Career and Education Opportunities for Budget Analysts in Maine
Maine has a population of 1,318,301, which has grown by 3.40% in the last 10 years. Nicknamed the "Pine Tree State," its capital is Augusta, though its most populous city is Portland.
The national trend for budget analysts sees this job pool growing by about 15.1% over the next eight years. Budget analysts generally examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
A person working as a budget analyst can expect to earn about $27 per hour or $57,760 annually on average in Maine and about $31 hourly or $65,320 yearly on average in the U.S. as a whole. Budget analysts earn more than people working in the category of Accounting and Auditing generally in Maine and more than people in the Accounting and Auditing category nationally. Budget analysts work in a variety of jobs, including: controller, fiscal officer, and chief financial officer .
In 2008, there were a total of 840,874 jobs in Maine. The average annual income was $36,368 in 2008, up from $35,028 in 2007. The unemployment rate in Maine was 8.0% in 2009, which has grown by 2.7% since the previous year. About 22.9% of Maine residents have college degrees, which is lower than the national average.
The top industries in Maine include paper manufacturing, pulp, paper, and paperboard mills, and direct selling establishments. Notable tourist attractions include the Portland Harbor Museum, the Center for Maine History, and the Tate House Museum.
CITIES WITH Budget Analyst OPPORTUNITIES IN Maine
JOB DESCRIPTION: Budget Analyst
In general, budget analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. They also analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
Every day, budget analysts are expected to be able to deal with basic arithmetic problems. They need to read and understand documents and reports. It is also important that they decide how to think about problems involving math.
Similar jobs with educational opportunities in Maine include:
- Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Business Management Analyst. Conduct organizational studies and evaluations, design systems and procedures, conduct work simplifications and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
- Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
- Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
- Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
- Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
- Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
- Loan Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
- Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
- Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
LOCATION INFORMATION: Maine
Maine has a population of 1,318,301, which has grown by 3.40% over the past decade. Nicknamed the "Pine Tree State," its capital is Augusta, though its biggest city is Portland. In 2008, there were a total of 840,874 jobs in Maine. The average annual income was $36,368 in 2008, up from $35,028 the previous year. The unemployment rate in Maine was 8.0% in 2009, which has grown by 2.7% since the previous year. Approximately 22.9% of Maine residents have college degrees, which is lower than the national average.
The top industries in Maine include paper manufacturing, pulp, paper, and paperboard mills, and direct selling establishments. Notable tourist attractions include the Maine Womens Chistian Temperance Union, the Tate House Museum, and the Portland Harbor Museum.