Manager Budgeting and Reporting Full-time Job

6 days ago   Accounting & Finance   Abu Dhabi   33 views Reference: 36105
Job Details

The Manager, Budgeting and Reporting is responsible for managing the University budget development

and monitoring implementation, while ensuring availability of accurate and effective financial data and

information to produce timely report for management and stakeholders.

Strategic Responsibilities:

Contribute to the development of the Department's strategy, as well as annual business plans.

• Contribute to the development of the Department's policies and procedures, in line with the overall

business objectives of the University, ensuring they promote leading practices and excellence.

• Contribute to the development and management of the Department’s budgets and report back on a

timely basis to ensure that divergences are addressed promptly.

Operational Responsibilities:

• Review and monitor the annual University budget in multi-year projections, to ensure that all

revenues and expenditures are carried out in accordance with the approved budget includes detecting

any discrepancies, deviations and takes necessary rectifications accordingly.

• Manage annual budget planning activities by communicating budget preparation guidelines to all

departments in the University.

• Communicate budget guidelines and instructions to the departments includes provision of budget

development training. Also prepares financial analysis of revenues and expenditures includes

participation in the development and enhancement of financial reporting tools.

• Manage and review the consolidation of all the University budgets in compliance with approved

guidelines; prepare consolidated budget to be presented to the University's Directors and management

for internal approval.

• Communicate the final approved budget to all budget owners internally and monitor actual spending.

• Manage all University’s budget transfers required during the budget year according to approved

policies and procedures.

• Oversee the preparation of monthly, quarterly and yearly variance reports between actual and

budgeted figures.

• Manage the preparation and submission of analytical reports for management.

• Establish and maintain relationships with financial institutions and banks to smooth financial

operations in handling financial affairs.

• Manage the preparation and submission of analytical reports for management.

Develop and implement robust internal control framework for budgeting and management reporting.

• Ensure proper documentation & supporting information for financial transactions.

• Ensure integrity of financial systems and processes, management reports and research costing system

for University and stakeholders.

• Responsible for projects that are essential for ensuring that the department achieves its strategic

goals and ensures its alignment to the strategic objectives.

• Ensure adherence to the University's information security policies and procedures, and report

breaches or other security risks accordingly.

• Ensure coordination with other departments to facilitate the accomplishment of tasks and

responsibilities, as and when needed.

• Perform any other tasks assigned by Line Manager.

Supervisory Responsibilities:

• Provide coaching, guidance and mentoring as required to enhance the internal capabilities of the

team and ensure the achievement of established objectives and plans.

• Recommend appropriate training courses as per the pre-determined training needs, evaluate their

effectiveness, and monitor their results.

Company Description
The UAEs top-ranked university, Khalifa University is leading R&D of real-world solutions and preparing science and engineering graduates to build a better world.