HCD Financial Manager II/Director, Operating Budget (081051)
The Director of Operating Budget manages the DHCD operating 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 Operating Budget include (1) annual formulation of operating 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 operating 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 Operating Budget Controller and management of the operating budget analysts; (8) comprehensive analysis and reporting to internal management and DBM; (9) review and approval of personnel action requests to ensure sufficient budget authority is in place, coding is accurate and funding is identified.
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 Operating Budget makes budget recommendations to DFA leadership team, and is involved in the management, operation and coordination of operating 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. underwriting, insurance, compliance and asset management, grant/loan agreements and required reporting, debt management, compliance with State and Federal regulations.