Planning/Monitoring & Budgeting Analyst

• Performs the full range of budget activities.
• Develops and monitor work procedures and budget guidelines.
• Prepares the annual budget and financial forecasts, as well as, the Business Plan when needed.
• Analyzes the financial and economic indicators that can affect the Company’s budget.
• Identifies the deviation between actual and budgeted financial results, reporting and explaining the monthly budget variances to the Company’s management.
• Prepares variance analysis and a draft of comments for interpreting the actual vs. budget deviations.
• Prepares all the required budget reports, MIS reporting, comprehensive presentations, and correspondences as per scheduled deadlines.
• Structures and implements proper budget centers’ system, analyzes revenues and expenses variances of those different budget centers, and controls the cost allocation.
• Controls and approves actual expenditures within the approved budget and authorities, and reports on deviations with justifications.
• Applies principles of managerial accounting and MIS to provide management with detailed revenue/expense data analysis not ordinarily supplied by general accounting systems.
• Analyzes and implements operational budget control through meetings with different departments.
• Supports the Top Management in preparing comprehensive studies for the Company's business plan and analyzes alternative opportunities. Prepares financial dashboard reports to provide insight into business performance and financial results.
• Prepares, implements, and updates the Business Plans.
• Conducts capital budgeting and assessment for any new investment opportunity.
• Applies budget on Oracle to make all data and reports extraction automated.
• Conducts budget transfers (when required) on Oracle in accordance with the manual of authorities.
• Prepares budget review report and profit or loss summary report on a monthly basis.
• Performs other duties as assigned or required.

job requirements

More than 10 years

Not Specified