Budget & Financial Analyst

Requirements

• Bachelor’s degree or its equivalent in Accounting, Finance, Economics or any other related discipline.
  

• Candidates must possess an ACA qualification. Additional certifications such as CIMA, CPA, or ACCA are an added advantage.
  

• Three (3) to seven (7) years’ experience with at least two (2) years in Budget and Planning or similar field.
  

• Assist in circulating the annual business planning guidelines and provide assistance to other budget holders during the planning process in conjunction with the performance and planning unit.
  

• Develop a consolidated budget pack for review and approval by the Management Account & Budget Manager.
  

• Monitor approved budget allocations, revenue, and expenditure and highlight variances for the attention of the Head, Management Account & Budget.
  

• Carry out primary review and validation of budget data presented by various units and or highlight major inconsistencies/shortcomings.
  

• Carry out initial review & analysis for consistency of data, validation with other operational information and present to the head of the section.
  

• Ensure the reporting of the monthly financial performance of each unit and business generating centres (BGCs)
  

• Carry out variance analysis of major performance parameters with that of budget forecasts, and highlight underlying business/operational causes of variation
  

• Carry out studies and research of relevant authoritative sources of macroeconomic data to gather basic information on budgetary assumptions.
  

• Prepare first drafts of relevant periodic and/ or ad hoc reports.
  

• Assist in generating monthly management accounts, business performance statements, noting major deviations from budget, and risk areas.