Budget Manager

We’re looking for a results-driven professional to support budget preparation and monitor performance against financial targets, reporting directly to the Budget, Investment and Cash Manager.

Applications are invited from suitably qualified persons to fill the position of                                        

Budget Manager 

Reporting to the Budget, Investment and Cash Manager, the incumbent will collaborate with the Budget, Investment & Cash Manager to prepare the company's annual Capital and Operating Budgets.

The incumbent will also be responsible for monitoring performance by comparing the actual results with the approved budget on a monthly and quarterly basis to promote adherence to the financial targets.  

Key Responsibilities Include:

• Developing assumptions and general guidelines for each budget exercise in compliance with instructions from the Ministry of Finance- Budget Call, as well as information provided by the Budget, Investment & Cash Manager and the Chief Financial Officer.

• Developing the calendar of activities with clear delivery dates for each component of the budget and dispatching same to all cost centre managers.

• Reviewing all Budget submissions (via Budget Module or Excel worksheets) ensuring correct accounting classifications and treatment within the budgeted financial report.

• Reviewing the company's consolidated Global and separate Divisional Budgets making comparisons with prior year and current actuals to assess reasonableness and highlighting deviations and recommending adjustments as needed.

• Presenting the company's Global Budget to the Budget, Investment & Cash Manager and the Chief Financial Officer for review and approval.

• Monitoring performance by comparing the Divisional/Regional/Parish actual financial results with the approved budget on a monthly and quarterly basis, obtaining reasonable explanations from operational personnel for the variances and highlighting deviations and recommending alternative actions for compliance.

• Ensuring the budget performance reports are produced and presented to Regional Managers on a timely basis.

• Reviewing and updating standards and procedures to guide administration of the budgeting process.

REQUIRED Qualifications & Experience:

• ACCA Level 3 qualification or a Master’s degree in Accounting.
• Registration with the Institute of Chartered Accountants of Jamaica (ICAJ).
• A minimum of four (4) years of relevant experience at a senior level. Experience in a public utility environment would be considered an asset.
• Proficiency in Microsoft Office Suite, with strong skills in spreadsheet applications (Excel).
• Thorough knowledge of budgetary principles and procedures.
• Ability to interpret and understand financial and operating data.
• Highly developed analytical and decision-making skills
• Excellent interpersonal skills.
• Ability to communicate effectively, both orally and in writing.