Budgeting & Cost Control Specialist

Confidential Careers; Riyadh; On-site; SAR 60,000 - 90,000; Full time

Job summary

Confidential Careers is seeking a Budget Analyst to support budgeting and cost-control activities. You will assist in preparing annual budgets, monitor expenses against plans, and prepare management reports using Oracle or other ERP systems.

The role requires a Bachelor's in finance or related field and 1–2 years in budgeting or financial analysis. Strong Excel and PowerPoint skills, attention to detail, and good stakeholder coordination are essential.

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or related field.
• 1–2 years of budgeting, accounting, financial analysis, cost control, or management reporting.
• Fresh graduates with relevant internship or cooperative training may be considered.
• Basic understanding of budgeting cycles, expense monitoring, CAPEX, and variance analysis.

Responsibilities

• Assist in preparing annual budgets and periodic forecasts.
• Collect and consolidate budget requirements from relevant departments.
• Monitor actual revenue and expenses against approved budgets.
• Support the preparation of budget variance analysis and highlight significant deviations.
• Assist in monitoring CAPEX budgets and expenditures.
• Prepare periodic budget, cost-control, and performance reports.
• Maintain accurate budget data and supporting documents within Oracle or other ERP systems.
• Support management reporting and ad hoc financial analysis as required.
• Coordinate with internal stakeholders to follow up on budget-related information.
• Ensure compliance with approved budgets, financial policies, and internal procedures.

Skills

Strong numerical skills

Analytical thinking

Attention to detail

Good communication

Education

Bachelor’s degree in finance, accounting, business administration, or related field

Tools

Microsoft Excel

PowerPoint

Oracle ERP

Job description

To support the budgeting and cost-control activities by assisting in budget preparation, monitoring actual expenses against approved budgets, preparing reports, and ensuring accurate financial data is maintained.

Key Responsibilities

• Assist in preparing annual budgets and periodic forecasts.
• Collect and consolidate budget requirements from relevant departments.
• Monitor actual revenue and expenses against approved budgets.
• Support the preparation of budget variance analysis and highlight significant deviations.
• Assist in monitoring CAPEX budgets and expenditures.
• Prepare periodic budget, cost-control, and performance reports.
• Maintain accurate budget data and supporting documents within Oracle or other ERP systems.
• Support management reporting and ad hoc financial analysis as required.
• Coordinate with internal stakeholders to follow up on budget-related information.
• Ensure compliance with approved budgets, financial policies, and internal procedures.

Qualifications & Experience

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
• 1–2 years of experience in budgeting, accounting, financial analysis, cost control, or management reporting.
• Fresh graduates with relevant internship or cooperative training experience may be considered.
• Basic understanding of budgeting cycles, expense monitoring, CAPEX, and variance analysis.
• Familiarity with Oracle or other ERP systems is preferred.
• Proficiency in Microsoft Excel and PowerPoint.
• Strong numerical, analytical, and attention-to-detail skills.
• Good communication and stakeholder coordination skills.
• Experience in banking, fintech, or retail is preferred but not required.