Associate Manager - FP&R

§ Review plant’s annual plans and budgets produced by departments and area analysts and provide recommendations to ensure they meet cost and profitability targets, whilst being realistic and achievable

Evaluate business requirements and manage the consolidation of the assigned area’s budget in-line with business plans to ensure timely submission of budgets to the group reporting and accounting function, while ensuring accuracy of methodology, projections and calculations

§ In conjunction with the FP&A teams, monitor / control expenditure to facilitate operations of the area by controlling costs and exercise in order to achieve a financial performance over the budgeted figure

Monitor and report the financial performance versus budgets so that areas of unsatisfactory performance are identified and rectified promptly, and potential performance improvement opportunities are capitalised upon

§ Manage the consolidation of financial plans and financial forecasts for the assigned area in line with the corporate financial strategy and the overall objectives

§ Manage the development of quarterly forecasts (P&L, Balance Sheets & Cash flow) in liaison with the area analysts to facilitate effective financial planning in line with the assigned area’s business plan

§ Liaise with key area FP&A teams to ensure provision of regular information relating to key financial performance indicators to the finance team

§ Supervise team for the consolidation and reporting of the key performance results to ensure regular performance monitoring, identify any major variances and to generate comprehensive supporting analysis.

Review and consolidate the performance analysis and reports prepared by area FP&A teams and report any exceptional variances (actual versus budget) if any

§ Ensure fixed asset depreciation, reconciliation and impairment assessment are regularly completed in accordance with international accounting standards

Oversee all activities related to the reporting of capital expenditures (plants and corporate functions) to ensure the relevant procedures are followed and expenditure is within limits of approved budget.

§ Review the analysis, interpretation and communication of financial information and prepare management reports to reflect the overall performance of the plant with summaries and analyses on cash flow, balance sheet income statements, capital assets, revenue etc. to support the decision making process

§ Review of monthly reports for Flash, Financial Statement (PNL, Cash flow, Balance Sheet), Working Capital, Savings Initiatives, Controllable costs, Management Reports, BPR, BSC and all related schedules to support monthly reporting with variance analysis to ensure accuracy and present to management to support the decision making process.

Supervise the development and preparation of additional reporting tools and processes as may be required by management and/or third-party stakeholders, including but not limited to analysis of financial and operational performance by segment and profit centre

Communication and Networking

Ensure effective coordination and regular communication with all relevant internal and external stakeholders (such as area FP&A teams, CMOI, financial institutions, auditors, service providers etc), adhering to the highest standards of business ethics, in-order to ensure the services required by the organization are delivered collaboratively and in the most effective manner

Stimulate subordinates and contributes to the identification of opportunities for continuous improvement of systems, processes and practices taking into account ‘international best practice’, improvement of business processes, cost reduction and productivity improvement

Ensure compliance of subordinates to all relevant safety, quality and environmental management policies, procedures and controls across the section in order to guarantee employee safety, legislative compliance and a responsible environmental attitude

§ Perform other related duties or assignments as and when directed

Support Physical verification of asset and stock as and when required.

Authority/ Decision making:

Thinking within clearly defined policies, standards and specific objectives

Direction of work is subject to practices and procedures, output is managed