Finance Business Partner (Immediate Joiners Preferred)

Key Purpose of the Job:
The Finance Business Partner is responsible for performing budgeting, forecasting and analysis that supports major corporate decisions of the divisional manager of a portfolio business. This role is also responsible for managing the portfolio business's cash flow, increasing company operating efficiency and ensuring profitability through careful financial planning.
Key Areas of Responsibility:
1.Budgeting & Planning
• Manage the end-to-end process for annual strategy plan, KPI setting, and zero-based budgeting. Partner with departments to create a detailed, accurate, and coherent yearly budget.
• Work with relevant stakeholders to set monthly, quarterly, and yearly targets.
• Review rolling forecasts monthly, or more frequently based on changes to the business, the market, and the operating environment to help management make better decisions to reach company goals.
• Review weekly and monthly cash flow planning and forecasts.
• Develop business case proposals and plans for expansion projects and new opportunities.
2.Performance Management
• Deliver monthly management reporting package to be presented during the management meeting, present insights, recommendations, and be prepared to answer questions related to financial performance.
• Oversee performance management by working with the divisional manager to track them throughout the year.
• Monitor performance through charts, graphs, and tables monthly or more frequently if the portfolio business requires.
• Review with divisional managers, on a monthly basis, to ensure targets are on-track and opportunities for improvement are identified.
• Track the variance of actual operations against the budgets and forecasts. Investigate large or unusual variances to improve future forecasting and to safeguard the business.
• Analyze the portfolio business's revenue mix and profitability by center, channel, product, customer, segment and function. Monitor trends /over time and proactively investigate any areas that stand out.
3.Decision Making Enablement
• Analyze and advise on pricing and promotion decisions, compensation schemes, and other financially sensitive matters.
• Examine and evaluate the cost-efficiency of each department. Track trends over time, identify outliers and work to improve the portfolio business's operating efficiency.
• Monitor and analyze key business drivers and financial ratios over time versus target and industry averages, translating them into actionable business insights.
• Coordinate with divisional managers to provide financial support and make recommendations to ensure stable and cost-effective functions.
• Review purchase requests, project expenditures and other expenses, and approve or reject requests based on the budget.
• Maintain close oversight of financial expenditures throughout any projects.
4.Stakeholder Management and Cross-functional Collaboration
• Partner cross-functional to align business strategies with financial outcomes and drive sustainable performance.
• Establish and maintain strong relationships with management and functional teams by fostering collaboration, driving consensus, analyzing results and assumptions.
While the above includes a description of the essential functions of the position, other duties may be assigned. This job description is subject to change at the discretion of management.