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Top 25 Budget Analyst Interview Questions
Question 1 of 25
What makes you the best candidate for us?
  Professional Answer
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List of Budget Analyst Interview Questions
  1. What makes you the best candidate for us?
  2. Do you possess strong documentation skills?
  3. What budget analysis skills are your strongest and how will you use those to benefit our company?
  4. How strong are your mathematical skills?
  5. Explain how you would be an asset to this organization.
  6. If given this opportunity, how would you immediately show that you are highly competent?
  7. Are you planning to obtain your masters degree?
  8. Would you consider yourself a beginner, intermediate or advanced user in Excel? Can you make spreadsheets?
  9. What other software and programs are you well versed in?
  10. Are you comfortable creating and executing presentations?
  11. Is budget preparation a major strength for you?
  12. After reviewing our internal job description, are there any areas you feel you will excel in the most?
  13. After reviewing our internal job description, are there any areas you feel you may struggle with?
  14. Tell me about your post-secondary education. What was your favorite course? What was your most challenging course?
  15. What was the biggest error you have made as an analyst? What happened and how did you correct it?
  16. Tell me about a time when you were not satisfied with the outcome of your project. What did you do?
  17. Why do you want a career as a budget analyst?
  18. What would your previous supervisor say about your performance?
  19. What are the steps you follow to study a problem before making a decision?
  20. How do you decide what gets top priority when scheduling your time?
  21. What do you enjoy most about working on budgets? What do you find the most challenging aspect?
  22. In your previous role, what was your biggest challenge?
  23. How well do you communicate with your superiors?
  24. Have you ever missed a deadline on a report? What happened?
  25. What are your long term career goals as a budget analyst?
Authors:
Contributing Author
Diana D'Souza
HR Professional
Creativeinkdrops.com/
Budget Analyst Information
April 30th, 2017

Budget analysts have the knowledge and expertise necessary to help different types of institutions with organizing their finances and their budget. Their exact tasks may differ depending on the type and size of the organization they are working with. In general they prepare budget reports, review budget proposals to ensure they are in compliance with all laws, monitor organizational spending and estimate future financial requirements.
A bachelor's degree in any finance or acounting related field is sufficient to get hired as a budget analyst by a smaller company. However, larger institutions may only consider applicants who have a master's degree or higher. Budget analysts must be detail oriented and have excellent analytical, math, communication and writing skills.
At your interview for a budget analyst job, prospective employers will want to know how many years experience you've had in this role and what types of organizations you've worked with. They will also want to know about your career goals in order to gauge whether you are likely to work with them for a while or whether they will have to look for another employee in a few months. Giving the right answers will get you the job. The best way to prepare for your interview is by rehearsing answers to some of the questions you will find over at mock interview questions for budget analysts.
Budget Analyst User Submitted Interview Answers
Question 1 of 25
What makes you the best candidate for us?
User Submitted Interview Answers
1.
Please describe your experience managing budgets.
2.
I have experience with all software, I provide great customer service and I enjoy budget.
3.
I have the skills and experience. I am good in math.
4.
Because I am the right candidate for this position. I have the required experience, skill and qualification that will enable me do the job.
5.
I am pleasant to work with, accurate, thorough and can communicate results to varied audiences in variety formats xls, ppt, graphs summaries.
Question 2 of 25
Do you possess strong documentation skills?
User Submitted Interview Answers
1.
Yes I posses strong documentation skills. In my current position as a financial specialist daily I am continuously documenting vendor payments, providing bi-weekly and monthly updates on the status of payment and payment trends to management.
Question 3 of 25
What budget analysis skills are your strongest and how will you use those to benefit our company?
User Submitted Interview Answers
1.
My Education Background, Experience and Achievements in last organization where I have worked gives me satisfaction to be the Best Budget analyst.
2.
My ability to pay attention to detail and analyze everything.
3.
I am the best budget analyst for your agency because I'm a detailed oriented person.
4.
Cause I have good experience.
5.
I am the best budget analyst for your team/company because I'm very well versed in the tasks and skills of a budget analyst. In my current position I have been analyzing the cost and risks for certain budgest and the impact in reallocations of a budget. In addition, I am very comfortable in communicating the results of the analysis to multiple people and in multiple formats.
Question 4 of 25
How strong are your mathematical skills?
User Submitted Interview Answers
1.
My mathematical skills are extremely strong. I find a way to utilize math in my everyday life.
Question 5 of 25
Explain how you would be an asset to this organization.
User Submitted Interview Answers
1.
I believe I would be an asset by being the best at what I am expected to do. This included being on time, being efficient, being motivated, leading when necessary, and being a team player.
2.
I am very detailed oriented and put my best effort in my project.
3.
By meeting the deadline given and making sure I have the necessary information for my customers.
4.
I'm self motivated, I have the knowledge and skills, and the resources to perform the job.
5.
I am good in analyzing transactions to reduce the company's expenses. I have a good attitude and I am a team member, has the ability to solve any problems.
Question 6 of 25
If given this opportunity, how would you immediately show that you are highly competent?
User Submitted Interview Answers
1.
The confidence of my supervisor will be built just be see and experiencing the work ethics I bring to the table. I am timely, I am confident, I ask questions when I don't know the answer, I am a quick learner, and I enjoy challenges.
2.
Action. Showing vs speaking.
3.
Assure them of my abilities to complete assignments on time and correctly while showing confidence.
4.
By producing quality work on consistent basis.
5.
I would build my supervisor's confidence by showing him/her that I am committed to do the job that I was hired to do with working hard and being a team player.
Question 7 of 25
Are you planning to obtain your masters degree?
User Submitted Interview Answers
1.
Yes, I would like to eventually obtain my masters degree.
Question 8 of 25
Would you consider yourself a beginner, intermediate or advanced user in Excel? Can you make spreadsheets?
User Submitted Interview Answers
1.
I would describe myself as an advanced user in Excel. My undergraduate studies involved numerous occasions where Excel was required to extract and evaluate data. I am very capable of making spreadsheets.
2.
I would consider myself an advanced user in Excel. Yes I am savvy with spreadsheets and pivot tables.
3.
I consider myself to be an advanced user in Excel. I can create spreadsheets.
Question 9 of 25
What other software and programs are you well versed in?
User Submitted Interview Answers
1.
I am good with any type of Microsoft Office application that ranges from Word to Project and Access.
2.
I am well versed in word, dac easy, oracle, quickbooks.
Question 10 of 25
Are you comfortable creating and executing presentations?
User Submitted Interview Answers
1.
Using Microsoft PowerPoint is something I am confident in doing. Also, my history of conversing with people in a group setting makes me confident with presenting information.
2.
Yes I am comfortable in creating presentations. I am working on becoming better at executing presentations.
3.
Yes I am comfortable with creating and executing presentations.
Question 11 of 25
Is budget preparation a major strength for you?
User Submitted Interview Answers
1.
Yes it is in my personal life. I use a monthly and yearly budget to assist my son and I in our every day lives. I also budget and manage a family members monthly finances.
Question 12 of 25
After reviewing our internal job description, are there any areas you feel you will excel in the most?
User Submitted Interview Answers
1.
I will excel in the analyzing financial data and reporting areas. Another one of my daily responsibilities is to run and maintain various reports for all levels of staff. These reports are utilized to assist with forecasting along with gaining a better idea of financial progress of the agency.
Question 13 of 25
After reviewing our internal job description, are there any areas you feel you may struggle with?
User Submitted Interview Answers
1.
I feel I may struggle with executing presentations. But I would like to become better with this. So I am willing to attend training courses that will assist me to develop my skills in that area.
Question 14 of 25
Tell me about your post-secondary education. What was your favorite course? What was your most challenging course?
User Submitted Interview Answers
1.
I have taken a few courses at College of Southern Md. My favorite course was Accounting Information Systems and my least favorite was Trigonometry.
Question 15 of 25
What was the biggest error you have made as an analyst? What happened and how did you correct it?
User Submitted Interview Answers
1.
I can't think of any error that I've made.
2.
Can't think of one right now.
3.
Not realiizing funds were accepted as project order vs economy act which created the funds to expire in a matter of months . It was resolved by having the sponsor send in correct form.
4.
Forgetting to include a key member of the team but it was an honest mistake because the member was on vacation at the time.
5.
Transposing numbers. Had them corrected immediately.
Question 16 of 25
Tell me about a time when you were not satisfied with the outcome of your project. What did you do?
User Submitted Interview Answers
1.
All projects, I was successful on it, did not fail yet.
2.
Lesson learned be decisive, single minded and not second guess you choice that leads to failure.
3.
I made alot of mistakes but every body makes alot of mistakes.
4.
I made alot of mistakes but every body makes alot of mistakes.
5.
Restr0a process don't always go according to plan making for reverting back to original processes.
Question 17 of 25
Why do you want a career as a budget analyst?
User Submitted Interview Answers
1.
It is a great career and not only it pays well but also you learn a lot working on budget. It is challenging. It asks you different questions like negotiation.
2.
To take my HR experience that manage people and add to how budget process works. They both aligned correlate with one another.
3.
I love working with numbers and I love the outcome when I can see the budget and see the benefit of the analysis of it. By analyzing it, I look forward to see the final result of the resolve due to the analysis.
4.
I enjoy it! I enjoy puzzles - and sometimes that's all it is.
5.
I have a degree in accounting that will help how to come up a good budget that helps the organization to lower their operating expenses.
Question 18 of 25
What would your previous supervisor say about your performance?
User Submitted Interview Answers
1.
Not taking on too much although produces quality work.
2.
She would probably say, delegating. I am a work hog and can sometimes be territorial because when I am responsible for something, I want to make sure it is done and done correctly.
3.
Wanting to do my job with perfection and in the course of doing that it takes me a bit longer to give feedback.
4.
I should try to talk clearly and slowly.
5.
Do your job and let it rob off on others who may be slackers.
Question 19 of 25
What are the steps you follow to study a problem before making a decision?
User Submitted Interview Answers
1.
I have to make sure there is a problem and then the cause. How can we stop the cause.
2.
When studying a problem, I exam the issue. Then, I try to determine why the issue occurred. Then at that point I try to determine what could have been done differently that would have prevented the issue, or what can be done in the future to prevent the issue. At that point, I then determine the best solution, present it, then run with it.
3.
Know what the problem is and then enquire from people involved so to how it happened, if necessary refer to a previous similar problem and see how it was resolved.
4.
Research, understand the issue so you can make good decisions.
5.
Gather all the facts and select the best options.
Question 20 of 25
How do you decide what gets top priority when scheduling your time?
User Submitted Interview Answers
1.
I look at time sensitive items first by priority that way.
2.
My priority is based on the deadline.
3.
I decide what gets top priority by what it needing to be completed 1st as well as what will take the most time to complete.
4.
The most important and urgent tasks would be on my top priority.
5.
I will organize and review what needs to be done in order to meet deadlines.
Question 21 of 25
What do you enjoy most about working on budgets? What do you find the most challenging aspect?
User Submitted Interview Answers
1.
Well, I would think sometimes the long hours would be a dislike I have.
2.
If you fail and the budget does not fit or beneficial to the organization.
3.
When people are asked to plan and give out information about what they need and they take time to respond. I feel that delays the whole budget process.
4.
The process could be long because many people have to be engaged but that is a necessary part if it to be successful.
5.
Due to lacking of detail about expenses.
Question 22 of 25
In your previous role, what was your biggest challenge?
User Submitted Interview Answers
1.
I would say the biggest challenge has been just learning all the company has to offer and understanding the big picture of how what I do affects the entire company.
2.
All claims that were not paid and resubmits them to get more money for the company.
3.
The people skill to get the support of all the stakeholders.
4.
I had to help a lady when she was in so much debt so I gave her advice.
5.
Meeting deadlines have always been my most challenge, but given all the information is available can mitigate some of to make things smoother.
Question 23 of 25
How well do you communicate with your superiors?
User Submitted Interview Answers
1.
I am a great communicator, therefore, I communicate well with my superiors.
2.
Great! I have an awesome group of people that I work with!
3.
Use respect, courtesy and with a positive attitude.
4.
I like written communication and then follow up with verbal communication. That way I keep truck of the issues when they need to be followed up.
5.
Communicate well with my them effective communication.
Question 24 of 25
Have you ever missed a deadline on a report? What happened?
User Submitted Interview Answers
1.
No, I don't remember a time that I missed a deadline. In the jobs I have had in the past, I would work until it is done, even if it means working late nights and weekends.
2.
If I feel like I need more time or if I have said that I will have something ready yet couldn't make the time frame I had hoped, I contact the person and discuss the possibility of getting the report by the next day and then making sure that I meet that deadline.
3.
Never. I am organize and good in planning.
4.
Have not missed a deadline because I stay on top of things pretty much.
5.
Yes, and because I had to many people to work with and me being the best the had they choose me to do alot of shifts.
Question 25 of 25
What are your long term career goals as a budget analyst?
User Submitted Interview Answers
1.
My long term goals as a budget analyst is to learn all that I can about budget to excel in my position. I would like to eventually become a financial manager so this is the beginning of a long career for me.
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