189 Budgeting Forecasting jobs in the United Arab Emirates

We are seeking a highly skilled Budget Manager to join our team.

Vacancy: 1 Vacancy

• Develop and manage annual budgets in collaboration with department heads, ensuring that financial goals and objectives are met.
• Monitor budget performance and provide variance analysis, identifying areas of improvement and suggesting corrective actions.
• Prepare detailed financial reports, including cost summaries and variance analysis, to facilitate informed decision-making.
• Track and manage fixed and variable costs to maintain budgetary discipline and ensure compliance with internal financial policies and external regulatory standards.
• Work closely with project managers and department heads to align budgets with operational needs, providing expertise in financial planning and management.
• Coordinate with external stakeholders and banks to ensure smooth banking transactions and minimize financial risks.

Required Skills and Qualifications:

• Bachelor's degree in Finance, Economics, Business Administration, or Management.
• 3-5 years of professional financial experience and background, preferably in budget management and analysis.
• Expertise in preparing, managing, and analyzing budgets, with a strong understanding of financial requirements, regulations, and accounting standards.
• Proficiency in cost analysis, reduction strategies, and control mechanisms, as well as excellent analytical skills.
• Experience with audits and ensuring adherence to compliance standards, with a focus on maintaining high levels of accuracy and attention to detail.
• Professional and advanced hands-on working experience in Microsoft Excel, with the ability to create complex financial models and reports.
• Strong communication skills, both verbal and written, with the ability to present financial information effectively to various audiences.

Benefits:

• A competitive salary and benefits package.
• The opportunity to work with a talented team of professionals.
• A dynamic and challenging work environment.

Others:

• A bachelor's degree in finance, economics, business administration, or management.
• 3-5 years of experience in budget management and analysis.
• Expertise in financial planning and management.

We are seeking a seasoned Cost Estimator to join our team. As a key member of our organization, you will play a crucial role in delivering thorough, independent, and complete cost estimations for tenders.

In this position, you will be responsible for collecting all relevant information needed from various stakeholders, including production engineers, design engineers, tender managers, and site visit attendees. You will process the gathered data into clear and cost-optimal budgets and cost estimates, including planning and work sequencing.

You will regularly consult with colleagues from the commercial department and project managers regarding costs, assess proposals/prices from sub-contractors and suppliers, and ensure that gathered data and budget information are maintained and knowledge is transferred to project management and the commercial department.

• Deliver comprehensive cost estimations : Develop thorough, independent, and complete cost estimations for tenders, ensuring accuracy and attention to detail.
• Collaborate with stakeholders : Collect relevant information from production engineers, design engineers, tender managers, and site visit attendees to inform cost estimation decisions.
• Process data into actionable insights : Convert gathered data into clear and cost-optimal budgets and cost estimates, including planning and work sequencing.
• Consult with commercial team : Regularly consult with colleagues from the commercial department and project managers regarding costs, ensuring alignment and informed decision-making.
• Evaluate proposals and prices : Assess proposals/prices from sub-contractors and suppliers, making informed recommendations to support business decisions.
• Maintain data integrity : Ensure that gathered data and budget information are maintained and knowledge is transferred to project management and the commercial department.

• Bachelor's Degree : Hold a Bachelor's Degree in Engineering in a related discipline, or equivalent.
• Experience : Possess a minimum of 05 years of related work experience in similar industries.
• Technical skills : Apply technical skills with thorough knowledge of estimating principles.

• Fulfilling Career Opportunities : Join a dynamic team where you can grow professionally and personally.
• Competitive Compensation : Enjoy a competitive compensation package that reflects your skills and experience.
• Opportunities for Advancement : Take on new challenges and responsibilities as you progress in your career.

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JOB PURPOSE

The jobholder is responsible to perform the cost controlling activities for the respective functions in line with Finance' policies, procedure and practices while ensuring adequate and efficient expenditure.

The jobholder is responsible to assist in the preparation of the budgets by preparing the monthly financial reports and monitor budget performance and exercise cost control to ensure meeting the approved budgets.

This roles includes; providing ad hoc financial analysis reports with forecasts to support management decision making by preparing presentation materials (XLT, ELT, BAC & Board), Monthly operations performance reporting (Commercial production losses, Flaring, Quality, Upsets, FC, VC, etc.), analyzing, developing and preparing various financial reports, ensuring to provide correct, sufficient and integrity information about the Company, to ensure developing a timely and relevant decision making documentation.

THE POSITION IS BASED IN RUWAIS SITE, ABU DHABI, UAE.

KEY ACCOUNTABILITIES

Budgeting & Cost Control

Maintain Budgetary Control System through commitment control and monitor the actual expenditures versus the budget to ensure no overruns are incurred without the management approval.

Participate in the annual Budget compilation for overhaul and normal capital and major revenue expenditure schemes.

Coordinate monthly and quarterly budget revision and variance analysis and reporting and provide analyses on the financial impact of changes in the budgets to avoid over-run expenditure or under expenditure variances.

Perform specific investigations into budget performance and or deviations and assesses the causes.

Prepare the monthly financial statements such as P&L and Balance Sheet, compare these with the monthly budget, and prepare final accounts during year end annual closing.

Analyze current and past spending patterns and forecasts revenue to make recommendations for budget appropriations.

Liaise with external auditors during interim and final audit to ensure timely provision of analytical review to auditors as needed.

Develop, interpret, and implement complex financial and accounting concepts or techniques for financial planning, analysis, and control.

Evaluate complex profit plans, operating records, and financial statements.

Participate in studies to evaluate the efficiency and effectiveness of projects and recommends changes where needed.

Financial Analysis & Reporting

Prepare ad-hoc analysis to support management decision making e.g. in the form of profitability analysis and fixed costs analysis.

Responsible for providing comprehensive report about company performance by gathering input from different users on monthly basis

Review the monthly reports and distributed internally.

Prepare presentations and other financial materials as per management directions.

Provide Quarterly Phasing of Cost Element / Work Breakdown, phasing, and cash flow schedules

to be incorporated into the budget, projected expenditure of carry over schemes, and forecast of re-allocation of maintenance costs and overhaul manpower.

Analyze data and prepare financial variances report actual vs. budget/current month vs. last month reports.

Proactive monitoring and analysis of monthly business/financial results and highlight issues to Reporting Controller. Proactive corrective actions proposals

Use of financial models on ad hoc basis and build reporting solutions based on both existing and new requirements, prototypes, models, design, and implement new report formats, layouts, and delivery methods

Update ADNOC SAP-BPC with the information as required by ADNOC

Responsible for providing statistics as and when required e.g. to provide export data to ADNOC and other ADNOC group companies

Clarify end user query on Delegation of Authority and update DOA as per Management direction.

Performs other similar or related duties as assigned by Manager

Business Performance Support

Support underlying process for preparation of Balanced Scorecard and ensure alignment of KPI cascading across the organizations

Liaise with Business Planning team to receive and review Corporate and Functional Balanced Scorecard on a regular basis.

Prepares presentation to be reviewed with XLT and seek their approval and endorsement

Regular review and analysis of performance indicators and proactive corrective action proposals

Continuous improvement in the Functional Balanced Scorecard review process

Perform tasks aimed at supporting performance management process including those related to

KPI cascading across Borouge

Update on monthly basis ADNOC BI system and SAP Strategy Management System (SSM)

Provide analysis to support management decision making.

Prepare financial reports

Prepare Balance Scorecards-Finance Functional BSC

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS

University degree in Business, Finance, or any related discipline

Fluency in English Language; written and oral

Minimum Experience & Knowledge & Skills

Minimum of 5years of relevant experience on planning, controlling, financial analysis

Excellent in collecting and analyzing data as well as presenting information

SAP knowledge

Very good presentation and communication skills

Expert knowledge of excel, power point, business warehouse

Concern for order and quality, teamwork & cooperation, achievement orientation,

commercial/business awareness, and initiative to keep expertise up to date are required

behaviors to be reflected in every activity performed

Professional Certifications

Preferred to be certified in Financial Management, i.e. CFA, CPA, CMA, etc.

The Director Financial Analysis Visa Direct role will be responsible for supporting Visa Direct leadership in delivering business objectives, providing analytical & financial insights, driving forecast & management reporting processes, and standardization for Visa Direct regionally.

The ideal candidate will have strong strategic, technical, analytical, and collaboration skills combined with meaningful FP&A experience and the ability to work across a matrix business organizational structure. This role will have exposure with key Global and Regional Visa Direct leadership teams and their respective Finance Partners.

• Lead performance diagnostics, budgeting, forecasting, multiyear strategic outlook, and management reporting regionally.
• Identify financial trends and insights, defining critical decisions to ensure the effective strategic management of the business and delivery of Visa Direct financial performance.
• Perform robust financial analysis and be able to succinctly outline and present key drivers, themes, and key risks while applying business and financial acumen to explain underlying drivers of results across several scenarios.
• Actively maintain current tools/models and introduce new tools/models/processes to improve analysis used for executive financial deliverables.
• Collaborate in the storyboarding of analytical output and production of communication materials for related presentations.
• Identify risks and opportunities (plus mitigating actions) to ensure delivery on targets.
• Provide ad hoc business analysis and support the ongoing management of key initiatives and investments such as market opportunity sizing, pricing opportunity, etc.
• Collaborate with stakeholders across the business and provide analysis reports and presentations to ensure efficient information and decision-making flows.
• Actively participate and collaborate with Global, Regional, and country counterparts in promoting best practices.

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Basic Qualifications:

• 10 or more years of relevant work experience with a Bachelor's Degree in finance, engineering, accounting, economics, or related quantitative field, or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD.

Preferred Qualifications:

• 12 or more years of relevant work experience with a Bachelor's Degree in finance, engineering, accounting, economics, or related quantitative field; MBA a plus, or 8 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 5 or more years of experience with a PhD.
• Strong business acumen and multifunctional business experience a plus.
• Demonstrated program leadership capabilities to drive key financial processes.
• Outstanding analytical and quantitative skills; ability to resolve tough business problems with well-structured analyses.
• Advanced application of pivot tables, macros, and formulas.
• Solution-oriented and great problem solver; ability to strike balance between compliance/governance requirements and achieving business outcomes.
• Must be detail-oriented to ensure accuracy and quality of output.
• Excellent communication and interpersonal skills; ability to communicate effectively with diverse audiences.
• Ability to work effectively with a diverse team and produce time-sensitive deliverables.

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

No

Full-time

Lunate is an Abu Dhabi-based, partner-led investment manager with over 200 employees. They invest across the private markets spectrum, including buyouts, growth equity, venture capital, private credit, real assets, and public equities.

The role is part of the firm's investment activities. You will contribute to supporting the team with financial analysis, due diligence, investment execution, and portfolio monitoring within the private and public markets space.

Key responsibilities include:

• Deal origination: Assist in sourcing potential investment opportunities within the private markets landscape. Conduct research and analysis to uncover value-enhancing opportunities.
• Due diligence: Support the process for evaluating investment prospects, including financial analysis, market research, and risk assessments.
• Investment execution: Provide support in executing investment transactions. Collaborate with internal teams and external parties to facilitate successful deal completion.
• Portfolio management: Assist in monitoring portfolio performance, conducting regular reviews, and making strategic adjustments to optimize returns and manage risks.
• Market research and analysis: Stay informed about industry trends, market developments, and regulatory changes affecting private markets investments.

Requirements

• Bachelor's degree in Finance or related field; MBA or CFA designation a plus.
• Minimum 3-5 years of experience in finance, investment banking, or related fields.
• Strong analytical skills, with proficiency in Excel and other financial software.
• Excellent communication and interpersonal skills.
• Proactive and results-driven mindset.

Achieve success in this dynamic environment by staying proactive and driven. Showcase your ability to excel in private markets investments.

Lead Analyst Position

We are seeking an experienced Lead Analyst to join our team. This is a key role in the organization, responsible for providing analytical oversight and guidance to junior analysts.

The successful candidate will have a strong background in financial analysis and be able to demonstrate excellent communication and leadership skills.

We are seeking a skilled Financial Analysis Expert to join our organization in Abu Dhabi.

The successful candidate will utilize their financial analysis expertise to provide high-quality analysis and reporting to support business decision-making.

• Provide financial analysis and reporting to support business decision-making.
• Analyze financial statements and prepare budgeting and forecasting models.
• Develop complex financial models and monitor industry trends.
• Research markets and emerging technologies and prepare presentations for senior management.

Requirements:

• Bachelor's degree in Accounting or Finance.
• Excellent analytical skills with attention to detail.
• Ability to work independently as well as part of a team.
• Knowledge of accounting principles and procedures.

This position offers a competitive salary and benefits package including medical insurance coverage, with on-the-job training provided as necessary.

As a Financial Analysis Expert, you will be responsible for analyzing financial data, identifying trends, and providing recommendations to senior management. You will also develop and implement financial models to support business decision-making.

Additionally, you will research markets and emerging technologies to stay up-to-date on the latest industry trends and developments.

Responsibilities of this position involve analyzing process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. Additionally, the role entails supporting management in preparing budgets and rolling forecasts, loading and unloading costs and expenses to correct projects/jobs.

The ideal candidate will have a strong understanding of cost accounting principles and be adept with manufacturing processes, workflows, and cost drivers. They must also possess knowledge of ERP, CRM, and MS Excel tools and techniques.

• Support Commercial and Finance teams by implementing business process improvements and best practices.
• Present tool and process improvement ideas to enhance current practices, improve efficiency, and fully embed way of working.
• Oversee planning, development, and implementation of project efforts that utilize information technology solutions, principles, standards, and best practices.

Key Requirements include:

• Bachelor's degree in Accounting, Finance, Commerce, or a related field is mandatory.
• Professional certification in Cost Accounting preferred (CMA).
• 6-8 years of experience in costing, Variance analysis, Product costing, Budgeting, Inventory management in Manufacturing/Engineering/Industrial or production-driven environments.

Functional Skills & Specific Knowledge:

• Cost accounting principles: Financial reporting standards in line with International Financial Reporting Standards.
• Knowledge of ERP, CRM, and MS Excel: Tools and techniques mandatory.
• Analytical & Detail-Oriented: Ability to analyze complex data and provide insights.

Other responsibilities include providing critical assessment of all cost projections, analyzing changes in product design, and preparing periodic reports comparing standard costs to actual production costs. The successful candidate will also ensure compliance with ISO and local regulatory authority requirements.

Job Title: Financial Analysis Expert

We are seeking a highly skilled Financial Analysis Expert to join our team in Dubai. As a key member of our financial department, you will be responsible for conducting thorough analyses of financial statements and internal controls to ensure regulatory compliance.

Key Responsibilities:

• Conduct audits of financial statements to identify areas for process improvement.
• Provide expert guidance on financial planning, reporting, and compliance aligned with UAE laws.
• Maintain strong client relationships through clear communication and reliable service delivery.
• Stay updated on UAE tax laws and proactively inform clients of changes.

Requirements:

• Bachelor's degree in Accounting or a related field.
• 1-2 years of experience in a similar role.
• IFRS Diploma is preferred.
• Solid understanding of UAE accounting standards and tax regulations.
• Strong communication and interpersonal skills.
• Ability to work independently and collaboratively within a team.

About the Role:

This is an exciting opportunity to work with a dynamic team in Dubai. If you have a passion for finance and a keen eye for detail, we would love to hear from you.