Budgeting & Reporting Supervisor Job in Riyadh, Saudi Arabia at United Transformers Electric Company

Job Description

Develop the sector’s budget and oversee its implementation ensuring business growth and compliance with the policies and procedures.

Preparing reports required by the governmental agencies (GAZT, GAS, LCGPA,..) 

Key tasks:

– Design effective budget models for departments and the entire company

– Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget

– Present annual budgets to senior managers

– Review budget requests for approval

– Forecast future budget needs

– Identify variances between actual and budgeted financial results at the end of each reporting period

– Suggest spending improvements that increase profits

– Review the company’s budget for compliance with legal regulations

– Ensure department managers meet budget submission deadlines

– Design and implement effective budgeting policies and procedures

– Preparing and filing the monthly VAT returns.

– Working closely with the External Auditors for preparing/filing the annual Zakat & income tax returns, Transfer Pricing returns, withholding tax returns.

– Working closely with the concerned departments & Auditors for preparing the Local Content requirements. 


– Great computer & typing skills and great experience on various ERP systems.

– Self motivated and ability to motivate and lead others.

– Proven work experience

– Hands-on experience with ERP systems

– Knowledge of MS Excel (specifically, advanced formulas, pivot tables and charts)

– Familiarity with forecasting methods and data analysis

– Excellent numeracy skills with an attention to detail

– Strong analytical skills

– Knowledge of accounting best practices and regulations

– Ability to explain budgeting and financial information in plain terms

– BSc/MSc degree in Accounting, Finance or relevant field

– Excellent in English & Arabic. 

Job Details

Job Location
Riyadh, Saudi Arabia

Company Industry
Industrial Production

Company Type
Employer (Private Sector)

Job Role
Finance and Investment

Employment Type
Full Time Employee

Monthly Salary Range

Number of Vacancies

Preferred Candidate

Career Level
Mid Career

Years of Experience
Min: 7 Max: 15

Residence Location
Saudi Arabia


Bachelor’s degree / higher diploma

Min: 29 Max: 45


Accounting And Business Sciences

About Company

Company: United Transformers Electric Company

Company Location:  Riyadh, Saudi Arabia

Job Category: Industrial Production

About United Transformers Electric Company