Budget & Policy Analyst IV - Denver

This position is only open to Colorado state residents.

New employees to the State will be paid biweekly. There are 26 biweekly pay periods in a year. 

About CDOT 

CDOT employees make a difference by providing freedom, connection, and experience to the traveling public, while also keeping them safe. The State of Colorado offers competitive medical, dental and vision insurance, life and disability insurance, and flexible spending and health savings accounts. Visit the State of Colorado benefits for details, current premium rates and a summary video about benefits. The state also offers PERA retirement, great optional PERA plans such as 401K, a generous paid time off package of annual, sick, holiday and other leave, strong career growth, tuition reimbursement and professional development. Perks include Colorado Employee Assistance Program (CSEAP) counseling, wellness, credit union membership and employee discount program. Visit CDOT Benefits for details. Some positions may qualify for Public Service Loan Forgiveness.

CDOT for All

CDOT’s strength is our people, and our commitment to our people is to shape, support, and sustain the employee experience, and ultimately, create a supportive workplace where everyone, regardless of gender, race, ethnicity, religion, national origin, age, sexual orientation, gender identity, citizenship status, education, disability, socio-economic status, or any other identity, has the opportunity to thrive.

The eligible list created from this announcement may be used to fill current and future vacancies for a period of up to 6 months.

About the Unit
The Budget & Policy Analyst IV works in the Colorado Department of Transportation's (CDOT's) Office of Financial Management and Budget (OFMB) within the Division of Accounting and Finance (DAF). OFMB is responsible for the overall financial management of CDOT. OFMB forecasts revenue and cash balances; develops and manages the budget for all CDOT organizations, programs and Federal-aid projects; analyzes pending legislation for potential fiscal impacts; develops and submits the legislative budget; helps manage the debt of CDOT and the Enterprises; manages spending authority in the Colorado Operations Resource Engine (CORE); manages the CO State Infrastructure Bank (SIB) Program; provides ad hoc financial analysis and develops the CDOT budgetary forms and procedures. Information developed by OFMB is utilized by the Executive Management Team (EMT), the Transportation Commission (TC), the Governor's Office, the Office of State Planning and Budgeting (OSPB), the Joint Budget Committee (JBC), the Legislative Council, legislative committees, the Federal Highway Administration (FHWA), the Federal Transit Administration (FTA), Local governments, and the general public.
 
About the Position 
The Budget & Policy Analyst IV serves as a Subject Matter Expert/Staff Authority for CDOT’s transportation revenue program and provides advanced financial and fiscal analysis to support Department decision-making. The position is responsible for developing, maintaining, and improving the Department’s short- and long-term revenue forecasting models, including the annual revenue forecast and monthly cash model, and for analyzing revenue trends, assumptions, and forecast changes. The position develops financial models and scenario analyses to evaluate the fiscal and policy implications of proposed changes to transportation funding, fees, taxes, and other revenue sources and provides analysis and recommendations to Executive Management and other stakeholders.

The position also provides detailed revenue reporting and analysis, including monitoring and reconciling actual revenues to forecasts, evaluating variances, and communicating the financial implications of changes in revenue. During the legislative session, the position performs fiscal analysis of proposed legislation, develops and reviews fiscal note responses, and evaluates potential revenue, expenditure, workload, and other financial impacts to the Department. The position also provides technical support for the development and review of the Department’s annual and legislative budget submissions, including analysis of budget requests, revenue assumptions, and other financial information.

Your duties and responsibilities will include, but are not limited to, the following:
 
Revenue Forecasting and Financial Modeling

State Transportation Funding

Support Legislative and Annual Budget Submissions

Fiscal Analysis

Other duties as assigned,
 
Work Environment

Minimum Qualifications
 
Experience Only
Must total at least 8 years and include:

OR

Education and Experience:

A combination of relevant education and experience equal to at least 8 years

 Professional work experience where the primary purpose of the position where the primary purpose of the position was revenue forecasting, financial modeling, fiscal analysis, budget analysis, budget development and implementation, policy development and implementation, or public or private sector management or administration that included any of the following: revenue forecasting, financial modeling, fiscal analysis, budget analysis, budget development and implementation or policy development and implementation will be considered.

Substitution
Current, valid licensure as a CPA by the Colorado Board of Accountancy will substitute for four years of education and two years of the required experience (6 years).
 
Please Note: The required experience must be substantiated within the work experience section of your application. “See Resume” statements on the application or resumes in lieu of a complete application may not be accepted. Additional information submitted after the closing date of this announcement will not be considered in the review of your application. In addition, part-time work will be prorated.

College Transcripts: If you are using education to qualify, a legible copy of your official or unofficial college transcript(s) or an official foreign credential evaluation report must be submitted with your application. Transcripts must show the name of the school, completed credit hours, and (if applicable) that a degree was conferred. Transcripts from colleges or universities outside of the United States must have been assessed for U.S. equivalency by a NACES educational credential evaluation service. The credential evaluation report must be an official report. Failure to provide a transcript or official foreign credential evaluation report may result in your application being rejected and you will not be able to continue in the selection process for this position.

Conditions of Employment

Preferred Qualifications

The exceptional applicant will be an experienced budget and policy analyst with proven ability or accomplishment in the following:

• Demonstrated success with the duties listed in the Description of the Job section;
• Years of State service experience related to the duties of this position;

• High ethical standards, personal integrity, and a commitment to professional conduct;
• Knowledge and comprehensive understanding of the theories, principles, and best practices of public administration, government budgeting, and accounting, including generally accepted accounting principles (GAAP) and applicable federal, state, and Department regulations;
• Comprehensive knowledge and experience in financial analysis, governmental budget processes, and policy analysis, including analyzing legislation and determining potential fiscal impacts ;
• High-level expertise in financial forecasting, statistical analysis, and financial modeling, including the ability to develop, analyze, and report financial and performance data;
• Experience forecasting state transportation revenues, including analyzing revenue trends, developing and maintaining short- and long-term forecasting models, and evaluating the financial impacts of changes in revenue assumptions, legislation, and economic conditions;
• Experience developing financial models and conducting fiscal analysis of proposed legislation, including estimating revenue impacts, evaluating alternative funding scenarios, and preparing fiscal note responses or similar analyses for decision makers;
• Experience using financial systems, including SAP financial modules;
• Ability to produce accurate, comprehensive, and technically detailed analytical documents under tight deadlines; adapt to changing assignments; and maintain strong attention to detail and accuracy;
• Excellent reasoning, investigative, analytical, and problem-solving skills, including the initiative to independently identify issues and develop innovative solutions;
• Proven ability to manage multiple assignments, priorities, and projects in a demanding environment, with strong organizational, time management, and project management skills;
• Excellent written and oral communication skills, including the ability to facilitate discussions, deliver presentations, and explain complex financial and policy issues clearly to different audiences;
• Ability to work effectively both independently and collaboratively as part of a team;
• Ability to build and maintain effective working relationships with public and private organizations, special interest groups, elected and appointed officials, and other stakeholders, including navigating politically sensitive situations and being responsive to stakeholders' needs, priorities, commitments, and concerns;
• Fluency in Microsoft Office Suite (Word, Excel, PowerPoint), Gmail and Google Applications, and the ability to quickly learn other software systems.

Applicant Checklist

Complete Applications must include the following documents:

1. A complete CDOT Application for Announced Vacancy (please submit online using the green 'APPLY' button at the top of this announcement)

2. A complete Supplemental Questionnaire (The questionnaire is part of the online application. You will be prompted to answer them as you are completing your online application.)

3. A cover letter that describes your interest in this position, how your experience aligns with the minimum and preferred qualifications of this position. Cover letters must be uploaded as an attachment to your online application. Cover letters will not be accepted after the closing date and time of the announcement. 

4. A detailed chronological resume. Resumes must be uploaded as an attachment to your online application. 

5. If you are a veteran, a copy of your DD214. Please submit this as an attachment to your online application.

Please note that you may redact information on your attachments that identifies your age, date of birth, or dates of attendance at or graduation from an educational institution.

Only complete applications submitted by the closing date for this announcement will be given consideration. Every effort must be made to submit all application materials by the announcement close date. Where unusual circumstances prevent timely acquisition of transcripts, they must be submitted within five business days of the announcement close date. Resumes will not be accepted in lieu of a completed application. Failure to submit properly completed documents by the closing date of this announcement may result in your application being rejected.

The State of Colorado strives to create a Colorado for All by building and maintaining workplaces that value and respect all Coloradans through a commitment to equal opportunity and hiring based on merit and fitness.

The State is resolute in non-discriminatory practices in everything we do, including hiring, employment, and advancement opportunities.

Notifications:

All correspondence regarding your status in the selection/examination process will be via email. Include your current working email address on your application and check your email frequently as you could receive time sensitive correspondence regarding this position. We highly recommend that you set up your email to accept messages from "state.co.us" and "[email protected]" addresses. It is your responsibility to ensure that your email will accept these notices and/or review your junk mail and spam filtered email. Immediately after you submit your application you should receive an email that confirms that you successfully submitted an application for this position. If you do not, try submitting again until you receive the confirmation email. Be sure to also check your junk folder for email communications from the State of Colorado's website.

The Hiring Process:

1. All applications that are received by the closing of this announcement will be reviewed against the minimum qualifications in this announcement. Candidates who meet the minimum qualifications proceed to the next step. 

2. Colorado Revised Statutes require that state employees are hired and promoted based on merit and fitness through a comparative analysis process.

• Part, or all, of the comparative analysis for this position may be a structured application review, which involves a review of the information you submit in your application materials by Subject Matter Experts (SMEs) against the preferred qualifications.

• Be sure your application materials specifically address your qualifications, experience, work products, and accomplishments as they relate to the Major Duties, Minimum Qualifications, and Preferred Qualifications sections as listed above. Failure to include adequate information or follow instructions by the deadline for application may result in your application not being accepted for this position and may affect your inclusion as a qualified candidate in any step of the selection process and placement on the eligible list. 

3. A top group, up to six candidates, will be invited to schedule an interview with the hiring manager.

Transfer, Non-Disciplinary Demotion or Reinstatement 

If you believe that you are eligible to be considered as a transfer, non-disciplinary demotion, or reinstatement to this vacancy, you must submit a completed application following the directions in this job announcement and you will be included in the selection process along with other qualified applicants. If you are the finalist for this position after the selection process, Human Resources will confirm your eligibility to be appointed as a transfer, non-disciplinary demotion, or reinstatement applicant. 

Employment Screening

If an applicant reaches the finalist stage of the hiring process, the Colorado Department of Transportation may procure a consumer report and/or investigative consumer report on the applicant in connection with his/her application for employment purposes, as defined under the Fair Credit Reporting Act. These reports may be obtained at any time after receipt of the applicant's authorization. As part of the employment screening an applicant will be requested to disclose any deferred judgments and convictions as well as an explanation of the circumstances around any arrest or conviction. In the event that a screening returns information that the applicant believes is not accurate, he or she will have an opportunity to dispute the information with “Accurate.

”Accurate, a consumer reporting agency, will obtain the report for CDOT. Further information regarding Accurate including its privacy policy, may be found online at www.accurate.com. Accurate is located at 200 Spectrum Center Drive Suite 1100, Irvine, CA  92618. The report may contain information bearing on the applicant's character, general reputation, personal characteristics, and mode of living.  

The information that may be included in the report includes social security number trace, criminal records check, public court records checks, educational records, and driving records checks. CDOT will only request credit reports insofar as they relate to the position for which the applicant is applying. The information contained in the report will be obtained from private and/or public record sources. The applicant will have the right, upon written request made within a reasonable time after receipt of a notice, to request disclosure of the nature and scope of any investigative consumer report.

Appeal Rights

If you receive notice that you have been removed from consideration during the selection or comparative analysis process for this position, you may file an appeal with the State Personnel Board and/or request a review by the State Personnel Director. A standard appeal form is available on the State Personnel Board website, https://spb.colorado.gov/forms-and-filing. If you appeal, your appeal must be submitted in writing on the official appeal form, signed by you or your representative, and received at the following address within ten (10) days of your receipt of this notice: Colorado State Personnel Board/State Personnel Director, Attn: Appeals Processing, 1525 Sherman Street, 4th Floor, Denver, CO 80203. Fax: 303-866-5038. Phone: 303-866-3300. Email address: [email protected]. The ten-day deadline and these appeal procedures also apply to all charges of discrimination. Refer to Chapters 4 and 8 of the State Personnel Board Rules and Personnel Director's Administrative Procedures, 4 CCR 801, for information about the appeals process. The State Personnel Board Rules and Personnel Director's Administrative Procedures are available at spb.colorado.gov. 

ADAAA Accommodations

CDOT is committed to the full inclusion of all qualified individuals. As part of this commitment, our agency will assist individuals who have a disability as defined by the ADA Amendments Act of 2008 (ADAAA) with any reasonable accommodation requests related to employment, including completing the application process, interviewing, completing any pre-employment testing, or participating in the employee selection process, and/or to perform essential job functions where the requested accommodation does not impose an undue hardship. If you have a disability and require reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to Lynn Livingston at

[email protected]

Former State Employees

Former employees of the Colorado Department of Transportation System or any other State of Colorado Department or Agency, who were disciplinarily terminated or resigned in lieu of termination, must disclose this information on his/her application.

LL(SAP #50005020/PCR #68071)