Budget Manager Salary

Budget Managers in the United States with more than 10 years of experience in their profession represent just below three-fifths of Budget Managers. Salaries average out to around $71K per year and spread from $43K to $110K per year. Residence and career duration each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. Most Budget Managers like their work and job satisfaction is high. Female Budget Managers are more common than men among those who completed the survey; more than half (69 percent) are women. The numbers in this rundown were provided by PayScale's salary survey participants.

$48,443 - $108,118
$48K
$72K
$110K
MEDIAN: $71,639
10%
50%
90%

Add this chart to your site: 640px    300px

$14.18 - $24.00
$19
MEDIAN: $19.30
50%

Add this chart to your site: 640px    300px

$0$109K
Salary $48,443 - $108,118
Bonus $0.00 - $14,830
Profit Sharing $3,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,683 - $109,048
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 185
Hourly Data $0$33
Hourly Rate $19.30
Overtime $33.21
Annual Data $0$109K
Bonus $0.00 - $14,830
Profit Sharing $3,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,683 - $109,048
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 9

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Budget Manager

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 analyzers.

Read More...

Budget Manager Tasks

  • Manages day-to-day operation of budget unit staff and gives technical direction.
  • Ensures internal processes are in compliance with state and federal standards and regulations.
  • Monitors the preparation of budgets for departments based on performance, revenue, and expenses.
  • Oversees expenditures to ensure compliance within operational and capital budget limits.
  • Informs management regarding budgeting systems, policies and procedures and projections.

Common Career Paths for Budget Manager


Add this chart to your site:   640px 640px    300px 300px


Advancing into a Chief Financial Officer role seems to be a popular career move for Budget Managers, and folks who currently work in the latter position report a notably larger median income of $123K per year.

Budget Manager Job Listings

Popular Skills for Budget Manager


Budget Managers report using a diverse set of skills on the job. Most notably, skills in Financial Analysis, Budgeting, Budget Management, and Project Management are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel, Accounting, and Financial Reporting. Most people skilled in Budget Management are similarly competent in Budgeting.

Pay by Experience Level for Budget Manager

Pay by Experience for a Budget Manager has a positive trend. An entry-level Budget Manager with less than 5 years of experience can expect to earn an average total compensation of $60,000 based on 58 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Budget Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $72,000 based on 76 salaries. An experienced Budget Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $75,000 based on 78 salaries. A Budget Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $79,000 based on 34 salaries.

Pay Difference by Location

National Average: $71,003

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 38 percent, Budget Managers in Houston receive some of the highest pay in the country. Budget Managers will also find cushy salaries in Washington (+34 percent), Chicago (+23 percent), Boston (+10 percent), and Atlanta (+9 percent). One of the biggest compensable factors for Budget Managers is geography, with workers in Northampton earning a whopping 27 percent below the national average. Sioux City and New York are a couple other places where companies are known to pay below the median — salaries are 13 percent lower and 1 percent lower, respectively.

Budget Manager Reviews

Q: What is it like working as a Budget Manager?

Budget Manager in Seattle:
"For the Sake of What?"
Pros: I know that the work I and we are doing always makes a difference?
Cons: Lack of accountability at times.

Related Job Salaries

Key Stats for Budget Manager

Gender

Female
69 %
Male
31 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.
Less than 1 year
2%
1-4 years
15%
5-9 years
25%
10-19 years
40%
20 years or more
18%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Budget Manager Salaries

▲12%

▲5%

▲1%

National Average
$71,000

▼16%

Skills That Affect Budget Manager Salaries


National Average
$71,000


▼1%

Project Management
▼4%


Accounting
▼6%

Microsoft Excel
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
2%
1-4 years
15%
5-9 years
25%
10-19 years
40%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 79%
vision benefits
Vision: 67%
no benefits
None: 7%
ADVERTISEMENT