We’re accepting applications for the position of Finance Manager: Financial Planning and Analysis (FP&A). The Finance Manager will be responsible for preparing budget forecasts, conducting margin analysis, working within HFM (Hyperion Financial Management), Essbase and VIP, and preparing detailed monthly performance reports to aid in strategic decision-making.
Duties and Responsibilities:
- Managing and improving the business group financial reporting
- Developing, implementing, and maintaining an effective budgeting and forecasting system that will provide accurate projections for revenue and expenditure, enabling management to make informed decisions
- Conducting thorough margin analysis to identify trends, variances, and potential areas of improvement, contributing to the optimization of profitability
- Utilizing Hyperion Financial Management (HFM) for financial consolidation, reporting, and analysis. Ensuring data integrity and compliance with financial reporting standards
- Preparing comprehensive monthly performance reports, including variance analysis, key performance indicators (KPIs), and executive summaries to provide insights into financial performance
- Utilizing advanced financial modeling techniques to analyze various financial scenarios and outcomes. Providing recommendations based on financial analysis to support business growth and efficiency
- Ensuring compliance with accounting standards, tax regulations, and internal controls. Regularly reviewing and updating financial policies and procedures to reflect changes in the business environment or regulations
- Working closely with various departments to gather input for budgeting and forecasting. Presenting financial reports to senior management, stakeholders, and board members, providing clear and actionable insights
- Identifying opportunities for process improvements within the finance function. Implementing best practices in FP&A to enhance efficiency and accuracy
- Partnering with the leadership team to formulate and refine short- to long-term financial and strategic plans, ensuring they align with the company’s goals and promote sustainable growth
- Performing in-depth analyses of financial and operational results to better understand the company’s financial health, identifying key trends, opportunities, and areas for improvement
- Managing rolling forecasts under various scenarios to provide a continuously updated financial outlook, facilitating agile and informed decision-making
- Ensuring accurate and timely uploading of financial data, including forecasts and reports, into the VIP system (or another specified financial system), maintaining data integrity for analysis and strategic planning
- Developing comprehensive models to project the company’s long-term growth, considering external and internal factors that may impact performance, to aid in strategic planning and resource allocation
- Offering detailed analysis and insights into the performance of specific products or departments, highlighting success drivers and identifying improvement areas
- Communicating findings and strategic recommendations to senior management, aimed at enhancing revenue, reducing costs, and improving operational efficiency
- Preparing detailed going concern assessments for external auditors, evaluating and documenting the company’s ability to continue as a going concern in light of current financial conditions and foreseeable future events
- Conducting thorough analyses of the company’s solvency and liquidity, assessing its ability to meet short-term and long-term obligations, and providing insights and recommendations to ensure financial stability and risk mitigation
- Managing the quality of monthly results submissions
- Providing commentary on the month-end process to the group
- Managing and reviewing month-end accounting at the entity level with a view to improving consistency across the group
- Aligning SAGE and HFM accounting and disclosure
- Consolidating monthly results and budgets
- Reviewing revenue and cost of sales
- Submitting rolling forecasts
- Managing relations with group finance and tax
- Reviewing annual financial statements across the group
- Running group audits
- Preparing exco reports and month-end results reports
Minimum Requirements:
- Chartered Accountant Certification (ACA, ACCA, CIMA or equivalent)
- Honours Degree in Accounting, Finance, or related field
- Minimum of 5 years of experience in financial planning and analysis, preferably within telecoms
- Proficiency in Hyperion Financial Management (HFM), VIP, Essbase and advanced Excel skills
- Strong understanding of financial reporting standards and compliance requirements
- Excellent analytical, problem-solving, and decision-making skills
- Strong communication and presentation skills, with the ability to convey complex financial information in a clear and concise manner
- Ability to work under pressure and meet tight deadlines
- Creditors and debtors experience
- Ability to process journals