7002 Budgets and Forecast Analyst

As a Budgets and Forecast Analyst at ALTEN Mexico, your primary responsibilities will include budgeting and forecasting engineering spend, developing financial reporting tools, maintaining financial budgets, and assisting with annual budget preparation. You'll also be tasked with creating custom solutions to tackle business challenges, developing data models, and ensuring organizational reporting structures are properly maintained.

To qualify for the Budgets and Forecast Analyst position at ALTEN Mexico, applicants must hold a bachelor's degree in Engineering (Industrial, Process, Mechanical) or Finance, particularly with experience in the automotive sector. Additionally, candidates are expected to have 3-5 years of experience in forecasting and budgeting and a strong working knowledge of Microsoft 365, Power Platform, advanced Excel, and SAP.

Yes, having experience in the automotive sector is a must for the Budgets and Forecast Analyst role at ALTEN Mexico. This expertise is essential as you will be working on specific projects and budgets that are heavily tied to engineering within the automotive industry.

A successful Budgets and Forecast Analyst at ALTEN Mexico should be well-versed in various tools and technologies, particularly the Microsoft Power Platform (Power Query, Power Automate, Power Apps, Power BI) and Microsoft 365 (Teams, SharePoint). Familiarity with SAP is also essential for managing financial data and reporting.

As a Budgets and Forecast Analyst at ALTEN Mexico, you'll enjoy a competitive base salary, major medical expenses insurance, and superior benefits beyond local legal requirements. Other perks include a permanent contract, remote work options, and significant opportunities for professional growth and development.

When budgeting and forecasting for engineering projects, I start by gathering historical data and analyzing past project costs to create a baseline. I also involve key stakeholders to get their insights on upcoming projects, ensuring we account for all potential expenses. Additionally, I utilize financial modeling tools to create projections that reflect realistic outcomes.

I have extensive experience with the Microsoft Power Platform, particularly using Power BI for data visualization, Power Automate for workflow automation, and Power Apps for building custom applications. These tools have allowed me to streamline reporting processes and create intuitive dashboards that present data clearly to stakeholders.

For financial reporting, I typically utilize a combination of tools such as Excel and Power BI to create detailed reports that track project budgets, expenditures, and forecasted outcomes. I ensure that the reports are user-friendly and provide actionable insights for team leaders and executives.

To maintain accuracy in my financial forecasting, I regularly cross-check my estimates with historical data and current market trends. I also revisit my forecasts periodically throughout the project lifecycle to adjust for any changes that may impact the financial forecast, ensuring it remains relevant and precise.

In my previous role, I encountered a significant budget overrun on a project due to unforeseen materials costs. I conducted a thorough analysis and identified areas where we could cut back without compromising quality. By reallocating resources and negotiating better rates with suppliers, we managed to bring the project back within budget.

For cost control, I implement regular budget reviews and analyses to track spending against forecasts. I also advocate for using software tools that provide real-time tracking of expenditures, which enables quick decision-making and adjustments as necessary.

I believe in a collaborative approach, where open communication with other departments is key. I regularly set up meetings and forums to discuss budget needs and gather insights from team leaders on project costs, which helps me make informed financial decisions.

I've used SAP extensively for financial management, particularly in tracking budgets, managing invoices, and generating financial reports. My familiarity with its functionalities has allowed me to efficiently oversee financial transactions and maintain accurate records.

I stay updated on changes in financial regulations and industry standards by subscribing to financial news outlets, attending webinars and conferences, and actively participating in professional finance networks. Continuous learning is essential to ensure compliance and enhance my skills in budgeting.

When presenting financial reports to senior leadership, I focus on clarity and relevant insights. I create concise presentations that highlight the key data points, trends, and actionable recommendations. Engaging storytelling helps me convey complex information effectively to ensure alignment with organizational goals.