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Budget officer skills for your resume and career

Updated January 8, 2025
5 min read
Quoted experts
Stefano Colafranceschi Ph.D.,
Stefano Colafranceschi Ph.D.
Below we've compiled a list of the most critical budget officer skills. We ranked the top skills for budget officers based on the percentage of resumes they appeared on. For example, 9.7% of budget officer resumes contained financial management as a skill. Continue reading to find out what skills a budget officer needs to be successful in the workplace.

15 budget officer skills for your resume and career

1. Financial Management

Here's how budget officers use financial management:
  • Led the development of numerous projects that significantly increased the productivity of the entire Coast Guard Financial Management community.
  • Review and approve sub-award budgets and assist program managers with sub-award financial management and oversight.

2. Oversight

Having oversight of someone means to monitor a process or a situation. If someone has oversight of something, they are responsible for the completion of the project. Oversight is usually given to experts as they monitor their juniors or newbies as they go through a project.

Here's how budget officers use oversight:
  • Provided resource management oversight for all aspects of budgetary operations for a small military college.
  • Provided collaborative expertise in briefings to congressional staffers and other IC oversight.

3. 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 officers use budget formulation:
  • Directed the activities of the Supply Department (i.e., procurement, budget formulation/execution, and inventory management).
  • Requested by NGB/FM to support the Budget Formulation for approximately $3.5B in Military Personnel Appropriation funding

4. Budget Process

Here's how budget officers use budget process:
  • Provided technical support to government throughout the budget process from budget preparation to presentation, execution and reporting.
  • Develop improvements to current Budget processes such as earmarks, expenditure projections, Budget Concept Requests, and expenditure projections.

5. Financial Analysis

Here's how budget officers use financial analysis:
  • Manage financial analysis and accounting/budget functions including developing and monitoring $40 million of divisional and departmental budgets.
  • Provide financial analysis of various funds and report findings monthly to the VP, Associate VP and Service Core Directors.

6. Financial Resources

Fіnаnсіаl rеѕоurсеѕ аrе ѕоurсеѕ оf fundѕ thаt a buѕіnеѕѕ can drаw uроn tо bе successful, to finance its investments, саріtаl, and day-to-day operations. It соvеrѕ аll fіnаnсіаl fundѕ оf the organization fоr the іmрlеmеntаtіоn оf сurrеnt costs and extended rерrоduсtіоn еxреnѕеѕ, fоr the fulfіllmеnt оf financial оblіgаtіоnѕ аnd economic incentives fоr еmрlоуееѕ.

Here's how budget officers use financial resources:
  • Optimized financial resources; certified funds for disbursement, interpreted the legality and propriety of payments; and planned/assigned work.
  • Analyzed and reconciled accounting records to determine the financial resources required to implement programs and submitted recommendations for budget allocations.

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7. Financial Reports

Here's how budget officers use financial reports:
  • Prepared financial reports, statements and summaries containing findings, conclusions and recommendations.
  • Reconciled monthly financial reports provided by the University and resolved any discrepancies.

8. Personnel Actions

A personnel action means any action taken which affects compensation, appointment, promotion, transfer, assignment, reassignment, reinstatement, evaluation of performance, layoff, dismissal, discipline, commendations, or any other action that affects the status of employment, etc. For example organizational reassignment, hiring an employee, or an employee leaving the company, are represented by separate personnel actions.

Here's how budget officers use personnel actions:
  • Approved purchases and personnel actions for the Division.
  • Monitored and coordinated personnel actions and issues.

9. 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 officers use payroll:
  • Maintained appropriate controls over payroll processes and disbursements.
  • Performed manpower and payroll analysis.

10. 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 officers use budget execution:
  • Enhanced foreign tax reimbursement process by developing and implementing updated accounting policies for budget execution and reimbursement of tax-exempt operations.
  • Demonstrated high degree of specialty knowledge through highly accurate inventory reports, procurement of government vehicles and budget execution.

11. 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 officers use dod:
  • Prepared special cross-appropriation budget exhibits for the DoD Overseas Funding and Host Nation Support programs input to the President's Budget.
  • Initiated and managed multiple projects to enhance teleconferencing at no cost to the Brigade or the DoD.

12. Budget Preparation

Budget preparation is a calculative process between the finance department and the spending department. It indicates the start of the budget process and supervises departments and agencies for developing revised assessments (for the past year) and budget estimates (for the coming year). Budget preparation makes the organization responsible for its expenses, lessens costs, and provides for a worst-case scenario. It works as an assessment tool that can visually explain if you have sufficient funds to operate or to grow.

Here's how budget officers use budget preparation:
  • Manage financial programs and operations; budget preparation and execution; and program, cost, and economic analysis.
  • Provided technical assistance to central line ministries and provincial departments on budget preparation, execution, reporting and planning.

13. Budget Policies

Here's how budget officers use budget policies:
  • Adhered to budget policies and procedures established by city guidelines and evaluated proposals for increase funding or transfer of funding.

14. Budget Development

Budget development is the process of estimating the revenue and expenses for a period of time. A budget is a financial plan that can be adopted by an individual, government, or business.

Here's how budget officers use budget development:
  • Budget & Finance Central Office - Manages the Vocational Rehabilitation Program's regional and administrative budget development process.
  • Reported on budget development, management and implementation.

15. Capital Budgets

Here's how budget officers use capital budgets:
  • Reviewed and created operating and capital budgets for state environmental, transportation and elderly affairs secretariats.
  • Prepared two complete operating and capital budgets.
top-skills

What skills help Budget Officers find jobs?

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

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

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 skills stand out on budget officer 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 officers 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.
Do you want to know more?
Read more about what experts have to say about budget officer

List of budget officer skills to add to your resume

Budget officer skills

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

  • Financial Management
  • Oversight
  • Budget Formulation
  • Budget Process
  • Financial Analysis
  • Financial Resources
  • Financial Reports
  • Personnel Actions
  • Payroll
  • Budget Execution
  • DOD
  • Budget Preparation
  • Budget Policies
  • Budget Development
  • Capital Budgets
  • OMB
  • Budget Proposals
  • Internal Controls
  • Budget Planning
  • Budget Estimates
  • Financial Policies
  • Financial Data
  • Budget Reports
  • Logistics
  • Financial Systems
  • Historical Data
  • Budget Submissions
  • Program Budget
  • Cost Analysis
  • Financial Statements
  • HQ
  • Variance Analysis
  • Budget Request
  • Budget Amendments
  • Management Division
  • Cost Estimates
  • Performance Measures
  • Automated Financial
  • Executive Management
  • PPBE
  • PeopleSoft
  • Financial Transactions
  • Dollar Budget
  • HR
  • ERP
  • Budget Revisions
  • Analyze Trends
  • Financial Operations
  • Operational Budget
  • Advisory Committee

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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