Applications are invited from suitable and qualified candidates for the Position of Budget Analyst Officer at Sahara Group.
About Sahara Group
Sahara Group, established in 1996 with Sahara Energy Resource Limited as its first company, initially focused on trading petroleum products. Over the years, it has evolved into a multifaceted conglomerate operating in sectors such as upstream, midstream, downstream, power, and infrastructure development. Sahara Group’s strength lies in its ambidexterity and ability to create extraordinary solutions from ordinary circumstances, tailored for diverse markets. Through investments in people, technology, strategic acquisitions, and expansion programs, Sahara continually explores new frontiers in energy provision. Embracing good corporate citizenship, the company promotes global sustainable development and transparency in business, collaborating with multilateral organizations and stakeholders worldwide.
Summary
- Company: Sahara Group
- Job Title: Budget Analyst Officer
- Location: Lagos State, Nigeria
- Job Type: Full Time
- Qualification: BA/BSc/HND/Msc
Job Title: Budget Analyst Officer
Job Description
Key Responsibilities:
1. Budgeting & Planning
- Lead the development and consolidation of annual budgets in collaboration with asset managers, department heads, and project teams.
- Translate operational and project plans into financial budgets, ensuring consistency with corporate objectives.
- Develop and maintain budget models, templates, and guidelines to support accurate planning.
2. Cost Control & Monitoring
- Implement and oversee detailed cost control systems, tracking actual spend against approved budgets and AFEs (Authorizations for Expenditure).
- Investigate variances, identify root causes, and recommend corrective actions.
- Ensure that all cost data is accurate, timely, and aligned with company accounting policies and JV requirements.
3. Forecasting & Reporting
- Manage monthly and quarterly expenditure re-forecasting, providing early warning of potential overruns or underspending.
- Prepare and deliver timely cost performance reports and dashboards for senior management.
- Support decision-making by providing actionable insights on expenditure trends, cost efficiency, and resource utilization.
4. Stakeholder Engagement
- Partner with project managers and asset teams to monitor project expenditures and improve financial accountability.
- Liaise with JV finance, auditors, and regulatory bodies to support transparent reporting and compliance.
- Provide training and guidance to non-finance staff on cost control principles and practices.
5. Process & Systems Improvement
- Continuously improve budgeting, forecasting, and cost reporting processes, tools, and methodologies.
- Leverage ERP systems and analytical tools to enhance data accuracy and reporting efficiency.
- Promote standardization and best practices across cost management processes.
Knowledge/Skills:
- Knowledge, experience and proficiency demonstrated in all the activities described above.
- Proficient in financial modeling, cost management software (e.g., SAP, Oracle), and MS Excel.
- Strong knowledge of upstream oil & gas project economics, AFEs, and cost control frameworks.
- Ability to present complex financial data in clear, actionable insights for decision-making.
- Familiarity with IFRS/GAAP and JV accounting practices.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively in a team environment.
See Also:
Minimum Qualification / Experience for the Position of Budget Analyst Officer at Sahara Group
- Bachelor’s degree in Finance, Accounting, Engineering, or a related field. A Master’s degree or MBA is an advantage.
- Professional certifications such as CPA, CMA, ACCA, or PMP are highly desirable.
- A minimum of 4 years of experience in budgeting, cost control, or financial management within the oil and gas industry.
Deadline
15th February, 2026
Click Here to See other Jobs.
Get a professional, ATS compliant CV, and Cover Letter from an Expert.
Method of Application
(See tips on how to write a professional CV and a sample cover letter.)
Important: See Helpful Career Resources
