Financial Budget Analyst
6 months ago
Job Summary:
Duties and Responsibilities:
1. Develop and maintain financial budgets in line with organizational goals and objectives.
2. Collaborate with various departments to gather budgeting inputs and forecast financial needs.
3. Conduct financial analysis and evaluate budget variances, identifying areas of improvement or cost-saving opportunities.
4. Prepare comprehensive budget reports and presentations for management and stakeholders.
5. Monitor and track budget allocations to ensure compliance with approved budget plans.
6. Provide guidance and support in the development and preparation of annual operating budgets.
7. Review and analyze financial data to recommend adjustments or corrective actions to achieve financial targets.
8. Coordinate with finance, accounting, and other teams to ensure accurate and timely budget reporting.
9. Stay updated with industry trends, regulations, and best practices related to financial budgeting.
10. Develop and maintain financial models to aid in budget planning and forecasting.
11. Participate in financial audits, ensuring transparency and accuracy of budget-related information.
12. Identify and implement strategies to improve budgeting processes and efficiency.
Qualifications and Skills:
1. Bachelor's degree in finance, accounting, or a related field. A master's degree is a plus.
2. Proven experience in financial budgeting, forecasting, and variance analysis.
3. Strong understanding of financial concepts and budgeting principles.
4. Proficiency in financial modeling and advanced Excel skills.
5. Excellent analytical skills with the ability to interpret complex financial data.
6. Detail-oriented and capable of working with a high level of accuracy.
7. Strong communication and presentation skills.
8. Ability to work independently and meet deadlines.
9. Knowledge of Bahrain's financial regulations and reporting standards is preferred.
10. Professional certifications such as CMA or CFA are an advantage.
**Job Type**: Permanent
**Salary**: BD500.000 - BD800.000 per month
Ability to Commute:
- Manama (required)
Ability to Relocate:
- Manama: Relocate before starting work (required)
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