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Budget & Costing Specialist

  • Saudi Arabia
  • Posted 6 hours ago

Prepare annual and operational budgets in coordination with relevant departments. Monitor expenses and revenues, comparing them with approved budgets.

Job snapshot

  • Company: Market Research Company
  • Location: Riyadh, Saudi Arabia

Key responsibilities

  • Prepare annual and operational budgets in coordination with relevant departments.
  • Monitor expenses and revenues, comparing them with approved budgets.
  • Analyze discrepancies between actual and budgeted costs and determine their causes.
  • Prepare periodic reports on costs, spending rates, and financial performance.
  • Monitor operational and administrative costs and identify opportunities for cost reduction.
  • Analyze product, service, or project costs and evaluate profitability levels.
  • Monitor financial commitments and ensure they align with approved allocations.
  • Prepare financial forecasts and update budgets based on operational changes.
  • Coordinate with financial and operational departments to collect and verify data.
  • Develop budget and cost tracking tools and improve financial control procedures.

Requirements

  • Bachelor's degree
  • Proven experience in budgeting and cost analysis
  • Strong analytical and reporting skills
  • Fluency in English and Arabic
  • Proficient in Microsoft Office and budgeting software

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