Career profile · SOC ESC-E183705E

budget manager

Budget managers assess financial proposals of different departments before granting financial resources to projects. They monitor the implementation of budget policies and procedures. They work closely with other departments in the evaluation of programs, their impact in the organisation, the revenue that they can yield, and the financial efforts required.

budget manager budget managers assess financial proposals of different departments before granting financial resources to projects. They monitor the implementation of budget policies and procedures. The role shows moderate AI exposure (0.50 on a 0-1 scale) — some tasks are being automated but the role adapts. The most in-demand skills for the role include accounting department processes, financial department processes, financial statements, financial forecasting, financial management.

AI exposure
5.0/10
automation risk

Pay in the UK

UK: median £76,447 a year for Financial managers and directors (ONS ASHE 2025, full-time)

Middle half of full-time jobs: £50,000 to £120,417 a year

UK jobs are grouped differently; this is the closest UK occupation group (ONS SOC 2020 1131). ONS rates this estimate precise. 2025 provisional figures; ONS revises them a year later. Source: ONS Annual Survey of Hours and Earnings (Open Government Licence)

Pay in India (occupation group)

Average monthly earnings of salaried employees in the occupation group “Managers” in India, from the Government of India's Periodic Labour Force Survey (January–December 2025). It covers everyone in this group, not only budget manager, and it is not US pay converted to rupees.

Urban India
₹55,360 a month
Rural India
₹31,701 a month
All India
₹50,408 a month

Source: MoSPI (Government of India), Periodic Labour Force Survey Annual Report 2025, Table 51 — average wage/salary earnings of regular wage/salaried employees, NCO-2015 division 1. Official India data gives one average per occupation group: there are no official India figures for single careers, experience levels or cities. Read the report

Top skills

accounting department processes financial department processes financial statements financial forecasting financial management corporate social responsibility budgetary principles cost management financial analysis company policies

Knowledge you'll build

  • Economics and Accounting
  • Mathematics
  • English Language
  • Administration and Management
  • Administrative
  • Computers and Electronics
  • Customer and Personal Service
  • Law and Government

What you'd actually do

  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Review operating budgets to analyze trends affecting budget needs.
  • Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
  • Summarize budgets and submit recommendations for the approval or disapproval of funds requests.

Tools & technology you'd use

Microsoft Excel hot Microsoft Office software hot Microsoft Outlook hot Microsoft PowerPoint hot Microsoft Access hot Microsoft SharePoint hot Microsoft Visual Basic hot Microsoft Word hot Structured query language SQL hot Accounting software Adaptive Planning Budget monitoring systems

Frequently asked questions

What does budget manager do?

Budget managers assess financial proposals of different departments before granting financial resources to projects. They monitor the implementation of budget policies and procedures. They work closely with other departments in the evaluation of programs, their impact in the organisation, the revenue that they can yield, and the financial efforts required.

What skills does budget manager need?

The most in-demand skills for this role include accounting department processes, financial department processes, financial statements, financial forecasting, financial management, corporate social responsibility. These are the skills O*NET identifies as most important for competent performance.

Will AI replace budget manager?

Our AI-durability model gives budget manager a score of 0.50 on a 0-1 scale (higher = more exposure). That places it at moderate AI exposure — some tasks are being automated but the role adapts. Learning to work with AI tools rather than against them is the path forward.

Take it further