As of April 01, 2025, the average annual salary for a Budget Manager in Newark, NJ is $145,567. Salary.com reports that pay typically ranges from $129,213 to $159,724, with most professionals earning between $114,323 and $172,613.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $159,724 | $13,310 | $3,072 | $77 |
| Average | $145,567 | $12,131 | $2,799 | $70 |
| 25th Percentile | $129,213 | $10,768 | $2,485 | $62 |
An entry-level Budget Manager with under 1 year experience makes about $139,464. With less than 2 years of experience, a mid-level Budget Manager makes around $140,197. After 2-4 years, the Budget Manager pay rises to about $141,905. Those senior Budget Manager with 5-8 years of experience earn roughly $146,623, and those Budget Manager having 8 years or more experience are expected to earn about $150,849 on average.
| Levels | Salary |
|---|---|
| Entry Level Budget Manager | $139,464 |
| Intermediate Level Budget Manager | $140,197 |
| Senior Level Budget Manager | $141,905 |
| Specialist Level Budget Manager | $146,623 |
| Expert Level Budget Manager | $150,849 |
| Entry Level | 8% |
| Mid Level | 9% |
| Senior Level | 10% |
| Top Level | 14% |
| Experienced | 17% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Partnering
|
$167,402 |
15%
|
|
Pricing
|
$164,490 |
13%
|
|
Financial Modeling
|
$161,579 |
11%
|
|
Project Management
|
$160,123 |
10%
|
|
Forecasting
|
$160,123 |
10%
|
|
KPI
|
$160,123 |
10%
|
