Budget Controller

Injazat, a G42 company , empowers organizations to optimize their business
goals utilizing cloud and emerging technology solutions (Digital
Transformation, Cloud, and Cyber Security.), by co-creating transformational
digital platforms and services through public-private partnerships (PPP).
Partners include Oracle, Microsoft, ServiceNow, etc.

Injazat is a National Technology Champion , offering end-to-end digital
solutions through partnerships with our clients to build digital businesses
focused on great experience and outcomes. From Abu Dhabi, Injazat orchestrates
a wide ecosystem that brings technical design, human design, and business
design together to create digital solutions and businesses that advance
communities and delight those living in them. Injazat is an industry-
recognized market leader in the region for Digital Transformation, Cloud,
and Cyber Security.
JOB LOCATION: Saudi Arabia
Job Objective: Budget Controller works in the Finance function and assists
CFO to supervise progress and performance of Injazat budgets.
Day to Day Operations
* Establish/Improve standard Policy and procedures to guide the administration of organizational budgeting
* Develop and communicate Budget guidelines cascaded from Organization long term Business Plan and aligned with Annual Operating Plan.
* Prepare and communicate detailed Budget schedule plan (timeline, owners, outcome etc.). Monitor and drive execution of the plan. in line with shareholder timeline
* Identify business requirement to support the automation of Budgeting process
* Create initiatives to optimize organization's budgets and spending.
* Formulating and developing departmental and organizational budgets with relevant people and organizations
* Provide financial analysis and strategic input to facilitate high-level decision-making by management.
* Monitor and analyze spending patterns by categories and implementing measures to promote adherence to budgets and drive organization's forecast of financial performance
* Define Budget financial KPI's and cascade to Organization/Department level
* Reporting and explaining budget decisions to external stakeholders
Project Management
* Effectively communicate potential risk and mitigation plans to stakeholders/sponsors.
* Effectively utilize corporate PM methodology to establish and manage a project
* Conduct project and product health-checks
* Gain/maintain enthusiastic support from sponsors/influencers
* Build important relationships
* Successfully navigate organizational politicS
* Develop strategies and plans to manage risk
* Advise Injazat leadership on financial matters and on the potential impact of current and future laws and regulations on the operation of the organization
People Supervisory
* Lead and empower high- performing teams and get them personally committed to the success of the company's strategic initiatives.
* Provide coaching, develop skills, deepen learning, and improve performance of employees and peers
Continuous Improvement
* Motivate one's own team and identify opportunities to take part in change initiatives, programs and projects that reflect international best practice and changes in the competitive environment.
Policies, Processes & Procedures
* Recommend improvements to departmental policy and directs the implementation of procedures and controls so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers.
MIS & Reports
* Helps direct the design, development, testing and implementation of financial and reporting system updates and enhancements, including updated internal controls
* Prepare the organization's financial reports and present findings and recommendations to the top executive management
* Analyze capability and service offering financials to determine performance.
* Perform sensitivity analysis to assess the impact of factors such as volume and growth fluctuations in cost.
* Investigate financial performance variances to identify business trends and forecast future financial activity.
* Provide support for preparation of annual budgets, by educating managers, developing financial tools/models, and preparing trend analysis and variance reports.
Related Assignments
* Perform other related duties or assignments as directed.
Internal
* All Injazat employees and management
External
* External Auditors
* Consultants and Advisors
* Suppliers
Minimum Qualifications:
* Bachelor's degree in Finance or Accounting or equivalent
* Additional qualification required: MBA or CFA/CA
Minimum Experience:
* ‎10+ years of experience in progressively financial roles
* Experience in interacting with external/internal auditors and representatives of national/international financial institutions
Job-Specific Skills:
* Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff at remote locations essential.
* Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
* Solid understanding of IT service best practice
* Strong Customer Service Skills, verbal and written
* Excellent Problem-solving skills and ability to deal with difficult situations
* Strong Analytical and quantitative thinking skills
* Expertise in content management on social media and communications tools