Budget Analyst Resume Sample
Myra S. Johnson
Address: 910 Red Grove Avenue, Los Angeles, CA
Phone: (323) 7654321
Email: [email protected]
Current Job: Budget Analyst, Vision Quest Inc., CA
Objective
A dedicated Budget Analyst with 8+years of work experience seeks the opportunity to join Goodrich Finance as a Senior Budget Analyst. Committed to developing financial plans that will help your clients reach their financial goals, maintain profitability and attain long-term growth.
Skills
- Master’s Degree in Accounting
- Bachelor of Science in Accounting
- Well-versed in Banner Finance
- Strategic thinker
- Effective communication skills
- Strong attention to detail and follow through skills
- Proven ability to meet deadlines, function independently and collaboratively across departments
- Experienced in dealing with sensitive situations in a composed and professional manner
- Proactive team player
Work Experience
Budget Analyst, 2020 to present
Vision Quest, Los Angeles, CA
Duties and Responsibilities
- Writes comprehensive reports on expenditures; budget allocations, revisions and performance.
- Monitors 8 departments’ budget and expenditures and meets with supervisors to discuss appropriate steps to correct significant variances.
- Prepares monthly expense forecast and delivers reports to Director of Finance
- Identifies issues concerning budget and implements appropriate control measures to ensure expenditures do not go beyond budget forecast
- Trains new unit managers on standard budgeting procedures and orients them on the institution’s fiscal policies and procedures
Budget Analyst, 2017-2020
KLM Finance, San Francisco, CA
Duties and Responsibilities
- Executed budgets ranging from $5 to $50 M for various clients and projects.
- Formulated cost-cutting measures and justified revised budget allocation which improved profitability by 70%.
- Decreased production expenses by 50% for a top client by recommending different supplier/source for raw materials
- Identified key causes of variances between budget and expenditures. Reallocated financial resources which led to improved production output by 80% and increased year-end profit by 50%.
- Supervised 10 junior analysts with full life-cycle of project financial management including pricing reviews, setup, revenue and expense recognition
Budget Analyst, 2015-2017
Diamond Finance, San Diego, CA
Responsibilities
- Assigned to cover 20 clients – small to medium scale businesses. Prepared annual budget and financial forecast.
- Evaluated expenditures and recommended revisions in funds management. Monitored effectiveness of budget plans and proposed full implementation after target results are achieved within the trial period.
- Executed financial restructuring programs to 8 small scale businesses which led to 40%-60% profit growth
- Coordinated with the chief operations officer, finance head and other top managers in analyzing existing budget schemes, developing budget plans and preparing alternatives if the projected results were not met
- Produced easy-to-use, accurate and detailed monthly financial reports for clients’ department heads which improved fund management.
Education
Master’s Degree in Accounting
University of California, Los Angeles, CA
2012-2015; GPA 3.7
Bachelor of Science in Accounting
San Diego State University, San Diego, CA
2008-2012; Cum Laude
High School
Wood Rose High School, Berkeley, CA
2004-2008; GPA
Budget Analyst Resume Skills List
Go over the job post thoroughly so you can match your Budget Analyst resume skills list with the employer’s qualifications. Remember to keep your list relevant to the position, if it has nothing to do with budget analysis or financial planning leave it out of your resume.
As you may have noticed in our example for Budget Analyst resume, proper placements matter. Your skills are presented in a disorganized manner, the Hiring Manager will not waste time connecting the dots.
Just like accounting is all about making sense of figures, your resume must help the recruiter see the relevancy of your qualifications.
Here are the top skills that we found in most of the Budget Analyst job posts we reviewed.
- Education
You need to complete a Bachelor’s degree in Accounting, Business Administration, Economics, Finance or Statistics to be eligible for this job. Some employers require a Master’s degree for senior positions. If an advanced degree is required, make sure to indicate it in your list of strengths so the hiring manager can immediately take note of it. Include special courses you took to show you are updated with the latest developments in your field.
- Certification
Many budget analysts work for the government. If you wish to go in that direction, you need to get certified by Association of Government Accountants (AGA).To qualify for the certification—Certified Government Financial Manager (CGFM), you must have a bachelor’s degree in a finance-related field and at least two years of experience in government financial management. Certified budget analysts are required to take 80 hours of continuing education every 2 years for renewal of certification.
- Effective Communication Skills
Budget analysts must have the ability to explain their recommendations effectively to clients or executives from different departments. For example, if cost cutting measures need to be implemented to improve the financial health of a company, you will have to write and discuss proposals on how to curb expenses and restructure finances to the people concerned. It is not enough to show them equations as this can be confusing. You must be able to articulate your budget plans in order to merit support. In some cases, you will need to be diplomatic in declining requests for additional funding or recommending a budget slash.
- Strong Attention to Detail
A budget analyst must have a keen eye for detail to ensure accuracy in preparing forecasts and reviewing a breakdown of expenses. You will monitor how every dollar is spent to make sure that the company or department involved keeps their expenditures within a limit. Discrepancies cannot escape you either as the company relies on you to safeguard their finances.
- Efficient multitasker
The stress that comes with deadlines and tight work schedules can take its toll on budget analysts. You have to be able to create a systematized approach so you could cope with a multitude of tasks all throughout the budget cycle – development phase, mid-year review and final budget review.
Budget Analyst Resume Objective
A well written Budget Analyst resume objective has the power to tip the odds in your favor in a matter of five seconds. Use the objective statement to briefly describe how you can be of value to the company.
Hiring managers look for striking introductions, the kind that compels them to read the rest of the resume. Avoid generic statements unless you want your object to look like a shared Facebook post.
How do you write your resume objective for Budget Analyst?
Highlight your top skills to create a strong professional impression. Add years of experience and the position you seek. Lastly, state what you intend to contribute to the company.
These qualities are highly evident in our resume sample for Budget Analyst.
We started out with a strong attribute, “dedicated” and emphasized the more than 8 years experience in the field of budget analysis to frame the objective which is to become the Senior Budget Analyst for Goodrich Finance.
In that regard, always include the name of the company you are applying for in the resume objective. It gives it a more customized feel and is very much appreciated because the objective statement is viewed as your way of introduction.
Budget Analyst Resume Format
The reverse chronological type will be ideal for your Budget Analyst resume format. This will allow the hiring manager to go over your career history quickly without missing a single detail.
Make use of bullet points to present your list of strengths and work responsibilities and remember to keep your sentences brief and concise. How many bullet points per job?
Five will do for previous jobs held while you can list more for your current job. However, do not go overboard and go beyond 10. You will have a chance to discuss your work at length during the interview so keep the details at a minimum level.
Sections of our resume template for Budget Analyst were set up this way to conform with the reverse chronological format:
- Contact Information.
- Objective Statement
- Skills
- Work Experience
- Education
- Personal Information
Entry Level Budget Analyst Resume
As long as you highlight your certifications, additional training, educational achievements and relevant work experience, your entry level Budget Analyst resume should still receive consideration from potential employers.
For example, if you are looking at a career as a Budget Analyst as a transition from your current occupation, emphasize skills and experiences that are transferable or relatable.
It is never wise to hide any information from the recruiter. Use the resume objective to win the understanding and empathy of the person reviewing your application.
You can do this by telling a story on why you want to transition to a new career as a Budget Analyst and how your current experiences can be of value to the company.
Take your cue from the company’s mission/vision statement and weave that into your resume objective. Think of additional skills that can give you an edge over another applicant with the similar qualifications.
Budget Analyst Resume Writing Tips
When writing your bullet list, it is important to relate your skills to the tasks and accomplishments. Mention who you worked with or for, and do not forget to state the outcome of action taken.
Take time to review how we crafted the job description for Budget Analyst resume. We used strong action verbs like analyzed, assessed, budgeted, recommended, restructured, coordinated, collaborated and supervised.
Show how productive your efforts were by quantifying results or contribution. Don’t forget to use numbers when writing responsibilities or duties at work in order to create a stronger impression.