Budget Management Senior Manager

Job DescriptionThe Budget Management Senior Manager is responsible for overseeing FOMBs budgeting process, including the development, implementation, and monitoring of budgets. This role involves working closely with senior management and various departments to ensure accurate financial planning and adherence to the Fiscal Plan. Essential Role and ResponsibilitiesOversee the development and communication of the annual budget and fiscal plan timeline to ensure alignment with the Certified Fiscal Plan.

Monitor the implementation of the CW certified budget by government entities, as well as the execution of the certified fiscal plan for other instrumentalities, and coordinate with department heads to align the budget with organizational goals. Consolidate departmental budgets into a comprehensive organizational budget and conduct financial analyses to identify trends, risks, and fiscal impacts. Perform fiscal impact analyses and review contracts for consistency with the Fiscal Plan, ensuring all contracts and Appendix A are accurate. Monitor liquidity and report findings to the Director and Board, while ensuring adherence to budget constraints and resolving budget-related issues.

Engage with the Legislature on budget resolutions, provide overviews of budget targets, and participate in budget negotiations. Conduct budget control training for agencies and mentor staff in implementing financial measures. Collaborate with the communications team to share key messages and provide feedback on communications materials. Supervise staff to ensure compliance with projects and meet with advisors and external stakeholders as needed. Promote a positive work environment and perform other tasks as required. Key RelationshipsInternal RelationshipsDaily contact with the Directors, and staff to achieve the objectives of PROMESA.

External RelationshipsFrequent contact with advisors, government agencies, attorneys and other stakeholders as needed. Supervisory responsibilitiesThis position involves supervisory responsibility. Requirements for the positionTo successfully perform this position, an individual must be capable of performing each essential task satisfactorily. The following requirements represent the required knowledge, skills, and/or capacity. Reasonable accommodation may be made to allow individuals with disabilities to perform essential tasks. Education and ExperienceBachelor’s degree in accounting or finance; Master’s degree and/or CPA preferred. A minimum of 5 – 8 years of specific combined experience working in the government sector is preferred.

 A combination of education and experience could be considered. Strong knowledge of budgeting processes, financial reporting, financial monitoring and financial analysis techniques. Analytical and financial planning experience. Skills and CompetenciesExpertise in budget development, management, and analysis, aligning with organizational goals. Proficient in preparing financial reports and analyzing complex data to identify trends/issues. Strong analytical abilities to address challenges and apply problem-solving judgment to critical business issues.  Leadership and integrity, with the ability to adapt quickly in fast-paced environments. Excellent bilingual communication skills (Spanish and English), both oral and written.

Ability to meet deadlines, develop action plans, prioritize tasks, and manage time efficiently. Discreet handling of complex and confidential information while fostering positive relationships. Strong reading and comprehension skills for mature and tactful interactions. Adept at learning and adapting to dynamic job demands. Additional informationPhysical DemandsThe physical demands described herein represent those to be fulfilled by an employee to successfully perform the essential tasks of this position. Reasonable accommodation may be reached to allow individuals with disabilities to perform essential tasks.

While carrying out the tasks of this position, the employee is normally sitting, using his hands to hold or feel and grasp objects; the employee will often stand, walk, talk, and listen. Specific vision skills required for this job include close-up and color vision. Working environmentThe features of the working environment described herein represent those found by the employee while performing the essential tasks of the job. Reasonable accommodation may be made to allow individuals with disabilities to perform essential tasks. While carrying out tasks in this job, the employee is not exposed to the environmental conditions of work.

Noise levels in the workplace are generally low. Health, safety, and environmental requirementsThe occupant of this position must strictly comply with all health, safety and environmental policies and procedures and must actively participate in related activities of the organization. The occupant of the position will also be trained in any specific procedures and regulations applicable to the position, if needed. This description is based on a management evaluation made in accordance with the requirements and tasks of the position as of the date of preparation of the description.

This description is a general guide for the employees, managers, and colleagues, and does not include an exhaustive list of all elements and details of the job. Management reserves the right to modify this description at any time or change the tasks and responsibilities on a temporary or open-ended basis to meet objectives, timetables and recruiting goals.