Financial Planning Specialist

Job description / Role

Responsibilities

- Collaborate with department heads to develop annual budgets aligned with organizational goals and objectives.
- Monitor budget performance regularly, identify variances, and provide recommendations for corrective action.
- Conduct in-depth analysis of financial data to identify trends, forecast future budget needs, and provide insights to management.
- Assist in cost reduction initiatives by identifying areas for efficiency improvement and implementing cost-saving measures.
- Prepare accurate and timely financial reports, including budget vs. actual analysis and variance explanations.
- Develop financial forecasts and models to support short-term and long-term financial planning.
- Ensure compliance with internal policies, procedures, and external regulations related to budget management.
- Work closely with various departments to gather financial information, provide guidance on budget-related matters, and support decision-making processes.
- Continuously assess and improve budgeting processes to enhance efficiency and effectiveness.
- Provide training and support to department managers and staff on budgeting procedures, tools, and best practices.

Requirements

Qualifications

- Bachelor degree in Finance or related field
- 5+ years experience in finance field.

About the Company

The Professionals is a Saudi leading Consulting firm that was established in 2015 in Riyadh, Saudi Arabia.

Since 2015 until now, we’ve become a successful partner in delivering unique consulting services to our partners who operate in different industries and sectors.

We always combine our service offerings by adopting global best practices with local in-depth understanding and delivering it with a passion to exceed our partners’ expectations to achieve their business objectives.