MUNICIPAL BOND SPECIALIST / SENIOR BUDGET EXAMINERMUNICIPAL BOND SPECIALIST
DEFINITION:
Under direction, performs the work involved in the preparation, negotiation, and sale of municipal bonds; does other related duties.
NOTE: The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed.
EXAMPLES OF WORK:
Prepares and negotiates the sale of municipal bonds.
Coordinates activities concerned with financial and bonding issues for a municipal government.
Conducts analyses, research, and surveys to prepare recommendations for bonding issues.
Prepares prospectus for the preparation of municipal bonds.
Ensures the correctness of resolutions concerned with bonding issues prior to submission for adoption by the governing body.
Provides recommendations for investment of surplus municipal funds.
Prepares correspondence.
Answers inquiries.
Assists in the establishment and maintenance of financial records and files.
Will be required to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.
REQUIREMENTS:
EDUCATION:
Graduation from an accredited college or university with a Bachelor's degree with a major course of study in accounting, finance, economics, public or business administration.
EXPERIENCE:
Three (3) years of experience involving financial research planning and bonding procedures.
NOTE: Certification as a Certified Public Accountant may be required.
LICENSE:
Appointees will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.
KNOWLEDGE AND ABILITIES:
Knowledge of the methods and procedures used in financial and bonding issues.
Knowledge of the laws, rules and regulations governing the preparation, negotiation, and sale of municipal bonds.
Knowledge of the preparation of accounting and financial reports.
Ability to analyze complex bonding problems.
Ability to collect and analyze data.
Ability to provide assignments and instructions to staff.
Ability to prepare reports and correspondence.
Ability to establish and maintain financial records and files.
Ability to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.
Ability to read, write, speak, understand, and communicate in English sufficiently to perform duties of this position. American Sign Language or Braille may also be considered as acceptable forms of communication.
Persons with mental or physical disabilities are eligible as long as they can perform the essential functions of the job after reasonable accommodation is made to their known limitations. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.
CODES: LG – 07654 MCK 3/11/2004
This job specification is for local government use only.
SENIOR BUDGET EXAMINER
DEFINITION:
Under direction, performs the more responsible and difficult analytical work involved in reviewing budget requests and in the preparation of recommendations thereon and/or takes the lead in a small budgetary unit; does related work as required.
NOTE:The definition and examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed. EXAMPLES OF WORK:
Develops and formulates a segment of the budget request for the coming fiscal year.
Reviews estimates submitted by program managers for compliance with rules, regulations, and procedures.
Performs indepth, rigorous analyses of budget requests by employing techniques such as cost benefit analysis and exploring alternative methods of funding.
Writes and/or edits statements justifying and supporting funding requests of program managers for submission to higher authorities.
Monitors the use and rate of expenditure of budgeted funds through continuing dialogue with program officials and their staffs, review of written documents, and examination of financial records.
Keeps informal records of obligations and expenditures for assigned program.
Devises and recommends the adoption of procedures to implement budgetary processes, policies, and regulations issued by higher levels of management.
Prepares a variety of reports covering the status of funds, expenses, and obligations as required by higher authority within the organization.
Advises program managers and other interested parties on the status and availability of funds in different budget accounts and all aspects of the budget process which apply to their programs.
Serves as liaison between program managers and their representatives, the budget unit, and other staff offices connected with the budget process; namely, personnel, accounting, payroll, and purchasing.
Prepares and advises operations managers on the preparation of detailed budget estimates, justification statements, and budget execution plans for substantive programs of the employing organization.
Compiles cost figures to be used in forecasting funding needs and monitors the rates of obligation and expenditure of funds in the annual budget.
Fills out a variety of budgetary forms, documents, and reports required in connection with the installation's budget program.
Provides advice and recommendations to managers and staff officials on matters such as the distribution of allotments and availability of budgetary funds for program purposes.
Determines costs of performing functions by considering direct and indirect labor costs, and costs of overhead, equipment, and materials.
Determines the propriety and cost effectiveness of funding requests and expenditures through the review of budget and accounting transactions, and analysis of productivity, workload, and program accomplishments.
Compiles, consolidates, reviews, analyzes, and edits those portions of budget estimates which pertain to personnel salaries and expenses.
Evaluates data submitted for consistency with previous estimates, current levels of program operations, and anticipated changes in staffing and/or funding levels.
Revises data for inclusion in budget reports and schedules furnished to management.
Reviews requests for allotments of funds.
Analyzes budgetary and financial data and staffing plans submitted by program managers for consistency with financial plans, policies, and timetables of the employing component.
Prepares analyses and justifications of requests for allotments of funds available in the budget.
Prepares and assembles a portion of the exhibits, charts, reports, and other narrative and statistical material used by management in support of formal presentation of an organization's budget to the governing body.
Reviews program data, workload reports, and staffing requests to ensure that positions within the various components of the organization are properly funded and that authorized average grade and staffing levels are maintained.
Prepares budgetary and financial reports to management.
Will be required to learn to utilize various types of electronic and/or manual recording and computerized information systems used by the agency, office, or related units.
REQUIREMENTS:
NOTE: Applicants must meet one of the following or a combination of both experience and education. Thirty (30) semester hour credits are equal to one (1) year of relevant experience.
Six (6) years of professional experience in the evaluation and analysis of budgetary requests or in the preparation and presentation of budgets.
OR
Possession of a bachelor's degree from an accredited college or university; and two (2) years of the above-mentioned professional experience.
OR
Possession of a master's degree from an accredited college or university in Public Administration, Finance, Accounting, Business Administration, Government, Political Science, Economics, Industrial Engineering, or Industrial Management; and one (1) year of the above-mentioned professional experience.
NOTE: "Professional experience" refers to work that is creative, analytical, evaluative, and interpretive; requires a range and depth of specialized knowledge of the profession's principles, concepts, theories, and practices; and is performed with the authority to act according to one's own judgment and make accurate and informed decisions.
LICENSE:
Appointees will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.
KNOWLEDGE AND ABILITIES:
Knowledge of modern government budgeting problems, practices, and methods, and their application to a specific situation.
Knowledge of statistical and research theory, practices, and procedures.
Knowledge and skill in applying principles and practices of budget formulation to review, edit, and consolidate budget estimates.
Knowledge and skill in applying principles, practices, and methods of budget execution to determine whether obligations, expenditures, and requested allotments are within funding limitations in the approved budget.
Knowledge of budgetary and financial relationships with workloads of organizational components to determine whether funds are being obligated and expended in accord with goals and objectives of the installation's annual work plan.
Knowledge of the organizational or jurisdictional structure, programs, and work methods of components budgeted to determine whether estimates of funding needs and requests for allotments are in line with program plans and work methods.
Ability to conduct assigned budget, research, and related work and develop effective work methods.
Ability to carry on extensive research.
Ability to develop budget procedures and adequate work programs for the execution of such budgets.
Ability to prepare accurate and informative reports.
Ability to draft correspondence.
Ability to establish and maintain essential records and files.
Ability to identify, categorize, and analyze quantitative data to relate the effects of changes in funding levels to such matters as purchasing and personnel staffing.
Ability to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.
Ability to read, write, speak, understand, or communicate in English sufficiently to perform the duties of this position. American Sign Language or Braille may also be considered as acceptable forms of communication.
Persons with mental or physical disabilities are eligible as long as they can perform the essential functions of the job after reasonable accommodation is made to their known limitations. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.
CODES: LG-03223 CAH 12/11/96
This job specification is for local government use only.
DUAL TITLE CODE: 07646
