Description : Budgeting Manager. Company : Juhayna Food Industries. Location : 6th of October
MAIN DUTIES AND RESPONSIBILIETIES:
- Designs effective budget models for departments and the entire company to be able to proceed with the P&L consolidation, Cashflow and Capex reports, Cogs and profitability reports … etc.
- Sets up the suitable long-term financial planning strategies for Juhayna Group
- Analyzes financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget
- Presents annual budgets to senior managers for approval and manages its implementation according to the company’s directions
- Sets the guidelines of investment decisions, expenditure, costing, & pricing directions
- Manages the annual budget development process and provides detailed analysis
- Identifies variances between actual and budgeted financial results at the end of each reporting period.
- Suggests spending improvements that increases profits.
- Reviews the company’s budget for compliance with legal regulations.
- Ensures that the department managers meet budget submission deadlines
- Designs and implements effective budgeting policies and procedures
- Sets the Consolidation techniques to be used in the monthly reporting
- Supervise on the monthly and quarterly reports (Consolidation P&L, Cashflow and Capex reports, Cogs and profitability reports … etc.) to
- Analyzes thoroughly the results, financial ratios, profitability progress, with action recommendations to achieve the group long term plan
QUALIFICATIONS AND EXPERIENCE:
- Preferably SAP user.
- Experience: At least 10 years of experience
- Education: BSc in Commerce
- Computer Proficiency: Microsoft Office/Internet Browsing /Special Soft Ware.
- Languages: English: Excellent
