Budget Coordinator at Sifax Group

Budget Coordinator

The Budget Coordinator will be responsible for providing high-level administrative and analytical support to all subsidiaries in SIFAX Group. Assists Business Development Manager and other management team with budget projects and coordinates the preparation of the annual budgets for the company. He/she will assist all departments in the preparation of operating budgets and reviews budget requests. May conduct training sessions for all departments on budget preparation. Maintains and monitors subsidiaries budgets and budget systems throughout the year. Prepares complex budget for use by management.

Responsibilities:

• Design effective budget models for departments and all subsidiaries
• Preparation of SIFAX Group annual budget review
• Analyse and presenting financial information (e.g revenues, expenditures) to ensure all operations are within budget
• Identify variances between actual and budgeted financial results at the end of each reporting period
• Ensure department managers meet budget submission deadlines
• Monitoring budgets in line with already approved budget SOP
• Compile and analyze accounting records and other data to determine the financial resources required to implement a program
• Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation
• Summarize budgets and submit recommendations for the approval or disapproval of funds requests
• Review operating budgets to analyze trends affecting budget needs
• Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods
• Any other duties as may be assigned by your line Head.

Skills and other requirements:

• Post Graduate degree in Business Administration, Economics, Finance or related fields
• Sound experience of at least 7 years as a Budget Coordinator, preferably in the Consulting, Maritime, logistics, oil & gas and  financial services industry
• Membership of a recognised professional body i.e. ICAN/ACCA is an added advantage
• Experience in presenting and selling ideas to Senior Management with strong presentation skills (written and verbal)
• Ability to communicate and function in a culturally diverse and change oriented setting with good knowledge of Budget planning practices
• Ability to interact with senior Management Team of various subsidiaries and business managers
• Strong knowledge and usage of Excel, Power point and various computer packages