If you are in high school and … Education for Budget Analysts. The minimum education for a budget analyst is a bachelor’s degree in accounting, finance, or a related area. In addition to providing technical analysis, budget analysts must communicate their recommendations effectively to officials within the organization. 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. Related Information Associated Group Standard. The budget analyst resume sample covers about 15 years of career experience and includes the company name, official job title, dates of employment, and location of each job. Median annual wages of budget analysts in May 2008 were $65,320. On this site, you can take the Career Personality Profiler assessment, the Holland Code assessment, or the Photo Career Quiz. Math skills. Employers generally require budget analysts to have at least a bachelor's degree. Policy, Data, Oversight Classification & Qualifications. 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 … Writing skills. Find out what it takes to succeed as a budget analyst or budget … Federal, state, and local governments have varying requirements, but usually require a bachelor's degree in one of many areas, such as accounting, finance, business, public administration, economics, statistics, political science, or sociology. I am not sure if this career is right for me. U.S. Office of Personnel Management… Some senior analyst jobs require an MBA or a master’s degree in accounting, finance, or a related field. Budget analysts typically do the following: Budget analysts advise various institutions—including governments, universities, and businesses—on how to organize their finances. The Persuading interest area indicates a focus on influencing, motivating, and selling to other people. 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 … 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. Sometimes, budget-related or finance-related work experience can be substituted for formal education. Must have excellent communication and writing skills. Most earn a degree in business, accounting, public administration, finance, statistics, political science, sociology, or economics. This is because the job involves preparing, presenting, and often defending budget proposals when presenting them to decision makers. Budget analysts must be able to process a variety of information, evaluate costs and benefits, and solve complex problems. They identify budget issues that need to be addressed, notify management, and then make recommendations for new budgeting strategies. The median annual wage for budget analysts was $76,540 in May 2019. You should also be knowledgeable about all legal regulations pertaining to budgeting. 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. ... 0599 Accounting and Budget Intern 0699 Medical, Hospital, Dental and Public Health Intern Instead, most entry-level positions simply require a bachelor's degree, though some companies prefer candidates who have studied a related field, such as business, … Most budget analysts work full time, and overtime is sometimes required during final reviews of budgets. Analysts then help the managers or officials analyze the proposed budget to come up with alternative options if the budget doesn’t meet current needs and restrictions. Analysts examine these proposals to make sure they are complete, accurate, and follow the organization’s procedures, regulations, and objectives. … To accomplish this, the Budget Analyst will gather data from financial and contract systems as well as consolidating invoice data. The last published figures by the Bureau of Labor and Statistics, for budget analysts in 2012, the median annual salary was $68,200. This credential … Budget Analysis Series, 0560 Individual Occupational Requirements. To earn this certification, candidates must have a minimum of a bachelor’s degree, 24 credit hours of study in financial management, 2 years of professional-level experience in governmental financial management, and they must … Because developing a … For many jobs, the CPA credential is a definite advantage, and sometimes is required. ... Desired Qualifications. 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 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. Truity does not editorialize the information, including changing information that our readers believe is inaccurate, because we consider the BLS to be the authority on occupational information. They can be found advising for educational institutions, government entities, and the private sector. Employers generally require budget analysts to have at least a bachelor's degree. ... Resume should clearly illustrate how prior knowledge and experience meets the Minimum and Desired qualifications of this position. Senior Budget Analyst Job Description. The career information above is taken from the Bureau of Labor Statistics Occupational Outlook Handbook. Use our Career Test Report to get your career on track and keep it there. Budget Analyst Salary Estimates and Job Outlook. Holland Code: C-E-R A budget analyst must have a strong mathematical mind and an ability to think critically. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. The median annual salary for a budget analyst in 2016 was $73,840, according to the BLS. The top ten percent of earners with this … Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. The position to be filled is a Management Analyst, GS-343-9. Insurance underwriting analyst: analyzes individual, company, and industry data for decisions on insurance plans. Many organizations now use Enterprise Resource Planning (ERP) programs as part of the budgeting process. They must also pass a series of exams. Lead Budget Analyst Job ID HHS-CDC-M1-21-11001630 Date posted 01/20/2021 Location Atlanta, Georgia. It contains common patterns of creditable experience and education to be used in making qualifications determinations. Take a look at this list of soft skills from U.S. Department of Labor to see if you might already have qualities that fit the bill of a successful budget analyst 3: Active listening Reading comprehension … Copyright © 2020, Truity. Cover letter is required. The document uses the job title of Budget Analyst as the headline with a sub heading that emphasizes their key qualifications which includes budget management, program performance evaluation, policy … We want to see candidates with strong attention to detail, writing skills and excellent communication ability. Search and apply for the latest Budget analyst jobs in Minnesota. However, some employers may require candidates to have a master’s degree. High School Requirements. … There are many excellent tools available that will allow you to measure your interests, profile your personality, and match these traits with appropriate careers. Occasionally, budget analysts may evaluate how well a program is doing, provide policy analysis, and draft budget-related legislation. Full-time, temporary, and part-time jobs. For information about the Government Financial Manager certification, visit. I would like to cite this page for a report. Budget analysts typically must have a bachelor’s degree, although some employers prefer candidates with a master’s degree. All rights reserved. Use our Job Description Tool to sort through over 13,000 other Job Titles and Careers. The median annual wage for budget analysts was $71,590 in May 2015. Demand for efficient use of public funds at the federal, state, and local levels will lead to continued demand for budget analysts. They prepare budget reports and monitor institutional spending. Budget Analysts typically are required to possess a bachelor's degree in Accounting, Finance or related field. Budget analysts must present technical information in writing that is understandable for the intended audience. If you are not sure whether you have a Thinking or Persuading or Organizing interest which might fit with a career as a budget analyst, you can take a career test to measure your interests. Communication skills. 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. 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. Budget analysts should also possess the following specific qualities: Analytical skills. 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