ROLES AND RESPONSIBILITIES
Guidelines and Timetable Development
- Develop and communicate financial planning timetable
- Guide the development of financial forecasting forms, models and tools and train relevant stakeholders in Tahakom functions on their utilization
- Contribute to the development of budget policies, procedures and timetable based on developed strategy
- Guide the development of budget development forms, models and tools and train relevant stakeholders in Tahakom functions on their utilization
Financial Planning
- Revise financial statements against previous financial plans to identify progress against pre-set objectives and targets
- Provide support in the development of revenue forecasts for Tahakom products and services
- Translate department execution plans and KPIs into financial figures and derive direct CAPEX and OPEX inputs
- Contribute to the process of negotiation and validation of financial forecasts with relevant stakeholders to reach a consensus and finalize 3-year rolling forecasts
Budget Development
- Determine budget caps including CAPEX and OPEX spending based on financial forecasts
- Participate in top-down and bottom-up budget negotiation activities and align with Tahakom departments to estimate expenditure requirements
- Communicate and adopt budget preparation plan and all budget documents with relevant stakeholders
- Support the development of final budget and ensure accordance with business practices
Budget Tracking and Reporting
- Review purchase requests to ensure they are within budget and meet the guidelines of budget expenditure
- Provide support, when needed, in the variance analyses to pinpoint discrepancies between forecasted and actual expenses and ensure corrective actions are implemented
- Conduct appropriate assessments, analyze supporting business cases and obtain needed approvals in order to support the management of budget modification
- Contribute to the development, revision and update of financial policies to meet Tahakom needs related to budgeting, planning and reporting
- Develop annual coding plan defining relationships between all account structures
- Review ad-hoc and periodical reports and submit to top management
Job Details
| Posted Date: | 2024-11-04 |
| Job Location: | Saudi Arabia - Riyadh |
| Job Role: | Finance and Investment |
| Company Industry: | IT Services |
Preferred Candidate
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فرص عمل فى السعودية,Financial Reporting Specialist Job - TAHAKOM وظائف خالية فى السعودية