Budgeting Section Head

1. Budget Planning & Preparation

• Lead the annual budgeting process across all departments.

• Coordinate with department heads to prepare operational and capital expenditure budgets.

• Ensure alignment of budgets with company strategic objectives.

• Consolidate and finalize the master budget for management approval.

2. Budget Control & Monitoring

• Monitor actual performance versus budget and analyze variances.

• Implement expenditure control measures to ensure budget compliance.

• Develop financial dashboards and reports to track budget utilization.

• Provide recommendations to optimize costs and improve financial performance.

3. Reporting & Financial Closing

• Take full responsibility for monthly budget reporting and analysis.

• Support monthly closing activities in coordination with the cost accounting team.

• Prepare management reports highlighting financial performance and key risks.

• Ensure timely submission of internal and external financial reports.

4. Variance Analysis & Business Support

• Conduct proactive variance analysis and identify operational risks and opportunities.

• Communicate financial insights clearly to operational and senior management teams.

• Provide financial guidance to department managers for corrective actions.

• Support decision-making through scenario analysis and forecasting.

5. Process Improvement & Systems

• Develop and enhance budgeting policies, procedures, and internal controls.

• Participate in ERP system implementation and optimization (especially CO module).

• Drive automation and efficiency improvements within the budgeting function.

6. Audit & Compliance

• Assist in preparing required documents for internal and external audits.

• Ensure compliance with company policies and financial regulations.

• Support quarterly reviews and annual audit processes.