Budget Analyst (FMG/PA 2)

Job Purpose

The Budget Analyst is responsible for ensuring that GOJ Non-Tax revenue estimates are monitored against actual collections. The Analyst examines revenue transfers from Ministry/Department and Agencies to the revenue accounts (Miscellaneous and Consolidated (fund) under the control of the AGD, and advises on trends, strategies and policies for more effective budget execution. The incumbent oversees the work of the Budget Officer to ensure the production of the relevant records for reports. The incumbent also ensures that the requisite annual and quarterly reports are prepared, analysed and recommendations made for improvements. 

Summary of the broad purpose of the position in relation to Government’s goals and strategies: 

• To prepare the Non-Tax Revenue Budget for the Accountant General’s Department;
• To monitor GOJ Revenue Budget Execution; 
• To post the approved GOJ Revenue Estimates on Revenue Management Module (RMM);
• To monitor Revenue estimates inflows and unclassified deposits for compliance with requirements for all receipts/revenue due to the Government. 

Key Responsibilities

Technical: 

• Provides technical advice to the Director, Revenue Management and the Assistant AG Revenue and Expenditure; 
• Reviews and analyzes Revenue estimates inflow, by ensuring compliance with the approved GOJ’s plan and other legislative mandates; 
• Administers and monitors the prompt receipt and lodgement of revenues to the relevant accounts; 
• Assists in the preparation of GOJ’s revenue projections, based on trends and information received from the MDAs, PRRs; 
• Monitors unclassified revenue deposit by ensuring compliance with regulations and rules and established policies and procedures; 
• Liaises with MOFPS to ensure Revenue Schedules for the Financial year are received, maintained and monitored; 
• Monitors and certifies Miscellaneous Revenue transfers and refunds;
• Monitors returned cheques and prepares advice letters to the Ministries;
• Prepares reports for the Ministry of Finance and the Public Service; 
• Investigates and drafts responses to audit queries; 
• Monitors revenue transit accounts for making daily sweeps to the Consolidated Fund;
• Verifies unclaimed deposits and recommends refund for approval and payment;
• Ensures that all transactions are correctly classified and receipted; 
• Prepares financial management reports, special reports, forecasts and statements on a periodic basis; 
• Prepares other ad-hoc reports as requested by the Director of Revenue;
• Acts as a Liaison Officer between the Treasury and other Government MDAs in accordance with defined procedures; 
• Acts as a Liaison Officer between the Treasury and financial institutions to resolve any related issues. 

Strategic Leadership: 

• Monitors staff compliance with relevant laws, regulations, policies, procedures and instructions governing the operations of the AGD; 
• Plans, develops, organizes, implements and evaluates the Unit's fiscal function and performance; 
• Ensures the smooth and efficient operation of the Unit through the management of daily operations; 
• Meets or exceeds Unit performance targets; 
• Deputizes for the Director, Revenue Management as, and when required. 

Human Resource Management: 

• Plans, organizes and directs the work of the Unit by overseeing the development of performance targets for the Unit and staff (Unit Operation Plan) based on the Divisional Operation Plan; 
• Ensures that the Unit’s staff have sufficient and appropriate physical resources to enable them to undertake their duties efficiently and effectively; 
• Provides leadership and guidance through effective planning, delegation, communication, training, mentoring, coaching and disciplinary action; 
• Participates in the hiring of staff for the Unit; 
• Recommends transfer, promotion, termination and leave in accordance with established Human Resource Policies and Procedures; 
• Identifies skills gaps and collaborates with the Manager, Training and Development to develop and implement staff development and Succession Plans for the Unit to ensure adequate staff capacity; 
• Monitors job specific and environmental factors, implements and promotes health and safety policies; and mitigates and minimizes workplace hazards; 
• Monitors the performance of staff and ensures effective and objective staff performance management, through timely and accurate completion of the staff appraisal process, including periodic reviews; 
• Ensures the welfare of Unit staff are clearly identified and addressed;
• Performs any other related duties that may be assigned from time to time 

Required Knowledge, Skills and Competencies

Core: 

• Good oral and written communication skills 
• Good problem-solving and analytical skills 
• Good customer focus skills 
• Results focus 
• Integrity 

Technical: 

• Good knowledge and understanding of Accounting and Reporting Practices
• Good knowledge of required Legislations, Policies and Procedures 

Managerial: 

• Strong leadership skills 
• High emotional intelligence skills 
• Strong performance management skills 
• Knowledge and experience in all areas of financial management 
• Knowledge of Accounting practices and applications 
• Knowledge of international Public Sector Accounting Standards (IPSAS)
• Knowledge of Government Accounting 

Minimum Required Qualification and Experience

• BSc. Degree in Accounting or; Management Studies with Accounting; or
• BBA Degree; or 
• ACCA Level 2; or 
• NVQJ Level 5; or 
• ASc. Degree in Accounting, MIND along with Diploma in Government Accounting, MIND and a minimum of (5) years’ experience in Accounting; 
• Experience in Budget Management; 
• Three (3) years of experience working at a supervisory level in Accounting or Finance. 

Special Conditions Associated with the Job

• Working under pressure with numerous critical deadlines; 
• Individual must have a keen eye for detail and be able to demonstrate exceptional time management.

Please note that only shortlisted applicants will be contacted.