Budget Analyst Job Description

What is a Budget Analyst?

Budget Analysts work across a wide range of employers. They can be found advising for educational institutions, government entities, and the private sector. Their primary role is to collect and interpret data to gain a broader insight into a client's current financial situation. With this information, a client can then plan a course of action to correct down-trends or sustain growth in their company

Budget Analysts typically are required to possess a bachelor's degree in Accounting, Finance or related field. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. For some Federal and State jobs a simple four-year degree from an accredited college is sufficient to be employed in a low-level position. This particular field requires intense computations and analytics. Possessing a degree centered around Math and or Statistics is a significant advantage in the industry.

Budget Analyst Job Description Template

Job Overview

Here at XYZ Inc., we are the leading company in our industry in the Capital City area. We're pleased to have a 3.8 Glassdoor rating from our employees. We are hiring an experienced Budget Analyst to help us keep growing. If you're dedicated and ambitious, XYZ Inc. is an excellent place to grow your career. Don't hesitate to apply.

Responsibilities for Budget Analyst

  • Collaborate with senior staff and department heads to develop an analysis strategy
  • Look over pre existing and past budgets to identify weaknesses
  • Request financial analysis reports from the head of every department
  • Collate, analyse and interpret data to develop a snapshot of existing financial operations
  • Identify inefficiencies or problem areas to be improved
  • Present findings to COO or board of directors
  • Advise senior staff as to what improvements can be made
  • Oversee the role out of strategic financial changes

Qualifications for Budget Analyst

  • bachelor's in Accounting, Statistics or Finance (preferred)
  • Certified Personal Accountant (preferred)
  • Advanced Degree (preferred)
  • Certified Government Financial Manager (preferred)
  • A background in a budgetary roll
  • Strong computational and mathematical abilities
  • Robust interpersonal skills - Must be a people person
  • A good eye for detail
  • Ability to pass a background check

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Employers: How to Write Great Job Descriptions

  • Be sure to mention requisite years of experience and educational requirements
  • Tell job seekers what's unique about your company and job
  • Ideal length is a few paragraphs or about 200 words
  • Make sure to use appropriate paragraph breaks and bullet points so it’s easy on the eyes
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