Job Summary
The Budgeting Specialist will support the financial planning and budgeting processes by developing, maintaining, and monitoring budgets, preparing variance analyses, and collaborating with business partners to ensure resources are allocated effectively. This role involves preparing budget schedules, maintaining budget models, tracking actuals against forecasts, and supporting periodic forecasting cycles. The Budgeting Specialist will work closely with finance, operations, and department leaders to provide timely budget insights and support continuous improvement of planning processes.
Key Responsibilities
- Develop, maintain, and update annual budgets, departmental budgets, and multi-period forecasts in coordination with business stakeholders.
- Prepare and maintain budget models, supporting schedules, and assumptions to ensure transparent and auditable budget inputs.
- Track actual performance against budget and forecast; prepare variance analyses and explain key drivers to management.
- Support monthly and quarterly forecasting cycles, consolidating inputs from departments and adjusting assumptions as needed.
- Work with finance and operations teams to translate strategic plans into financial targets and operational budgets.
- Maintain budget controls and monitoring procedures, identifying risks and recommending corrective actions to stakeholders.
- Prepare management reports and presentations that summarize budget status, trends, and key variances.
- Assist with scenario analysis, what-if modeling, and sensitivity analysis to support decision-making.
- Collaborate with accounting to ensure budget-to-actual alignment and support month-end reporting as required.
- Identify and implement process improvements and automation opportunities to streamline budgeting workflows (e.g., templates, macros, Power Query).
- Support ad hoc financial analyses, special projects, and system implementations related to planning and budgeting.
- Ensure compliance with internal controls, company policies, and relevant financial standards during budgeting activities.
Required Skills and Qualifications
- Bachelor’s degree in Finance, Accounting, Business, or a related field, or equivalent work experience.
- 2+ years of experience in budgeting, financial planning & analysis (FP&A), or related finance roles.
- Strong proficiency with spreadsheet modeling and Microsoft Excel (pivot tables, advanced formulas); experience with financial planning tools or ERP systems (e.g., Hyperion, Oracle, SAP, NetSuite) is preferred.
- Solid analytical skills with attention to detail and the ability to interpret financial data and identify trends.
- Effective written and verbal communication skills, with the ability to present findings to non-financial stakeholders.
- Experience preparing variance analysis, forecasts, and management reporting.
- Ability to manage multiple priorities, meet tight deadlines during budgeting cycles, and maintain confidentiality of financial information.
- Proven ability to work collaboratively across functions and influence without direct authority.
Preferred Qualifications
- Progress toward or completion of CPA, CFA, CMA, or related certification is a plus.
- Experience with automation tools (Excel macros, Power Query, Power BI) and process improvement initiatives.
- Familiarity with multi-entity or multi-currency budgeting environments.
- Prior experience supporting strategic planning, capital budgeting, or long-range forecasting.
Experience Level:
Mid (2+ Years)
Employment Type:
Full-time
Additional Information
- Demonstrated commitment to ethical financial practices and accurate, transparent reporting.
- May require occasional cross-site collaboration or minimal travel to company locations.
- We are an equal opportunity employer and encourage applicants from all backgrounds to apply.
