Budget Specialist

Philippine Business For Social Progress, Inc.; Mandaluyong; On-site; PHP 334,800 - 558,000; Full time

Job summary

A local non-profit organization is seeking a finance professional to manage budget development and financial analysis. Responsibilities include preparing reports, coordinating with departments for budgeting, and analyzing financial data. Candidates with a relevant degree are encouraged to apply, including fresh graduates. Strong analytical and communication skills are essential.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field is mandatory.
• Fresh graduates with a BSA degree are welcome.
• Strong knowledge of budgeting, forecasting, and financial software and tools.

Responsibilities

• Develop and monitor the annual budget with department heads.
• Analyze financial data for trends and cost-saving opportunities.
• Prepare detailed financial reports for stakeholders.

Skills

Analytical skills

Communication skills

Attention to detail

Problem-solving skills

Computer literacy

Education

Bachelor’s degree in Finance, Accounting, Economics, or related field

Tools

Excel

ERP systems

Job description

A. Budget Development and Management

1. Develop, implement, and monitor the annual budget in collaboration with department heads.
2. Prepare detailed budget reports, forecasts and variance analyses.
3. Ensure alignment of budget allocations with organizational goals and financial guidelines.

B. Financial Analysis

1. Analyze financial data to identify trends, variances, and opportunities for cost savings.
2. Conduct regular reviews of budget performance and recommend corrective actions as needed.
3. Provide financial insights and recommendations to support strategic decision-making.

C. Reporting and Documentation

1. Prepare monthly, quarterly and annual financial reports for management and stakeholders.
2. Maintain accurate and organized budget records and documentation.
3. Ensure compliance with internal policies and external regulations.

D. Collaboration and Support

1. Work closely with various departments to gather budgetary information and provide guidance on budget preparation and management.
2. Assist in the development and implementation of financial policies, procedures, and systems.
3. Provide training and support to staff on budget-related matters.

E. Continuous Improvement

1. Identify and implement process improvements to enhance the efficiency and effectiveness of budget management.
2. Stay updated on industry best practices and emerging trends in financial management and budgeting.

F. Others

1. Monitoring and analyzes project obligations and commitments.
2. Monitoring and coordination of Liability Confirmation Letters to Vendors or Suppliers.

Education: Bachelor’s degree in Finance, Accounting, Economics, or related field. Fresh graduates with a BSA degree are welcome to apply.

Other / Special Skills: Computer literate; Good analytical, communication and interpersonal skills; strong knowledge of budgeting, forecasting, and financial software and tools (e.g. Excel, ERP systems). Excellent analytical, organizational, and problem-solving skills. Strong communication and interpersonal skills. Attention to detail and ability to work under tight deadlines.