- Featured in:
-
More Senior Budget Analyst Resumes
Use these Senior Budget Analyst samples as a guideline or visit our extensive library of customizable resume templates.
Select
Customize
Download
Find out what is the best resume for you in our Ultimate Resume Format Guide.
Additional Finance Resume Samples
Senior Budget Analyst Resume Samples
No results found
0-5 years of experience
Served as the Senior Budget Analyst for the 3d Cavalry Regiment, an organization of over 4,200 individuals with an average budget of ~$30.25 million dollars.
- Efficiently managed ~$75 million during tenure; achieved a 98-100% obligation rate each fiscal year
- Created a budgetary standard operating procedure for the seven separate entities of the Regiment; improving efficiency by 19% upon implementation
- Met all mission requirements in fiscal year ’15 despite a 19% reduction in budget
- Generated a quarterly/annual spend plan, securing $30.5 million in additional funding for FY ‘16
- Identified millions of dollars in budget shortfalls in advance; worked diligently to acquire additional funding to cover shortfall
- Performed spending analysis, advised leadership in curbing unit spending, prevented the exhaustion of $3.5 million in funding allotment within 120 days of FY14 onset
0-5 years of experience
- Supported the annual budget development and quarterly forecasting processes for the Medical School. Analyzed and investigated significant variances from quarterly forecasts and resolved discrepancies.
- Maintained a key oversight role in the billing and collection of $10 million in gross tuition revenue for the Office of International Affairs.
- Involved in the initial planning, testing and launching of the Axiom Budget Software. Performed data entry and reconciled the operating budget to the new Axiom Budget Software.
- Managed the year end closing process by collaborating with the Program Managers to ensure all expenditures and accruals are included in the year end reporting.
0-5 years of experience
- Recommended FY 2018 tuition rates by fee category supported by market analysis and historical price elasticities
- Presented an enhanced budget pro-forma, modeling enrollment growth by student type, to the Board of Trustees and Finance Committee
- Co-developed further enhancements to project optimal teaching and administrative costs for enrollment forecasts
- Recommended an E&G reserve target, with a framework co-developed with the AVP of Budget
- Designed a tuition remission projection model that helped the financial aid office track offers vs. budget
- Assisted in the budget development for FY 2017 and FY 2018
0-5 years of experience
- Provided leadership and direction in all phases of the program’s $2.3B budget; also managed the program’s President’s Emergency Plan for AIDS Relief (PEPFAR) funding ($50M to $100M in over 20 countries).
- Prepared and executed project plans to develop the program’s budget justifications (narratives/budget tables/etc.).
- Provided oversight of the program’s budget, all matters from apportionment to fiscal year-end close outs. This involved annual, multi-year and gift fund appropriations.
- Provided and presented complex analyses and reports for problem resolution, spending trends, projections, status communication, ensuring leadership was prepared and well informed.
- Prepared efficient and accurate projections, including FTE and payroll projections, contract and procurement plans, grant and cooperative agreement estimates, travel and supply projections. Monitored/adjusted estimates during the year of budget execution.
- Collaborated across the program to develop the annual operating plan, ensuring proper linkages to the Strategic
- Developed and communicated policy statements, standard operating procedures and training materials relative to HAB’s budget processes.
- Served as the primary resource for the program’s budget matters, Federal budget policy, Department regulations, OMB, GAO and other relevant policy directives.
- Provided leadership and direction to a team of budget analysts; served as a resource in managing workloads, meeting priorities, planning for large tasks and for quarterly initiatives. Performed full range of performance management duties, including very complex staffing challenges
0-5 years of experience
- Create and maintain databases related to a variety of functions including finance, accounting, human resources, and information technology.
- Prepare fee calculations for general and administrative services as well as internal service funds.
- Assist finance staff members in design and preparation of informational reports for internal and external use
- Continue all duties previously performed as budget analyst, as presented below
0-5 years of experience
- Providing leadership with all budget services, including budget preparation, formulation, presentation, execution, and financial management policy
- Maintain accounting records and analyzes financial statements to identify possible trends which may result in surplus or shortage of funds
- Ensure adequate funds for programs changes and preparing reports, forms, and schedules, prepares responses to requests for information from legislative analyst, state agencies, and higher education institutions
- Performing technical calculations and analysis to prepare all parts of the annual budget submission, including developing revenue and expenditure assumptions, cash-flow projections for all campus activities, and self-supporting and/or fee funded activities
- Complete budget transfers and budget reconciliations in FMIS, EXCEL, and PEACE
- Consult and counsel with various departments on budget related matters
- Provide extensive research and analysis for projects, implementation of policies, and internal review.
- Ensure charges and funds are assigned to the correct Program Cost Accounts (PCAs) and perform routine transfers to maintain a balanced and functional budget.
- Responsible for over $96 million in state funds
0-5 years of experience
- Maintain and customize the strategic planning model for the university
- Collaborate with team on strategic budget maintenance and enhancement
- Revenue/expenses reconciliation and budget reporting
- Test application upgrades and new processes in database
- Participate in special projects and analysis of business process
- Troubleshoot and resolve complex system errors for department
- Create documentation for system changes and new processes
Senior Budget Analyst Duties and Responsibilities
The responsibilities of senior budget analysts vary based on the facility at which they work. However, our examination of job postings reveals these tasks as common to most positions:
Develop Budgets At the heart of the position is coming up with an annual budget for the organization. Senior budget analysts figure out the best ways to distribute funds among the various sectors requiring money, such as the departments of a company or programs being funded by the government.
Work with Others Senior budget analysts do not operate in a vacuum. A variety of people have vested interest in where money is allocated. Talking with managers and other interested parties helps the senior budget analyst make decisions while keeping the overall financial health of the operation in mind. Senior analysts also oversee and depend on the efforts of junior budget analysts.
Monitor Activity Senior budget analysts keep an eye on activities that affect the budget. They see what departments are spending and read their requests for additional funds. They ensure procedures are followed and that money is handled in the proper intended manner.
Examine Past Budgets To help create future budgets, senior budget analysts look at past ones. Comparing actual data concerning performance and expenditures to the projections made by the financial team ensures better decisions get made and that errors are corrected. A sounder idea of factors such as daily finances, organizational costs, and areas of overspending leads to greater accuracy. Thorough examination also enables senior budget analysts to notice things that might save the company money or identify underperforming departments. They may also conduct cost-benefit analyses to weigh whether money is being spent efficiently.
Offer Financial Advice Anytime someone needs to make a financial decision, they may seek guidance from the senior budget analyst. Managers may wonder how certain actions are likely to impact their department or the company as a whole. Execs may want to know about the potential risks of taking on additional debt. Senior budget analysts are regarded as experts who are able to judge how individual actions contribute to or harm overall objectives.
Compile and Present Reports Senior budget analysts compile a variety of written and oral reports and deliver them to organizational leaders, shareholders, and other interested parties. In these reports, analysts justify decisions, provide explanations, summarize activity, and predict future outcomes as they relate to the budget. Analysts in government positions are sometimes called upon to present to legislators and other officials concerned with the spending of public money.
Senior Budget Analyst Skills and Qualifications
People who love numbers and handle them with ease make good budget analysts, but this senior position demands more than a math whiz. Other elements critical to performance include:
- Communication skills – presenting ideas and explaining choices in both verbal and written forms is necessary for others to clearly understand complex financial data
- Attention to detail – miscalculations and other errors can cause serious problems for the employer, so analysts must double-check their work and watch out for inaccuracies
- Problem-solving skills – senior budget analysts must evaluate information and arrive at solutions to situations involving multiple possibilities and no easy answers
- Computer competency – databases, financial analysis software, and spreadsheets are commonly used tools
Senior Budget Analyst Education and Training
In general, budget analysts minimally possess a bachelor’s degree in business, accounting, economics, public administration, or a related field. Moving up to a senior position generally requires a master’s degree as well as several years of experience. Fulfilling requirements to become a Certified Government Financial Manager can attract the attention of hiring managers looking to fill government positions. Such distinction requires a mixture of education, practical experience, and passing exams. To keep skills sharp and learn new things, senior budget analysts should commit to continuing education.
Senior Budget Analyst Salary and Outlook
The median annual salary for a budget analyst, according to the Bureau of Labor Statistics (BLS), is about $75,000. Workers on the low end of the pay scale earn about $49,000, while the highest paid make more than $113,000. These figures are for all budget analysts. Senior ones, by basis of their background and responsibilities, fall in the upper range of their company’s salary distribution. The BLS projects employment of budget analysts to grow 7 percent by 2026 because companies continue to need people who can make the best use of resources. As senior positions pay well and hold prestige, competition for these roles will likely stay high.
Helpful Resources
As you contemplate a career as a senior budget analyst, these sources may be of interest:
Association of Government Accountants – this group helps aspiring senior budget analysts and similar professionals reach their goals by covering topics such as career advancement, certification, and networking
Knowing the Numbers: A Guide to Budget Analysis – the American Federation of State, County, and Municipal Employees offers this comprehensive look at budget analysis
The Essentials of Financial Analysis – written by a finance professor at Lehigh University who has more than 20 years of hands-on experience, this book receives kudos for making difficult information interesting and understandable
Rate This Article
Senior Budget Analyst
Last edited by: Gabriela Barcenas, CPRW, Content Writer II -
Gabriela Barcenas
CPRW, Content Writer IIGabriela is a Certified Professional Resume Writer (CPRW) and career adviser. With 10 years of digital media experience and five years of resume writing expertise, her publication history includes fashion, education, travel, social justice, equitable design and career advice.
