Budget Execution Sr. Specialist
Job Description
• Support in clarifying budget variations and making necessary adjustments to ensure the departmental budgets are implemented as per the plan and the company’s internal processes.
• Support the monitoring of departments / divisions’ budget and spending, and review monthly
financial reports on budget against costs in order to analyse variances, report reasons in a timely
manner, and discuss ideal treatment method of additional expenses.
• Support in the analysis and identification of appropriate cost control mechanisms in order to ensure
timely corrective action is deployed to mitigate budget variations.
• Collaborate with the finance department to develop financial controls framework taking into
consideration industry best practices, financial risk management procedures etc., to establish
financial information sharing, communication and reporting standards in a timely manner.
• Effectively collaborate with the financial planning department and SPL divisions for budget
submission in order to develop financial reports based on forecasting, projecting and financial
planning in a timely and accurate manner, and in line with Saudi Post’s policies and procedures.
• Liaise with all concerning departments to ensure accurate information, in time reporting and to
coordinate the justifications for variances between plans and actual as part of the reports.
Skills
Instills Trust Drives Results Customer Focus Collaborates Financial Reconciliation Regulatory Financial Reporting Budgeting & Control Financial Controls
Job Location Riyadh, Saudi Arabia Job Role Other Years of Experience Min: 3 Max: 4
