Financial Planning & Analysis Manager

Summary:

The FP&A Manager is responsible for establishing and managing a robust financial budgeting, planning, analysis and forecasting process for the Company. This role involves collaborating with department heads to develop and execute financial plans, budgets, and forecasts that align with the overall business strategy. The FP&A Manager will also provide valuable insights, financial analyses, and recommendations for long-term financial planning and strategic decision-making to optimize financial performance.

Key Accountabilities:

Financial Analysis and Forecasting:

• Lead the financial analysis & forecasting process to analyze all financial aspects affecting profitability & business performance, improving forecast accuracy & proposing recommendations for profit maximization and sustainability.
• Analyze and articulate the drivers of organizational performance through interpretation of financial results and macro-economic trends to support strategic planning and decision-making.
• Collaborate with department heads to gather data and develop departmental forecasts, ensuring alignment with overall financial goals.
• Assist in preparing comprehensive business updates and decks to facilitate strategic planning for senior leadership.
• Manage financial databases by organizing and analyzing diverse data sources, consolidating Profit and Loss statements by channels and formats.
• Lead both consolidated and segment financial monthly rolling forecasts, including P&L, balance sheet, and cash flow.

Financial Planning & Budgeting:

• Assist the Head of FP&A in developing & maintaining the end-to-end short- and long-term planning processes for Highlands operations, driving effective monthly financial forecasting, reporting processes (including MFR’s), and long-term planning that aligns with Highlands’ business strategic objective.
• Implement the annual financial budgeting process to ensure alignment with corporate strategy and overall business goals.
• Collaborate with department heads and senior management to develop annual budgets in alignment with the company strategy goals.
• Manage and control Store Opex and BU G&A Budgets, defining metrics to evaluate performance against forecasts and goals.

Capital Planning and Cost Controlling

• Assist in capital management and optimize the cash conversion cycle to align the company’s short-term and long-term financing needs with its financial strategy.
• Evaluate & prioritize capital investments based on potential returns and strategic alignment.
• Determine the optimal allocation of financial resources across different departments or projects.
• Implement systems to govern cost control and review departmental accrual expenses, tracking performance against plans.
• Collaborate with the Accounting Team to manage cash flow and balance sheet, ensuring accurate and timely financial transactions.

Reporting and Performance Management

• Manage all financial reports, including Monthly MFR, QBR, Board Meeting materials, and corporate reporting (JFC and VTI).
• Analyze financial data to identify trends, risks, and opportunities for improvement.
• Develop and maintain financial models to support strategic decision-making and conduct scenario analyses for potential impacts of various business decisions across all functions, except Supply Chain and Commercial.
• Continuously enhance financial reporting and drive business review processes.

Lead special projects as designed and defined by the CFO such as digital transformation, finance transformation.

Job Requirements:

• 07+ years of experience in financial planning and analysis, budgeting, and forecasting, preferably in the retail or consumer products industry.
• Proven experience in a managerial role within a finance function, preferably in a corporate environment.
• Strong financial modeling and analytical skills.
• Proficient in financial analysis tools and software.
• Strong proficiency in financial modeling, data analysis, and business intelligence tools (e.g., Excel, SQL, Tableau, Power BI).
• Excellent organization skills and ability to effectively manage multiple priorities in a rapidly changing environment.
• Strong presentation & communication skills with the ability to effectively communicate complex financial information to non-financial stakeholders.