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Infrastructure & Operations Budgeting Assistant Manager

stc
Riyadh, KSA
Full-time
Mid-Senior
Onsite
Discovered 1 weeks ago
Infrastructure and operations budgetingFinancial performance analysisBudget performance analysisVariance analysisFinancial planning and forecastingCAPEX and OPEX planning
Free

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Key skills for this role

Infrastructure and operations budgetingFinancial performance analysisBudget performance analysis
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Job Purpose

Monitor and review the financial and project performance of Infrastructure and Operations.

Set financial plan guidelines and communicate targets for approved long-term financial plans.

Monitor budget implementation through variance analysis and prepare the annual Infrastructure budget.

Financial Performance and Planning

  • Monitor financial performance against strategic objectives and provide recommendations.
  • Monitor budget performance against strategic objectives and provide recommendations.
  • Review operational performance against budgets and objectives and recommend action when necessary.
  • Compile periodic and year-end planning and forecasting reports.
  • Set financial plan guidelines and communicate long-term targets.
  • Set budget plan guidelines and communicate approved budget targets.
  • Analyze financial plans using KPIs such as profitability, liquidity, capital efficiency, and free cash flow.

Budget and Cost Management

  • Review and consolidate budget estimates for compliance with agreed plans and expenditure guidelines.
  • Monitor cost optimization efforts and follow up on adherence.
  • Contribute to CAPEX and business efficiency programs.
  • Review and approve purchase order extension requests according to the HUB authority matrix.
  • Develop and distribute CAPEX and OPEX envelopes.
  • Review ad hoc CAPEX and OPEX budget requests.
  • Consolidate CAPEX and O&M project variance reports.
  • Develop the CAPEX plan.

Experience

  • At least five years of professional experience.
  • Infrastructure budgeting experience, particularly in telecommunications, is strongly preferred.

Education and Certifications

  • Bachelor's degree in Finance or Business Administration.
  • Professional certifications such as CFA or CPA are preferred.

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