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Budget Analysts Go Back to List
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
 Tools & Technology
 Tools used in this occupation:
 
  • Notebook computers
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  • Desktop computers
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  • Personal computers
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  • Laser printers
  •  Technology used in this occupation:
     
  • Enterprise resource planning ERP software
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  • Financial analysis software
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  • Data base user interface and query software
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  • Accounting software
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  • Presentation software
  •  Tasks
     
  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
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  • Direct the preparation of regular and special budget reports.
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  • Consult with managers to ensure that budget adjustments are made in accordance with program changes.
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  • Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.
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  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
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  • Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
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  • Seek new ways to improve efficiency and increase profits.
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  • Review operating budgets to analyze trends affecting budget needs.
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  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
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  • Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
  •  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.
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  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
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  • Speaking - Talking to others to convey information effectively.
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  • Mathematics - Using mathematics to solve problems.
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  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
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  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
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  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
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  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
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  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
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  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
  •  Knowledge
     
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
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  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
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  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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  • 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.
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  • 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.
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  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
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  • 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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  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
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  • Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
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  • Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
  •  Search for Jobs on Connecticut's Labor Exchange (CTJOBcentral)
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     Education & Training
      Education:   Most of these occupations require a four-year bachelor's degree, but some do not.
      Related Experience:   A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
      View Related Programs on Connecticut's Education & Training ConneCTion site.
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     Wage Information
     
    Region Average Entry Level  Mid-Range 
    Annual  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 
     Occupation Outlook ( 2014 - 2024 )
    Average Annual Job Openings:   24
      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.
    ONET Resource Center Some of the occupational information on this page is formulated from O*NETTM v17.0 data. O*NETTM is a trademark of the U.S. Department of Labor, Employment and Training Administration.
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