Table 1Transition record

bookkeepertobudget manager

A bookkeeper already meets 24% of what the budget manager role asks for. The move turns on 21 required skills not yet in the profile.

From bookkeeper

24%

Overlap1

To budget manager

10 Skills carried over

21 Required, not held

77.4 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 77.4

This move: 77.4 of 100 · career change

1 Share of the budget manager role’s weighted skill requirement already met by the bookkeeper profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Table 2

Table 2 · What you already bring

Of the 10 skills that carry over, these are the ones fewest other occupations ask for. A budget manager role needs them, and most people applying for one will not have them already. This is the part of a bookkeeper background worth leading with.

Skill the target role also needs Area

already held support development of annual budget management skills
already held accounting department processes business, administration and law
already held financial department processes business, administration and law
already held follow the statutory obligations assisting and caring
already held prepare financial statements information skills
already held interpret financial statements information skills

All 10 carried skills, including the 7 the budget manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 34 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier

01 management skills 10 required, 2 supplementary

required, not held control financial resources required
required, not held create a financial plan required
required, not held enforce financial policies required
required, not held evaluate budgets required
required, not held exert expenditure control required
required, not held explain accounting records required
required, not held integrate strategic foundation in daily performance required
required, not held manage budgets required
required, not held manage staff required
required, not held strive for company growth required

optional, not held oversee the facilities services budget optional
optional, not held plan health and safety procedures optional

02 business, administration and law 6 required, 3 supplementary

required, not held budgetary principles required
required, not held corporate social responsibility required
required, not held cost management required
required, not held financial analysis required
required, not held financial forecasting required
required, not held financial management required

optional, not held business management principles optional
optional, not held funding methods optional
optional, not held public finance optional

03 information skills 2 required, 6 supplementary

required, not held analyse market financial trends required
required, not held monitor financial accounts required

optional, not held create a financial report optional
optional, not held monitor charity's budget optional
optional, not held analyse financial performance of a company optional
optional, not held assess financial viability optional
optional, not held estimate profitability optional
optional, not held inspect government expenditures optional

04 communication, collaboration and creativity 2 required, 2 supplementary

required, not held advise on financial matters required
required, not held liaise with managers required

optional, not held advise on public finance optional
optional, not held review investment portfolios optional

05 assisting and caring 1 required

required, not held follow company standards required

Table 4

Table 4 · Where to start

The 3 entries a budget manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 10 skills that carry over

Skill Type

already held accounting department processes knowledge
already held company policies knowledge
already held financial department processes knowledge
already held financial statements knowledge
already held follow the statutory obligations skill
already held interpret financial statements skill
already held support development of annual budget skill
already held accounting techniques knowledge
already held prepare financial statements skill
already held statistics knowledge

13 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held create a financial report optional
optional, not held monitor charity's budget optional
optional, not held advise on public finance optional
optional, not held analyse financial performance of a company optional
optional, not held assess financial viability optional
optional, not held business management principles optional
optional, not held estimate profitability optional
optional, not held funding methods optional
optional, not held inspect government expenditures optional
optional, not held oversee the facilities services budget optional
optional, not held plan health and safety procedures optional
optional, not held public finance optional
optional, not held review investment portfolios optional

26 held skills the budget manager role does not ask for

Skill Type

not needed by the target role accounting entries knowledge
not needed by the target role allocate bills skill
not needed by the target role archive documentation related to work skill
not needed by the target role attach accounting certificates to accounting transactions skill
not needed by the target role bookkeeping regulations knowledge
not needed by the target role calculate tax skill
not needed by the target role commercial law knowledge
not needed by the target role depreciation knowledge
not needed by the target role ensure compliance with accounting conventions skill
not needed by the target role follow up accounts receivables skill
not needed by the target role handle financial transactions skill
not needed by the target role handle petty cash skill
not needed by the target role identify accounting errors skill
not needed by the target role issue sales invoices skill
not needed by the target role labour legislation knowledge
not needed by the target role maintain financial records skill
not needed by the target role manage accounts skill
not needed by the target role manage cash desk skill
not needed by the target role manage payroll reports skill
not needed by the target role manage the general ledger skill
not needed by the target role organise business documents skill
not needed by the target role perform balance sheet operations skill
not needed by the target role prepare tax returns forms skill
not needed by the target role prepare trial accounting balances skill
not needed by the target role tax legislation knowledge
not needed by the target role use accounting systems skill

9 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier

required, not held budgetary principles required
required, not held corporate social responsibility required
required, not held cost management required
required, not held financial analysis required
required, not held financial forecasting required
required, not held financial management required
optional, not held business management principles optional
optional, not held funding methods optional
optional, not held public finance optional

Index

Other moves recorded from bookkeeper

Full index of moves from bookkeeper

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.