Median Annual Wage: $71,220
Education: Bachelor's degree (65%); Master's degree (11%); High school diploma or equivalent (8%)
Projected Growth: Slower than average (3% to 7%)
Related Job Titles: Cost Accountant; Accounting Supervisor; Budget Analyst; Budget Officer; Budget and Policy Analyst; Chief Financial Officer (CFO); Staff Analyst; Budget Coordinator
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Source: O*NET OnLine information for Budget Analysts.
More Business and Financial Operations Careers
- Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
- Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
- Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
- Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
- Review operating budgets to analyze trends affecting budget needs.
- Consult with managers to ensure that budget adjustments are made in accordance with program changes.
- Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
- Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
- Interpret budget directives and establish policies for carrying out directives.
- Seek new ways to improve efficiency and increase profits.
Source: O*NET OnLine information for Budget Analysts.
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- Speaking - Talking to others to convey information effectively.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Mathematics - Using mathematics to solve problems.
- Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
- Time Management - Managing one's own time and the time of others.
- Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
Source: O*NET OnLine information for Budget Analysts.