Job Summary:
Budgeting Supervisor oversees and facilitates review of expenditures and the preparation of operating budgets for projects and business units. Manages the collection and analysis of data needed to develop the preliminary budget projections for revenues and expenditures in preparation of the final budgets. Being a Budgeting Supervisor ensures the tracking and reporting of spending, revenue, and exceptions to budgetary limits are performed accurately and on schedule. Adheres to documentation requirements for audit and internal controls.
- Principal Accountabilities: (the 6-9 main areas of responsibility)
Budgeting supervisor
- Design effective budget models for departments and the entire company
- Forecast future budget needs
- Review of expenditures and the preparation of operating budgets for projects and business units
- Ensure department managers meet budget submission deadlines
- Co-ordinate with Projects cost controller / Project manager / Director
- Prepare the detailed planning of the project's budget and tasks and expenditure types
- Continuous monitoring of actual costs.
- Forecasting future expenditures.
- Performing the month end close closing activity and checklist.
- Closely cooperate with operation team
- Participate in the Simplification (standardized the process)
Self-Management
- Define performance goals at the start of the year in discussion with the reporting manager and ensure that the goals are monitored and achieved during the course of the year
- Take ownership of your own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training
- Understand the competencies relevant to the role, and work towards displaying as well as developing these effectively
- Keep abreast of relevant professional developments, new techniques, and current issues through continued education and professional networks
- Handle any additional tasks as per business needs
Policies, Processes & Procedures
- Follow all relevant company and ePMO department policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
- Comply with all relevant safety, quality, and environmental management policies, procedures, and controls to ensure a healthy and safe work environment.
- Comply with all relevant information security practices and standards to ensure data integrity and confidentiality.
- Key Relationships: (What are the key internal and external relationships necessary for achievement of the job accountabilities)
Internally
- Planning & Cost Control Supervisor
- PMO Department Employees
- Finance Department Employees
- Projects Employees
Externally
- Vendors
- Subcontractors
- Consultants
- Governmental Authorities & Ministries
Required Academic Qualification
Bachelor
Engineering, Construction Management, costing knowledge
- Years of Experience
- 8+ years of relevant experience in construction projects cost control
- PMP Certificate preferrable. CMA or any financial certificates
- Skills and Competencies (What is required for fully acceptable performance in the job)
Name
Level
Cost Consciousness
Basic
Project Management
Basic
Process Improvement
Basic
Follow Up & Coordination
Basic
Stakeholders Management
Basic
