Budgeting & Financial Analyst - Acuative ME job in saudi

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Position Summary

The Budgeting and Financial Analyst oversees the areas of strategic initiatives operations, financial systems and procedures development/implementation, budgeting, and long-term financial planning in alignment with the KAUST financial policies.

Scope of Work

  • Prepares the budget and administers all financial related matters for numerous strategic programs, initiatives, and scholarships.
  • Oversee the budget implementation, system entry, tracking, financial modeling, financial forecasting, procurement and contracting, and design of various databases to manage the scope of all the programs and initiatives.
  • Analyze complex financial information, produce accurate financial reports, and provide timely recommendations for decision making purposes by management.
  • Design and develop financial forecasting models, budget policy, economic development proposal, and various types of trend analysis
  • Develop and evaluate financial performance measures and benchmarks
  • Develop monthly financial reports of all programs, expense reports, journal entries, contract reconciliation, petty cash & advance reconciliation, payment transactions, and invoices among other financial matters.
  • Work closely with and support each program with various needs such as contracts, payments, financial issues and budgets, event management, writing of policies and procedures, and systems support. Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
  • Design and develop financial plans, including maintaining and updating the model for both operating and capital improvement plans
  • Promote consistency of multi-year financial plans and annual budgets
  • Review all financial requests submitted for approval to ensure all requests are completed and within department procedures and guidelines.
  • Carrying out operational processes as requested, including and not limited to: posting payments, food service requests, time management reporting, creating payment authorization forms etc.
  • Perform other applicable tasks and duties assigned within the realm of the employee’s knowledge, skills and abilities in the field of his/her position.

Job Details

Posted Date: 2022-04-02
Job Location: Jeddah , Saudi Arabia
Company Industry: Higher Education; IT Services

Preferred Candidate

Career Level: Entry Level
Nationality: Saudi Arabia
Degree: Bachelor's degree


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