Budget Analyst job description

This job description template of Budget Analyst is optimized for use in attracting experienced candidates capable of leading your business and promote its growth.

Budget Analyst Responsibilities

Conduct cost/benefit analyses.
Review budget proposals and funding requests.
Submit budget proposals for approval or rejection of funding requests.

Job brief of a Budget Analyst

We are looking for a dedicated Budget Analyst who can help us with budget planning and spending with considerable experience. You will be responsible to conduct reviews of budget proposals and analyses of data to determine the correct allocation of funding.
A budget analyst must have a sharp mathematical and analytical mind and can think critically. You should also be knowledgeable about all legal regulations pertaining to budgeting. She/he will work on various data tools to conduct a research hypothesis and develop actionable insights.

Key responsibilities

Conducting cost/benefit analyses
Explaining and defend recommendations to management and stakeholders
Submit budget proposals for approval or rejection of funding requests
Supervising expenditure
Suggesting improvements to increase profits
identifying trends in spending
Conducting forecasts for future budget needs
Reviewing budget proposals and funding requests
Ensuring that the organization’s budget adheres to legal regulations
Collaborating with managers to develop a final consolidated budget
Preparing periodical and special reports

Requirements Qualification:

Candidate must be a Graduate/Postgraduate in accounting, finance, business or relevant area from a premier institute
Knowledge of data analysis and forecasting methods
Proficient in databases
Knowledge of graphic software is a plus
Strong Microsoft Office Skills

Experience:

Proven practical experience as a budget/financial analyst
Understanding of budgeting and regulatory requirements
Excellent mathematical ability
An analytical mind
Good communication and possessing excellent interpersonal and communication skills in verbal and written English is a must
Strong attention to detail