CMA Inter/CA Inter - Budget Analyst

This role is for one of the Weekday's clients

Salary range: Rs 400000 - Rs 550000 (ie INR 4-5.5 LPA)

Min Experience: 3 years

Location: Mumbai

JobType: full-time

We are seeking a detail-oriented and analytical Budget Analyst (CMA Inter / CA Inter) to support financial planning, budgeting, and cost management initiatives across the organization. The ideal candidate will play a critical role in preparing budgets, monitoring financial performance, analyzing variances, and providing actionable insights to support strategic and operational decision-making. This role requires strong financial acumen, excellent analytical skills, and the ability to collaborate closely with cross-functional stakeholders.

Requirements:
Key Responsibilities

• Lead the preparation, consolidation, and review of annual budgets, forecasts, and rolling financial plans.
• Analyze budget vs. actual performance, identify variances, investigate root causes, and present clear explanations to management.
• Support department heads and business leaders in budget planning, cost control, and financial decision-making.
• Develop and maintain detailed financial models to evaluate budget scenarios, cost optimization opportunities, and business initiatives.
• Track expenses, monitor cost centers, and ensure adherence to approved budgets and financial policies.
• Prepare periodic management reports, dashboards, and MIS packs highlighting key financial metrics and trends.
• Assist in long-term financial planning, including capital expenditure budgeting and resource allocation.
• Collaborate with accounting teams to ensure alignment between budgets, forecasts, and actual financials.
• Support internal and external audits by providing budget-related data, explanations, and documentation.
• Continuously improve budgeting processes, templates, and controls to enhance accuracy and efficiency.

Key Skills & Competencies

• Strong expertise in budgeting, forecasting, and variance analysis.
• Solid understanding of cost accounting, management accounting, and financial controls.
• Advanced proficiency in MS Excel (financial modeling, pivot tables, dashboards); experience with ERP systems is a plus.
• Ability to analyze large datasets and translate numbers into meaningful business insights.
• Strong attention to detail with a high level of accuracy and data integrity.
• Excellent communication skills to present financial insights to non-finance stakeholders.
• Ability to manage multiple budgets and deadlines in a fast-paced environment.
• Problem-solving mindset with a focus on cost optimization and process improvement.

Qualifications

• CMA Inter or CA Inter qualified (mandatory).
• Bachelor’s degree in Commerce, Finance, Accounting, or a related field.
• 3–6 years of relevant experience in budgeting, financial planning & analysis (FP&A), or management accounting roles.
• Experience working with cross-functional teams in a corporate or project-based environment.