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Top 25 Budget Analyst Interview Questions

Question 1 of 25
What makes you the best candidate for us?
Professional Answers Preview
"I have always been very good with numbers and analytical skills which always helped me while I was studying and started working as well. My friends and colleagues always rely upon my skills for helping them in taking important financial decisions. I believe that if I am selected for this job, I can use my skills further for the benefit of the company."
Talking about ourselves in this way can be challenging. We recommend reaching out to a few colleagues, family members, and friends. Ask them for their opinion. You'll probably be surprised at the consistency in their responses! Their answers will give you the response to the question. Tell the interviewer what sets you apart, and explain how your colleagues, family members, and friends have encouraged you with your gift in this area.
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Question 2 of 25
Do you possess strong documentation skills?
Professional Answers Preview
"Having worked successfully as a budget analyst for the past 6 years, I believe that I have excellent documentation skills. This has only become better with every report that I prepared in my career. If I have to rate my skills on a scale of 0-10, 10 being the highest, I would say that I am at 9."
Some people don't really think that this could actually be considered as an important skill for a Business Analyst but the truth is that the ability to form clear and concise documentation will always keep you ahead in your game. After all what is the use of an awesome analysis if you are unable to present it in front of the clients in a format that they can understand easily? Tell the recruiting manager that you have been making documents very often and you can always rate your skills on a scale of 0-10 just to give a clear picture of your skills. Its always best to pick 8 or 9 as a number as nobody is perfect and by not picking 10 you are open for learning new skills.
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Question 3 of 25
What budget analysis skills are your strongest and how will you use those to benefit our company?
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Question 4 of 25
How strong are your mathematical skills?
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Question 5 of 25
Explain how you would be an asset to this organization.
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Question 6 of 25
If given this opportunity, how would you immediately show that you are highly competent?
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Question 7 of 25
Are you planning to obtain your masters degree?
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Question 8 of 25
Would you consider yourself a beginner, intermediate or advanced user in Excel? Can you make spreadsheets?
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Question 9 of 25
What other software and programs are you well versed in?
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Question 10 of 25
Are you comfortable creating and executing presentations?
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Question 11 of 25
Is budget preparation a major strength for you?
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Question 12 of 25
After reviewing our internal job description, are there any areas you feel you will excel in the most?
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Question 13 of 25
After reviewing our internal job description, are there any areas you feel you may struggle with?
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Question 14 of 25
Tell me about your post-secondary education. What was your favorite course? What was your most challenging course?
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Question 15 of 25
What was the biggest error you have made as an analyst? What happened and how did you correct it?
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Question 16 of 25
Tell me about a time when you were not satisfied with the outcome of your project. What did you do?
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Question 17 of 25
Why do you want a career as a budget analyst?
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Question 18 of 25
What would your previous supervisor say about your performance?
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Question 19 of 25
What are the steps you follow to study a problem before making a decision?
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Question 20 of 25
How do you decide what gets top priority when scheduling your time?
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Question 21 of 25
What do you enjoy most about working on budgets? What do you find the most challenging aspect?
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Question 22 of 25
In your previous role, what was your biggest challenge?
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Question 23 of 25
How well do you communicate with your superiors?
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Question 24 of 25
Have you ever missed a deadline on a report? What happened?
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Question 25 of 25
What are your long term career goals as a budget analyst?
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User-Submitted Interview Answers

Question 1 of 25
What makes you the best candidate for us?
User-Submitted Answers
1.
Because, I work very hard at what I do I don't give up and I make sure that things are in order.
2.
Give my background and the knowledge I have with tools you use and my skillset along with my experience. I believe make ready day one with a short learning curve.
3.
You should hire me because I am a great candidate for this position. I have the skills and educations necessary for this position as well as the tenacity to make the best budget analyst you have had.
4.
I have over 8 years of SAP. Proven track record. Great relationship with school based administrators and dept heads. Understanding how FCS strategic goals are aligned with student achievement.
5.
I have a considerable experience and I have a desire to learn. I am also naturally a very positive person.
6.
You should hire me because you're getting someone who'll be invested in this organization and dedicated to increasing skills in finance, budgeting, research, and analysis.
7.
I have got the skills for budget analysis.
8.
Because I am the right candidate for this position. I have the required experience, skill and qualification that will enable me do the job.
9.
I want the job! I would be an asset to your team with my years of experience and ability to interact with managers and coworkers.
10.
I can utilize my knowledge and experience to gain company benefit.
11.
I am pleasant to work with, accurate, thorough and can communicate results to varied audiences in variety formats xls, ppt, graphs summaries.
12.
I would be an excellent partner for the management team in all aspects of budget development and management.
13.
My work ethic is so very important to me.
14.
I am very motivated and independent. I like problem-solving issues. I think I would be a great asset to the company since I know how to work with diverse people, since I have an international background.
15.
I will go above and beyond to be a team player and learn my job. Also I am the best choice.
Question 2 of 25
Do you possess strong documentation skills?
User-Submitted 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 Answers
1.
Because, I am very analytical, and deep thinker with a great and outstanding financial planning.
2.
I am dependable, detail oriented, teamplayer.
3.
I have the experience working with budgets, I have created and managed various budgets.
4.
I believe that I bring knowledge to the table of not just an analyst but an accountant as well. By having this knowledge I understand the basis of finance as well as what is expected of an accountant. I come with a bachelor and masters degree in accounting and financial management. I have working in the finance field for well over 10 years, from Accounts Payable, Accounts Receivable, Corporate Accounting as well as Asset Management. My experience and skills developed during that time, I believe makes me the perfect budget analyst.
5.
I can make suggestions on how we can save the department or our company.
6.
I am the best budget analyst for your agency because I'm a detailed oriented person.
7.
I will say I will be the best analyst because I am a quick learner and very flexible. I always enjoy and have interest in everything I do. On top of that I bring some experience as communicate with different departments, data collection, how to prepare and analyse budgets or provide recommendation to the board.
8.
I have skill in budgeting and analysis.
9.
I have the required skill and qualification to do the job.
10.
I understand the budget for this organization and I'm familiar with the way the budget is currently set up.
11.
Years of experience with the Bureau and years of very diverse business experience that will provide a broad knowledge base for this position.
12.
Can manage stress, problem and time.
13.
Accuracy, efficiency, dedication, creative, objectiveness.
14.
My experience has prepared me well for this position. I have performed all of the functions of this position. In addition, I have extensive institutional experience and knowledge, including in-depth experience with the systems used by UCD.
15.
Because I am able to accurately plan and analyse actual results.
Question 4 of 25
How strong are your mathematical skills?
User-Submitted 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 Answers
1.
I have an good creative mine set and I love to work.
2.
I knowledge of yours system and I bring budget experience that I believe can fit within your organization and your goals.
3.
The knowledge I have about your company and the experience I have in the field.
4.
My experience and skills is a perfect match for this postion and its a challendge I know I will relish. I am professional, calm, reliable and dependable and have a can-do-attitude. I feel this position requires maturity and discretion and honesty considering it has to do with a sensitive matter as funds to keep financial information confidential. In disbursing office where we were issusing personal pay checks montly to Italian employees personal finicaila information was imp. I am detailed orientated and have a keen eye for detail. Once again in disbursing accuracy and attention to deatial was required when checking payments and proper accounting an fiscal codes had been followed. All discrepencies were reported to the budget officer. I have outstanding organizational and coordinating abilities and deal with any workload assigned in fact I often cover two postioion with it overwhelming me. Basically werher I go my work follows. im proactive quick learning and work well indenpendtly and also in a tea. In admin where I was responsible to naval admin corr towards the end I was working indenpently or with little supervision. Also with the inspectors a work bascally on my own inititative. I ask for my supervsiros advice only as a last resort. Not because im afraid to ask for help but to no inconvience him toom much I know he has his own workload to deal with. work well in a team too and the front desk and with the insp. I try and have a cooperative friendly releationship with all my coworker sand supervisor its impr to remember we are all here to work towards a common goal. I have an ablitiy to create consenus amongst my coworkers which can only improve effiecnien and work. Quick learner once im trained and have understood what required of me I get the joy done within deallines with. Resoursce problem solver and coordinator. Last minuit inspections requires a cerain amot of coordinating, initiitve and organisaiotns skill to cooridnat so many mopepl to be at one place and the same time excellent it skill many spreadsheet that are updated daily weekly and monthey dailyt the water tank pre inspection weekly and mold and mild montehy I know I have the potential to successed in theis porositon and make a real contribution as a member of this dept.
5.
I will be a strong asset to your organization, I am hard worker, I care about the quality of work I produce, I work independently as well with a team.
6.
I am very detailed oriented and put my best effort in my project.
7.
Got all the skills and experience.
8.
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.
9.
I have a proven track with the organization now.
10.
I will give my 100% support to the company.
11.
I will be an asset in sens that I will bring my sens of humor, my positive attitude and my desire to do well. Those things can be an inspiration. I always bring to my previous companies my joy, my laugh.
12.
An asset is something that enables a business to improve sales. My ability to support the vision of this organization by adhering to the policies while producing high quality work is how I would be an asset to the company.
13.
By meeting the deadline given and making sure I have the necessary information for my customers.
14.
Being a current employee I am able to bring the ability to see the whole picture.
15.
The years of experience and broad base of knowledge I bring to the position.
Question 6 of 25
If given this opportunity, how would you immediately show that you are highly competent?
User-Submitted Answers
1.
Hard work and dedication.
2.
Assure them of my abilities to complete assignments on time and correctly while showing confidence.
3.
Timely and accurate work.
4.
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.
5.
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.
6.
Action. Showing vs speaking.
7.
I would build their confidence through my work. I'm hard-working and am dedicated to achieving results. I'm not a know it all, but what I don't know I will definitely find the answer.
8.
Delivering on what I say I am going to do. Asking clarifying questions if I am not sure about something. Providing the best budgetary analytical service to the organizations management. Being available.
9.
Continue to make improvement in any areas that need it. In addition, I would go take the initiative to complete projects and make things work easier for him.
10.
By producing quality work on consistent basis.
11.
I would immediately show that I am competent by utilizing the skills set I have develop (data analysis, pivoting spreadsheets and financial review to assist my co-workers. Also, by listening to those who will put in place to train me. The first thing you have to do is listen and learn to become better.
Question 7 of 25
Are you planning to obtain your masters degree?
User-Submitted 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 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 consider myself to be an advanced user in Excel. I can create spreadsheets.
3.
I would consider myself an advanced user in Excel. Yes I am savvy with spreadsheets and pivot tables.
Question 9 of 25
What other software and programs are you well versed in?
User-Submitted 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 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 with creating and executing presentations.
3.
Yes I am comfortable in creating presentations. I am working on becoming better at executing presentations.
Question 11 of 25
Is budget preparation a major strength for you?
User-Submitted 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 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 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 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 Answers
1.
The biggest error I made was when I accidentally gave someone the wrong advice.
2.
Transposing numbers. Had them corrected immediately.
3.
Can't think of one right now.
4.
I can't think of any error that I've made.
5.
The biggest error I made was in preparing an analysis for the CFO regarding Ohio's 4-year colleges compared to UA in the areas of tuition and fees. I spent one day gathering information from all of these colleges, making phone calls, sending emails. I compiled all the data and submitted it to the budget director. I realized that I sent the wrong information and that some of the information I had gathered wasn't correct. Based on the way the numbers looked, I knew I had something wrong. Budget Director contacted me, stating that something was and I told her that I had caught it and was working to rectify it before the meeting. I scrambled to get in touch with OSU because I had gathered incomplete data for them. I was able to spend my morning correcting the report before the Director's meeting with the CFO.
6.
Not impressing often enough on my boss how bad a self-supporting sales and service activity was losing money. I gave him quarterly status reports, and spoke to him about it as part of larger discussions, but I couldn't seem to impress upon him how serious the problem was. I am still not entirely sure what I could have done. However, I eventually developed a plan to outsource aspects of warehousing and fulfillment which would save us approximately $75K a year and bring the operation closer to a break-even status.
7.
Funding a mipr incorrectly. I found the error and went to my lead to assist me in corecting it.
8.
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.
9.
The biggest error was the counting of the AQR TTA logs. The count was not matching up with headquarters due to the process that was taking place in medical when recording the TTAs. There was nothing I could do to change the process but I noted the errors and contacted headquarters. To date the process has been corrected and there has been a new column added for the Analyst to use for correct tracking.
10.
Forgetting to include a key member of the team but it was an honest mistake because the member was on vacation at the time.
11.
The biggest error I have made as a specialist is I keyed an entry to the incorrect index. I quickly notified the manager and co-worker to stop the process of the payment. When we were unable to stop it I quickly put together the documentation required to make the correct adjustments to the entry.
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 Answers
1.
I made alot of mistakes but every body makes alot of mistakes.
2.
I made alot of mistakes but every body makes alot of mistakes.
3.
Restr0a process don't always go according to plan making for reverting back to original processes.
4.
At JPMorgan, I attempted to create spreadsheets that would help my supervisor track our goals and quotas. I was so excited about it and so was my sup. By the middle of the project, I realized that I hadn't thought this thing through. I had to go back to my sup, humbly, and say that I didn't this through and that I felt we needed to make some tweaks. He offered some ideas and we were able to finally get soemthing going to improve productivity on our team.
5.
This is not so much a project, but is perhaps my biggest work failure. I hired an individual to work as the cashier at the Bargain Barn when I was the interim manager. He passed the background check and was doing a really good job. We eventually hired a new manager and I went back full time to my job as finance manager. A couple of months after that I discovered that the clearing account for deposits was not reconciling. The new manager had not been checking the deposits and a significant amount of cash was missing. In some ways this reflected on me in that I hadn't balanced that account in a couple of months. I learned two lessons from this: never let a month go by without balancing a clearing account and make sure that managers in charge of a cash-handling operation know what they are supposed to do. My boss at the time told me that that was his responsibility and I shouldn't take on guilt for that, but I did.
6.
When in dental I failed to get a ducat list out. We typically had our providers we worked with and had regular days for each. In this instance I did not check the schedule in the morning as I usually would and didn't notice a provider was added (hygienist). In the morning when I arrived I called all the patients in for the provider.
7.
All projects, I was successful on it, did not fail yet.
8.
Lesson learned be decisive, single minded and not second guess you choice that leads to failure.
9.
I was assigned to work on a report detailing the details of agencies charged. The finalized report was confusing to someone who was not used to seeing the information. I took a step back and revised the report so that it would be easy to understand for anyone who needed to look at it.
Question 17 of 25
Why do you want a career as a budget analyst?
User-Submitted Answers
1.
. How did you handle it when projects were over budget? What did you do to keep it within budget?
2.
I enjoy numbers and puzzles.
3.
Because i've been through budget problems and I understand people with such problem's as this.
4.
I have been in the field for sometime now and I become accustomed to the role.
5.
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.
6.
To take my HR experience that manage people and add to how budget process works. They both aligned correlate with one another.
7.
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.
8.
I enjoy analyzing information and making informed decisions. When I worked for UA, I saw this whole other side to finance and accounting. Being a budget analyst means not only preparing financial statements but also taking that information, interpreting it, and then giving it legs. Financial statements now have meaning. We can now make decisions with all of these numbers.
9.
I have got the passion for budhet analysis.
10.
As an accountant I feel I need more challenging work such as analysing budgets which involves a little more work.
11.
Like to plan for future activity.
12.
Serving as the budget officer for my organization has been a part of my career for a very long time. I would like to focus on budget analysis at this time. I have come to appreciate a budget as a management tool and would like to be more focused on helping upper management develop budgets that help them reach their goals.
13.
I have a degree in Business with an emphasis in accounting. I have always been interest in working with numbers in either accounting or budgets. I feel this is a great opportunity for me to get more in depth experience in budgeting.
14.
I enjoy it! I enjoy puzzles - and sometimes that's all it is.
15.
I want a career as an SSA - Budget Analyst because I love to be challenged and be productive.
Question 18 of 25
What would your previous supervisor say about your performance?
User-Submitted Answers
1.
Better organization attention to details.
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.
Not taking on too much although produces quality work.
4.
She'd say that I should work on analytical skills. Since that time, I've completed an MBA in Finance which greatly improved my understanding and exposed me to more tools for financial analysis.
5.
Wanting to do my job with perfection and in the course of doing that it takes me a bit longer to give feedback.
6.
I dont forsee her giving an answer to that qestion.
7.
He might say that I get board easily. When I am done with my work and everything is done I tend to visit with my co workers.
8.
Pace myself when helping others so as to not take on too much.
9.
I should try to talk clearly and slowly.
10.
Do your job and let it rob off on others who may be slackers.
11.
My previous supervisor has often given me a A+ rating on my performance evaluations. She would say that I am a hard worker and am always willing to help, assist and lend a helping hand whenever needed. That I am always willing to take on any tasks assigned and unassigned. That 95% I meet my deadlines with excellence.
Question 19 of 25
What are the steps you follow to study a problem before making a decision?
User-Submitted Answers
1.
Look at the pros and cons.
2.
I think, listen, and remember so when its time to make my decision.
3.
Research and ask questions.
4.
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.
5.
Whatever the company's policy I will follow and make some suggestions.
6.
I have to make sure there is a problem and then the cause. How can we stop the cause.
7.
My research process is to first gather relevant information and then perform various analyses. Cost-Benefit or Ratio analyses are tools I used to better understand the variance between expenditures and revenues and/or assets. Based on this information, I write reports offerings my recommendations.
8.
1. Analysis of the present situation.2 Cause of the proble. Options of best answers. Selection of best answer.
9.
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.
10.
I look at the pros and the cons for the problem and see what is the best course of action with the least amount of cost.
11.
I break it down and analyze it, the how and why of the problem what made this issue occur, then try to analyze a way to improve the process to prevent recurring problems.
12.
Define problem consider then evaluate altertnatives with cost/benefits of altenatives propose recommended action to supv.
13.
I analyze the problem by asking myself: what is the issue, how did it develop, what are the contributing factors, what is the risk and who are the stakeholders. Armed with answers to those questions, I will develop mitigation plans. I will then analyze those in terms of strengths, weaknesses, opportunities and threats. I would probably discuss these plans with others to get their opinions and insights. I would then select the plan that has the best potential outcome.
14.
The first step is to get all of the research one the situation. Having the correct data/facts will make a big difference in the outcome. Find my course of action and make it happen.
15.
1. I look for a similar problem that occurred in the past so that I can analyze the approach that was used to solve that problem. 2. If I happen to find a similar problem I will modify that problem with my current problem and follow the same steps in order to make a decision. 3. If I am unable to find a similar problem to what I am facing then I will set my goal for what I want the out come of my decision to be. Based on my goal I will make a map of how I will be able to reach my goal.
Question 20 of 25
How do you decide what gets top priority when scheduling your time?
User-Submitted Answers
1.
I will not be late I would be on time and always respect your time and others people time.
2.
Maintain good communication between management, co-workers, customers.
3.
Daily planning and good communication between staff and management.
4.
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.
5.
I look at time sensitive items first by priority that way.
6.
See which one is the most priority and organize my plan for the day.
7.
My priority is based on the deadline.
8.
Understanding the project management role of a budget analyst is important here. I prioritize my time by first understanding the projects' scope, which means knowing the importance of each project and the deadlines. I budget my day each morning and I outline/schedule my day accordingly. Typically, the most urgent tasks I tackle first thing in the morning.
9.
Dead lines and gravity of task at hand.
10.
The most important and urgent tasks would be on my top priority.
11.
I look at everything on my desk and see what I can accomplish now and what is waiting on someone else.
12.
Driven by the priorities set forth by the state budget person, mandates related to priorities put forth by the NOC and deadlines put forth by law.
13.
Present my idea of priorities to boss for agreement/change.
14.
I analyze my to-do list, prioritizing by due date and by importance. If there is low hanging fruit, I will knock out some of those tasks.
15.
Top priority is given to the suspense put on the project. I am really good at accomplishing any task given in a timely manner.
Question 21 of 25
What do you enjoy most about working on budgets? What do you find the most challenging aspect?
User-Submitted Answers
1.
Budget can be complicated however I am very adapted to the many changes that comes with working with budgets.
2.
Well, I would think sometimes the long hours would be a dislike I have.
3.
At UA, I disliked running out of work to do. This is when I took on some responsibility in position management and began learning about how positions are budgeted for and how closed position budgets are returned to the general fund.
4.
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.
5.
Not follow the procedure.
6.
Being held accountable for unfunded mandates.
7.
In my experience, it's frustrating to see a need for something and there is just not enough money for it.
8.
Probably the source documents that are required to complete the reports etc, at times they can be incomplete or missing information so it has to be tracked down which is not productive.
9.
If you fail and the budget does not fit or beneficial to the organization.
10.
They are never what was originally budgeted for.
11.
The process could be long because many people have to be engaged but that is a necessary part if it to be successful.
12.
Due to lacking of detail about expenses.
13.
I enjoy looking at the trends of spending and forecasting how much we will spend by the end of the year. I enjoy estimating how it will effect our monthly income and making the necessary changes. I find new tasks that have never been done more challenging but I am always ready to research and obtain the knowledge to embrace and conquer any challenges that I come across.
Question 22 of 25
In your previous role, what was your biggest challenge?
User-Submitted Answers
1.
I had to help a lady when she was in so much debt so I gave her advice.
2.
Meeting deadlines have always been my most challenge, but given all the information is available can mitigate some of to make things smoother.
3.
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.
4.
The greatest challenge was trying to educate people who aren't financially-minded, who didn't want to adhere to some of our policies. The challenge wasn't communicating with them; the challenge was reasoning with them. I would like to see budget people offer basic 101 sessions for people who want to better understand the process so that they can be more willing to work with us and better understand why certain information is needed.
5.
Unfunded mandates. Also, the expectation of doing more with far less funding. This actually had a silver lining in that it allowed me to be far more creative in developing SLA's, etc.
6.
The most challenging but in my opinion the best part of my current job was coming into this office and having to catch up on so many things. I was able to close 7 projects, totaling $17 million dollars within my first year in this position. It felt so great to be able to do that for the department.
7.
The fact that it was 100% new to me. I came from Medical and went it to Custody. It was a challenge to create the position and create assignments etc.
8.
All claims that were not paid and resubmits them to get more money for the company.
9.
Criticism in the organization and poor culture.
10.
The people skill to get the support of all the stakeholders.
11.
Booking of actual expenditures at right date.
12.
In my previous role my biggest challenge was handling multiple high level attorneys whose work all entwined with one another. While one partner wanted his invoices to be done first I may have received another attorneys work before.
Question 23 of 25
How well do you communicate with your superiors?
User-Submitted Answers
1.
I communicate with my superior's very well I think communication is the best thing.
2.
Communications is essential in this line of and superio4are key players and like to maintain that to ensure instructions and assessments are carried out timely and accurately.
3.
I am a great communicator, therefore, I communicate well with my superiors.
4.
I communicate well with superiors. I'm always interested in keeping them in the loop and even gleaning ideas from them. Running ideas by them and getting their opinion about certain topics is very important to me.
5.
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.
6.
Very well. I have been fortunate to have had relationships with my superiors that were very open. I have always been able to speak my mind and offer my opinions even if they differed from theirs. I have always striven for working relationships founded on mutual respect and consideration.
7.
I believe that I communicate very well with my superiors. I typically meet with my boss when I get to work and go over priorities and any other tasks that need to be done for the day. At the end of the day I meet with my boss, or email about the progress that was made that day or where we are at with certain work items.
8.
Great! I have an awesome group of people that I work with!
9.
I communicate very well with my superiors, I have a lot of respect for them and it shows in how I communicate. I address them by title and approach them with respect. I share needed information on a regular basis with my superiors.
10.
Use respect, courtesy and with a positive attitude.
11.
Communicate well with my them effective communication.
12.
I communicate very well with my superiors. I am one of a few employees that my superiors come to for assistance for many tasks big and small. In addition my superiors trust my judgement and often ask me what I think should be done about different things.
Question 24 of 25
Have you ever missed a deadline on a report? What happened?
User-Submitted Answers
1.
Not many...I informed my boss that I may not make it and asked for help.
2.
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.
3.
Yes, this is where good communication come in. Informed all affected parties of the issue and come up with modified plan of action to implement and thereby work out an corrected auction to ensure it what happen again.
4.
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.
5.
No. I have not missed a deadline on a report. If I ever do miss one, I'll do what ever is necessary to rectify the situation. I'll own up to the mistake and will tackle it immediately.
6.
Yes, the other department was slow to provide info.
7.
Of course. Once I knew I was not going to meet the target deadline, I readjusted all of my priorities, recalculated the anticipated completion date and immediately communicated to the stakeholder what had happened and when I would complete the project.
8.
I have not missed a deadline on a report.
9.
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.
10.
I have missed a deadline on an assignment (a training assignment). I missed the deadline due to two custody staff not being available to complete the training. I called prior to the date and let the sender know the situation and was given an extension.
11.
Never. I am organize and good in planning.
12.
Have not missed a deadline because I stay on top of things pretty much.
13.
I have missed a deadline maybe one time. I work vigorously to meet the deadline but we as a team underestimated the time needed to get the information done. I notified my manager of the dilemma. I then continuously keep her updated on my progress.
Question 25 of 25
What are your long term career goals as a budget analyst?
User-Submitted 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.

About Budget Analyst

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.

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