Budget Analyst

**Job Title**:
**Budget Analyst** **:Posted Today

**Job Summary**:
Budget Analyst shall be responsible for reviewing the organization's budget and approving spending requests through evidence-based analyses of merit and authenticity. He/she shall monitor University’s expenditures against set budgets while preparing accurate reports that estimate future financial needs. Responsible to provide protection from overspending by defending recommendations with data or other sources when necessary.
**General information about institution**

The American University of Ras Al Khaimah (AURAK) is an independent co-education institution of Higher Education that provides an integrated American-style, undergraduate and graduate education. All programs are accredited by the Ministry of Education of the UAE; additionally, it is accredited by the U.S. regional accreditation association, the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). The American model of higher education ensures not only skills in specific academic fields, but also a general education curriculum that exposes students to new ideas and ways of thinking critically about local and global issues. AURAK is a young and rapidly growing university. AURAK is located in Ras Al Khaimah, one of the Northern Emirates and a rapidly growing region. The beauty of Ras Al Khaimah is reflected in its traditions and diverse landscapes — its white sandy beaches, the majestic Hajjar Mountains, the expansive desert and its sands dunes, and the many historical sites.

**Job Purpose & Responsibilities**

Budget Analyst shall be responsible for reviewing the organization's budget and approving spending requests through evidence-based analyses of merit and authenticity. He/she shall monitor University’s expenditures against set budgets while preparing accurate reports that estimate future financial needs. Responsible to provide protection from overspending by defending recommendations with data or other sources when necessary.

**Responsibilities**:

- Review budget proposals and funding requests
- Conduct cost/benefit and other types of analyses
- Submit budget recommendations for approval or rejection of funding requests
- Explain and defend recommendations to management and stakeholders
- Collaborate with managers to develop final consolidated budget
- Ensure the organization’s budget adheres to legal regulations
- Oversee expenditure and identify trends in spending
- Make forecasts for future budget needs
- Suggest improvements to increase profits (e.g. spending cuts)
- Prepare periodical and special reports

**Minimum Qualification and Education**

Essential academic qualification and professional/vocational certificate
- Bachelor Degree in Accounting or Finance
- ACA or ACCA or CPA or CMA

**Required Knowledge and Skills**
- Good verbal and written communication skills
- Excellent attention to detail
- Microsoft — Office Suite Ability to work to deadline
- Ability to work as part of a team and independently

**Work Experience**

Minimum 4 Years’ experience in a large organization preferably in education sector.

**Language proficiency required**

**Essential**:Advanced proficiency in speaking, reading and writing English.

**Competencies**
- Service Excellence
- Professional Ethics and Integrity
- Problem-solving
- Time Management
- Teamwork
- **Reporting line**

Finance Director