Job Description:
The position of Budget Management Officer plays a vital role in supporting the financial and budget management of an organization. Responsibilities include assisting in planning, preparing, monitoring, and reporting budget usage to ensure effective and transparent financial management.
1. Budget Preparation
• Collect and consolidate budget proposals from various departments.
• Coordinate with related departments to ensure the budget aligns with organizational requirements.
2. Monitoring and Auditing
• Track and monitor expenditures to ensure compliance with the approved budget.
• Analyze discrepancies between planned budgets and actual spending.
3. Reporting and Data Analysis
• Prepare budget reports such as monthly or quarterly expenditure reports.
• Present relevant budget-related data and findings to supervisors.
4. Budget Management Support
• Provide guidance and information to departments regarding budget utilization and policies.
• Assist in planning and developing new projects or initiatives related to budgeting.
5. Documentation and Record-Keeping
• Record financial and budget data in relevant systems.
• Verify the accuracy of financial documents and related information.