Assistant Manager, Budget & Control IMKAN Properties

KEY ACCOUNTABILITIES:

Policies, Process, Forms & Templates

• Provide support in developing Budget & Control policies, process, procedures, forms and templates that ensure adequate budgetary controls and reporting structure for overall company operations thereby ensuring the cost advantage in all its resource utilization and financial activities.

Models & Tools

• Modify and maintain financial models for budget and analysis to ensure accuracy of budgetary assumptions.
• Provide inputs to develop and enhance budgeting, planning, controlling and reporting tools to minimize the variance and to bring more accuracy in budgeting and reporting processes.

Budgeting

• Provide support in developing budget plans and schedules in line with Group policies and procedures and execute the budgetary plans in coordination with concerned departments to ensure smooth preparation of budgets.
• Support for collating the information required to develop annual operating and development budgets.
• Support in developing and updating the 5 Years Business Plans; Also, deriving the projected financial statements.

Budget Analysis

• Perform variance analyses of the revenues, expenditures. Investigate variance and support to prepare financial/operational reviews recommending upward or business requirements.
• Analyse monthly reporting related to operational performance, variances and metrics in order to forecast the budgetary exceptions during the operating year.

Budget Reports

• Support in preparation of monthly budget reports to the company and to budget holders, working closely with Manager Budget and Control to enable them to make accurate decisions.
• Assist with the presentation of budgetary findings to all management levels.
• Assist in preparation of periodic and ad hoc Reports to provide Management with timely and relevant information for making decisions to ensure the effectiveness of the control within the company.

Systems

• Assist in providing input to the development and enhancements of Budgetary Control and Reporting systems in coordination with other concerned department to ensure generation of budgetary/ actual transaction, accounting and financial reports that are required to meet the business objectives.