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Job Description
- Prepare the annual budget, coordinate budget process and communicate all departments to prepare their budgets on the budget timeframe for submission.
- Inform department managers of due dates for the submission of budget information.
- Act as an advisor to department managers in formulating their budget submissions
- Examine whether budget submissions can be achieved based on known capacity constraints and inform management of potential problem areas
- Determines cost of operations by establishing standard costs; collecting operational data
- Identifies financial status by comparing and analyzing actual results with plans and forecasts
- Guides cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions
- Improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions
- Review proposed budget submissions from department managers for accuracy and completeness
- Propose enhancements to the financial model based on updated conditions.
- Coordinate capital budgeting process.
- Review the budget model for calculation errors.
- Compare actual to budgeted results at the end of each reporting period, and report on significant variances
- Update the budget model as requested to account for significant changes in the business environment.
- Prepare the cash flow statement for each financial period and compare the actual versus budget cash in&out.
- Reviewing the Inventory transactions (purchases & consumptions) and occasional purchases.
- Maintain the budgeting policies and procedures manual.
Job Requirements
- Bachelor degree from a faculty of commerce
- Excellent command of spoken and written English
- Experience in budgeting ( minimum 5 years )
- Resident in or nearby 6th of October or El Sheikh Zayed - Giza
- Age not more than 30 years
