About this role
TITLE: Financial Planning Analyst REPORTS TO: FP&A Manager GENERAL ROLE The Financial Planning Analyst is responsible for supporting the FP&A Manager in the annual budgeting and re-forecasting processes. He/she ensures all guidelines are respected as well as keeping the good quality of data that translates the local strategic plan through budget years. He/she is also responsible for monitoring the overall financial performance with meaningful analysis to ensure financial goals and company’s objectives are met. He/she is also an active contributor to the reporting process for each closing phase. MAJOR RESPONSIBILITIES 1. Budget construction
• Proactively support the FP&A manager during the Budgeting and re-estimate construction • Create and simulate inventory equations, margins, and depreciation by products in different scenarios • Update and maintain various budget templates with data submitted from departments • Prepare and report budget P&L and ensure accuracy and completeness of data through the budget periods • Report monthly sales re-estimation into the system • Report budget cashflow in local and original currencies • Calculate and allocate each department’s annual budget • Perform ad-hoc analysis requested from management
2. Financial reporting
• Work closely with the accounting team to ensure accuracy of closing data • Report the closing data for each reporting phase with analysis into the system • Review the monthly inventory depreciation computation and analyze aging inventory trends to manage financial risks and opportunities related to the inventory • Proactively track and assess all overhead expenses. Perform detailed variance analysis of actuals vs. budget, reforecast, and identify any risks and opportunities 3. Others
• Work closely with Merchandising and provide financial information in buying process • Enhance and maintain reporting tools and templates • Manage, update, and create expense users in expense system REQUIREMENTS & CAPABILITIES
• Bachelor’s degree in accounting, Finance, or related field • 4 to 6 years of experience in FP&A • Strong analysis skills with accuracy in details • Excellent communication and interpersonal skills • Proficient in MS office applications, especially in Excel • Knowledge of Cognos, SAP, Magnitude and TM1 system is a plus • Fluent in English