Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

budget managertopublic finance accountant

A budget manager already meets 51% of what the public finance accountant role asks for. The move turns on 4 required skills not yet in the profile.

From budget manager
51%
Overlap1
To public finance accountant
11 Skills carried over
4 Required, not held
45.9 Difficulty2
adjacent 0–30
moderate 30–55
substantial 55–75
career change 75–100
this move, 45.9

This move: 45.9 of 100 · moderate

1 Share of the public finance accountant role’s weighted skill requirement already met by the budget 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 11 skills that carry over, these are the ones fewest other occupations ask for. A public finance accountant role needs them, and most people applying for one will not have them already. This is the part of a budget manager background worth leading with.

Skill the target role also needs Area
  • already held inspect government expenditures information skills
  • already held advise on public finance communication, collaboration and creativity
  • already held monitor financial accounts information skills
  • already held public finance business, administration and law
  • already held control financial resources management skills
  • already held create a financial report information skills

All 11 carried skills, including the 8 the public finance accountant role treats as required.

Table 3

Table 3 · What you would need to learn

The 17 missing skills fall into 6 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 information skills 2 required, 2 supplementary
  • required, not held inspect government incomes required
  • required, not held conduct financial audits required
  • optional, not held calculate tax optional
  • optional, not held manage financial risk optional
02 business, administration and law 1 required, 5 supplementary
  • required, not held tax legislation required
  • optional, not held bookkeeping regulations optional
  • optional, not held civil law optional
  • optional, not held debt classification optional
  • optional, not held debt systems optional
  • optional, not held public law optional
03 management skills 1 required, 3 supplementary
  • required, not held develop account strategy required
  • optional, not held manage administrative systems optional
  • optional, not held handle financial transactions optional
  • optional, not held manage accounts optional
04 assisting and caring 1 supplementary
  • optional, not held comply with legal regulations optional
05 communication, collaboration and creativity 1 supplementary
  • optional, not held ensure cross-department cooperation optional
06 social sciences, journalism and information 1 supplementary
  • optional, not held public administration optional
Table 4

Table 4 · Where to start

The 3 entries a public finance accountant 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 11 skills that carry over
Skill Type
  • already held accounting techniques knowledge
  • already held budgetary principles knowledge
  • already held control financial resources skill
  • already held create a financial report skill
  • already held financial forecasting knowledge
  • already held inspect government expenditures skill
  • already held monitor financial accounts skill
  • already held public finance knowledge
  • already held advise on public finance skill
  • already held manage budgets skill
  • already held manage staff skill
13 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held manage administrative systems optional
  • optional, not held public administration optional
  • optional, not held bookkeeping regulations optional
  • optional, not held calculate tax optional
  • optional, not held civil law optional
  • optional, not held comply with legal regulations optional
  • optional, not held debt classification optional
  • optional, not held debt systems optional
  • optional, not held ensure cross-department cooperation optional
  • optional, not held handle financial transactions optional
  • optional, not held manage accounts optional
  • optional, not held manage financial risk optional
  • optional, not held public law optional
33 held skills the public finance accountant role does not ask for
Skill Type
  • not needed by the target role accounting department processes knowledge
  • not needed by the target role advise on financial matters skill
  • not needed by the target role analyse financial performance of a company skill
  • not needed by the target role analyse market financial trends skill
  • not needed by the target role assess financial viability skill
  • not needed by the target role business management principles knowledge
  • not needed by the target role company policies knowledge
  • not needed by the target role corporate social responsibility knowledge
  • not needed by the target role cost management knowledge
  • not needed by the target role create a financial plan skill
  • not needed by the target role enforce financial policies skill
  • not needed by the target role estimate profitability skill
  • not needed by the target role evaluate budgets skill
  • not needed by the target role exert expenditure control skill
  • not needed by the target role explain accounting records skill
  • not needed by the target role financial analysis knowledge
  • not needed by the target role financial department processes knowledge
  • not needed by the target role financial management knowledge
  • not needed by the target role financial statements knowledge
  • not needed by the target role follow company standards skill
  • not needed by the target role follow the statutory obligations skill
  • not needed by the target role funding methods knowledge
  • not needed by the target role integrate strategic foundation in daily performance skill
  • not needed by the target role interpret financial statements skill
  • not needed by the target role liaise with managers skill
  • not needed by the target role monitor charity's budget skill
  • not needed by the target role oversee the facilities services budget skill
  • not needed by the target role plan health and safety procedures skill
  • not needed by the target role prepare financial statements skill
  • not needed by the target role review investment portfolios skill
  • not needed by the target role statistics knowledge
  • not needed by the target role strive for company growth skill
  • not needed by the target role support development of annual budget skill
7 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 tax legislation required
  • optional, not held public administration optional
  • optional, not held bookkeeping regulations optional
  • optional, not held civil law optional
  • optional, not held debt classification optional
  • optional, not held debt systems optional
  • optional, not held public law optional
Index
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.