Also known as Budget Analyst, Budget Coordinator, Budget Officer, Financial Services Officer, Management and Budget Analyst, Policy Analyst
Also known as Budget Analyst, Budget Coordinator, Budget Officer
Budget Analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
In addition, Budget Analysts analyze budgeting and accounting reports.
Budget Analysts are often responsible for overseeing or executing some or all of the following tasks:
The above responsibilities are specific to Budget Analysts. More generally, Budget Analysts are involved in several broader types of activities:
The median salary for a Budget Analyst is $78,970, and the average salary is $82,690. Both the median and average roughly describe the middle of the Budget Analyst salary range, but the average is more easily affected by extremely high or low salaries.
Many Budget Analysts earn significantly more or less than the average, due to several factors. About 10% of Budget Analysts earn less than $51,220 per year, 25% earn less than $62,540, 75% earn less than $100,060, and 90% earn less than $121,360.
Between the years of 2020 and 2030, the number of Budget Analysts is expected to change by 4.8%, and there should be roughly 4,300 open positions for Budget Analysts every year.
Career interests describe a person's preferences for different types of working environments and activities. When a person's interest match the demands of an occupation, people are usually more engaged and satisfied in that role.
Compared to most occupations, those who work as a Budget Analyst are usually higher in their Conventional, Enterprising, and Investigative interests.
Budget Analysts typically have very strong Conventional interests. Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Also, Budget Analysts typically have strong Enterprising interests. Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
Lastly, Budget Analysts typically have moderate Investigative interests. Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.
People differ in their values, or what is most important to them for building job satisfaction and fulfillment.
Compared to most people, those working as a Budget Analyst tend to value Working Conditions, Support, and Independence.
Most importantly, Budget Analysts strongly value Working Conditions. Occupations that satisfy this work value offer job security and good working conditions.
Second, Budget Analysts moderately value Support. Occupations that satisfy this work value offer supportive management that stands behind employees.
Lastly, Budget Analysts moderately value Independence. Occupations that satisfy this work value allow employees to work on their own and make decisions.
Each occupation brings its own set of psychological demands, which describe the characteristics necessary to perform the job well.
In order to perform their job successfully, people who work as Budget Analysts must consistently demonstrate qualities such as integrity, attention to detail, and dependability.
Below, you'll find a list of qualities typically required of Budget Analysts, ranked by importance:
Many Budget Analysts will have a four-year bachelor's degree, but some do not.
Budget Analysts usually need several years of work-related experience, on-the-job training, and/or vocational training.
Budget Analysts may benefit from understanding of specialized subject areas, such as economics and accounting, mathematics, or administration and management knowledge.
The list below shows several areas in which most Budget Analysts might want to build proficiency, ranked by importance.
Budget Analysts must develop a particular set of abilities to perform their job well. Abilities are individual capacities that influence a person's information processing, sensory perception, motor coordination, and physical strength or endurance. Individuals may naturally have certain abilities without explicit training, but most abilities can be sharpened somewhat through practice.
For example, Budget Analysts need abilities such as oral comprehension, written comprehension, and mathematical reasoning in order to perform their job at a high level. The list below shows several important abilities for Budget Analysts, ranked by their relative importance.
Skills are developed capacities that enable people to function effectively in real-world settings. Unlike abilities, skills are typically easier to build through practice and experience. Skills influence effectiveness in areas such as learning, working with others, design, troubleshooting, and more.
Budget Analysts frequently use skills like active listening, reading comprehension, and speaking to perform their job effectively. The list below shows several critical skills for Budget Analysts, ranked by their relative importance.
The information provided on this page is adapted from data and descriptions published by the U.S. Department of Labor, Employment and Training Administration under the CC BY 4.0 license. TraitLab has modified some information for ease of use and reading, and the U.S. Department of Labor, Employment, and Training Administration has not approved, endorsed, or tested these modifications.
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