Financial Planning & Budgeting Specialist

STC; As Sudiyah; On-site; OMR 6,696 - 8,928; Full time

Job summary

STC is seeking a candidate for a financial planning role based in Al Buraymi Governorate, Oman. The position involves supporting the preparation and execution of financial planning and budgeting activities, with a focus on data consolidation, forecasting, and variance analysis. Applicants should have a bachelor's degree and 1-3 years of relevant experience. The role offers an opportunity to contribute to financial governance and continuous improvements in processes.

Qualifications

• Bachelor’s degree required.
• 1-3 years of experience in financial planning and budgeting.

Responsibilities

• Support the development of financial plans in alignment with objectives.
• Assist in consolidating budget inputs and ensuring accuracy.
• Prepare initial financial reports and dashboards for analysis.

Education

Bachelor's degree

Job description

Job Purpose

The role holder is responsible for supporting the preparation, coordination, and execution of Specialized’s financial planning and budgeting activities. This includes assisting in data consolidation, forecasting, variance analysis, and reporting to ensure timely and accurate financial insights. The role contributes to effective resource allocation, financial governance compliance, and performance tracking by working closely with internal stakeholders and supporting continuous process improvements.

Key Responsibilities

• Support the development of annual and periodic financial plans (OPEX, CAPEX, and revenue) in alignment with Specialized’s strategic and operational objectives.
• Assist in consolidating budget inputs from different departments and validating assumptions to ensure accuracy and completeness.
• Contribute to the preparation of financial forecasts by collecting data, analyzing trends, and comparing projections against actual performance.
• Support the execution of budgeting cycles by coordinating timelines, preparing templates, and ensuring timely submission of departmental budgets.
• Prepare initial financial reports and dashboards, including monthly and quarterly analysis of revenue, costs, and variances.
• Assist in maintaining the centralized repository of financial data ("single source of truth") to ensure alignment across departments.
• Conduct variance analysis and highlight deviations, risks, and improvement opportunities to senior financial planning staff.
• Ensure all financial planning and budgeting activities comply with Specialized’s internal controls, governance requirements, and policy standards.
• Support the coordination with Strategy Governance, Corporate Performance Management, Accounting Operations, and Business Finance teams to ensure alignment of budget outputs and reporting.
• Participate in the enhancement of financial planning tools, systems, and process automation initiatives to improve accuracy, efficiency, and reporting quality.

Qualifications

Bachelor’s degree;

Years Of Experience

1-3 year