FP&A Manager

Job Description

Title: FP&A Manager

Company Name: United Dhaka Tobacco Bangladesh Ltd.

Vacancy: 01

Job Location: Dhaka

Employment Status: Contractual

Educational Requirements:
∎ Bachelor of Social Science (BSS)
∎ Bachelor's in Social and Political Sciences, preferably from a foreign institute
∎ Minimum 08 years' experience in Commercial Project Management & Business Controlling and Financial Planning & Analysis: exposures in overseas roles in Tech-based industry and Tobacco Industry will be an added advantage
∎ PC literacy: MS Office: Excel, Word, PowerPoint. SAP or any other Global ERP system knowledge
∎ Sound knowledge in commercial project coordination, oversee project performance, invoicing, and AR follow-up process
∎ Commercial Finance & analytical thinking

Experience Requirements:
∎ At least 8 year(s)
∎ The applicants should have experience in the following area(s): Accounts, Strategic Planning
∎ The applicants should have experience in the following business area(s): Tobacco

Job Context:
∎ `FP&A Manager Market is primarily responsible to provide financial planning, analysis as well as assistance to budget controlling and compliance check for the market business in Bangladesh:
∎ Executes long-term planning exercises (ASP, SPC) and forecasts (LE, PMM) based on input/ assumptions from supporting functions and submits in various Regional & Corporate systems (TM1, IBP, GPM)
∎ Provides required analysis/reports to management (local, regional, corporate) related to planning cycles
∎ Updates reporting files with actuals and provides stakeholders with various variance analyses and overviews
∎ Performs various ad-hoc analyses necessary for the management and/or other supporting functions for decision making
∎ Active partnering with M&S functions to monitor & control budgets, conduct rigorous Budget vs. Actuals, and highlight stakeholders with analysis of Business performance

Job Responsibilities:
∎ PLANNING:
∎ Supports the FP&A Lead during plan cycles with financial planning exercises and analysis/reporting for Annual/Strategic plan (ASP), Strategic Plan confirmation (SPC), Jun/Oct Latest Estimates (LE), and Monthly Outlooks (PMM) for Bangladesh market in line with Regional / Corporate instruction/assumptions and based on local management input.
∎ Develop financial analysis calculation of new product price setup or existing product for price changes
∎ Upload and submit P&L line items, into TM1 and GPM for all planning cycles as required and check the consolidation Market P&L once the budget has been uploaded into TM1/GPM. Prepare Roadmaps on Plan vs. Actuals and Provide Analysis based on tools/Templates required by the regional team
∎ Prepare & submittal report related to Market P&L that required by Region/HQ example Gross Margin analysis, VMC variances analysis, write off analysis, etc. for all planning cycle OL, LE, ASP, and SPC
∎ Set up and define internal budgeting/forecasting schedule from data collection, validation, tabulation until submission. Submit the sensitivity and investment request into TM1
∎ MOE CLOSE & ACTUAL VARIANCE ANALYSIS:
∎ Ensures actuals update of respective working files (P&L Model, M&S, OpEx etc) with the support of the Business Planning Analyst
∎ Executes monitoring/analytical/detailed controls and business checks and works closely with Business Planning Manager to get proper understanding of actual postings
∎ Provides CFO, regional and corporate management with actual financial results (if requested), variance analysis and reports for market P&L in line with corporate requirements
∎ Provides local management with internal reporting packages, MUM/Playbook
∎ Provides other supporting functions with details of actuals and variance analysis (M&S Investments, P&L Overview)
∎ Prepare analysis and comments for monthly CFO Brief report in GPM (include consolidation with Budget analysis part) and discuss with Head of FP&A before submission
∎ SUPPORT TO OTHER FUNCTIONS:
∎ Provides financial impact assessments/support as per Ad Hoc requirements of other functions
∎ Supports other departments & act as Backup for the Business Planning vertical in terms of their reporting, presentations, BAP/Memo by transferring knowledge
∎ Business partner for all departments/function that needs support or has any question related to Market P&L items
∎ Discuss the profitability analysis result with the Brand Owner or Head of Brand
∎ STAKEHOLDERS ANALYSIS:
∎ Any other analysis necessary for the management and/or other supporting functions for decision making and taking actions to reach the targets.
∎ Monitoring and analyzing the spending of the Marketing Investment budget. Regular discussion with the budget owner for the actual spending and the available budget
∎ Ad- Hoc PROJECTS:
∎ Participates in global projects/training in Financial Planning/reporting
∎ Partners Business in Investment Evaluation
∎ Active partnering and representation of FP&A in terms of New Launches and Financial Analysis
∎ OTHER:
∎ Build an abstract representation of a financial situation to represent the performance of a financial asset or portfolio of a business, project, or any other investment
∎ Utilize the current working file for Market P&L model for simulation and keep looking for improvement of working file to get more accurate and quality plan number
∎ Maintaining & checking project calculation and commercial offer, contract negotiation and financial health of the project
∎ Prepares regular business reports and carries out ad hoc reporting requirements from Business Unit management

Additional Requirements:
∎ Bachelor's in Social and Political Sciences, preferably from a foreign institute
∎ Minimum 08 years' experience in Commercial Project Management & Business Controlling and Financial Planning & Analysis: exposures in overseas roles in Tech-based industry and Tobacco Industry will be an added advantage
∎ PC literacy: MS Office: Excel, Word, PowerPoint. SAP or any other Global ERP system knowledge
∎ Sound knowledge in commercial project coordination, oversee project performance, invoicing, and AR follow-up process
∎ Commercial Finance & analytical thinking

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Performance bonus
∎ Salary Review: Yearly

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 11 Apr 2022

Company Information:
∎ 29 Mar 2022
∎ United Dhaka Tobacco Bangladesh Ltd.
∎ Address : Saimon Centre, House # 4A, Road # 22, Gulshan - 1, Dhaka - 1212, Bangladesh
∎ Web : www.saimongroup.com
∎ Business : Airlines/Travel Related business.

Category: Accounting/Finance

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