Senior Budget Analyst

3 weeks ago

Dhahran, Saudi Arabia Bechtel Full time

**Requisition ID**:274503**
- ** Relocation Authorized**:None**:

- ** Telework Type**:Full-Time Office/Project**:

- ** Work Location**:Jubail**

**Company Overview**:
Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact.
We serve the Infrastructure; Nuclear, Security & Environmental; Energy, Mining & Metals and Manufacturing & Technology markets. Our services span from initial planning and investment, through start-up and operations. Core to Bechtel are our values - ethics, safety, quality, people, culture, relationships, innovation and sustainability, and our covenants - integrity, respect, collaboration, trust, and delivery. They are what we believe, what customers can expect, and how we deliver.

**Position Summary**

Jubail is one of Bechtel’s most remarkable achievements—a city built from the sand up, requiring vast resources and logístical planning on an unprecedented scale. It the biggest civil engineering project in modern times—and it's getting bigger. Bechtel has managed the Jubail project, located in the Eastern Province of Saudi Arabia, since it began in the mid-1970s. Saudi Arabian Bechtel Company (SABCO) serves as the Management Services Contractor (MSC), or “owner’s representative” for our client, the Royal Commission (RC). We are the Engineering, Procurement, and Construction (EPC) managers, managing design submissions from local AE firms, and overseeing the actual construction work being performed by local contractors and sub-contractors in Jubail and Ras-Al-Khair Industrial Cities. In June 2021, Bechtel’s contract with the Royal Commission was renewed for another 5 years with work focusing on building new residential communities, iconic buildings/ bridges, major site preparation, commercial buildings, mosques, schools, hospitals, sports facilities, clinics, universities, utility services and infrastructure (electrical sub-stations, lift stations), roads and highways, port & pipeline expansions, and more.

**Major Responsibilities**

The Senior Budget Analyst will be responsible for managing and overseeing the budgeting process, provide strategic guidance and support to the finance team. The primary responsibility will be to ensure the accuracy and effectiveness of budgetary planning, forecasting, and monitoring, while identifying areas for cost savings and optimizing financial strategies.

Responsibilities include but not limited to the following:

- Develop and implement comprehensive budgeting processes, including planning, forecasting, and performance tracking.
- Analyze financial data, including revenue, expenses, and budget variances, to identify trends, risks, and opportunities.
- Collaborate with department managers to create and review budget proposals, ensuring alignment with organizational goals and objectives.
- Provide strategic guidance and recommendations to senior management based on financial analysis to optimize resource allocation.
- Monitor and track actual expenses against budgeted amounts, identifying areas of over/underutilization and taking appropriate actions.
- Conduct regular budget review meetings with stakeholders to communicate and address any issues or concerns.
- Lead the preparation of financial reports and presentations for senior management, providing insights and recommendations.
- Stay updated on industry trends, regulatory changes, and best practices in budget management and share knowledge with the team.
- Streamline and automate budgeting processes using financial software and technology tools.
- Perform additional job-related tasks when delegated or directed. Prepare ad hoc requests for senior management.
- Perform any other tasks and responsibilities at the request of his / her supervisor.

**Qualifications and Skills**:
**Essential Technical**:

- Bachelor’s degree in finance, accounting, or a similar discipline.
- Strong financial modeling and analytical skills, with expertise in budget planning and forecasting.
- Minimum 8 years of relevant job experience as a budget analyst and financial planning.
- Familiarity with the laws and regulations in the Kingdom of Saudi Arabia in the field of accounting / finance.

**Essential Behavioral**:

- Ability to communicate effectively both in English and in Arabic.
- Ability to convey complex financial information in a clear and concise manner.
- Possess good interpersonal skills and the ability to work with different nationalities.
- Excellent computer skills and experience in using Microsoft / related software tools.

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