Senior Budget Analyst

Position Brief

The Senior Budget Analyst will be responsible for the activities stated below with a focus on Budgeting, Reporting, and Analysis activities, supporting AAFCU Management in achieving unit objectives and SLA / KPI targets, and insuring compliance with Client policies and procedures.

Functional Responsibilities

• Review the annual expenditure budget for new projects and committed contracts before submission to AA Management and Corporate Finance.
• Review the annual billing and collection budget before submission to AA Management and Corporate Finance.
• Ensure accuracy of Budget Tracker - Ensure integrity of data input from all functions, thus insuring accurate forecast and financial performance analysis.
• Review the AA Portfolio before submission to Corporate Finance to ensure accuracy and reasonableness.
• Review financial pre / final approval requests and coordinate with Corporate Finance to obtain the required financial approvals.
• Review credit notes to ensure proper justification and supporting documents before submission to management.
• Review the periodic financial reports and other ad-hoc reports, such as expenditure, revenue, unbilled, payment performance, KPI, dashboard, achievement reports, etc.
• Review the monthly Expenditure Actual Vs. Budget variance analysis and forecast (including Hit and Miss) report for accurate actual duration against plan for each function and accurate analysis of the performance of accountable parties in delivering their targets.
• Review the monthly Billing & Collection Actual Vs. Budget variance analysis and forecast report for accurate analysis of the performance of accountable parties in delivering their targets.
• Review regular reports for AA Management to identify trends and issues and make appropriate recommendations for corrective actions and improvements.
• Lead the financial performance review meetings and follow up on agreed actions for continuous improvements and efficiency.
• Plan and prioritize deliverables and activities to ensure achievement of unit objectives and SLA / KPI targets.
• Prepare roadmaps and assist with developing and implementing new / improvement initiatives to achieve the AAFCU objectives.
• Hold regular team meetings to engage team members in implementation of the new / improvement initiatives.
• Prepare and review Assets Affairs financial management procedures and guidelines, and ensure compliance with Client policies.
• Participate in meetings with management to advise on financial matters.
• Attend meetings with other departments and the Presidents Office as required.
• Ensure the highest standards of professional conduct, ethics and integrity while executing the job duties.
• Prepare handover plan before obtaining annual leave approval and hand over responsibilities to another team member before annual leave.
• Deputize for team leads when required.
• Perform other duties / tasks as required

Qualification:

• Minimum Bachelors Degree in Accounting, Finance or equivalent in relevant discipline

• Education qualification obtained from North America, West Europe, Australia
• Holder of Accreditation from relevant professional bodies or similar would be an advantage
• Holder of Accounting certificate such as CIMA, CMA, CPA or CA would be an advantage
• Holder of current/valid Qatar Driving License would be an advantage/valid Qatar Driving License would be an advantage

Experience:

• Minimum of 12 years finance or accounting experience including minimum of 5 years experience in managing contracts/ projects financial performance and leading a team
• Knowledge and experience in Budgeting and forecasting methods, practices, procedures, regulations and policies
• Knowledge and experience related to change management and process flow documentation
• Minimum 5 years Financial Management experience related to Drainage Assets
• Ability to understand and manage investment process
• Experience of working and mapping the risk to investment
• Experience in Microsoft Office, FCTS, Moazanah and Oracle, Knowledge of Microsoft Office Packages and in particular Microsoft Excel 2010
• Ability to influence and engage with staff at all levels within the Organisation
• Ability to communicate verbally and in writing in English is mandatory.
• Ability to communicate verbally and in writing in Arabic will be an advantage