Jr Budget Analyst (Onsite-Min 8 Hours)

Service Description

Junior Budget Analyst (Onsite - Min 8 Hours) Budget analysts help public and private organizations plan their finances. A budget analyst is a financial professional who reviews budgets and makes recommendations on how to manage money for projects, departments or entire businesses. Budget analysts can work independently or as part of a team of financial consultants depending on the scope of their assignments. They keep companies financially healthy by supervising expenses, advising on budgeting decisions and managing funding requirements. Budget analysts are important because they keep businesses accountable for how they spend their money, identify areas of waste and track a company's budgeting practices over time. Organizations rely on budget analysts to help manage business growth and changing financial resources over time Tasks and Responsibilities Summarize budgets and submit recommendations for the approval or disapproval of funds requests. Analyze monthly department budgeting and accounting reports to maintain expenditure controls. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Direct the preparation of regular and special budget reports. Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation. Compile and analyze accounting records and other data to determine the financial resources required to implement a program. Review operating budgets to analyze trends affecting budget needs. Interpret budget directives and establish policies for carrying out directives. Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds. Consult with managers to ensure that budget adjustments are made in accordance with program changes. Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods. Seek new ways to improve efficiency and increase profits. Testify before examining and fund-granting authorities, clarifying and promoting the proposed budgets.