This senior position is responsible for business analysis, report preparation for the board, business planning and modeling, budget preparation, financial analysis, and forecasting. The role reports directly to the Group CFO.
Key Roles
1. Financial Planning, Forecasting and Budgeting
- Developing business plan and modeling for the company to be used for budget preparation.
- Preparing budgets, reviewing performance against budget, and querying any material variance.
- Examine the budget estimates or proposals for completeness, accuracy, and conformance with established procedures, regulations, and organizational objectives.
- Periodically monitor the budget by reviewing reports and accounting records to determine if allocated funds have been spent as specified.
- Examine past and current budgets and research economical and financial developments that affect the organization’s spending.
- Supervise and coordinate the budgeting process within the various functions.
- Supervise other staff members in the planning and budgeting department.
- Responsible for communicating with management about budget issues concerning their functions.
- Ensure active budgeting process and application throughout the company.
- Consult with managers to ensure that budget adjustments are made in accordance with program changes.
2. Business Analysis & Modelling
- Develop a costing model for the group.
- Undertake business modeling projects as requested.
- Plan and organize own and team work projects to meet defined objectives and deliverables set by the Directors.
- Deploy assigned resources towards conducting business modelling within defined limits/devolved budget responsibility, to ensure operational and cost efficiency.
- Evaluating adhoc projects.
3. Controls and Financial Reporting
- Manage end month closure and reporting of Key Performance Indicators (KPI’s).
- Manage the group Management reporting process.
- Manage the audit process and Statutory Reporting.
- Financial Covenants reporting as required by the financiers.
- Review of financial process and recommend changes to improve accuracy and transparency.
- Manage the fixed assets department reporting.
- Supervise other staff members in the asset department.
Key Performance Indicators (KPIs):
- Up to date business plans.
- Completion of budget process and seek approval before the year end.
- Monthly closure by Working Day 2 (WD2).
- Completion of Management pack by WD5.
- Balance Sheet Review and filling by WD10.
- Clean and reconciled balance sheet.
Requirements
- Masters/Degree in Accounting, Finance or Equivalent
- CPA k certification
- 8 Years Experience
