Head of Budgeting and Forecasting
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
QAFCO seeks an experienced Head of Budgeting and Forecasting to manage the entire budgeting and forecasting process, including template preparation, consolidation, variance analysis, and reporting to the Board.
Key Skills for This Role
Responsibilities
- Manage and prepare annual financial plan and planning model
- Develop guidelines for financial planning, forecasting and modelling
- Lead the preparation of Group consolidated Budget / Parent / Subsidiary Budget including all financial statements
- Monitor budget versus forecast and prepare detailed variance reports
- Support preparation of financial report to the Board
- Manage financial planning, budgeting, forecasting, and variance reporting to Management Team and stakeholders
- Develop and maintain group balanced scorecard and measure financial performance through KPIs
- Lead and develop staff of the Budgeting & Forecasting Section
Requirements
- Bachelor's Degree in Finance, Accounting, or relevant discipline
- Minimum 10 years of direct and relevant experience in similar roles, preferably in Oil & Gas, Petrochemical, or Large Manufacturing Industry
- Professional certification in relevant field (CIMA, CGMA, ACCA) is an advantage
Full Job Posting
Job Summary
- The role holder is responsible for managing the whole process of budgeting and forecasting in the company which includes preparing the templates to prepare the budget and forecasting in a controlled and automated/digitalized way by all concerned sections/departments.
- The role holder is responsible for suggesting suitable amendments in the budget to managerial staff and consolidating data for budget presentation.
- The role holder supports in providing information and presentation to the Board of Directors.
Key Accountabilities
- Responsible for the daily supervision, quality control and adherence to confidentiality policies of the section.
- Hold regular meetings with the team, keeping the team informed about management decisions.
- Manage and prepare annual financial plan and planning model.
- Develop guidelines for financial planning, forecasting and modelling.
- Develop seamless process from financial planning to annual budget and lead the preparation of Group consolidated Budget / Parent / Subsidiary Budget (Revenues, OPEX & CAPEX) including all financial statements.
- Support the preparation of financial report to the Board.
- Market price analysis.
- Develop / Review / update financial budget and forecast guidelines to end users.
- Develop and maintain a group balance score card, measure financial performance through group KPI’s.
- Manage financial planning, budgeting, forecasting, and variance reporting to the Management Team and other stakeholders.
- Provide ad hoc reports to management needed for decision making.
- Lead and develop the staff of the Budgeting & Forecasting Section.
Desired Candidate Profile
- Bachelor’s Degree in relevant discipline, preferable Finance or Accounting.
- Minimum of 10 years’ direct & relevant experience in similar roles, preferably within the Oil & Gas, Petrochemical or Large Manufacturing Industry.
- Having professional certification in the relevant field (i.e., CIMA, CGMA, ACCA, etc.) is an advantage.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at QAFCO (Qatar Fertiliser Company)
Turnaround Engineer - Contracts & Costing
Mesaieed, QAT
QAFCO seeks a Turnaround Engineer for contracts and costing to manage contract lifecycle, cost control, and planning for turnaround projects in Mesaieed, Qatar. The role requires a Bachelor's in Mechanical Engineering an
Digital Office Manager
Doha, QAT
QAFCO seeks a Digital Office Manager to lead the organization's digital evolution, reporting to the CTO. The role involves driving digital strategy, overseeing the lifecycle of digital projects, identifying emerging tech
Head of Budgeting & Forecasting
Doha, QAT
QAFCO seeks a Head of Budgeting & Forecasting to manage the entire budgeting and forecasting process, including template preparation, consolidation, variance analysis, and reporting to the Board. The role requires a Bach
Technician, Welding/ Welder
Mesaieed, QAT
QAFCO is seeking a Welding Technician/Welder to perform welding tasks on various materials for equipment and structures in the oil & gas and petrochemical industry. The role requires proficiency in MIG, TIG, and Stick we
Sr. Category Specialist
Doha, QAT
QAFCO is seeking a Sr. Category Specialist to lead contracting and procurement activities, manage supplier relationships, and drive cost reduction and process optimization in the Oil & Gas industry. Requires a Bachelor's
Process Safety Engineer
Mesaieed, QAT
QAFCO seeks a Process Safety Engineer to implement and manage Process Safety Management systems. The role involves leading process hazard analysis studies, developing safety standards, and investigating incidents. Requir
Sr. IT Business Analyst, SAP
Mesaieed, QAT
QAFCO is seeking a Senior IT Business Analyst to join their Business Systems Group. The role involves analyzing business needs, proposing solutions, and managing IT projects with a focus on SAP S4/HANA. Candidates should
Automation/ DCS Technician
Mesaieed, QAT
QAFCO is seeking an Automation/DCS Technician for preventive maintenance and troubleshooting of DCS, safety systems, PLCs, and GT control systems at a fertilizer plant in Mesaieed, Qatar. Requires 5+ years of experience
Turnaround Engineer - Contracts & Costing
Mesaieed, QAT
Digital Office Manager
Doha, QAT
Head of Budgeting & Forecasting
Doha, QAT
Technician, Welding/ Welder
Mesaieed, QAT
Sr. Category Specialist
Doha, QAT
Process Safety Engineer
Mesaieed, QAT
Sr. IT Business Analyst, SAP
Mesaieed, QAT
Automation/ DCS Technician
Mesaieed, QAT