Finance

Budget Analyst

Looking to hire your next Budget Analyst? Here’s a full job description template to use as a guide.

About Vintti

At Vintti, we specialize in providing US businesses with staffing solutions that feel local. By connecting companies with Latin American professionals operating in compatible time zones, we ensure that work schedules align naturally with US business hours. This temporal harmony facilitates immediate response times, efficient project management, and a cohesive team dynamic regardless of physical location.

Description

A Budget Analyst is a financial professional who plays a crucial role in an organization's financial health. They are responsible for developing, analyzing, and managing budget plans to ensure that financial resources are allocated efficiently and effectively. Utilizing analytical skills and financial expertise, Budget Analysts review past financial performance, prepare forecasts, and provide insightful recommendations to help organizations achieve their financial goals. They work closely with various departments to monitor spending, identify variances, and implement cost-saving measures, all while ensuring compliance with financial regulations and standards.

Requirements

- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- Minimum of 3 years of experience in budget analysis, financial analysis, or a similar role.
- Strong understanding of financial principles, budgeting, and fiscal management.
- Proficiency in financial software and advanced Excel skills.
- Excellent analytical and quantitative skills.
- Attention to detail and strong organizational abilities.
- Ability to interpret complex financial data and provide strategic insights.
- Strong communication skills, both written and verbal.
- Ability to prepare clear, concise, and comprehensive financial reports.
- Experience in preparing and monitoring budgets at departmental and project levels.
- Familiarity with cost-benefit analysis techniques.
- Ability to identify financial discrepancies and recommend actionable solutions.
- Knowledge of cash flow management and forecasting.
- Experience with variance analysis of actual versus budgeted performance.
- Demonstrated ability to work collaboratively with various departments.
- Strong problem-solving skills.
- Ability to manage multiple tasks and meet deadlines.
- Understanding of fiscal regulations and financial compliance requirements.
- High degree of professionalism and integrity.
- Experience with financial planning and long-term financial projections is a plus.
- Certification such as CPA, CFA, or similar is preferred.

Responsabilities

- Analyze financial data and generate comprehensive reports.
- Develop, maintain, and monitor departmental and project-based budgets.
- Conduct cost-benefit analyses to aid in decision making.
- Identify and rectify financial discrepancies.
- Review expenditures and ensure adherence to budgetary limits.
- Prepare and present budget summaries and forecasts.
- Work with department heads to gather budget information and updates.
- Contribute to the preparation of long-term financial plans.
- Monitor cash flow and suggest cash management strategies.
- Assess financial impacts of new projects or policy changes.
- Use financial software for budget tracking and execution.
- Investigate and reconcile irregularities in financial reports.
- Perform variance analyses between actual and budgeted performance.
- Maintain accurate and up-to-date financial records and documentation.
- Address inquiries related to budgeting processes and financial status.
- Provide guidance on financial procedures, regulations, and budget policies.

Ideal Candidate

The ideal candidate for the Budget Analyst role will hold a Bachelor's degree in Finance, Accounting, Economics, or a related field, coupled with a minimum of three years of relevant experience in budget analysis or financial analysis. They will possess a deep understanding of financial principles, budgeting, and fiscal management, displaying proficiency in financial software and advanced Excel skills. A strong analytical mindset and exceptional quantitative skills will enable them to interpret complex financial data, conduct cost-benefit analyses, and provide strategic insights. They will demonstrate meticulous attention to detail, superb organizational abilities, and the capacity to manage multiple projects and meet tight deadlines. The candidate will be an excellent communicator, capable of conveying financial information clearly and concisely to various stakeholders, while also collaborating effectively with department heads. Their problem-solving skills will allow them to identify and rectify financial discrepancies, and their knowledge of cash flow management and forecasting will support informed decision-making. Adaptable and proactive, this individual will excel in a dynamic work environment, uphold high ethical standards and integrity, and show a commitment to continuous learning and professional development. Certification such as CPA or CFA will be a preferred qualification, enhancing their ability to contribute to long-term financial planning and projections. Their focus on accuracy, strategic thinking, and capacity to work independently and as part of a team will distinguish them as the perfect fit for this Budget Analyst position.

On a typical day, you will...

- Analyze financial data and prepare reports to assess financial performance.
- Develop, maintain, and monitor budgets for various departments or projects.
- Conduct cost-benefit analyses to support decision making.
- Identify financial discrepancies and recommend corrective actions.
- Review expenditures and ensure compliance with budgetary constraints.
- Prepare and present budget summaries and forecasts to management.
- Collaborate with department heads to obtain necessary budget information and updates.
- Assist in the preparation of long-term financial plans.
- Monitor cash flow and provide input on cash management strategies.
- Evaluate financial impacts of potential projects or policy changes.
- Use financial software to track budget execution.
- Investigate and reconcile irregularities in financial reports.
- Prepare variance analyses to compare actual versus budgeted performance.
- Ensure that financial records and documentation are accurate and up-to-date.
- Respond to inquiries regarding budgeting processes and financial status.
- Advise on financial procedures, fiscal regulations, and budgetary policies.

What we are looking for

- Strong analytical mindset and detail-oriented
- High degree of accuracy and precision
- Excellent organizational and time management skills
- Ability to think critically and solve complex problems
- Strong interpersonal and collaboration skills
- Proactive and self-motivated
- Ability to work under pressure and meet tight deadlines
- High ethical standards and integrity
- Adaptability and flexibility in a dynamic work environment
- Strong communication skills for translating financial jargon
- Technologically savvy and quick to learn new software
- Ability to manage and prioritize multiple projects simultaneously
- Commitment to continuous learning and professional development
- Strategic thinker with a forward-looking approach to financial planning
- Strong numerical and quantitative aptitude
- Detail-oriented with a focus on accuracy
- Ability to work independently as well as in a team setting
- Positive attitude and resilient under challenges
- Excellent decision-making skills based on logical analysis
- Effective listener with the ability to gather comprehensive information

What you can expect (benefits)

- Competitive salary range commensurate with experience
- Comprehensive health, dental, and vision insurance
- Flexible working hours
- Remote work opportunities
- Generous paid time off (PTO) and holiday schedule
- 401(k) plan with company match
- Professional development and training opportunities
- Tuition reimbursement programs
- Wellness programs and gym membership discounts
- Employee assistance programs (EAP)
- Life and disability insurance
- Opportunities for career advancement and growth
- Inclusive and diverse work environment
- Employee recognition and reward programs
- Company-sponsored events and team-building activities
- Subsidized commuter benefits
- Parental leave policies
- Access to financial planning and retirement advisors

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