Profession budget analyst
Budget analysts monitor the spending activities of public and private institutions and companies. They prepare budget reports, review the budget model used in the company and ensure compliance with the budgeting policies and other legal regulations.
Budget analyst Jobs: Open positions
Find the job of your dreams on Talent.com, one of the largest job sites worldwide.Job postings: talent.com
- Financial department processes
The different processes, duties, jargon, role in an organisation, and other specificities of the financial department within an organisation. Understanding of financial statements, investments, disclosing policies, etc.
- Company policies
The set of rules that govern the activity of a company.
- Budgetary principles
Principles of estimating and planning of forecasts for business activity, compile regular budget and reports.
- Exert expenditure control
Analyse expenditure accounts against the income and usages of different company units, companies, or organisms at large. Recommend usage of financial resources in efficient manners.
- Analyse financial performance of a company
Based on accounts, records, financial statements and external information of the market, analyse the performance of the company in financial matters in order to identify improvement actions that could increase profit.
- Use office systems
Make appropriate and timely use of office systems used in business facilities depending on the aim, whether for the collection of messages, client information storage, or agenda scheduling. It includes administration of systems such as customer relationship management, vendor management, storage, and voicemail systems.
- Assess financial viability
Revise and analyse financial information and requirements of projects such as their budget appraisal, expected turnover, and risk assessment for determining the benefits and costs of the project. Assess if the agreement or project will redeem its investment, and whether the potential profit is worth the financial risk.
- Evaluate budgets
Read budget plans, analyse the expenditures and incomes planned during certain period, and provide judgement on their abidance to the general plans of the company or organism.
- Support development of annual budget
Support the development of the annual budget by producing base data as defined by the operations budget process.
- Develop financial statistics reports
Create financial and statistical reports based on collected data which are to be presented to managing bodies of an organisation.
Optional knowledge and skillsreview investment portfolios manage budgets consider economic criteria in decision making advise on public finance create annual marketing budget funding methods inspect government expenditures revise drafts made by managers synthesise financial information explain accounting records public finance budget for financial needs
Source: Sisyphus ODB