Budget Officer

Propel Consult

Saudi Arabia

Posted on: 6 Feb 2025

JOB DESCRIPTION / ROLE

Employment: Full Time

Assist in the preparation and analysis of financial data, identifying trends, and providing recommendations to support effective budget management.

• Monitor and track actual expenses against budgeted amounts, identifying any discrepancies or variances.
• Work closely with the finance team to ensure budgets are adhered to and financial goals are achieved.
• Conduct in-depth financial analysis to identify trends, patterns, and opportunities for cost savings or revenue generation.
• Collaborate with department managers to review budget proposals, ensuring accuracy and alignment with strategic objectives.
• Assist in the preparation of financial reports and presentations, providing clear and concise information to stakeholders.
• Participate in budget planning sessions and provide input on financial forecasts and projections.
• Evaluate and recommend process improvements to streamline budgeting and financial management procedures.
• Stay updated on industry trends, regulatory changes, and best practices in budget management.

Requirements:
• Bachelor / Master Degree in Accountant or Engineering from an accredited university.
• Minimum 15 years’ experience in related field on national / international major initiatives and developments.
• Extensive knowledge and experience in project budgeting.
• Extensive experience in managing and prioritizing projects budget.
• Knowledge of Kingdom financial processes and procedures.
• -Ability to present budgeting plans and requirements to senior management and other government authorities.
• Ability to negotiate with multiple stakeholders to secure budget for projects.
• Capable to fluently communicate in Arabic and English.
• Excellent Verbal and written communication skills.

ABOUT THE COMPANY

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties.

We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more.

Concentrating our resources has created 5 distinct specialist divisions:

  • Banking & Finance
  • Human Resources
  • Oil & Gas
  • Construction
  • Architecture & Engineering

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