Financial Planning and Analysis Specialist

We are looking for an FP&A Specialist for our global German business partner.

Qualifications

• Bachelor’s degree with major in Business Administration, Economics or Finance
• Fluency in English, both written and spoken
• At least 4 years of experience in a similar role within a multinational company
• Experienced in Financial & Business Controlling
• A firm understanding of financial statements /or commercial systems, including P&L,
• Cash Flow, and Balance Sheet,
• Knowledge of statutory & international accounting & reporting standards
• Excel modeling familiarity with complex financial models such as cost models, P&L modeling or scenario analysis
• Proficiency in Microsoft Office, with strong Excel skills (manage spreadsheets and design data models.)
• ERP (SAP) experience & knowledge is a must.
• Ability to work in a fast-paced and multicultural environment
• Attention to detail; analytical approach; questioning mindset capabilities; a good team player
• Task oriented and capable of working with strict deadlines
• Solution-oriented mindset with strong communication skills with speak-up
• Exceptional interpersonal and communication abilities, navigating stakeholder relationships
• with ease.
• Being flexible to changes in business environment, concept and tools
• Willing to take responsibility

Responsibilities

Cost Analysis, Reporting & Budget Planning

• Support financials in month/year-end closing & reporting activities
• Forecasting, business planning, budgeting & strategic planning including periodical revisions. Design/revise the model based on business operations, review and validate operational plans of departments and generate the financial budget
• Prepare business performance (Budget/Forecast/Actual/Prior Year comparison) reviews including financial statements as well as KPI’s, operational metrics and prepare commentary
• Provide management with accurate, relevant business analysis to support monthly operational reviews and ad-hoc requests, and ensures timely and accurate information
• Generate management reports to provide clear and precise information for decision making, review business performance on a monthly basis and provide recommendations to the leadership team
• Provide analytical and financial modelling support for critical business decisions, working closely with sales,marketing and supply chain teams
• Taking an active role on cost saving projects.

Revenue Management

• Allocation and distribution of promotion / product campaign invoices by customer and product in SAP.
• Analyze historical data and market trends to predict future revenue.
• Collaborate with pricing team to set optimal prices based on demand elasticity, competition, and cost structures. (Support Pricing Strategy Development)
• Product Performance Monitoring; Tracking key performance indicators (KPIs) such as Revenue per product, Profitability per product.
• Identify revenue leakage and recommend corrective actions.
• Provide insights to support strategic decisions like promotions, discounts, or product
• launches.
• Support budgeting and forecasting processes with revenue insights.
• Analyze customer data to identify profitable segments.
• Create /update reports to communicate revenue trends and forecasts to management.
• Present findings to the management to support strategic planning.

Treasury Management: AP, AR & Bank Operations

• Schedule and monitor timely vendor payments while managing the AP cycle.
• Coordinate weekly reimbursement cycles, ensuring timely disbursements.
• Prepare monthly Cash Flow & Making analysis
• Develop short-term and long-term cash flow forecasts
• Generate weekly customer collection reports and provide regular updates to the sales team
• Monitor daily cash positions and ensure sufficient liquidity for operations.
• Manage relationships with banks and financial institutions.
• Partner with Finance and IT systems teams to identify process improvements and implement corrective actions.
• Identify and mitigate financial risks such as currency fluctuations, interest rate changes, and credit exposure.

Digitalization &MS-BI Usage

• Utilize data visualization tools such as Power BI to develop dynamic reporting dashboards.
• Drive process improvement initiatives in financial planning and reporting to enhance efficiency.
• Drive digitization initiatives in the respective area by designing, building, and testing analytical modeling solutions.