Scope:
The Budget Analyst is responsible for supporting the preparation, monitoring, and analysis of budgets and financial forecasts. The role collaborates with departments to gather budget inputs, analyzes variances, provides financial insights, and helps ensure effective cost control and resource allocation across the organization.
Responsibilities:
• Assist in developing annual budgets and periodic financial forecasts.
• Collect and consolidate budget data from departments and business units.
• Analyze spending trends, variances, and performance against budget.
• Prepare budget reports, dashboards, and analytical summaries for management.
• Support cost control initiatives and identify opportunities for savings.
• Monitor capital and operational expenditures and ensure alignment with approvals.
• Maintain budgeting models, templates, and historical financial records.
• Participate in financial planning meetings and provide analytical support.
• Support financial audits and respond to budget-related inquiries.
• Assist in improving budgeting processes and tools.