Budget Planning Manager at Estrada International Staffing Solutions

Salary: 650k-800k Monthly Gross

A Budget Planning Manager plays a critical role in financial management and strategy for an organization. you will be responsible for overseeing the budgeting process, analyzing financial data, and providing recommendations to senior management for effective financial decision-making. This position requires strong analytical skills, financial acumen, and the ability to communicate complex financial information to various stakeholders.

Key Responsibilities:

• Budget Preparation: Develop and manage the organization's annual budget, including revenue and expense forecasts. Collaborate with department heads to gather input and ensure accuracy in budget projections.
• Financial Analysis: Conduct in-depth financial analysis to identify trends, variances, and opportunities for cost savings or revenue enhancement. Analyze historical data and market trends to make informed financial recommendations.
• Forecasting: Prepare financial forecasts to project the organization's financial performance in the short and long term. Use forecasting models and tools to predict future financial outcomes.
• Cost Control: Monitor budget performance regularly and identify areas where expenditures need to be controlled or adjusted. Implement cost-saving measures and recommend changes to improve financial efficiency.
• Reporting: Generate and present regular financial reports to senior management and stakeholders. Explain financial results, variances, and key performance indicators in a clear and understandable manner.
• Strategic Planning: Collaborate with senior management to align budgeting and financial strategies with the organization's overall goals and objectives. Provide financial insights to support strategic decision-making.
• Compliance: Ensure that budgeting processes and financial activities comply with relevant regulations, laws, and internal policies. Implement best practices in financial management.
• Risk Assessment: Identify financial risks and develop strategies to mitigate them. Assess the impact of economic, market, and industry changes on the organization's financial stability.
• Team Leadership: Supervise a team of budget analysts and financial professionals. Provide guidance, training, and performance evaluations to support their development.
• Financial Software: Utilize financial management software and tools to streamline budgeting, forecasting, and reporting processes. Stay updated on emerging financial technologies.

Qualifications:

• Bachelor's degree in finance, accounting, economics, or a related field; a master's degree or relevant certification is a plus.
• Several years of experience in financial planning, budgeting, or related roles.
• Strong analytical skills and proficiency in financial modeling and data analysis.
• Excellent communication and presentation skills to convey complex financial information to non-financial stakeholders.
• Knowledge of financial software and tools (e.g., Excel, financial planning software).
• Leadership and team management experience.
• Strong understanding of financial regulations and compliance.
• Ability to work in a fast-paced environment and adapt to changing priorities.