Senior Budget Analyst

The Senior Budget Analyst leverages advanced theoretical and practical expertise in finance, accounting, and economic analysis to lead, coordinate, and oversee the organization’s comprehensive budget development, execution, and monitoring processes. The incumbent independently conducts complex financial analyses, develops multi-year budget forecasts using advanced excel and financial modeling techniques, and provides strategic guidance to senior leadership on cost control, expenditure management, and resource allocation. This position requires the direct application of a specialized body of knowledge in finance and accounting, typically acquired through the completion of a Master’s degree in Finance, Accounting, or Economics.

Essential Job Duties, But no limited to;

• Develop, compile, and analyze complex annual and multi-year operating, capital, and program budgets using quantitative modeling and economic forecasting principles.
• Apply time-series analysis, regression modeling, and econometric methods to project revenues, expenditures, and funding requirements.
• Review departmental budget submissions for accuracy, completeness, and compliance with accounting standards and organizational objectives.
• Conduct cost-benefit analyses using discounted cash flow (DCF), net present value (NPV), and internal rate of return (IRR) methodologies.
• Create and maintain financial models with scenario and sensitivity analyses to evaluate the impacts of economic, regulatory, or organizational changes.
• Analyze monthly, quarterly, and annual budget and accounting reports to ensure adherence to GAAP and identify variances between forecasted and actual results.
• Prepare narrative and analytical budget reports and variance analyses for senior leadership and oversight bodies.
• Track and analyze ongoing budget execution to ensure compliance with approved financial plans.
• Evaluate trends in operating budgets, including inflation, labor costs, and programmatic changes, and recommend adjustments as needed.
• Collaborate with department heads to ensure financial adjustments align with policy, budget authority, and strategic goals.
• Identify and manage contingency funds, reserves, and reallocation of appropriations where necessary.
• Provide technical advice to management and program directors on budgeting, cost analysis, and financial risk management.
• Evaluate program funding proposals and prepare written recommendations based on financial analysis.
• Identify opportunities for cost efficiency through process improvements, activity-based costing, and strategic resource management.
• Present and justify budget recommendations to leadership and advisory committees.
• Develop, review, and enhance internal budget and financial management policies to support compliance and operational efficiency.
• Utilize ERP systems (e.g., SAP, Oracle Hyperion, Microsoft Dynamics) and budget management software to develop and maintain analytical models and reporting tools.
• Use advanced Microsoft Excel functionality including pivot tables, lookups, financial functions, and dynamic formulas for financial modeling and data analysis.

Minimum Qualifications

• Master’s degree or Bachelor's degree in Finance, Accounting, or Economics required.
• 3–5 years of progressively responsible experience (full time and internships counts) in financial or budget analysis
• Advanced proficiency in ERP systems (SAP, Oracle, Hyperion, or equivalent), financial modeling in Excel, and data visualization tools (e.g., Power BI, SQL).
• Strong knowledge of GAAP, cost accounting principles, quantitative financial modeling, and econometric forecasting.
• Exceptional analytical, problem-solving, and written and verbal communication skills.

Preferred Attributes

• Strategic thinker with the ability to translate complex financial data into clear insights for non-financial stakeholders.
• Proven record of process improvement, fiscal control, and cross-department collaboration.
• Highly detail-oriented, organized, and comfortable working in fast-paced financial environments.

P.S. Sponsorship will be available for this position.

Internal hirings: Already an employee?

• Please email to: nirenpatelcpa@gmail.com, CFO & CEO @ Niren Patel & Associates PC

Job Type: Full-time

Pay: $88,000.00 - $103,000.00 per year

Benefits:

• Dental insurance
• Health insurance

Education:

• Bachelor's (Required)

Work Location: In person