Business Finance Manager

JOB PURPOSE:
Responsible for the support of business in all finance related matters mainly the preparation of financial and strategic planning, monitoring variance against the budget, forecasts, evaluating opportunities/risks / improving efficiencies and implementation of cost control.
As a leader, the role will assist staff members in providing value-added, meaningful, and insightful reporting and analysis for Senior Management.

ACCOUNTABILITIES:

Identifying and addressing the financial impact of business decisions and strategic initiatives, ability to analyse and forecast business impacts.

Partners in business and make recommendations based on analyses to the business units and senior management. Works with the Business Unit Finance team in aligning on decisions and recommendations.

Accountable to present an objective view of the financial situation and provide sound recommendations for the allocation of resources in the most efficient way to achieve the business goals and objectives.

Responsible for monitoring monthly expenditure variance on an ongoing basis and ensuring that actual expenditure remains in line with plan.

Lead investigation when variances are significant and taking necessary control action as required.

Lead, direct and manage the preparation, execution and analysis of the budget and rolling forecasts for business units.

Responsible to lead the units strategic business drivers to determine investment allocation, creating comprehensive and highly structured business cases for proposed projects, ascertaining investment cost and benefits to scope, dependencies, risk, and its alignment to strategic objectives.

Introduce a way of thinking culture that causes people with the authority to recommend projects to first consider their value, risks and relative priority as a fundamental element of submitting the project proposal.

Accountable for evaluating opportunities/risks/ efficiencies by providing sufficient information to facilitate fair evaluations.

Responsible to report on the KPI performance of the assigned group of department.

Review internal controls and recommend enhancements

Able to present solid proof business cases to Cost Management Committee

Ability to Enhance costing process of menu development and changes

Regular review of general ledger accounts and ensures exceptional items are addressed on timely manner.

Enhance and continues improvement of systems and automations.

Qualification

QUALIFICATIONS, EXPERIENCE & SKILLS:

• Bachelor Degree or equivalent in Accounting or Finance
• Preferred - Qualified ACCA, ACA, CPA, CMA or CA or any other related post graduate level qualification

Previous Experience:

• Minimum 7 years relevant experience.
• Good knowledge of internal finance system.
• Experience working to tight internal reporting timescales.
• Expert in costing methodologies and cost reduction technique.
• Enhance and continues improvements of operational systems.
• Knowledge of cost centre accounting, preparing budgets and forecasts.
• Experience manager of a large and diverse team.
• Must have the ability to maintain strict confidentiality of records and information.

Job Specific Skills:

• Strong analytical skills with ability to review variances, understand business cycles and their impact in the profit and loss accounts.
• Excellent communication and presentation skills are a must, as is the ability to work effectively across the organization.
• Must have excellent computer skills including Microsoft Excel, Word, and PowerPoint.
• Must have the ability to analyse and interpret data.
• Must have excellent organizational ability to be able to set priorities, handle multiple responsibilities work interruptions and meet deadlines.
• Must be self-starter and have the ability to work independently with minimal instructions.
• Must have good interpersonal skills.
• Managerial skills - Ability to delegate work, set clear direction and manage workflow. Strong mentoring and coaching skills. Ability to train and develop subordinate's skills. Ability to foster teamwork among team members.