Budget Analyst

Year    AP, IN, India

Job Description

Budget Development and Analysis:

Drafting and reviewing budget proposals:

Budget analysts are involved in creating and examining budget proposals, ensuring they align with organizational goals and financial constraints.

Conducting cost-benefit analyses:

They evaluate the potential costs and benefits of different projects or initiatives, helping to make informed decisions about resource allocation.

Analyzing financial data:

They meticulously examine financial data, identifying trends, variances, and potential areas for cost savings or revenue enhancement.

Forecasting future financial needs:

They estimate and forecast future financial needs, supporting programs with financial analytics and ensuring resources are available when needed.

Budget Monitoring and Control:

Monitoring spending against budgets:

They track departmental expenditures and compare them against approved budgets, ensuring that spending remains within allocated limits.

Identifying and addressing variances:

They identify any discrepancies between actual and budgeted spending, investigating the reasons for variances and recommending corrective actions.

Preparing budget reports and presentations:

They prepare reports and presentations that summarize budget performance, highlighting key findings and recommendations.

Collaboration and Communication:

Collaborating with stakeholders:

They work with various departments and stakeholders to gather information, understand budgetary needs, and ensure alignment.

Providing financial insights:

They provide financial insights and recommendations to management, supporting informed decision-making and strategic planning.

Participating in budget planning meetings:

They attend budget planning meetings, contributing their expertise and insights to the budgeting process.

Other Responsibilities:

Assisting with financial reporting:

They may assist in preparing financial reports and statements, ensuring accuracy and compliance with accounting standards.

Researching alternative funding methods:

They may research and identify alternative funding sources or methods to support organizational initiatives.

Recommending cost-saving measures:

They identify and recommend cost-saving measures and strategies to improve financial performance.
Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹25,000.00 per month

Benefits:

Cell phone reimbursement Paid sick time Paid time off
Work Location: In person

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Job Detail

  • Job Id
    JD4499922
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    AP, IN, India
  • Education
    Not mentioned
  • Experience
    Year