Finance

Budget Manager

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

About Vintti

Vintti stands at the forefront of economically advantageous staffing solutions for US businesses. By facilitating partnerships between American companies and Latin American professionals, we offer a pathway to reduced operational costs without sacrificing quality. Our approach enables businesses to reinvest savings into core areas, fostering growth and enhancing overall market competitiveness.

Description

A Budget Manager plays a crucial role in ensuring the financial health and stability of an organization. Responsible for developing, overseeing, and refining budget plans, a Budget Manager analyzes financial data, monitors expenditures, and forecasts future financial performance. This role requires strong skills in financial planning, strategic thinking, and communication, as it involves collaborating with various departments to align financial goals with organizational objectives. Effective Budget Managers provide valuable insights to guide decision-making processes, optimize resource allocation, and achieve long-term fiscal sustainability.

Requirements

- Bachelor's degree in Finance, Accounting, Business Administration, or a related field
- Proven experience as a Budget Manager or in a similar financial role, typically 5+ years
- Advanced proficiency with financial software and Microsoft Office, particularly Excel
- Strong analytical skills with attention to detail and accuracy
- Excellent mathematical and statistical abilities
- Thorough understanding of budgeting and financial planning principles
- Familiarity with financial regulations and compliance standards
- Strong verbal and written communication skills
- Ability to manage multiple tasks and prioritize effectively
- Experience in conducting financial analysis and forecasting
- Strong interpersonal skills with the ability to collaborate effectively with various departments
- Experience in mentoring and managing junior financial staff
- Demonstrated problem-solving abilities and strategic thinking
- Ability to prepare detailed financial reports and present findings to senior management
- Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation preferred
- Experience with financial modeling and scenario analysis
- Knowledge of cost-saving techniques and efficiency improvements
- Proven track record in implementing budgetary controls and financial procedures
- Experience working with auditors and managing financial controls
- Familiarity with budget management software and financial databases
- Ability to handle confidential information responsibly
- Strong organizational skills and ability to meet deadlines under pressure

Responsabilities

- Review and analyze daily financial reports and statements.
- Monitor actual expenditures against budget to identify variances.
- Prepare and distribute detailed financial reports to senior management.
- Assist in the preparation of annual budgets and financial forecasts.
- Conduct financial analysis to support strategic planning and decision-making.
- Collaborate with department heads to review budget proposals and recommend funding allocations.
- Ensure all financial activities comply with internal policies and external regulations.
- Identify areas for cost savings and efficiency improvements within the organization.
- Provide financial insights and guidance to help manage project budgets.
- Update financial models and perform scenario analysis.
- Liaise with auditors to ensure proper financial and operational controls.
- Manage and mentor junior financial staff.
- Track financial performance indicators and generate performance metrics.
- Facilitate budget review meetings with key stakeholders.
- Implement budgetary controls and procedures to streamline financial operations.
- Address and resolve budget-related queries from various departments.
- Monitor and manage cash flows to ensure liquidity and financial stability.
- Prepare ad-hoc financial reports as required by management.
- Support the finance team in month-end and year-end closing activities.
- Maintain and update budget management software and financial databases.

Ideal Candidate

The ideal candidate for the Budget Manager role will possess a Bachelor's degree in Finance, Accounting, Business Administration, or a related field, coupled with over five years of proven experience in budget management or a related financial role. They will exhibit advanced proficiency in financial software and Microsoft Excel, demonstrating strong analytical skills with meticulous attention to detail and accuracy. This individual will have a solid understanding of budgeting and financial planning principles, as well as familiarity with financial regulations and compliance standards. The candidate will bring strong verbal and written communication skills, with the ability to prepare detailed financial reports and present findings effectively to senior management. They will excel in a collaborative environment, showing strong interpersonal skills to work seamlessly with various departments. Experience in mentoring and managing junior financial staff will be evident, along with a proactive problem-solving approach and strategic thinking abilities. The ideal candidate will hold a Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation, bringing expertise in financial modeling, scenario analysis, and a track record of implementing budgetary controls and financial procedures. They will display high integrity, confidentiality, and a results-driven mindset, with a commitment to ongoing learning and development. Their exceptional organizational skills, ability to adapt to changing priorities, and strong time management capabilities will enable them to meet deadlines under pressure, making them a standout fit for this position.

On a typical day, you will...

- Review and analyze daily financial reports and statements.
- Monitor actual expenditures against the budget to identify variances.
- Prepare and distribute detailed financial reports to senior management.
- Assist in the preparation of annual budgets and financial forecasts.
- Conduct financial analysis to support strategic planning and decision-making.
- Collaborate with department heads to review budget proposals and recommend funding allocations.
- Ensure all financial activities comply with internal policies and external regulations.
- Identify areas for cost savings and efficiency improvements within the organization.
- Provide financial insights and guidance to help manage project budgets.
- Update financial models and perform scenario analysis.
- Liaise with auditors to ensure proper financial and operational controls.
- Manage and mentor junior financial staff.
- Track financial performance indicators and generate performance metrics.
- Facilitate budget review meetings with key stakeholders.
- Implement budgetary controls and procedures to streamline financial operations.
- Address and resolve budget-related queries from various departments.
- Monitor and manage cash flows to ensure liquidity and financial stability.
- Prepare ad-hoc financial reports as required by management.
- Support the finance team in month-end and year-end closing activities.
- Maintain and update budget management software and financial databases.

What we are looking for

- Detail-oriented with a high degree of accuracy
- Strong analytical and critical thinking abilities
- Proactive problem-solving skills
- Excellent team collaboration and interpersonal skills
- Clear and concise communication style
- Ability to work independently and take initiative
- High level of integrity and confidentiality
- Strategic and forward-thinking mindset
- Highly organized and able to prioritize effectively
- Adaptability to changing priorities and environments
- Results-driven and goal-oriented
- Strong time management skills
- Ability to mentor and develop junior staff
- Commitment to continuous learning and development

What you can expect (benefits)

- Competitive salary range commensurate with experience
- Comprehensive health, dental, and vision insurance
- Paid time off (PTO) including vacation, sick days, and holidays
- Retirement savings plan with company match
- Employee wellness programs and resources
- Flexible work hours and remote work options
- Professional development and training opportunities
- Tuition reimbursement programs
- Opportunities for career advancement and promotions
- Performance-based bonuses and incentives
- Life and disability insurance
- Employee assistance programs (EAP)
- Access to fitness facilities or gym membership discounts
- Company-sponsored events and team-building activities
- Commuter benefits or transportation allowances
- Generous parental leave policies
- Access to financial planning and retirement workshops
- Company-provided mobile phone or technology stipend
- Employee recognition and reward programs

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