How much does a Budget Manager make in the United States? The average Budget Manager salary in the United States is $133,916 as of January 26, 2024, but the range typically falls between $118,201 and $150,852. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Budget Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Budget Manager Salary $103,892 US January 26, 2024
25th Percentile Budget Manager Salary $118,201 US January 26, 2024
50th Percentile Budget Manager Salary $133,916 US January 26, 2024
75th Percentile Budget Manager Salary $150,852 US January 26, 2024
90th Percentile Budget Manager Salary $166,271 US January 26, 2024
25% $118,201 10% $103,892 90% $166,271 75% $150,852 $133,916 50%(Median) Didn’t find job title? Click
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Check out Budget Manager jobs in Ashburn, Virginia

Budget Financial Manager (BFM)-PMS 401

Morgan Business Consulting, LLC - Arlington, VA

Federal Budget Analyst II

Alluvionic - Arlington, VA

NAVY Budget & Financial Analyst

Design To Delivery Inc - Arlington, VA

Budget Execution Analyst

MDW Associates - Arlington, VA

What skills does a Budget Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

3.

Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.

Analysis 9.28%
Billing 1.26%
Accounts Receivable 0.92%
Others 88.54%

Job Description for Budget Manager

Budget Manager manages and coordinates budgeting activities and the implementation of the organization's budget policies and guidelines. Monitors actual performance against estimates and prepares annual and interim budgets. Being a Budget Manager coordinates budget appropriations and responds to exception requests for funds. Monitors and analyzes performance against budgets. Additionally, Budget Manager implements and supports tools and reporting used for planning, forecasting, monitoring, and decision support. Requires a bachelor's degree in accounting. Typically reports to a director. The Budget Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Budget Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Budget Manager

Career Path for Budget Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Budget Manager, the upper level is Budget Senior Manager and then progresses to Budget Director.

Those that have already made the climb...
Geert R. Kersten, Chief Executive and Financial Officer and Treasurer, Director
CEL-SCI Corporation, a clinical-stage biotechnology company, engages in the research and development of immune system therapy for the treatment of cancer and other diseases in the United States. The company's lead immunotherapy is Multikine, which has completed Phase 3 clinical trials for the potential treatment of cer... More
Fiscal Year Ended in 2022
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Budget Manager salary varies from city to city. Compared with national average salary of Budget Manager, the highest Budget Manager salary is in San Francisco, CA, where the Budget Manager salary is 25.0% above. The lowest Budget Manager salary is in Miami, FL, where the Budget Manager salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
118201
150852
133916

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
124195
168762
144847
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Budget Manager in the United States. The base salary for Budget Manager ranges from $118,201 to $150,852 with the average base salary of $133,916. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $124,195 to $168,762 with the average total cash compensation of $144,847.
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118201
150852

 

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Skills associated with Budget Manager: Financial Planning & Analysis (FP&A), Forecasting, Financial Analysis Software, Budgeting and Forecasting Software ...More

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Budget Manager Salary in United States
Budget Manager Salary Graph, Regional Distribution and Summary