Financial Business Partner Senior Manager (Quản Lý Cấp Cao Phân Tích Tài Chính)

Job Purpose / Mục tiêu vị trí
Managing the partnership between the business and Finance through the following key areas:
Providing world class finance partnering services and take care of a number of partner functions, supporting them in planning and controlling their functional budget, identifying opportunities and making recommendations for improvements, and being the key point of contact for their finance-related requests
Process enhancements to improve the efficiency and accuracy of Finance work for key stakeholders at Prudential Vietnam Assurance, Strategic Business Group (SBG) and Group
Job Responsibilities / Phạm vi công việc
1. Partnering as Strategic and Trusted Advisor-Finance Business Partner
• Act as a trusted finance adviser and facilitator of productive business discussions, including but not limited to financial process improvement, business case building, etc.
• Understand how the business runs through frequent formal and informal update with stakeholders
• Facilitating annual & quarterly budgeting process to align resource allocation with division strategic initiatives
• Get involved in commercial and strategic decision making through business analysis
• Embed financial thinking in partners' daily process
• Facilitate business users to perform regular expense and budget review
• Update management with any alarming expense KPIs and recommend remediation
• Provide advice to Head of Finance Business Partnership and Chief Financial Officer regarding business requirements and implementing flexible budget control
• Build and maintain strong relationships with peers and senior leaders
• Advise business users in effectively completing EPs and ACRs and support them through the approvals process. Provide advice on potential challenges from SBG and Group. Ensure alignment with strategic initiatives and coordinate with relevant departments at PVA, SBG and Group for approval.
• Support business users on monitoring EP and ACR implementation and post implementation to report on impact and lessons learnt for future projects
• Facilitate business users to deliver strategic projects by providing advices on potential challenges and best practices
2. Business analysis and budget control
• Support FBP in being actively involved with the business to provide value-added and actionable advice for financial control process.
• Support FBP team member in performing regular expense and budget review.
• Managing annual budget exercise and quarterly rolling forecast
• Update management about their expense KPIs and recommend practical remediation actions. Including advice on embedded value expense variance making allowance for changes in both expense and allowance, with support from Actuarial.
• Develop tools (eg visualization) to help stakeholders understand better their budget position and what is important to focus on improving. Provide meaningful and informative analysis reports to business stakeholders by monthly/quarterly/annually.
• Provide support and advice to the business for budget planning and ad hoc financial analysis.
• Ensure FBP have a strong understanding of the budgets of their areas and can explain where money is being spent.
• Sound business analysis on company performance in accordance with requirements from management and advice to Management for implementation of budget to be in line with company's strategy
3. Finance Business Partner Operation
• Develop, implement, and review operational policies and procedures.
• Implement data governance process, that be embedded within the organization's data creation, management and protection.
• Enhance the operational procedure, systems, and principles in the areas of information flow and management, business processes, enhanced management reporting, and look for opportunities to expand systems.
• In-charge to maintain and deliver sharing about Regional Finance policy to key stakeholders
• Oversee budgeting, reporting, planning, and auditing.
• Ensure all legal and regulatory documents are filed and monitor compliance with laws and regulations.
4. Finance project management
• Engage with relevant stakeholders in all Finance projects to agree implementation scope and deadlines
• Monitor and drive Finance projects in collaboration with relevant stakeholders to ensure progress is not behind deadlines and spending is within budget
• Monitor Post Implementation Review (PIR) for all Finance projects, ensure relevant stakeholders are aware of PIR deadlines and tasks
Job Accountability / Trách nhiệm chính
• Update and maintain FBP role to align closely to the business to provide more effective Finance support on projects and expense management
• Cooperate and influence all other departments within Finance to reduce manual work, increase efficiency and effectiveness of Finance process and controls. Monitor and control the progress of all Finance projects.
• To prepare periodical financial reports with accuracy, completeness, and timeliness in accordance with International Financial Reporting Standards and Regional Office accounting policies.
• To coordinate with other teams (Corporate Actuarial, Financial Analysis, Financial Accounting...) to ensure financial reports are delivered with accuracy, completeness, and timeliness.
• To prepare periodical/adhoc MIS reports for Regional Office, PVA leadership team... and monitor the MI system to provide accurate, completed and timely information.
• Other tasks delegated by line manager