Assistant Director of Budgeting and Forecasting in RICHMOND, VA for Virginia Alcoholic Beverage Control Authority

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Assistant Director of Budgeting and Forecasting
Virginia Alcoholic Beverage Control Authority
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Assistant Director of Budgeting and Forecasting

Virginia Alcoholic Beverage Control Authority

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Details
Posted:
March 23, 2021
Location:
RICHMOND, Virginia
Salary:
Salary up to $105,000
Type:
Full Time - Experienced
Categories:
Accounting, Auditing, Bookkeeping, Finance, Economics, Banking

Virginia Alcohol Beverage Control Authority’s (VA ABC) Financial Management Services (FMS) is seeking an Assistant Director of Budgeting and Forecasting. This position leads the development and administration of the Authority’s annual budget and is responsible for tracking, reporting, EPBCS maintenance and analysis. This position also develops the current year and multiyear GACRE forecasts and is responsible for all Department of Planning and Budgeting (DPB) reporting. In addition, the incumbent maintains constant communication with senior leadership by being the liaison with the division directors and C-suite for meetings on budgets and leading the quarterly budget meetings with the full leadership team.

The FMS Division’s overall objective is to support ABC's Mission through successful fulfillment of responsibilities in the areas of financial management, financial reporting, compliance assurance, payroll, accounts payable, accounts receivable (sales audit), budget development, budget reporting, malt beverage & wine tax collection, auditing and tax management.

 

Our Mission

Virginia ABC generates a reliable stream of revenue for Virginia and promotes public safety through the responsible sale and regulation of alcoholic beverages.

Our Vision

To bring good spirits and excellent service to Virginia.

Our Values

Accountability –Service – Integrity – Performance Excellence

 

Virginia ABC Authority employees are covered under the Commonwealth’s benefits package and VRS. However, Authority employees are exempt from the Virginia Personnel Act and the Virginia Public Procurement Act. To find out more about VA ABC visit our website: https://www.abc.virginia.gov/about/agency-overview

 

ESSENTIAL JOB FUNCTIONS

Conduct monthly analysis of financial results compared to prior year and budget: sales trends, cost trends, recommendations to leadership.

Develop communication formats for leadership about financial opportunities and concerns.

Develop revenue budget for the Authority.

Develop fixed asset depreciation budget.

Prepare Department of Planning and Budget Decision Briefs for the Authority.

Develop annual operating plans with defined milestones, dates and deliverables that support division and Authority’s initiatives.

Monitor and supervise Budgeting & Forecast financial reporting operations to ensure objectives are achieved and operations & projects are conducted within approved timelines.

Budget and appropriate state and Authority’s legal and policy requirements and analyze expenditures to ensure they do not exceed appropriations.

Develop presentations to present to DPB, Senate and House Committees on GACRE Forecast and Budget matters.

Provide effective leadership to the Budgeting & Forecasting staff to ensure the goals, objectives, and strategies of the agency (which are applicable to the Division) are supported through the effective deployment of resources.

 

MINIMUM QUALIFICATIONS AND SKILLS

Comprehensive knowledge of the principles and practices of governmental budgeting and accounting.

Working knowledge of generally accepted accounting principles (GAAP) and governmental accounting standards (GASB).

Working knowledge of the operation of general ledger accounts and transaction codes, an understanding of point of sale cash register operations, and an understanding of retail store procedures as applied to sales and revenue accountability.

Extensive skills with Microsoft programs such as Excel, Word, databases, product distribution, inventory controls, financial systems, and store POS systems.

Software implementations, software enhancements, system interfaces and other software products skills.

Extensive Customer service skills along with strong analytical and independent decision-making skills.

Demonstrated ability to analyze financial data and effectively communicate results to a diverse group including senior leadership.

Ability to maintain knowledge base of changing information systems.

Graduation from college or university with a concentration in accounting or equivalent work experience.

Experience with an enterprise budget tool (ex. EPBPS) and a cloud-based Oracle general ledger system.

 

PREFERRED QUALIFICATIONS

Bachelors/MBA with a concentration in Accounting, Finance or related field involving budget or financial analyses; and/or equivalent experience preferred

CPA or CMA preferred

Internal Number: 00591
About Virginia Alcoholic Beverage Control Authority
Our Mission Virginia ABC generates a reliable stream of revenue for Virginia and promotes public safety through the responsible sale and regulation of alcoholic beverages. Our Values Accountability — Service — Integrity — Performance Excellence Our Structure Virginia ABC and its more than 4,700 employees are proud to serve the Commonwealth of Virginia. As an authority working with the Secretariat of Public Safety and Homeland Security, ABC administers alcohol-related laws with an emphasis on public safety by ensuring an orderly and regulated system for convenient sales and responsible consumption of alcohol. In 2018, Virginia ABC transitioned from a traditional state government agency to an authority, an independent political subdivision, which provides more flexibility and efficiency as a retailer, wholesaler and regulator of distilled spirits. Virginia ABC is a leading revenue producer for the commonwealth and the source of future economic growth and innovation for the state. The profits that Virginia ABC contributes—collected from distilled spirits sales at ABC stores, taxes collected on beer and wine sales, violation penalties and license fees—provide much-needed ...funding for use in a multitude of state programs, which benefit all Virginians. Since its establishment in 1934, Virginia ABC has contributed $11.4 billion to the commonwealth’s general fund supporting major education, health and transportation initiatives. As one of our nation’s 17 control states—where the state government manages the sale and distribution of distilled spirits at the wholesale level, Virginia sells distilled spirits exclusively in ABC stores operated by the Commonwealth of Virginia. These are the only retail outlets in Virginia where customers may purchase liquor. Our Stores and Products With more than 390 stores in convenient locations throughout the commonwealth, Virginia ABC is dedicated to providing those ages 21 and older with an enjoyable, modern shopping environment. Considerable planning is involved in determining locations for new stores to ensure optimum customer service. Virginia ABC also strives to ensure customer satisfaction by being timely and nimble in response to market changes, product availability and consumer desires. Virginia ABC offers a wide selection of merchandise—including mixers, vermouth and Virginia-made wines in addition to liquor—with more than 3,100 items in its online product catalog. These products are stored in the 292,285-square-foot Virginia ABC warehouse—the size of about five and a half football fields—located in Richmond. The warehouse receives and ships about 22,600 cases of distilled spirits daily, for a total of nearly 5.9 million last year. Virginia ABC stores receive weekly and bi-weekly deliveries to restock items available for sale to customers of legal drinking age. Our Education and Prevention Initiatives Virginia ABC believes in a multi-faceted approach to alcohol education and prevention and includes individuals, families, licensees and communities in its programming curriculum. The authority offers a robust assortment of alcohol prevention and public education initiatives for Virginians of all ages. These include training and resources for schools, coalitions, health care providers and those who sell and serve alcohol. Virginia ABC’s Education and Prevention staff offers programs to prevent underage alcohol use and promote the responsible consumption of alcoholic beverages for those of age who choose to consume. In addition, ABC provides grant funding to enhance local alcohol education and prevention programming. Our Bureau of Law Enforcement Virginia ABC’s expertise in alcohol laws and regulations make its Bureau of Law Enforcement a valuable resource for future and existing ABC licensees. Special agents are ABC law educators and regulators, working directly with approximately 19,000 licensed businesses to address non-compliance issues and reduce criminal activities involving alcohol. These agents also initiate public safety investigations following incidents at licensed establishments, which involves assisting and cooperating with other law enforcement agencies, civic leagues, residents, businesses and community stakeholders. All ABC special agents are sworn Virginia Department of Criminal Justice Services certified law enforcement officers within the bureau, which is accredited through the Virginia Law Enforcement Professional Standards Commission. Our Bureau of Law Enforcement also includes licensing, compliance and records management staff who provide a number of services including: serve as liaisons to breweries, distilleries and wineries; inform and interact with alcohol manufacturers, importers and distributors; collect Virginia taxes; process invoices and renewals; conduct alcohol-related training about the commonwealth’s ABC laws; and maintain records for businesses with ABC licenses and individuals seeking licenses related to alcohol sale and consumption at private special events. Our Hearings Process When there is a disciplinary matter involving a licensee (i.e., a business is charged with an ABC law violation), a contested ABC license application or an issue involving contract disputes between beer or wine producers and their distributors, ABC will hold an administrative hearing. These hearings offer alternate dispute resolution options such as consent and negotiated settlements, and free mediation services. Virginia ABC administrative law judges conduct hearings virtually and in-person on issues brought to the authority for resolution. Court reporters transcribe testimony, motions and arguments. Opposing sides introduce evidence in support of their case before a hearings officer who weighs the evidence presented and issues a decision. Once a decision is issued, either party has 30 days to appeal to the Virginia ABC Board of Directors.
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