Description:
Responsibilities
- Develop and implement comprehensive budgeting processes, including planning, forecasting, and performance tracking.
- Analyze financial data, including revenue, expenses, and budget variances, to identify trends, risks, and opportunities.
- Collaborate with department managers to create and review budget proposals, ensuring alignment with organizational goals and objectives.
- Provide strategic guidance and recommendations to senior management based on financial analysis to optimize resource allocation.
- Monitor and track actual expenses against budgeted amounts, identifying areas of over/underutilization and taking appropriate actions.
- Conduct regular budget review meetings with stakeholders to communicate and address any issues or concerns.
- Lead the preparation of financial reports and presentations for senior management, providing insights and recommendations.
- Stay updated on industry trends, regulatory changes, and best practices in budget management and share knowledge with the team.
- Streamline and automate budgeting processes using financial software and technology tools.
- Perform additional job-related tasks when delegated or directed. Prepare ad hoc requests for senior management.
- Perform any other tasks and responsibilities at the request of his / her supervisor.
Qualifications And Skills
Essential Technical:
- Bachelor’s degree in finance, accounting, or a similar discipline.
- Strong financial modeling and analytical skills, with expertise in budget planning and forecasting.
- Minimum 8 years of relevant job experience as a budget analyst and financial planning.
- Familiarity with the laws and regulations in the Kingdom of Saudi Arabia in the field of accounting / finance.
Essential Behavioral
- Ability to communicate effectively both in English and in Arabic.
- Ability to convey complex financial information in a clear and concise manner.
- Possess good interpersonal skills and the ability to work with different nationalities.
- Excellent computer skills and experience in using Microsoft / related software tools.