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Budget analyst skills for your resume and career

Updated January 8, 2025
6 min read
Quoted experts
Stefano Colafranceschi Ph.D.,
Stefano Colafranceschi Ph.D.
Budget analyst example skills
Below we've compiled a list of the most critical budget analyst skills. We ranked the top skills for budget analysts based on the percentage of resumes they appeared on. For example, 8.5% of budget analyst resumes contained financial management as a skill. Continue reading to find out what skills a budget analyst needs to be successful in the workplace.

15 budget analyst skills for your resume and career

1. Financial Management

Here's how budget analysts use financial management:
  • Promoted through progressive budget analyst positions involving increasing levels of authority and responsibility in the Comptroller Department, Financial Management Division.
  • Provided financial management expertise in analyzing budget reconciliation spreadsheets and financial reporting, using current IC financial and support systems.

2. Budget Analysis

Budget analysis entails explaining and examining the components of revenue and expenditure in a budget plan. The primary aim of the budget analysis is to predict and control future expenditures, needs, thus providing the information needed to prepare a budget for the subsequent fiscal cycle. The structure of the budget can vary based on the goals that the organization aims to accomplish.

Here's how budget analysts use budget analysis:
  • Created operating and ancillary budget material templates using MS-Excel, leading to better accuracy for budget analysis of battalion needs.
  • Develop periodic comprehensive budget analysis such as surplus and deficit forecasts for the politically-sensitive and analytically complicated Division of HPDP.

3. Financial Reports

Here's how budget analysts use financial reports:
  • Maintained financial operations of grants including budgeting, quarterly reconciliations, and submission of financial reports to state regulatory agencies.
  • Conducted comprehensive audits variety of financial reports related to adjustment of expenditures and obligations versus the General Ledger;.

4. Financial Data

Here's how budget analysts use financial data:
  • Managed six different financial data systems to ensuring timely and accurate reporting of expenditures and obligations for 3D Marine Aircraft Wing.
  • Researched, compiled, analyzed, summarized, and disseminated financial data to support budget formulation, justification, and execution.

5. PowerPoint

Here's how budget analysts use powerpoint:
  • Provided budget forecasting and planning, allocated funding for multiple sub-tasks, and conducted One-on-One Project Review PowerPoint presentations with managers.
  • Generated computerized products in accomplishing budgeting assignments and reprogramming actions using Microsoft Office Word, Excel, and PowerPoint programs.

6. Budget Estimates

Budget Estimates refer to the projected financials of a company. Depending on what the company estimates it will make in profits, the budget estimates how much of that money will be spent on services, salaries, products, and the manufacturing process (if necessary). Sometimes called cash flow, this process helps companies both plan and create new monetary goals to complete.

Here's how budget analysts use budget estimates:
  • Provided complete and final budget estimates by established deadlines, identified budget changes and demonstrated how those changes impacted agency operations.
  • Examined budget estimates and proposals for completeness, accuracy, and compliance with established procedures, regulations, and organizational objectives.

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7. Budget Formulation

The budget formulation is the process of establishing the resources necessary for an organization (private/public/federal) to carry out plans, perform operations, and to achieve goals in a set period. The process of budgeting begins with reviewing budget proposals. Budgets need to be accurate and in compliance with laws/regulations of the organization and region.

Here's how budget analysts use budget formulation:
  • Assisted Resource Manager in the budget formulation, presentation/justification, and execution of the Signal Support Activity Operation and Maintenance funds.
  • Developed, recommended, and implemented budgetary polices and prepared agency estimates in accordance with budget formulation and federal budget process.

8. Customer Service

Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.

Here's how budget analysts use customer service:
  • Rendered customer service and facilitated responses to vendors, internally and externally, in areas connected with affected operations.
  • Provided high-level customer service standards, provided hands-on training, information sharing and ensured open lines of communication.

9. DOD

Definition of Done (DoD) is a set of deliverables that are needed to devise software. These deliverables are valuable to the system and can be exemplified by writing code, coding comments, unit testing, integration testing, design documents, release notes, and so on.

Here's how budget analysts use dod:
  • Created funding authorization documents and other government funding actives across various financial appropriations and various DoD agencies.
  • Interacted with other DoD intelligence agencies to collaborate obligation of unused funds.

10. Payroll

Payroll is the sum of all the compensation that an organization has to pay to employees at a specified time. Payroll is managed by the finance or HR department while small business owners may handle it themselves. Payroll isn't fixed as it varies every month due to sick leaves, overtime, etc.

Here's how budget analysts use payroll:
  • Prepared, distributed and identified variances by gathering information that supported overages while working with accounts payable and payroll departments.
  • Provided critical payroll, budgetary and personnel policy support and analysis to the Human Resources department and upper management.

11. Financial Analysis

Here's how budget analysts use financial analysis:
  • Performed financial analysis and managed the budget execution process to assure appropriation funds are properly allocated and are being obligated.
  • Performed financial analysis in order to forecast how to accomplish handling budget reductions as cost effectively as possible.

12. Budget Execution

Budget execution refers to the process in which financial resources made available to an agency get directed and controlled toward achieving the purposes and objects for which budgets were approved.

Here's how budget analysts use budget execution:
  • Developed and tracked budget execution documentation to ensure timely obligation and expenditure and recoup/reissue when warranted through Government Standard Accounting System.
  • Analyzed existing budget execution problems in connections with the work flow and initiated recommendations to the supervisor on numerous occasions.

13. HR

HR stands for human resources and is used to describe the set of people who work for a company or an organization. HR responsibilities revolve around updating employee records and carrying out management processes like planning, recruitment, evaluation, and selection processes. HR is a key contributor to any company or organization's growth as they are in charge of hiring the right employees, processing payrolls, conducting disciplinary actions, etc.

Here's how budget analysts use hr:
  • Ensured extensive military HR rules, procedures, and operations were successfully integrated across entire responsible area.
  • Assisted HR Specialist reviewing qualified candidates for budget positions only and participated in the interview process.

14. Rehabilitation

Here's how budget analysts use rehabilitation:
  • Prepared project budgets and tenders/offers Compared prices of construction materials within local markets for building construction and rehabilitation

15. Budget Process

Here's how budget analysts use budget process:
  • Presented findings to top management officials and explained the significance of conclusions, justified recommendations and answer related budget process questions.
  • Performed professional level budgeting and accounting, planned and coordinated entire budget process, and conducted annual financial systems training.
top-skills

What skills help Budget Analysts find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What skills stand out on budget analyst resumes?

Stefano Colafranceschi Ph.D.

Assistant Professor, Eastern Mennonite University

In my opinion, logic and organization are the two most essential soft skills. Logic drives the analysis process to make it efficient, complete, and effective. An organized and logical work enables further optimization and tuning to understand the implications of the strategies about to be implemented.

What soft skills should all budget analysts possess?

Stefano Colafranceschi Ph.D.

Assistant Professor, Eastern Mennonite University

Definitively a team working attitude and communication skills. Nowadays, everything is accomplished within the realm of a team, so functioning well in that dynamic, diverse context is crucial. No matter your role in the team, use your capacity to contribute to the shared goal.
Of course, translating and abstracting your work to a larger audience should also be the focus of your activity.

What hard/technical skills are most important for budget analysts?

Stefano Colafranceschi Ph.D.

Assistant Professor, Eastern Mennonite University

Quantitative and technical skills like coding, knowledge of complex hardware and/or software systems, and the ability to perform quick and dirty calculations are of utmost importance. Depending on the context, specific skills might be required by the job, however, handling any type of computer language/framework plus a math-oriented mindset often is a winning mix.

What budget analyst skills would you recommend for someone trying to advance their career?

Fang Lin

Assistant Professor of Finance, Pacific Lutheran University

Don't be afraid to negotiate your starting salary. Young journalists have a lot to offer newsrooms through social media skills and a willingness to adapt to new technologies such as artificial intelligence. Technology skills have value and should not be undersold. Also, young journalism students should not discount the value of their student media and internship experiences. Young journalists must use everything on their resumes to show how they bring value to their position and ask to be compensated fairly for the work they will contribute to the newsroom's success.
Do you want to know more?
Read more about what experts have to say about budget analyst

List of budget analyst skills to add to your resume

Budget analyst skills

The most important skills for a budget analyst resume and required skills for a budget analyst to have include:

  • Financial Management
  • Budget Analysis
  • Financial Reports
  • Financial Data
  • PowerPoint
  • Budget Estimates
  • Budget Formulation
  • Customer Service
  • DOD
  • Payroll
  • Financial Analysis
  • Budget Execution
  • HR
  • Rehabilitation
  • Budget Process
  • Budget Preparation
  • Budget Development
  • Financial Resources
  • Financial Systems
  • Logistics
  • Management System
  • Pivot Tables
  • Historical Data
  • Technical Assistance
  • Program Budget
  • Defense Travel System
  • GFEBS
  • Reconciliations
  • Budget Data
  • Cost Estimates
  • Strong Analytical
  • Journal Entries
  • OMB
  • Cost Analysis
  • Budget Reports
  • Financial Transactions
  • Financial Statements
  • General Fund
  • Variance Analysis
  • Budget Submissions
  • DTS
  • General Ledger
  • Internal Controls
  • Budget Issues
  • FTE
  • Corrective Action
  • Budget Adjustments
  • Expense Reports
  • Budget Request
  • Budget Proposals

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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