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Location: Riyadh, Saudi Arabia

Job Sector: Hotels, Resorts, Travel, Tourism and Hospitality, Real Estate and Property Development, Saudi National Jobs

Our client is a leading Development Group with an excellent reputation across the region. We are looking for an experienced Budgeting and Planning Manager to be based in Riyadh, Saudi Arabia.

Job Overview

The Budget & Planning Manager is responsible for managing the whole process of the financial planning and budgeting in the company

Reporting to: CFO in the Finance Department

Responsibilities

  • Prepares the appropriate templates to prepare the budget by all concerned departments.
  • Complies with the approved policy of budgeting regarding the deadlines and the management of the budgeting process.
  • Receives the budget estimates from all the departments of the organization and critically examines them for correctness, accuracy and completeness; and conformance with established procedures, regulations, and organizational objectives.
  • Studies the previous budget and taking into consideration the benefits and losses occurred during the previous financial years, due to budget planning.
  • Suggests suitable amendments in the budget to the higher authorities and managerial staff of the concerned department.
  • Consolidates the data for budget presentation and providing an overview of the financial status of all the operations.
  • Analyzes actual results to budgets and forecasts. & monitoring the budget throughout the year.
  • Submits budget reports to the higher management of the organization for further scrutiny and approval in accordance with the approved policy.
  • Prepares detailed reports pertaining to discrepancies and amendments that occurred in the budget,
  • Prepares reports on periodical basis and prepare the analytical reports for Management actions.

Essential Requirements

  • Degree qualified – preferably with an Accounting qualification
  • Minimum 4+ years experience
  • At least 2+ years experience in a Senior level role
  • Experience from any industry – should have some experience within large groups/ holding companies/ Hotels/ Hospitality/ real estate development/ construction companies
  • Should have worked for a company with at least 500m SAR annual turnover
  • Good experience with structure, well organised, analysis, planning, reporting
  • Open to Saudi nationals in KSA now

Salary/Compensation

  • Salary to be used as a guide only and will reflect experience levels and interview performance
  • Salary is between 26k – 37k SAR per month base
  • Plus excellent benefits

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