Financial Planning and Analysis (FP&A) at Ascentech Services Limited

Description 

• The role oversees the development of the organization’s yearly budget and forecasts, providing prompt and accurate performance reporting to the management, developing accurate standard costs and variance analysis for all BU related activities and related CAPEX budget control.

Job Responsibilities

• Manage the budget and forecast processes by collecting all financial information necessary for the annual and strategic planning process
• Undertake analysis of risks and opportunities to provide forecast information as required whilst working closely with the BU leadership teams.
• Ensure that timely reporting of performance and variance analysis for all direct and indirect costs are undertaken.
• Identify and report on variance drivers so that appropriate action can be taken as required.
• Design, implement and maintain management information systems using a combination of automated, semi-automated and manual systems.
• Provide management with timely, relevant financial information to better understand the business and cost/revenue profile.
• Ensure timely delivery of accurate financial reports, and monthly and annual accounts to management and external regulatory authorities, where necessary.
• Design and prepare reports for management decision-making.
• Any other report / task as required by the Management
• Develop a strong business partnering structure to facilitate good analysis of all commercial and supply chain activities including new product development and value optimization initiatives.
• Assist in the set-up, continuous assessment and amendment of EPET’s computerized accounting system for greater effectiveness
• Investigate and recommend improvements to the current financial system, work standards and procedures to contribute towards improving profitability through cost control, improved internal controls and greater work efficiency.
• Provide input and review, where applicable, for related CAPEX expenditures
• Track and communicate CAPEX spend to ensure adherence to annual budgets.
• Provide coaching and leadership to direct and indirect employees

Requirements / Skills

• HND / BSc / MSc / MBA in Finance/Accounting/any related discipline is required
• A minimum of 5 years of work experience in Financial Analysis, Advisory, Planning, Risk management Portfolio Management in plastic manufacturing is mandatory
• Relevant professional certification is an added advantage. e.g ICAN, ACCA etc
• Knowledge of Financial policies and procedures is needed
• Must have good business development, report writing, Analytical, organizational, leadership, and interpersonal communication skills.