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Budget Analyst in St. John's, NL

Budget Analyst Job Description

A Budget Analyst is responsible for supporting an organization's financial planning by developing, managing, and analyzing budgets. This role involves collaborating with various departments to collect financial data, prepare budget forecasts, and monitor expenditures to ensure fiscal responsibility and alignment with strategic goals. The Budget Analyst identifies trends, analyzes variances, and provides key insights to management to optimize resource allocation and improve financial performance. Candidates need strong analytical skills, meticulous attention to detail, and proficiency in financial modeling and spreadsheet software. Typically, 3-5 years of progressive experience in budgeting, financial analysis, or accounting is required. A Bachelor's Degree in Finance, Accounting, Business Administration, or a related field is essential, with a Chartered Professional Accountant (CPA) or other relevant certification (e.g., CFA) often preferred. A solid understanding of Canadian financial regulations and economic drivers impacting budgeting is key.

Typical budget analyst duties:

Assist in the development, preparation, and implementation of annual operating and capital budgets.Collect and analyze financial data from various departments, identifying trends and forecasting future needs.Monitor budget performance against actual expenditures, identifying and explaining variances.Prepare comprehensive budget reports, presentations, and financial models for management review.Collaborate with department heads to understand their budgetary needs and ensure accuracy.Recommend budget adjustments and cost-saving measures to optimize financial resources.Support the strategic planning process by providing accurate financial projections and analyses.Ensure budget processes and reporting comply with internal policies and Canadian financial guidelines.

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Salary for Budget Analyst in St. John's, NL

66105 - 86807

Low
66105
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
73398
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
86807
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High VP of Finance 142091 160205 193140 Finance Director 121860 140680 165146 Financial Planning and Analysis Manager 105863 127270 148678 Financial Project Manager 112450 126800 141621 Financial Analysis Manager 100452 127976 145620 Senior Financial Analyst 83279 96688 109156 Financial Analyst – Financial Services 79279 92924 105157 Financial Analyst 63518 74574 83514 Junior Financial Analyst 58342 62106 65870 Business Analysis Manager 108921 127506 146561 Senior Business Analyst 89866 103745 119037 Business Analyst 69869 83749 99040 Senior Budget Analyst 91042 102334 122330

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