Jr Budget & Controlling Specialist

JOB PURPOSE:

The Jr Budget & Controlling Specialist plays a supporting role within the Finance team, focusing specifically on budgeting, forecasting, and financial control for (RDMC) projects. The primary objective is to maintain financial discipline and provide accurate, timely data analysis to ensure project spending aligns with strategic goals and approved budgets. This role is crucial for transforming financial data into practical insights that guide sound business decisions.

RESPONSIBILITIES/DUTIES

Financial Control & Budget Compliance

• Assist in the Budget Approval Control cycle by thoroughly reviewing and validating all purchase requests and purchase orders against approved departmental and project budgets.
• Monitor all expenditures to guarantee adherence to RATP policies and budgetary guidelines.

Performance Reporting & Performance Analysis

• Prepare accurate monthly and quarterly financial performance reports and dashboards, primarily comparing Actual results versus Budget/Forecast.
• Analyze key variances and financial trends, clearly documenting the root causes and potential financial impacts and share them with the Budget team.

Budgeting and Forecasting Support

• Assist the budget team in the annual budget preparation and rolling financial forecasting processes
• Collect and validate financial and operational data from various systems to ensure accuracy and reliability for all planning and reporting activities.

Process Improvement & Ad-Hoc Support

• Identify and propose improvements for existing procedures related to budget control, data collection, and reporting to enhance efficiency and data quality.
• Fulfill any other duties and analytical requests to support the departmental objectives.

ESSENTIAL QUALIFICATIONS, KNOWLEDGE & EXPERIENCE

QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance, Economics, or a closely related quantitative field.
• Very good command in Arabic & English.

KNOWLEDGE:

• Familiarity with cost control and budgeting.
• Foundational understanding of finance principles.
• Practical experience with data visualization tools (e.g., Power BI or Tableau) or ERP systems is a plus.
• Good proficiency in Microsoft Excel (e.g., VLOOKUPs, pivot tables, formulas).

EXPERIENCE:

• 0-3 years of professional experience as an Analyst, Accountant, or a similar role.

DESIRED BEHAVIORS & EXPERIENCES

• Demonstrated growth mindset, solution orientation, and effective collaboration skills.
• Demonstrated skills in detail orientation and quantitative analysis.
• A team player who can work well with others.
• High degree of professionalism, ethical conduct, and integrity.
• Ability to work in a fast-paced industry.