Job Details

Code
HR05
Title
Budgeting Manager - Finance Department
Description

 Gathering budget proposals from departments and compilation of Master Budget.  Implementation, Monitoring, and Control of Budgets through timely reporting and meeting with departmental heads  Preparation of variance analysis reports and investigating the reason for cost control purpose and to make recommendations  Other reporting requirements as advised from time to time.  Designing effective budget models for departments and the entire company  Analyzing financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget  Presenting annual budgets to senior managers  Design effective budget models for departments and the entire company  Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget  Present annual budgets to senior managers  Review budget requests for approval  Forecast future budget needs  Identify variances between actual and budgeted financial results at the end of each reporting period  Review the company’s budget for compliance with legal regulations  Ensure department managers meet budget submission deadlines  Design and implement effective budgeting policies and procedures  Review, analysis, and comments for monthly management reporting pack and Financials  Preparation of rolling financial forecast its analysis with budget, actual and prior periods.  Preparation of annual budgets and monthly cost center wise analysis and reporting of variances.  Managing budgets based on authority levels and limits and taking necessary actions to control and reduce cost.  Support month-end closing by ensuring that all expenses and provisions are booked to appropriate Accounts.  Preparation of monthly Management Accounts and performance measurement reports.

Requirements

 Proven work experience as a Budget Manager or Budget Analyst  Hands-on experience with accounting software and statistical packages  Knowledge of MS Excel (specifically, advanced formulas, pivot tables, and charts)  Familiarity with forecasting methods and data analysis  Excellent numeracy skills with an attention to detail  Strong analytical skills  Knowledge of accounting best practices and regulations  Ability to explain budgeting and financial information in plain terms  BSc degree in Accounting, Finance or relevant field, recommended CMA holder.  10 – 15 years’ experience in budgeting out of which 3-5 years in a senior position.  English: very good

Location
Egypt

Apply to this position


All bold fields are required