What does a Budget Analyst do?

Budget Analysts work across a wide range of employers. They can be found advising for educational institutions, government entities, and the private sector. Their primary role is to collect and interpret data to gain a broader insight into a client's current financial situation. With this information, a client can then plan a course of action to correct down-trends or sustain growth in their company

Budget Analysts typically are required to possess a bachelor's degree in Accounting, Finance or related field. Senior and high-profile positions will require an advanced degree such as a Masters or Doctorate. For some Federal and State jobs a simple four-year degree from an accredited college is sufficient to be employed in a low-level position. This particular field requires intense computations and analytics. Possessing a degree centered around Math and or Statistics is a significant advantage in the industry.

  • Collaborate with senior staff and department heads to develop an analysis strategy
  • Look over pre existing and past budgets to identify weaknesses
  • Request financial analysis reports from the head of every department
  • Collate, analyse and interpret data to develop a snapshot of existing financial operations
  • Identify inefficiencies or problem areas to be improved
  • Present findings to COO or board of directors
  • Advise senior staff as to what improvements can be made
  • Oversee the role out of strategic financial changes
  • bachelor's in Accounting, Statistics or Finance (preferred)
  • Certified Personal Accountant (preferred)
  • Advanced Degree (preferred)
  • Certified Government Financial Manager (preferred)
  • A background in a budgetary roll
  • Strong computational and mathematical abilities
  • Robust interpersonal skills - Must be a people person
  • A good eye for detail
  • Ability to pass a background check
Education--
Work/Life Balance
3.6 ★
Salary Range--
Career Opportunity
3.5 ★
Avg. Experience2-4 years

Budget Analyst Salaries

Average Base Pay

$98,000 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
$98K
Median: $98K
$98K
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Glassdoor Estimated Salary

Budget Analyst Career Path

Learn how to become a Budget Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Budget Analyst Insights

Read what Budget Analyst professionals have to say about their job experiences and view top companies for this career.
Fresno StateFresno State
Budget Analyst
2 Sep 2021

“Job Security is good and consistent.”

State of LouisianaState of Louisiana
Budget Director
30 Jun 2021

“I love what I do and the benefits are great”

Government of AlbertaGovernment of Alberta
Budget Officer
28 Aug 2019

“Good work and life balance”

City of New YorkCity of New York
Budget Analyst
14 Jan 2021

“Starting pay isnt great but you have good benefits”

Center for Court InnovationCenter for Court Innovation
Budget Analyst
9 Aug 2021

“Good work / life balance”

BNSF RailwayBNSF Railway
Budget Analyst
18 Aug 2021

“Work life balance ok but not great”

Centegra Health SystemCentegra Health System
Budget Manager
10 Nov 2020

“Great people to work with”

City of Port Saint Lucie (Florida)City of Port Saint Lucie (Florida)
Budget Manager
21 May 2021

“Nice team to work with”

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Budget Analyst Interviews

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