Infrastructure & Operations Budgeting Assistant Manager

Saudi Telecom Company; Saudi Arabia; On-site; SAR 180,000 - 240,000; Full time

Job summary

Saudi Telecom Company is seeking an Infrastructure & Operations Budgeting Assistant Manager to oversee financial and project performance, set financial plan guidelines, and communicate targets to ensure clear long-term direction through approved financial plans.

You will monitor budget implementation through variance analysis, compile periodic planning reports, contribute to CAPEX and OPEX envelopes, and support cost optimization and strategy aligned with corporate policies.

Qualifications

• Bachelor degree in Finance or Business Administration.
• 5+ years of experience in Infrastructure Budgeting, telecom preferred.
• Professional certifications CFA, CPA preferred.

Responsibilities

• Monitor and review financial performance of Infrastructure and Operations; provide recommendations.
• Monitor and review budget performance; evaluate results against objectives; provide recommendations.
• Monitor and review performance against budget and objectives; provide recommendations as needed.
• Compile periodic and year-end planning and forecasting reports.
• Set financial plan guidelines and communicate targets for long-term direction with approved financial plans.
• Set budget plan guidelines and communicate targets to ensure long-term direction in the form of approved budget target.
• Provide analysis of the financial plans in terms of KPIs (ROIC, profitability, growth, capital efficiency, liquidity, free cash flow).
• Review and consolidate budget estimates from Infrastructure and Operations to assess compliance with plans and guidelines.
• Monitor cost optimization during budget review and ensure BEP adherence.
• Contribute to capex/BEP programs with responsible teams.
• Review PO extension (POA) requests and approve per HUB authority matrix.
• Develop and distribute CAPEX and OPEX envelopes.
• Review and analyze ad-hoc budget requests (CAPEX-OPEX).
• Consolidate variance reports for all CapEx & O&M projects.
• Develop CAPEX plan.

Skills

Budgeting

Financial Analysis

Variance Analysis

Capex/Opex Planning

Cost Optimization

Education

Bachelor's Degree in Finance or Business Administration

Tools

HUB system

Job description

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Infrastructure & Operations Budgeting Assistant Manager

The role holder is responsible for monitoring and reviewing financial performance and project performance of the Infrastructure , and to Set financial plan guidelines and communicate targets to ensure that Infrastructure has clear long term direction in the form of approved financial plans, in addition to monitor the progress of budget implementation through variance analysis, and to assess and prepare Infrastructure budget annually. The role holder shall carry out his duties in accordance with the stipulated business policies and procedure

Job Responsibility

• Monitor and review financial performance of the Infrastructure and Operations, evaluate results against strategic objectives and provide recommendations
• Monitor and review budget performance of the Infrastructure and Operations, evaluate results against strategic objectives and provide recommendations
• Monitor and review the performance of the Infrastructure and Operations, evaluate results against provided budget and objectives and provide recommendations if necessary
• Compile periodic and year-end planning and forecasting reports in line with corporate requirements
• Set financial plan guidelines and communicate targets to ensure that Infrastructure and Operations have clear long term direction in the form of approved financial plans
• Set budget plan guidelines and communicate targets to ensure that Infrastructure and Operations have clear long term direction in the form of approved budget target
• Provide analysis of the financial plans in terms of KPIs, covering areas such as return on capital, profitability, growth, efficiency of capital employed, capital structure, liquidity, free cash flows, etc

Job Responsibility (cont.)

• Review and consolidate budget estimates received from Infrastructure and Operations to assess whether they comply with agreed plans and other strategic guidelines on expenditure
• Monitor and Review cost optimization efforts during budget review – follow up on Infrastructure and Operations adherence to cost optimization efforts
• Contribute effectively in capex/ business efficiency program (BEP) with concerned’ s responsible
• Contribute effectively in business efficiency programs with concerned’ s responsible
• Review of PO extension (POA) requests received from sectors and approve as per authority matrix defined in HUB system.
• Develop and distribute CAPEX and OPEX envelope.
• Review and analyze ad-hoc budget requests (CAPEX- OPEX)
• Consolidate Variance report for all CapEx & O&M projects
• Develop capex plan

Years of Experience

5 and above

Nature of Experience

Prior experience in Infrastructure Budgeting and specifically in the telecommunication function is strongly preferred

Job Band

Sr. Professional

Skills

Education

Bachelor Degree in Finance or Business Administration

Additional Education

Certifications

Professional certifications such as CFA, CPA, is preferred