§ OCCUPATION · GLOBAL STANDARDS

budget manager

Budget managers assess financial proposals of different departments before granting financial resources to projects.

Description

Budget managers assess financial proposals of different departments before granting financial resources to projects. They monitor the implementation of budget policies and procedures. They work closely with other departments in the evaluation of programs, their impact in the organisation, the revenue that they can yield, and the financial efforts required.

Theoretical Knowledge

ESSENTIALTheoretical knowledge required

budgetary principles financial department processes company policies financial statements financial management accounting department processes financial analysis cost management corporate social responsibility financial forecasting

OPTIONALAdjacent knowledge that strengthens fit

public finance statistics accounting techniques business management principles funding methods

Practical Skills

ESSENTIALApplied skills & competences

integrate strategic foundation in daily performance follow company standards enforce financial policies support development of annual budget follow the statutory obligations manage staff explain accounting records strive for company growth analyse market financial trends advise on financial matters control financial resources create a financial plan monitor financial accounts exert expenditure control evaluate budgets liaise with managers interpret financial statements manage budgets

OPTIONALOptional competences

create a financial report oversee the facilities services budget monitor charity's budget advise on public finance plan health and safety procedures review investment portfolios estimate profitability prepare financial statements analyse financial performance of a company assess financial viability inspect government expenditures

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)