Assistant Budget Officer

Description


The Washington State Investment Board (WSIB) is a dedicated global investment management organization with over $213.2 billion in assets under management. The WSIB's globally diversified portfolios are comprised of more than 18,500 holdings across 93 countries on 6 continents and in 50 currencies. The WSIB's central mandate is to maximize return at a prudent level of risk. The WSIB manages investments for 18 retirement plans for public employees, teachers, school employees, law enforcement officers, firefighters, and judges. We also manage investments for several other important public funds that benefit Washington’s industrial insurance program, colleges and universities, and developmental disability programs. The WSIB’s excellent investment performance dramatically contributes to the state’s bottom line.
To learn more about our organization and the work we do, please visit our website at sib.wa.gov and follow us on LinkedIn.
The WSIB operates in a hybrid work environment and this position should anticipate 60% of their time in the office.
This recruitment will remain open until filled, and it is in the candidate’s best interest to apply early.
The WSIB is seeking a qualified candidate to join our Operations team as an Assistant Budget Officer. The Assistant Budget Officer will help provide comprehensive and strategic management of WSIB’s budget and budget forecasting process, fiscal impact analysis, lease and facilities planning, and management of government relationships related to budget and facilities operations for the agency. This position reports to the Budget Officer and will assist in providing expert strategic budget, financial, and lease and facilities planning guidance to the Board, Chief Executive Officer (CEO), and Chief Operating Officer (COO).
The Assistant Budget Officer supports the agency’s mission to invest the funds entrusted to us with integrity, care, and skill to maximize return at a prudent level of risk through effective budget and facilities management that ensures the prudent use of state resources by the WSIB. Duties IF SELECTED FOR THIS OPPORTUNITY, YOU WILL ASSIST THE BUDGET OFFICER IN:

• Directing development and administration of the WSIB’s biennial budget, allotments, and annual non-appropriated budget.
• Conducting detailed and complex budget preparation, analysis and administration of agency budget activities.
• Presenting budget-related updates, analysis and status reports to Board members and the CEO.
• Developing the WSIB’s plans for office space, leases, and facilities planning to accommodate staff and the workplace in alignment with budget plans and growth needs.
• Ensuring compliance with agency, statewide, and federal budget policies and regulations.
• Building and maintain strong working relationships with Office of Financial Management, Office of the State Treasurer, and other state agencies vital to the WSIB’s operational and financial performance.

Qualifications COMPETITIVE APPLICANTS WILL HAVE:

• Bachelor’s degree in accounting, finance, or a related field and specific experience with public administration.
• Demonstrated professional-level experience involving complex public sector budget development and management, financial analysis, and public policy.

-OR-
The proven experience executing the duties of the role while exhibiting the following competencies:

• Expertise relating to state budget, budget policy and procedures, and accounting principles and practices.
• Mastery of leadership and influencing principles.
• Sound understanding of the legislative and political process; ability to work effectively in political environments.
• Ability to build and maintain positive working relationships with external and internal stakeholders.
• Sound understanding of strategic planning, business planning, and measurement of results.
• Ability to implement develop innovative budget solutions, quality principles, and continuous process improvements.
• Sound knowledge of WACs, RCWs, federal laws, financial policies, regulations, and procedures.
• Mastery of space planning and facilities management.
• Sound Knowledge of Certificate of Participation (COPS) financing procedures.
• Ability to present complex budget, policy and accounting information to a wide range of audiences; effective written and oral communication skills.
• Ability to negotiate and resolve conflicts.
• Ability to analyze complex financial data and determine its significance.

THE STRONGEST APPLICANT WILL HAVE:

• Expertise relating to the Washington state budget, state budget policy and procedures, and accounting principles and practices.
• Sound understanding of legislative and political process; ability to work effectively in political environments.
• Ability to develop and implement innovative budget solutions, quality principles and continuous process improvements.
• Sound knowledge of budget-related WACs, RCWs, federal laws, financial principles, regulations, and procedures.
• Demonstrated commitment to the WSIB’s core values of integrity, excellence, patience, belonging, openness, service, and innovation.

If your experience or qualifications look different from what we have identified and you think you can be successful in this position, please address this in your cover letter. Supplemental Information In addition to a complete profile, please include:

• A cover letter specifying why this position is of interest to you and how you meet the qualifications listed above. This letter should be no more than two pages.
• A current chronological resume.
• A list of at least three professional references under the profile section. References will not be contacted without the written consent of the applicant but must be submitted at the time of application.

BACKGROUND CHECK:
Prior to a new hire, a background check including education verification, credit check, and criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining applicant’s suitability and competence to perform in the position.
At the WSIB you’ll experience true work-life balance and talented, passionate co-workers focused on maximizing the investment returns for the exclusive benefit of the beneficiaries. The WSIB is a respected institutional investor and thought leader in its industry and we value diverse perspectives and life experiences. The WSIB is supportive of an H1B Sponsorship.
The WSIB is an equal opportunity employer. Women, people of color and those representing diverse ethnicities, persons of disability, persons over 40 years of age, veterans, military spouses or people with military status, and people of all sexual orientations and gender identities are encouraged to apply.
Employees may be eligible for the following benefits: Medical, Dental, and Vision for employee & dependents; Public Employees Retirement System (PERS); Vacation, Sick, and other Leave; 11 Paid Holidays and 1 Personal Holiday per year; Public Service Loan Forgiveness; Long Term Disability; Life Insurance; Deferred Compensation Programs; Dependent Care Assistance Program (DCAP); Flexible Spending Arrangement (FSA); Employee Assistance Program; Commute Trip Reduction Incentives; professional development opportunities; flexible work schedules; and participation in the Combined Fund Drive; and SmartHealth.
An overview of benefits of state employment and WSIB specifically can also be found on our website (Download PDF reader).
The WSIB is committed to the full inclusion of all qualified individuals. As part of this commitment, the WSIB will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@sib.wa.gov.