Job Title: Budgeting and Planning Analyst
About the Role:
We are seeking a Budgeting and Planning Analyst to lead budget planning, cost estimation, expenditure control, and financial reporting activities within the organization. The ideal candidate will provide expert advice and technical support for cost analysis, fiscal allocation, and budget preparation, ensuring compliance with established procedures and regulations.
Key Responsibilities:
- Generate high-level reports and analyses for the Planning & Budgeting Section Manager.
- Monitor routine expenditures and prepare detailed analyses of complex financial issues.
- Develop and maintain detailed budget charts, tables, and spreadsheets to support various budgetary analyses and projects.
- Identify and utilize relevant data sources to analyze financial data and provide actionable conclusions and recommendations.
- Compile and analyze accounting records to determine financial resources required for programs and propose efficiency improvements.
- Conduct cost-benefit analyses to evaluate operating programs, review financial requests, and explore alternative financing options.
- Prepare and analyze financial reports using SAP, detailing monthly expenditures, costs, and manpower data.
- Draft business plans, operational plans, and relevant documentation.
- Create presentations for the Planning & Budgeting Section Manager to communicate financial insights and strategies.
- Provide recommendations on budgetary adjustments and respond to financial issues with innovative solutions.
- Ensure budget estimates align with organizational procedures and regulatory requirements.
- Collaborate with managers to implement budget adjustments based on program changes.
- Develop funding scenarios to address concerns and facilitate resolution of budgetary challenges.
- Perform other related duties as assigned by the Planning & Budgeting Section Manager.
Expected Results:
- Accurate monitoring of expenditures and timely financial reporting.
- High-quality business and operational plans.
- Improved financial efficiency and adherence to organizational goals.
Qualifications and Experience:
- Education: Bachelor's degree in Accounting, Finance, or a related field.
- Experience: Minimum of 8 years of relevant accounting experience, including at least 4 years in a similar role.
Key Competencies and Skills:
- Strong knowledge of accounting principles and refining operations/processes.
- Proficiency in SAP and Microsoft Office applications.
- Excellent problem-solving and analytical skills.
- Strong technical writing and reporting abilities.
- Ability to plan, organize, and prioritize tasks effectively.
- Strong interpersonal and communication skills, both oral and written.
- Ability to perform under pressure and meet tight deadlines.
- Fluency in English.
Preferred Skills:
- Experience with cost-benefit analysis and financial modeling.
- Familiarity with budgeting frameworks in a corporate environment.
- Proven track record of improving financial processes and efficiencies.