Budget Analyst

• 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