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Budget Analyst in Victoria, BC

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 Victoria, BC

72319 - 95156

Low
72319
The candidate is new to the role or has limited experience and is still developing core skills.
Mid
80946
The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.
High
95156
The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.
Projected salaries for related positions Job title Low Mid High VP of Finance 157325 177371 213658 Finance Director 134741 153773 178133 Financial Planning and Analysis Manager 114188 137279 160370 Financial Project Manager 121546 137279 154280 Financial Analysis Manager 109366 138294 158340 Senior Financial Analyst 91350 105560 118248 Financial Analyst – Financial Services 86275 101246 114188 Financial Analyst 70543 82976 91858 Junior Financial Analyst 63691 68259 72826 Manager of Business Analysis 117486 138040 158340 Senior Business Analyst 98455 113934 133473 Business Analyst 76633 91350 109113 Senior Budget Analyst 99978 112158 132711

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The salary benchmarks in the Canada Salary Guide From Robert Half are the result of a rigorous, multistep process designed to reflect projected market trends for 2027. They are based on actual compensation for professionals Robert Half has placed nationwide, along with third-party job posting data from Textkernel that we use for independent validation. Learn more about our methodology.
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