Table 1Transition record

branch managertobudget manager

A branch manager already meets 50% of what the budget manager role asks for. The move turns on 12 required skills not yet in the profile.

From branch manager

50%

Overlap1

To budget manager

18 Skills carried over

12 Required, not held

56.9 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 56.9

This move: 56.9 of 100 · substantial

1 Share of the budget manager role’s weighted skill requirement already met by the branch manager 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 18 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 branch manager background worth leading with.

Skill the target role also needs Area

already held follow the statutory obligations assisting and caring
already held integrate strategic foundation in daily performance management skills
already held control financial resources management skills
already held financial forecasting business, administration and law
already held business management principles business, administration and law
already held financial statements business, administration and law

All 18 carried skills, including the 16 the budget manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 26 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 5 required, 1 supplementary

required, not held support development of annual budget 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

optional, not held oversee the facilities services budget optional

02 business, administration and law 4 required, 3 supplementary

required, not held accounting department processes required
required, not held budgetary principles required
required, not held financial department processes required
required, not held financial analysis required

optional, not held accounting techniques optional
optional, not held funding methods optional
optional, not held public finance optional

03 information skills 2 required, 7 supplementary

required, not held interpret financial statements 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
optional, not held prepare financial statements optional

04 communication, collaboration and creativity 1 required, 2 supplementary

required, not held advise on financial matters required

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

05 natural sciences, mathematics and statistics 1 supplementary

optional, not held statistics optional

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 18 skills that carry over

Skill Type

already held analyse market financial trends skill
already held company policies knowledge
already held control financial resources skill
already held corporate social responsibility knowledge
already held cost management knowledge
already held create a financial plan skill
already held financial forecasting knowledge
already held financial management knowledge
already held financial statements knowledge
already held follow company standards skill
already held follow the statutory obligations skill
already held integrate strategic foundation in daily performance skill
already held liaise with managers skill
already held manage budgets skill
already held manage staff skill
already held strive for company growth skill
already held business management principles knowledge
already held plan health and safety procedures skill

14 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 accounting techniques 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 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 prepare financial statements optional
optional, not held public finance optional
optional, not held review investment portfolios optional
optional, not held statistics optional

55 held skills the budget manager role does not ask for

Skill Type

not needed by the target role abide by business ethical code of conducts skill
not needed by the target role accounting knowledge
not needed by the target role align efforts towards business development skill
not needed by the target role analyse business plans skill
not needed by the target role analyse business processes skill
not needed by the target role analyse financial risk skill
not needed by the target role apply business acumen skill
not needed by the target role assume responsibility for the management of a business skill
not needed by the target role banking activities knowledge
not needed by the target role build business relationships skill
not needed by the target role business law knowledge
not needed by the target role business loans knowledge
not needed by the target role collaborate in company's daily operations skill
not needed by the target role conclude business agreements skill
not needed by the target role create a work atmosphere of continuous improvement skill
not needed by the target role describe the financial situation of a region skill
not needed by the target role develop business plans skill
not needed by the target role develop company strategies skill
not needed by the target role develop revenue generation strategies skill
not needed by the target role ensure lawful business operations skill
not needed by the target role establish communication with foreign cultures skill
not needed by the target role evaluate performance of organisational collaborators skill
not needed by the target role execute marketing plan skill
not needed by the target role exercise stewardship skill
not needed by the target role financial jurisdiction knowledge
not needed by the target role hire human resources skill
not needed by the target role impart business plans to collaborators skill
not needed by the target role integrate headquarter's guidelines into local operations skill
not needed by the target role international trade knowledge
not needed by the target role keep updated on the political landscape skill
not needed by the target role liaise with local authorities skill
not needed by the target role maintain relationship with customers skill
not needed by the target role make strategic business decisions skill
not needed by the target role manage office facility systems skill
not needed by the target role manage relationships with stakeholders skill
not needed by the target role market entry planning knowledge
not needed by the target role marketing management knowledge
not needed by the target role marketing principles knowledge
not needed by the target role negotiate with stakeholders skill
not needed by the target role operations management knowledge

15 further entries not listed here

8 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 accounting department processes required
required, not held budgetary principles required
required, not held financial department processes required
required, not held financial analysis required
optional, not held accounting techniques optional
optional, not held funding methods optional
optional, not held public finance optional
optional, not held statistics optional

Index

Other moves recorded from branch manager

Full index of moves from branch manager

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.