Job responsibilities of an economist in a budgetary institution (for a resume)

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Economist is a profession with a very wide range of functional duties, varieties and branches of activity. Economists are in demand everywhere in one form or another, with different job titles and a list of tasks under control. Today, this direction is very popular among young people who choose their future professional environment, speci alty and future workplace. This article will discuss the job responsibilities of an economist in a budgetary institution, his work instructions, the necessary knowledge, as well as the features of working for the state.

The work of an economist

The profession "economist" is a fairly broad concept,including many positions. This includes an accountant, an analyst, an auditor, and senior positions. The education of an economist opens the door to many holdings and corporations with highly paid jobs; these specialists are also indispensable in budget organizations. The work of an economist includes many subtleties and requires deep knowledge. The most in demand are people with higher education, preferably graduating from a master's and postgraduate studies. The higher the qualification of a specialist and the more experience, the better place of work awaits him.

At the workplace, an economist performs several important functions: planning financial activities for a period, analyzing economic indicators, forecasting performance, supporting financial and business operations, reporting, accounting and much more. Each specific organization sets individual goals for its employees and ways to achieve them.

Features of the work of an economist in the public sector

Public organizations differ from commercial ones in many ways. The chart of accounts of the balance sheet used in postings and some unified forms of documents also differ. In addition, the receipt of funds, their expenditure and reporting for them are also taken into account in a completely different way. But, oddly enough, the duties of an economist in a budgetary institution are not far from the duties of employees of trading companies. Yes, the economist will use other calculation formulas,postings and reporting documentation in the work, but its essence will not change dramatically. His responsibilities still include analysis, calculation and support of the organization's activities.

Education, categories and experience

In different cities of the country there are universities and academies that prepare students directly for public service. A prominent representative is the RANEPA under the President of the Russian Federation. The educational program of such educational institutions provides subjects that explain the intricacies of working in budgetary organizations. But in fact, to get to such a workplace, it is absolutely not necessary to graduate from a special institute. It is enough to get an education in economics.

In state organizations there is a practice of assigning categories to specialists. The duties of an economist of a budgetary institution depend on it. It is assigned depending on the level of education and work experience.

• Specialist without categories - a graduate of a university without work experience or a specialist with a secondary vocational education and at least three years of experience in this field. A specialist with a secondary profile education in other engineering and technical fields can get a position as an economist without a category in a budgetary institution if his experience is more than five years.
• The second category is given to a specialist with higher education and work experience in the field of economics or in other engineering and technical fields in a position held by a specialist with higher education for at least three years.
• The first category is a specialist with higher education and work experienceeconomist of the second category from three years.

Knowledge required for work

The job responsibilities of an economist in a budgetary institution require a certain set of knowledge and skills from the specialist holding this position. The necessary minimum of intellectual baggage includes knowledge of the following aspects:

• normative documents, state acts, laws, methodological manuals related to the scope of work;
• methods of economic and financial planning;
• the procedure and methods for developing a financial and economic work plan for the required period of time;
• methods for analyzing the performance of the organization as a whole and its divisions;
• ways to forecast future income and expenses;
• development of business plans;
• planning, accounting and reporting documentation;
• determination of economic return and effect from the introduction of innovations;
• local regulations of the organization.

Duties of an official

Job responsibilities of an economist in a budgetary institution of education, he althcare or culture may vary slightly depending on the place of work, but in general the following list can be presented:

• collection and registration of initial indicators on the economic work of the organization;
• support of accounting, implementation of economicactivities;
• calculations in different areas of the organization;
• planning financial activities in the current and subsequent periods;
• development of economy modes;
• planning the existing budget and future income;
• tariffing for employees;
• expenditure tracking, budget usage report;
• calculation of budgetary payments, appropriations and other amounts provided for in the work of this budgetary organization;
• analysis of activities, its optimization based on the results of the analysis;
• communication with higher structures;
• monitoring the fulfillment of contractual obligations of the parties;
• preparation of periodic reporting;
• procurement in a budget organization;
• formation, storage and access to archives of documentation and reports.

Rights and responsibilities of an employee

The duties of an economist in a budgetary he althcare institution, educational institutions and other state and municipal services imply the seriousness and increased responsibility of the work. People who get jobs in government services and organizations must strictly follow the instructions, minimize errors and other human factors.

For failure to fulfill their obligations to the state and society, they may be subject to fines, sanctions, be reprimanded, dismissed or even convicted. But the rights of the people involved ingovernment structures, wider than those of employees of commercial organizations. So, they are en titled to a longer vacation, quarterly and annual bonuses are paid, and a social package is provided in full. Additional bonuses for working for the state can be free or preferential travel in public transport, annual vouchers to a sanatorium for minor children and other positive aspects.

Educational institutions, he althcare and culture

Job responsibilities of an economist in a budgetary institution of culture, he alth care, educational structures imply a full report on the work done, clearly defined deadlines for submitting analytical conclusions, calculated prices for services and products, if any, to kopecks. Most of the money in such organizations comes from the state budget, that is, from taxpayers' payments. This means that all data provided by the economist must be clean, transparent in understanding and open to all identified users.

The job responsibilities of an economist in a budgetary institution for procurement, for example, include organizing specialized tenders open to any user who can access the site and be interested in this information. At the same time, purchases must be carried out in accordance with all the rules specified in the legislation.

What to write in a resume

Job responsibilities of an economist of a budgetary institution for a resume is necessarydescribe in full. The more the applicant knows how, the more types of work in the field of budgetary economics he has encountered, the more valuable he is. The search for candidates for budgetary organizations usually takes place with a lot of competition for a place, if salary expectations are justified, of course. Therefore, in order to bypass all competitors, it is necessary to describe your merits and skills as colorfully as possible. However, it should be noted that deception in this matter is very easy to uncover at the very first stage of the interview, so only information that is true should be described.