Budgeting Analyst // BLR WORLD

Job title: Budgeting Analyst // BLR WORLD

Company: BLR World


Job description: Job DescriptionTitle: Commercial CoordinatorContract Type: PermanentJoining Date: ImmediatelyWork Location: Dubai, UAEAbout BLR WORLDBLR WORLD is an award-winning talent consultancy for the culture, entertainment and events sectors, enabling organisations to plan, staff and operate unique permanent and temporary visitor experiences with the very best people.Our core services are HR Consultancy, Recruitment, Training, and Operations. We find brilliant people, create high performing teams, design environments and training to help them thrive, then manage them seamlessly on the ground. The result? One-of-a-kind experiences delivered by energised and enthusiastic teams, exceeding the highest standardsPOSITION OVERVIEW:The Budgeting Analyst will play a key role in managing budgets and controlling costs to ensure financial efficiency in all company operations. The role involves tracking, analyzing, and reporting financial performance, collaborating with various departments to optimize spending, and maintaining a comprehensive understanding of all costs associated with projects and operations.KEY RESPONSIBILITIES:Budget Management:

• Develop, maintain, and monitor project and operational budgets.
• Collaborate with project teams to establish realistic budget forecasts.
• Provide periodic budget updates to senior management

Cost Control:

• Monitor all expenses and ensure they align with approved budgets.
• Identify cost-saving opportunities without compromising quality.
• Investigate and resolve discrepancies in cost reporting.

Financial Reporting:

• Prepare regular budget reports, including cost projections, and variance analysis.
• Maintain accurate records of all financial transactions and budgets.
• Present financial insights to support decision-making.

Vendor and Contract Management:

• Review and negotiate contracts to ensure value for money.
• Maintain relationships with vendors to secure competitive pricing.
• Ensure timely processing of invoices and payments.

Collaboration:

• Work closely with operations managers, project managers, procurement teams, and department heads to understand cost requirements.
• Provide financial guidance and support to ensure adherence to budgets.

Compliance:

• Ensure compliance with company policies, legal regulations, and contractual obligations related to costs and budgets.
• Support audits by providing necessary financial documentation.

Qualifications & Skills:

• Education: Bachelors degree in Finance, Accounting, Business Administration, or a related field.
• Experience: 3+ years of experience in budget management, financial analysis, or cost control.
• Technical Skills: Advanced Google Sheets and Excel skills.
• Communication Skills: Strong verbal and written communication skills for presenting financial data to stakeholders.
• Analytical Skills: High attention to detail, with the ability to interpret and analyze complex financial data.
• Organizational Skills: Excellent time management and multitasking abilities to meet deadlines.
• Languages: Proficient in English and Arabic

KEY ATTRIBUTES:

• Proactive approach to problem-solving and cost efficiency.
• Strong interpersonal skills to build effective working relationships.
• Ability to work independently and collaboratively in a fast-paced environment.

Expected salary:

Location: Dubai

Job date: Tue, 10 Dec 2024 23:15:18 GMT

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