Responsibilities

Budgeting and forecasting

• Manage and oversee the annual budgeting, forecasting, and long-term financial planning processes.
• Consolidation of overall comprehensive companywide budget linking to comprehensive functional budgets and into business units (up to profitability level).

Financial Modelling and reporting

• Develop and maintain complex financial models to support decision-making across the organization.
• Monitor profitability by business unit, providing insights and making the necessary recommendations towards the attainment of the key company goals.
• Consolidate reports on profitability by business unit.
• Translate business strategy into impact on profitability and balance sheet.
• Generation of investment appraisal reports (on adhoc basis).

Financial Planning and Analysis

• Analyse financial data to identify trends, risks, and opportunities for growth.
• Advise the Head of Finance on potential investments.
• Generate reports on payback periods and risks associated with investments.

Cost Analysis and Management

• Conduct detailed cost analysis to identify areas for cost optimization and process enhancements.
• Monitor and report on product costing, ensuring accuracy and profitability.
• Implement cost control measures and track their impact on the bottom line

Key decision making

• Drive business performance using the key predetermined performance metrics.
• With the support of the Head of Finance, drive the annual planning processes to set stretching and realizable goals.
• Support in the implementation of forecasting tools, methods, and improvements, including shaping key assumptions and drivers; quantifying the risks and opportunities, and developing mitigation plans.
• Implementation and management of cost allocation methods for products and core business processes (production and sales).
• Determine payback period for investments, current and potential, and prioritize based on feasibility.
• Advise on proper resource allocation after assessment of the performance of the business units and overall company.

Qualifications

• Bachelor's degree in finance, Accounting, or a business-related field. An MBA or advanced degree is a plus.
• Holder of Certified Public Accountant (CPA) Chartered Accountant (ACCA) or Chartered Management Accountant (CIMA) and any other relevant professional certification.
• 8+ years of progressive experience in financial planning and analysis, budgeting, forecasting, and financial modeling, with at least two years in functional or team leadership responsibility.