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Budget Manager Jobs in Silver Spring, MD (NOW HIRING)

Budget Financial Manager / Senior Manager - Navy ERP/ASN (FM&C) Support Location : Pentagon (Hybrid) Level : Senior Manager Clearance : Secret *Candidates must have the above clearance level and, at ...

Budget Financial Manager / Senior Manager - Navy ERP/ASN (FM&C) Support Location : Pentagon (Hybrid) Level : Senior Manager Clearance : Secret *Candidates must have the above clearance level and, at ...

Office of Budget and Management Justification (OMBJ) and Congressional Justification (CJ) volumes, attachments, and artifacts; and Appropriation Committees' Technical Assistance requests.

Budget Specialist

Washington, DC · On-site +1

$75K - $80K/yr

Job Purpose Reporting directly to the Financial Planning & Systems Senior Manager, the Budget Specialist is responsible for preparing accurate budgets to meet the needs of the organization. The ...

The Budget Analyst serves as a senior financial management advisor supporting PMOD acquisition programs and portfolios by providing budget planning, resource allocation, financial analysis, funding ...

Senior Budget & Management Analyst

Arlington, VA · On-site

$88K - $115K/yr

We are seeking a Senior Budget & Management Analyst to provide critical financial and programmatic support to government program managers overseeing the execution of space acquisition contracts under ...

Senior Budget Analyst

Fort George G Meade, MD · On-site

$85K - $112K/yr

The Senior Budget Analyst will manage the internal budget. In addition, you will assist with maintaining, tracking, and reporting financial information and conducting cost estimating efforts. The ...

Senior Budget Analyst

Fort George G Meade, MD · On-site

$85K - $112K/yr

The Senior Budget Analyst will manage the internal budget. In addition, you will assist with maintaining, tracking, and reporting financial information and conducting cost estimating efforts. The ...

We are seeking a Senior Budget & Management Analyst to provide critical financial and programmatic support to government program managers overseeing the execution of space acquisition contracts under ...

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Budget Manager information

See Silver Spring, MD salary details

$51.2K

$100.8K

$145.8K

How much do budget manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for budget manager in Silver Spring, MD is $100,790.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,700.00 and $116,800.00 per year, depending on experience, location, and employer.

What does a Budget Manager do?

A Budget Manager is responsible for planning, organizing, and overseeing the financial activities of an organization, ensuring that budgets are developed, implemented, and maintained effectively. They analyze financial data, forecast future financial needs, and monitor expenditures to keep them within approved limits. Budget Managers also prepare reports for management, recommend cost-saving measures, and ensure compliance with relevant regulations and policies.

Is FP&A a stressful job?

Financial Planning and Analysis (FP&A) roles, including those of budget managers, can be stressful due to tight deadlines, the need for accuracy, and high-level decision-making responsibilities. The job often requires strong analytical skills, attention to detail, and the ability to work under pressure, especially during financial reporting periods or budget cycles.

What is the role of a budget manager?

A budget manager is responsible for developing, monitoring, and controlling an organization's financial plans and expenditures. They analyze financial data, prepare budgets, and ensure departments stay within their financial limits, often using tools like spreadsheets or budgeting software. Strong analytical skills and financial knowledge are essential for this role.

What are some common challenges a Budget Manager faces when collaborating with different departments?

Budget Managers often encounter challenges such as aligning departmental spending priorities with organizational goals and managing conflicting budget requests. Effective communication and negotiation skills are essential, as departments may have differing financial needs or levels of budgetary understanding. Building strong relationships and providing clear guidance helps ensure the budgeting process is efficient, transparent, and supports overall business objectives.

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

To thrive as a Budget Manager, you need strong analytical skills, financial acumen, and a degree in finance, accounting, or a related field. Familiarity with budgeting software, ERP systems like SAP or Oracle, and relevant certifications such as CPA or CGFM is often required. Excellent communication, attention to detail, and problem-solving abilities help you collaborate effectively and manage competing priorities. These skills ensure accurate budget planning, sound financial management, and informed decision-making within organizations.

What Does a Budget Manager Do?

The responsibilities of a budget manager revolve around the management and analysis of a company’s finances. You ensure that company budget and reporting activities meet all regulatory obligations. You also monitor the company’s accounts to ensure that spending is within the planned budget. Your duties may include helping develop the fiscal policy for your employer and making suggestions for improving financial performance. As a budget manager, you usually supervise the activities of other budget staff, such as analysts or accountants.

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

High-paying roles such as senior executives, investment bankers, specialized surgeons, and successful entrepreneurs can earn $500,000 or more annually. These positions often require advanced education, extensive experience, and strong industry networks. Compensation varies based on industry, location, and individual performance.

What is the difference between Budget Manager vs Financial Analyst?

AspectBudget ManagerFinancial Analyst
Required CredentialsBachelor's in Finance, Accounting, or related field; often certifications like CPA or CMABachelor's in Finance, Economics, or related; certifications like CFA are common
Work EnvironmentCorporate finance departments, government agencies, large organizationsInvestment firms, corporate finance, consulting firms
Employer & Industry UsageUsed in budgeting, financial planning, and cost control within organizationsUsed for investment analysis, financial modeling, and market research

While both roles require finance-related credentials and work within similar environments, Budget Managers focus on planning and controlling organizational budgets, whereas Financial Analysts analyze financial data to support investment and business decisions.

What job makes $1,000,000 a year?

In the field of budget management, earning $1,000,000 annually is uncommon and typically associated with executive-level roles such as Chief Financial Officer (CFO) or senior financial executives in large corporations. These positions often require extensive experience, advanced financial skills, and leadership responsibilities, with compensation including salary, bonuses, and stock options. Most budget managers earn significantly less, with high earners usually occupying executive or specialized financial roles.
What are the most commonly searched types of Budget jobs in Silver Spring, MD? The most popular types of Budget jobs in Silver Spring, MD are:
What are popular job titles related to Budget Manager jobs in Silver Spring, MD? For Budget Manager jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Budget Manager jobs in Silver Spring, MD look for? The top searched job categories for Budget Manager jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Budget Manager jobs? Cities near Silver Spring, MD with the most Budget Manager job openings:
Infographic showing various Budget Manager job openings in Silver Spring, MD as of July 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 88% Physical, 6% Hybrid, and 6% Remote job distribution, with an average salary of $100,790 per year, or $48.5 per hour.
Budget Manager

Full-time

Posted 7 days ago


Job description

Job Announcement
Budget Manager
Primary Function:
The Budget Manager is responsible for and oversees all aspects of budget formulation, execution, analysis, and reporting, ensuring fiscal responsibility and efficiency within the organization.
Essential Duties and Responsibilities:
Reporting to the Deputy CFO, the following duties and responsibilities noted are the essential functions of the job.
  • Lead the entire budgetary process, including formulation of templates, execution, program budgeting, upload to ERP, and analysis, to enhance fiscal responsibility and accountability.
  • Collaborate closely with internal departmental stakeholders to develop comprehensive monthly, quarterly, and annual spending plans aligned with organizational goals.
  • Provide expert guidance on budget formulation and execution to non-financial teams, fostering cross-departmental collaboration and understanding of budgetary processes.
  • Prepare detailed budget requests, including resource requirements and narrative justifications, for submission to Senior management.
  • Monitor expenditures and obligations against budget plans, identifying trends, variances, and potential risks, and develop proactive recommendations to address challenges.
  • Maintain and distribute weekly cashflow reports
  • Conduct regular reviews of staffing numbers and their impact on budgetary allocations, making strategic adjustments as necessary to optimize resource utilization.
  • Conduct in-depth analysis and prepare comprehensive analytical reports for Senior management's consideration in resource allocation and decision-making processes.
  • Prepares monthly reports for funder, USAGM, including Statement of Disbursements (SODs), the SF-425, Quarterly Vacancy Report, and annual Financial Plan (Potluck).
  • Train and educate Departmental Heads and/or budget owners.
  • Prepare and distribute monthly and quarterly year-to-date financial reports (including Statement of Financial Position, Statement of Activities, and Statement of Cash Flow) as well as Budget vs Actual reports and analysis.
  • Create dashboard and maintenance for Senior Leadership and Board.
  • Develop and implement standardized budgeting procedures, tools, and templates to streamline processes and improve efficiency.
  • Foster a culture of continuous improvement within the budgeting function, encouraging innovation and best practices.

Other Duties:
The incumbent may be asked to perform additional duties and take on other responsibilities as dictated by events and circumstances.
Qualifications and Requirements:
  • BA/BS in accounting, finance, business, or related field.
  • 5-8 years of budgeting (or related) experience required.
  • Knowledge of the federal budget process; demonstrated experience with federal budgeting preferred.
  • Ability to manage priorities flexibly, and excellent time management skills.
  • Knowledge of cost principles, accounting principles and the ability to analyze comprehensive cost and pricing data.
  • Excellent written, verbal, and interpersonal skills to build and maintain professional relationships at all levels, both inside and outside the organization.
  • Strong problem solving and analytical skills.
  • Sound computer skills, including advanced Excel skills and Deltek Costpoint accounting software.
  • Able to maintain confidentiality in all business matters.

MBN is an equal opportunity employer committed to workforce diversity.