Highlands Coffee ★ 4.2

Financial Budgeting & Forecasting

• Support FP&A Manager in building up long-term plans, financial modeling, and investment business case.
• Support FP&A Manager and Department Heads to prepare detailed Annual Plan with key assumptions for both top-down and bottom-up budgets, and drive monthly rolling financial forecasting
• Partner with Department Heads and other key stakeholders to provide input for monthly rolling forecasts by store, by channel, and across cost line items, ensuring forecasts are driven with clear inputs and business key assumptions
• Assist in driving consistent process standardization and management across the business to improve forecast accuracy
• Build and manage financial databases by organizing and analyzing a wide range of data sources
• Develop cash flow forecast models and manage working capital consolidation.

Budget Control

• Work on the annual financial plan by store, from revenue to EBITDA, communicate and get final alignment on the annual budget by stores. Prepare Profit and Loss consolidation by Omni-channel, by store, and by sales format.
• Monthly analyze actual financial results vs. the forecast, performing gap analysis with clear explanations of variances compared to forecast, Annual Operating Plan, and previous years.
• Closely monitor the monthly budget to ensure spending is on track with the approved budget, ensuring all variances against the budget are well explained and clearly presented with insights.
• Collaborate with Accounting, Operations, and other teams to ensure alignment on financial plans, budgets, and performance.

Financial Reporting

• Build and deliver standardized management reporting packages to provide leadership with a comprehensive view of business performance.
• Prepare data and information for long-term plans, Annual Operating Plan, Monthly Financial Review, and Quarterly Business Review.
• Support sales and financial preparation for monthly financial reviews and quarterly business reviews.
• Identify opportunities to streamline and automate financial forecasting and reporting processes to reduce manual work and improve efficiency. Work on automation and technology application for management reports.
• Provide ad-hoc analysis, materials, and financial support as requested for Board Meetings and other business needs.

Finance Project and Ad-hoc requirement: Provide support for finance projects as assigned by Line Manager

• Bachelor's degree or equivalent in Finance or Accounting. MBA or professional qualification (ACCA, CPA, CMA/CFA) is a plus.
• 4+ years of experience in a corporate FP&A or financial analysis role, preferably in the retail or consumer products industry.
• Familiarity with ERP systems and financial reporting software.
• Knowledge of Annual Operating Planning, Rolling Forecasting Process
• Apply technology in management reporting build up
• Strong proficiency in financial modeling, data analysis, and business intelligence tools (e.g., Excel, SQL, Tableau, Power BI).
• Effective communication and presentation skills, with the ability to translate complex financial information to non-finance stakeholders
• Results focused – ability to deliver in high pressure environment