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Career Details : Budget Analysts

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Description

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.

Experience

A minimum of two to four years of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Education

Most of these occupations require a four-year bachelor's degree, but some do not.

Training

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Tasks

  • Analyzes accounting records to determine financial resources required to implement program and submits recommendations for budget allocations.
  • Recommends approval or disapproval of requests for funds.
  • Correlates appropriations for specific programs with appropriations for divisional programs and includes items for emergency funds.
  • Consults with unit heads to ensure adjustments are made in accordance with program changes to facilitate long-term planning.
  • Testifies regarding proposed budgets before examining and fund-granting authorities to clarify reports and gain support for estimated budget needs.
  • Directs compilation of data based on statistical studies and analyses of past and current years to prepare budgets.
  • Directs preparation of regular and special budget reports to interpret budget directives and to establish policies for carrying out directives.
  • Advises staff on cost analysis and fiscal allocations.
  • Analyzes costs in relation to services performed during previous fiscal years to prepare comparative analyses of operating programs.
  • Reviews operating budgets periodically to analyze trends affecting budget needs.

    Related Careers

    Important Abilities

    General Work Activities

    Important Skills

    Frequent Work Context

    • Consequence of Error
    • Importance of Being Exact or Accurate
    • Importance of Being Sure All Is Done
    • Indoors
    • Job-Required Social Interaction

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