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MA
MAG Aerospace
DOD Budget Analyst
Career Insights for Budget Analyst
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Scorecard
Based on Maryland data
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What they do
A Budget Analyst develops the overall annual budget for a company or organization. Evaluates budget proposals, prepares information for government officials or company executives to inform funding decisions; monitors spending and analyzes differences between budget and actual spending. May evaluate programs or provide policy analysis.
$105,549 / year median in Maryland
+2% projected growth
Job Description
Position Summary The Budget Analyst will provide comprehensive project management and financial support services. This position supports planning, executing, monitoring, and reporting for Government projects, ensuring timely, cost‑effective, and high‑quality execution. The role requires strong analytical, administrative, and communication skills, as well as proficiency in budgeting and financial tracking within Government environments. •This position is contingent on contract award •Essential Duties and Responsibilities Provide project management support including scheduling, resource coordination, risk tracking, progress monitoring, and stakeholder communication. Conduct financial and budget analysis, prepare cost estimates, track expenditures, and support budget development activities. Prepare, coordinate, and manage financial documentation such as 7600s, MIPRs, ROMs, and consolidated financial reports. Produce forecasts, spend plans, burn‑rate tracking, and near‑real‑time financial status updates. Analyze CDRLs and develop programmatic and technical briefings with Government technical leads. Access and maintain required Government budget and financial systems. Support technology transfer programs including CRADAs, EPAs, and Bailment Agreements. Coordinate technical and financial actions with Government organizations, contractors, OEMs, vendors, and OTA partners. Provide data, background materials, and documentation to support program decisions and reporting. Requirements Knowledge of budgeting laws, regulations, policies, precedents, methods, and techniques. Experience supporting or executing Government budgeting, financial analysis, or project management activities. Ability to work collaboratively with multiple Government and contractor stakeholders. Strong communication, analytical thinking, and organizational skills.