Budget Coordinator at Sifax Group

Job Description

• 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.
• 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

• Postgraduate 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
• Ability to think out of the box
• Leadership & managerial skills
• Project management skills
• Negotiation and persuasion skills
• Excellent interpersonal and people skills
• Highly organised self-starter with demonstrated excellence in developing strategic plans
• Ability to work both autonomously and as a team player
• Ability to manage time and prioritise tasks
• Strong analytical skills
• Excellent verbal and written communication skills
• High standard of attention to detail.