Deputy Manager - Budgeting

EFU Life Assurance Ltd. is seeking a detail-oriented and experienced Deputy Manager - Budgeting to join our dynamic finance team. The ideal candidate will possess a robust understanding of financial analysis, budget forecasting, and variance analysis. As the Deputy Manager, you will play a pivotal role in creating annual and departmental budgets, conducting financial evaluations, and supporting executive decision-making through insightful reporting. Your analytical prowess will ensure adherence to financial plans, while your innovative mindset will contribute to strategic cost management initiatives. This position requires a proactive individual with strong communication skills and the ability to deliver accurate financial insights that influence the company's growth and sustainability. With an academic background in Finance and a dedication to teamwork, you will be instrumental in aligning the budgeting processes with EFU Life Assurances overall business objectives.
Responsibilities

Develop annual and departmental budgets while ensuring accuracy and alignment with organizational goals.
Perform comprehensive budget forecasts that predict financial performance over multiple periods.
Analyze actual financial results against the budget, identifying variances and providing actionable insights.
Prepare detailed budget presentations for stakeholders, highlighting key findings and recommended cost-saving measures.
Implement effective cost control strategies to maintain adherence to budgets and prevent potential overruns.
Leverage advanced Excel techniques, including formulas and pivot tables, to create dynamic financial models and reports.
Utilize budgeting software and statistical analysis to support financial planning and decision-making processes.
Collaborate with other departments to gather relevant financial data and promote a culture of accountability and accuracy in budgeting.
Continuously assess budgeting processes and propose improvements that drive efficiency and accuracy.
Support the strategic planning initiatives of EFU Life Assurance by aligning budgeting activities with long-term financial goals.
Stay updated on industry trends and financial regulations to ensure compliance and best practices in budgeting.
Demonstrate strong verbal and written communication skills in presenting complex financial information to non-financial stakeholders.