to provide insights into budgetary performance and make recommendations for improvements. Primary Responsibilities Assist in preparing and organizing the state's annual budget by gathering financial data, creating projections, and analyzing historical data to ensure accurate and effective budget planning. Collaborate with department managers to gather relevant data for the creation of department-specific budgets, ensuring alignment with overall state financial goals. Prepare budget reports and present financial summaries to support strategic decision-making for budget allocations. Conduct financial analysis to determine budget trends, and help identify areas for cost-saving or reallocation of resources. Prepare and maintain financial reports that detail the department's budgetary status, including income, expenditures, and forecasts. Ensure the department's budget complies with relevant laws, regulations, and policies regarding financial management and reporting. Knowledge and Skills Strong analytical and problem-solving skills to assess financial data, identify trends, and make recommendations for improving budget performance. Ability to perform detailed variance analysis and explain the underlying causes of budget discrepancies. Competence in developing financial models and forecasts to project future budgetary needs. Exceptional attention to detail to ensure that financial data is accurate and budgetary decisions are well-supported by reliable information. Ability to identify errors or inconsistencies in financial data and correct them before they affect the budget process. Solid understanding of government budgeting processes, accounting principles, and financial regulations. Minimum Qualifications A bachelor's degree in accounting, finance, business administration, economics, or a related field is required, plus two (2) years of experience in budgeting, financial analysis, or a related financial management field. Satisfaction of the minimum qualifications, including years of experience and service, does not entitle employees to automatic progression within the job series. Promotion to the next classification level is at the discretion of the department and the Office of Personnel Management, taking into consideration the employee's demonstrated skills, competencies, performance, workload responsibilities, and organizational needs. Licensure/Certifications

N/A OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW

COMMITTEE.