Job Description
The Role
Financial Planning and Forecasting
- Lead the annual budgeting and forecasting process, ensuring accuracy and alignment with organizational goals.
- Prepare detailed presentation slides summarizing the performance of assigned businesses, incorporating narrative elements to enhance understanding and outline necessary actions.
- Analyze trends, variances, and key performance and indicators to make accurate and timely financial forecasts
Strategic Analysis and Reporting
- Prepare and present monthly, quarterly, and annual financial reports to senior management, highlighting key insights and actionable recommendations.
- Develop and maintain financial models to support strategic initiatives and business planning.
- Conduct ad-hoc financial analyses as needed to support decision-making and initiatives.
Business Partnership
- Collaborate with cross-functional teams to provide financial insights that drive business performance and resource allocation.
- Act as a trusted advisor to department heads, providing guidance on financial implications of business decisions.
Project Investment Evaluation
- Partner with business divisions to evaluate capital investment proposals, ensuring alignment with organisation's strategic objective and financial priorities.
- Lead discussions with project sponsors and relevant divisions to challenge business assumptions, validate project scope, benefits, costs, implementation timelines and key risks.
- Perform and/or review rigorous financial evaluations, including NPV, IRR, payback period scenario and sensitivity analyses, to assess the commercial viability of investment proposals.
Budgetary control and monitoring
- Partner with VP Finance to develop and implement a robust budgetary control system that encompasses the entire budgeting process, from initial planning through execution and variance analysis.
- Work collaboratively with division/department heads to set budgetary guidelines, ensuring that all financial resources are allocated efficiently and effectively to meet organizational goals.
- Regularly monitor budget performance against actual results, providing comprehensive reports and insights on variances, explaining deviations, and recommending corrective actions
Oversight of Joint ventures and subsidiaries
- Conduct regular financial analyses and reviews of joint ventures and subsidiaries, assessing their contributions to overall corporate financial performance and identifying areas for improvement.
- Collaborate with counterparts in joint ventures and subsidiaries to establish performance metrics, track financial results, and ensure compliance with corporate financial policies and reporting standards.
Process Improvements
- Identify and implement process improvements within FP&A and other finance-related areas to enhance efficiency and accuracy and ensure compliance and best practices.
Leadership and Development
- Mentor and develop FP&A team members, fostering a culture of continuous improvement and professional growth.
- Partner with the Financial reporting and General Accounting department on reporting and compliance matters, ensuring alignment and accuracy in financial reporting.
Requirements
- Degree in Finance, Accounting, or a related field with professional certification, CA/CPA/ACCA preferred.
- Minimum 7 years of experience in FP&A or similar finance role, with a proven track record of financial analysis and reporting.
- Strong proficiency in financial modelling, forecasting, and analytical tools (e.g., Excel, financial, Oracle and Workday).
- Experience in port operations, logistics or related sectors is advantageous.
- Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders.
- Strong communication and interpersonal skills to effectively work with diverse stakeholders.
- Proven leadership skills with experience in mentoring and developing finance professionals.
