Collaborate with department heads to develop annual budgets aligned with organizational goals and objectives
Monitor budget performance regularly, identify variances, and provide recommendations for corrective action
Conduct in-depth analysis of financial data to identify trends, forecast future budget needs, and provide insights to management
Assist in cost reduction initiatives by identifying areas for efficiency improvement and implementing cost-saving measures
Prepare accurate and timely financial reports, including budget vs. actual analysis and variance explanations
Develop financial forecasts and models to support short-term and long-term financial planning
Ensure compliance with internal policies, procedures, and external regulations related to budget management
Work closely with various departments to gather financial information, provide guidance on budget-related matters, and support decision-making processes
Continuously assess and improve budgeting processes to enhance efficiency and effectiveness
Provide training and support to department managers and staff on budgeting procedures, tools, and best practices
