2017 Budget Analysts
Median Pay: US$71,590
Entry Level: Bachelor's degree
Summary
Budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending.
Duties

Budget analysts typically do the following:

  • Work with program and project managers to develop the organization's budget
  • Review managers' budget proposals for completeness, accuracy, and compliance with laws and other regulations
  • Combine all the program and department budgets together into a consolidated organizational budget and review all funding requests for merit
  • Explain their recommendations for funding requests to others in the organization, legislators, and the public
  • Help the chief operations officer, agency head, or other top managers analyze proposed plans and find alternatives if the projected results are unsatisfactory
  • Monitor organizational spending to ensure that it is within budget
  • Inform program managers of the status and availability of funds
  • Estimate future financial needs

Budget analysts advise various institutions - including governments, universities, and businesses - on how to organize their finances. They prepare annual and special reports and evaluate budget proposals. They analyze data to determine the costs and benefits of various programs and recommend funding levels based on their findings. Although elected officials (in government) or top executives (in a private company) usually make the final decision on an organization's budget, they rely on the work of budget analysts to prepare the information for that decision.

Sometimes, budget analysts use cost-benefit analyses to review financial requests, assess program tradeoffs, and explore alternative funding methods. Budget analysts also may examine past budgets and research economic and financial developments that affect the organization's income and expenditures. Budget analysts may recommend program spending cuts or redistributing extra funds.

Throughout the year, budget analysts oversee spending to ensure compliance with the budget and determine whether changes to funding levels are needed for certain programs. Analysts also evaluate programs to determine whether they are producing the desired results.

In addition to providing technical analysis, budget analysts must effectively communicate their recommendations to officials within the organization. For example, if there is a difference between the approved budget and actual spending, budget analysts may write a report explaining the variations and recommend changes to reconcile the differences.

Budget analysts working in government attend committee hearings to explain their recommendations to legislators. Occasionally, budget analysts may evaluate how well a program is doing, provide policy analysis, and draft budget-related legislation.

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Financial Analyst New College Grad!

Type: Full Time, Full Time Alumnus
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Andover, MA

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Type: Full Time, Full Time Alumnus
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El Segundo, CA

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Type: Full Time, Full Time Alumnus
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Financial Analyst/Sr. Analyst-Forecasting and Modeling

Type: Full Time, Full Time Alumnus
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2U
Lanham, MD

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Type: Full Time, Full Time Alumnus
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New York, NY

Merchandising Intern

Type: Internship
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Financial Planning & Analysis Intern

Type: Internship
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Junior Business Systems Analyst - Summer Intern

Type: Internship
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Chantilly, VA

Business Analyst Intern

Type: Internship
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FIS
Milwaukee, WI

Business Analyst Intern

Type: Internship
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Type: Full Time, Full Time Alumnus
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Type: Full Time, Full Time Alumnus
Performs complex budget analysis, fiscal research and related budgeting tasks for academic, administrative, and/or enterprise functional areas. Functions as a team lead on major budget projects and provides guidance and instruction to other Budget Analysts. Reviews and monitors complex budgets for...
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Graduate: Analyst for Local Account Management (Client oriented analytical and business consulting)

Type: Full Time, Full Time Alumnus
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Java Developer Intern- Summer 2019

Type: Internship
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FIS
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Undergraduate Internship Program - Resource Analyst

Type: Internship
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Student Trainee (Budget): Pathways Internship Experience Program (IEP) GS-07

Type: Internship
DutiesSummaryThis vacancy announcement will be open from October 25, 2018 to October 31, 2018 or when 100 applications have been received. The vacancy will close on whichever day the first of these conditions are met. If the application limit is reached on the same day the announcement opened, the...
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Business Analyst Intern

Type: Internship
Position Responsibilities/RequirementsSummer Intern Program - June 3 through August 9What is the position?FIS is looking for a Business Analyst to join our community core Professional Services team. This is an exciting opportunity for someone who likes to contribute new ideas and is willing to put...
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FIS
Milwaukee, WI

Graduate: Analyst for Local Account Management (Client oriented analytical and business consulting)

Type: Full Time, Full Time Alumnus
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Analyst, Supply Chain 2019

Type: Full Time, Full Time Alumnus
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