Budget Analyst Duties & Responsibilities

The role and function of a Budget Analyst includes the following duties and responsibilities:

  • Review budget proposals and funding requests
  • Conduct cost/benefit and other types of analyses
  • Submit budget recommendations for approval or rejection of funding requests
  • Explain and defend recommendations to management and stakeholders
  • Collaborate with managers to develop final consolidated budget
  • Ensure the organization’s budget adheres to legal regulations
  • Oversee expenditure and identify trends in spending
  • Make forecasts for future budget needs
  • Suggest improvements to increase profits (e.g. spending cuts)
  • Prepare periodical and special reports

Note that this is not an exhaustive list of Budget Analyst duties and responsibilities. Job functions for specific Budget Analyst roles may vary, depending on the industry and type of employer.

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