Job category: Other: Banking, Finance, Insurance, Stockbroking
Location: Cape Town
Contract: Fixed Term Contract
EE position: No
Introduction
To assist the Business Unit Financial Manager/Senior Profit Analyst with providing the business with a sound system of performance management that is aligned with the achievement of company-wide financial goals and balanced scorecard. To optimize the ongoing and sustainable profit performance of the decision by providing the necessary decision-making framework and support.
Responsibilities
Assist the Business Unit Financial Manager / Senior Profit Analyst with month-end reporting. Variances to budget and last year are analysed and recommendations are made to correct or improve Foods profitability.
Assist with effective planning in the form of an annual budget which is regularly updated with a forecast. Liaise with BU stakeholders to provide accurate, consolidated budgets and forecasts for the BU.
Analyse budget & forecast variances and make recommendations to correct or improve Foods profitability.
Conduct in-depth analysis on key financial risk/opportunity areas in the business, communicating financial levers and providing clear recommendations.
Assist with expense reports and variance analyses on BU cost centres, identifying cost management opportunities and making recommendations.
Prepare and maintain/update performance scorecards on a monthly basis.
Review business initiatives to ensure they meet required returns and support the BU in presenting cases to the Investment Committee.
Ensure positive feedback from Foods Trading Head and the Trading team regarding contributions to financial performance.
Collaborate effectively within the Finance team to ensure the combined delivery of the Finance Strategy.
Develop and use financial models to define key profit drivers and explain these models to line management.
Utilize models for ongoing Business Unit performance assessment and management.
Produce clear financial management information and analyse financial information to make recommendations for improvement.
Inspire and motivate others within the team.
Effectively use the latest decision support technologies (e.g., Hyperion, Cognos, Excel).
Minimum Qualifications
B Comm or similar articles - >1 year experience within a retail (or similar) environment.
B Comm or similar - 3 years' experience within a retail (or similar) environment.
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