Sign up with

Already have an account? Log in here

Need some help?
Talk to us at +91 7670800001

Budgeting Specialist at National Water Company (NWC)

Jeddah, Makkah Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

20 Sep, 26

Salary

0.0

Posted On

22 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Annual Budget Preparation, Budget Monitoring, Variance Analysis, Financial Coordination, Contract Management, Cost Monitoring, Revenue Tracking, Spending Efficiency, Financial Reporting, Budget Planning

Industry

Utilities

Description

1. Annual Budget Preparation & Planning * Participate in the preparation of the annual budget in coordination with Finance, O&M, and relevant stakeholders. * Collect, analyze, and validate budget inputs from departments. * Support budget justification and variance analysis during planning and review cycles. * Communicate priorities with Cluster strategic & performance specialist to align budget requests with strategic objectives. 2. Budget Monitoring & Utilization Tracking * Track budget utilization against approved budgets on a regular basis (monthly/quarterly). * Identify variances, risks, and potential overspending and raise timely alerts. * Prepare periodic budget performance reports and dashboards for management. 3. Financial Coordination * Manage additional/transference budget allocation requests. 4. Manage up to date Contracts list * Prepare and maintain a comprehensive and up-to-date contracts register, including but not limited to: * Contract name and reference * Contract start date and end date * Total contract amount * Committed amount * Paid amount * Remaining balance * Contract status (active, expired, closed) 5. Cost and Revenue Monitoring & Utilization Tracking * Lead, track and monitor Cluster spending efficiency initiatives and prepare periodic performance reports. * Track and monitor cost against approved cost and prepare peridot cost performance reports highlighting overspendings. * Track and monitor revenue against approved cost and prepare peridot revenue performance reports.

Responsibilities

The Budgeting Specialist is responsible for preparing and monitoring the annual budget and tracking utilization to prevent overspending. They also manage the contracts register and coordinate financial activities between O&M and Finance departments to improve spending efficiency.