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.

Requirements: 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.