Main Responsibilities:
- Develops and maintains the delivery of annual budget, quarterly forecasts, and monthly reporting to top management.
- Leads Management to understand and challenge different inputs for forecasts, working across finance/accounting/projects to improve accuracy and efficiency.
- Designing effective budget models for departments and analyzing financial information to ensure all departments are within budget.
- Initiates, directs, and assists in the preparation, monitoring, and management of both operating and capital budgets, and the multi-year financial forecasts for all budgeted funds.
- Coordinates with departments to review plans, determines budgetary needs, gathers information, monitors programs, and makes recommendations on budget preparation, presentation, implementation, and interpretation.
- Design and implement effective budget policies and procedures.
- Expectations of future budget needs.
- Prepare monthly and yearly actual Vs. budget variance analysis (rate & Volume).
- Prepare specific reports, and systematic control of performances, revenues, and margins by analyzing the causes of variance between actual results and budgeted targets and proposing corrective actions to the management.
- Develop & update Feasibility studies for investment plans according to the management strategies.
- Monitoring and interpreting cash flows and predicting future trends; analyzing change and advising accordingly.
- Supporting top management by providing different cost analysis reports.
- Prepares statements and reports of estimated future costs and revenues.
- Increase productivity by developing automated forecasting tools.
- Review the company’s budget for compliance with legal regulations.
- Performs miscellaneous job-related duties as assigned.
