Business Analyst and budgeting

Confidential Company

Employer Active

Posted on 4 Sep

Experience

5 - 10 Years

Job Location

Dammam - Saudi Arabia

Education

Bachelor of Commerce(Commerce), MBA/PG Diploma in Business Mgmt(Finance), Chartered Financial Analyst(Finance), Chartered Accountant

Nationality

Any Nationality

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

JOB SUMMARY


Experienced Business Analyst Budgeting, must possess a solid background in financial planning, budgeting, cost management, and performance analysis, with proven experience in the oil & gas or similar industry.


JOB ACCOUNTABILITIES

1. Prepare and consolidate annual budgets and periodic forecasts in line with corporate objectives.

2. Monitor and analyse actual financial performance against budgets and forecasts.

3. Conduct cost analysis and recommend efficiency improvements across operations.

4. Generate accurate financial reports and performance dashboards for management review.

5. Support strategic planning through financial modelling and scenario analysis.

6. Collaborate with departments to gather and validate financial data and assumptions.

7. Ensure compliance with internal controls, financial regulations, and audit requirements.

8. Utilize ERP systems (e.g., SAP, Oracle) for budgeting, reporting, and data analysis.

9. Evaluate financial impact of projects, contracts, and investment decisions.

Identify and implement improvements in budgeting and financial planning processes.


OPERATING ENVIRONMENT

The role operates within a structured environment, primarily office based. It involves working under high-pressure conditions, especially during budgeting cycles and audits, requiring strict adherence to deadlines, confidentiality, and regulatory compliance. The position demands strong analytical focus, collaboration with cross-functional teams, and effective communication, ideally in both Arabic and English.

Desired Candidate Profile

Core

• Demonstrates integrity and upholds organizational values in all financial practices.

• Delivers results consistently while meeting deadlines and quality standards.

• Supports continuous improvement through proactive problem-solving and innovation.


Behavioural

· Communicates effectively with clarity and professionalism across all levels.

· Builds strong working relationships with internal and external stakeholders.

· Adapts well to change and maintains performance under pressure.


Functional

· Applies expert knowledge in budgeting, cost control, and financial analysis.

· Proficient in ERP systems (e.g., SAP, Oracle) and financial reporting tools.

· Understands oil and gas industry operations and related financial implications.


QUALIFICATION & EDUCATION, EXPERIENCE, TRAINING & KNOWLEDGE


Qualification & Education:

1. Bachelor’s degree in finance, Accounting, Economics, or a related field; a master’s degree is an advantage.


Certification: CMA (Certified Management Accountant) is preferable; additional financial certifications are a plus.


Experience:

Minimum of 5–7 years of relevant experience in budgeting, financial analysis, and cost control, 3 years in the oil and gas industry is preferable.


Training & Knowledge:

1. Strong understanding of oilfield operations, financial regulations, budgeting practices, and performance management in a governmental or energy sector context.

2. Formal training in financial planning, ERP systems (e.g., SAP/Oracle), and data analysis tools is preferred.



Employment Type

    Full Time

Company Industry

  • Oil & Gas
  • Petroleum

Department / Functional Area

  • Corporate Planning
  • Consulting
  • Strategy
  • M&A

Keywords

  • Business Analyst
  • Budget Analyst
  • Budget Manager
  • Financial Reporting
  • Business Analytics
  • Business Analysis

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Confidential Company

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