- Gathering budget proposals from departments and compilation of Master Budget.
- Implementation, Monitoring and Control of Budgets through timely reporting and meeting with departmental heads
- Preparation of variance analysis reports and investigating the reason for cost control purpose and to make recommendations
- Other reporting requirements as advised from time to time.
- Designing effective budget models for departments and the entire company
- Analyzing financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget
- Presenting annual budgets to senior managers
- Review budget requests for approval
- Forecast future budget needs
- Identify variances between actual and budgeted financial results at the end of each reporting period
- Review company’s budget for compliance with legal regulations.
- Ensure department managers meet budget submission deadlines.
- Design and implement effective budgeting policies and procedures
- Review, analysis and comments for monthly management reporting pack and Financials.
- Preparation of rolling financial forecast its analysis with budget, actual and prior periods.
- Develop of company ratio analysis
- Preparation of annual budgets and monthly cost centers & wise analysis and reporting of variances.
- Managing budgets based on authority levels and limits and taking necessary actions to control and reduce cost.
- Support month-end closing by ensuring that all expenses and provisions are booked to appropriate accounts.
- Preparation of monthly Management Accounts and performance measurement reports.
Degree in Accounting/Finance/auditing.Good English language (written & spoken)Professional certificate CMA/ CPA not must but highly regardedProven work experience as a Budget Manager and/or Budget AnalystHands-on experience with accounting software (Microsoft Dynamics)Professional in MS Excel (specifically, advanced formulas, pivot tables and charts) is a must.Familiarity with forecasting methods and data analysisExcellent numeracy skills with an attention to detailStrong analytical skillsKnowledge of accounting best practices and regulationsAbility to explain budgeting and financial information in basic termsBSc degree in Accounting, Finance or relevant field, recommended CMA holder.Familiarity with management Accounting is a must.Min 10-15 years’ experience out of which 3-05 relevant experience in Real estate sector is highly recommended.