Apply to Budget Analyst, Senior Budget Analyst and more! The minimum education for a budget analyst is a bachelor’s degree in accounting, finance, or a related area. The Organizing interest area indicates a focus on working with information and processes to keep things arranged in orderly systems. The top ten percent of earners with this … Courses in accounting, economics, and statistics are helpful. Some prefer a master's. Free, fast and easy way find a job of 1.509.000+ postings in Minnesota and other big cities in USA. 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. 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 … However, some employers may require candidates to have a master’s degree. 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. Use our Job Search Tool to sort through over 2 million real jobs. 15,453 Budget Analyst jobs available on Indeed.com. Budget analysts typically do the following: Budget analysts advise various institutions—including governments, universities, and businesses—on how to organize their finances. Employers generally require budget analysts to have at least a bachelor’s degree. IFCAP stands for Integrated Funds Distribution, Control Point Activity, Accounting and Procurement. Analysts sometimes use cost-benefit analyses to review financial requests, evaluate program tradeoffs, and look for alternative funding methods. Budget Analysts work across a wide range of employers. 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. Analyst Qualifications. To accomplish this, the Budget Analyst will gather data from financial and contract systems as well as consolidating invoice data. The median annual wage for budget analysts was $71,590 in May 2015. Search and apply for the latest Budget analyst jobs in Minnesota. Most earn a degree in business, accounting, public administration, finance, statistics, political science, sociology, or economics. Education for Budget Analysts. GS-09 Interpreting guidance, preparing and submitting a budget; ensuring budget is executed accordingly. Because developing a … In addition to financial and technical skills, budget analysts need strong verbal and written communication skills. Online AS and BS in Accounting with focus of Finance or Forensic Accounting, Online BS-Accounting and a BS-Accounting CPA Pathway, Associate's and Bachelor's Degree Programs, Online MBA and MS in Accounting with numerous focus options, Master of Science in Accounting – General, Online MBA Accounting and Finance Self-Designed, Best 100% Online Accounting Master’s Programs 2018, Most Affordable Bachelor Degree Programs in Accounting, Most Affordable Master’s Degree Programs in Accounting, NASBA – National Association of State Boards of Accountancy, IMA – Association for Accountants and Financial Professionals in Business, AGA – Association of Government Accountants, CGMA – Chartered Global Management Accountants, CIMA – Chartered Institute of Management Accountants, CPA – Chartered Professional Accountants of Canada, FASAB – Federal Accounting Standards Advisory Board, FASB – Financial Accounting Standards Board, GASB – Government Accounting Standards Board, IFAC – International Federation of Accountants, IASB – International Accounting Standards Board, SPAC – Society of Professional Accountants of Canada, Prepare, maintain, and analyze balance sheets, income statements, and other financial records and reports, Monitor disbursements (such as payments to vendors) and research problems to identify issues and recommend corrections, Help prepare monthly metrics reports, internal management reports, and external regulatory reports, Help present financial data, progress, and performance metrics information for briefings and other presentations, Research complex accounting issues and errors to find solutions. Sometimes, budget analysts use cost–benefit analyses to review financial requests, assess program tradeoffs, and explore alternative funding methods. It contains common patterns of creditable experience and education to be used in making qualifications determinations. In large organizations such as major corporations and state and local governments, a senior budget analyst leads a team of other budget analysts and financial specialists in developing the annual budget. Employers generally require budget analysts to have at least a bachelor's degree. A prospective budget analyst can take several relevant courses offered through undergraduate degree programs in business administration, economics, finance and accounting. Analysts also evaluate programs to determine whether they are producing the desired results. In general, budget analysts need at least a bachelor’s degree in a related field, such as business administration, finance, or accounting. Most budget analysts work full time, and overtime is sometimes required during final reviews of budgets. 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. In this role, your responsibilities will include all aspects of formulation, analysis, justification, and automation of Intel Community (IC) budgets. Qualifications; Budget Analyst, 0560 Budget Analyst, 0560. The minimum education for a budget analyst is a bachelor’s degree in accounting, finance, or a related area. Budget Analysis Series, 0560 Individual Occupational Requirements. In addition to providing technical analysis, budget analysts must communicate their recommendations effectively to officials within the organization. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. Truity periodically updates our site with information from the BLS database. How can I decide? 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 … Posted on Thursday, 4th May 2017 by Betty Boyd. 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. Lead Budget Analyst Job ID HHS-CDC-M1-21-11001630 Date posted 01/20/2021 Location Atlanta, Georgia. The job responsibilities of more experienced analysts include more complex tasks: In preparing, coordinating, monitoring, and analyzing budgets, the initial budgeting process typically involves four components: Budget analysts use spreadsheet, database, and financial analysis software. SAIC will train and pay for you to sit for a professional finance certification (CDFM/CGFM). The Budget Analyst will be responsible for developing budgets, monitoring and reporting on the status of Information Technology and other projects for a Federal Government Client. There is no specific budget analyst degree. A budget analyst must have a strong mathematical mind and an ability to think critically. The median annual salary for a budget analyst in 2016 was $73,840, according to the BLS. Although many states are facing budget shortfalls, employment of these workers should remain steady. 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 … Budget analysts must be able to process a variety of information, evaluate costs and benefits, and solve complex problems. Income potential for budget analysts can vary depending on factors such as employment industry, location, and level of education. 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. … ... Desired Qualifications. Budget analysts working in government may attend committee hearings to explain their recommendations to legislators. Competitive salary. To keep the certification, budget analysts must take 80 hours of continuing education every 2 years. 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. Budget Analyst Resume Samples and examples of curated bullet points for your resume to help you get an interview. Because budget analysts are responsible for managing the allocation of resources, the need for these workers remains even during times of tight budgets. Many organizations now use Enterprise Resource Planning (ERP) programs as part of the budgeting process. Job Outlook. The … This is because the job involves preparing, presenting, and often defending budget proposals when presenting them to decision makers. A bachelor’s degree is typically required to become a budget analyst. There is no published author for this page. Most employers want their analysts to have at least a bachelor's degree. Some government budget analysts help evaluate performance programs, analyze financial policies for efficiency and viability, and help draft budget-related legislation. The middle 50 percent earned between $52,290 and $82,150. There are many excellent tools available that will allow you to measure your interests, profile your personality, and match these traits with appropriate careers. Credentials and Licensing CERTIFIED PUBLIC ACCOUNTANT Each job entry includes several … Assist budget holders with the input of data … 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. The budget analyst series covers positions that perform, advise on, or supervise work in any of the phases of budget administration when such work requires knowledge and skill in applying budget … ... Associated Group Standard. 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. 1 Those in professional, scientific or technical services stand to earn even more, with their average being $81,550. 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. Budget analyst Interview Questions "Employers hiring budget analysts are looking for bright candidates who can evaluate business expenses and identity ways to make their company more cost effective. The lowest 10 percent earned less than $50,230, and the highest 10 percent earned more than $116,510. 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 This excellent resource for occupational data is published by the U.S. Department of Labor every two years. 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. Salary and job growth information included. 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. The position to be filled is a Management Analyst, GS-343-9. An entry-level budget analyst often starts with the straightforward tasks of preparing and posting journal entries, reconciling the general ledger account, and closing end-of-month accounts. Join SAIC as a Budget Analyst and step up your professional experience! Employers generally require budget analysts to have at least a bachelor's degree. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. On this site, you can take the Career Personality Profiler assessment, the Holland Code assessment, or the Photo Career Quiz. 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. 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. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. I would like to cite this page for a report. Budget Analyst User’s Guide IFCAP Version 5.1 v Preface This is the IFCAP V. 5.1 Budget Analyst User's Guide. The budget analyst position is accountable for preparing the annual budget, comparing it to actual results, and reporting on variances from the budget. Budget Analyst Qualifications / Skills: Developing budgets Certified budget analysts are required to take 80 hours of continuing education every 2 years for renewal of certification. Math skills. 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. Associate Budget Analyst – $5,149.00 - $6,664.00 per month View the Associate Budget Analyst classification specification APPLICATION INSTRUCTIONS Final Filing Date: Continuous Who Should Apply: Applicants who meet the minimum qualifications as stated on this bulletin may apply for and take this examination. Some senior analyst jobs require an MBA or a master’s degree in accounting, finance, or a related … As with virtually any career, salary expectations can increase with education and experience. Copyright © 2020, Truity. They can be found advising for educational institutions, government entities, and the private sector. Budget Analyst Education 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. Now, you can predict which career will satisfy you in the long term by taking a scientifically validated career test. Median annual wages of budget analysts in May 2008 were $65,320. Budget analysts should also possess the following specific qualities: Analytical skills. The pressures of deadlines and tight work schedules can be stressful. Please use citation guidelines for webpages without an author available. Must have excellent communication and writing skills. 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. 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. Professional, scientific and technical services – $83,890, Educational services, including private, state and local – $66,350. Crafting a Budget Analyst resume that catches the attention of hiring managers is paramount to getting the job, and LiveCareer is … 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. Occasionally, budget analysts may evaluate how well a program is doing, provide policy analysis, and draft budget-related legislation. BASIC FUNCTION OF POSITION: The USAID Development Program Specialist - Senior Budget Analyst reports to the Program Office Director. U.S. Office of Personnel Management… … ... 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