Financial Planning Analyst

TITLE: Financial Planning Analyst

REPORTS TO: FP&A Manager

GENERAL ROLE

The Financial Planning Analyst is responsible for supporting the FP&A Manager in the annual budgeting and re-forecasting processes.

He/she ensures all guidelines are respected as well as keeping the good quality of data that translates the local strategic plan through budget years.

He/she is also responsible for monitoring the overall financial performance with meaningful analysis to ensure financial goals and company's objectives are met.

He/she is also an active contributor to the reporting process for each closing phase.

MAJOR RESPONSIBILITIES

1.

Budget construction


* Proactively support the FP&A manager during the Budgeting and re-estimate construction


* Create and simulate inventory equations, margins, and depreciation by products in different scenarios


* Update and maintain various budget templates with data submitted from departments


* Prepare and report budget P&L and ensure accuracy and completeness of data through the budget periods


* Report monthly sales re-estimation into the system


* Report budget cashflow in local and original currencies


* Calculate and allocate each department's annual budget


* Perform ad-hoc analysis requested from management

2.

Financial reporting


* Work closely with the accounting team to ensure accuracy of closing data


* Report the closing data for each reporting phase with analysis into the system


* Review the monthly inventory depreciation computation and analyze aging inventory trends to manage financial risks and opportunities related to the inventory


* Proactively track and assess all overhead expenses.

Perform detailed variance analysis of actuals vs.

budget, reforecast, and identify any risks and opportunities

3.

Others


* Work closely with Merchandising and provide financial information in buying process


* Enhance and maintain reporting tools and templates


* Manage, update, and create expense users in expense system

REQUIREMENTS & CAPABILITIES


* Bachelor's degree in accounting, Finance, or related field


* 4 to 6 years of experience in FP&A


* Strong analysis skills with accuracy in details


* Excellent communication and interpersonal skills


* Proficient in MS office applications, especially in Excel


* Knowledge of Cognos, SAP, Magnitude and TM1 system is a plus


* Fluent in English