Budget Analyst

$53,446 - $53,446/Yr

Durham Technical Community College - Durham, NC

posted 27 days ago

Full-time - Entry Level
Durham, NC
Educational Services

About the position

The Budget Analyst position involves a critical role in examining budget estimates to ensure they are complete, accurate, and compliant with established procedures and regulations. This position requires a thorough analysis of budgeting and accounting reports, which is essential for effective financial planning and resource allocation within the organization. The Budget Analyst will work closely with various departments to gather necessary data, assess financial needs, and provide insights that support decision-making processes. Additionally, the role may involve preparing detailed reports and presentations to communicate findings and recommendations to stakeholders, ensuring transparency and accountability in financial management. In this role, the Budget Analyst will also be responsible for monitoring expenditures and revenues, identifying variances from the budget, and proposing adjustments as necessary. This includes collaborating with team members to develop budget forecasts and conducting regular reviews to track financial performance against the budget. The position may require participation in budget meetings and workshops, where the analyst will contribute to discussions on financial strategies and priorities. Overall, the Budget Analyst plays a vital role in maintaining the financial health of the organization by ensuring that budgetary practices align with organizational goals and regulatory requirements.

Responsibilities

  • Examine budget estimates for completeness and accuracy.
  • Ensure compliance with procedures and regulations.
  • Analyze budgeting and accounting reports.
  • Monitor expenditures and revenues against the budget.
  • Identify variances and propose necessary adjustments.
  • Prepare detailed reports and presentations for stakeholders.
  • Collaborate with departments to gather financial data.
  • Participate in budget meetings and workshops.

Requirements

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • Strong analytical skills and attention to detail.
  • Proficiency in budgeting and accounting principles.
  • Excellent communication and presentation skills.
  • Ability to work collaboratively with various departments.

Nice-to-haves

  • Master's degree in a related field.
  • Experience with financial software and tools.
  • Knowledge of regulatory requirements related to budgeting.
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