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Chief Budget Officer Jobs (NOW HIRING)

Interim CFO

Denver, CO · Remote

$120 - $140/hr

Interim Chief Financial Officer Ascent CFO Solutions At Ascent CFO Solutions, we are a leading ... Lead budgeting processes and analyze budget-to-actual performance * Identify and monitor key ...

Chief Financial Officer

Cambridge, MA · On-site

$190 - $270/hr

As a strategic partner to the CEO and senior leadership team, the CFO will oversee a $210M+ operating budget, guide major financial and business initiatives, modernize systems and reporting, and help ...

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Chief Budget Officer information

See salary details

$25.5K

$166.5K

$276.5K

How much do chief budget officer jobs pay per year?

As of Aug 9, 2026, the average yearly pay for chief budget officer in the United States is $166,511.00, according to ZipRecruiter salary data. Most workers in this role earn between $132,000.00 and $195,000.00 per year, depending on experience, location, and employer.

What are the common challenges faced by chief budget officers when coordinating across multiple departments?

Chief Budget Officers often encounter challenges in aligning the financial goals and budgetary needs of various departments, each with its own priorities and timelines. Balancing limited resources while ensuring all units adhere to organizational strategies requires effective communication, negotiation, and data-driven decision-making. Additionally, managing unexpected changes—such as revenue shortfalls or new initiatives—demands flexibility and a proactive approach to risk management. Building strong relationships with department heads and fostering collaboration is essential to navigate these complexities successfully.

What are the key skills and qualifications needed to thrive as a chief budget officer, and why are they important?

To thrive as a Chief Budget Officer, you need advanced expertise in financial planning, budget management, and data analysis, typically supported by a degree in finance, accounting, or a related field. Proficiency with enterprise resource planning (ERP) systems, budgeting software like Oracle Hyperion, and relevant certifications such as CPA or CGFM is common. Strong leadership, strategic thinking, and communication skills help drive cross-departmental collaboration and decision-making. These skills ensure the effective allocation of resources, financial accountability, and the achievement of organizational objectives.

What is the difference between Chief Budget Officer vs Budget Analyst?

AspectChief Budget OfficerBudget Analyst
Required CredentialsBachelor's degree in finance, accounting, or related field; often advanced degrees or certificationsBachelor's degree in finance, accounting, or related field; certifications like CBAP or CPM are common
Work EnvironmentSenior management, strategic planning, executive meetingsDepartmental analysis, preparing budgets, financial reporting
Employer & Industry UsageCorporations, government agencies, large organizationsPublic and private sector organizations, government agencies

The Chief Budget Officer oversees the entire budgeting process at an organizational level, focusing on strategic financial planning. In contrast, a Budget Analyst typically handles detailed budget preparation and analysis within specific departments. While both roles require financial expertise and similar credentials, the Chief Budget Officer operates at a higher strategic level, whereas the Budget Analyst focuses on detailed financial data and reporting.

What does a chief budget officer do?

A Chief Budget Officer (CBO) is responsible for overseeing the development, implementation, and management of an organization's budget. They work closely with department heads to ensure resources are allocated efficiently and financial goals are met. The CBO analyzes financial data, forecasts future budgetary needs, and ensures compliance with relevant regulations and policies. This role is essential for maintaining fiscal discipline, supporting strategic planning, and guiding the organization's financial decision-making.

What degree do you need to be a chief budget officer?

A chief budget officer typically holds at least a bachelor's degree in finance, accounting, economics, or a related field. Many organizations prefer candidates with a master's degree such as an MBA or a master's in finance or public administration, along with extensive experience in budgeting, financial management, or related areas.
More about Chief Budget Officer jobs
Infographic showing various Chief Budget Officer job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $166,511 per year, or $80.1 per hour.

Full-time

Posted 21 days ago


Job description

Introduction

Internal Only: This position is limited to current MDH, PHPA, Center for Budget and Finance employees only.\r\n

GRADE

17\r\n

LOCATION OF POSITION

MDH, PHPA, Center for Budget and Finance\r\nBaltimore, MD 21201\r\n

Main Purpose of Job

The main purpose of this position is to prepare and manage the annual operating budget, quarterly budget projections and fiscal year-end closeout for assigned units within the Prevention and Health Promotion Administration while ensuring the financial integrity of the Administration's fiscal records. This position will prepare financial reports for the CRF Legislative Report and oversee the development of budgets, preparation of financial projections, expenditure management and fiscal year-end closeout for assigned units. This position will also assist and review the work of Fiscal Unit Budget Specialists in completing budget and fiscal management activities within their assigned units. This position will review and approve or reject FMIS requests for blanket purchase orders and requisitions at the 150 approval level and will access, create and produce FMIS Focus reports to support fiscal analysis and management of all fund types. This position will review and approve federal grant applications for submission to the PHPA Director and Chief Financial Officer (CFO) and approve and submit Federal Financial Reports (FFRs) through HRSA EHBs, GrantSolutions, eRA Commons and the Payment Management System (PMS). This position will also communicate with Federal Grant Management Specialists to resolve federal award issues, monitor federal draws through the Payment Management System (PMS) to identify and correct discrepancies and train Fiscal Unit Budget Specialists in the use of HRSA EHBs, GrantSolutions, eRA Commons and PMS.\r\n

MINIMUM QUALIFICATIONS

Experience:Eight years of experience in budget preparation, presentation and execution.\r\nNotes:\r\n1. Candidates may substitute the possession of a Bachelor's degree from an accredited college or university and four years of experience in budget preparation, presentation and execution for the required experience.\r\n2. Candidates may substitute graduate education from an accredited college or university in accounting, business administration, economics, finance, political science or public administration at a rate of 30 credit hours for five years of requiredexperience.\r\n3.Candidates may substitute U.S. Armed Forces military serviceexperience as a commissioned officer in the Budget Officer classifications or Financial Management specialty codes in the Budgeting field of work on a year-for-year basis for the required experience.\r\n

DESIRED OR PREFERRED QUALIFICATIONS

The desired candidate should possess the following:\r\n\r\n\r\n1. Experience with governmental accounting at the state, federal or local level.\r\n\r\n\r\n2. Experience working with state and federal grants.\r\n\r\n\r\n3. Experience with budget preparation and monitoring.\r\n\r\n\r\n4. Experience working independently and as part of a team.\r\n\r\n\r\n5. Experience demonstrating attention to detail and the ability to meet tight deadlines.\r\n

LIMITATIONS ON SELECTION

Internal Only: This position is limited to current MDH, PHPA, Center for Budget and Finance employees only.\r\n

SELECTION PROCESS

Applicants who meet the minimum (and selective) qualifications will be included in further evaluation. The evaluation may be a rating of your application based on your education, training and experience as they relate to the requirements of the position.Therefore, it is essential that you provide complete and accurate information on your application.Please report all related education, experience, dates and hours of work.Clearly indicate your college degree and major on your application, if applicable. For education obtained outside the U.S., any job offer will be contingent on the candidate providing an evaluation for equivalency by a foreign credential evaluation service prior to starting employment (and may be requested prior to interview).\r\nComplete applications must be submitted by the closing date.Information submitted after this date will not be added.\r\nIncorrect application forms will not be accepted.Resumes will not be accepted in lieu of a completed application.\r\nCandidates may remain on thecertified eligible list for a period of at least one year. The resulting certified eligible list for this recruitment may be used for similar positions in this or other State agencies.\r\n

BENEFITS

STATE OF MARYLAND BENEFITS\r\n\r\n

FURTHER INSTRUCTIONS

Online applications are highly recommended. However, if you are unable to apply online,the paper application (and supplemental questionnaire) may be submitted to MDH, Recruitment and Selection Division, 201 W. Preston St., Room 114-B, Baltimore, MD 21201.Paper application materials must be received by 5 pm, close of business, on the closing date for the recruitment, no postmarks will be accepted.\r\nIf additional information is required, the preferred method is to upload. If you are unable to upload, please fax the requested informationto 410-333-5689.Only additional materials that are required will be accepted for this recruitment. All additional information must be received by the closing date and time.\r\nFor questions regarding this recruitment, please contact theMDH Recruitment and Selection Division at 410-767-1251.\r\nIf you are having difficulty with your user account or have general questions about the online application system, please contact the MD Department of Budget and Management, Recruitment and Examination Division at 410-767-4850 orApplication.Help@maryland.gov.\r\nAppropriate accommodations for individuals with disabilities are available upon request by calling: 410-767-1251 or MD TTY Relay Service 1-800-735-2258.\r\nWe thank our Veterans for their service to our country.\r\nPeople with disabilities and bilingual candidates are encouraged to apply.\r\nAs an equal opportunity employer, Maryland is committed to recruitment, retaining and promoting employees who are reflective of the State's diversity.\r\n

Employment Type: Full-Time