Cost and Budget Manager

Job description: 
The Budget Manager is responsible for budget preparation and control throughout the financial cycle within the Group. This includes examining and analysing budgeting and accounting reports for the purpose of maintaining expenditure controls.
Core Responsibilities and Key Result Areas
Budgeting
· Assist in designing and implementing effective budgeting policies and procedures.
· Designing effective budget models for various departments and the entire Company.
· Analyzing financial information (such as revenues, expenditures and cash management) to ensure all operations are within budget.
· Identifying and reporting of variances between actual and budgeted financial results.
· Flagging and analyzing potential financial and budgeting risks.
· Review budget requests for approval.
· Suggest spending improvements to increase revenue and profits.
· Ensuring department managers meet budget submission deadlines.
· Identify variances between actual and budgeted financial results at the end of each reporting period and recommend corrective plans for each budget holder.
· Perform periodic and future forecasts.
Financial Analysis
· Perform market and competitive research, data mining, business intelligence and valuations.
· Provide support in planning, appraisal and analysis.
Key Performance Indicators
· Timely provision of the financial models necessary to support business strategies
· Timely provision of analytical and analysis reports
· Timely preparation of the weekly Budget Report on OPEX, CAPEX and Capital Budgets
Knowledge Requirements

Demonstrates good research, quantitative, and analytical skills
· Excellent attention to detail
· Competent in software programs such as Microsoft Office, Excel and PowerPoint
· Highest standards of accuracy and precision; highly organized
· Demonstrates commercial and economic awareness, including an awareness of global economic factors that can influence the Food & Beverage and QSR industry
· Ability to think creatively, highly driven and self-motivated
· Knowledge of written and verbal communication skills
Requirements
Educational Requirements
Professional Requirements
Experience Requirements
– Bachelor’s Degree in Accounting/Finance or related field
Membership of the ACCA, ACA or any other related professional qualification is required.
-Minimum of 2-3 years experience as budget controller/analyst, or similar role.
-Experience in a QSR company in a similar role is an asset
Decision Expectations
· Acts on defined procedures and decisions
· Enforces agreed decisions
· Conduct cost/benefit and other types of analysis
· Explain and defend recommendations to management and stakeholders
Working Conditions
The Job holder typically work 40 hours per week, Monday to Friday, although some roles may involve weekend or evening work. This role is largely office-based, as it involves a lot of large data gathering, analysis and reporting.
Contacts and Purpose of Contact
Internal Contacts (most frequent contacts)
Purpose of Contact
· Heads of Departments
· Operations Managers
· Key job holders in the department
· Exchange or provide information
· Obtain, clarify, and discuss information
· Present, discuss information and problems
· Collaborate, negotiate and present ideas
Deal with influence or motivate subordinates
· Promote, justify or settle highly sensitive matters
External Contacts (most frequent contacts)
· Service Providers/ Vendors
Pay: ₦450,000.00 – ₦650,000.00 per month
Education:
Undergraduate (Preferred)
Experience:
budget controller/analyst: 4 years (Required)
License/Certification:
ACCA, ACA or any other related professional (Required)
Job Type: Full-time