Assistant Manager, Financial Planning & Analysis

Job Purpose

To formulate financial strategies and initiatives that enhance business performance, ensuring adherence to statutory regulations and corporate goals. Initiate financial planning and analysis processes, providing valuable insights to senior management for decision-making. Foster a data-driven approach to cost management, revenue generation, and financial efficiency.

Key Responsibilities

Core Responsibilities:

• Implement financial models and forecasting techniques to support strategic decision-making.
• Improve financial reporting processes for accurate and timely insights.
• Establish robust budgeting mechanisms to track and control financial performance.
• Manage cost accounting functions to ensure efficiency and profitability.
• Initiate measures for variance analysis, identifying cost reduction opportunities.
• Oversee financial risk assessment and mitigation planning.
• Present financial insights to senior management, facilitating strategic planning.
• Promote standardization of reporting structures and performance analysis.
• Enhance business intelligence tools to improve data visualization and analytics.
• Support capital investment evaluations, ensuring financial feasibility and impact assessment.

Quality & Excellence Management:

• Enhance financial reporting accuracy and adherence to compliance standards.
• Monitor the implementation of process improvement initiatives.
• Establish key performance metrics to track financial efficiency.
• Promote a culture of excellence in financial planning and analysis.

Qualifications and Experience

Preferred Educational Qualifications and Professional Certifications

• Bachelor’s degree in Business Administration, Accounting, or Finance, or a related field.
• Master’s degree in Business Administration, Accounting, or Finance, or a related field.
• Professional certifications such as CMA (Certified Management Accountant), ACCA (Association of Chartered Certified Accountants), or equivalent are a plus.

Experience

• Minimum 5-7 years of experience in financial planning & analysis.