The Senior Budget Analyst plans, analyzes, and prepares the organization’s budget according to previous budget figures and estimated revenue. Analyzes the organization’s accounting records to determine financial resources required. Being a Senior Budget Analyst maintains records and analyzes the difference between actual operating figures and estimated budget. Makes recommendations for budget allocations to ensure conformance to budgetary limits. In addition, Senior Budget Analyst reviews operating budgets periodically to analyze trends affecting budget needs. Requires a bachelor’s degree. Typically reports to a manager or head of unit/department. Being a Senior Budget Analyst contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Senior Budget Analyst typically requires 4 to 7 years of related experience.
Senior Budget Analyst Job Description Template
Our company is looking for a Senior Budget Analyst to join our team.
Responsibilities:
- Investment Decision Support – Support the client’s decision processes for determining investments;
- Prepare Military Interdepartmental Purchase Requests (MIPRs), and potentially DD 1144 Support Agreements;
- Assist in the development of budget exhibits for O&M, Procurement and RDT&E budget exhibits (R Forms);
- Accounting – Perform accounting research as required;
- Financial Systems – Help the client maintain their respective information in relevant DoD financial systems;
- Prepares budget estimate inputs, and reviews for compliance with policy, rules, regulations, and procedures;
- Assist in the Program Objective Memorandum (POM);
- Ad Hoc Analyses – Serve as Finance SME on projects, analyses, reviews, etc as required by the client;
- Prepares a variety of documents, such as: correspondence, forms, reports, statistical tables, spreadsheets, etc;
- Assist in the development of an annual Spend Plan;
- Analyzing current and past budgets, forecasting future budget requirements, and preparing and justifying budget requests;
- Providing technical support for the set-up, execution, monitoring, reporting, and analysis of appropriated funds;
- Maintains primary responsibility for budgeting, forecasting, and completing ad hoc analysis for Agency wide revenue and expenses;
- Analyzes financial results, trends and performance metrics and provides root cause analysis to support business decisions. (15%).
Requirements:
- Must be a self-starter that can recognize needs and act with little to no guidance;
- Requires deep experience creating and reviewing MIPRs as well as working within the OSD staff to get them approved;
- All candidates must have a Secret clearance and the ability to obtain a Top Secret;
- Knowledge of DoD acquisition and contracting processes;
- Bachelor’s degree in Accounting, Finance, Management, or closely related field;
- 8 + Years of related experience; a Bachelor’s Degree (in a relevant discipline) will count as 4 years of experience;
- Strong organizational, project management and problem-solving skills with impeccable multi-tasking abilities;
- Demonstrates excellent communication skills, a high level of integrity, critical thinking, and leadership courage;
- United States Citizen;
- Experience with resp ond ing to data calls and providing the most accurate and relevant information to the requestor in a timely manner;
- Ability to manage a spend plan tracking tool for commitments, obligations, and procurement request ( PR ) submissions;
- Minimum 5 years of experience in finance/accounting fields (8 years if non-degree candidate) with a minimum of 2 years in the federal sector;
- Ability to establish and maintain a collaborative relationship with government personnel who have budget planning and execution responsibilities;
- Ability to perform budget execution and administration work involving the monitoring of obligations incurred and the actual expenditures of funds;
- Assisting in the pricing methodologies for use in the system of charges.