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Budget Analyst Jobs in Indiana (NOW HIRING)

Financial Analyst Research

Evansville, IN · On-site

$22.32 - $31.25/hr

Work closely with research leadership and other stakeholders to track progress against budget and ... Strong analytical and problem-solving skills. * Excellent written and verbal communication skills ...

Consolidates budget submissions from various departments and perform budget analysis * Reviews overhead performance and develops benchmarks to monitor performance * Prepares reports and analysis to ...

Consolidates budget submissions from various departments and perform budget analysis * Reviews overhead performance and develops benchmarks to monitor performance * Prepares reports and analysis to ...

Peerless is seeking a Financial Analyst to provide financial planning, budget execution, reporting, and analysis support for government and corporate programs. The successful candidate will assist ...

Research Contracts Admin

Evansville, IN · On-site

$19.14 - $26.79/hr

Initiate budget analysis and/or budget-related contract adjustments; review budget negotiations with Administrative Director, Research. Review final budget and budget-related contractual agreements ...

Analyze requirements, program status, budget, funding execution, and schedules to support informed decision-making. * Perform management, technical, and business-case analyses in support of ...

Analyze requirements, program status, budget, funding execution, and schedules to support informed decision-making. * Perform management, technical, and business-case analyses in support of ...

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Showing results 1-20

Budget Analyst information

See Indiana salary details

$34.3K

$77.7K

$110.9K

How much do budget analyst jobs pay per year?

As of Jun 17, 2026, the average yearly pay for budget analyst in Indiana is $77,740.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,600.00 and $93,700.00 per year, depending on experience, location, and employer.

What Does a Budget Analyst Do?

Budget analysts review budgets and suggest improvements that could lead to greater efficiency and higher profits for a company or organization. As a budget analyst, your responsibilities may include evaluating an annual budget and finding areas to cut operational costs and reduce expenditures. You may help the accounting department create a budget model and systems to check for inaccuracies. In some positions, a budget analyst may ensure that an organization meets financial reporting and records regulations. Budget analysts may work for companies as well as government agencies and nonprofits.

What are the key skills and qualifications needed to thrive as a Budget Analyst, and why are they important?

To thrive as a Budget Analyst, you need strong analytical skills, attention to detail, and a background in finance, accounting, or a related field, often supported by a bachelor's degree. Proficiency with financial modeling software, spreadsheets like Microsoft Excel, and familiarity with enterprise resource planning (ERP) systems such as SAP or Oracle is typically required. Excellent communication, problem-solving, and organizational skills help you present findings clearly and collaborate with various stakeholders. These skills are crucial for accurately managing budgets, informing decision-making, and ensuring the financial health of an organization.

How does a Budget Analyst typically collaborate with other departments within an organization?

Budget Analysts frequently work with various department heads and managers to gather financial data, clarify budget requests, and ensure alignment with organizational goals. This collaboration often involves conducting meetings to review budget proposals, discussing justifications for expenditures, and providing guidance on cost-saving measures. Effective communication and relationship-building are essential, as Budget Analysts act as a bridge between finance and operational teams, helping to balance resource needs with fiscal responsibility.

What degree is needed to be a budget analyst?

A budget analyst typically needs a bachelor's degree in finance, accounting, economics, or a related field. Some employers prefer candidates with a master's degree or professional certifications such as the Certified Government Financial Manager (CGFM) or Certified Public Accountant (CPA).

What jobs pay 200,000 a year in the USA?

Budget analysts typically do not earn $200,000 annually; higher salaries are common in executive, financial management, or specialized consulting roles. Senior-level positions in finance, law, medicine, or technology often reach or exceed this salary level, especially with experience, advanced certifications, or leadership responsibilities.

What does a Budget Analyst do?

A Budget Analyst is responsible for helping organizations plan their finances by preparing budget reports, monitoring spending, and evaluating financial proposals. They analyze data to ensure funds are allocated efficiently and make recommendations for financial improvements. Budget Analysts often work with department managers to review budget requests and ensure compliance with organizational and government regulations. Their work is crucial for making informed financial decisions and maintaining fiscal responsibility within an organization.

What is the difference between Budget Analyst vs Financial Analyst?

AspectBudget AnalystFinancial Analyst
Required CredentialsBachelor's degree in finance, accounting, or related field; certifications like CAP or CMA are commonBachelor's degree in finance, economics, or related; certifications like CFA are common
Work EnvironmentGovernment agencies, corporations, non-profits; focus on budgeting and financial planningInvestment firms, banks, corporate finance; focus on investment analysis and financial performance
Employer & Industry UsageUsed across public and private sectors for budget managementPrimarily in finance, investment, and banking sectors

While both roles require finance-related degrees and analytical skills, Budget Analysts focus on preparing and managing budgets within organizations, whereas Financial Analysts evaluate financial data to guide investment decisions. The roles often overlap in skills but differ in their primary focus and industry application.

What exactly does a budget analyst do?

A budget analyst evaluates an organization’s financial plans by analyzing budget proposals, monitoring spending, and ensuring funds are allocated effectively. They use financial data and tools like spreadsheets to prepare reports, support decision-making, and maintain compliance with regulations. Strong analytical skills and attention to detail are essential for this role.

What jobs pay $500,000 a year in the US?

Budget analysts typically do not earn $500,000 annually; such high salaries are usually associated with executive roles, specialized surgeons, or successful entrepreneurs. In some cases, senior executives like CFOs or CEOs in large corporations can reach or exceed this level, often combined with bonuses and stock options. These positions require extensive experience, advanced skills, and often a track record of leadership and strategic decision-making.
What are the most commonly searched types of Budget Analyst jobs in Indiana? The most popular types of Budget Analyst jobs in Indiana are:
What job categories do people searching Budget Analyst jobs in Indiana look for? The top searched job categories for Budget Analyst jobs in Indiana are:
What cities in Indiana are hiring for Budget Analyst jobs? Cities in Indiana with the most Budget Analyst job openings:
What are popular job titles related to Budget Analyst jobs in IN? For Budget Analyst jobs in IN, the most frequently searched job titles are:
Project Manager & Budget Controls

Project Manager & Budget Controls

The AES Corporation

Indianapolis, IN • On-site

Full-time

Posted 5 days ago


AES Corporation rating

7.4

Company rating: 7.4 out of 10

Based on 36 frontline employees who took The Breakroom Quiz

35th of 50 rated energy and utility


Job description

Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that's leading the charge in the global energy revolution. With operations spanning 14 countries, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work, you can be confident that you're joining a company that values its people just as much as its groundbreaking ideas.
AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement's goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization.
If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We're not just building a cleaner, more sustainable future - we're powering it. Apply now and energize your career with a true leader in the global energy transformation.
Position Summary
The Project Delivery & Budget Governance partners closely with Central Operations functional leaders (System Operations, Substations & Network, Fleet & Facilities, Operations Technology, Metering & CSI2, Security, and Supply Chain) to ensure OpEx and CapEx budgets are planned, controlled, forecasted, and executed in alignment with operational priorities.
This role project manages and/or governs selected initiatives, ensuring scope, schedule, and cost decisions are financially sound and operationally executable. The position also acts as the bridge between execution and finance, translating operational progress and risks into clear financial insights for leadership decision making.
In addition, isresponsible for tracking financial governance, consolidate forecasting, providing visibility across Central Operations and FP&A of OpEx and CapEx.
Key Outcomes (What success looks like)
  • On-time, on-budget delivery of assigned projects and initiatives.
  • Strong CapEx and OpEx budget discipline across Central Operations with clear visibility to plan, forecast, and actuals.
  • Accurate and timely forecasts that reflect real execution progress and risks
  • Improved financial decision-making by functional leaders through proactive insights and scenario analysis
  • Consistent budget governance and audit-ready documentation across the project lifecycle

Core Responsibilities
1) Project & Initiative Management (PM-like Responsibilities)
Project manage selected initiatives from initiation through closeout, including scope definition, milestone tracking, risk management, and status reporting.
• Apply structured delivery practices (charters, workplans, RACI charts, cadence reviews) to ensure predictable execution.
• Govern financial performance of projects by enforcing budget baselines, change control, and forecast updates.
• Coordinate across functions to plan and resolve execution impacting delivery.
2) Budget Controls - CapEx & OpEx
  • Analyze budgets for Central Operations, including CapEx and OpEx planning, forecasting, variance analysis, and trend management.
  • Lead monthly and quarterly forecast updates, identifying risks, opportunities, and required corrective actions.
  • Ensure alignment between operational execution plans and financial forecasts, incorporating schedule, productivity, and scope changes.
  • Coordinate accruals, close activities, and reporting in partnership with Finance/FP&A.
  • Develop and maintain dashboards and reporting that provide clear visibility to spend, commitments, forecast-to-complete, and remaining budget.

3) Partnership with Central Operations Functional Leaders
  • Work embedded with Central Operations leaders as a trusted financial and execution partner.
  • Support leaders with budget planning, prioritization, and trade-off decisions, including OpEx vs. CapEx considerations.
  • Translate operational risks (resource constraints, schedule changes, productivity impacts) into financial implications.
  • Facilitate regular budget and performance reviews with functional leaders to ensure accountability and alignment.

4) Budget Governance & Performance Management
  • Establish and maintain budget governance standards for Central Operations initiatives and projects
  • Ensure consistent application of approval thresholds, change management, and financial documentation
  • Support development of multi-year capital plans and annual budget submissions for Central Operations
  • Track and report performance KPIs related to cost, schedule, and financial outcomes

5) Continuous Improvement
  • Identify opportunities to improve budget visibility, forecasting accuracy, and financial processes
  • Standardize reporting, tools, and cadence across Central Operations to reduce friction and improve transparency
  • Partner with Finance and Operations to improve capitalization practices, cost allocation, and decision support

Required Qualifications
  • 5-10 years of experience in a combination of:
    • Project management, program management, or operational execution support
    • Budget management, FP&A, or financial analysis and
  • Demonstrated experience managing CapEx and OpEx budgets in an operational or engineering-driven environment
  • Proven ability to partner with senior functional leaders and influence decisions without direct authority
  • Bachelor's degree in Engineering, Finance, Accounting, Business, or a related field

Preferred Qualifications
  • Experience in Power Utility, Transmission and Distribution.
  • PMP, CAPM, or equivalent structured project delivery experience
  • Strong understanding of how execution drivers (schedule, scope, productivity) impact financial outcomes.

Key Skills
  • Understanding and use of SAP (ERP).
  • Budget controls, forecasting, variance analysis, and financial storytelling.
  • Strong communications, business partnership and stakeholder management skills.
  • Strong Project management fundamentals (planning, risk, execution tracking).
  • Ability to translate complex operational information into clear, actionable financial insights.
  • Understanding and ability to create Process flowcharts.
  • Skillful at building Presentations.
  • Proficient at Microsoft Office Suite of applications.

AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.

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