Financial Analysis & Budgeting

Department: Accounting / Finance
Employment Type: Full-time
Work Arrangement: Office-based

Job Purpose

The Financial Analysis and Budgeting Officer supports the finance function by assisting in financial planning, budgeting, performance monitoring, and management reporting. The role focuses on analyzing financial data, monitoring budget implementation, identifying variances, and generating insights to support sound financial decision-making while ensuring accuracy, compliance, and alignment with organizational goals.

Key Duties and Responsibilities

Budgeting and Financial Planning

• Assist in the preparation of annual operating and capital expenditure budgets.
• Collect, review, and consolidate budget input from various departments.
• Develop and maintain budget templates, tools, and preparation guidelines.
• Monitor budget utilization and performance throughout the year.
• Analyze budget variances and assist in recommending corrective actions.
• Coordinate with department heads to support budget-related requirements.
• Provide technical guidance and basic training on budget preparation and monitoring.

Financial Analysis and Reporting

• Conduct detailed financial analyses, including cost, revenue, and profitability assessments.
• Prepare regular financial and management reports (monthly, quarterly, and annually).
• Support financial forecasting, projections, and scenario analysis.
• Identify financial trends, risks, and key performance indicators (KPIs).
• Present analytical insights to support management planning and decision-making.

Accounting and Audit Support

• Ensure consistency between budget data and accounting records.
• Assist in reconciling financial data for reporting and analysis purposes.
• Support internal and external audit activities by preparing financial schedules, documentation, and variance explanations.
• Help ensure compliance with internal policies, accounting standards, and regulatory requirements.

Systems and Process Improvement

• Support the maintenance and enhancement of budgeting and financial reporting systems.
• Participate in initiatives to automate and streamline financial processes.
• Identify opportunities to improve efficiency, accuracy, and timeliness of financial planning and reporting.

Minimum Qualifications

Education

• Bachelor's degree in accountancy, Finance, or a related field
• A Certified Public Accountant (CPA) is required

Experience

• At least 3–5 years of experience in financial analysis, budgeting, forecasting, or management reporting

Knowledge and Skills

• Strong analytical and quantitative skills with close attention to detail
• Proficiency in financial modeling, Microsoft Excel, and accounting/ERP systems (e.g., SAP, Oracle, QuickBooks, or similar)
• Solid understanding of accounting principles and financial statement analysis
• Strong communication, organization, and time management skills
• Ability to work collaboratively with cross-functional teams