Budget Manager Job Description

Budget Manager Job Description (JD)

  • Design effective budget models for departments and the entire company
  • Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget
  • Present annual budgets to senior managers
  • Review budget requests for approval
  • Forecast future budget needs
  • Identify variances between actual and budgeted financial results at the end of each reporting period
  • Suggest spending improvements that increase profits
  • Review the company’s budget for compliance with legal regulations
  • Ensure department managers meet budget submission deadlines
  • Design and implement effective budgeting policies and procedures

Requirements

  • Proven work experience as a Budget Manager or Budget Analyst
  • Hands-on experience with accounting software and statistical packages
  • Knowledge of MS Excel (specifically, advanced formulas, pivot tables and charts)
  • Familiarity with forecasting methods and data analysis
  • Excellent numeracy skills with an attention to detail
  • Strong analytical skills
  • Knowledge of accounting best practices and regulations
  • Ability to explain budgeting and financial information in plain terms
  • BSc/MSc degree in Accounting, Finance or relevant field