* Financial Strategy Support
-Develop, manage, and refine the budgetary framework and
financial planning processes to provide accurate, timely insights and forecasts
that inform strategic decisions
-Act as a financial advisor to departmental leaders,
interpreting financial data to guide resource allocation, support project
prioritization, and enhance financial accountability across the organization.
* Comprehensive Budgeting Process Management
-Lead
the
annual budgeting process by coordinating cross-departmental
budget
submissions, aligning budgets with strategic priorities, and
ensuring all financial
projections are realistic and well-supported.
-Oversee ongoing budget tracking and reforecasting efforts,
identifying variances, and recommending corrective actions to maintain
financial health and achieve fiscal
objectives.
* High-Level Financial Analysis and Forecasting
-Conduct advanced financial analysis on revenue, expenditure
trends, and key performance indicators (KP|s) to inform forecasting models that
predict financial outcomes based on both internal and external factors.
-Utilize data analytics tools to model scenarios, assess
potential risks, and quantify the financial impact of various business
strategies and market changes.
•
Optimizing Resource Allocation and Cost Management
-Identify cost-saving opportunities by analyzing spending
patterns, vendor contracts, and departmental budgets to support continuous
improvement and operational efficiency.
-Work with procurement and department heads to review
financial feasibility for major projects, capital investments, and other
resource-intensive activities, ensuring efficient use of funds.
* Enhancing Financial Reporting and Transparency
-Develop and refine financial reports, dashboards, and
presentations that provide leadership with actionable insights and a clear view
of financial performance.
-Regularly review and improve the accuracy and timeliness of
financial reports to meet the needs of both internal and external stakeholders,
such as investors, auditors, and regulatory bodies.
* Ensuring Financial Compliance and Risk Management
-Ensure that financial operations and processes are in line
with regulatory standards, organizational policies, and best practices to
minimize risks and enhance the company's financial standing
-Proactively identify financial risks and work closely with
other departments to implement mitigative strategies, fostering a robust
financial control environment.
Mentorship and Cross-Functional Collaboration
-Provide mentorship to junior analysts, guiding them on best
practices for financial analysis, modeling, and reporting.
-Collaborate across departments, building a deep
understanding of each department's financial needs and ensuring alignment with
the company's broader financial and strategic objectives.
Education
* Bachelor's Degree in finance, accounting, economics, or a
related field (often the minimum requirement).
* Advanced Degree (Preferred), such as an MBA or a Master's
in Finance, Accounting, or Economics.
* Professional Certifications (Preferred) like Certified
Public Accountant (CPA), Chartered Financial Analyst (CA), Certified Management
Accountant (CMA), or Certified Financial Planning & Analysis (FP&A)
certification, which indicate expertise in financial planning, analysis, and
compliance.
Experience
* 5-7+ years of experience in finance or accounting, with a
focus on budgeting, forecasting, and financial analysis.
* Prior experience in roles such as Financial Analyst,
Budget Analyst, or Accountant, with exposure to budgeting, forecasting, and
cost management
* Experience in high-stakes or fast-paced industries is
often valuable, particularly if the company operates in a similarly complex
environment.
* Proven experience in leading budget processes and
collaborating with cross-functional teams, with responsibility for financial
reporting and presentations to senior management.
Technical Skills
* Financial Analysis and Modeling: Expertise in advanced
financial modeling, including sensitivity and scenario analyses, and
proficiency in valuation techniques.
* Budgeting and Forecasting: Strong budgeting and
forecasting skills, with the ability to interpret trends, anticipate future
financial needs, and adapt to financial shifts.
* Data Analytics and Reporting: Proficiency in data analysis
and reporting tools, such as Microsoft Excel (advanced), SQL, and financial
reporting software (e.g., Hyperion, Adaptive Insights).
* ERP and Financial Systems Knowledge: Familiarity with
enterprise resource planning
(ERP) systems like SAP, Oracle, or PeopleSoft, and business
intelligence tools (e.g., Tableau, Power BI).
* Knowledge of Financial Regulations: Understanding of GAAP,
IFRS, and regulatory compliance standards, with the ability to incorporate them
into financial planning and reporting.