Career Overview
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Also Known As
- Budget Analyst
- Budget and Policy Analyst
- Budget Officer
- Budget Planning Analyst
Alternate Job Titles
- Budget Administrator (Budget Admin)
- Budget Analyst
- Budget and Policy Analyst
- Budget Coordinator
- Budget Engineer
- Budget Examiner
- Budget Management Analyst
- Budget Officer
- Budget Planning Analyst
- Budget Specialist
- Cost Accountant
- Cost Analyst
- Financial Management Analyst
- Financial Planning and Analysis Analyst
- Financial Services Officer
What You'll Do
In this role, your typical responsibilities include:
- Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
- Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
- Review operating budgets to analyze trends affecting budget needs.
- Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
- Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
- 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.
Emerging Responsibilities
As this field evolves, you may also:
- Communicate financial reports and budgets to stakeholders.
- Submit and monitor salary raises.
Knowledge You'll Use
You'll need solid knowledge in these areas:
- Economics and Accounting
- Mathematics
- English Language
- Administration and Management
Essential Skills
Success in this career requires strong skills in:
- Mathematics
- Critical Thinking
- Reading Comprehension
- Active Listening
- Speaking
- Complex Problem Solving
- Judgment and Decision Making
Key Abilities
This career requires key abilities in:
- Oral Comprehension
- Oral Expression
- Written Comprehension
- Number Facility
- Mathematical Reasoning
- Information Ordering
- Problem Sensitivity
- Deductive Reasoning
- Speech Clarity
- Inductive Reasoning
Work Style
People who excel in this career typically demonstrate:
- Attention to Detail
- Dependability
- Integrity
- Cautiousness
- Intellectual Curiosity
What Matters in This Career
This career tends to satisfy these work values:
- Working Conditions
- Support
- Independence
- Achievement
- Recognition
Education & Preparation
Typical Education: Bachelor's Degree
Related Work Experience Needed: Over 1 year, up to and including 2 years
On-the-Job Training: Over 1 year, up to and including 2 years
Education Details: Most of these occupations require a four-year bachelor's degree, but some do not.
Experience Required: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Technology You'll Use
Popular Technologies & Software
- Microsoft Access
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft Power BI
- Microsoft PowerPoint
- Microsoft SharePoint
- Microsoft Visual Basic
- Microsoft Word
- SAP software
Tools & Equipment
- Desktop computers
- Laser printers
- Notebook computers
- Personal computers
Work Environment
- Spend Time Sitting
- Work With or Contribute to a Work Group or Team
- Telephone Conversations
- Frequency of Decision Making
Salary & Job Market
| Salary Percentile | Annual Wage |
|---|---|
| Entry-Level (10th percentile) | $60,510 |
| Median | $87,930 |
| Top Earners (90th percentile) | $134,640 |
Workers Employed Nationally: 47,170
Related Careers
If you're interested in this career, you might also consider:
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Treasurers and Controllers
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Financial Managers
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Median Salary: $161,700
Credit Analysts
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Median Salary: $80,970
Personal Financial Advisors
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Median Salary: $102,140
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Occupational data sourced from the O*NET OnLine database, developed by the U.S. Department of Labor, Employment and Training Administration. Wage data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), 2024.