From financial risk manager to budget manager
13 of the 28 essential skills of a budget manager are already essential for a financial risk manager — about 46% of the job, before you learn anything new.
These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.
- 13
- skills carry over
- 15
- would be new
- 46%
- of the target job covered
- 28
- essential skills of a budget manager
What a budget manager does
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.
What carries over
13 skillsEssential in both jobs. This is the part of the move you have already made.
- advise on financial matters
- analyse market financial trends
- create a financial plan
- enforce financial policies
- financial analysis
- financial forecasting
- financial management
- financial statements
- follow company standards
- integrate strategic foundation in daily performance
- interpret financial statements
- liaise with managers
- strive for company growth
What would be new
15 skillsEssential for a budget manager and not for a financial risk manager. Note that the taxonomy describes activities rather than tools, so some of these may be things you already do under a different name.
- accounting department processes
- budgetary principles
- company policies
- control financial resources
- corporate social responsibility
- cost management
- evaluate budgets
- exert expenditure control
- explain accounting records
- financial department processes
- follow the statutory obligations
- manage budgets
- manage staff
- monitor financial accounts
- support development of annual budget
Other moves from financial risk manager
2 roles- credit risk analyst16 skills in common
- financial manager14 skills in common
No account needed to start
How far are you from being a budget manager?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.