Specialist, Budget & Costing

AL-AYUNI Investment and Contracting Company; Riyadh; On-site; SAR 134,000 - 201,000; Full time

Job summary

AL-AYUNI Investment and Contracting Company is seeking a Specialist II in Budget & Costing to support budgeting, forecasting, costing, and financial reporting. You will prepare management reports and dashboards and monitor budget performance to inform business decisions.

Responsibilities include developing cost analyses, maintaining costing models, and coordinating with operations and project teams to ensure billing accuracy. Advanced Excel and Power BI skills are essential.

Qualifications

• Bachelor’s degree in finance, accounting, business administration, economics, or related field.
• 4–7 years of budgeting, costing, financial analysis, or management reporting experience.
• Advanced Microsoft Excel; strong Power BI data visualization skills.

Responsibilities

• Assist in preparing annual budgets, forecasts, and business plans.
• Consolidate budget inputs from multiple departments and prepare supporting schedules.
• Maintain budgeting templates, financial models, and planning databases.

Skills

Excel

Power BI

Data analysis

Reconciliation

SQL

Education

Bachelor’s degree in finance, Accounting, Business Administration, Economics, or related field

Tools

SAP

Oracle

Microsoft Dynamics

Job description

Specialist II, Budget & Costing is responsible for supporting budgeting, forecasting, costing, financial reporting, and performance analysis activities. The role provides accurate financial insights, prepares management reports and dashboards, monitors costs and budget performance, and supports business decision-making through data analysis.

Key Responsibilities

Budgeting & Forecasting

• Assist in the preparation of annual budgets, forecasts, and business plans.
• Collect, review, and consolidate budget inputs from various departments.
• Prepare supporting schedules, working files, and budget analysis reports.
• Maintain budgeting templates, financial models, and planning databases.
• Support the Budget & Costing Manager in forecasting and planning activities.

Costing & Cost Analysis

• Assist in preparing cost analyses for manpower, equipment, projects, and operational activities.
• Identify significant cost variances.
• Support the development and maintenance of costing models and rate calculations.
• Assist in the preparation, review, and reconciliation of customer billing and invoicing data.
• Validate billing information against approved rates, contracts, timesheets, and supporting documentation.
• Coordinate with Operations, Projects, Payroll, and other stakeholders to ensure billing accuracy.
• Support monthly billing cycles and ensure timely invoice preparation and submission.
• Investigate and resolve billing discrepancies and reconciliation issues.
• Prepare billing analysis reports and support revenue tracking activities.
• Reconcile PO with timesheets & Billing
• Create contracts in Oracle for projects
• Prepare recurring financial and operational reports.
• Support monthly, quarterly, and annual reporting requirements.
• Assist in preparing presentations and reports for management meetings.

Business Intelligence & Reporting

• Develop and maintain reports and dashboards using Power BI.
• Support reporting automation and continuous improvement initiatives.
• Validate data accuracy and consistency across reports and dashboards.
• Generate ad-hoc reports and analyses as requested by management.
• Extract, validate, and reconcile data from ERP systems and other data sources.
• Assist in improving reporting processes and data quality controls.
• Ensure the confidentiality and integrity of financial and business information.

Additional Responsibilities

• Perform any other duties, assignments, analyses, or special projects as directed by the Budget & Costing Manager or Finance Management.
• Provide support for departmental initiatives and continuous improvement projects as required.

Qualifications

• Bachelor’s degree in finance, Accounting, Business Administration, Economics, or a related field.
• 4–7 years of experience in budgeting, costing, financial analysis, or management reporting.

Technical Skills

• Advanced Microsoft Excel, working knowledge of Microsoft Power BI, including dashboard development and data visualization.
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.
• Strong analytical, reporting, reconciliation, and data management skills.

Core Competencies

• Budgeting & Forecasting
• Data Analysis & Visualization
• Attention to Detail
• Time Management
• Teamwork and Collaboration

Preferred Qualifications

• Experience in construction, equipment rental, logistics, industrial services, or related industries.
• Knowledge of Power Automate, SQL, or other reporting tools is an advantage.
• Professional certifications such as CMA, ACCA, or equivalent are preferred but not required.