Principal Budget Analyst

2 months ago


Makkah, Saudi Arabia Precision Hire Solution Full time

Job Description:

Principal Objective: A brief summary of the responsibilities of the position

The Principal Budget Analyst will be responsible for assisting in the development implementation and monitoring of budgets for an organization. Your main role will involve analyzing financial data identifying trends and providing recommendations to support effective budget management. You will work closely with the finance team to ensure budgets are adhered to and financial goals are achieved.

Major Activities Performed: List the major job function(s) of the position.

  • Assist in the preparation and analysis of budgets for various departments or projects within the organization.

  • Monitor and track actual expenses against budgeted amounts identifying any discrepancies or variances.

  • Conduct indepth financial analysis to identify trends patterns and opportunities for cost savings or revenue generation.

  • Collaborate with department managers to review budget proposals ensuring accuracy and alignment with strategic objectives.

  • Assist in the preparation of financial reports and presentations providing clear and concise information to stakeholders.

  • Participate in budget planning sessions and provide input on financial forecasts and projections.

  • Evaluate and recommend process improvements to streamline budgeting and financial management procedures.

  • Stay updated on industry trends regulatory changes and best practices in budget management.

Experience and Qualifications: List the background experience required for the position number of years experience in what fields. Describe the desirable academic background.

  • Bachelors degree in finance accounting or a related field.

  • Minimum 10 years of related experience.

  • Arabic Language Mandatory.

  • Advanced expertise in Microsoft Programs especially Excel Access and PowerPoint in addition to have full knowledge of preparing financial reports preparing and creating an executive Budget Dashboard and knowing how to create Power BI.

  • Strong analytical skills and attention to detail.

  • Proficient in using financial analysis tools and software.

  • Excellent communication and interpersonal skills.

  • Ability to work independently and collaboratively in a team environment.


Minimum Clearance Required to Start:

Not Applicable/None

Parsons is an equal opportunity employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran.

This job has been sourced from an external job board.
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