Budget Analyst

e7 Group; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading finance firm in Abu Dhabi seeks a detail-oriented Budget Analyst to support budget development and management. Responsibilities include assisting with annual budget preparation, conducting financial analyses, and preparing detailed reports. The ideal candidate will have a Bachelor’s degree in finance, 3-5 years of relevant experience, proficiency in MS Excel, and strong analytical skills. This role offers an opportunity to work closely with various departments to ensure accurate financial planning and reporting.

Qualifications

• 3-5 years of experience in budget analysis & financial planning.
• Good understanding of manufacturing and logistics processes.
• Proficiency in MS Excel and ERP systems.

Responsibilities

• Assist in the preparation and development of the annual budget.
• Analyze budget proposals and financial reports.
• Develop financial forecasts and models.
• Prepare detailed budget reports for management.
• Monitor spending against the approved budget.
• Ensure compliance with financial regulations.
• Collaborate with business owners for planning.
• Maintain accurate records of budget-related activities.

Skills

Strong analytical and problem-solving skills

Excellent communication and presentation skills

Attention to detail and high level of accuracy

Ability to work independently and collaboratively

Strong business acumen

Knowledge of financial regulations

Education

Bachelor’s degree in finance & accounting

Certification such as CA, ACCA, CPA

Tools

MS Excel

ERP systems

Job description

Job Summary

We are seeking a detail-oriented and analytical Budget Analyst to join our finance team. The Budget Analyst will support the development, analysis, and management of the organization's budget and forecast. This role involves working closely with various departments to ensure accurate financial planning and reporting.

Key Responsibilities

• Budget Preparation: Assist in the preparation and development of the annual budget, including gathering data from various departments and consolidating it into a comprehensive budget plan.
• Financial Analysis: Analyze budget proposals, financial reports, and expenditure trends to identify discrepancies and reason for variance.
• Forecasting: Develop financial forecasts and models to estimate the financial performance.
• Reporting: Prepare detailed budget reports for management, highlighting key financial metrics and variances.
• Cost Control: Monitor and evaluate spending to ensure it aligns with the approved budget and identify opportunities for cost savings.
• Compliance: Ensure compliance with financial regulations and organizational policies.
• Collaboration: Work closely with business/area owners to collate information for the planning/forecasting purpose.
• Documentation: Maintain accurate and up-to-date records of all budget-related activities and transactions.
• Other Ad-hoc Reports/requirements, as deemed necessary.

Qualifications

• Education: Bachelor’s degree in finance & accounting having certification such as CA, ACCA, CPA etc.
• Experience: Minimum of 3-5 years of experience in budget analysis & financial planning role.
• Knowledge: Good understanding of manufacturing and logistics operational processes.
• Proficiency: Proficiency in MS Excel; experience with ERP’s

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Attention to detail and high level of accuracy.
• Ability to work both independently and collaboratively.
• Strong business acumen and understanding of organizational operations.
• Knowledge of financial regulations and compliance standards.