- Lead the development of the organization's annual budget in collaboration with department heads and senior management.
- Work closely with department heads to allocate resources effectively, ensuring that budgetary allocations support departmental objectives while maximizing overall organizational performance.
- Monitor budget performance regularly, analyzing variances and identifying areas of concern or improvement.
- Provide insights and recommendations to management based on analysis.
- Evaluate and improve budgeting processes and procedures to enhance efficiency and accuracy.
- Oversee expenditure and identify trends in spending and make forecasts for future budget needs.
- Utilize historical data and current trends to forecast future financial performance and assist in decision-making processes.
- Ensure compliance with budgetary guidelines, policies, and regulations. Identify and address any discrepancies or non-compliance issues.
- Prepare and present comprehensive financial reports to senior management and stakeholders, highlighting budget performance, and forecasts.
- Conduct thorough analysis of budget variances, investigating reasons for discrepancies and recommending corrective actions as needed.
- Prepare budget reports and presentations for senior management.
- Aim for accuracy in financial forecasting, incorporating relevant data and assumptions to generate reliable projections.
- Develop and maintain financial models to support budgeting, forecasting, and decision-making processes.
- Analyze financial data to identify trends and potential areas of improvement.
Qualifications:Bachelor’s degree in finance or accounting.Minimum of 5 years of experience.Skills:Familiar with dynamic accounting software.Strong computer skills using Microsoft office software such as Excel, Word, PowerPoint.Excellent written and verbal communication skills.Excellent in reading/writing English language.