S&D Financial Planning and Budgeting Specialist

Job Description

• To examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
• To collaborate in monitoring budgets on an ongoing basis to ensure that spending is in line with projections and financial targets.
• To analyze budgeting and accounting reports to maintain expenditure controls and support the manager in making informed budgeting decisions.
• To prepare audit requirements and communicate with auditors to ensure all questions and requests can be answered.
• To consult with managers to ensure that budget adjustments are made following program changes.
• To develop organizational and divisional budget plan presentations and prepare required information for Finance approval
• To verify all budget costs and historical financial records to ensure all defined parameters are met as planned
• To combine all the programs and departments' budgets into a consolidated divisional budget and review all funding requests for more benefits.
• To monitor divisional expenditure, status, and availability of funds and estimate future financial needs.
• To be responsible, as assigned, for significant components of budget activities; participate in the conceptual development of the various budget processes and specifications for S&D projects.
• To support various teams in projects' financial management efforts and develop budget requests.
• To evaluate proposed plan changes and enhancements concerning short- and long-term fiscal impacts.
• To collaborate with related teams to gather information to support the audit process
• To summarize budgets and submit recommendations for the approval of funds requests.
• To research new ways and practices to improve efficiency and increase income revenue.
• To review operating budgets to analyze trends affecting budget needs.
• To perform cost-benefit analyses to compare operating S&D plans, review financial requests, and explore alternative financing methods.
• To interpret budget directives and establish policies for carrying out directives.

Requirements:

• Bachelor's degree in Accounting, Finance Management, Business, or related fields.
• At least 3 years experience in an area of specialization (finance, budget, or management reporting experience in a multinational environment).
• Experience working in a medium organization.
• Experience in Financial Reporting Function is an advantage.