Budget and Planning Specialist

Overview

Key Result Areas

• Analyze financial results and variances on a monthly basis for all departments
• Establish, maintain, and coordinate the implementation of budgeting procedures in line with QF Finance policies and procedures
• Responsible for the preparation and verification of fund transfer requests (AFE) for all departments
• Produce financial reports for executive committee meetings and board meetings as requested
• Provide historical and analytical information to facilitate Annual Plan preparation and presentation. Prepare and/ or review a wide variety of costing and budgeting reports as requested
• Work with QNL budget holders to prepare budget projections; monitor and update projections Manage and upload budgets into the Hyperion system when the budget cycle opens
• Manage and consolidate the annual budget carry-over process as requested
• Prepare reconciliations of all accounts on monthly and yearly basis
• Do maintenance of accounts
• Responsible for Budget redistribution
• Prepare budget and actuals reports on monthly and yearly basis
• Maintain appropriate financial records and files
• Identify budget issues, provide alternative solutions and resolve issues
• Assist with the submission of budget data, identify and correct errors or discrepancies, and provide clarifications on significant budget variances
• Prepare and manage supplementary budget requests
• Work closely with QNL Procurement to ensure proper account coding for each request and receive up-to-date encumbrance balances
• Other tasks as assigned