Reporting to the Director of Finance, the Manager (Financial Planning & Analysis) is responsible for supporting the annual budgeting process and coordinating budget submissions across departments within SBF.
This incumbent will play a key role in annual budgeting, rolling forecasts, management reporting, monthly financial review presentations, Council and Committee reporting, business performance analysis and providing financial insights to support management decision-making.
Responsibilities:
1. Budgeting and Financial Planning
- Support the annual budgeting exercise by coordinating with departments on budget submissions.
- Consolidate departmental budgets and prepare budget summaries for management review.
- Monitor budget utilisation and highlight significant variances.
- Support ongoing improvements to budgeting practices, including implementation of Zero-Based Budgeting (ZBB) within NetSuite over time.
2. Rolling Forecast
- Maintain and manage the rolling forecast model.
- Consolidate variance explanations from departments by analysing actual performance against budget and forecast.
- Highlight emerging financial trends or potential budget deviations for management attention.
3. Programme / Project Financial Monitoring (Cost Recovery Focus)
- Monitor the financial performance of programmes and projects to ensure they meet Cost Recovery Ratio (CRR) targets.
- Track income and cost performance across SBF income pillars.
- Prepare periodic analyses of programme-level financial performance and highlight areas where cost recovery targets may not be achieved.
- Work with programme owners to understand key cost drivers and income assumptions affecting programme financial performance.
- Support the Finance team in providing visibility on the financial sustainability of programmes and initiatives.
4. Management Reporting
- Prepare the monthly Financial Review Deck for management meetings.
- Prepare quarterly financial reports for Council meetings.
- Provide clear analysis explaining major financial movements, variances and trends.
5. Ad Hoc Financial Analysis
- Perform ad hoc financial analysis or modelling when required.
- Assist in compiling financial data and analyses to support management discussions, programme reviews, or new initiatives.
6. Systems and Data Support
- Utilise NetSuite and other financial tools to extract and analyse financial data for planning and reporting purposes.
- Support enhancements to financial reporting templates and dashboards.
- Ensure accuracy and consistency of financial data used in budgeting and reporting.
7. Collaboration within the Organisation
- Work with internal teams to gather financial information required for budgeting, forecasting, and reporting.
- Provide guidance to departments on budget submissions and financial information requirements.
- Support Finance initiatives aimed at strengthening financial discipline and transparency across SBF.
Requirements:
- Bachelor's degree in accounting, Finance or an equivalent qualification.
- At least 5 years of relevant working experience.
- Strong interpersonal and communication skills, with the ability to work effectively with stakeholders across the organisation
- Ability to work under tight deadlines and manage priorities effectively.
- Proficient in Microsoft Excel and financial reporting tools.
- Preferably experienced in Oracle NetSuite.
