Currently working as Corporate Budget Manager in Al Gihaz Holding. Their main business is Power Plant installation and commissioning involve in multi billion riyals projects throughout the Kingdom of Saudi Arabia, I am the key responsible person in the budgetary control and cost reporting providing my support with the team of 5 persons. My reporting structure is matrix, report to Budget and Costing Manager, Group Projects Control Manager, CFO and Business Units Managers
Lead development of institutional planning and budgeting process (both revenue and cost), including the development of the budget manual and templates, creation of tools to develop work plans, work with programs developing budgets, and reconciliation of budgets with company financial goals
Develop regular financial reports and analysis forecasting and trending budget performance and institutional financial positioning for VP, Finance, and Operations and Senior Leadership team
Assist the VP of Finance and Operations, Chief Operating Officer, and executive leadership team on special projects that require financial analysis
Lead processes and communications regularly working with department/region budget owners across the organization to monitor and revise budgets throughout the year and life of project(s)
Ensure compliance with current budget and spending policies, and propose improved policies and systems regarding spending guidelines, cost savings, cost allocation, and annual planning
Develop and maintain templates and SOP’s related to budget management
Work with the Finance team to streamline internal financial reports and reporting processes to deliver more efficient, more effective, and more useful reports and analysis
Oversee the preparation of the departmental budgeting templates for budget owners to use (upload historical data, verify data for accuracy and consistency, project annual budget to use as base
Perform quick bottom-line analysis to determine the status of the budget against financial objectives
Perform actual vs budget analysis; provide explanations as needed, Perform ad-hoc analysis
Provide training to staff on budget management processes and systems
