About the position
Role purpose:
Our client is seeking a highly skilled and analytical Chartered Accountant to join the finance team, with a strong focus on Financial Planning & Analysis (FP&A). The ideal candidate will be responsible for preparing budget forecasts, conducting margin analysis, working within HFM (Hyperion Financial Management), ESSbase & VIP, and preparing detailed monthly performance reports to aid in strategic decision-making.
Key accountabilities and decision ownership:
- Group Responsibilities:
- 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: Utilize 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 Modeling: Utilize advanced financial modeling techniques to analyze 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 FP&A 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 Modeling: 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
Must have technical / professional qualifications:
- Chartered Accountant certification (e.g., ACA, ACCA, CIMA or equivalent).
- [URL Removed] 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 requirem
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and presentation skills, with the ability to convey complex financial information in a clear and concise manner.
- Ability to work under pressure and meet tight deadlines
Core competencies, knowledge and experience [max 5]:
- Analytical
- Team player
- People skills
- Handle change
- Strong analytical skills
- Knowledge of the company and industry
- Compelling communication skills
- Financial acumen
- Multiple-stakeholder management ability
- Advanced skills in Hyperion Financial Management (HFM) system, ESSBASE,VIP & SAGE X3
- Advanced levels of experience in financial and business analysis
- Experience in financial strategic planning
- Experience in management of financial information and reporting
Desired Skills:
- Financial Planning
- VIP
- Essbase
- Hyperion Financial Managment
- CIMA
- Financial Reporting Management
- Accounting management
Desired Work Experience:
Desired Qualification Level:
