Budget Analyst

2 weeks ago

Auto Nagar Vijayawada Andhra Pradesh, India VDot solutions Full time ₹ 2,40,000 - ₹ 3,00,000 per year
  • 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, ₹25,000.00 per month

Benefits:

  • Cell phone reimbursement
  • Paid sick time
  • Paid time off

Work Location: In person

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