Job Summary
The Budgeting Manager is responsible for leading the development of comprehensive financial models, driving business performance forecasting, and overseeing advanced financial analysis and reporting across all business units. This role acts as a key strategic partner to ensure financial plans align with company goals.
Principal Duties & Job Description
Financial Planning & Budgeting Leadership: Lead and manage the comprehensive annual budgeting, rolling forecasting, and multi-year long-range planning cycles across all business units. Partner strategically with department heads to define financial targets, establish operational plans, and ensure strict alignment with overall corporate goals. Strategic Financial Modeling: Oversee the design, development, and maintenance of robust, scalable financial models that accurately project the unique revenue and cost structures of each business line (including Saa S and cloud service models). Advanced Financial Reporting: Direct the preparation and delivery of detailed monthly, quarterly, and annual financial reports. Conduct in-depth variance analysis against budgets and forecasts, and synthesize data into strategic presentations for senior management and the board. Performance & Driver Analysis: Manage the ongoing analysis of key business, revenue, and cost drivers to project future performance accurately, identifying opportunities for cost optimization and profit maximization. Process Improvement & Automation: Continuously identify and drive process improvements to streamline FP&A workflows and financial reporting. Lead automation initiatives and implement best practices to enhance data accuracy, efficiency, and clarity, fostering a fast and agile decision-making culture.
Qualification Requirements
Education Bachelor's degree in Finance, Accounting, or a related field. A master's degree in finance/accounting is a plus. Work Experience A Minimum 5 to 7 years of progressive experience in financial planning and analysis. Experience within the technology sector, particularly with Saa S, cloud services, or IT consulting business models, is highly preferred. Certification/License CMA, CFA, or similar professional certification is a plus. Language Skills Fluency in both Arabic and English Functional Job Competencies Budgeting and Financial Planning: Ability to develop, implement, and manage budgets, including operating, capital, and project budgets. This involves estimating revenues and expenditures, aligning budget proposals with organizational goals, and establishing processes for budget creation and approval. Financial Modeling & Performance Analysis: The ability to build and maintain complex financial models to produce accurate reports, conduct in-depth analysis, and provide actionable insights into business performance. Data Analysis: The ability to collect, interpret, and make sense of large and complex datasets is fundamental. This skill helps in identifying patterns, optimizing business performance, and making informed decisions. Planning Process Improvement & Automation: Knowledge of financial systems and a proven ability to identify and implement new processes or technologies to streamline reporting and planning activities. Accounting Financial Management Principles: A solid understanding of IFRS accounting principles is a must to check the accuracy and integrity of financial data and reports used for planning and analysis. Revenue & Cost Driver Analysis : The ability to identify and analyze the key financial drivers (e.g., pricing, volume, labor costs) that directly impact the company's profitability and business unit performance.