About the position
My client is seeking for two Finance Managers, (MUST have worked with Hyperion Financial Management (HFM) system ESSbase VIP tools). The first role is for a highly skilled Chartered Accountant specialising in Financial Planning Analysis (FPA), tasked with budget forecasting, margin analysis, and generating detailed monthly performance reports using HFM, ESSbase VIP tools. The second role, Financial Manager for Operations, requires a Chartered Accountant to oversee and optimise operational finances, improve cost controls, and drive profitability. This role collaborates closely with operational teams to implement financial best practices and provide strategic financial insights, contributing significantly to the company's overall financial health and operational excellence. This is a 3 month fixed term contract.
- Chartered Accountant certification (e.g., ACA, ACCA, CIMA or equivalent). OR
- Hons. Bachelor's degree in Accounting, Finance, or related field.
- Minimum of 5 years of experience in financial planning and analysis, preferably within a similar industry.
- Proficiency in Hyperion Financial Management (HFM), VIP, ESSBASE and advanced Excel skills.
- Strong understanding of financial reporting standards and compliance requirements.
- Manage and improve the Business group financial reporting
- Budgeting and Forecasting: Develop, implement, and maintain an effective budgeting and forecasting system that will provide accurate projections for revenue and expenditure, enabling the management to make informed decisions.
- Margin Analysis: Conduct thorough margin analysis to identify trends, variances, and potential areas of improvement, contributing to the optimization of profitability.
- HFM Proficiency: Utilise Hyperion Financial Management (HFM) for financial consolidation, reporting, and analysis. Ensure data integrity and compliance with financial reporting standards.
- Monthly Performance Reporting: Prepare comprehensive monthly performance reports, including variance analysis, key performance indicators (KPIs), and executive summaries to provide insights into financial performance.
- Financial Analysis and Modelling: Utilize advanced financial modelling techniques to analyse various financial scenarios and outcomes. Provide recommendations based on financial analysis to support business growth and efficiency.
- Compliance and Control: Ensure compliance with accounting standards, tax regulations, and internal controls. Regularly review and update financial policies and procedures to reflect changes in the business environment or regulations.
- Stakeholder Engagement: Work closely with various departments to gather input for budgeting and forecasting. Present financial reports to senior management, stakeholders, and board members, providing clear and actionable insights.
- Continuous Improvement: Identify opportunities for process improvements within the finance function. Implement best practices in FPA to enhance efficiency and accuracy.
- Strategic Financial Planning: Partner with the leadership team to formulate and refine short- to long-term financial and strategic plans, ensuring they align with the company's goals and promote sustainable growth.
- Operational and Financial Analysis: Perform in-depth analyses of financial and operational results to better understand the company's financial health, identifying key trends, opportunities, and areas for improvement.
- Budget Collaboration and Evaluation
- Rolling Forecasts: Manage rolling forecasts under various scenarios to provide a continuously updated financial outlook, facilitating agile and informed decision-making.
- VIP System Management: Ensure accurate and timely uploading of financial data, including forecasts and reports, into the VIP system (or another specified financial system), maintaining data integrity for analysis and strategic planning.
- Long-Term Growth Modelling: Develop comprehensive models to project the company's long-term growth, considering external and internal factors that may impact performance, to aid in strategic planning and resource allocation.
- Ad-hoc Performance Analysis: Offer detailed analysis and insights into the performance of specific products or departments, highlighting success drivers and identifying improvement areas.
- Strategic Recommendations: Communicate findings and strategic recommendations to senior management, aimed at enhancing revenue, reducing costs, and improving operational efficiency.
- Going Concern Assessments: Prepare detailed going concern assessments for external auditors, evaluating and documenting the company's ability to continue as a going concern in light of current financial conditions and foreseeable future events.
- Solvency and Liquidity Analysis: Conduct thorough analyses of the company's solvency and liquidity, assessing its ability to meet short-term and long-term obligations, and providing insights and recommendations to ensure financial stability and risk mitigation
- Management of quality of monthly results submissions
- Providing commentary of month end process to Group
VBA Responsibilities:
- Manage and review month end/ accounting at entity level with a view to improve consistency across the Group.
- Aligning SAGE and HFM accounting and disclosure
- Consolidations of monthly results / budget
- Reviewing revenue and cost of sales
- Submissions of rolling forecasts
- Manage relations with Group Finance and tax
- Review annual financial statements across the group,
- Run Group Audits
- Prepare EXCO reports and month end results reports
Desired Skills:
- Time Management
- Critical Thinking
- Spreadsheet software
- Judgment and Decision Making
- Active Listening
- Tax preparation software
- Accounting Software
