Budget accountant vs budget analyst

The differences between budget accountants and budget analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a budget accountant and a budget analyst. Additionally, a budget accountant has an average salary of $59,192, which is higher than the $56,598 average annual salary of a budget analyst.

The top three skills for a budget accountant include financial data, fixed assets and journal entries. The most important skills for a budget analyst are financial management, budget analysis, and financial reports.

Budget accountant vs budget analyst overview

	Budget Accountant	Budget Analyst
Yearly salary	$59,192	$56,598
Hourly rate	$28.46	$27.21
Growth rate	6%	3%
Number of jobs	33,777	50,081
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 70%
Average age	44	47
Years of experience	4	4

Budget accountant vs budget analyst salary

Budget accountants and budget analysts have different pay scales, as shown below.

	Budget Accountant	Budget Analyst
Average salary	$59,192	$56,598
Salary range	Between $43,000 And $80,000	Between $42,000 And $76,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	Virginia
Best paying company	Genentech	Shenzhen Capital Group
Best paying industry	Finance	Government

Differences between budget accountant and budget analyst education

There are a few differences between a budget accountant and a budget analyst in terms of educational background:

	Budget Accountant	Budget Analyst
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 70%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Budget accountant vs budget analyst demographics

Here are the differences between budget accountants' and budget analysts' demographics:

	Budget Accountant	Budget Analyst
Average age	44	47
Gender ratio	Male, 49.6% Female, 50.4%	Male, 45.7% Female, 54.3%
Race ratio	Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.7% White, 62.7% American Indian and Alaska Native, 0.5%	Black or African American, 12.4% Unknown, 4.7% Hispanic or Latino, 15.3% Asian, 8.9% White, 57.7% American Indian and Alaska Native, 1.0%
LGBT Percentage	7%	13%

Differences between budget accountant and budget analyst duties and responsibilities

Budget accountant example responsibilities.

Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
Prepare budgets, reconciliations and outcome reports for grants.
Facilitate data transfer and reconciliation between systems (TSI/T-II and PeopleSoft).
Review staffing compensations, medical benefits, professional insurances, headcount, and FTE metrics.
Collaborate extensively with CPA's office during preliminary and year-end audit/review process to ensure completeness of financial statements and tax returns.
Develop ROI analysis model for propose capital investments and authore requirements policy and process flow, which streamline decision-making process.

Budget analyst example responsibilities.

Write and document SAS, SPSS and SQL programs to automate standard processes.
Manage accounting data of expenditures in ledgers; ensure all transactions are re-serve for obligation.
Manage virtual war room database and prepare advanced PowerPoint presentations for high-level briefings.
Manage credit card revenue reporting and reconciliations for multiple credit card merchant accounts which include recommending and implementing process improvements.
Provide corporate financial support services for multiple contracts and various contract types (FFP, CPFF, CPAF, etc . )
Prepare and present EAC projections, customer financial reports, and documents for program reviews.

Budget accountant vs budget analyst skills

Common budget accountant skills

Financial Data, 14%
Fixed Assets, 14%
Journal Entries, 14%
Reconciliations, 13%
Budget Preparation, 6%
Balance Sheet, 6%

Common budget analyst skills

Financial Management, 8%
Budget Analysis, 6%
Financial Reports, 5%
Financial Data, 4%
PowerPoint, 4%
Budget Estimates, 3%