Overview
Senior Manager- Financial Planning & Budget Jobs in Jeddah, Saudi Arabia at Client of Domo Ventures W.L.L.
We are hiring for our prestigious client in Jeddah, Saudi Arabia.
Position Name
Senior Manager Financial Planning and Budget
Job Purpose
This role is responsible for financial planning forecasting budget preparation monitoring and controls In addition the role is also responsible for relevant periodic reporting and financial analyses in order to facilitate senior management decision making
Key Responsibilities
- Financial Planning and Analysis
- Produce regular financial forecasts and analytical reports based on internally developed models
- Coordinate with the budget unit to consolidate financial projections
- Conduct financial benchmarking
- Provide input required for cash flow assessment relating to various quantitative analyses
- pml stress testing etc
- Assess or validate the financial viability of a new product instrument program or business line
- Facilitate medium- term financial planning
- Derive tangible connections between company s operations and its financial performance
- Conduct feasibility studies for projects with significant financial if any
- Provide senior leadership with critical financial metrics to clarify the financial health of the company
- Budgeting
- Ensure availability and implementation of updated budget policies and procedures
- Prepare the annual administrative budgets in line with the operational plan
- Perform regular budgeting and utilization reporting provide the reports to the company s management and propose appropriate corrective actions for variances
- Prepare budgeting and utilization reporting for all departments expenses and tracking variances
- Guide the organizational philosophy on cost controls expenses and policies and ensure mechanisms for implementation and monitoring as per established standards
- Incorporate best practices for the preparation of administrative budgets across the organization
- Provide overall recommendations to the senior management on efficient utilization of the budget
Qualifications
- Master’s degree in accounting or finance or a similar discipline, or CPA or ACCA
- Language Skills
– English is compulsory
– Arabic or French are preferable - Years of Experience
– Minimum 6 years of experience
Title: Senior Manager- Financial Planning & Budget
Company: Client of Domo Ventures W.L.L.
Location: Jeddah, Saudi Arabia
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