Budgeting & Planning Manager - Finance

We are looking for Budgeting & Planning Manager - Finance for Riyadh Saudi Arabia

ole Summary

Job Description and Requirements

SAR is looking for an Executive level Budgeting & Planning Manager to join the Finance Department and manage the full-cycle of budgeting and financial activities including consolidation, monitoring, and controlling in accordance with SAR policies and procedures.

The role is based in Riyadh HQ and an ideal candidate would come from a solid Budgeting and Planning background and will be reporting to the Financial Controller.

Key Accountabilities

1.Development of budget policy & process:

-Budget Preparation

-Budget Communication

-Budget monitoring & control

-Quarterly Forecasting

-Management Reporting & Variance Analysis

2.Budget Preparation
-Consolidation

-Data gathering

-Timetable

-Guidelines

-Models & inputs

3.Budget Monitoring

Monitor capital, operating and manpower spending and track the utilization of the budget using ERP (PRs monitor & approval)

4.Financial Planning
-Develop guidelines for the financial planning process

-Develop a financial plan (revenues, prices, costs, investments)

-Coordinate and consolidate inputs from all departments to the financial plan

-Prepares Quarterly & Monthly variance analysis and report

-Collect and consolidate financial & static data from all departments

-Measure departments financial KPI against targets and analyze variances

-Develop and prepare management information reports and dashboards

https://www.naukrigulf.com/budgeting-planning-manager-finance-jobs-in-riyadh-saudi-arabia-in-saudi-arabian-railway-company-7-to-10-years-jid-260320000046