Planning & Budget Officer | Saudi Arabia
Summary
Oversee budgeting, long-term planning, and financial reporting for an oil & gas project in Saudi Arabia, ensuring alignment with business objectives.
We are currently looking for experienced professionals for the below position with our prestigious client for an Oil & Gas / Operations project in Saudi Arabia.
Position: Planning & Budget Officer
Location: Saudi Arabia
Nationality Requirement: European candidates only (as per client visa quota requirements)
Job Purpose:
The Planning & Budget Officer will support the department’s fiscal strategy by managing budget preparation, long-term planning, KPI development, budget tracking, financial reporting, and coordination with various divisions to ensure alignment with business objectives.
Key Responsibilities:
Budget Compilation & KPI Development
Prepare and compile departmental budgets, operating plans, manpower budgets, and related documents.
Develop and track departmental KPIs aligned with financial and operational goals.
Budget Guidance & Administration
Support sections with budget preparation, AFE procedures, and budget control administration.
Maintain and verify budget expenditure records.
Monitor actual spending against approved budgets and provide timely updates.
Long-Term Planning
Prepare long-range budgetary and operational requirements aligned with the department’s five-year business plan.
Financial Reporting & Analysis
Track budget spending and KPI performance.
Prepare monthly, quarterly, and annual budget KPI performance reports.
Develop accrual reports, NDE & capital expenditure reports.
Invoice & Audit Management
Process contractor invoices.
Support audit activities and evaluate procedures for cost efficiency.
Coordination
Coordinate with internal departments and divisions for planning, reporting, and controlling information.
Qualification & Experience:
Bachelor’s Degree in Business, Finance, or Economics.
Minimum 4 years of relevant experience.
Experience in budgeting, financial planning, cost control, reporting, and KPI tracking preferred.
Oil & Gas / Energy industry experience will be an advantage.
Good English communication skills required.
As published by recruitee
Full name, Email, CV, Cover letter, Phone
- Have you worked on large-diameter pipelines (DN600–DN3000)? yes / no
- Do you have experience with budget monitoring (Actual vs Budget analysis)? yes / no
- What is your nationality and passport country?
- Where are you currently located?
- How many years of experience do you have in Planning & Budgeting roles?
- Do you hold a Bachelor’s Degree in Business, Finance, Economics, or a related field?
- Have you worked in the Oil & Gas / Energy / Petrochemical industry? yes / no
- Do you have experience preparing and managing departmental budgets? yes / no