Specialist Budget & Costing

About the Role

Al-Ayuni Investment and Contracting Company is seeking a Specialist II, Budget & Costing to join their team in Riyadh. This full-time role is responsible for supporting budgeting, forecasting, costing, financial reporting, and performance analysis activities. The Specialist II provides accurate financial insights, prepares management reports and dashboards, monitors costs and budget performance, and supports business decision-making through data analysis. The position requires 2-5 years of relevant experience.

Key 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, and 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 Purchase Orders with timesheets and billing.
• Create contracts in Oracle for projects.

Financial Reporting and Analysis

• Prepare recurring financial and operational reports.
• Support monthly, quarterly, and annual reporting requirements.
• Assist in preparing presentations and reports for management meetings.

Business Intelligence and 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 Duties

• 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.

Experience Required

Candidates should possess 2-5 years of experience in a relevant field.