Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Median Annual Wage: $71,220

Education: Bachelor's degree (65%); Master's degree (11%); High school diploma or equivalent (8%)

Projected Growth: Slower than average (3% to 7%)

Related Job Titles: Cost Accountant; Accounting Supervisor; Budget Analyst; Budget Officer; Budget and Policy Analyst; Chief Financial Officer (CFO); Staff Analyst; Budget Coordinator

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Source: O*NET OnLine information for Budget Analysts.

More Business and Financial Operations Careers

  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
  • Review operating budgets to analyze trends affecting budget needs.
  • Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
  • Consult with managers to ensure that budget adjustments are made in accordance with program changes.
  • Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
  • Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
  • Interpret budget directives and establish policies for carrying out directives.
  • Seek new ways to improve efficiency and increase profits.

Source: O*NET OnLine information for Budget Analysts.

  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Speaking - Talking to others to convey information effectively.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Mathematics - Using mathematics to solve problems.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • Time Management - Managing one's own time and the time of others.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.

Source: O*NET OnLine information for Budget Analysts.

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