Multi-Modal Financial Analyst (Budget and Policy Analyst III) - Denver

This position is only open to Colorado state residents.

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 Work Unit

This position works in the Colorado High Performance Transportation Enterprise (HPTE) which was created in 2009 as an independent, government-owned business within CDOT but is overseen by a separate Board of Directors that includes external stakeholders from four geographic regions appointed by the Governor.  HPTE is now doing business as the Colorado Transportation Investment Office (CTIO).  CTIO is an “enterprise” for purposes of Section 20 of Article X of the State Constitution as long as it retains the authority to issue revenue bonds and receives less than 10 percent of its total revenues in grants from the state and local governments. 

In 2024, the Colorado legislature passed, and the Governor signed, SB 24-184, which significantly expanded CTIO’s responsibilities to include implementation of new fee funds, derived from vehicle rentals, which are dedicated to supporting the state’s transit and rail programs. The law specifically notes Front Range Passenger Rail and Mountain Rail between Denver and northwest Colorado as areas of focus for these project dollars. This law significantly expands CTIO’s already existing responsibilities to pursue transit and rail projects.

CTIO has the legal responsibility to aggressively seek out opportunities for innovative and efficient means of financing and delivering important surface transportation infrastructure projects in the state. It has the statutory power, among others, to impose tolls and other user fees, to issue bonds, and to enter into contracts with public and private entities to facilitate Public-Private Partnerships (P3s).

Since 2015, CTIO has been building its capacity for Express Lanes operations. CTIO currently has 176 lane miles of Express Lanes in operation and an additional 47 lane miles of Express Lanes under construction. As the operator of the Express Lanes Network, CTIO oversees the operation, maintenance, and performance of the entire Express Lanes network.

About the Position

The Budget and Policy Analyst works with the Enterprise Director and staff to keep informed about what projects are eligible for Enterprise funding and what the priorities are.  This position's main areas of focus are:  coordinating with the Deputy to create and manage the Annual Enterprise Budget; assisting in forecasting the Annual Revenues for the Enterprise; producing Budget Supplements and Amendments; reviewing Revenue Forecasting (Monthly, Quarterly, Annual, Long-Range) with the Enterprise Director. and resource Allocation (Long Range Allocations).

This position additionally coordinates Enterprise budget activities with the CDOT Department of Accounting and Finance, Program Directors and Engineers;  provides ongoing verbal and written communications to Enterprise decision makers and the Department's Executive Management; produces materials (memos, presentations) for the Transportation Commission, the CTIO Board of Directors, and the Bridge Enterprise (BE) Board of Directors on a regular basis; supports Business Process Experts in enterprise-level financial reporting (SAP, etc.) ; leads. meetings that result in clear milestones and deadlines; works with CDOT business managers and engineers on project budget management and coordinates with Deputy on changes/updates, etc.; implements budget actions and ensures all steps in the budget process are followed

Your duties and responsibilities will include, but are not limited to, the following

Enterprise Financial Management and Budget Analysis

• Accurately completes and maintains the High Performance Transportation Enterprise budget.

• Develops and implements the annual Enterprise work plan budget and submits the work plan by the Colorado Department of Transportation's (CDOT's) Office of Financial Management & Budget’s deadlines. 

• Assists in revenue forecasting, resource allocation, and legislative analysis to ensure all financial information is accurate and consistent. Directs and coordinates the timing of these processes to ensure that information is provided as required by statute and federal law.
• Manages the multiple Enterprise funding sources and recommends how each project should be funded 
• Addresses changes in policies and programs at the Federal, State and Local levels and their impacts to construction projects. 
• Designs and implements budget controls to assure compliance with the Enterprise Board’s and Transportation Commission’s allocation of funding resources, Executive Management and statutory requirements.
• Ensures funds are allocated appropriately and used in the most effective manner to meet the goals of Enterprise.

Enterprise Program Projects

• Collaborates with management and staff throughout the Department to ensure qualified projects are proactively managed. Monitors project funding, and ensures all parties are up to date on the status. 
• Conducts initial project planning and analysis, including analyzing potential funding sources and uses to negotiate with the Department's regions and planning partners, coordinate with Office of Financial Management & Budget Team, the Department's engineers and business office, and Enterprise staff.
• Coordinates funding for Enterprise projects that are combined with non-enterprise projects for construction.
• Monitors project spending to ensure the correct funding sources are being expended in the correct order, especially related to bonding and other financing requirements.
• Sets up spending priorities in SAP to ensure funds are spent in the order most advantageous to the Department.
• Fields  requests for budget increases or decreases and follows proper procedures and policy directives to accommodate requests.
• Reviews projects nearing completion and negotiates with regions to determine excess funds that can be returned to budget pools for other Department priorities.
• Manages the annual calculation of federal toll credits and communicates results to FHWA and CDOT Executive Management.
• Reviews and provides input on vendor proposals when solicitations are issued for services.

Annual Enterprise Operating Budgets

• Develops, presents, and manages the annual operating budget for the High Performance Transportation Enterprise with oversight from the Deputy.
• Follows the annual work plan-based budget process and ensures compliance with all deadlines.

Materials for Transportation Commission, Enterprise Board, and Executive Management Team

• Prepares materials for the Transportation Commission and the High Performance Transportation Enterprise Board of Directors, on a monthly basis, as well as at the requests of the Executive Management Team including draft and final annual budgets, revenue reconciliation reports, and various other supplementary materials. 
• Works with members of CDOT's Office of Financial Management and Budget, the Enterprise team, and Accounting to complete all supporting tables and provide clear analysis.  

Other duties as assigned.

Work Environment 

• Your schedule will primarily be 8:00 am – 5:00 pm work hours, Monday-Friday, but we are flexible to meet your work/life balance needs while ensuring CDOT business needs are met.
• You will likely work a hybrid schedule with a combination of in-office and remote work.

Experience Only:

• 7 years of full-time professional experience in finance, accounting, economics. business administration, public administration or other experience closely related to the major duties of this position, which included:
  • At least 3 years of experience with a primary focus on budget analysis, budget development and implementation, financial policy development and implementation and/or public or private sector management/administration that included budget formulation, execution, and analysis.

OR
   
   Education and Experience:

• A combination of relevant education and experience that equals 7 years.
  • Education from an accredited college or university with coursework in accounting, finance, economics, business administration, public administration, or another field of study closely related to the major duties of this position will be considered.
  • Full-time professional experience with a primary focus on budget analysis, budget development and implementation, financial policy development and implementation and/or public or private sector management/administration that included budget formulation, execution, and analysis will be considered.

OR

A combination of  Colorado Certified Public Accountant (CPA) Licensure and education or experience totaling at least 7 years.

• Current, valid licensure as a Certified Public Accountant (CPA) by the Colorado Board of Accountancy will substitute for 6 years of the required education/experience. 
• Education from an accredited college or university with coursework in accounting, finance, economics, business administration, public administration, or another field of study closely related to the major duties of this position will be considered.
• Full-time professional experience a primary focus on budget analysis, budget development and implementation, financial policy development and implementation and/or public or private sector management/administration that included budget formulation, execution, and analysis

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 your name, 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. 

Condition of Employment

• Must pass a pre-employment screening which may include social security number trace, criminal records check, public court records check, educational records, and driving records checks. More information in the supplemental information section.

Preferred Qualifications

The Exceptional Applicant will be a professional with proven ability or accomplishment in the following: 

• Demonstrated success with the duties listed in the Description of the Job section;
• Highest work/personal ethics and integrity;
• Knowledge and understanding of theories, principles, and best practices of public sector financial and budget management, project level budgeting, resource allocation, and annual financial reporting in a large organization;
• Comprehensive knowledge and experience in financial analysis, budgetary processes and policy analysis;
• Governmental budget analysis experience, including analysis, development and execution;
• Experience forecasting revenue;
• Knowledge and comprehensive understanding of theories, principles, and best practices of public administration;
• Ability to produce accurate and comprehensive analytical documents under tight deadlines;
• Knowledge and understanding of developing, analyzing, and reporting metric data;
• Outstanding organizational skills;
• Experience using financial SAP modules;
• Strong time and project management skills, including prioritization;
• Excellent written and oral communications skills including presentation and facilitation skills and experience;
• Ability to work under tight deadlines and be adaptable to changing assignments;
• Ability to take initiative to solve problems in an innovative manner;
• Ability to work with staff, consultants, professionals and stakeholders with sensitivity to their needs, priorities, promises made and commitments;
• Ability to negotiate mutually acceptable solutions and build consensus through give and take;
• Effective interpersonal and relationship building skills;
• Excellent reasoning, research/investigative, analytical, and problem solving ability;
• Strong attention to technical detail and accuracy;
• Ability to work effectively in independent and team situations;
• Familiarity with budgeting and project management software, including OpenGov;
• Fluency in Microsoft Office Suite (Word, Excel, PowerPoint, Access), Google, SAP, 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 using education to qualify, a copy of your official or unofficial transcript showing your name, the name of the school, all completed coursework and credit hours, degree(s) conferred (if applicable), or your official NACES accreditation. Please submit this as an attachment to your online application.
6. 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 "info@governmentjobs.com" 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 eliminated from consideration for this position, you may file an appeal with the State Personnel Board or request a review by the State Personnel Director. An appeal or review must be submitted on the official appeal form, signed by you or your representative. This form must be delivered to the State Personnel Board by email (dpa_state.personnelboard@state.co.us), postmarked in US Mail or hand delivered (1525 Sherman Street, 4th Floor, Denver, CO 80203), or faxed (303.866.5038) within ten (10) calendar days from your receipt of notice or acknowledgement of the department’s action. For more information about the appeals process, the official appeal form, and how to deliver it to the State Personnel Board go tospb.colorado.gov; contact the State Personnel Board for assistance at 303.866.3300; or refer to 4 Colorado Code of Regulations (CCR) 801-1, State Personnel Board Rules and Personnel Director's Administrative Procedures, Chapter 8, Resolution of Appeals and Disputes, atspb.colorado.gov under Rules.

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 LynnR.Livingston@state.co.us  or call 303-757-9110

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 #5085825/PCR #64169)