Manage the end-to-end process for annual strategyplan, KPI setting, and zero-based budgeting. Partner with departments to create a detailed,accurate, and coherent yearly budget.
Work with relevant stakeholderstosetmonthly, quarterly, and yearlytargets.
Reviewrollingforecastsmonthly, or morefrequentlybased on changes to the business, themarket,and the operating environmentto help management make better decisionstoreachcompanygoals.
Reviewweekly andmonthly cash flow planning and forecasts.
Develop business case proposals and plans for expansion projects and new opportunities.
Performance Management
Delivermonthlymanagementreporting package to be presented during the management meeting,present insights,recommendations,and be prepared to answer questions related to financial performance.
Oversee performance management by working with the divisional manager to track them throughout the year.
Monitorperformance through charts,graphs,and tables monthly or morefrequentlyif the portfolio businessrequires.
Review with divisional managers,ona monthlybasis,to ensure targets areon-trackand opportunities for improvement are identified.
Track thevariance of actual operations against the budgets and forecasts. Investigate large or unusual variancestoimprove future forecasting and to safeguard the business.
Analyze the portfolio business's revenue mix and profitabilityby center, channel, product,customer,segmentandfunction.Monitor trends/over time and proactively investigate any areas that stand out.
DecisionMakingEnablement
Analyze andadviseonpricing andpromotiondecisions,compensation schemes,and other financially sensitive matters.
Examine and evaluate the cost-efficiency of each department. Track trends over time,identifyoutliers and work to improve the portfolio business's operating efficiency.
Monitor and analyze key business drivers and financial ratios over time versustarget andindustry averages, translating them into actionable business insights.
Coordinate with divisional managers to provide financial support and make recommendations to ensure stable and cost-effective functions.
Review purchase requests, projectexpendituresand other expenses, and approve or reject requests based on the budget.
Maintain close oversight of financialexpendituresthroughout any projects.
