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Budget Operations Manager
Job Reference: 30673-Budget Operations Manager
Company: RecruitArab - recruiter
Industry: Construction
Job Title: Budget Operations Manager
Location: Abu Dhabi, United Arab Emirates
Job Type: Full-Time
Closing Date: 2024-09-22
Application Email: apply@emiratesrecruiter.com
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Job Overview:
We are seeking a highly skilled and motivated Budget Operations Manager to join our dynamic team in the construction sector. The ideal candidate will have a solid background in budget management, financial analysis, and project cost control. This role is critical to ensuring that our projects are completed within budget and that financial resources are allocated efficiently. The Budget Operations Manager will work closely with project managers, finance teams, and senior executives to provide insights and recommendations for budget planning and execution.
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Key Responsibilities:
- Budget Development: Prepare and manage the annual budget for various construction projects, ensuring alignment with company objectives and project requirements.
- Financial Analysis: Conduct detailed financial analyses and variance reporting to monitor project performance against budget forecasts. Identify trends and provide actionable insights to mitigate financial risks.
- Cost Control: Implement and maintain effective cost control processes to ensure projects are delivered within budget. Monitor expenditures and provide recommendations for cost-saving measures.
- Collaboration: Work closely with project managers to develop project budgets, forecasts, and financial reports. Facilitate communication between departments to ensure financial objectives are met.
- Reporting: Prepare comprehensive financial reports and presentations for senior management, detailing budget performance and financial forecasts. Present findings and recommendations to stakeholders.
- Compliance: Ensure compliance with relevant financial regulations and company policies. Participate in audits and provide necessary documentation and explanations.
- Team Leadership: Supervise and mentor budget analysts and financial staff, fostering a culture of continuous improvement and professional development.
- Strategic Planning: Contribute to the strategic planning process by providing financial insights and forecasting future budget needs based on project pipelines and market trends.
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Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; Master’s degree or professional certification (e.g., CMA, CFA) is a plus.
- Minimum of 5 years of experience in budget management and financial operations, preferably within the construction industry.
- Strong analytical skills with a keen attention to detail and the ability to interpret complex financial data.
- Proficient in financial software and tools (e.g., ERP systems, Microsoft Excel).
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Proven leadership abilities with experience in managing and developing finance teams.
- Strong problem-solving skills and the ability to work under pressure to meet tight deadlines.
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What We Offer:
- Competitive salary and benefits package.
- Opportunities for professional development and career advancement.
- A dynamic work environment within a leading construction firm in Abu Dhabi.
- Exposure to diverse projects and innovative practices in the construction industry.
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If you are a driven finance professional with a passion for the construction industry and possess the necessary qualifications, we invite you to apply for the Budget Operations Manager position. Please submit your resume and cover letter to apply@emiratesrecruiter.com by the closing date 2024-09-22.
We look forward to reviewing your application!
Please inculde this job reference [30673-Budget Operations Manager] in the email when you send your application.
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