As of March 01, 2025, the average annual salary for a Budget Manager in Palatine, IL is $142,728. Salary.com reports that pay typically ranges from $126,608 to $159,898, with most professionals earning between $111,931 and $175,531.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $155,846 | $12,987 | $2,997 | $75 |
| Average | $139,111 | $11,593 | $2,675 | $67 |
| 25th Percentile | $123,399 | $10,283 | $2,373 | $59 |
An entry-level Budget Manager with under 1 year experience makes about $134,078. With less than 2 years of experience, a mid-level Budget Manager makes around $134,802. After 2-4 years, the Budget Manager pay rises to about $136,492. Those senior Budget Manager with 5-8 years of experience earn roughly $141,416, and those Budget Manager having 8 years or more experience are expected to earn about $146,632 on average.
| Levels | Salary |
|---|---|
| Entry Level Budget Manager | $134,078 |
| Intermediate Level Budget Manager | $134,802 |
| Senior Level Budget Manager | $136,492 |
| Specialist Level Budget Manager | $141,416 |
| Expert Level Budget Manager | $146,632 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 5% |
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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
|
$164,137 |
15%
|
|
Pricing
|
$161,283 |
13%
|
|
Financial Modeling
|
$158,428 |
11%
|
|
Project Management
|
$157,001 |
10%
|
|
Forecasting
|
$157,001 |
10%
|
|
KPI
|
$157,001 |
10%
|
