Budget Specialist Jobs in Riyadh

About the Role

Tbar Holding is seeking a detail-oriented and analytical Financial Analyst to join its finance team in Riyadh, Saudi Arabia. This full-time position requires a minimum of 5 years of experience in financial analysis or similar roles. The Financial Analyst will play a crucial role in analyzing financial data, developing forecasts, and providing insights that support strategic decision-making and drive business performance. This role is integral to evaluating financial performance, preparing comprehensive reports, and supporting essential planning activities within the organization.

Key Responsibilities

• Analyze financial data to identify key trends, variances, and critical business drivers.
• Prepare monthly, quarterly, and annual financial reports for management review.
• Develop and maintain robust financial models and forecasting tools.
• Support the annual budgeting and ongoing financial planning processes.
• Evaluate financial performance against established budgets and forecasts, highlighting deviations and their impact.
• Conduct detailed cost analysis and provide actionable recommendations for cost optimization and efficiency improvements.
• Assess potential investment opportunities and evaluate associated financial risks.
• Collaborate effectively with cross-functional teams to provide financial insights and support informed business decisions.

Qualifications and Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a closely related field.
• A minimum of 5 years of progressive experience in financial analysis or comparable roles.
• Proven experience in developing and utilizing financial models for forecasting and analysis.

Skills and Competencies

• Financial Analysis
• Financial Modeling
• Forecasting
• Budgeting
• Financial Planning
• Cost Analysis
• Investment Analysis
• Risk Assessment
• Financial Reporting
• Data Analysis
• Strategic Decision-Making
• Business Performance Evaluation

Additional Information

This is a full-time position based in Riyadh, Saudi Arabia. A professional certification such as CFA or an equivalent is considered a strong asset for this role.

About the Role

Talent Blueprint FZ LLC is seeking a Budget & Procurement Manager for an immediate start in Riyadh, Saudi Arabia. This contract role will support a major football tournament project, requiring expertise in budgeting, financial management, and procurement operations. The successful candidate will be responsible for ensuring the financial integrity and efficient execution of project resources. The project is scheduled to run from the immediate start date until March 1, 2027.

Key Responsibilities

• Lead and manage the entire budgeting cycle, including planning, forecasting, tracking, and detailed variance analysis.
• Develop and maintain comprehensive budget models for precise financial planning and control.
• Oversee all procurement operations, including strategic vendor sourcing, negotiations, purchasing processes, and contract management.
• Ensure strict adherence of procurement and financial activities to approved project budgets.
• Provide strategic financial recommendations, identify cost-saving opportunities, and conduct risk assessments.
• Prepare and present detailed financial reports to senior leadership.
• Coordinate with suppliers and internal project teams to facilitate smooth project delivery.
• Maintain meticulous financial documentation and ensure compliance with relevant regulations for audits.

Qualifications and Requirements

• Must currently be located in the Kingdom of Saudi Arabia with your own valid Iqama. The company will not provide or transfer Iqamas.
• Fluency in Arabic is essential.
• Bachelor's degree in Finance, Accounting, Business Administration, or a closely related field.
• A minimum of 10 years of progressive experience in finance, budgeting, and procurement.
• Experience managing large-scale events or projects is a significant advantage.
• Exceptional budgeting skills with a proven track record of managing complex budgets and implementing cost control measures.
• Strong analytical, numerical, and reporting abilities.
• Proven experience in procurement negotiations and vendor management.
• Ability to perform effectively under pressure in a fast-paced and demanding environment.
• Availability to join the project immediately and commit to the contract duration until March 1, 2027.

Required Skills

• Budgeting
• Financial Planning
• Forecasting
• Variance Analysis
• Procurement Management
• Vendor Sourcing
• Negotiations
• Purchasing
• Contract Management
• Financial Reporting
• Risk Assessment
• Financial Documentation
• Compliance Management
• Analytical Skills
• Numerical Abilities
• Reporting Abilities
• Vendor Management
• Working Under Pressure
• Adaptability to Fast-Paced Environments

Work Context

This is a contract role based in Riyadh, Saudi Arabia, supporting a major football tournament project. The duration of the contract is until March 1, 2027, with an immediate start date. The work type is contract.

About the Role

CEER is seeking a motivated and analytical Senior Specialist, Financial Planning and Analysis to join its Strategy and Controlling team in Riyadh, Saudi Arabia. This role is essential for supporting financial planning, budgeting, and reporting processes, ensuring alignment with CEER's strategic objectives and providing actionable insights to enhance business performance.

Key Responsibilities

• Develop and execute financial models and business plans that align with CEER’s strategic objectives.
• Support the annual budgeting process and rolling forecasts in coordination with divisional finance teams.
• Consolidate financial reporting across business units, driving cost optimization and operational efficiency through analysis.
• Develop and embed variance analysis logic within financial models and enterprise planning systems for performance monitoring and data-driven decision-making.
• Conduct comprehensive variance analysis (Actuals vs. Budget vs. Forecast vs. Prior Year), delivering actionable insights and presenting executive summaries and dashboards.
• Ensure financial reporting adheres to IFRS, ZATCA, and SOCPA regulatory frameworks.
• Align ERP system reporting (*, EBIT, product cost, market results) with legal entity accounting and management insights.
• Develop short-term solutions for top management reporting needs and ad-hoc financial requests.
• Collaborate with divisional cost controlling teams to align financial inputs and support operating decisions.
• Identify and propose process improvement opportunities across financial planning and business functions.
• Prepare clear and strategically relevant financial presentations and reports for stakeholders.

Qualifications and Requirements

• Bachelor's Degree in Finance, Accounting, or an equivalent field.
• A minimum of 3 years of experience in a relevant financial planning and analysis role.
• Experience in financial modeling and business planning.
• Proficiency in budgeting and financial reporting.
• Demonstrated ability to drive cost optimization and enhance operational efficiency.
• Strong experience with variance analysis.
• Knowledge of IFRS, ZATCA, and SOCPA regulatory frameworks.
• Familiarity with ERP systems and their reporting capabilities.
• Excellent collaboration skills, characterized by clear communication, information sharing, and valuing team contributions.
• An innovative mindset, capable of generating new ideas and solutions, and taking initiative.
• A results-driven approach, focused on creating and implementing standards of excellence for consistent improvement and efficiency.
• Adaptability and resilience, with the ability to respond to changing circumstances and overcome challenges.
• Strong customer focus, with the ability to understand and anticipate internal and external customer needs.

Required Skills

• Financial Modeling
• Business Planning
• Budgeting
• Financial Reporting
• Cost Optimization
• Operational Efficiency
• Variance Analysis
• IFRS
• ZATCA
• SOCPA
• ERP Systems
• Collaboration
• Innovation
• Results Driven
• Adaptability and Resilience
• Customer Focus

Work Environment and Details

This full-time position is based in Riyadh, Saudi Arabia. The role requires 2-5 years of relevant experience. The Senior Specialist will work within the Strategy and Controlling team, contributing to financial planning and analysis across the organization.

Our company is looking for a General Accountant to join its financial team, possessing strong analytical skills and the ability to manage accounts accurately. Your responsibilities will include preparing financial reports, following up on accounting entries, and contributing to the improvement of financial processes. We are committed to providing a stimulating work environment and opportunities for professional development.