The average salary for a Budget Manager is $76,427.
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What Do Budget Managers Do?
The role of a budget manager is essential in organizations of all sizes. They are the people who control incomes and spending patterns throughout each financial year, deal the government's tax and rebate systems, and provide payroll support for all employees of the organization. The position requires a good head for numbers and the ability to use multiple types of financial software and, in some cases (especially in larger organizations), the role may include leading a team of financial analyzer…Read more
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What Are Popular Skills for Budget Managers?
Skills in Budgeting and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel, Financial Reporting and Budget Management.
What is the Pay by Experience Level for Budget Managers?
An entry-level Budget Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $58,958 based on 7 salaries. An early career Budget Manager with 1-4 years of experience earns an average total compensation of $64,908 based on 58 salaries. A mid-career Budget Manager with 5-9 years of experience earns an average total compensation of $78,490 based on 87 salaries. An experienced Budget Manager with 10-19 years of experience earns an average total compensation of $84,089 based on 113 salaries. In their late career (20 years and higher), employees earn an average total compensation of $89,500.
Pay Difference by Location
Employees with Budget Manager in their job title in Washington, District of Columbia earn an average of 25.0% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (19.5% more) and Philadelphia, Pennsylvania (13.4% more). The lowest salaries can be found in Miami, Florida (8.0% less) and Los Angeles, California (1.9% less).
Years of Experience
This data is based on 328 survey responses.