Budget Manager📣 Job Ad
in Al Balad Development Company
about 19 hours ago
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Jeddah |
About the Role
The Manager, Project Budget is responsible for overseeing the financial aspects of projects within the organization, including budget development, forecasting, monitoring, and reporting. This role ensures that all projects are financially aligned with company objectives and are executed within budget. The Manager will collaborate closely with project managers, department heads, and senior leadership to ensure that resources are effectively allocated, costs are controlled, and financial reporting is accurate and timely.
Project Budget Development & Planning
Budget Monitoring & Control
Financial Reporting & Documentation
Collaboration & Cross-Functional Coordination
Strategic Financial Planning
Qualifications
The Manager, Project Budget is responsible for overseeing the financial aspects of projects within the organization, including budget development, forecasting, monitoring, and reporting. This role ensures that all projects are financially aligned with company objectives and are executed within budget. The Manager will collaborate closely with project managers, department heads, and senior leadership to ensure that resources are effectively allocated, costs are controlled, and financial reporting is accurate and timely.
Project Budget Development & Planning
- Budget Creation: Lead the development and preparation of detailed project budgets.
- Cost Estimation: Estimate and allocate costs across project phases.
- Budget Approval: Present project budgets to senior management and stakeholders for approval.
Budget Monitoring & Control
- Ongoing Monitoring: Continuously monitor project expenses.
- Forecasting: Provide regular updates on budget forecasts.
- Cost Control: Develop strategies to control costs and minimize risks.
Financial Reporting & Documentation
- Variance Analysis: Perform analysis of project financials to identify variances.
- Financial Reporting: Prepare financial reports summarizing performance.
- Document Management: Ensure all financial documentation is complete and accurate.
Collaboration & Cross-Functional Coordination
- Collaboration with Project Managers: Work closely with project managers to understand project requirements.
- Stakeholder Communication: Communicate regularly with senior management and external stakeholders.
Strategic Financial Planning
- Resource Allocation: Assist in optimizing resource allocation for projects.
- Risk Management: Identify and assess financial risks.
- Continuous Improvement: Suggest and implement process improvements.
Qualifications
- Bachelor’s or Master’s degree in Finance, Accounting, Business Administration, or a related field.
- 5–8 years of total experience in financial reporting, analysis, budgeting, or accounting, with at least 3 years in a managerial role.
- Experience in Project Budgeting & Forecasting of large-scale construction projects.
- Excellent written and verbal communication skills.
Requirements
- Requires 2-5 Years experience
Similar Jobs
You may also like
- Related Budget Manager Opportunities
- General Accountant Jobs in Dammam
- General Accountant Jobs in Riyadh
- General Accountant Jobs in Medina
- General Accountant Jobs in Jeddah
- General Accountant Jobs in Makkah
- Other Job Fields in Jeddah
- Hairdresser Jobs in Jeddah
- Cashier Jobs in Jeddah
- Customer Service Representative Jobs in Jeddah
- General Accountant Jobs in Jeddah
- Sales Representative Jobs in Jeddah
- Perfume Seller Jobs in Jeddah
- Marketing Manager Jobs in Jeddah
- Maintenance Supervisor Jobs in Jeddah
- Receptionist Jobs in Jeddah
- Secretary Jobs in Jeddah
- Explore Jobs Across Saudi Arabia
- Sweets Maker Jobs in Jeddah
- Quality Manager Jobs in Riyadh
- Reservations Agent Jobs in Jazan
- Branch Manager (Wholesale Store) Jobs in Makkah
- Warehouse Specialist Jobs in Az Zulfi
- Graphic Designer Jobs in Al Qassim
- Nursery Teacher Jobs in Unayzah
- Electrical Supervisor Jobs in Riyadh
- Housekeeper Jobs in Jeddah
- Security Guard Jobs in Tabuk