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Financial Control Specialist|000058 - 5003677HO

1.00 to 10.00 Years   Saudi Arabia   05 Aug, 2022
Job LocationSaudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

THIS POSITION IS POSTED FOR TARGETING A CANDIDATE ON THE SAME GRADE (TRANSFER) The role holder is responsible for managing Portfolio Project budgeting, allocation, and estimate future spending for portfolio coordinating with finance. Also the role holder responsible for carry over budget, and prepare financial report to show the budget allocation , spending , and ensure invoice payment for each portfolio with procurement and finance .The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.Supports the budgeting allocation for each portfolio and estimate the future spending and carry over.forecast next fiscal year carryover and ensure accurate allocation with Budgeting and Accountingconduct analysis on the details of all portfolio projects, and ensure their proper mapping to the appropriate accounts.Prepare weekly report of budget allocation and perform trend analysis of budget allocation per sectors and suppliers.Prepare weekly report of payments and pending invoices.Prepare monthly report of budget spending and availability.Verify payment requests to suppliers, and follow-up on payment close out with Finance.Coordinate with suppliers and owners to expedite due payment and resolve any obstacles.Manage the submission of purchase requests and coordinate with Procurement for purchase order issuance

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