This class is responsible for developing and recommending plans for diverse fiscal studies, analyzing data, evaluating options and recommending alternatives impacting an agency's overall fiscal position.
Nature and Scope
A class incumbent functions under the direction of a technical superior. Work is reviewed upon completion. Assignments involve analysis of past and present financial operations and estimates of future revenues and expenditures to provide management with information necessary for the development of the Department's operating budget. An incumbent analyzes legislative projects to support development of the capital improvement budget. An incumbent works closely with the accounting positions within the agency's operating divisions and with the agency's personnel staff. Other frequent contacts include staff members of the State Budget Office, Controller General's Office and the Central Payroll Office.
Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.
Compiles and analyzes financial information to support budget development.
Analyzes payroll information to assist in the development of staffing plans.
Provides analysis of programmatic impact on the agency's budget.
Works with division management/fiscal to review, prepare and monitor each division's budget.
Monitors and analyzes various legislation to determine possible impact on department's overall fiscal position.
Knowledge, Skills and Abilities
The intent of the listed knowledge, skills and abilities is to give a general indication of the core requirements for all positions in the class series; therefore, the KSA’s listed are not exhaustive or necessarily inclusive of the requirements of every position in the class.
Knowledge of accounting principles.
Knowledge of federal and state accounting policy and procedure.
Knowledge of methods used to compile, analyze and interpret financial data.
Knowledge of agency's goals and objectives.
Ability to use and explain the Delaware Financial Management System (DFMS).
Ability to explain and mediate conflicting priorities.
Ability to prepare interpretive reports based on the analysis of various financial data.
Ability to design and generate various reports via computer.
JOB REQUIREMENTS for Fiscal Analyst
Applicants must have education, training and/or experience demonstrating competence in each of the following areas:
Six months experience in accounting using Generally Accepted Accounting Principles (GAAP).
Six months experience in compiling, analyzing and interpreting financial data to ensure effective and efficient accounting of funds or to make projections for financial planning.
Six months experience in analyzing financial problems, developing alternatives, recommending and advising management on solutions.
Six months experience in interpreting laws, rules, regulations, standards, policies, and procedures.
Six months experience in narrative report writing.