Financial Planning Specialist
Summary
| Title: | Financial Planning Specialist |
|---|---|
| ID: | 3023 |
| Department: | Finance |
| Location : | Riyadh |
| Nationality : | Saudi Arabia |
| Industry: | Financial Services |
| Type of Contract : | Full-time |
Description
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.
- Bachelor degree in Finance or related field
- 5+ years experience in finance field.
