Budget Specialist

Tawteen; Muscat; On-site; OMR 45,000 - 90,000; Full time

Job summary

Tawteen in Oman is seeking a seasoned Finance Budget Manager to lead budgeting, forecasting and financial planning processes. You will coordinate across departments to prepare annual budgets, consolidate inputs, and ensure alignment with strategy.

The role emphasizes variance analysis, cost control and financial modeling to support decision-making. You will work with Accounting, Treasury and Procurement to guarantee data integrity and drive continuous process improvements.

Qualifications

• Bachelor's degree in finance, accounting, economics or equivalent.
• 6 years of relevant experience in accounting or similar work.
• Professional certification (e.g., CMA, CIMA, ACCA, MBA Finance) preferred.

Responsibilities

• Coordinate with departments to prepare the annual budget and periodic forecasts.
• Consolidate departmental budgets into the overall company budget.
• Monitor actual performance against approved budgets and identify variances.
• Analyze budget deviations and provide recommendations for corrective actions.
• Prepare periodic budget reports, forecasts and variance analysis.
• Develop financial models and scenarios to support planning activities.
• Evaluate investment opportunities and capital expenditures proposals.
• Liaise with department heads to ensure accurate budget inputs and updates.
• Coordinate with Accounting, Treasury and Procurement teams for data alignment.
• Support internal and external audit requirements related to budgeting.
• Identify opportunities to improve budgeting processes and reporting efficiency.

Skills

Budgeting

Financial planning

Financial modeling

Variance analysis

Stakeholder management

Attention to detail

Cost control

Communication

Problem-solving

Education

Bachelor's degree in finance, accounting, economics or equivalent

Tools

ERP systems

Excel

Job description

EMPLOYEE JOB DESCRIPTION

To support the planning, preparation, monitoring and control of ADC's annual budget and financial forecasts ensuring alignment with organizational objectives, financial policies and regulatory requirements. This role ensures accurate budgeting, variance analysis and cost control to support effective financial decision-making.

KEY ACCOUNTABILITIES

Budget Planning & Preparation

• Coordinate with departments to prepare the annual budget and periodic forecasts
• Consolidate departmental budgets into the overall company budget
• Ensure alignment of budget submissions with strategic objectives

Budget Monitoring & Control

• Monitor actual performance against approved budgets and identify variances
• Analyze budget deviations and provide recommendations for corrective actions
• Ensure adherence to approved budget limits and cost control measures

Financial Analysis & Reporting

• Prepare periodic budget reports, forecasts and variance analysis
• Support management with financial insights for decision-making
• Develop financial models and scenarios to support planning activities
• Evaluate investment opportunities and capital expenditures proposals
• Any ADHOC tasks as on required by the line manager

Coordination & Collaboration

• Liaise with department heads to ensure accurate budget inputs and updates
• Coordinate with Accounting, Treasury and Procurement teams for financial data alignment
• Support internal and external audit requirements related to budgeting

Systems & Process Management

• Support the implementation and enhancement of budgeting systems and tools
• Ensure accuracy and integrity of data within budgeting systems

Continuous Improvement

• Identify opportunities to improve budgeting processes and reporting efficiency
• Recommend best practices in budgeting and financial planning

Policies, Systems, Processes & Procedures

• Ensure compliance with finance policies, procedures and internal controls

Quality, Health, Safety & Environment

• Ensure compliance to all relevant quality, health, safety and environmental management procedures and controls in all general ledger accounting activities to guarantee employee safety compliance delivery of high quality products service and a responsible environmental attitude

QUALIFICATIONS, EXPERIENCE & SKILLS

Minimum Qualifications

• Bachelor's degree in finance, Accounting, Economics, or equivalent
• Preferably professional certification (e.g., CMA, CIMA, ACCA, MBA Finance)

Minimum Experience

• 6 years of relevant experience in accounting or similar work

Skills

• Strong knowledge of budgeting and financial planning processes
• Financial modeling and analytical skills
• Proficiency in ERP systems and Excel
• Understanding of cost control and variance analysis
• Strong communication and stakeholder management skills
• Attention to detail and problem-solving ability