HCD Financial Manager II/Director Capital Budget (077503)

The Director of Capital Budget manages the DHCD capital budget within the Division of Finance and Administration (DFA).  This position reports to the Deputy Director of DFA for Budget.  The primary responsibilities the Director of Capital Budget include (1) annual formulation of capital budget request to DBM and presentation during budget and legislative hearings; (2) tracking of actual expenditures against the budgeted amounts monthly with quarterly reporting and reconciliation with the DFA Finance and Accounting unit; (3) review and approval of capital budget expenditure requests; (4) communication and data interface with the DFA Finance and Accounting unit; (5)  annual budgetary closeout procedures, reconciliation with actual records and processing of budget amendments and other budget requests; (6) data 

interface into the DBM budget management systems, budget progress report by source of funds and program; (7) supervision of Capital Budget Controller and management of the capital budget analysts; (8) comprehensive analysis and reporting to internal management and DBM; (9) DFA fiscal note liaison in charge of coordinating fiscal notes responses and assisting/providing fiscal impact of legislation sent by DLS to DHCD.

This position manages, develops and updates budgetary procedures and guidelines to ensure budgetary sufficiency and compliance, develops and implements tools and reporting used for planning, forecasting, monitoring. The Director of Capital Budget makes budget recommendations to DFA leadership team, and is involved in the management, operation and coordination of capital budget activities with multiple programmatic and business units in the Department requiring advanced communication skills, an understanding of multiple technical areas including real estate and business project financing including all applicable content areas, i.e. loan/grant underwriting, insurance, compliance and asset management, grant/loan agreements and required reporting, debt management, compliance with State and Federal regulations.