Budget Analyst

Proactive Staffing Strategies - Camden, NJ

Full-time - Mid Level

Remote - Camden, NJ

Administrative and Support Services

About the position

The Budget Analyst will be responsible for managing the financial resources of the department to achieve strategic goals and operational objectives. This role involves forecasting revenues and expenses, planning capital expenditures, and managing cash flow to maintain financial health. The analyst will establish detailed budgets, prioritize spending, and identify areas for cost savings and investment, particularly in the context of two recently merged groups.

Responsibilities

• Develop new, holistic budget processes for two recently merged groups to ensure effective management and allocation of financial resources.
• Develop and implement budget planning and processes.
• Create and implement processes to review and approve individual/team/project budget requests.
• Develop processes for managing incoming revenue streams and tracking outgoing expenses.
• Develop processes for allocating funds to different teams, projects, individuals, companies, etc.
• Implement tools and clear processes to develop, implement, and track budget plans, both operational and financial (Capital Project).
• Prepare forecasts and set financial goals based on budget processes.
• Optimize budgets based on spend data and performance.

Requirements

• Bachelor's degree in finance, accounting, math, statistics, economics, or a related field.
• Extensive experience with budgeting responsibilities and demonstrated success in execution.
• Experience working with product development and IT subject matter and staff is a plus.
• Proficiency with accounting, reporting, and budgeting software/enterprise performance management software.
• Ability to use Excel effectively and recommend long-term systems.
• Strong analytical skills to process information and evaluate costs and benefits.
• Excellent communication skills to explain and defend analyses and recommendations.
• Detail-oriented with careful analysis of budget items.
• Strong math skills for calculations and solving equations.
• Writing skills to present technical information understandably.
• Critical thinking skills to determine outcomes for budgeting choices and identify areas of waste.
• Problem-solving skills to review budgeting options and analyze spending.
• Financial modeling skills to forecast financial outcomes.