The Senior Financial Analyst will proactively coordinate with head of business departments to manage monthly rolling forecast accuracy and drive the forecast accuracy improvement, ensure a monthly budget control process are in place and well cost control against the approved budget for across P&L line items.
This role will also build up and deliver management reports to support for leaders a business performance view as well as to drive the simplification, automation and mitigate manual works in both financial forecasting and reporting.
RESPONSIBILITIES:
Financial Budgeting & Forecasting
- Support Finance Planning Manager and Head of Finance in building up long-term plans, financial modeling, and investment business case.
- Support Finance Planning Manager and Department Heads to prepare detailed Annual Plan with key assumptions for both top-down and bottom-up budgets, and drive monthly rolling financial forecasting
- Partner with Department Heads and other key stakeholders to provide input for monthly rolling forecasts by stores, by channels, and across cost line items, ensuring forecasts are driven with clear inputs and business key assumptions
- Assist in driving consistent process standardization and management across the business to improve forecast accuracy
- Build and manage financial databases by organizing and analyzing a wide range of data sources
- Develop cash flow forecast models and manage working capital consolidation.
Budget Control
- Work on the annual financial plan by stores, from revenue to EBITDA, communicate and get final alignment on the annual budget by stores. Prepare Profit and Loss consolidation by Omni-channels, by stores, and by sales format
- Monthly analyze actual financial results vs. the forecast, performing gap analysis with clear explanations of variances compared to forecast, Annual Operating Plan, and previous years
- Closely monitor the monthly budget to ensure spending is on track with the approved budget, ensuring all variances against the budget are well explained and clearly presented with insights
- Collaborate with Accounting, Operations, and other teams to ensure alignment on financial plans, budgets, and performance.
Financial Reporting
- Build and deliver standardized management reporting packages to provide leadership with a comprehensive view of business performance
- Prepare data and information for long-term plans, Annual Operating Plan, Monthly Financial Review, and Quarterly Business Review
- Support sales and financial preparation for monthly financial reviews and quarterly business reviews.
- Identify opportunities to streamline and automate financial forecasting and reporting processes to reduce manual work and improve efficiency. Work on automation and technology application for management reports.
- Provide ad-hoc analysis, materials, and financial support as requested for Board Meetings and other business needs.
Finance Project and Ad-hoc requirement
Save