Budget Analyst Job Description
Budget analyst
provides the total spectrum of programming, budgeting , execution, and of review of highly complex Security Cooperation (SC) programs.
Budget Analyst Duties & Responsibilities
To write an effective budget analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included budget analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
General knowledge of Colorado statewide fiscal rules, university accounting, budgeting, and procurement policies and procedures, and generally accepted accounting principles (GAAP)
Develop budgeting procedures and guidelines and ensure that they are complied with
Assist General Accounting with monthly financial report preparation
Coordinate with accounting in processing actuals versus budget performance reports
Support the budget execution process of the Client
Work with budget advisors, cost accounting and vendor management to resolve issues in requisitions
Review lease statistics, market to market, expiration tables
Assist in special projects, such as automating operating and real estate expense pools
Test the budget system downloads into the DYNA financial reporting tool
Oversee staff to ensure accurate and timely completion of company reporting objectives
Budget Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Budget Analyst
List any licenses or certifications required by the position: IAW, NDAA, FINANCIAL, MANAGEMENT, DAWIA, II, CFA, CGFM, GS, DISA
Education for Budget Analyst
Typically a job would require a certain level of education.
Employers hiring for the budget analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Education, Business/Administration, Finance, Public Administration, Graduate Education, Graduate, Business, Management, Economics
Skills for Budget Analyst
Desired skills for budget analyst include:
Excel
Execution process
Procedures
Programming
Budgeting
Accounting
SAP/Business Warehouse
Earned value management and program management/scheduling tools and techniques
Job area typically obtained through advanced education combined with experience
MS Office suite of products
Desired experience for budget analyst includes:
Review and analyze G/L and statistical data (primarily square footage and occupancy information)
Ability to develop operating plans, track obligations, project use of funds, compare spend plans against fund limitations, and perform financial reconciliations, ad hoc analyses
Exceptional research skills and an ability to communicate findings effectively to diverse audiences Exceptional analytic capability, problem-solving skills, and sound judgment
Analyzing trends for a large volume of complex data, experience utilizing SQL is a plus
Ability to take initiative, to work both independently and as a member of a team, and to lead projects
Reviews, analyzes and tracks budget increases
Budget Analyst Examples
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Budget Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a budget analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for budget analyst
- Prepare quarter-end accruals and reclasses
- Frequent meetings with internal marketing stakeholders to resolve their needs
- Sets up and maintains accounts
- Inputs employee payroll information into system
- Contacts vendors or other Divisions to resolve issues that come up to process the payment request
- Designs, develop and prepare various financials
- Makes recommendations to improve efficiency
- Maintains expense and audit records for inventories and budget balances
- Coordinates monthly compilation of statistical data for internal and external reporting
- Prepares monthly updates, balances system to general ledger and updates chart as needed
Qualifications for budget analyst
- DYNA / ARGUS cash flow analysis experience preferred
- BA or BS degree in Business or Finance
- Ability to communicate with a non-technical audience, understand business needs, and translate them into technical finance requirements
- 1 Year Minimum Field of Expertise
- Leads employees performing similar work on a project basis
- May oversee student, temporary and/or casual workers
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Budget Analyst Job Description
Job Description Example
Our growing company is looking for a budget analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for budget analyst
- Tracks DOD Lines of Accounting (LOAs)/fund cites and their data elements including Responsibility Center/Cost Centers (RCCCs), Element of Expense/Investment Codes (EEICs), Object Classes, and Project, Task, Expenditure Types (PTEOs)
- Provides financial and operational support in the Defense Travel System (DTS)/Defense Travel Administrator (DTA) Management tools/system for assignment of Lines of Accounting (LOA) for cross-organizational (X-orgs) access to LOAs and the internal processing for each department
- Tracks incoming and outgoing government funding documents up to and including closeout procedures with the appropriate sponsoring agency comptroller
- Timely development, maintenance and delivery of budget control reports
- Ensure invoices reconcile against estimates, follow up on and discrepancies to final resolution
- Track underage for potential reinvestment
- Assist in the negotiation / development of Term Sheets and Leases
- Perform timely and accurate regulatory filings
- Analyze and resolve blocked invoices, Purchase Order Goods Receipt/Invoice Receipt variances invoice exceptions in a timely and efficient manner
- Process CIF and O&M project budget requests (requisitions)
Qualifications for budget analyst
- Training on internal departmental protocols for PCard processing to facilitate the reconciliation process
- Experience conducting monthly analysis, and journal voucher corrections while auditing the standard ASR reports
- Experience auditing purchase orders to ensure the cost actually posts to the General Ledger
- Analyzing and processing invoice payments
- Experience establishing new vendors – including international business entities
- Ability to handle multiple tasks and respond with accuracy to deadlines
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Budget Analyst Job Description
Job Description Example
Our growing company is looking for a budget analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for budget analyst
- Experience supporting monthly Unliquidated Obligation (ULO) reviews by validating obligation status and preparing/submitting adjustment documentation
- Assisting in the development, analysis, review and compiling Unfunded Requirements (UFR) list for a large Federal government entity with multiple directorates
- Identifies and analyzes trends in the receipt, obligation, and expenditure of funds to ensure objectives of annual budget plans and estimates are used to support multiple program objectives across the organization
- Monitors and tracks obligations and expenditures throughout the execution phase of the annual operating budget for operations and other procurement actions
- Verifies that obligations and expenditures occur on a timely basis according to the annual operating budget for operations and other procurement actions
- Provides assistance with reports and explanation of variations in excess of funding limits to the Business Executive, his staff, and other directorate personnel, as required
- Prepares budget and data summaries for inclusion in routine and special reports on budget execution
- Develop a variety of real time budget information and reports on budget execution for the Business Executive, his team, and individual directorate budget POCs
- Provides support to the Business Executive team by preparing reports to document expenditure and obligations for funds allocated to support personnel costs, contracts, travel, supplies and equipment, and other assigned program elements
- Provides other budgetary and analysis support to the Business Executive team, as needed
Qualifications for budget analyst
- Knowledge and proficiency in applying federal financial principles and concepts
- Ability to multi-task in delivering time-sensitive and important work product
- Knowledge and ability to plan, formulate, and execute large R&D and O&M budgets, backed by skill in quantitative/statistical analysis and application of arithmetical concepts
- Bachelors Degree in Business Administration, with 0 to 2 years of relevant experience
- This requisition will remain open until filled
- 10+ years of experience with providing budget analysis and support in the IC
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Budget Analyst Job Description
Job Description Example
Our company is hiring for a budget analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for budget analyst
- Support the development and management of client’s strategic goals, objectives and performance metrics at an enterprise level
- Conduct data collection, research and analysis
- Monitors execution and facilitates reconciliation of assigned budget and analytical analysis for the Comptroller’s Office using financial analysis background for financial plan review and tracking of plan to allocations and actual expenditures
- Conducts proactive engagement, collaboration, and communication (both orally and electronically) with the comptroller and resource staff, department heads, course directors, and HQ staff (HQ FM and Budget offices), Contracting Officers/Specialists and other departments within the DoD community
- Track contracts and financial records for the comptroller by applying file management concepts
- Perform the development and preparation of the AWCF Program Objective Memorandum (POM) and AWCF
- Budget Estimate Submission (BES) to include narrative justifications, which justifications will be submitted to higher headquarters for consideration
- Developing and executing corrective action plans to improve the timeliness and quality of financial information, mitigation of internal control deficiencies
- Assists the Business Manager in developing funding strategies to allow LSDVI to provide the most cost efficient services possible and utilize all available funds
- Monitors grant budgets and claims for reimbursement of expenditures from local, state and federal agencies
Qualifications for budget analyst
- Listens effectively to client’s priorities and requirements
- Bachelor’s Degree in Business, Accounting, Finance or related business field required
- Demonstrated experience with Enterprise Solutions applications and budgeting systems
- BA/BS in financial management or related field
- 10 years’ operations and financial management in Special Operations Forces (SOF)/DOD
- 5 years’ experience in budgeting to include Operations and Maintenance (O&M)
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Budget Analyst Job Description
Job Description Example
Our growing company is hiring for a budget analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for budget analyst
- Work with Director of Budget Services and school clients to develop reports (in Tableau, Excel, and other platforms as appropriate)
- Perform data entry into Axiom (budgeting software)
- Evaluate and project salary and benefit expenses and analyze the impact of current/proposed personnel levels
- Prepare internal service allocation schedules, cost allocation plans and fee studies
- Review departmental staff reports related to the budget
- Develop the forecast of funds needed for staffing, equipment, materials, and supplies
- Develop and maintain comprehensive financial reports
- Provide highly responsible and complex administrative support to the Administrative Services Director/Chief Financial Officer
- Attend and participate in professional organizations
- Respond to and resolve difficult and sensitive citizen inquiries and complaints
Qualifications for budget analyst
- 3 years’ experience working with reimbursable and direct cite funding applications various types of funding, counter narcotics, counter terrorism fellowship program
- Bachelor's degree in Accounting or Finance plus a minimum of 5-8 years of related and progressive work experience
- Proficiency in MS Excel (lookups, pivot tables, and macros) and Qlikview (end user and development) is a must
- Must have strong analytical skills, excellent communications skills and the ability
- Consolidate the accuracy of budget data estimates by the use of statistical techniques, , extensions, averages, trend analysis of historical data
- 4 year undergraduate degree in Accounting or Finance