Strategic Budget & Costing Analyst

AL-AYUNI Investment and Contracting Company; Saudi Arabia; On-site; SAR 180,000 - 240,000; Full time

Job summary

AL-AYUNI Investment and Contracting Company is seeking a Specialist II, Budget & Costing to support budgeting, forecasting, costing, financial reporting and performance analysis. The role provides accurate financial insights, prepares management reports and dashboards, monitors costs, and supports business decision-making through data analysis.

The incumbent will work across budgeting, costing, billing, and financial reporting processes, develop Power BI dashboards, and coordinate with multiple

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.
• Proficient in Excel, Power BI, ERP systems, and data reconciliation.

Responsibilities

• 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.
• Assist in preparing cost analyses for manpower, equipment, projects, and operational activities.
• Identify significant cost variances and support costing models and rate calculations.
• Assist in the preparation, review, and reconciliation of 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.
• 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.
• 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.

Skills

Excel advanced

Power BI

ERP knowledge

Data analysis

Education

Bachelor's degree in Finance/Accounting/Business Admin/Economics

Tools

SAP

Oracle

Microsoft Dynamics

Job description

AL-AYUNI Investment and Contracting Company is seeking a Specialist II, Budget & Costing to support budgeting, forecasting, costing, financial reporting and performance analysis. The role provides accurate financial insights, prepares management reports and dashboards, monitors costs, and supports business decision-making through data analysis.

The incumbent will work across budgeting, costing, billing, and financial reporting processes, develop Power BI dashboards, and coordinate with multiple