Head of Budgeting and Costing Division
National Petroleum Company, Amman, Jordan
Total years of experience :18 years, 1 Months
● Budget Planning and Analysis: Develop comprehensive budget models for
the company, ensuring alignment with strategic objectives and regulatory
compliance.
● Financial Oversight: Monitor company expenses, conduct variance analysis,
and implement cost-saving measures to optimize financial performance.
● Leadership and Collaboration: Lead a team in preparing annual budgeting
reports, collaborating with department heads to align budget plans with
operational goals.
● Policy Development: Develop and implement effective budget policies,
ensuring adherence to legal regulations and internal controls.
● Strategic Forecasting: Predict future budget needs and make
recommendations to senior management for proactive financial planning and
decision-making.
● Performance Evaluation: Establish and implement key performance
indicators (KPIs) to evaluate the effectiveness of budgeting strategies.
● Financial Reporting: Ensure accurate recording and reporting of financial
data in compliance with International Financial Reporting Standards (IFRS).
● External Relations Management: Coordinate with external auditors, banks,
and regulatory authorities such as the Income Tax Department for financial
compliance and reporting.
● Budget Management: Control budgets and variations, perform regular audits,
and prepare detailed financial statements including cash flow projections
and P&L statements.
● Investment Management: Manage saving fund accounts through securities
shares investments, ensuring optimal returns while mitigating risks.
● Operational Support: Provide support to senior management by preparing
and analyzing financial reports, facilitating decision-making processes.
● Accounting Entries: Provide accurate accounting entries for inventory
movements and daily financial transactions, ensuring data integrity.
● Bank and Cash Management: Maintain daily bank and cash statements,
reconcile accounts, and manage payments and deposits.
● Financial Reporting: Assist in the preparation of financial statements and
reports, including cash flow projections and monthly budget comparisons.
● Payroll Management: Prepare and process monthly payroll, ensuring
compliance with tax regulations and social security requirements.
● Administrative Support: Support senior accountants with ad hoc financial
analysis, reporting, and administrative tasks