Job Description

Introduction

Our client in the FMCG industry is seeking a Financial Planning & Analysis Manager to come join their team. You will be responsible for collating data from various sources and analysing and reporting on financial information in a meaningful and interpretive fashion, timeously and accurately.

Duties & Responsibilities

Financial Planning

• Prepare financial plans covering a 3-year horizon for informed decision-making and risk management.
• Include sales figures, pricing, P&L, balance sheet, finished goods inventory, and production planning.
• Collaborate with the Logistics Manager for seamless coordination.

Financial Analysis

• Analyse local and global financial data to explain variances in sales, cost, and expenses.
• Ensure correctness and integrity of information for accurate and reliable reporting.
• Provide sound financial input to support business decision-making.

Approval Process

• Prepare and coordinate approval requests based on the company's global operating guidelines.
• Provide financial information (budgets, cash flow, etc.) to facilitate the approval process.

Reporting

• Generate, check, and submit standard and ad hoc reports regionally and globally.
• Adhere to global reporting guidelines and meet set reporting frequencies.

Annual Plan Updates

• Update the Annual Plan, including Latest Estimates, with revised base assumptions.
• Provide input for Regional/Global Performance Management meetings.
• Monitor variances (actual vs. plan, PY, Les) and conduct variance analysis.

Cash Flow Management

• Manage cash flow projects and analyse variances against actuals.
• Prepare cash flow projections for submission to Global Treasury.

Transfer Pricing

• Calculate and update transfer prices in accordance with the company's guidelines and agreements.
• Ensure compliance with Distributor Agreements and tax structures.

SAP Maintenance

• Maintain material costs and Purchase Info Records (PIR) on SAP.
• Collaborate with producing factories and Global Supply Chain for timely updates.
• Mass update all costs annually at year-end.

TM1 Global Administration

• Load actual financials and volumes on a monthly basis
• create and balance new scenarios as required
• Load product cost for each budgeting scenario from the inhouse portal
• Upload submissions from the SECA TMI model to the SSA+ model
• Upload submissions from TMI to GPM

Other Responsibilities

• Maintain marketing budgets on SAP.
• Prepare financials for PLM tasks as assigned.
• Calculate and communicate gross margins for each Brand Style, highlighting profit risks.

Desired Experience & Qualification

• Possession of a Finance-related tertiary degree or an equivalent diploma, CA (SA,) CIMA qualification
• 5 years working experience in FMCG
• Demonstrated expertise with 3 years of experience in Financial Planning & Analysis (FP&A) encompassing Management OCC, Entity, and MFCF
• Proficiency in utilizing Advanced Excel, SAP, PowerPoint, as well as GPM and TM1 skills.

Performer Recruitment