100000002792.Budget and Planning Specialist

Qatar Foundation; Qatar; On-site; QAR 167,400 - 279,000; Full time

Job summary

A prominent educational institution in Qatar is seeking a finance professional to oversee operational financial planning and reporting. Responsibilities include analyzing financial results, preparing budgets, and producing reports for executive meetings. The ideal candidate should hold a Bachelor's degree in Accounting or Finance, have 2-5 years of relevant experience, and strong analytical skills. Proficiency in ERP systems and MS Office is required, and knowledge of Arabic is an advantage.

Qualifications

• Bachelor's degree in Accounting or Finance is mandatory.
• 2-5 years of relevant work experience required.
• Excellent analytical and financial modelling & reporting skills are essential.

Responsibilities

• Analyze financial results and monitor variances monthly.
• Prepare and verify fund transfer requests.
• Produce financial reports for committee meetings.

Skills

Analytical skills

Financial modelling

Reporting skills

Interpersonal skills

Communication skills

Proficiency in Arabic

MS Office proficiency

Education

Bachelor's degree in Accounting or Finance

CPA, ACCA, MBA or equivalent

Tools

ERP systems

Job description

To ensure effective operational financial planning, monitoring and reporting.

KEY RESULT AREAS

• Analyze financial results and variances on a monthly basis for all departments
• Establish, maintain, and coordinate the implementation of budgeting procedures in line with QF Finance policies and procedures
• Responsible for the preparation and verification of fund transfer requests (AFE) for all departments
• Produce financial reports for executive committee meetings and board meetings as requested
• Provide historical and analytical information to facilitate Annual Plan preparation and presentation. Prepare and/ or review a wide variety of costing and budgeting reports as requested
• Work with QNL budget holders to prepare budget projections; monitor and update projections Manage and upload budgets into the Hyperion system when the budget cycle opens
• Manage and consolidate the annual budget carry-over process as requested
• Prepare reconciliations of all accounts on monthly and yearly basis
• Do maintenance of accounts
• Responsible for Budget redistribution
• Prepare budget and actuals reports on monthly and yearly basis
• Maintain appropriate financial records and files
• Identify budget issues, provide alternative solutions and resolve issues
• Assist with the submission of budget data, identify and correct errors or discrepancies, and provide clarifications on significant budget variances
• Prepare and manage supplementary budget requests
• Work closely with QNL Procurement to ensure proper account coding for each request and receive up-to-date encumbrance balances
• Other tasks as assigned

Minimum Knowledge, Skills & Experience:

• Bachelor's degree in Accounting or Finance
• CPA, ACCA, MBA, or equivalent preferred
• 2-5 years of relevant full-time work experience
• Excellent analytical and financial modelling & reporting skills
• Understanding of enterprise resource planning (ERP) systems
• Strong interpersonal, communication, and presentation skills
• Good writing skills, with the ability to draft and edit a variety of written reports and communications, and articulate ideas clearly and concisely; proficiency in Arabic an advantage
• Proficiency in MS Office applications