Planning & Budget Officer | Saudi Arabia

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.