PURPOSE:
This position requires a strategic finance professional who will focus on P&L reconciliation, management reporting (inclusive of risks), and budgeting and forecasting for enabling functions as identified and overall responsibility for inventory. You will collaborate closely with leaders in these functions to provide financial insights, support planning, and contribute to the achievement of organizational goals.
RESPONSIBILITIES:
Income statements for enabling functions, ensuring accuracy and completeness. Analyse variances to budget, including forecast and provide insights into key drivers impacting financial performance. Develop and deliver comprehensive management reports for the assigned business area, inclusive of risks and opportunities. Provide strategic insights to support decision-making and mitigate potential risks. Manage the budgeting and forecasting processes for enabling functions, working closely with department heads and business units. Provide financial guidance to support the development of realistic and achievable financial plans. Conduct detailed cost analysis for the assigned business area, identifying areas for optimization and cost-efficiency. Work collaboratively with functional leaders to implement cost-saving initiatives without compromising operational effectiveness. Collaborate with enabling function leaders to develop financial plans and strategies aligned with organizational goals. Provide financial insights to support strategic decision-making and ensure financial sustainability. Enforce financial governance standards and policies within enabling functions. Ensure compliance with financial regulations and internal control procedures. Improve forecast accuracy by implementing robust forecasting models for enabling functions. Conduct thorough variance analysis to explain budget-to-actual discrepancies and drive corrective actions. Conduct ad hoc financial analysis and scenario modelling as requested by senior management or functional leaders. Provide actionable insights for special projects and initiatives. Collaborate with leaders to analyse strategic investments within enabling functions. Evaluate the financial impact of proposed projects and initiatives, supporting decision-making on resource allocation. Preparing the function and or business units budgets and forecast. Trust, teamwork, communication, and respect are keys to effective working relationships. Develop positive relationships with the individuals you interact with at work to make your job more enjoyable and productive. Interaction with the finance team is essential for overall alignment with financial goals, budgeting, and financial planning. Regular communication with management and leadership teams to provide financial insights and reports, and to discuss financial strategies (aligned to the function they are assigned to support). Collaboration with billing and accounts receivable teams to ensure accurate recording of billing information and proper revenue recognition. Interaction with the accounts payable team to coordinate payment processes and ensure accurate recording of expenditures. SKILLS & EXPERIENCE:
MBA OR CA(SA) Solid experience in financial analysis, business partnering, or a related finance role Strong understanding of financial principles, P&L statements, and budgeting processes Strong analytical and problem-solving skills to analyse financial data and provide strategic insights Proficiency in financial modelling and analysis to support budgeting, forecasting, and decision-making Excellent verbal and written communication skills to convey complex financial information to non-finance stakeholders. Sound understanding of the business, industry, and market trends to drive informed financial decisions. Ability to collaborate effectively with cross-functional teams and business units to achieve common financial objectives. Ability to think strategically and align financial initiatives with overall organizational goals.
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