VAS Financial Planning and Analysis- Assistant Manager

Deliverables
This jobholder will be responsible for 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 the Head of FP&A.
Scopes
1. Drive the budgeting and financial planning process
• Be a visible driving force and center for financial analysis, performance management and forecasts, advising the school finance team on performance and actions across departments and divisions.
• Coordinate and drive the formulation of the new To-Be budgeting and financial planning process, template and workflows
• Contribute to ensuring that performance management, forecasting and financial reporting is valuable and consistent, highest quality as well as timely and accurate
2. Deliver financial reporting and analysis
• Prepare financial performance reports as regular cadence to management team, Group Finance and related stakeholders including Division Heads and School Directors
• Deep dive into financial data, leveraging the analytics techniques to identify trends, variances, root causes, hidden opportunities for growth, cost optimization, and improvement.
• Perform comprehensive variance analysis and highlight risks and opportunities on P&L delivery 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
• Ensure and drive quality effectiveness in all FP&A processes and deliverables
3. Monitor the budgeting, forecasting and management of Capital Expenditure
• Coordinate and drive the end-to-end Capex budgeting, management and reporting mechanism to ensure investment efficiency
• Assist on business case, investment proposals and carry out ROI analysis for business decision making
• Work in conjunction with Facility, Campus and IT team to support CAPEX budgeting planning and budgetary control and provide corrective actions.
4. Adopt automation and intelligence solutions.
• Build and develop financial tools in terms of financial data, reporting, KPI by dashboards and automation reports
• Drive improvement projects on cost optimization and process automation.
5. Standardize Finance process Governance
• Produce the finance process standards/manual and conduct trainings to related departments where necessary
• Develop and implement operational risk management policies as required.
• Coordinate with implementing units to monitor and control the implementation process to ensure compliance with processes and regulations.
• Prepare risk assessment reports and necessary reports.