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BUDGET ANALYSTS
 
Occupation Description:
 
  Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
 
Typical Tasks:
 
 
  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Direct the preparation of regular and special budget reports.
  • Consult with managers to ensure that budget adjustments are made in accordance with program changes.
  • Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.
  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
  • Seek new ways to improve efficiency and increase profits.
 
Skills:
 
 
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times..
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents..
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems..
  • Mathematics - Using mathematics to solve problems..
  • Speaking - Talking to others to convey information effectively..
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions..
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one..
 
Knowledge:
 
 
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data..
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications..
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar..
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources..
  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology..
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process..
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction..
 
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Education & Training:
 
  Bachelor's degree
 
      View Related Programs on Connecticut's Education & Training ConneCTion site
 
Wage Information:
 
 
Region Average Annual Average Hourly Entry Level (hourly) Mid-Range  (hourly)
Statewide $85,665.00 $41.18 $31.11 $34.76 - $48.23
Bridgeport/Stamford $93,195.00 $44.81 $31.51 $34.91 - $50.72
Hartford $86,910.00 $41.79 $33.00 $36.26 - $48.60
New Haven $82,052.00 $39.45 $29.94 $32.17 - $45.55
New London/Norwich $80,328.00 $38.62 $31.74 $34.34 - $43.31
Waterbury $81,052.00 $38.97 $29.98 $33.84 - $42.37
      
Select a town to see its region Not sure which Region applies to you?
    

 
Occupation Outlook:
 
 
Region Employment Average Annual Growth Rate Average Annual Job Openings
2014 2024
State of Connecticut 850 880 0.3% 24
 
 
Chart of Growth Rate and Annual Openings   Employment in this occupation is expected to grow about as fast as average, and the number of annual openings will offer very good job opportunities.
Key:
  N/A = Not Applicable, ***** = Over $60.00 per hour, ##### = Over $124,821
 
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