Budget Analyst is a person who helps in managing the financial statement of the company or an organization. They are the person of the company who is responsible to maintain the profit, loss and another long-term financial growth strategy.

Budget Analyst Job Description

The Job of a budget analyst is to help the company in developing its budget and planning the trick about getting profit from the decided budget. Their work also includes the reviewing of budget, making fund request from clients, analysis the cost-benefit and other financial investment-related works.

 Roles and responsibilities

• The very first responsibility of a budget analyst is to review the proposals of budget and funding requests.
• Analyze the cost-benefit and other profit-related investment.
• The candidate is responsible to submit the budget recommendation for funding.
• One should give the strategy planning of budget and finance with other members of the company.
• Analyze the market situation and alert the organization for the upcoming financial and budget situation.
• The planned budget reports should meet all legal regulations.
• Discuss with other finance personnel about increasing the profit for the company.
• Candidate should be active in keeping knowledge about the availability of the funds.
• Budget Analyst is responsible if any error or mistake is done while preparing the budget report. S/He should make the reported error-free.
• The candidate should have the ability to take responsibility to develop a budget by Collaborating with project managers.

Budget Analyst key skills required

• Candidate should have experience in managing the budget plans.
• Skill to solve any type of budget problem.
• Ability to work in a team and hold the leadership properly.
• Candidate should be proficient in statistical forecasting and data analysis.
• Good communication and interpersonal skills are needed.
• The mathematical aptitude should be accurate.
• Skill to analyze carefully to the budget item while making the budget.

 Education, training, and Certifications

• Bachelor’s Degree in Accounting, Finance or another related field with a recognized university is needed.
• Certificate of training in Computer software.