The Job holder will be responsible for the provision of high-quality financial management information and provide professional advice to senior managers and all budget managers. To produce monthly financial statements for budget holders that ensure the organization has an up-to-date position with the finances to support decision-making. To contribute to the overall corporate reporting of the organization’s financial position and the reasons behind the more substantial variations to the plan. The post holder will proactively work with budget holders to resolve any concerns or difficulties with their financial performance and will assist in the preparation of the annual budget.
· Exploring and identifying efficiency opportunities & financial engineering to be discussed with business leaders to be implemented to improve the profitability
· Participates in setting the Financial Analysis strategic objectives and cascades the strategic objectives to ensure achieving B. Tech’s Corporate goals
· To lead the month and year-end processes within the business in line with the organization’s deadlines, ensuring all accrual and prepayments are made in line with financial procedures.
· To investigate and report on significant budgetary variances, identifying any remedial action that needs to be taken.
· To analyze the month-end financial position, investigate variances, and make appropriate adjustments, if necessary, in line with internal procedures.
· To produce monthly financial reporting, summarizing the financial performance to date and providing explanations of key variances
· To meet regularly with budget holders to assess financial performance and to provide financial management information, analysis, and advice.
· To ensure budget holders and managers have an awareness of financial performance requirements, including the need for budgetary control and to provide financial awareness where necessary.
· To support the preparation of regular and ad hoc financial statements, variance analysis and to produce a forecast out-turn position monthly for management review.
· To work with internal and external audit and ensure follow up and implementation of matters arising.
To liaise with and assist other staff within the company Finance Team to ensure that corporate, statutory and