Budgeting Analyst

Budget Analyst

Job Summary:

We are seeking a highly analytical and detail-oriented Budget Analyst to join our finance team. The ideal candidate will be responsible for developing, analyzing, and managing budgets, providing insights to support strategic decision-making, and ensuring financial accountability across the organization.

Responsibilities:

• Budget Development:

  • Collaborate with department heads to develop annual operating budgets and long-term financial plans.

  • Ensure alignment of budget proposals with organizational goals and objectives.

• Financial Analysis:

  • Conduct in-depth analysis of financial data to identify trends, variances, and areas for improvement.

  • Provide insights and recommendations to management based on financial analysis.

• Budget Monitoring:

  • Monitor budget performance against financial goals and objectives.

  • Analyze and report on budget variances, identifying key drivers and proposing corrective actions.

• Forecasting:

  • Prepare accurate and timely financial forecasts based on historical data and current trends.

  • Assist in developing scenarios for strategic planning and risk management.

• Budget Communication:

  • Communicate budget guidelines, policies, and procedures to department managers.

  • Provide training and support to ensure adherence to budgetary guidelines.

• Reporting:

  • Generate and present comprehensive budget reports to senior management.

  • Prepare reports for external stakeholders, as required.

• Cost-Benefit Analysis:

  • Evaluate the financial impact of proposed initiatives and projects.

  • Conduct cost-benefit analyses to support decision-making processes.

• Financial Modeling:

  • Develop and maintain financial models to support budgeting and forecasting activities.

  • Analyze various scenarios and assess potential financial outcomes.

• Audit Support:

  • Collaborate with internal and external auditors during the audit process.

  • Provide necessary documentation and explanations related to budgetary matters.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.

• Proven experience as a Budget Analyst or in a similar financial role.

• Strong analytical and quantitative skills.

• Proficiency in financial modeling and budgeting software.

• Excellent communication and presentation skills.

• Detail-oriented with a focus on accuracy and precision.

• Ability to work collaboratively in a team environment.

Certifications:

• Professional certifications such as Certified Government Financial Manager (CGFM) or Certified Budget Analyst (CBA) are a plus.