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Job Description
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.
Skills
Competencies Fluency in English (oral and written)Excellent interpersonal and communication skills with the ability to understand cultural diversitiesHigh-level organizational and operational abilitiesExtensive budgeting, contracts, and procurement skillsStrong attention to detail with a high degree of accuracy and result-orientedBeing capable of prioritizing work Excellent reporting and presentation skills Excellent tactical, analytical and critical thinking skills Ability to respond flexibly and positively in all circumstances, and to work calmly under pressure Excellent numerical, analytical, and problem-solving skills Ability to exercise good judgment and discretion, especially with regards to sensitive or confidential personnel or organizational matters Excellent knowledge of Excel, PowerPoint, Accounting systems, Communications, MIS · Proficiency in Microsoft Office Excellent knowledge of GAAP reporting requirements Experience in working with SAP systems.QualificationsBachelor’s degree in Accounting, Finance, or related fieldExperienceAt least three (3) years of work experience in a similar role.
Job Details
Job Location
Jeddah , Saudi Arabia
Company Industry
Higher Education; IT Services
Company Type
Employer (Private Sector)
Employment Type
Unspecified
Monthly Salary Range
Unspecified
Number of Vacancies
1
Preferred Candidate
Career Level
Entry Level
Years of Experience
Min: 3
Residence Location
Jeddah ,Saudi Arabia
Nationality
Saudi Arabia
Degree
Bachelor’s degree / higher diploma
