• Fly Egypt Careers | Budgeting Manager - Finance Department

    Fly Egypt Careers | Budgeting Manager - Finance Department

    Location: Egypt
    Published:

    Job Description

    Fly Egypt is currently seeking to hire a Budgeting Manager

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Gathering budget proposals from departments and compilation of Master Budget.

    • Implementation, Monitoring, and Control of Budgets through timely reporting and meeting with departmental heads

    • Preparation of variance analysis reports and investigating the reason for cost control purpose and to make recommendations

    • Other reporting requirements as advised from time to time.

    • Designing effective budget models for departments and the entire company

    • Analyzing financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget

    • Presenting annual budgets to senior managers

    • Design effective budget models for departments and the entire company

    • Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget

    • Present annual budgets to senior managers

    • Review budget requests for approval

    • Forecast future budget needs



    • Identify variances between actual and budgeted financial results at the end of each reporting period

    • Review the company’s budget for compliance with legal regulations

    • Ensure department managers meet budget submission deadlines

    • Design and implement effective budgeting policies and procedures

    • Review, analysis, and comments for monthly management reporting pack and Financials

    • Preparation of rolling financial forecast its analysis with budget, actual and prior periods.

    • Preparation of annual budgets and monthly cost center wise analysis and reporting of variances.

    • Managing budgets based on authority levels and limits and taking necessary actions to control and reduce cost.

    • Support month-end closing by ensuring that all expenses and provisions are booked to appropriate Accounts.

    • Preparation of monthly Management Accounts and performance measurement reports.

    Job Requirements

    • Proven work experience as a Budget Manager or Budget Analyst

    • Hands-on experience with accounting software and statistical packages

    • Knowledge of MS Excel (specifically, advanced formulas, pivot tables, and charts)

    • Familiarity with forecasting methods and data analysis

    • Excellent numeracy skills with an attention to detail

    • Strong analytical skills

    • Knowledge of accounting best practices and regulations

    • Ability to explain budgeting and financial information in plain terms

    • BSc degree in Accounting, Finance or relevant field, recommended CMA holder.

    • 10 – 15 years’ experience in budgeting out of which 3-5 years in a senior position.

    • English: very good

    Job Details

    Vacancy Type: Full-time Job

    Job Functions: Finance

    Job Location: Egypt

    Application Deadline: N/A

    APPLY HERE

    Apply on Fly Egypt website

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