Job purpose:
To manage and execute the budget, financial planning, revenue-cost control, and Group reporting for the company. Annual revenue, expense, and investment budgets for the company are prepared and presented to senior management. Costs are controlled according to approved budgets. Group reporting is performed in accordance with legal requirements and group policies.

The Budget and Reporting Manager supports the Budgeting and Reporting Director in maintaining financial discipline.

Responsibilities:

1. Managing the budget and planning, revenue/cost control processes of the company and its subsidiaries.
2. Preparing the annual revenue, expense, and investment budgets and related cash flow projections for the company, and relevant variance and change analyses are presented to senior management.
3. Daily reports prepared through processes within operational processes (budget, cost control, revenues, etc.).
4. Coordinate with department heads for budget submissions and performance reviews and relevant reports are submitted to senior management for approval.
5. Monitor departmental spending against approved budgets.
6. Preparation of Monthly Budget vs Actual, reports are reviewed and presented to senior management.
7. Costs are controlled according to approved budgets.
8. Prepares planned and realized budget analyses, variances, and explanations for the previous year; presents these analyses to the Executive Board and senior management of company.
9. Meetings are held with IT and consultants to implement budget planning, reporting, and cost control within the ERP system. Acts as the key user of the system in matters within the scope of responsibility.
10. Prepares and periodically updates the financial model of the company.
11. Financial reporting of the company is prepared in accordance with the regulations and shareholders’ financial reporting framework.
12. Ensure reporting accuracy and compliance with internal policies.
13. Maintain documented budgeting procedures and internal controls.
14. Assist in responding to audit queries and closing financial control gaps.