Budget Analyst

About This Role

The Budget Analyst contributes to the assigned unit's financial success by examining budget estimates for completeness, accuracy, and conformance with procedures and regulations. This role involves analyzing budgeting and account reports and reporting to management on the finances of the unit.

Responsibilities

• Prepare, examine, or analyze accounting records or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
• Report to management regarding the finances of assigned unit(s)
• Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers
• Prepare purchase orders, check requests, expense reports, journal entries, and budget transfers
• Compile budget data and documents, based on estimated revenues and expenses and previous budgets
• Review operating budgets to analyze trends affecting budget needs, and take corrective action when needed
• Analyze monthly department budgeting and accounting reports to maintain expenditure controls
• Provide advice and/or technical assistance with cost analysis, fiscal allocation, and budget preparation
• Summarize budgets and submit recommendations for the approval or disapproval of funds requests
• Perform accounting functions related to grants and contracts, including assisting in the development of budgets, approving expenditures, preparing invoices, and ensuring all accounting activity complies with the sponsor's policies and procedures
• Complete special projects as assigned
• Perform other duties as assigned or required

Requirements

• Working knowledge of accounting principles and practices, banking, and the analysis and reporting of financial data
• General knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar
• Working knowledge of business and management principles involved in strategic planning, resource allocation, budgeting, human resources modeling, leadership technique, production methods, and coordination of people and resources
• Working knowledge of principles and processes for providing customer and personal services, including needs assessment, meeting quality standards for services, and evaluation of user satisfaction
• Basic skills in active listening, taking time to understand points, asking questions, and not interrupting
• Proficient skills in critical thinking, using logic and reasoning to identify strengths and weaknesses of solutions
• Basic skills in using mathematics to solve problems
• Basic skills in talking to others to convey information effectively