Also called: Analyst, Budget Analyst, Budget Officer, Management and Budget Analyst
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Capable of both developing and communicating a budget for a multimillion-dollar organization… budget analysts help institutions organize their finances. Whether for public offices or private companies, budget analysts prepare budget reports and evaluate budget proposals. Budget analysts analyze data to determine the costs and benefits of various programs, and recommend funding levels based on their findings. The final decision on an organization’s budget generally comes down to high-level executives or government officials, but they rely heavily on the competence of budget analysts when making those decisions. They also oversee spending throughout the year to keep spending within the budget, or revise it when changing circumstances demand it. They may recommend program cuts or evaluate the return on investment of particular efforts. Budget analysts usually work in offices, but some may travel to gather information firsthand. They work in government agencies, universities, and private companies. Budget analysts generally work full time, and overtime is sometimes required during final reviews of budgets. The tight work schedules and pressure of deadlines can be stressful. Most budget analysts have at least a bachelor's degree, though related work experience can sometimes suffice. Courses in accounting, economics, and statistics are helpful. Government positions may require certification.
What they do:Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
On the job, you would:
- Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
- Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
- Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
Math and Science
Arts and Humanities
Safety and Government
People and Technology Systems
Ideas and Logic
People interested in this work like activities that include data, detail, and regular routines.
They do well at jobs that need:
You might use software like this on the job:
Financial analysis software
Data base user interface and query software
See more details at O*NET OnLine about budget analysts.