Budget Officer (M/F)

Job Title: Budget Officer - Financial Control & Process Improvement

Location: Luxembourg

For one of our esteemed clients, a key player in its sector, we are currently seeking a meticulous and proactive Budget Officer to join their Financial Sustainability Control Division.

This is an excellent opportunity for a professional with a strong background in finance and a keen eye for detail to contribute to the enhancement of budgetary processes and internal controls.

Job Description

Primary Objective:

Reporting to senior members of the Financial Sustainability Control team, the successful candidate will play a pivotal role in implementing and monitoring the recommendations from a recent internal control review of the budget process. You will be instrumental in strengthening the financial framework and ensuring robust budgetary management.

Key Responsibilities:

• Policy & Procedure Enhancement: Review, update, and refine existing budget policies and procedures to ensure they are current, compliant, and efficient.

• Internal Controls Development: Design and implement detective controls throughout the entire budget lifecycle, from setting and allocation to execution and reporting.

• Budget Monitoring & Compliance: Diligently monitor budget execution, ensuring all financial activities align with applicable rules, regulations, and internal guidelines.

• Financial Adjustments: Act as a key point of contact for reviewing and approving budget adjustment requests and fund transfers, providing justification and ensuring accuracy.

• Reporting & Analysis: Prepare and present periodic progress reports on the implementation of internal control recommendations to senior management.

• Cost Control Framework: Actively contribute to the development, implementation, and maintenance of a comprehensive cost control framework to optimize resource allocation.

• Process Improvement: Proactively identify, analyze, and resolve any dysfunctions or inefficiencies within the budget execution process, proposing and implementing corrective actions.

Candidate Profile: Qualifications & Competencies

Required Qualifications:

• A university degree, preferably at a postgraduate level (Master's), in Finance, Economics, Business Administration, Accounting, or a related field.

• A minimum of three (3) years of relevant professional experience in financial administration, corporate finance, audit (internal or external), or cost control.

• Complete fluency in English (both written and oral) is essential for this role.

Desired Skills & Competencies:

• Technical Skills: Proficiency with ERP systems is a significant asset; specific knowledge of PeopleSoft Financials would be a distinct advantage.

• Analytical Prowess: Possess excellent analytical skills with an unwavering attention to detail and a methodical approach to data.

• Interpersonal Skills: Strong communication and interpersonal abilities, with a collaborative mindset and a proven track record as a team player.

• Proactivity & Autonomy: Demonstrate initiative, the ability to work independently with minimal supervision, and effectively organize and prioritize tasks under pressure.

• Problem-Solving: A disciplined yet creative thinker, capable of lateral thinking to effectively troubleshoot issues and solve complex problems.

• Language Skills: Knowledge of other official EU languages would be considered an asset.