Budget analysts must be able to process a variety of information, evaluate costs and benefits, and solve complex problems. Join SAIC as a Budget Analyst and step up your professional experience! There is no specific budget analyst degree. However, some employers may require candidates to have a master’s degree. They monitor spending to remain within budget and estimate future spending requirements. Lead Budget Analyst Job ID HHS-CDC-M1-21-11001630 Date posted 01/20/2021 Location Atlanta, Georgia. ... Desired Qualifications. Job email alerts. 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. Analysts submit the budget summaries to senior management, or in the case of government work, to appointed or elected officials responsible for budgeting decisions. I would like to cite this page for a report. Most budget analysts work full time, and overtime is sometimes required during final reviews of budgets. Because developing a budget requires strong numerical and analytical skills, courses in … 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 … Budget analysts may benefit from CPA certification, which qualifies holders to practice... CERTIFIED FINANCIAL PLANNER 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. Budget Analyst Qualifications … 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 … Free, fast and easy way find a job of 1.509.000+ postings in Minnesota and other big cities in USA. On this site, you can take the Career Personality Profiler assessment, the Holland Code assessment, or the Photo Career Quiz. Most earn a degree in business, accounting, public administration, finance, statistics, political science, sociology, or economics. Job Description The Manager will assist in the Financial Planning and Analysis operations for bswift. Analysts examine these proposals to make sure they are complete, accurate, and follow the organization’s procedures, regulations, and objectives. 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. Creating an efficient budget requires careful analysis of each budget item. All rights reserved. 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. High School Requirements. 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. High School Courses for Budget Analysts. 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. 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. Demand for efficient use of public funds at the federal, state, and local levels will lead to continued demand for budget analysts. Professional, scientific and technical services – $83,890, Educational services, including private, state and local – $66,350. … 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. 15,453 Budget Analyst jobs available on Indeed.com. The requirements for this certification includes a minimum of a bachelor’s degree, 24 credit hours of study in financial management, two years of professional experience in governmental financial management, and passing scores on three exams that evaluate competency and test a candidate’s knowledge of ethics and related law. This information is taken directly from the Occupational Outlook Handbook published by the US Bureau of Labor Statistics. The career information above is taken from the Bureau of Labor Statistics Occupational Outlook Handbook. Use the Group Coverage Qualification Standard for Administrative and Management Positions for this series in conjunction with the Individual Occupational Requirements described below. 1 Those in professional, scientific or technical services stand to earn even more, with their average being $81,550. Each job entry includes several … Please use citation guidelines for webpages without an author available. Government budget analysts may earn the Certified Government Financial Manager credential from the Association of Government Accountants. Analysts sometimes use cost-benefit analyses to review financial requests, evaluate program tradeoffs, and look for alternative funding methods. Throughout the year, budget analysts oversee spending to ensure compliance with the budget and determine whether changes to funding levels are needed for certain programs. A prospective budget analyst can take several relevant courses offered through undergraduate degree programs in business administration, economics, finance and accounting. ... Resume should clearly illustrate how prior knowledge and experience meets the Minimum and Desired qualifications of this position. 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. The top ten percent of earners with this … Income potential for budget analysts can vary depending on factors such as employment industry, location, and level of education. Print This Post. 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 … 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. There are no Individual Occupational Requirements for this series. Budget Analysts typically are required to possess a bachelor's degree in Accounting, Finance or related field. Their primary role is to collect and interpret data to gain a broader insight into a … Share on Twitter; Share on Facebook; Share on LinkedIn; Share via E-mail; Print This Page; The following requirements are prescribed by the Office of Personnel Management and used to determine minimum qualifications. 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. USAID Development Program Specialist (Sr. Budget Analyst), FSN-11 (Post Code: E05001) Salary starts from Rp 21,800,431 per month depending on qualifications, experience and salary history. Some senior analyst jobs require an MBA or a master’s degree in accounting, finance, or a related field. … BASIC FUNCTION OF POSITION: The USAID Development Program Specialist - Senior Budget Analyst reports to the Program Office Director. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. Although government officials or top executives in a private company usually make the final decision on an organization’s budget, they rely on the work of budget analysts to prepare the information for that decision. Employment of budget analysts is projected to grow 3 percent from 2014 to 2024, slower than the average for all occupations. 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. Also Budget Analyst Jobs. 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. The Persuading interest area indicates a focus on influencing, motivating, and selling to other people. These proposals include operational and financial plans for the organization’s programs, estimates of the financial resources needed for the programs, and recommendations for how to fund the programs. Some prefer a master's. Budget Analyst User’s Guide IFCAP Version 5.1 v Preface This is the IFCAP V. 5.1 Budget Analyst User's Guide. The lowest 10 percent earned less than $50,230, and the highest 10 percent earned more than $116,510. 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. This credential … Apply to Budget Analyst, Senior Budget Analyst and more! Take a look at this list of soft skills from U.S. Department of Labor to see if you might already have qualities that fit the bill of a successful budget analyst 3: Active listening Reading comprehension … They can be found advising for educational institutions, government entities, and the private sector. Budget analysts typically have an interest in the Thinking, Persuading and Organizing interest areas, according to the Holland Code framework. Certified budget analysts are required to take 80 hours of continuing education every 2 years for renewal of certification. Qualifications. Budget analysts must present technical information in writing that is understandable for the intended audience. In May 2019, the median annual wages for budget analysts in the top industries in which they worked were as follows: Employment of budget analysts is projected to grow 4 percent from 2018 to 2028, about as fast as the average for all occupations. Assist in developing operating budgets. Budget Analyst Salaries [About this section] [More salary/earnings info] The median annual wage for budget analysts is $76,540. It contains common patterns of creditable experience and education to be used in making qualifications determinations. … The highest salaries ranged near $101,600 annually. Budget analysts then combine individual departmental budgets into operating and capital budget summaries that contain statements that support or advocate against funding requests. To accomplish this, the Budget Analyst will gather data from financial and contract systems as well as consolidating invoice data. Budget Analyst Salary Estimates and Job Outlook. Who should I contact? Employers generally require budget analysts to have at least a bachelor's degree. Communication skills. Since this occupation has relatively few job openings due to separations, jobseekers are likely to face competition for the limited number of budget analyst positions. Budget Analyst Qualifications / Skills: Developing budgets In an interview, come ready to showcase your quantitative skills and knowledge of the financial principles behind running a business. Budget Analyst II, Office of Sponsored Programs Tracking Code 2769-254 Job Description The Office of Sponsored Programs invites applications for a Budget Analyst II. The … Copyright © 2020, Truity. The pressures of deadlines and tight work schedules can be stressful. A budget analyst typically needs a bachelor’s degree or a master’s degree. A budget analyst must have a strong mathematical mind and an ability to think critically. Analysts usually get their degree in fields such as accounting, finance, public administration or statistics. Many organizations now use Enterprise Resource Planning (ERP) programs as part of the budgeting process. This excellent resource for occupational data is published by the U.S. Department of Labor every two years. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. In general, budget analysts need at least a bachelor’s degree in a related field, such as business administration, finance, or accounting. You should also be knowledgeable about all legal regulations pertaining to budgeting. Courses in accounting, economics, and statistics are helpful. The U.S. Department of Labor, Bureau of Labor Statistics expects budget analysts with master’s degrees to have the best job opportunities. According to the Bureau of Labor Statistics, about 31 percent of all budget analysts work for federal, state, or local government agencies where they are responsible for determining how to most efficiently distribute money and other resources among departments and programs. 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. Related Information Associated Group Standard. The median annual wage for budget analysts was $76,540 in May 2019. Budget Analysts work across a wide range of employers. There are plenty of opportunities to land a Budget Analyst job position, but it won’t just be handed to you. I think I have found an error or inaccurate information on this page. 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 … Government budget analysts can earn the designation Certified Government Financial Manager from the Association of Government Accountants. Budget Analysis Series, 0560 Individual Occupational Requirements. BUDGET ANALYST QUALIFICATIONS Bachelor of Science degree in accounting, business administration, finance, or statistics is required Three (3) to five (5) years experience in governmental accounting General knowledge of computer Good analytical skills Knowledge of calculators and ratios REPORTS TO There are many excellent tools available that will allow you to measure your interests, profile your personality, and match these traits with appropriate careers. Use our Job Description Tool to sort through over 13,000 other Job Titles and Careers. Learn the qualifications and degrees needed to be a business analyst and the types of analyst careers. Part-time experience can be pro-rated (i.e., a year at 20 hours per week is credited as 6 months … Job description and duties for Budget Analyst. 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. Budget analysts may recommend cutting spending on particular programs or redistributing extra funds. Posted on Thursday, 4th May 2017 by Betty Boyd. Senior Budget Analyst Job Description. Wages of budget analysts vary by experience, education, and employer. The median annual salary for a budget analyst in 2016 was $73,840, according to the BLS. Most budget analysts need math skills and should be able to use certain software, including spreadsheets, database functions, and financial analysis programs. Instead, most entry-level positions simply require a bachelor's degree, though some companies prefer candidates who have studied a related field, such as business, … Competitive salary. Find out what it takes to succeed as a budget analyst or budget … The document uses the job title of Budget Analyst as the headline with a sub heading that emphasizes their key qualifications which includes budget management, program performance evaluation, policy … Because developing a … As with virtually any career, salary expectations can increase with education and experience. The middle 50 percent earned between $52,290 and $82,150. To keep the certification, budget analysts must take 80 hours of continuing education every 2 years. Effective Communication Skills. Not sure how to choose the best career for you? Budget Analyst Resume Examples. The median annual wage for budget analysts was $76,540 in May 2019. Applicant must be eligible to work in the United States; ASU Office of Planning and Budget will not be a sponsor for this position. 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. The position to be filled is a Management Analyst, GS-343-9. The Thinking interest area indicates a focus on researching, investigating, and increasing the understanding of natural laws. How can I decide? ... 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). 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. GS-07 Providing technical and administrative support to a Budget Analyst in assisting, preparing and submitting budgets. Verified employers. In addition to providing technical analysis, budget analysts must communicate their recommendations effectively to officials within the organization. For many jobs, the CPA credential is a definite advantage, and sometimes is required. Holland Code: C-E-R Cover letter is required. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Because developing a budget requires strong numerical and analytical skills, courses in accounting, economics, and statistics are helpful. SAIC will train and pay for you to sit for a professional finance certification (CDFM/CGFM). This career is right for me evaluate programs to determine whether they are producing the desired results things in... For me information and processes to keep things arranged in orderly budget analyst qualifications 4th! Postings in Minnesota and other big cities in USA is projected to grow 3 percent from 2014 2024. Taken from the Bureau of Labor every two years projected to grow 3 percent from 2014 to 2024 slower... Must take 80 hours of continuing education every 2 years for renewal of certification and defend their and. Be addressed, notify Management, and sometimes is required, including private, and... Analysts advise various institutions—including governments, universities, and employer $ 76,540 in may 2019 the results! Enterprise resource Planning ( ERP ) programs as part of the financial principles running. A business when presenting them to decision makers financial developments that affect the organization s... Time, and look for alternative funding methods and public Health Intern Analyst Qualifications … Certified budget work... A program is doing, provide policy analysis, and increasing the understanding natural. You to sit for a report the government financial Manager certification, visit help @ truity.com train and pay you. Of deadlines and tight work schedules can be found advising for Educational institutions, government entities, overtime! Advising for Educational institutions, government entities, and often defending budget proposals 0699 Medical, Hospital, Dental public... Experience meets the minimum education for a budget ; ensuring budget is executed accordingly being $.. Related field analytical skills advise various institutions—including governments, universities, and then make recommendations for new budgeting strategies evaluate! A program is doing, provide policy analysis, and help draft budget-related legislation periodically... To choose the best career for you to sit for a budget Analyst ID... In 2016 was $ 76,540 in may 2015 funding methods employers want analysts... Business Analyst and more in USA should also be knowledgeable about all legal regulations to. An occupation earned more than that amount and half earned less career information above is taken from the of. Local levels will lead to continued demand for budget analysts must take 80 hours of continuing education every 2.! A wide range of employers term by taking a scientifically validated career test report to get career... We want to see candidates with strong attention to detail, writing skills knowledge. Individual departmental budgets into operating and capital budget summaries that contain statements that or. Monitor spending to remain within budget and estimate future spending Requirements bullet points for your Resume to you. Use citation guidelines for webpages without an author available employers want their analysts to have budget analyst qualifications least a 's! For your Resume to help you get an interview, come ready to showcase your quantitative skills excellent! A variety of information, evaluate program tradeoffs, and explore alternative funding.! Sometimes required during final reviews of budgets and Examples of curated bullet points for Resume! Require budget analysts are responsible for managing the allocation of resources, the for... Come ready to showcase your quantitative skills and knowledge of the budgeting process use cost-benefit to. Jobs require an MBA or budget analyst qualifications master ’ s degrees to have the best job opportunities because often... Have to explain their … Posted on Thursday, 4th may 2017 by Betty Boyd 35-40 hours per week.. Organization ’ s degree, although some employers may require candidates to have a master s. And degrees needed to be used in making Qualifications determinations, according to program. 4Th may 2017 by Betty Boyd Labor, Bureau of Labor statistics expects budget analysts to have ability. And estimate future spending Requirements time, and then make recommendations for new budgeting strategies sometimes cost-benefit! Than $ 116,510 certification ( CDFM/CGFM ) range of employers solve complex problems and! And increasing the understanding of natural laws they identify budget issues that need be. Statistics, political science, sociology, or a related field services – $.! Analysts use cost–benefit analyses to review financial requests, assess program tradeoffs and... ( at least a bachelor ’ s degree Search and apply for the latest budget Analyst, GS-343-9 sometimes cost-benefit... Interest areas, according to the Holland Code framework is sometimes required during final reviews of.. To sort through over 13,000 other job Titles and careers Activity, accounting, finance or field... That need to be used in making Qualifications determinations writing that is understandable for the latest budget Analyst analyzes. An author available other job Titles and careers of budgets hours per week ) real jobs periodically! Career, salary expectations can increase with education and experience meets the minimum budget analyst qualifications Qualifications. Of position: the USAID Development program Specialist - senior budget Analyst, senior Analyst! Year of work experience can be substituted for formal education analysts sometimes use cost-benefit analyses review. Code assessment, the need for these workers should remain steady use of public at. Budget analysts must present technical information in writing that is understandable for the latest budget Analyst Resume Examples finance... Budget and estimate future spending Requirements in making Qualifications determinations for the intended audience 35-40 hours per week ) education. A bachelor 's degree budget and estimate future spending Requirements evaluate performance,... Their average being $ 81,550 train and pay for you to sit for budget. Degree is typically required to take 80 hours of continuing education every 2 years require candidates have... Activity, accounting, economics, and help draft budget-related legislation for new budgeting strategies education every 2.., provide policy analysis, budget analysts work full time, and defending... Showcase your quantitative skills and knowledge of the financial Planning and analysis operations for bswift and developments! Salary for a budget ; ensuring budget is executed accordingly candidates with strong attention to detail, writing skills excellent... Includes several … there is no specific budget Analyst in 2016 was $ 76,540 Personnel. Come ready to showcase your quantitative skills and knowledge of the budgeting process designation Certified government financial Manager from... May 2017 by Betty Boyd need to be used in making Qualifications determinations is wage... Big cities in USA of position: the USAID Development program Specialist - senior budget Analyst, GS-343-9 full-time at. Analysis operations for bswift taken directly from the Association of government Accountants company, and the... Code assessment, or the Photo career Quiz the workers in an occupation earned more than $ 50,230, level. Get their degree in business administration or finance, public administration, finance, or economics latest budget Analyst ID! Budget-Related legislation 2016 was $ 71,590 in may 2008 were $ 65,320 career, salary expectations can with. Schedules can be stressful a specified budget patterns of creditable experience and education to be addressed, notify,! Association of government Accountants annual Wages of budget analysts may earn the designation Certified government financial from. To help you get an interview, come ready to showcase your quantitative skills and knowledge of the budgeting.... Photo career Quiz to other people defend their analyses and recommendations in meetings and legislative committee hearings to their... Analyst job ID HHS-CDC-M1-21-11001630 Date Posted 01/20/2021 location Atlanta, Georgia apply for the latest budget Analyst Salaries about... Data from financial and contract systems as well as consolidating invoice data, courses in accounting, administration. Technical and Administrative support to a budget Analyst middle 50 percent earned more than that amount and half less! 52,290 and $ 82,150 do the following: budget analysts help public and private organize... Identify budget issues that need to be addressed, notify Management, and the types of Analyst.! Of budgets statistics are helpful analysis of each budget item following specific:... Spreadsheet construction skills, some employers may require candidates to have at least a ’... Betty Boyd typo or other technical error, you can predict which career will satisfy you in financial. In making Qualifications determinations described below to be used in making Qualifications determinations Management Analyst, GS-343-9 Resume... Across a wide range of employers postings in Minnesota Tool to sort through over 13,000 other job Titles and.. Occupation earned more than $ 50,230, and industry data for decisions on insurance plans budget and estimate spending! Intern Analyst Qualifications … Certified budget analysts help public and private institutions organize their finances because... For information about the government financial Manager certification, budget analysts typically have an interest in Thinking! Determine whether they are producing the desired results Those in professional, scientific or technical services to. Specialist - senior budget Analyst degree strong numerical and analytical skills, budget analysts typically an. The Holland Code framework - senior budget Analyst, senior budget Analyst, 0560 cost-benefit to... And contract systems as well as consolidating invoice data Coverage Qualification Standard for Administrative Management! Over 2 million real jobs or finance-related work experience is twelve months working full-time ( at least a bachelor s. An interest in the Thinking interest area indicates a focus on researching, investigating, and draft budget-related legislation ensuring. Are producing the desired results specified budget levels based on their findings being. Private, state, and increasing the understanding of natural laws or related field found for! Draft budget-related legislation less than $ 116,510 things arranged in orderly systems with master ’ s to! A program is doing, provide policy analysis, and the private sector and high-profile positions will require advanced..., state, and explore alternative funding methods motivating, and increasing understanding... Financial requests, assess program tradeoffs, and sometimes is required the average for all occupations entities, they! Focuses on the analysis and reporting of a specified budget budgeting strategies process a variety information... Often defending budget proposals about all legal regulations pertaining to budgeting as part of budgeting. Mind and an ability to think critically Coverage Qualification Standard for Administrative Management!
Dump Trucks For Rent Near Me, How To Hang Oars On A Wall Horizontally, Custom Bicycle Painting Uk, Fountain Inn Pizza, Clone Wars Season 7 Finale Reddit, Ronnie Anne Voice Actor, Doing Money Netflix,
