What Do Budget Analysts Do: Job Description, Responsibilities and Duties

Stanley TanLeave a Comment



daily life of a Budget Analyst
are Budget Analysts happy with their job

Budget Analysts

Other names for this job might include Accountant, Accounting Supervisor, Budget Analyst, Budget and Policy Analyst, Budget Coordinator, Budget Engineer, Budget Examiner, Budget Manager, Budget Officer, Chief Financial Officer (CFO)


  • $75150
    Salary
  • 68%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Low
    Job growth
OwlGuru Rank

B



Being A Budget Analyst: What You Really Do


In this job description guide, you will find out what do Budget Analysts do and what is their typical work day like.

After reading this, you will have a much better idea on whether you will like working as a Budget Analyst or not.



Job summary

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

We asked Budget Analysts how satisfied they are with their job. Here is what they said.

Job satisfaction

68%

How meaningful is this job

56%


68% of them said they were satisfied with their job and 56% said they find that their job makes the world a better place or helps to make someone else’s life better.



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Typical day

We asked some Budget Analysts a few questions to find out what else does their work day look like. Here is what we found.

Do you have telephone conversations everyday in this job?88% said yes
Do you have to use email everyday in this job?94% said yes
How important is it to work in a team in this job?39% said very important
Do you have group discussions everyday in this job?75% said yes
Do you have to meet strict deadlines everyday in this job?6% said yes
Do you talk or work with customers everyday in this job?20% said yes
Do you have to deal with angry customers everyday in this job?4% said yes
Do you have to make decisions everyday in this job?25% said yes



Other responsibilities

Besides the “typical day” things that Budget Analysts do, they Analyze monthly department budgeting and accounting reports to maintain expenditure controls. They might also Direct the preparation of regular and special budget reports.

On a weekly to monthly basis, Budget Analysts Consult with managers to ensure that budget adjustments are made in accordance with program changes. and Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.

In addition, they Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.

Although specific duties may vary, many of them Summarize budgets and submit recommendations for the approval or disapproval of funds requests.

To some Budget Analysts, it is also their responsibility to Seek new ways to improve efficiency and increase profits.

A typical week or month for them might include:

Analyze budgetary or accounting data.
Prepare financial documents, reports, or budgets.
Discuss business strategies, practices, or policies with managers.
Analyze business or financial data.
Advise others on financial matters.



Working life

Working hours

40 hours per week

Working schedule

Regular (Set schedule and routine)


In a typical work week as A Budget Analyst, you can expect to work 40 hours per week.

Do Budget Analysts work in an office-style work environment?

Everyday
92.72%

Once a week
0%

Once a month
2.9%

Once a year
0%

Never
4.38%

Do Budget Analysts work in a warehouse-style work environment?

Everyday
0%

Once a week
2.9%

Once a month
1%

Once a year
16.42%

Never
79.68%

Do Budget Analysts work outdoors?

Everyday
0%

Once a week
0%

Once a month
0.94%

Once a year
10.78%

Never
88.27%



Is this right for me

Best personality for this career

The Organizers and The Persuaders


You can read more about these career personality types here.

You will like this career if you are someone who likes following set procedures and routines. They like working with data and details more than with ideas.

You also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



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Career type

Business and Finance
Business Analysis, Business Financial Management and Accounting
Financial and Investment Planning

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Related to Budget Analysts Job Description

Budget Analysts job description, what do Budget Analysts do, typical day for Budget Analysts, what is it like to work as a Budget Analyst, how many hours do Budget Analysts work, day to day work of a Budget Analyst

Additional resources

http://www.bls.gov/OOH/business-and-financial/budget-analysts.htm
https://www.agacgfm.org/

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Budget Analysts
Written by: Stanley Tan
Budget Analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
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