budget manager
Code 1211.1.3
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.
Essential skills
Knowledge
- financial analysis
- financial statements
- cost management
- financial management
- company policies
- financial forecasting
- budgetary principles
- accounting department processes
- financial department processes
- corporate social responsibility
Skills and competences
- analyse market financial trends
- enforce financial policies
- support development of annual budget
- liaise with managers
- control financial resources
- follow the statutory obligations
- exert expenditure control
- evaluate budgets
- explain accounting records
- interpret financial statements
- plan health and safety procedures
- create a financial plan
- monitor financial accounts
Transversal competences
- advise on financial matters
- manage budgets
- manage staff
- integrate strategic foundation in daily performance
- strive for company growth
- follow company standards
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What to assess for this role
Technical knowledge can be verified with tests and references. What never shows up on a CV are the transversal competences, and they explain most failed hires. Before closing, it pays to measure them with a standardised battery.
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Sources
This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences