Budget Advisor - Compensation
Apply NowCompany: State of Washington
Location: Olympia, WA 98501
Description:
Salary: $112,000.00 - $138,000.00 Annually
Location : Thurston County - Olympia, WA
Job Type: Exempt
Remote Employment: Flexible/Hybrid
Job Number: 2025-02286
Department: Office of Financial Management
Division: Budget
Opening Date: 04/03/2025
Closing Date: 4/17/2025 11:59 PM Pacific
Description
Please Note: The starting salary offer will be determined based on the successful candidates' qualifications within the starting salary range of $112,000 - 138,000 annually.
Hybrid: Our physical office is in Olympia, WA. Our physical office is in Olympia WA. This position is flexible/hybrid, with the ability to work from home, and some travel to in-person activities, meetings, and events.
Why work for the Office of Financial Management (OFM)?
The serves as the backbone of Washington state government. Our vision at OFM is to work together for the equitable future of all Washingtonians. Our mission is to make our state a better place by connecting people, budgets, policies, data, and systems for state agencies and the Legislature.
We're also committed to creating an environment that fosters our - Diversity, Equity, Inclusion and Belonging, Integrity, Innovation, Collaboration and Operational Excellence. All staff are expected to embed these values in their team and work. Join us in filling a key role in enhancing how state government serves its citizens, making a meaningful difference and taking public service to another level.
The job opportunity:
The Budget Advisor- Compensation position is an essential Budget Division team member that supports government-wide budget development and analysis for the Governor, OFM Director and the OFM Budget Director.
As a Budget Advisor, you will coordinate with OFM budget advisors, state human resources and legislative fiscal committees on development of budget and policy recommendations to the Governor. You will also analyze complex fiscal issues, assist agencies in problem solving, budget development, implementation, assess impacts of proposed legislation, and act as a source of fiscal policy information. You will support government-wide budget development and analysis for the Governor, Office of Financial Management Director and the OFM Budget Director.
This is a challenging position, but one that offers immense rewards and the opportunity to grow. Your work will help drive policies that make a real difference, impacting lives across our state. If you're someone who is ready to roll up your sleeves, engage with leaders from all sectors, and contribute to shaping the future of our state's fiscal policies, we encourage you to apply now!
Duties
What you'll work on:
Qualifications
What we need you to bring
Required Qualifications:
Desired Qualifications:
We are invested in acquiring the best and most innovative candidate for the job, and that candidate may be one from a less traditional background. Don't let doubts stop you from applying for this position. If you have transferable experience, please tell us about it or contact us with questions about the required qualifications and how your experience relates to them.
Supplemental Information
What we offer:
At OFM, we foster a culture of integrity, innovation, inclusion, and belonging. We value both learned and lived experiences, believing that diversity makes us stronger. To support your health and well-being, we offer a variety of benefit programs for our employees.
Please visit our for a full list of benefits available to employees. Here's a quick glance at some of the unique benefits that OFM offers:
Application Process: Once you've decided to apply for a state government job, you'll complete an online application to showcase your qualifications. Keep in mind that once you submit the application, a real person is going to read it. We do not use AI or other technology that screens your application. Please be sure to provide clear and detailed information about your work history so your qualifications can be accurately assessed. We will contact the top candidates directly to schedule interviews. If you need reasonable accommodation in applying, please call 7-1-1 or 1-800-833-6384.
When completing your application, we encourage you to attach all of the following:
Questions: OFM's Staff ASL interpreter is available to all deaf and hard of hearing applicants. For questions about this recruitment or to request a reasonable accommodation in the application or interview process, please email us at
The Office of Financial Management is an equal opportunity employer. We strive to create a working environment that includes and respects cultural, racial, ethnic, sexual orientation and gender identity diversity. Women, racial and ethnic minorities, persons of disability, persons over 40 years of age, and disabled and Vietnam-era veterans are encouraged to apply.
This position is exempt from civil service rules.
For more information, please see
More than Just a Paycheck!
Employee benefits are not just about the kind of services you get, they are also about how much you may have to pay out of pocket. Washington State offers one of the most competitive benefits packages in the nation.
We understand that your life revolves around more than just your career. Like everyone, your first priority is ensuring that you and your family will maintain health and financial security. That's why choice is a key component of our benefits package. We have a selection of health and retirement plans, paid leave, staff training and other compensation benefits that you can mix and match to meet your current and future needs.
Read about our benefits:
The following information describes typical benefits available for full-time employees who are expected to work more than six months. Actual benefits may vary by appointment type or be prorated for other than full-time work (e.g. part-time); view the job posting for benefits details for job types other than full-time.
Note: If the position offers benefits which differ from the following, the job posting should include the specific benefits.
Insurance Benefits
Employees and their families are covered by medical (including vision), dental and basic life insurance. There are multiple medical plans with affordable monthly premiums that offer coverage throughout the state.
Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses. Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts.
To view premium rates, coverage choice in your area and how to enroll, please visit the Public Employees Benefits Board (PEBB) website. The Washington Wellness program from the Health Care Authority works with PEBB to support our workplace wellness programs.
Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses.
Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction.
The Washington State Employee Assistance Program promotes the health and well-being of employees.
Retirement and Deferred Compensation
State Employees are members of the Washington Public Employees' Retirement System (PERS). New employees have the option of two employer contributed retirement programs. For additional information, check out the Department of Retirement Systems' web site.
Employees also have the ability to participate in the Deferred Compensation Program (DCP). This is a supplemental retirement savings program (similar to an IRA) that allows you control over the amount of pre-tax salary dollars you defer as well as the flexibility to choose between multiple investment options.
Social Security
All state employees are covered by the federal Social Security and Medicare systems. The state and the employee pay an equal amount into the system.
Public Service Loan Forgiveness
If you are employed by a government or not-for-profit organization, and meet the qualifying criteria, you may be eligible to receive student loan forgiveness under the Public Service Loan Forgiveness Program.
Holidays
Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.
Note: Employees who are members of certain Unions may be entitled to additional personal leave day(s), please refer to position specific Collective Bargaining Agreements for more information.
Full-time employees who work full monthly schedules qualify for holiday compensation if they are employed before the holiday and are in pay status for at least 80 nonovertime hours during the month of the holiday; or for the entire work shift preceding the holiday.
Part-time employees who are in pay status during the month of the holiday qualify for the holiday on a pro-rata basis. Compensation for holidays (including personal holiday) will be proportionate to the number of hours in pay status in the month to that required for full-time employment, excluding all holiday hours. Pay status includes hours worked and time on paid leave.
Sick Leave
Full-time employees earn eight hours of sick leave per month. Overtime eligible employees who are in pay status for less than 80 hours per month, earn a monthly proportionate to the number of hours in pay status, in the month to that required for full-time employment. Overtime exempt employees who are in pay status for less than 80 hours per month do not earn a monthly accrual of sick leave.
Sick leave accruals for part-time employees will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday.
Vacation (Annual Leave)
Full-time employees accrue vacation leave at the rates specified in (1) or the applicable collective bargaining agreement (CBA). Full-time employees who are in pay status for less than 80 nonovertime hours in a month do not earn a monthly accrual of vacation leave.
Part-time employees accrue vacation leave hours in accordance with (1) or the applicable collective bargaining agreement (CBA) on a pro rata basis. Vacation leave accrual will be proportionate to the number of hours in pay status, in the month to that required for full-time employment.
Pay status includes hours worked, time on paid leave and paid holiday.
As provided in , an employer may authorize a lump-sum accrual of vacation leave or accelerate the vacation leave accrual rate to support the recruitment and/or retention of a candidate or employee for a Washington Management Service position. Vacation leave accrual rates may only be accelerated using the rates established WAC 357-31-165.
Note: Most agencies follow the civil service rules covering leave and holidays for exempt employees even though there is no requirement for them to do so. However, agencies are required to adhere to the applicable RCWs pertaining holidays and leave.
Military Leave
Washington State supports members of the armed forces with 21 days paid military leave per year.
Bereavement Leave
Most employees whose family member or household member dies, are entitled to three (3) days of paid bereavement leave. In addition, the employer may approve other available leave types for the purpose of bereavement leave.
Additional Leave
Leave Sharing
Family and Medical Leave Act (FMLA)
Leave Without Pay
Please visit the State HR Website for more detailed information regarding benefits.
Updated 12-31-2022
01
(OFM) The application process requires that you attached a cover letter detailing how you meet the qualifications of this position and a resume. Please click below to indicate you have attached the required documentation.
02
Do you have a Bachelor's degree in public administration, business, economics, political science or related field? (additional 2 years of experience as a budget or policy analyst, or as a manager with fiscal and policy responsibilities may substitute for the educational requirement)
03
Do you have five years of experience as a budget or policy analyst, or as a manager with fiscal and policy responsibilities?
04
Are you familiar with state budgeting practices and procedures and a general understanding of accounting concepts?
05
Do you possess Analytical and communication skills?
06
(OFM 1 of 2) How did you first learn about this job opportunity?
07
(OFM 2 of 2) If you selected OFM or State employee, BRG, Career Fair event, or Other on the previous question, please list the name of the person and/or organization in the space below, otherwise type NA.
Required Question
Location : Thurston County - Olympia, WA
Job Type: Exempt
Remote Employment: Flexible/Hybrid
Job Number: 2025-02286
Department: Office of Financial Management
Division: Budget
Opening Date: 04/03/2025
Closing Date: 4/17/2025 11:59 PM Pacific
Description
Please Note: The starting salary offer will be determined based on the successful candidates' qualifications within the starting salary range of $112,000 - 138,000 annually.
Hybrid: Our physical office is in Olympia, WA. Our physical office is in Olympia WA. This position is flexible/hybrid, with the ability to work from home, and some travel to in-person activities, meetings, and events.
Why work for the Office of Financial Management (OFM)?
The serves as the backbone of Washington state government. Our vision at OFM is to work together for the equitable future of all Washingtonians. Our mission is to make our state a better place by connecting people, budgets, policies, data, and systems for state agencies and the Legislature.
We're also committed to creating an environment that fosters our - Diversity, Equity, Inclusion and Belonging, Integrity, Innovation, Collaboration and Operational Excellence. All staff are expected to embed these values in their team and work. Join us in filling a key role in enhancing how state government serves its citizens, making a meaningful difference and taking public service to another level.
The job opportunity:
The Budget Advisor- Compensation position is an essential Budget Division team member that supports government-wide budget development and analysis for the Governor, OFM Director and the OFM Budget Director.
As a Budget Advisor, you will coordinate with OFM budget advisors, state human resources and legislative fiscal committees on development of budget and policy recommendations to the Governor. You will also analyze complex fiscal issues, assist agencies in problem solving, budget development, implementation, assess impacts of proposed legislation, and act as a source of fiscal policy information. You will support government-wide budget development and analysis for the Governor, Office of Financial Management Director and the OFM Budget Director.
This is a challenging position, but one that offers immense rewards and the opportunity to grow. Your work will help drive policies that make a real difference, impacting lives across our state. If you're someone who is ready to roll up your sleeves, engage with leaders from all sectors, and contribute to shaping the future of our state's fiscal policies, we encourage you to apply now!
Duties
What you'll work on:
- Perform independent research and analysis of complex fiscal matters related to compensation and pensions.
- Develop and implement comprehensive strategies aimed at effectively meeting the Governor's objectives and advancing the key priorities outlined for the state. Model fiscal impacts of budget and legislative proposals, including support of collective bargaining.
- Serve as an OFM member of the Pension Funding Work group, actively contributing to its efforts and providing ongoing support to the Pension Funding Council in its initiatives. Prepare both written and verbal communication and presentations to the Governor, executive staff, Director of OFM, Assistant Director for Budget, statewide human resources and statewide accounting, agencies, the legislature, and the public.
- Serve as lead for state employee compensation budget matters, including salaries, benefits and pensions, as well as state pension systems for most local government employees. Collaborate and coordination with agency and legislative counterparts is required.
- Provide assistance in coordinating budget development, analysis, monitoring, and reporting processes.
- Collaborate with budget and policy advisors to develop, monitor, and analyze legislation pertaining to fiscal issues.
- Collaborate with OFM Communications to respond to inquiries and disseminate fiscal information and policy positions to the Legislature, elected officials, agencies, stakeholders, media, and the general public.
- Work closely with state counsel and Statewide Human Resources to manage and resolve legal issues and activities related to the state budget, fiscal reporting, and compliance matters. This includes providing guidance and support on collective bargaining agreements, ensuring alignment with legal requirements, and facilitating effective communication between all involved parties to maintain smooth operations and adherence to policies.
Qualifications
What we need you to bring
Required Qualifications:
- Bachelor's degree in public administration, business, economics, political science or related field (additional 2 years of experience as a budget or policy analyst, or as a manager with fiscal and policy responsibilities may substitute for the educational requirement)
- Five years of experience as a budget or policy analyst, or as a manager with fiscal and policy responsibilities *
- Familiarity with state budgeting practices and procedures and a general understanding of accounting concepts
- Possess Analytical and communication skills
Desired Qualifications:
- Advanced degree in public administration, business, or related field
- Experience in Washington state government, including current or prior experience at OFM or the legislature, experience in a state central budget office, or as part of agency management
- Experience in using and improving cost models, particularly for insurance, pensions, or salaries
- Experience with or knowledge of collective bargaining processes
- Experience with data analysis tools such as Power Query, Power BI, SQL and R
We are invested in acquiring the best and most innovative candidate for the job, and that candidate may be one from a less traditional background. Don't let doubts stop you from applying for this position. If you have transferable experience, please tell us about it or contact us with questions about the required qualifications and how your experience relates to them.
Supplemental Information
What we offer:
At OFM, we foster a culture of integrity, innovation, inclusion, and belonging. We value both learned and lived experiences, believing that diversity makes us stronger. To support your health and well-being, we offer a variety of benefit programs for our employees.
Please visit our for a full list of benefits available to employees. Here's a quick glance at some of the unique benefits that OFM offers:
- A culture that values and strives to advance
- Tuition reimbursement
- Medical, Dental, Vision, and Life Insurance
- 12 paid holidays, 14 paid vacation days (minimum), and 12 days of sick leave per year
- State retirement programs
Application Process: Once you've decided to apply for a state government job, you'll complete an online application to showcase your qualifications. Keep in mind that once you submit the application, a real person is going to read it. We do not use AI or other technology that screens your application. Please be sure to provide clear and detailed information about your work history so your qualifications can be accurately assessed. We will contact the top candidates directly to schedule interviews. If you need reasonable accommodation in applying, please call 7-1-1 or 1-800-833-6384.
When completing your application, we encourage you to attach all of the following:
- Cover letter:describing your qualifications for this specific position
- Resume: that details your applicable experience and education.
- References: at least three professional references and their contact information.
Questions: OFM's Staff ASL interpreter is available to all deaf and hard of hearing applicants. For questions about this recruitment or to request a reasonable accommodation in the application or interview process, please email us at
The Office of Financial Management is an equal opportunity employer. We strive to create a working environment that includes and respects cultural, racial, ethnic, sexual orientation and gender identity diversity. Women, racial and ethnic minorities, persons of disability, persons over 40 years of age, and disabled and Vietnam-era veterans are encouraged to apply.
This position is exempt from civil service rules.
For more information, please see
More than Just a Paycheck!
Employee benefits are not just about the kind of services you get, they are also about how much you may have to pay out of pocket. Washington State offers one of the most competitive benefits packages in the nation.
We understand that your life revolves around more than just your career. Like everyone, your first priority is ensuring that you and your family will maintain health and financial security. That's why choice is a key component of our benefits package. We have a selection of health and retirement plans, paid leave, staff training and other compensation benefits that you can mix and match to meet your current and future needs.
Read about our benefits:
The following information describes typical benefits available for full-time employees who are expected to work more than six months. Actual benefits may vary by appointment type or be prorated for other than full-time work (e.g. part-time); view the job posting for benefits details for job types other than full-time.
Note: If the position offers benefits which differ from the following, the job posting should include the specific benefits.
Insurance Benefits
Employees and their families are covered by medical (including vision), dental and basic life insurance. There are multiple medical plans with affordable monthly premiums that offer coverage throughout the state.
Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses. Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts.
To view premium rates, coverage choice in your area and how to enroll, please visit the Public Employees Benefits Board (PEBB) website. The Washington Wellness program from the Health Care Authority works with PEBB to support our workplace wellness programs.
Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses.
Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction.
The Washington State Employee Assistance Program promotes the health and well-being of employees.
Retirement and Deferred Compensation
State Employees are members of the Washington Public Employees' Retirement System (PERS). New employees have the option of two employer contributed retirement programs. For additional information, check out the Department of Retirement Systems' web site.
Employees also have the ability to participate in the Deferred Compensation Program (DCP). This is a supplemental retirement savings program (similar to an IRA) that allows you control over the amount of pre-tax salary dollars you defer as well as the flexibility to choose between multiple investment options.
Social Security
All state employees are covered by the federal Social Security and Medicare systems. The state and the employee pay an equal amount into the system.
Public Service Loan Forgiveness
If you are employed by a government or not-for-profit organization, and meet the qualifying criteria, you may be eligible to receive student loan forgiveness under the Public Service Loan Forgiveness Program.
Holidays
Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.
Note: Employees who are members of certain Unions may be entitled to additional personal leave day(s), please refer to position specific Collective Bargaining Agreements for more information.
Full-time employees who work full monthly schedules qualify for holiday compensation if they are employed before the holiday and are in pay status for at least 80 nonovertime hours during the month of the holiday; or for the entire work shift preceding the holiday.
Part-time employees who are in pay status during the month of the holiday qualify for the holiday on a pro-rata basis. Compensation for holidays (including personal holiday) will be proportionate to the number of hours in pay status in the month to that required for full-time employment, excluding all holiday hours. Pay status includes hours worked and time on paid leave.
Sick Leave
Full-time employees earn eight hours of sick leave per month. Overtime eligible employees who are in pay status for less than 80 hours per month, earn a monthly proportionate to the number of hours in pay status, in the month to that required for full-time employment. Overtime exempt employees who are in pay status for less than 80 hours per month do not earn a monthly accrual of sick leave.
Sick leave accruals for part-time employees will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday.
Vacation (Annual Leave)
Full-time employees accrue vacation leave at the rates specified in (1) or the applicable collective bargaining agreement (CBA). Full-time employees who are in pay status for less than 80 nonovertime hours in a month do not earn a monthly accrual of vacation leave.
Part-time employees accrue vacation leave hours in accordance with (1) or the applicable collective bargaining agreement (CBA) on a pro rata basis. Vacation leave accrual will be proportionate to the number of hours in pay status, in the month to that required for full-time employment.
Pay status includes hours worked, time on paid leave and paid holiday.
As provided in , an employer may authorize a lump-sum accrual of vacation leave or accelerate the vacation leave accrual rate to support the recruitment and/or retention of a candidate or employee for a Washington Management Service position. Vacation leave accrual rates may only be accelerated using the rates established WAC 357-31-165.
Note: Most agencies follow the civil service rules covering leave and holidays for exempt employees even though there is no requirement for them to do so. However, agencies are required to adhere to the applicable RCWs pertaining holidays and leave.
Military Leave
Washington State supports members of the armed forces with 21 days paid military leave per year.
Bereavement Leave
Most employees whose family member or household member dies, are entitled to three (3) days of paid bereavement leave. In addition, the employer may approve other available leave types for the purpose of bereavement leave.
Additional Leave
Leave Sharing
Family and Medical Leave Act (FMLA)
Leave Without Pay
Please visit the State HR Website for more detailed information regarding benefits.
Updated 12-31-2022
01
(OFM) The application process requires that you attached a cover letter detailing how you meet the qualifications of this position and a resume. Please click below to indicate you have attached the required documentation.
- Yes, I have attached a cover letter and a resume.
- No, I have not attached a cover letter and a resume.
02
Do you have a Bachelor's degree in public administration, business, economics, political science or related field? (additional 2 years of experience as a budget or policy analyst, or as a manager with fiscal and policy responsibilities may substitute for the educational requirement)
- YES
- NO
03
Do you have five years of experience as a budget or policy analyst, or as a manager with fiscal and policy responsibilities?
- YES
- NO
04
Are you familiar with state budgeting practices and procedures and a general understanding of accounting concepts?
- YES
- NO
05
Do you possess Analytical and communication skills?
- YES
- NO
06
(OFM 1 of 2) How did you first learn about this job opportunity?
- Word of mouth (e.g., friends, family, neighbor, etc.)
- OFM employee
- Other State employee
- Business Resource Group (BRG's)
- Career fair event
- Careers.wa.gov
- DeafNation
- Public job sites (e.g., Indeed, LinkedIn, Handshake, ZipRecruiter, Glassdoor, Monster, etc.)
- WorkSource Office or similar
- OFM website
- governmentjobs.com
- Other
07
(OFM 2 of 2) If you selected OFM or State employee, BRG, Career Fair event, or Other on the previous question, please list the name of the person and/or organization in the space below, otherwise type NA.
Required Question