Financial Planning and Analysis Manager

* The your primary responsibility is to oversee and manage the financial planning and analysis activities within an organization. Your role will involve working closely with various departments, senior management, and executives to provide valuable financial insights, analysis, and
recommendations to support strategic decision-making and drive the company's overall financial performance.

FINANCIAL PLANNING:
• Lead the development and execution of the annual budgeting process, working with department eads to establish financial targets and operational plans.
• Coordinate the creation of detailed financial forecasts and projections to assist in long-term planning and goal setting.
• Monitor and analyze budget-to-actual performance, identifying key drivers of variances and proposing corrective actions as needed.

FINANCIAL ANALYSIS:
• Perform sensitivity and what-if analysis to assess the impact of various business decisions on financial outcomes.
• Collaborate with business units to evaluate the financial feasibility of new projects, product launches, and business expansion opportunities.
• Provide financial insights and recommendations to optimize resource allocation and cost management.
• Support pricing strategies and profitability analysis for various products and services.

FINANCIAL REPORTING AND COMPLIANCE:
• Ensure timely and accurate financial reporting, including monthly, quarterly, and annual financial statements.
• Comply with regulatory requirements and accounting standards, ensuring proper financial controls and adherence to corporate policies.

TEAM MANAGEMENT;
• Lead a team of financial analysts, providing guidance, coaching, and development opportunities to enhance their skills and performance.
• Foster a collaborative and supportive work environment, promoting cross-functional teamwork and knowledge-sharing.
• Evaluate and implement financial planning software and business intelligence tools to streamline financial processes and enhance
reporting capabilities.

SYSTEMS AND TOOLS:
• Stay up-to-date with technological advancements and industry best practices in financial analysis and reporting.

STRATEGIC PLANNING AND FORECASTING:
• Contribute to the development of the company's long-term strategic plan by providing financial insights and identifying potential growth opportunities.
• Assist in creating financial forecasts and scenario planning to align financial goals with the overall Corporate strategy.

QUALIFICATIONS:
* A bachelor's degree in accounting, finance, or a related field is typically required.
• With 3 or 5 years experience in managerial role
• Must possess excellent analytical skills to evaluate financial information and identify areas of concern or improvement.
• Effective communication, leadership, and interpersonal skills.

REQUIRED TECHNICAL SKILLS:
• Creating a template for financial ratios including liquidity, efficiency, leverage, profitability and market value ratio.
• Review previous years Financial Statements
• Comparing Historical to Current year data
• Variance Analysis of Company's Data vs Minimum Standard, bank standard, Targets, Industry Best and Industry Average.
• Create Financial Plan Template
• Project Financial Data up to 2030
• Accounting, Tax, Purchasing, Inventory, Credit and Collection, BQM, Treasury, Investments, Budget Management (All Departments - Budget
Vs Actual)
• Identifying and gathering data of competitors
• Budget Creation
• Budget Planning
• Budget Approval
• Budget Management
• Budget Deliberation
• Mid Year Budget Review
• Annual Budget Review
• Analyze historical trend (atleast previous 5 years)
• Monitor 'check and balance' activity on daily budget transaction
• Evaluate the recognition, valuation and classification of financial data
• Present Financial Plan to CEO and BOD
• Policy and Procedure Formulation
• Create template with company's accounts per line item/account
• Analyze and report Monthly Budget variances and causes

Functional Skills:
*Create Departmental Strategic Plan and Operational Plan
*Create Departmental Budget
*Formulate Reportorial Reports for presentation to Mancom
*Supervise supervisors on their daily tasks and reportorial deliverables
*Conduct one-on-one coaching sessions on performance
*Handle employee career development and individual development plan
*Provide job orientation and KPIs/Targets
*Monitor attendance and reportorial requirements of subordinate/s
*Conduct performance management and evaluation
monthly/quarterly
*Submits performance evaluation of subordinate/s to HR

SALARY RANGE: PHP. 50,000.OO - 70,000.00