Financial Planning And Analysis - Senior Manager

General description
Established in 2004 and licensed by the Vietnamese Government, Vietnam Australia International School (VAS) is a private school group with the national education system offering K-12 education programmes.
About this job
This job-holder will be responsible for setting up and driving robust budgeting, financial planning, financial performance management, and forecasting process. This role is also tasked with driving a step-change in data analytics and actionable insight generation using financial and non-financial data sets. The role will report directly to CFO.
Scope of work:
1. Re-build the budgeting and financial planning process, including a significant leadership on change management
• Lead the analysis of the As-Is process on budgeting and financial planning
• Coordinate and drive the formulation of the new To-Be budgeting and financial planning process, template and workflows
• Build and lead the change management around the new budgeting and planning process
• Build the training documents and conduct coaching/training documents where necessary
• Lead the annual budget exercise and provide inputs and analyses to strategic discussions
2. Drive and own the in-year delivery of P&L target
• Implement a more structured, data-driven and regular cadence on P&L review with relevant stakeholders including CEO and/or Division Heads and School Directors
• Highlight risks and opportunities on P&L delivery with suggestions on gap-closing actions and/or actions to accelerate financial performance
• Maintain a tight control over budget delivery and spending, ensuring financial discipline at all levels of organization
• Lead the revision and implementation of the more decentralized level of decision-making and budget approval through a robust Schedule of Authority review, in conjunction with Financial Controller
3. Lead the budgeting, forecasting and management of Capital Expenditure
• Set up the end to end Capex budgeting, management and reporting mechanism
• Set up and drive regular review of Capex spending
• Build business case template and process to validate and approve Capex
• Work closely with Facility, Campus and IT team to track and understand gaps to Capex budget and provide corrective actions
• Ensure a robust recognition and reporting process for Capex
4. Build strong financial business partnering culture
• Drive close working relationships with divisions and campus to support the financial performance and budget delivery
• Conduct in-depth reviews of financial performance, combine with non-financial performance data to come up with proposals to improve efficiency and RoI
• Be responsible for campus EBITDA deliveries as well as the RoI of divisional budget
• Lead the delivery of the right financial models for different business areas
5. Lead the delivery of the new forecasting and budgeting system
• Based on As-Is analysis, propose and own the To-Be budgeting, forecasting and planning process
• Lead and coordinate the implementation of the new budgeting and forecasting system
• Manage smoothly the transition from the legacy system to the new one
6. Drive team performance and growth
• Set up the FP&A team, including processes, workflows, templates and systems
• Provide regular coaching and training to build a high performing team
• Work closely with regional teams to ensure the team is well aware of the latest changes and stay updated