Budgeting
Jadarat Description
The knowledge and understanding of budgets and financial planning and analysis to measure the performance against defined target in a given period of time. Effectively analyse and forecast financial results and prepare, monitor, and manage budgets.
Jadarat Type
Technical Competency
jadarat Code
T71
Level 5
5
Applies subject matter expertise to develop and recommend budgeting strategies in organisations. Provides expertise to the organisation in maintaining and monitoring organisation budgets.
Level 4
4
Uses full knowledge of and experience in monitoring and managing budgets. Provides expertise to forecast, allocate and monitor budgets.
Level 3
3
Utilizes deep knowledge and understanding of various budgeting techniques and financial planning and analysis methodologies. Uses multiple tools and techniques to forecast and monitor budgets.
Level 2
2
Possesses specialised knowledge and full understanding of various budget types and financial planning and analysis methodologies. Takes part in conducting the full budget forecasting cycle.
Level 1
1
Has basic knowledge and understanding of budgeting. Is able to initiate the budget forecasting process.