Budget Analysts

Code: 13-2031.00
Zone 4
Median Annual Salary
£91,640
Range: £62,250 - £136,660
Preparation & Education
Job Zone Four: High Preparation Needed
Job Zone 4
Industry Outlook
Below Average
New job opportunities are less likely in the future.

Role Overview & What They Do

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Also Known As (Alternative Job Titles)

Budget Analyst Budget and Policy Analyst Budget Coordinator Budget Officer Budget Planning Analyst Cost Analyst Financial Services Officer Fiscal Analyst Fiscal Budget Analyst

Daily Duties & On-The-Job Tasks

  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Review operating budgets to analyze trends affecting budget needs.

Technology, Tools & Software Stack

Enterprise resource planning ERP software
Microsoft Dynamics GP SAP software
Presentation software
Microsoft PowerPoint SAP Crystal Xcelsius
Financial analysis software
Oracle E-Business Suite Financials Satori Group proCube

Core Skills, Knowledge & Abilities

Basic Skills
thinking about the pros and cons of different ways to solve a problem using math to solve problems
Problem Solving
noticing a problem and figuring out the best way to solve it
People and Technology Systems
thinking about the pros and cons of different options and picking the best one figuring out how a system should work and how changes in the future will affect it
Business
accounting and economics management
Math and Science
arithmetic, algebra, geometry, calculus, or statistics
Arts and Humanities
English language
Engineering and Technology
computers and electronics
Math
add, subtract, multiply, or divide choose the right type of math to solve a problem
Verbal
communicate by speaking listen and understand what people say
Ideas and Logic
notice when problems happen order or arrange things

Personality & Work Styles

Top Interest: Conventional

People interested in this work like activities that include data, detail, and regular routines.

Key Work Styles:
Intellectual Curiosity Cautiousness Integrity Attention to Detail Dependability Achievement Orientation

Frequently Asked Questions About Budget Analysts

In the UK, the median annual salary for a Budget Analysts is £91,640. Starting salaries (10th percentile) typically begin around £62,250, while highly experienced professionals (90th percentile) can earn upwards of £136,660 depending on location and experience.

Entry as a Budget Analysts typically aligns with Job Zone 4 (Job Zone Four: High Preparation Needed). Most of these careers need a four-year bachelor's degree, but some do not.

Essential skills and tooling for a Budget Analysts include: Microsoft Dynamics GP, SAP software, Microsoft PowerPoint, SAP Crystal Xcelsius, Oracle E-Business Suite Financials, Satori Group proCube. Practitioners also benefit from strong analytical problem solving and communication skills.

New job opportunities are less likely in the future. (Industry demand rating: Below Average).

Live UK Vacancies for Budget Analysts

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Salary Distribution
10th Percentile (Entry): £62,250
Median Annual (Average): £91,640
90th Percentile (Senior): £136,660
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Occupational Terms
#budget estimate #accuracy #conventional interests #policy #computer #data #examine budget estimate #estimate for completeness #accounting report #financial data