Job Summary: The Budget Controller is responsible for managing and overseeing the organization’s budgeting process, ensuring compliance with financial plans, and delivering accurate and timely financial reports. This role supports strategic decision-making through rigorous budget control, forecasting, variance analysis, and reporting.

Roles & Responsibilities:

1. Budget Planning & Control

   • Coordinate the annual budgeting process across departments.

   • Consolidate departmental budgets aligning with organizational objectives.

   • Monitor budget execution and report variances.

   • Assist in budget reallocations within approved parameters.

2. Financial Reporting

   • Prepare monthly, quarterly, and annual reports with variance analysis.

   • Provide explanations for budget deviations.

   • Generate tailored reports for management and stakeholders.

   • Support the creation of executive and board-level financial presentations.

3. Forecasting & Analysis

   • Contribute to financial forecasting and scenario planning.

   • Identify cost-saving opportunities through data analysis.

   • Track financial KPIs and enhance performance dashboards.

4. Compliance & Procedures

   • Ensure compliance with internal policies and regulatory standards.

   • Support audits with necessary documentation.

   • Maintain accurate documentation and control over budget files.

5. System Support & Optimization

   • Collaborate with finance systems teams to enhance tools and data accuracy.

   • Ensure integrity in ERP or financial reporting platforms.

Work Environment:

• Office-based with standard working hours. Government Entity

• Occasional extended hours during budgeting cycles or audit periods.

Candidate Specification:

• Native Arabic Speakers Only 
• Experience: Minimum 3–5 years in budget control, financial planning, or reporting.

• Industry Exposure: Experience in government-regulated or motorsport-related sectors preferred.

• Certifications: Not mandatory, but certifications in finance or accounting are a plus.

• Competencies:

  • Strong analytical and problem-solving skills

  • Advanced Excel proficiency

  • Familiarity with ERP systems (Oracle, SAP, etc.)

  • Attention to detail, accuracy, and deadline-driven

People Responsibilities:

• Collaborate and guide junior finance staff where applicable.

Interactions:

• Internal: Finance team, departmental heads, executive management.

• External: Auditors, regulatory bodies (as required).

Reporting Line:

• Reports to: Finance Manager / Head of Finance

Key Performance Indicators (KPIs):

• Accuracy of budget reports

• Timeliness of financial submissions

• Variance percentage and justification quality

• Forecast accuracy

• Compliance audit score

Key Result Areas (KRAs):

• Effective execution of budget planning and monitoring

• Comprehensive and timely financial reporting

• Enhancement of cost efficiency and savings

• Compliance with internal and external financial requirements

• Contribution to strategic financial planning