Budgetary principles

Principles of estimating and planning of forecasts for business activity, compile regular budget and reports.

theory of budgetary principles
principles of budgeting
budgeting principles
use of budgetary principles
range of budgetary principles
scope of budgetary principles
theories of budgeting
theory of budgeting principles

knowledge

sector-specific

Budgetary principles is an essential knowledge of the following occupations:

Auction house manager: Auction house managers are responsible for the staff and activities in an auction house. Moreover, they manage the finances and marketing aspects of the auction house.
Public administration manager: Public administration managers direct, monitor and evaluate the implementation of government policies. They supervise staff and manage resources used for implementation, and write reports on the implementation process. They also communicate with government officials and the public to inform them on the policies. Public administration managers may also participate in the design and creation of public policies.
Secretary of state: Secretaries of state assist heads of government departments, such as ministers, and aid in the supervision of proceedings in the department. They assist in the direction of policies, operations, and department staff, and perform planning, resource allocation, and decision-making duties.
Real estate manager: Real estate managers handle and oversee the operational aspects of commercial or residential properties such as private apartments, office buildings and retail stores. They negotiate contracts for lease, identify and plan new real estate projects and construction of new buildings by partnering with a developer to identify the appropriate site for new buildings, coordinate the feasibility study for new constructions and supervise all the administrative and technical aspects involved in expanding the business. They maintain the premises and aim to increase its value. They hire, train and supervise personnel.
Zoo curator: Zoo curators are usually the position of middle-management within an institution. Much of their work involves oversight, management and development of the animal collection. Often this is related to animal husbandry and welfare policy, the acquisition and disposition of zoo animals, and development of new exhibits. Zoos normally acquire animals through captive breeding programs. The zoo collection, trade, and transport of the animals is regulated by government agencies as well as guided by zoo membership organisations. Consequently, zoo curators act as a liaison between these agencies and the zoo itself. Additionally, they play an active role in the administration of zoo functions and all kinds of captive breeding programs.
Community development officer: Community development officers develop plans to improve quality of life in local communities. They investigate and assess the community’s issues and needs, manage resources, and develop implementation strategies. They communicate with the community for investigation purposes, and to inform the community on development plans.
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.
Lottery manager: Lottery managers organise and coordinate the activities of a lottery organisation. They oversee daily operations and facilitate communications between staff and customers. They review lottery procedures, arrange prices train staff and strive to improve the profitability of their business. They take responsibility for all lottery activities and ensure that relevant lottery rules and regulations are followed.
Healthcare institution manager: Healthcare institution managers supervise the operations of healthcare institutions, such as hospitals, rehabilitation facilities, home care services and elderly care institutions to ensure the organisation meets requirements, the patients and residents are cared for, the organisation is maintained and the necessary equipment present. They also supervise the staff and ensure record maintenance.
Budget analyst: Budget analysts monitor the spending activities of public and private institutions and companies. They prepare budget reports, review the budget model used in the company and ensure compliance with the budgeting policies and other legal regulations.
Education administrator: Education administrators organise and manage the administration, support systems and (student) activities of an education institution. They perform a range of administrative, secretarial, financial and otherwise supportive tasks to enable the efficient and cost-effective running of the school. They may assist in student recruitment, alumni relations, funding, work on committees including academic boards and quality insurance.
Secretary general: Secretaries general head international governmental or nongovernmental organisations. They supervise staff, direct policy and strategy development, and function as main representative of the organisation.
Public housing manager: Public housing managers develop strategies for the improvement of housing policy in a community, as well as providing social housing to those in need. They identify housing needs and issues, and supervise resource allocation. They also communicate with organisations involved in building public housing facilities, and social service organisations.
Rescue centre manager: Rescue centre managers supervise operations of a rescue centre, performing administrative duties and supervision of staff. They ensure that the centre operates according to policies and staff perform rescue missions in a safe, efficient and compliant manner.
Public finance accountant: Public finance accountants head the treasury department of a governmental institution. They manage the institution’s financial administration, expenditure and income generation, and compliance with taxation and other financial legislation. They perform administrative duties to ensure record keeping, develop plans for budget management and perform financial forecasts.
Defence administration officer: Defence administration officers perform managerial duties and administrative tasks in defense institutions, such as maintenance of records, management of staff, and handling of accounts.
Property developer: Property developers buy land, finance deals, order construction projects and orchestrate the process of development. They purchase a tract of land, decide on a marketing strategy, and develop the building program. Developers must also obtain legal approval and financing. When the project is finished, they may lease, manage, or sell the property.
Agronomist: Agronomists provide consulting services to companies, agricultural cooperatives, agronomical crop growers and horticultural crop growers on the cultivation of food crops. They study the science, technology and business related to growing plants. They examine crops and perform experiments in order to improve crop yields and farms’ production. Agronomists also examine the most effective ways to harvest and cultivate plants.
Cultural centre director: Cultural centre directors manage operations of a cultural community centre, they organise and promote cultural activities and events, manage staff, and aim to promote the overall inclusion of cultural programmes in the community.
Education programme coordinator: Education programme coordinators supervise the development and implementation of educational programmes. They develop policies for the promotion of education and manage budgets. They communicate with education facilities to analyse problems and investigate solutions.
Horticulture production manager: Horticultural production managers plan the production, manage the enterprise and participate in the production
Provincial governor: Governors are the main legislators of a nation’s unit such as a state or province. They supervise staff, perform administrative and ceremonial duties, and function as the main representative for their governed region. They regulate local governments in their region.
Headteacher: Headteachers manage the day-to-day activities of an educational institution. They make decisions concerning admissions and are responsible for meeting curriculum standards, which facilitate academic development for the students. They manage staff, working closely with the different department heads, and evaluate the subject teachers in a timely manner in order to secure optimal class performance. They also ensure the school meets the national education requirements set by law and cooperate with local communities and governments.
Dean of faculty: Deans of faculty lead and manage a collection of related academic departments and work with the post-secondary school principal and the different heads of department to deliver the agreed faculty and university strategic objectives. They promote the faculty in associated communities and market the faculty nationally as well as internationally. Deans of faculty also focus on achieving the faculty’s financial mangement target.
Special-interest groups’ official: Special-interest groups’ officials represent and act on behalf of special-interest groups such as trade unions, employer organisations, trade and industry associations, sports associations and humanitarian organisations. They develop policies and ensure their implementation. Special-interest groups’ officials speak for their members in negotiations about topics such as working conditions and safety.
Elderly home manager: Elderly home managers oversee, plan, organise and evaluate the provision of elderly care services for people who are in need of these services due to the effects of ageing. They manage the elderly care home and supervise the activities of the staff.
Youth centre manager: Youth centre managers plan and supervise the operations of children and youth homes which provide care and counselling services. They assess the needs for youths in the community, develop and implement pedagogical methods, and develop programs for the improvement of youth care in the centre.
Political party agent: Political party agents manage the administrative tasks of a political party, such as budget management, record keeping, writing of agendas, etc. They also ensure productive communication with governmental bodies, and with press and media.
Construction manager: Construction managers are responsible for the planning and coordination of the construction projects. They provide expertise in the design phase of construction projects by facilitating a better estimate of the costs and the functional implications. They participate on bid processes for construction projects and handle subcontractors to deliver the different stages of the construction process from beginning to completion. They strive to enhance the value of the projects both improving efficiency and creating value for customers.

Budgetary principles is optional for these occupations. This means knowing this knowledge may be an asset for career advancement if you are in one of these occupations.

Land-based machinery supervisor: Land-based machinery supervisors plan and organise land-based machinery services for agricultural production and landscaping in close cooperation with their clients.
Building caretaker: Building caretakers maintain and monitor the condition and security of buildings. They clean, assist with minor repairs and ensure that amenities such as heating and hot water are available to the residents. Building caretakers are responsible for the quality of buildings and also serve as a contact person for residents.
Ambassador: Ambassadors represent their own government in foreign countries for diplomatic and peace-keeping purposes. They deal with political negotiation between the country of origin and the country where they are stationed and ensure the protection of citizens from their home nation in the nation they are stationed. They facilitate communication between the two nations and perform advisory functions to the home government to help develop foreign policy.
Financial manager: Financial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, equity and cash flow aiming to maintain the financial health of the company and operative viability. Financial managers evaluate the strategic plans of the company in financial terms, maintain transparent financial operations for taxation and auditing bodies, and create the financial statements of the company at the end of the fiscal year.
Court administrator: Court administrators perform managerial tasks in a court institution, such as supervision of staff, administration, communicating with judges and reviewing procedures. They also manage the court’s finances, and oversee maintenance of the facility and equipment.
Government minister: Government ministers function as decision-makers in national or regional governments, and head government ministries. They perform legislative duties and supervise the operation of their department.
Public funding advisor: Public funding advisors advise individuals and businesses about funding opportunities given by the government. They analyse the needs of clients, consult them on funds, grants and subsidies that apply to them and help with the application process. Public funding advisors also set up public grant administration in organisations.
Equine yard manager: Equine yard managers are responsible for the day to day running of the yard including managing staff, care of the horses, all aspects of health and safety and dealing with clients and owners.
Verger: Vergers perform administrative duties for churches and parishes, ensure equipment maintenance and support the parish priest or other superiors. They also perform assisting duties before and after church service such as tidying, readying the equipment and supporting the priest.
Fruit production team leader: Fruit production team leaders are responsible for leading and working with a team. They organise daily work schedules for the production of fruit crops and participate in the production processes.
Cultural facilities manager: Cultural facilities managers direct the operations of facilities that provide cultural services such as theatre, movies and music. They plan and organise the daily operations of the related staff and facilities and ensure the organisation follows the latest developments in its field. They coordinate the different departments of the facility and manage the correct use of resources, policies and budgets.
Government planning inspector: Government planning inspectors monitor the development and implementation of government plans and policies, as well as processing planning and policy proposals, and performing inspections of planning procedures.
Pastoral worker: Pastoral workers support religious communities. They provide spiritual education and guidance and implement programmes such as charity works and religious rites. Pastoral workers also assist ministers and help participants in the religious community with social, cultural or emotional problems.
Mayor: Mayors chair their jurisdiction’s council meetings and act as main supervisor of the local government’s administrative and operational policies. They also represent their jurisdiction in ceremonial and official events and promote activities and events. They, together with the council, hold the local or regional legislative power and oversee development and implementation of policies. They also supervise staff and perform administrative duties.
Agricultural inspector: Agricultural inspectors monitor agricultural operations in farms and other agricultural facilities. They inspect activities such as health and safety measures, costs and production processes to ensure that workers and their activities comply with proper legislation and standards. Agricultural inspectors also analyse and report on their findings.
City councillor: City councillors represent residents of a city in the city’s council and perform local legislative duties. They examine the concerns of the residents and respond to them in an appropriate manner, and represent their political party’s policies and programs in the city council as well. They communicate with governmental officials to ensure the city and its agenda are represented and supervise all operations which fall under the city council’s responsibility.
Senator: Senators perform legislative duties on a central government level, such as working on constitutional reforms, negotiating on bills of law, and settling conflicts between other governmental institutions.
Recreational facilities manager: Recreational facilities managers direct the operations of facilities that provide recreational services such as gardens, spas, zoos, gambling and lottery facilities. They plan and organise the daily operations of the related staff and facilities and ensure the organisation follows the latest developments in its field. They coordinate the different departments of the facility and manage the correct use of resources and budgets.

Sports programme coordinator: Sports programme coordinators coordinate sports and recreation activities and policy implementation. They develop new programs and aim to promote and implement them, as well as ensure the maintenance of sports and recreation facilities.
Grants management officer: Grants management officers work professionally in the administration and management of grant funds. They look at grant applications from individuals, charities, community groups or university research departments and decide whether to award funding given out by charitable trusts, government or public bodies or not. However, sometimes they may refer the grant application to a senior officer or committee.
 
Horticulture production team leader: Horticulture production team leaders are responsible for leading and working with a team. They organise daily work schedules for the production of horticulture crops and participate in the production.

Embassy counsellor: Embassy counsellors supervise specific sections in an embassy, such as economics, defence or political affairs. They perform advisory functions for the ambassador, and perform diplomatic functions in their section or specialty. They develop policies and implementation methods and supervise the embassy section’s staff.
Youth programme director: Youth programme directors develop and implement programmes and policies to improve and ensure youths’ well-being. They facilitate communication with and between educational, recreational, counselling or other youth related institutions, organise events for youths and families, and promote social mobility and awareness.
Tax policy analyst: Tax policy analysts research and develop taxation policies and legislation in order to improve and develop tax policies. They advise official bodies on policy implementation and financial operations, as well as forecast financial influence of changes in tax policies.
Grants administrator: Grants administrators handle the pass-through track of grants, often given out by the government to the grant recipient. They prepare the paperwork such as the grant applications and give out the grants. They are also responsible to make sure that the grant recipient spends the money correctly according to the terms laid out.
Social services manager: Social services managers have the responsibility for strategic and operational leadership and management of staff teams and resources within and or across social services. They are responsible for the implementation of legislation and policies relating to, for example, decisions about vulnerable people. They promote social work and social care values and ethics, equality and diversity, and relevant codes guiding practice. They are responsible for liaising with other professionals in criminal justice, education and health. They can be responsible for contributing to local and national policy development.
Curriculum administrator: Curriculum administrators develop and improve the curricula of education institutions. They analyse the quality of existing curricula and work towards improvement. They communicate with education professionals to ensure an accurate analysis. They report on curriculum developments and perform administrative duties.
Child day care centre manager: Child day care centre managers provide social services to children and their families. They supervise and support child care workers and manage the childcare facilities. Child day care centre managers have the responsibility for strategic and operational leadership and management of staff teams and resources within and or across child care services.
Archive manager: Archive managers ensure the care and preservation of a cultural institution and the archives within. Archive managers, along with curators, and conservators, play a very important role in the care of the institution and all the collections within.
Civil service administrative officer: Civil service administrative officers perform administrative duties in civil service organisations and government departments. They ensure record maintenance, handle enquiries and provide information to the public, either in person, through emails or phone calls. They support senior staff, and ensure a fluent internal flow of information.

References

1. Budgetary principles – ESCO