Budget Analysts
SOC: 13-2031.00

Description:

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.


National Salary Information:

Hourly Statistics:

Annual Statistics:

Source: Bureau of Labor Statistics 2015 wage data.


Employment Projections:

Employment (2014):
60,800 employed

Projected (2024):
62,300 employed

Projected growth (2014-2024)


Source: Bureau of Labor Statistics 2015 2014-2024 employment projections external site. "Projected growth" represents the estimated change in total employment over the projections period (2014-2024). "Projected job openings" represent openings due to growth and replacement.


Alternate Titles:

  • Accountant
  • Accounting Supervisor
  • Budget Analyst
  • Budget and Policy Analyst
  • Budget Coordinator
  • Budget Engineer
  • Budget Examiner
  • Budget Manager
  • Budget Officer
  • Chief Financial Officer (CFO)
  • Controller
  • Cost Accountant
  • Cost Analyst
  • Financial Analyst
  • Fiscal Agent
  • Fiscal Officer
  • Program Analyst
  • Staff Analyst


  • Job Zone Four: Considerable Preparation Needed

    Experience:

    A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

    Education:

    Most of these occupations require a four-year bachelor's degree, but some do not.

    Job Training:

    Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.


    Required Skills:

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Mathematics
  • Science
  • Critical Thinking
  • Active Learning
  • Learning Strategies
  • Monitoring
  • Social Perceptiveness
  • Coordination
  • Persuasion
  • Negotiation
  • Instructing
  • Service Orientation
  • Complex Problem Solving
  • Operations Analysis
  • Technology Design
  • Programming
  • Operation Monitoring
  • Judgment and Decision Making
  • Systems Analysis
  • Systems Evaluation
  • Time Management
  • Management of Financial Resources
  • Management of Material Resources
  • Management of Personnel Resources

  • Knowledge Used:

  • Administration and Management
  • Clerical
  • Economics and Accounting
  • Sales and Marketing
  • Customer and Personal Service
  • Personnel and Human Resources
  • Production and Processing
  • Computers and Electronics
  • Design
  • Mathematics
  • Psychology
  • Sociology and Anthropology
  • Geography
  • Education and Training
  • English Language
  • Public Safety and Security
  • Law and Government
  • Telecommunications
  • Communications and Media
  • Transportation


  • Tasks:

  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Direct the preparation of regular and special budget reports.
  • Consult with managers to ensure that budget adjustments are made in accordance with program changes.
  • Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.
  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
  • Seek new ways to improve efficiency and increase profits.
  • Review operating budgets to analyze trends affecting budget needs.
  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
  • 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.
  • Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
  • Testify before examining and fund-granting authorities, clarifying and promoting the proposed budgets.

  • Tools & Technology:

  • Desktop computers
  • Laser printers
  • Notebook computers
  • Personal computers
  • Accounting software
  • Adaptive Planning
  • Budget monitoring systems
  • Budgeting, forecasting, and planning software
  • Business Objects Data Integrator
  • Business performance management BPM software
  • Deltek Costpoint
  • Email software
  • Enterprise resource planning ERP software
  • Everest Software Advanced
  • Extensity MPC
  • Financial reporting software
  • FRx Software Microsoft Forecaster
  • Fund accounting software
  • Graphics software
  • Human resources management system software
  • Hyperion Enterprise
  • IBM Cognos Business Intelligence
  • IBM Cognos Planning
  • Lilly Software Associates VISUAL Enterprise
  • Microsoft Access
  • Microsoft Dynamics GP
  • Microsoft Excel
  • Microsoft FRx
  • Microsoft Office software
  • Microsoft PowerPoint
  • Microsoft Sharepoint
  • Microsoft Visual Basic
  • Microsoft Visual Basic.NET
  • Microsoft Word
  • NetSuite NetERP
  • On line analytical processing OLAP software
  • Open Systems TRAVERSE software
  • Oracle Corporate Performance Management CPM software
  • Oracle PeopleSoft Enterprise software
  • OutlookSoft
  • Payroll software
  • Presentation software
  • Relational database software
  • Revelwood Business Performance Management software
  • Sage Active Planner
  • Sage ERP Accpac
  • Sage MAS 200 ERP
  • Sage MAS 90 ERP
  • SAP Business One
  • SAP BusinessObjects Crystal Reports
  • SAP Crystal Xcelsius
  • Satori Group proCube software
  • Spreadsheet software
  • Statistical software
  • Structured query language SQL
  • Time and attendance software
  • Ultimate Software UltiPro Workplace
  • Valiant Vantage
  • Word processing software


  • business and financial operations


    industry stats

    SOC: 13-0000

    Total Employed: 7,032,560

    Average Annual Salary: $73,800