Budget Analyst #QC2019

Friendwel Management USA LLC
Edison, NJ Full-time
Posted on October 20, 2019

Budget Analyst Edison, NJ.

Education and Experience Requirements:

MBA/MS in any field related to Finance/Accounting. At least 1-year experience in the job offer or any occupation related to budget, forecast and financial analysis.

Job Duties:

  • Examine budget estimates for accuracy, and conformance with procedures and regulations.
  • Assist the Procurement Committee to summarize budgets and submit recommendations for the approval or disapproval of funds requests.
  • Support each group leader with specific analysis examining financial contribution of various company-wide projects through capital budgeting and fixed asset monitoring.
  • Examine current capital project progress in conjuncture with consolidated financial statements to assist in property cashflow management.
  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls and build financial projections for 1) current year, 2) five-year forecast, and 3) other ad hoc programs and specific scenarios.
  • Monitor corporate cost against budgets and reforecasts highlighting areas of overspend and assist the various properties/business groups in the costs tracking and variance explanations.
  • Confer with management to ensure that budget adjustments are made in accordance with project changes and proactively identify opportunities/risks to ensure they are properly reflected in budget documentation.
  • Perform cost/benefit analyses for major capital improvement projects such as hotel product improvement plans, property development/expansions, fixed asset renovation, etc.
  • Contribute to the implementation of business and system projects as identified by the management to improve financial control, as well as ad-hoc projects defined by the management.

Specific skills and other requirements: 

  1. Must have knowledge of

● Financial Modeling and Corporate Valuation

● Risk Management

● Capital Budgeting

● GAAP

● MS Excel (Pivot Tables, Dashboards, and VBA macros) and other MS Suite Applications. Written tests will be given.

  1. Must have taken at least 3 credits of course work each: International Business, Corporate Finance, and Managerial Accounting.
  2. Prior experience must include:

● Progressive financial experience in multinational company setting.

● Ability to lead and interact with problem-solving using financial analytical skills.