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

• Prepare and compile departmental budgets, operating plans, manpower budgets, and related documents.
• Develop and track departmental KPIs aligned with financial and operational goals.

• 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.

• Prepare long-range budgetary and operational requirements aligned with the department’s five-year business plan.

• Track budget spending and KPI performance.
• Prepare monthly, quarterly, and annual budget KPI performance reports.
• Develop accrual reports, NDE & capital expenditure reports.

• Process contractor invoices.
• Support audit activities and evaluate procedures for cost efficiency.

• 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.