Senior budget analyst vs budget analyst

The differences between senior budget analysts 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 senior budget analyst and a budget analyst. Additionally, a senior budget analyst has an average salary of $69,249, which is higher than the $56,598 average annual salary of a budget analyst.

The top three skills for a senior budget analyst include financial management, powerpoint and financial analysis. The most important skills for a budget analyst are financial management, budget analysis, and financial reports.

Senior budget analyst vs budget analyst overview

	Senior Budget Analyst	Budget Analyst
Yearly salary	$69,249	$56,598
Hourly rate	$33.29	$27.21
Growth rate	3%	3%
Number of jobs	43,424	50,081
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 70%
Average age	47	47
Years of experience	4	4

What does a senior budget analyst do?

A senior budget analyst analyzes the finances of their company. They monitor their company's financial data to gain new insights to make a profit. They create budgets for departments, increase the efficiency of company systems, and prepare reports and financial statements.

What does a budget analyst do?

A budget analyst supports organizations and businesses by organizing their financial resources to develop and execute budgets for them. A budget analyst is also responsible for evaluating budget proposals, analyzing data, extra funds redistribution, recommending spending cuts, preparing reports annually, and estimating spending requirements in the future. A budget analyst explores alternative funding methods and uses cost-benefit analyses. In addition, budget analysts also look at past budgets and research any financial developments that could affect income and expenditures.

Senior budget analyst vs budget analyst salary

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

	Senior Budget Analyst	Budget Analyst
Average salary	$69,249	$56,598
Salary range	Between $45,000 And $105,000	Between $42,000 And $76,000
Highest paying City	Washington, DC	Washington, DC
Highest paying state	New Jersey	Virginia
Best paying company	Brookhaven National Laboratory	Shenzhen Capital Group
Best paying industry	Government	Government

Differences between senior budget analyst and budget analyst education

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

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

Senior budget analyst vs budget analyst demographics

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

	Senior Budget Analyst	Budget Analyst
Average age	47	47
Gender ratio	Male, 52.7% Female, 47.3%	Male, 45.7% Female, 54.3%
Race ratio	Black or African American, 12.9% Unknown, 4.7% Hispanic or Latino, 15.3% Asian, 8.5% White, 57.5% American Indian and Alaska Native, 1.0%	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	13%	13%

Differences between senior budget analyst and budget analyst duties and responsibilities

Senior budget analyst example responsibilities.

Manage regional incentive budgets including A/P, A/R, and document control for all on-site programs.
Manage and implement process improvement projects for payroll and other administrative services.
Prepare Medicaid and Medicare cost reports.
Upload DTS funds into GFEBS to ensure execution of allot funds.
Work extensively pushing and pulling funds in the GFEBS accounting systems.
Research, compile, and summarize data concerning propose POM budget submission to DoD.

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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.

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Senior budget analyst vs budget analyst skills

Common senior budget analyst skills

Financial Management, 8%
PowerPoint, 7%
Financial Analysis, 6%
Budget Analysis, 6%
Financial Data, 5%
Financial Systems, 4%

Common budget analyst skills

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

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Updated January 8, 2025

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