WALL STREET ENGLISH ★ 3.1

Key Purpose of the Job:

The Finance Business Partner is responsible for performing budgeting, forecasting and analysis that supports major corporate decisions of the divisional manager of a portfolio business. This role is also responsible for managing the portfolio business’s cash flow, increasing company operating efficiency and ensuring profitability through careful financial planning.

Key Areas of Responsibility:

1. Budgeting & Planning

• Manage the end-to-end process for annual strategy plan, KPI setting, and zero-based budgeting. Partner with departments to create a detailed, accurate, and coherent yearly budget.

• Work with relevant stakeholders to set monthly, quarterly, and yearly targets.

• Review rolling forecasts monthly, or more frequently based on changes to the business, the market, and the operating environment to help management make better decisions to reach company goals.

• Review weekly and monthly cash flow planning and forecasts.

• Develop business case proposals and plans for expansion projects and new opportunities.

2. Performance Management

• Deliver monthly management reporting package to be presented during the management meeting, present insights, recommendations, and be prepared to answer questions related to financial performance.

• Oversee performance management by working with the divisional manager to track them throughout the year.

• Monitor performance through charts, graphs, and tables monthly or more frequently if the portfolio business requires.

• Review with divisional managers, on a monthly basis, to ensure targets are on-track and opportunities for improvement are identified.

• Track the variance of actual operations against the budgets and forecasts. Investigate large or unusual variances to improve future forecasting and to safeguard the business.

• Analyze the portfolio business’s revenue mix and profitability by center, channel, product, customer, segment and function. Monitor trends /over time and proactively investigate any areas that stand out.

3. Decision Making Enablement

• Analyze and advise on pricing and promotion decisions, compensation schemes, and other financially sensitive matters.

• Examine and evaluate the cost-efficiency of each department. Track trends over time, identify outliers and work to improve the portfolio business’s operating efficiency.

• Monitor and analyze key business drivers and financial ratios over time versus target and industry averages, translating them into actionable business insights.

• Coordinate with divisional managers to provide financial support and make recommendations to ensure stable and cost-effective functions.

• Review purchase requests, project expenditures and other expenses, and approve or reject requests based on the budget.

• Maintain close oversight of financial expenditures throughout any projects.

4. Stakeholder Management and Cross-functional Collaboration

• Partner cross-functional to align business strategies with financial outcomes and drive sustainable performance.

• Establish and maintain strong relationships with management and functional teams by fostering collaboration, driving consensus, analyzing results and assumptions.

• 4-6 years of progressive finance or accounting experience

• Strong negotiation skills to support dealing with multiple stakeholders.

• Major Subject: Finance and Accounting

• Required Professional Qualification: CPA, ACCA or CIMA highly preferred

• Business Acumen

• Extremely organized and attentive to detail, strong with numbers.

• Strong independent working skills with dedication to driving and achieving results.

• Excellent verbal and written skills.

• Thorough understanding of accounting and financial reporting principles and practices.

• Ability to work under pressure and meet tight deadlines

• Advanced skills with Microsoft Office products.

• Familiarity with Enterprise Resource Planning (ERP) software systems

• Advanced skills with Microsoft Office products.

• Familiarity with Enterprise Resource Planning (ERP) software systems.