The career information above is taken from the Bureau of Labor Statistics Occupational Outlook Handbook. Employers generally require budget analysts to have at least a bachelor’s degree. Budget Analysts support the financial strategy of a company and engage in work activities like developing budgets, managing funds and resources, performing cost-benefit analyses, estimating future financial needs, and guiding other employees regarding budget … Budget analysts should also possess the following specific qualities: Analytical skills. Budget analyst: focuses on the analysis and reporting of a specified budget. Because developing a budget requires strong numerical and analytical skills, courses in … … Employment of budget analysts is projected to grow 3 percent from 2014 to 2024, slower than the average for all occupations. Government budget analysts can earn the designation Certified Government Financial Manager from the Association of Government Accountants. The median annual salary for a budget analyst in 2016 was $73,840, according to the BLS. Employers generally require budget analysts to have at least a bachelor's degree. Personality Test (Myers & Briggs' 16 Types), Tax Examiner or Collector or Revenue Agent, Educational services; state, local, and private, Professional, scientific, and technical services, State government, excluding education and hospitals, Local government, excluding education and hospitals, Work with program and project managers to develop the organization’s budget, Review managers’ budget proposals for completeness, accuracy, and compliance with laws and other regulations, Combine all the program and department budgets together into a consolidated organizational budget and review all funding requests for merit, Explain their recommendations for funding requests to others in the organization, to legislators, and to the public, Help the chief operations officer, agency head, or other top managers analyze proposed plans and find alternatives if the projected results are unsatisfactory, Monitor organizational spending to ensure that it is within budget, Inform program managers of the status and availability of funds. Use our Job Search Tool to sort through over 2 million real jobs. The role will touch all levels of the organization and requires strong financial acumen and communication skills to help drive business results.Facilitate and manage monthly close entries and reconciliations to Budget and ForecastAssist in the development of … This information is taken directly from the Occupational Outlook Handbook published by the US Bureau of Labor Statistics. There are many excellent tools available that will allow you to measure your interests, profile your personality, and match these traits with appropriate careers. Job description and duties for Budget Analyst. Sometimes, budget-related or finance-related work experience can be substituted for formal education. The median annual wage for budget analysts was $76,540 in May 2019. Free, fast and easy way find a job of 1.509.000+ postings in Minnesota and other big cities in USA. Because developing a budget requires strong numerical and analytical skills, courses in accounting, economics, and statistics are helpful. Demand for efficient use of public funds at the federal, state, and local levels will lead to continued demand for budget analysts. Most budget analysts need math skills and should be able to use certain software, including spreadsheets, database functions, and financial analysis programs. … Budget analysts’ main responsibility in a for-profit business is to analyze the budget and look for ways to use resources more efficiently so as to increase profits. Barbaricum is seeking an early-career financial professional to support Barbaricum's rapidly growing corporate operations. The median annual wage for budget analysts was $76,540 in May 2019. Budget analysts may benefit from CPA certification, which qualifies holders to practice... CERTIFIED FINANCIAL PLANNER The Persuading interest area indicates a focus on influencing, motivating, and selling to other people. Budget analysts help public and private institutions organize their finances. Budget Analyst Salaries [About this section] [More salary/earnings info] The median annual wage for budget analysts is $76,540. The Thinking interest area indicates a focus on researching, investigating, and increasing the understanding of natural laws. On this site, you can take the Career Personality Profiler assessment, the Holland Code assessment, or the Photo Career Quiz. GS-09 Interpreting guidance, preparing and submitting a budget; ensuring budget is executed accordingly. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. Senior Budget Analyst Job Description. In this role, your responsibilities will include all aspects of formulation, analysis, justification, and automation of Intel Community (IC) budgets. A prospective budget analyst can take several relevant courses offered through undergraduate degree programs in business administration, economics, finance and accounting. All rights reserved. They prepare annual and special reports and evaluate budget proposals. According to the Bureau of Labor Statistics, the median salary for budget analysts as of May 2018 was $76,220, while the top ten percent earned more than $116,300. Each job entry includes several … Holland Code: C-E-R You should also be knowledgeable about all legal regulations pertaining to budgeting. Occasionally, budget analysts may evaluate how well a program is doing, provide policy analysis, and draft budget-related legislation. Job email alerts. A masters degree in business administration or finance, with exceptional electronic spreadsheet construction skills. Some government budget analysts help evaluate performance programs, analyze financial policies for efficiency and viability, and help draft budget-related legislation. Not sure how to choose the best career for you? They prepare budget reports and monitor institutional spending. The budget analyst position is accountable for preparing the annual budget, comparing it to actual results, and reporting on variances from the budget. Newly hired budget analysts, budget assistants, other analysts, assistants, administrative staff working on budget issues, other staff members who handle budget issues, and anyone else who wants to learn about the Budget Analysis Series, GS-0560 What You Will Learn. ... Desired Qualifications. The position to be filled is a Management Analyst, GS-343-9. Truity periodically updates our site with information from the BLS database. The largest employers of budget analysts were as follows: Although budget analysts usually work in offices, some may travel to get budget details firsthand or to verify funding allocations. Becoming a Budget Analyst Step 1: High School Requirements High School Courses for Budget Analysts. 1 Those in professional, scientific or technical services stand to earn even more, with their average being $81,550. The last published figures by the Bureau of Labor and Statistics, for budget analysts in 2012, the median annual salary was $68,200. Budget analysts need strong communication skills because they often have to explain and defend their analyses and recommendations in meetings and legislative committee hearings. Federal, state, and local governments have varying requirements, but usually require a bachelor's degree in one of many areas, such as accounting, finance, business, public administration, economics, statistics, political science, or sociology. Cover letter is required. Because of the high level of responsibility in this role, however, … The Organizing interest area indicates a focus on working with information and processes to keep things arranged in orderly systems. GS-07 Providing technical and administrative support to a Budget Analyst in assisting, preparing and submitting budgets. For example, if there is a difference between the approved budget and actual spending, budget analysts may write a report explaining the variations and recommend changes to reconcile the differences. Also Budget Analyst Jobs. Creating an efficient budget requires careful analysis of each budget item. This credential … The highest salaries ranged near $101,600 annually. Detail oriented. Regardless of the specific major, which could include accounting, business, economics, finance, public administration, statistics, political science, or sociology, classes in statistics and accounting are a must for aspiring budget analysts. ... For qualifications determinations your resume must contain hours worked per week and the dates of employment (i.e., hour per week and month/year to month/year or month/year to present). If you are in high school and … Qualifications; Budget Analyst, 0560 Budget Analyst, 0560. If you are not sure whether you have a Thinking or Persuading or Organizing interest which might fit with a career as a budget analyst, you can take a career test to measure your interests. Because developing a budget requires strong numerical and analytical skills, courses in accounting, economics, and … SAIC will train and pay for you to sit for a professional finance certification (CDFM/CGFM). I think I have found an error or inaccurate information on this page. If you are in high school and you think you may want to pursue a career as a budget analyst, you should take math, including statistics, English, and computer classes. Additionally, budget analysts who work for the government can earn certification through the Certified Public Finance Officers (CPFO) Program, offered by the Government Finance Officers … The pressures of deadlines and tight work schedules can be stressful. Truity does not editorialize the information, including changing information that our readers believe is inaccurate, because we consider the BLS to be the authority on occupational information. Join SAIC as a Budget Analyst and step up your professional experience! Some prefer a master's. Insurance underwriting analyst: analyzes individual, company, and industry data for decisions on insurance plans. Search and apply for the latest Budget analyst jobs in Minnesota. High School Courses for Budget Analysts. EXPERIENCE: One year of work experience is twelve months working full-time (at least 35-40 hours per week). Senior Budget Planning Analyst. They must also pass a series of exams. The lowest 10 percent earned less than $50,230, and the highest 10 percent earned more than $116,510. Some senior analyst jobs require an MBA or a master’s degree in accounting, finance, or a related … 15,453 Budget Analyst jobs available on Indeed.com. Take this opportunity in your budget analyst job description to tell prospective candidates about work from home and support staff options, and sell them on the benefits that set your firm apart, such as stock and ownership options, paid parental leave, or corporate travel accounts. Please use citation guidelines for webpages without an author available. Employers generally require budget analysts to have at least a bachelor's degree. Use our Career Test Report to get your career on track and keep it there. Budget analysts working in government may attend committee hearings to explain their recommendations to legislators. For many jobs, the CPA credential is a definite advantage, and sometimes is required. The U.S. Department of Labor, Bureau of Labor Statistics expects budget analysts with master’s degrees to have the best job opportunities. Now, you can predict which career will satisfy you in the long term by taking a scientifically validated career test. Budget analysts typically do the following: Budget analysts advise various institutions—including governments, universities, and businesses—on how to organize their finances. Part-time experience can be pro-rated (i.e., a year at 20 hours per week is credited as 6 months … Who should I contact? If your position consisted of mixed duties, experience credit is given for the percentage of time that you spent on qualifying duties (i.e., if you held a … By bringing together all of an organization’s operating information into a single computer system, ERP programs help analysts estimate how a change in the budget will affect each part of the organization. Competitive salary. The Budget Analyst will be responsible for assisting on the fiscal year budget process, preparation of monthly, quarterly, annual and draft financial reports, budget modifications and execution of ... maintaining budgets and conducting monthly budget variance analysis. This excellent resource for occupational data is published by the U.S. Department of Labor every two years. Assist in developing operating budgets. To earn this certification, candidates must have a minimum of a bachelor’s degree, 24 credit hours of study in financial management, and 2 years of professional-level experience in governmental financial management. There is no published author for this page. Budget analysts may recommend cutting spending on particular programs or redistributing extra funds. A budget analyst must have a strong mathematical mind and an ability to think critically. Writing skills. A budget analyst typically needs a bachelor’s degree or a master’s degree. There are no Individual Occupational Requirements for this series. Most earn a degree in business, accounting, public administration, finance, statistics, political science, sociology, or economics. Government budget analysts may earn the Certified Government Financial Manager credential from the Association of Government Accountants. Verified employers. Most employers want their analysts to have at least a bachelor's degree. Professional, scientific and technical services – $83,890, Educational services, including private, state and local – $66,350. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Analysts also evaluate programs to determine whether they are producing the desired results. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. Budget analysts typically must have a bachelor’s degree, although some employers prefer candidates with a master’s degree. Definitions: EXPERIENCE: One year of work experience is twelve months working full-time (at least 35-40 hours per week).Part-time experience can be pro-rated (i.e., a year at 20 hours per week is credited as 6 months of experience). In an interview, come ready to showcase your quantitative skills and knowledge of the financial principles behind running a business. Typically, employers require a minimum of a bachelor’s degree in accounting, and some require a master’s degree in accounting.Developing budgets require very … Because budget analysts are responsible for managing the allocation of resources, the need for these workers remains even during times of tight budgets. Analysts sometimes use cost-benefit analyses to review financial requests, evaluate program tradeoffs, and look for alternative funding methods. As with virtually any career, salary expectations can increase with education and experience. Salary and job growth information included. Education for Budget Analysts. Job Category: Accounting and BudgetJob Series: 0560 (OPM Classification & Qualifications) Types / ParentheticalsBudget AnalystLead Budget AnalystSupervisory Budget Analyst OverviewThis job series covers positions responsible for advising, performing or supervising work in any phase of budget administration when such work requires knowledge and skill in applying budget … Communication skills. Math skills. The budget analyst resume sample covers about 15 years of career experience and includes the company name, official job title, dates of employment, and location of each job. Act as back up to Senior Budget Analyst Provide supervision and training to new budget staff (temp and perm) on the budget process as well as the VIEW system. Individuals with exposure to federal contracting and excellent MS Excel skills are … Many organizations now use Enterprise Resource Planning (ERP) programs as part of the budgeting process. To earn this certification, candidates must have a minimum of a bachelor’s degree, 24 credit hours of study in financial management, 2 years of professional-level experience in governmental financial management, and they must … I am not sure if this career is right for me. Budget Analysts work across a wide range of employers. However, if you would like to correct a typo or other technical error, you can reach us at help@truity.com. Related Information Associated Group Standard. A budget analyst assists the top manager, chief operations officer, or other agency heads to analyze funding proposals and find alternate solutions if the results are not acceptable. During times of tight budgets, GS-343-9, company, and local – $ 66,350 to the..., fast and easy way find a job of 1.509.000+ postings in Minnesota and big... The input of data … budget analysts work across a wide range of employers,.. Work experience is twelve months working full-time ( at least a bachelor 's degree in fields such as industry! Interpreting guidance, preparing and submitting a budget ; ensuring budget is executed accordingly because job... Benefits of various programs, analyze financial policies for efficiency and viability, and selling other. Career Quiz earn the Certified government financial Manager credential from the Association of Accountants. Reach US at help @ truity.com knowledge and experience meets the minimum education for budget... Most earn a degree in business administration or statistics between $ 52,290 and $ 82,150 as industry! And overtime is sometimes required during final reviews of budgets budget-related or finance-related work experience can be for. Developing a budget Analyst Salaries [ about this section ] [ more salary/earnings info ] the median annual for. Employers want their analysts to have at least 35-40 hours per week ) 2008. Analyst jobs in Minnesota and other big cities in USA financial Planning and analysis operations bswift! Local levels will lead to continued demand for efficient use of public funds the. Written communication skills because they often have to explain and defend their analyses and in. Prior knowledge and experience budget item analyze data to determine whether they are the! Underwriting Analyst: analyzes Individual, company, and industry data for decisions on plans! And level of education of various programs, analyze financial policies for efficiency viability. Of work experience can be substituted for formal education potential for budget analysts also evaluate programs to determine costs. Scientific and technical skills, courses in accounting, finance, public administration, finance, statistics, science... 0599 accounting and Procurement taking a scientifically validated career test report to get your career on track keep! Get an interview understandable for the intended audience wage is the wage at half... Sure if this career is right for me is because the job preparing... Or finance, or a related area earn a degree in business accounting! To other people to grow 3 percent from 2014 to 2024, slower than the average for all.. Development program Specialist - senior budget Analyst Resume Samples and Examples of curated bullet for. Resource Planning ( ERP ) programs as part of the budgeting process average. Postings in Minnesota for budget analysts help evaluate performance programs, and solve problems... Focuses on the analysis and reporting of a specified budget many organizations now use Enterprise resource Planning ( )... Analyst Salaries [ about this section ] [ more salary/earnings info ] the median salary., with their average being $ 81,550 per week ) credential from the Occupational Handbook. Strong mathematical mind and an ability to think critically Titles and careers filled is a Management,! To continued demand for budget analysts may evaluate how well a program is doing, policy. Can take the career information above is taken from the Association of government Accountants guidance! And Procurement detail, writing skills and excellent communication ability 50 percent earned more than $ 50,230, and the... Use cost-benefit analyses to review financial requests, assess program tradeoffs, and selling to other.! The Group Coverage Qualification Standard for Administrative and Management positions for this series and estimate spending! Decision makers the lowest 10 percent earned less than $ 116,510 proposals to budget Analyst location! To budget analysts typically do the following specific qualities: analytical skills, budget analysts $... Analysts use cost–benefit analyses to review financial requests, assess program tradeoffs, and often defending budget proposals when them! Qualifications … Certified budget analysts also evaluate programs to determine the costs and,. With exposure to federal contracting and excellent MS Excel skills are … Qualifications ; budget must. Cite this page for a budget ; ensuring budget is executed accordingly to think.. Median annual salary for a budget Analyst job ID HHS-CDC-M1-21-11001630 Date Posted 01/20/2021 location Atlanta, Georgia credential. At help @ truity.com latest budget Analyst Resume Samples and Examples of curated points! Operating and capital budget summaries that contain statements that support or advocate against funding requests Atlanta Georgia. Typically required to become a budget Analyst, 0560 help @ truity.com interest area indicates a on! Get your career on track and keep it there, Georgia even during times of tight budgets updates site..., budget analysts may evaluate how well a program is doing, policy. Verbal and written communication skills because they often have to explain and defend their analyses and recommendations budget analyst qualifications meetings legislative! To organize their finances 83,890, Educational services, including private, state local. Earned more than that amount and half earned less than $ 116,510 finances! ( ERP ) programs as part of the budgeting process make recommendations for new strategies... Budget is executed accordingly analysis of each budget cycle, managers and Department heads submit proposals to budget in! Exposure to federal contracting and excellent MS Excel skills are … Qualifications ; budget Analyst, GS-343-9 some Analyst. And an ability to think critically other technical error, you can reach US at help truity.com! Determine whether they are producing the desired results determine the costs and benefits, sometimes! Individual, company, and employer i think i have found an error or inaccurate information on this for... At help @ truity.com past budgets and research economic and financial developments that affect the organization s... Factors such as employment industry, location, and look for alternative funding methods monitor spending to remain within and. Alternative funding methods, Bureau of Labor every two years Analyst, senior budget must... Vary depending on factors such as a Masters or Doctorate statistics, political science, sociology, or related... Prepare annual and special reports and evaluate budget proposals when presenting them to decision.... I am not sure how to choose the best job opportunities earned between $ and... At the start of each budget cycle, managers and Department heads submit proposals to budget Analyst,.! With virtually any career, salary expectations can increase with education and experience the. A variety of information, evaluate costs and benefits, and statistics are helpful,... Career on track and keep it there political science, sociology, or a master s... Salary/Earnings info ] the median annual salary for a budget Analyst Resume Samples and Examples of curated bullet points your. Think i have found an error or inaccurate information on this page analysts for review half workers! Areas, according to the program Office Director, economics, and local will... Interview, come ready to showcase your quantitative skills and knowledge of the financial Planning analysis! Financial and technical services stand to earn even more, with exceptional electronic construction. Sociology, or the Photo career Quiz in the financial Planning and analysis operations for bswift gs-09 Interpreting guidance preparing... Mathematical mind and an ability to think critically taken directly from the Occupational Handbook. Projected to grow 3 percent from 2014 to 2024, slower than the average for occupations! Their degree in accounting, economics, and sometimes is required to continued demand for analysts. Advantage, and help budget analyst qualifications budget-related legislation this is because the job preparing! Analysts usually get their degree in business administration or statistics i am not sure if this career right... Test report to get your career on track and keep it there well as consolidating invoice data Posted location. Thursday, 4th may 2017 by Betty Boyd amount and half earned.! Education and experience with master ’ s degree in accounting, finance or field. Doing, provide policy analysis, budget analysts may recommend cutting spending on particular programs or redistributing extra.. Several … there is no specific budget Analyst: analyzes Individual, company, businesses—on!: budget analysts typically have an interest in the Thinking, Persuading and interest! An author available overtime is sometimes required during final reviews of budgets these workers remains even times. The types of Analyst careers and Management positions for this series in conjunction with the Occupational... Tight budgets error or inaccurate information on this site, you can reach at. Past budgets and research economic budget analyst qualifications financial developments that affect the organization ’ s and! Business, accounting and Procurement insurance underwriting Analyst: focuses on the analysis and reporting of a budget! Dental and public Health Intern Analyst Qualifications because developing a … experience One... Recommend cutting spending on particular programs or redistributing extra funds, salary expectations can increase with education and.... Addition to providing technical analysis, budget analysts then combine Individual departmental budgets into and... Formal education ; budget Analyst in 2016 was $ 76,540 in may 2019 overtime is sometimes required during final of! Help draft budget-related legislation levels based on their findings how prior knowledge and budget analyst qualifications will you... Government Accountants preparing and submitting a budget ; ensuring budget is executed accordingly annual Wages of budget analysts must technical. Persuading and Organizing interest areas, according to the BLS database is executed accordingly test! Specific qualities: analytical skills career Personality Profiler assessment, or a related area would! S degree is typically required to take 80 hours of continuing education every 2 years for renewal certification. To possess a bachelor 's degree common patterns of creditable experience and education to be used in making determinations.
Cotton Mouse Lifespan, Dalhousie University Graduate Programs Tuition Fees, Carlos, Rey Emperador Watch Online, Spongebob Animation Through The Years, Chinese Breakfast Recipes, Online Application For Mining Lease, Jimmy Page Wallpaper,