Group Manager FP&A

SUMMARY:
1. In-depth understanding of financial planning and analysis principles and practices. 2. Knowledge

POSITION INFO:

We are looking for a Group Manager FP&A at our client. This is a permanent role.

Core Description

The Group Manager of FP&A will oversee the financial planning and analysis function, providing strategic insights and recommendations to senior management. This role involves leading budgeting, forecasting, and financial reporting processes to support decision-making and optimise financial performance. The ideal candidate will have extensive experience in FP&A and will work closely with divisional finance teams to drive financial discipline, enhance forecasting accuracy, and ensure alignment between financial goals and business performance.

Job Responsibilities

1. Financial Planning:

• Lead the annual budgeting, strategic planning and forecasting processes, ensuring alignment with the company's strategic objectives.
• Consolidate group-wide financial plans and prepare executive-level reports and presentations.

2. Financial Analysis:

• Conduct detailed financial analysis to identify trends, variances, and opportunities for improvement.

3. Reporting:

• Prepare and present financial reports to senior management, providing insights and recommendations for decision-making.

4. Performance Monitoring:

• Develop and monitor key performance indicators (KPIs) to track financial performance and operational efficiency.

5. Strategic Support:

• Collaborate with various departments to provide financial insights and support strategic initiatives.
• Support Group CFO and EXCO with scenario analysis, sensitivity modelling, and ad hoc financial analysis.
• Oversee and enhance FP&A tools, systems, and data integrity in collaboration with IT and BI teams.
• Monitor capital allocation, cash flow forecasts, and financial performance against strategic targets.

6. Process Improvement:

• Identify opportunities for process improvements in financial planning and analysis, implementing best practices to enhance efficiency.
• Drive standardisation and automation of FP&A processes across the Group.

7. Team Leadership:

• Lead and develop the FP&A team, fostering a culture of excellence and continuous improvement.

Minimum Person Requirements

Functional Knowledge

1. In-depth understanding of financial planning and analysis principles and practices.
2. Knowledge of the agriculture industry's financial dynamics and challenges.
3. Familiarity with financial modelling and forecasting techniques.
4. Knowledge of the AS400 or similar software would be advantageous.

Qualifications

Bachelor’s degree in finance, Accounting, Business Administration, or a related field; MBA or CFA preferred

Experience

Minimum of 7-10 years of experience in FP&A, with at least 3-5 years in a leadership role.

Experience in a diversified group environment or a large, complex organisation.

Advanced financial modelling and Excel skills; proficiency in ERP and BI systems (e.g., SAP, Oracle, Power BI)

Special Requirements

• Valid driver's license
• Bilingual (English and Afrikaans) is advantageous.
• Located in Northern Gauteng and willing to travel for work.

Key Stakeholders (internal/ external)

Internal: Head of Corporate Reporting and Tax, Finance Team, Operational Teams, and Divisional Teams

External: Auditors, Regulatory Bodies, Industry Experts and Consultants

Key Metrics

1. Budget Accuracy: Ensure accurate and timely preparation of budgets and forecasts.
3. Financial Performance: Achieve targeted financial performance metrics and KPIs.
4. Reporting Quality: Provide high-quality financial reports with actionable insights.
5. Process Efficiency: Implement process improvements to enhance efficiency and accuracy.

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