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.