Budget Analysts can work in a variety of environments, including government organizations, academic institutions and traditional companies. Some Budget Analysts work in-house for an organization, regularly analyzing the company’s budget for effective spending while others work for financial firms that companies can hire for one review or recurring reviews. For those that work in-house, additional job responsibilities might include evaluating proposals and funding requests to determine the best allocation of funds for the organization. Day-to-day responsibilities for Budget Analysts can vary depending on where the company is in its budget cycle and the specific needs and goals of the organization.
Que fait un Budget Analyst ?
A Budget Analyst, or Cost Analyst, analyzes a company’s budget and looks for ways to allocate resources more efficiently to maximize profits. Their duties include organizing finances, preparing budget reports, monitoring institutional spending and creating cost-benefit analyses for businesses with the goal of finding ways to run the company efficiently and effectively.
Responsabilités
Un Budget Analyst doit être capable de remplir diverses fonctions et responsabilités. Voici quelques fonctions et responsabilités qu'un Budget Analyst doit être capable d'exécuter :
Developing organizational budget with managers
Reviewing proposals for completeness, accuracy and compliance with company standards
Consolidating the organizational budget for review
Vetting funding requests for merit and authenticity
Monitoring spending and keeping the organization within its set budget
Defending budget recommendations with data and evidence-based analyses
Compétences requises
Un Budget Analyst compétitif aura certaines compétences et qualifications, notamment :
Highly developed analytical skills
The ability to analyze and solve problems while being able to clearly articulate complex ideas
Work with and understand spreadsheets, financial analysis programs and database functions
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