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Budgeting Analyst Trainee 1 - Job Opportunity at New York State Department of Agriculture and Markets

Albany, United States
Full-time
Entry-level
Posted: April 21, 2025
Hybrid
USD 53,764 per year

Benefits

Comprehensive Health Insurance with Low Premium Options
Premium-Free Dental Coverage
Premium-Free Vision Coverage
New York State Pension Plan
Paid Parental Leave Program
Federal Public Service Loan Forgiveness Eligibility
13 Paid Vacation Days
13 Paid Sick Days
13 Paid Holidays
5 Personal Days
Performance-Based Salary Advancement

Key Responsibilities

Prepare and analyze agency budget estimates and forecasts
Develop program justifications and detailed expenditure reports
Monitor agency spending in assigned areas
Provide strategic support to program managers and administrators
Design alternative fiscal plans
Assess long-term resource adequacy
Supervise budget preparation support staff
Create narrative and tabular financial reports

Requirements

Education

Bachelor's degree or higher

Experience

Entry level with advancement opportunities based on experience

Required Skills

Budget estimation Financial analysis Program justification Expenditure control Staff supervision Report writing Strategic planning
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Sauge AI Market Intelligence

Industry Trends

Public sector financial management is experiencing increased demand for data-driven decision making and predictive analytics capabilities State governments are focusing on modernizing budget processes through digital transformation Growing emphasis on sustainable financial planning and resource allocation in government sectors Increased focus on performance-based budgeting and outcome measurement in public administration

Salary Evaluation

The starting salary of USD 53,764 with progression to USD 85,138 is competitive for public sector financial roles in the Northeast region, particularly considering the comprehensive benefits package and clear advancement path

Role Significance

Likely part of a 5-10 person fiscal management team based on typical state agency structures
Entry-level position with structured advancement path to senior analyst level within two years, indicating strong professional development focus

Key Projects

Annual budget preparation and justification Long-term financial forecasting and planning Program performance evaluation and resource allocation Agency expenditure monitoring and control systems Financial process improvement initiatives

Success Factors

Strong analytical capabilities and attention to detail Ability to communicate complex financial information clearly Understanding of public sector budgeting principles Adaptability to changing regulatory requirements Collaborative approach to working with program managers

Market Demand

High demand with stable growth prospects due to ongoing public sector modernization initiatives and increasing complexity of government financial management

Important Skills

Critical Skills

Financial Analysis: Essential for budget preparation and monitoring Communication: Key for explaining complex financial data to stakeholders Strategic Planning: Crucial for long-term resource allocation Public Sector Accounting: Fundamental for government financial operations

Beneficial Skills

Data Analytics: Growing importance in modern public finance Project Management: Valuable for coordinating budget cycles Policy Analysis: Helpful for understanding program impacts Sustainability Planning: Emerging focus in public sector finance

Unique Aspects

Structured traineeship program with guaranteed advancement
Clear salary progression path
Combination of financial analysis and public policy impact
Strong professional development support system
Direct involvement in state-level agricultural policy implementation

Career Growth

Structured two-year progression to Senior Analyst with further advancement opportunities based on performance

Potential Next Roles

Senior Budget Analyst Financial Manager Fiscal Policy Analyst Budget Director Public Finance Administrator

Company Overview

New York State Department of Agriculture and Markets

The NY State Department of Agriculture and Markets is a vital agency responsible for fostering agricultural economic development and ensuring food safety across the state

Leading state-level agricultural regulatory and development agency with significant policy influence
Central role in Northeast regional agricultural policy and economic development
Professional government environment with emphasis on work-life balance and professional development
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